CHINA AUTO SHOW
Raymond’s aerospace and defence business now brings in a fifth of its income, up from 14% a year ago
Raymond reported a significant increase in revenue from its aerospace and defence business, rising 72% to ₹139 crore. The company's overall income grew by 21% to ₹683 crore, indicating strong performance. Operating profit from the aerospace sector also rose to ₹29 crore with an impressive margin of 21%. Additionally, Raymond is investing in new plants to enhance production capacity and support future growth.
China's industrial profit growth picks up amid two-speed economy
China’s industrial profits rose 14.4% year-on-year in September, accelerating from 4.2% growth in August, according to the National Bureau of Statistics. However, widening disparities across sectors, weak domestic consumption and mounting export uncertainties threaten the recovery’s sustainability, with sharp declines in furniture manufacturing contrasting with strong gains in electronics.
Research: Navigating the Business Risks of Changing Pro-America Sentiment
U.S. firms increasingly operate in a marketplace where “Made in USA” is no longer a neutral provenance claim but a charged political signal. A new study analyzing 5,355 companies over twenty years found that pro-America marketing has increasingly shifted from pride-based patriotism to grievance-fueled, us‑versus‑them nationalism. While this can create upsides—new customers, loyalty, pricing power—it also exposes companies to narrative capture, boycotts, and legal scrutiny. To avoid risk, companies must examine their exposure along two axes: domestic embeddedness and symbolic intensity. Leaders must align operations and symbolism, set clear guardrails, and proactively manage meaning drift before others define their loyalties.
China's CATL third-quarter profit growth slowest in nearly two years as competition intensifies
CATL reports slower third-quarter profit growth as intense competition in China’s EV battery market weighs on earnings. Net profit rises 14.5% to 21.2 billion yuan, below estimates, while revenue grows 58.6%. CATL also unveils new heavy-duty truck batteries and plans to expand its battery-swapping network.
Volkswagen bet on Xpeng to save its China business. It's not going to plan
Volkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3,622 monthly sales but consistently missed this target. Local competitors have gained an advantage by offering advanced technology at lower prices, which has hindered Volkswagen's sales efforts. Despite these challenges, Volkswagen continues to pursue aggressive sales goals for the upcoming UNYX 09 sedan.
From rocks to riches: India’s unfinished critical minerals story
India's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The recent supply disruptions from China have highlighted weaknesses in India's domestic capacity for refining these minerals. Efforts to enhance mineral processing and create integrated production facilities are underway to reduce import dependence.
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Driving a wedge in the EU EV market
Chinese automobile companies are presenting their advanced technologies at the Paris auto show to attract European buyers. European car manufacturers face challenges in transitioning to electric vehicles due to investments in battery capacity. As competition intensifies, Chinese firms view Europe as a crucial market for growth and exports. The European market's dependence on fuel imports may favor electric vehicles over traditional fuel-powered ones.
Global Market | European companies better positioned to withstand energy price shock than in 2022: Analysts
European companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing stock market composition, AI-related spending, global operations and stronger risk management. However, a prolonged energy shock could still pressure earnings and consumer demand.
School Assembly News Headlines, October 14, 2026: Check national, international, business, sports updates and thought of the day
School assemblies are essential in keeping students updated on crucial happenings both nationally and globally. Recently, the Supreme Court's decision to reschedule hearings regarding protests showcases ongoing legal discussions. The Home Minister of India calls for enhanced regional collaboration to tackle terrorism threats. In the realm of sports, Shubman Gill and Shafali Verma have been celebrated as ICC Players of the Month due to their outstanding achievements.
Europe’s auto giants learn from China as Volkswagen, Stellantis rethink EV strategy
Volkswagen and Stellantis are adapting their electric vehicle strategies by collaborating with Chinese automakers. Stellantis aims to improve its market position through partnerships with Leapmotor and Dongfeng. Volkswagen continues to focus on its strategies in China while exploring potential collaborations in Europe. Industry analysts note that the competition from Chinese electric vehicle makers is reshaping the European automotive landscape.
Chinese car makers increasingly rely on overseas markets as September exports surge
China’s passenger car exports jumped 64% year-on-year in September to about 919,000 units as automakers increasingly looked overseas to offset weak domestic demand. Chinese brands are expanding rapidly across Europe, Latin America, Southeast Asia and Africa, but tariffs and geopolitical pushback are pushing companies such as BYD to manufacture more vehicles locally in foreign markets.
Will analysts' predictions go wrong? 15 auto stocks with upside potential of up to 50% to as low as negative 1%
For anyone trying to figure out where the economy is headed in the next six months, the numbers to watch will come from auto showrooms. The auto sector has, for long, provided the earliest indications of the health of the economy. And the sales numbers it puts out ahead of the festive weeks are where the correlation is best seen. So, keep a close watch on the auto pack.
17-year-old Kumkum Mohod used a second-hand bow to win Archery World Cup, now she has won India's first individual recurve gold at the Asian Games; Who is she?
Kumkum Mohod, a 17-year-old archer from Amravati who began with a 3000 rupee wooden bow, became the first Indian woman to win an individual recurve medal at the Asian Games, beating South Korea's Oh Yejin in a shoot-off for gold, after years of family sacrifice and modest equipment.
‘Productivity growth in consumer services is powering India’s rise’
Dani Rodrik highlights the relationship between ending poverty, boosting the global middle class, and addressing climate change. He emphasizes the importance of transitioning from manufacturing to services in the global economy. As digital technologies evolve, they enhance productivity in services and create equitable opportunities. The decline of the middle class threatens democracy, leading to political instability in many countries.
ET Prime Special Series: Multibagger or IBC - Part 78: A tech company hiding inside an auto-parts maker. But with a weak spot
This is one of the most exciting businesses in the sector: A technology company disguised as an auto-parts maker, growing fast, earning exceptional returns, and generating real cash. It is also one of the most concentrated. A single buyer accounts for roughly three-quarters of its sales, and a single type of component for roughly three-quarters of its material costs. The upside is obvious. The fragility is the part investors have to weigh.
Beyond the 7% headline: S&P maps the forces driving India’s next growth phase
India’s economy is set to grow 7% in FY27, according to S&P Global, which sees domestic demand, private investment, manufacturing, trade, energy security, renewable power, digital infrastructure and technology shaping India’s next phase of economic growth.
Market rout deepens as crude surge, high US yields batter Indian equities
The Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The NSE Nifty 50 plummeted by 1.56%, marking its lowest close for the fiscal year. The BSE Sensex also dipped by 1.48%, leading to significant market capitalization losses.
Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to China
US President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Both leaders agreed on lowering tariffs on certain goods, with no specific timeline provided for implementation. The absence of a Chinese CEO delegation highlighted ongoing investment challenges amid mutual suspicions. China's trade has thrived despite US tariff threats, giving it leverage in negotiations.
From pickups to idle plants: automakers seek lifeline from defence boom
Western automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like Ford, GM, and Jaguar Land Rover are bidding for military vehicle contracts. Despite these efforts, executives express skepticism about the financial impact on overall revenues. Automakers are offloading surplus factories to defense manufacturers due to the growing demand for military production.
How Trump's diplomatic week exposed the limits of his power
US President Donald Trump sought to project diplomatic strength through his UN address and summit with Chinese President Xi Jinping, but the week produced limited breakthroughs. The Iran war, strained ties with allies, Ukraine and the US-China relationship continue to challenge his foreign policy agenda, according to Reuters and analysts.
Global Market: China, Hong Kong stocks fall as investors temper Trump-Xi meeting hopes; property shares gain
China and Hong Kong stocks declined on Wednesday as investor expectations surrounding the upcoming summit between US President Donald Trump and Chinese President Xi Jinping cooled. Rising trade friction with Europe further dampened sentiment, although property shares bucked the broader market trend on government support measures for China Vanke.
India's China supply chain blip could be a big twist in the plot
India's electronics exports to China have seen a significant rise, driven by AI and data center demand. This growth suggests China may source intermediate electronics from India as it moves up the value chain. India's manufacturing capacity is expanding, focusing on components and sub-assemblies for global markets. This emerging two-way electronics supply chain integrates India into China's industrial ecosystem.
Global funds, same tech bet? The diversification trap Indian investors may miss
Many Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices often revolve around similar technology narratives, particularly in semiconductors. To achieve real diversification, investors must grasp the fundamental earnings drivers. Exploring Europe and Japan can unveil distinct economic pathways, offering a refreshing contrast. A thorough assessment of concentration risks and market dynamics is vital when engaging in international investments.
IIT Madras professor Jhunjhunwala wants PLI to be more startup friendly
PLI should be opened to smaller companies, with incentives tied to meaningful domestic value addition rather than the ability to make large upfront investments, Ashok Jhunjhunwala said in a chat with ET.
China's car glut has long flooded the world. Now comes the cleanup
China's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation with Chinese partners is an early indicator. Excess production is pushing Chinese automakers to export aggressively, causing global trade responses. Analysts predict a broad industry restructuring over the next two to three years. This consolidation aims to improve efficiency and address the challenges of overcapacity.
Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industry
Volkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation amid rising Chinese competition. The company is focusing investment on its strongest and most profitable brands. Many automakers face difficult choices due to declining sales and EV transition costs. This upheaval is reshaping the global automotive landscape with fewer players.
China may have found a way to tackle glut in car market
Two state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
How Trump's war on EVs derailed America's auto-factory revival | Explained
US electric vehicle projects and jobs face setbacks due to policy shifts. Automakers canceled billions in investments and thousands of jobs were lost. Many affected states supported Donald Trump in the 2024 election. This situation contrasts with China and Europe's EV market growth. The industry now focuses on energy storage batteries and gasoline vehicles.
Gorilla investing and 34% return: How Mihir Vora made Trust Smallcap Fund top performer
Trust Smallcap Fund has emerged as the best performing fund in its category over the past year, delivering a 34% return as investors reassess the potential of India’s broader market.
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