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Vietnam automaker Vinfast opens factory in India, eyeing growth in Asia

August 4, 2025
Finance
Vietnam automaker Vinfast opens factory in India, eyeing growth in Asia

THOOTHUKUDI, India, August 4, 2025 (AP) — Vietnam’s Vinfast on Monday began production at a $500 million electric vehicle plant in southern India’s Tamil Nadu state, part of a planned $2 billion investment in India and a broader expansion across Asia. The factory in Thoothukudi will initially make 50,000 electric vehicles annually, with room to triple output to 150,000 cars. Given its proximity to a major port in one of India’s most industrialized states, Vinfast hopes it will be a hub for future exports to the region. It says the factory will create more than 3,000 local jobs. The Vietnamese

A year after a bloody uprising, Bangladesh is far from political stability

August 4, 2025
Politics
A year after a bloody uprising, Bangladesh is far from political stability

DHAKA, Bangladesh, August 4, 2025 (AP) — Abdur Rahman Tarif was talking to his sister Meherunnesa over the phone when the voice on the other end of the call suddenly fell silent. In that moment, Tarif knew something bad had happened. He rushed home, dodging the exchange of fire between security forces and protesters on the streets of Dhaka. When he finally arrived, he discovered his parents tending to his bleeding sister. A stray bullet had hit Meherunnesa’s chest while she was standing beside the window of her room, Tarif said. She was taken to a hospital where doctors declared

Rupee falls 11 paise to 87.29 against US dollar in early trade

August 4, 2025
Finance
Rupee falls 11 paise to 87.29 against US dollar in early trade

Mumbai, Aug 4 (PTI) The rupee depreciated 11 paise to 87.29 against the US dollar in early trade on Monday, weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar index and easing crude oil prices supported the rupee at lower levels. At the interbank foreign exchange market, the rupee opened at 87.21 and fell to an early low of 87.29 against the American currency, registering a decline of 11 paise over its previous close. On Friday, the rupee closed at 87.18 against the US dollar. “Indian Rupee opened at

Markets climb in early trade on firm Asian markets, buying in Auto, metal stocks

August 4, 2025
Finance
Markets climb in early trade on firm Asian markets, buying in Auto, metal stocks

Mumbai, Aug 4 (PTI) Benchmark indices Sensex and Nifty climbed higher in opening trade on Monday, tracking a firm trend in the Asian markets and buying in auto and metal stocks. The 30-share BSE Sensex rose by 217.61 points or 0.27 per cent to 80,817.52 in opening trade. The 50-share NSE Nifty went up by 71.55 points to 24,636.90. From the 30-share Sensex firms, Tata Steel, BEL, Bajaj Finserv, UltraTech Cement, Hindustan Unilever, Asian Paints, Reliance Industries, Titan and Adani Ports were among the gainers. Infosys, Tech Mahindra, HCL Technologies, Eternal, Power Grid, Axis Bank and ICICI Bank were among

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