Oil Prices Ease in Asia as Geopolitical Risks Clash With Weak Demand Outlook 
U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise 
Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched 
UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
US and Japan Fast-Track $550 Billion Strategic Investment Initiative 
Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
Yen Slides as BOJ Caution Undercuts Rate Hike Impact 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
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.
