New Delhi was hit by unseasonal hail and thunderstorms, offering much-needed respite from the intense summer heat.Several parts of the city, including Central, West, and North Delhi, remained under an orange alert as weather forecasts predicted more rain and storms throughout the day.The unusual weather pattern led to a significant drop in temperature and a welcome improvement in air quality. (With inputs from agencies.) Source link
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JLR India lowers prices of its Range Rover. File | Photo Credit: C. Venkatachalapathy JLR India on Tuesday (May 5, 2026) announced slashing of prices of its Range Rover completely built unit models imported from the U.K. by up to ₹75 lakh in anticipation of the India-U.K. FTA.The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV, JLR India said in a statement.Under the new pricing, “the Range Rover SV has been repriced from ₹4.25 crore to ₹3.5 crore (starting price ex-showroom)”, it added. Published – May 05, 2026 04:13 pm IST Source link
Hong Kong property transactions surged to a four-month high in April, while the value and volume of home sales hit their highest level in 24 months, according to the latest official data, underscoring the resilience of the city’s real estate sector amid uncertainties over interest rates and the US-Israel war on Iran.A total of 8,692 transactions across homes, offices, shops, car parking spots and industrial spaces were concluded last month, up 12.3 per cent from March’s 7,737 deals, according to data released on Tuesday by the Land Registry. The total sales value rose 17 per cent to about HK$72.9 billion…
EIM (Environmental Impact Measurement), the global reference platform for measuring the environmental impact of garment finishing, presents the second edition of its annual report Denim Industry Progress & Insights 2025. The study analyses over 100,000 real denim finishing processes, providing an accurate and up-to-date view of the industry’s evolution towards more sustainable models. The textile industry, as one of the sectors with the greatest environmental impact, plays a key role in the transition towards more sustainable production models. To move forward, measuring, understanding, and acting are essential. EIM acts as a compass for the industry, enabling the objective assessment of…
Energy minister says Abu Dhabi will supply markets as needed while continuing cooperation with other producers.The United Arab Emirates (UAE) has defended its decision to leave OPEC, saying the move will allow the country to produce oil without restrictions while remaining a responsible partner in global energy markets. Speaking at the “Make It In The Emirates” conference in Dubai, Energy Minister Suhail Al Mazrouei said the UAE’s priority is to meet global demand and honor commitments to investors following the country’s exit from OPEC on May 1. The UAE was one of the cartel’s largest producers before its departure. The…
Indonesia is moving to reshape its ride-hailing industry from the inside, with officials saying the state has acquired stakes in app companies as President Prabowo Subianto seeks to raise drivers’ earnings and rein in commission fees.The move could mark a significant shift in one of Southeast Asia’s biggest on-demand economies, where millions of drivers for platforms such as Gojek and Grab have become a highly visible labour force and, analysts say, a potent political bloc.Last week, Prabowo announced a presidential decree that would lower the commission fees ride-hailing companies charge drivers for each order, from 20 per cent to 8…
Jimmy Lai case set to be raised during Trump’s Beijing summit with Xi Jinping The Independent Source link
An explosion on Monday in a fireworks factory in southern China killed at least 26 people and injured dozens more, prompting China’s leader, Xi Jinping, to demand a rapid investigation and punishment for those responsible. https://nyti.ms/4tUPThQ | The New York Times Source link
According to the latest report from the General Statistics Office under the Ministry of Finance, an estimated 67,200 new vehicles – including both locally assembled and imported units – were added to the market in April 2026. This figure marked a 4.5% decline compared to the previous month, when more than 70,000 vehicles were introduced. Of the total, domestically produced and assembled vehicles accounted for 50,200 units. This represented an 11.3% increase from March and a significant 32.6% rise compared to April 2025. In the first four months of the year, domestic manufacturers rolled out an estimated 178,200 vehicles, up…
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 5 May 2026 – SEMICON Southeast Asia (SEMICON SEA) 2026 was officially launched today at the Malaysia International Trade and Exhibition Centre (MITEC), bringing together policymakers, manufacturers, suppliers, researchers, investors and emerging talent from across the global semiconductor ecosystem for three days of industry dialogue, technology showcases and business engagement. The opening ceremony was officiated by YB Datuk Seri Johari Abdul Ghani, Minister of Investment, Trade and Industry (MITI), and attended by SEMI leadership, the Malaysian Investment Development Authority (MIDA) led by the Chief Executive Officer Datuk Sikh Shamsul Ibrahim Sikh Abdul…