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Business 26 Jan 2021 | 7:00 AM

Electric vehicles to overtake gas guzzlers in India by 2030

MUMBAI: Electric-vehicle (EV) sales should overtake gas guzzlers in India by the end of the decade as prices become more aligned and infrastructure and technology improves, hopefully with help from the government, according to Mahindra & Mahindra Ltd, one of the country’s biggest automakers.

Business 25 Jan 2021 | 7:00 AM

China’s non-financial ODI in BRI nations up 18.3%

BEIJING: China’s non-financial outbound direct investment (ODI) in 58 countries participating in the Belt and Road Initiative (BRI) rose 18.3% to US$17.79bil in 2020 despite the 0.4% fall in the overall non-financial ODI to US$110.15bil, the Ministry of Commerce said.