Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
India is ready to provide incentives that would bring Tesla Inc production costs lesser than in China, according to transport minister Nitin Gadkari.
According to Gadkari, it's a win-win situation for Tesla considering that India is a big market and could be an export hub, especially with about 80 percent of lithium-ion battery components being locally manufactured now.
Tesla has registered a company in India and may operate in the country as early as mid-2021.
According to sources, Tesla plans to start by importing and selling its Model 3 electric sedan in the south Asian country.
But Gadkari made the pitch to lure Tesla into manufacturing the vehicles in India rather than just assembling.
India is encouraging the local manufacturing of electric vehicles (EVs), batteries, and other EV components to cut import costs and curb pollution.
However, winning a production commitment from Tesla would not be easy for India whose EV market accounted for just 5,000 out of a total of 2.4 million cars sold last year.
The high cost of EVs and negligible charging infrastructure have deterred Indian buyers.
In contrast, China sold 1.25 million new energy passenger vehicles, including EVs, out of total sales of 20 million cars in 2020. The country also accounted for over a third of Tesla’s global sales.
Unlike China, India doesn’t have an EV policy mandating companies to invest in the sector.
But India is drawing up a production-linked incentive scheme for auto and auto component makers and for setting up advanced battery manufacturing units.
