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Indian exports grew on the quickest space since 1980-1990 to touch 418 billion dollar mark, India's overall goods trades crossed one trillion dollar for the first time in history whereas imports scaled 610 billion dollar mark.

India goods trade crosses $1 trillion

Gold was headed for biggest quarterly gain since pandemic-led surge in mid-2020. Gold's safe-haven appeal is also understood to have been bolstered by Ukraine crisis.

Spot gold XAU= was up 0.4% at $1,940.95 per ounce by 12:22 p.m. EDT (1622 GMT). For the month, bullion was up about 1.7%.

US gold futures GCv1 rose 0.4% to $1,946.90.

"The geopolitical situation has been dragging for a month now and inflation data continues to rise. So the overall sentiment in this market right now is people looking for safety," RJO Futures senior market strategist Bob Haberkorn said.

Gold is considered a safe investment during times of political and financial uncertainty.

Data showed U.S. consumer spending slowed significantly in February, while price pressures continued to mount, with the largest annual spike in inflation since the early 1980s. (Full Story)

Russia's invasion, which began on Feb. 24, has fuelled a rally in oil prices and industrial metals.

"We could see a pullback in gold if there is some positive news that comes out of the Russia-Ukraine conflict, but I think traders will look at that as a buying opportunity because of inflation fears," Haberkorn said.

The Federal Reserve has hinted toward aggressive rate hikes this year to fight against soaring inflation, which investors fear could send the U.S. economy into a recession.

A pullback in benchmark U.S. 10-year Treasury yields on Thursday also supported gold. US/

Silver XAG= inched 0.1% higher to $24.86 per ounce. Platinum XPT= fell 0.7% to $983.50. Both metals were set for quarterly gains.

Palladium XPD= rose 0.2% to $2,269.97 and was headed for its biggest quarterly jump since March 2020.&nbsp; 
&nbsp;

Gold was headed for biggest quarterly gain since pandemic-led surge in mid-2020. Gold's safe-haven appeal is also understood to have been bolstered by Ukraine crisis.

Gold was headed for biggest quarterly gain since pandemic-led surge in mid-2020. Gold's safe-haven appeal is also understood to have been bolstered by Ukraine crisis. Spot gold XAU= was up 0.4% at $1,940.95 per ounce by 12:22 p.m. EDT (1622 GMT). For the month, bullion was up about 1.7%. US gold futures GCv1 rose 0.4% to $1,946.90. "The geopolitical situation has been dragging for a month now and inflation data continues to rise. So the overall sentiment in this market right now is people looking for safety," RJO Futures senior market strategist Bob Haberkorn said. Gold is considered a safe investment during times of political and financial uncertainty. Data showed U.S. consumer spending slowed significantly in February, while price pressures continued to mount, with the largest annual spike in inflation since the early 1980s. (Full Story) Russia's invasion, which began on Feb. 24, has fuelled a rally in oil prices and industrial metals. "We could see a pullback in gold if there is some positive news that comes out of the Russia-Ukraine conflict, but I think traders will look at that as a buying opportunity because of inflation fears," Haberkorn said. The Federal Reserve has hinted toward aggressive rate hikes this year to fight against soaring inflation, which investors fear could send the U.S. economy into a recession. A pullback in benchmark U.S. 10-year Treasury yields on Thursday also supported gold. US/ Silver XAG= inched 0.1% higher to $24.86 per ounce. Platinum XPT= fell 0.7% to $983.50. Both metals were set for quarterly gains. Palladium XPD= rose 0.2% to $2,269.97 and was headed for its biggest quarterly jump since March 2020.

Gold poised for biggest quarterly gain in almost 2 years

Four Electric Vehicles(EVs) emitted smoke and eventually went up in flames over the last four days in India, thus raising alarm over the safety of these E-scooters.&nbsp;

While one incident was reported from Maharashtra, the other three were from Tamil Nadu. Happening at a time when the summer is just beginning to set in across the subcontinent and at a time when people are actively considering switching to Electric vehicles, these events have sparked widespread concerns.&nbsp;

To understand the issues that might have led to the recent fires and to know about possible solutions, WION spoke to Aravind Kumar Chandiran, Assistant Professor, Dept of Chemical Engineering, IIT-Madras.

<div class="ui-state-default" contenteditable="false">
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<blockquote class="twitter-tweet">
Thread: Three instances of <a href="https://twitter.com/hashtag/EVs?src=hash&amp;ref_src=twsrc%5Etfw">#EVs</a> <a href="https://twitter.com/hashtag/scooter?src=hash&amp;ref_src=twsrc%5Etfw">#scooter</a> <a href="https://twitter.com/hashtag/Battery?src=hash&amp;ref_src=twsrc%5Etfw">#Battery</a> emitting lots of smoke, eventually catching fire reported in <a href="https://twitter.com/hashtag/TamilNadu?src=hash&amp;ref_src=twsrc%5Etfw">#TamilNadu</a> <a href="https://twitter.com/hashtag/India?src=hash&amp;ref_src=twsrc%5Etfw">#India</a> over last one week 
 
In this incident from Trichy, E-bike was parked overnight in a shop, next morning as it was taken out &amp; parked it emitted fumes <a href="https://t.co/ucF1Xbsnbc">pic.twitter.com/ucF1Xbsnbc</a>
— Sidharth.M.P (@sdhrthmp) <a href="https://twitter.com/sdhrthmp/status/1509120186531872769?ref_src=twsrc%5Etfw">March 30, 2022</a></blockquote>
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According to him, such issues of batteries emitting smoke and eventually catching fire are not sudden phenomenon.

These are actually the result of a build-up(in the battery) that happens over a considerable period of time.&nbsp;

The key to tackling such issues, lay in the Battery Management System algorithms. Mobile phones and Electric vehicles have a 'Battery Management System'(BMS), which is meant to manage a rechargeable battery, ensure it operates safely and efficiently.&nbsp;

BMS is designed to monitor the parameters(temperature, charging, discharging) associated with the battery pack and its individual cells, apply the collected data to eliminate safety risks and optimize the battery performance.

<div class="ui-state-default" contenteditable="false">
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Incident from <a href="https://twitter.com/hashtag/Chennai?src=hash&amp;ref_src=twsrc%5Etfw">#Chennai</a> outskirts.. Person was riding his <a href="https://twitter.com/hashtag/ElectricVehicle?src=hash&amp;ref_src=twsrc%5Etfw">#ElectricVehicle</a> to work, when it started emitting smoke... he parked by the highway only to see flames erupt from the battery section.. Water tanker passing by put out the blaze <a href="https://t.co/8XBkB2ODru">pic.twitter.com/8XBkB2ODru</a>
— Sidharth.M.P (@sdhrthmp) <a href="https://twitter.com/sdhrthmp/status/1509121019348647941?ref_src=twsrc%5Etfw">March 30, 2022</a></blockquote>
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"Electric vehicles operate in climactic conditions that prevail across India, which includes very cold to hot and humid weather and the battery is required to function across these places. Likewise, there are many users who ride the EV for a few hours every day and for long hauls, whereas others who use it casually, for short rides. There are also differences in charging patterns that the users follow. The algorithms in the BMS, must be extensively tested for these dynamically varying conditions, to facilitate best and safe performance of the batteries" he elaborated. Given that EV are in the initial stages of adoption in India, Aravind Kumar is of the opinion that it is the complete responsibility of the Original Equipment Manufacturers and EV companies to deliver well- tested vehicles, that are suited for Indian conditions and users. However, he also feels that batteries emitting smoke and catching fire/exploding are part of an evolutionary process that was witnessed even in mobile phone batteries, and was eventually perfected.

Speaking about the major factors behind damage caused to electric vehicle batteries, he said that it could be thermal abuse(high or low temperature variations), mechanical abuse(accident or crash) and also electric abuse(overcharging and deep discharging cycles). He added that their lab at IIT Madras was also conducting controlled explosions in batteries by inducing the above abuses, to better understand what specific factors lead to the smoke and fire. "By identifying these symptoms or any minute details and changes that we observe in the batteries under abuse, we will be able to detect the issues before hand and develop sensors or alerts to inform the rider. Once a battery starts emitting smoke, there is only about 30-60seconds for escape and that time is very crucial for the rider" he added.

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Incident from Vellore, where an <a href="https://twitter.com/hashtag/electricbike?src=hash&amp;ref_src=twsrc%5Etfw">#electricbike</a> put on charge overnight is said to have erupted in flames and caused damaged to the house.. resultant smoke, asphyxia and blaze said to have killed father and daughter.. apparently, this was a one week old bike <a href="https://twitter.com/hashtag/ElectricVehicles?src=hash&amp;ref_src=twsrc%5Etfw">#ElectricVehicles</a> <a href="https://t.co/qu6XcMcKKW">pic.twitter.com/qu6XcMcKKW</a>
— Sidharth.M.P (@sdhrthmp) <a href="https://twitter.com/sdhrthmp/status/1509121710863560711?ref_src=twsrc%5Etfw">March 30, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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&nbsp;

In terms of developing such mechanisms to detect battery failure, he said that mobiles have finally evolved to a stage where they can warn of overheating, when completely charged, when battery is losing efficiency etc. Likewise, he believes that further research and studies into EV batteries can evolve a triple redundant mechanism to avoid such mishaps. "As more data is available on the EV batteries and their functioning, we can have the BMS and sensors to alert the rider in case of battery danger. With targeted measures, we could even save the battery from further damage and even prevent damage to the vehicle" he adds.

When comparing EV scooters and cars/trucks, scooters are more prone to such battery issues, as scooters lack the liquid cooling technology, which is found in larger vehicles. Despite the higher standards, even the major global automobile and electric vehicle brands have suffered cases of explosion in their models of Electric cars. It is notable that while mobile phone batteries store approximately 10 Watt hours of energy, electric vehicles store few Kilowatt hour to tens of Kilo Watt hours of energy, which is exponentially higher and thus making the complications of heating, thermal management, etc very high. As a researcher in the field, Aravind feels that such setbacks and mishaps are part of the evolution of the technology, and it would eventually lead to better solutions and safety systems being built into EVs.

Four Electric Vehicles(EVs) emitted smoke and eventually went up in flames over the last four days in India, thus raising alarm over the safety of these E-scooters.

Four Electric Vehicles(EVs) emitted smoke and eventually went up in flames over the last four days in India, thus raising alarm over the safety of these E-scooters. While one incident was reported from Maharashtra, the other three were from Tamil Nadu. Happening at a time when the summer is just beginning to set in across the subcontinent and at a time when people are actively considering switching to Electric vehicles, these events have sparked widespread concerns. To understand the issues that might have led to the recent fires and to know about possible solutions, WION spoke to Aravind Kumar Chandiran, Assistant Professor, Dept of Chemical Engineering, IIT-Madras. Thread: Three instances of #EVs #scooter #Battery emitting lots of smoke, eventually catching fire reported in #TamilNadu #India over last one week In this incident from Trichy, E-bike was parked overnight in a shop, next morning as it was taken out & parked it emitted fumes pic.twitter.com/ucF1Xbsnbc — Sidharth.M.P (@sdhrthmp) March 30, 2022 × According to him, such issues of batteries emitting smoke and eventually catching fire are not sudden phenomenon. These are actually the result of a build-up(in the battery) that happens over a considerable period of time. The key to tackling such issues, lay in the Battery Management System algorithms. Mobile phones and Electric vehicles have a 'Battery Management System'(BMS), which is meant to manage a rechargeable battery, ensure it operates safely and efficiently. BMS is designed to monitor the parameters(temperature, charging, discharging) associated with the battery pack and its individual cells, apply the collected data to eliminate safety risks and optimize the battery performance. Incident from #Chennai outskirts.. Person was riding his #ElectricVehicle to work, when it started emitting smoke... he parked by the highway only to see flames erupt from the battery section.. Water tanker passing by put out the blaze pic.twitter.com/8XBkB2ODru — Sidharth.M.P (@sdhrthmp) March 30, 2022 × "Electric vehicles operate in climactic conditions that prevail across India, which includes very cold to hot and humid weather and the battery is required to function across these places. Likewise, there are many users who ride the EV for a few hours every day and for long hauls, whereas others who use it casually, for short rides. There are also differences in charging patterns that the users follow. The algorithms in the BMS, must be extensively tested for these dynamically varying conditions, to facilitate best and safe performance of the batteries" he elaborated. Given that EV are in the initial stages of adoption in India, Aravind Kumar is of the opinion that it is the complete responsibility of the Original Equipment Manufacturers and EV companies to deliver well- tested vehicles, that are suited for Indian conditions and users. However, he also feels that batteries emitting smoke and catching fire/exploding are part of an evolutionary process that was witnessed even in mobile phone batteries, and was eventually perfected. Speaking about the major factors behind damage caused to electric vehicle batteries, he said that it could be thermal abuse(high or low temperature variations), mechanical abuse(accident or crash) and also electric abuse(overcharging and deep discharging cycles). He added that their lab at IIT Madras was also conducting controlled explosions in batteries by inducing the above abuses, to better understand what specific factors lead to the smoke and fire. "By identifying these symptoms or any minute details and changes that we observe in the batteries under abuse, we will be able to detect the issues before hand and develop sensors or alerts to inform the rider. Once a battery starts emitting smoke, there is only about 30-60seconds for escape and that time is very crucial for the rider" he added. Incident from Vellore, where an #electricbike put on charge overnight is said to have erupted in flames and caused damaged to the house.. resultant smoke, asphyxia and blaze said to have killed father and daughter.. apparently, this was a one week old bike #ElectricVehicles pic.twitter.com/qu6XcMcKKW — Sidharth.M.P (@sdhrthmp) March 30, 2022 × In terms of developing such mechanisms to detect battery failure, he said that mobiles have finally evolved to a stage where they can warn of overheating, when completely charged, when battery is losing efficiency etc. Likewise, he believes that further research and studies into EV batteries can evolve a triple redundant mechanism to avoid such mishaps. "As more data is available on the EV batteries and their functioning, we can have the BMS and sensors to alert the rider in case of battery danger. With targeted measures, we could even save the battery from further damage and even prevent damage to the vehicle" he adds. When comparing EV scooters and cars/trucks, scooters are more prone to such battery issues, as scooters lack the liquid cooling technology, which is found in larger vehicles. Despite the higher standards, even the major global automobile and electric vehicle brands have suffered cases of explosion in their models of Electric cars. It is notable that while mobile phone batteries store approximately 10 Watt hours of energy, electric vehicles store few Kilowatt hour to tens of Kilo Watt hours of energy, which is exponentially higher and thus making the complications of heating, thermal management, etc very high. As a researcher in the field, Aravind feels that such setbacks and mishaps are part of the evolution of the technology, and it would eventually lead to better solutions and safety systems being built into EVs.

Explained: What causes sudden fires in Electric vehicles and how it can be prevented

Swiss watchmakers are gathering in Geneva this week it's for their industry's biggest event in three years tackling the impact of sanctions on rich Russians.

Swiss watchmakers grapple with fallout of Russian crisis

Ford motor and general motors will each halt manufacturing next week at a Michigan plant it's due to part shortages. Number two US automaker Ford said it would suspend manufacturing at its Flat Rock Assembly Plant next week where it builds the Mustang.

Ford, GM to halt production in United States

Intel Corp CEO Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year, a regulatory filing showed on Wednesday.

Intel CEO Pat Gelsinger earned 1,711 times a worker's pay

Travel booking software provider Sabre has reported continued gains in leisure travel through March and companies said international and corporate bookings have accelerated since start of the year.

Sabre Corp witnesses travel recovery broadening

Sony is coming up with a new subscription plan with over 300 games across PlayStation generations but it does not quite measure up to Microsoft's game pass completely why and how, take a look.

Sony launches new PlayStation subscription service

Facebook's parent company Meta has been hit with security concerns yet again after the social media giant gave user information to hackers who pretended to be law enforcement officials.

Facebook's parent company Meta gave user data to hackers

Major US and foreign automakers have backed environmental protection agencies new tougher vehicle emission regulations in a court challenge brought by some states.

Automakers back US government's vehicle emissions rules

Amid the ongoing Russian invasion of Ukraine, UAE is not taking anyone's side. Emirates will continue to fly its flights to Russia as usual.

Emirates will continue flying to Russia as UAE is not taking sides in the Russia-Ukraine war

China is the world's largest auto market but due to rising COVID-19 cases in the country and curbs imposed auto manufacturers are scrambling for output.

Shanghai lockdown: Auto manufacturers scramble for output

After a halt of over two years due to covid-19 pandemic, India has resumed international flights. The flights had been operating in an air bubble arrangement earlier with several nations the rules have also been relaxed and government has eased COVID-19 safety protocols.

India resumes international flights: Tourist visas to be resumed for foreign nationals

Amid the ongoing chip shortage worldwide, The U.S. Senate has approved a $52 billion chips bill. The chip shortage has disrupted production.

U.S. Senate approves $52 billion chips bill to curb chip shortage woes

Wealthy Americans may have to shell out more soon as the World's largest economy unveiled a minimum income tax for billionaires. It is a part of President Joe Biden's budget proposal for the current year.

U.S. President Biden's budget blueprint for 2023: Biden proposes a 20% tax on the rich

Now pushing for a greater role in India's video streaming ecosystem, DTH service provider Tata Sky recently rebranded to Tata play.

Tata Play: Transition of a DTH player to offer content consumption across platforms

FedEx is going to have a new CEO. Indian-American Raj Subramaniam to take over the leadership of the company. Raj will succeed the company founder as CEO.

Indian-American Raj Subramaniam to be FedEx's new CEO

As the pandemic fades away, there is a huge rebound in airline travel. Amid this massive recovery, Jetblue plans to add 5,000 jobs in New York.

Jetblue to add 5,000 jobs in New York amid a rebound in airline travel post-pandemic

The US National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond.

High fuel fines for US automakers not meeting fuel economy rules

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As revealed in the Union Budget, profits from trading in crypto and other virtual assets such as non-fungible tokens (NFTs) will be taxed at a flat 30% rate beginning in April.

This would apply to all virtual digital assets (VDA) and their earnings from Bitcoin to non-fungible tokens (NFTs).

Furthermore, for every transaction involving crypto and other virtual assets, 1% of tax will be deducted at source (TDS).&nbsp;

For example, if a crypto investor buys crypto for Rs 10,000 and sells it for Rs 15,000, netting a profit of Rs 5,000, the investor will face a 30% tax on the profit.&nbsp;

Meanwhile, with only a few days till the new tax system for crypto assets takes effect, numerous investors are reportedly booking profits, rejigging their portfolios, or transferring their crypto assets to private wallets outside of India.&nbsp;

Crypto investors should be aware of a few fiscal regulations for the years 2022-2023:

1: After accounting for all bitcoin transactions for the year, no tax will be required to be paid if an investor is losing money with no earnings.

2: Furthermore, investors will not be taxed if they purchase a crypto asset that has gained in value but are unable to sell it due to market conditions. The profits will not be taxed until they sell it for a profit.

3: When calculating taxes, losses from one type of VDA cannot be offset by gains from other VDA transactions.This means that investors will have to pay a 30% tax on any gains made, while losses will not be deducted from the final taxation amount when trading other tokens.As a result, if you make a profit on one token but lose on another, you must still pay 30% on the profitable token.&nbsp;

4: TDS will be imposed on July 1 and will be deducted from the whole transaction value, regardless of whether the investor makes a profit or a loss.

5: Experts and business owners will be unable to deduct gains or losses from their main income and cryptocurrency revenue.

(With inputs from agencies)

As revealed in the Union Budget, profits from trading in crypto and other virtual assets such as non-fungible tokens (NFTs) will be taxed at a flat 30% rate beginning in April.

As revealed in the Union Budget, profits from trading in crypto and other virtual assets such as non-fungible tokens (NFTs) will be taxed at a flat 30% rate beginning in April. This would apply to all virtual digital assets (VDA) and their earnings from Bitcoin to non-fungible tokens (NFTs). Furthermore, for every transaction involving crypto and other virtual assets, 1% of tax will be deducted at source (TDS). For example, if a crypto investor buys crypto for Rs 10,000 and sells it for Rs 15,000, netting a profit of Rs 5,000, the investor will face a 30% tax on the profit. Meanwhile, with only a few days till the new tax system for crypto assets takes effect, numerous investors are reportedly booking profits, rejigging their portfolios, or transferring their crypto assets to private wallets outside of India. Crypto investors should be aware of a few fiscal regulations for the years 2022-2023: 1: After accounting for all bitcoin transactions for the year, no tax will be required to be paid if an investor is losing money with no earnings. 2: Furthermore, investors will not be taxed if they purchase a crypto asset that has gained in value but are unable to sell it due to market conditions. The profits will not be taxed until they sell it for a profit. 3: When calculating taxes, losses from one type of VDA cannot be offset by gains from other VDA transactions.This means that investors will have to pay a 30% tax on any gains made, while losses will not be deducted from the final taxation amount when trading other tokens.As a result, if you make a profit on one token but lose on another, you must still pay 30% on the profitable token. 4: TDS will be imposed on July 1 and will be deducted from the whole transaction value, regardless of whether the investor makes a profit or a loss. 5: Experts and business owners will be unable to deduct gains or losses from their main income and cryptocurrency revenue. (With inputs from agencies)

India: 30% tax on profits from cryptocurrency assets from April 1

The government on Saturday increased the prices of petrol and diesel for the fourth time in five days.

Petrol prices in Delhi stood at &nbsp;Rs 98.61 per litre after an increase of 80 paise while diesel prices rose from Rs 89.07 per litre to Rs 89.87.&nbsp;

The prices of diesel and petrol have gone up by Rs 3.20 a litre in the last four increases after rates were frozen in November ahead of the assembly elections in Indian states.

<a href="https://www.wionews.com/south-asia/cash-strapped-sri-lanka-two-70-year-olds-die-waiting-in-queue-for-fuel-464273">Also Read |&nbsp;Cash-strapped Sri Lanka: Two 70-year-olds die waiting in queue for fuel</a>

Reports said the cost of crude oil had soared to $117 per barrel compared to around $82 in November. The fuel&nbsp;prices were revised for the very first time on Tuesday after a gap of more than four months.

In Mumbai, petrol costs Rs 113.35 per litre and Rs 97.55 per litre for diesel. In Chennai city located in southern India, petrol now costs Rs 104.43 and diesel Rs 94.47 per litre.

India imports 85 per cent of its crude oil requirements. The prices of fuel have been fluctuating since the outbreak of the war in Ukraine last month.

Fuel prices have also hit Europe after Russia's invasion of Ukraine on February 24 as Germany announced it would temporarily slash public transport prices to encourage people to stop taking cars amid soaring petrol costs.

Spain has also been hit hard due to rising fuel costs amid mass protests by farmers and rising inflation as consumer prices surged to its highest level in decades.

Spain's lorry drivers had also launched a strike to protest against rising fuel prices even as&nbsp;Prime Minister Pedro Sanchez said the country was experiencing "extraordinarily complex times".

(With inputs from Agencies)

The government on Saturday increased the prices of petrol and diesel for the fourth time in five days. Petrol prices in Delhi stood at Rs 98.61 per litre after an increase of 80 paise while diesel prices rose from Rs 89.

The government on Saturday increased the prices of petrol and diesel for the fourth time in five days. Petrol prices in Delhi stood at Rs 98.61 per litre after an increase of 80 paise while diesel prices rose from Rs 89.07 per litre to Rs 89.87. The prices of diesel and petrol have gone up by Rs 3.20 a litre in the last four increases after rates were frozen in November ahead of the assembly elections in Indian states. Also Read | Cash-strapped Sri Lanka: Two 70-year-olds die waiting in queue for fuel Reports said the cost of crude oil had soared to $117 per barrel compared to around $82 in November. The fuel prices were revised for the very first time on Tuesday after a gap of more than four months. In Mumbai, petrol costs Rs 113.35 per litre and Rs 97.55 per litre for diesel. In Chennai city located in southern India, petrol now costs Rs 104.43 and diesel Rs 94.47 per litre. India imports 85 per cent of its crude oil requirements. The prices of fuel have been fluctuating since the outbreak of the war in Ukraine last month. Fuel prices have also hit Europe after Russia's invasion of Ukraine on February 24 as Germany announced it would temporarily slash public transport prices to encourage people to stop taking cars amid soaring petrol costs. Spain has also been hit hard due to rising fuel costs amid mass protests by farmers and rising inflation as consumer prices surged to its highest level in decades. Spain's lorry drivers had also launched a strike to protest against rising fuel prices even as Prime Minister Pedro Sanchez said the country was experiencing "extraordinarily complex times". (With inputs from Agencies)

Fuel prices hiked for fourth time in five days

Amid the ongoing surge in COVID-19 cases in China, Beijing has Autoshow postponed reportedly.

Reports: Beijing Autoshow postponed due to covid surge in China

Amid the ongoing Russian invasion of Ukraine and a steep rise in inflation worldwide, UK consumer confidence slides.

UK consumer confidence slides as inflation and war worries mount

Amid the ongoing Russian invasion of Ukraine, gas prices have soared globally. Now, The U.S, allies discuss further oil release.

The U.S, allies discuss further oil release due to the rise in gas prices worldwide

Ahead of entering the EV market in India, Suzuki's Indian arm has appointed a new CEO. Hisashi Takeuchi has become the new CEO of Maruti Suzuki.

Suzuki's Indian arm appoints new CEO ahead of entering the EV market