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'Death To America" Chants Echo Across Iran After Khamenei Vows ‘UNLIMITED REVENGE' On Israel

'Death To America" Chants Echo Across Iran After Khamenei Vows ‘UNLIMITED REVENGE' On Israel

Time of India17 hours ago

'Think Of Us As Family': EAM Jaishankar Reacts On Europe-India Ties At Raisina Mediterranean 2025
Speaking at the Raisina Mediterranean 2025 Ministerial Session in Marseille, France, External Affairs Minister S. Jaishankar emphasized the need for 'solid, predictable partners' in India's relationship with Europe. He noted that Europe must move beyond working only with like-minded partners and instead focus on finding common ground. Jaishankar highlighted the importance of strategic flexibility, saying Europe needs to develop both the mentality of hedging and the practical ability to engage with a broader set of global partners.#jaishankar #externalaffairsminister #raisinadialogue #mediterranean #marseille #france #europe #eustrategy #freetradeagreement #foreignpolicy #internationalrelations #diplomacy #economicrelations #geopolitics #ministerialsession #indiaspeech #eurasianaffairs #europeanunion #viral #trending #news #toi #toibharat
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Ahmedabad plane crash ;HDFC Life Simplifies Claim Submission Process for Affected Families
Ahmedabad plane crash ;HDFC Life Simplifies Claim Submission Process for Affected Families

United News of India

time44 minutes ago

  • United News of India

Ahmedabad plane crash ;HDFC Life Simplifies Claim Submission Process for Affected Families

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RBI rate relief to luxury car buyers but exchange rate concerns remain, says Mercedes-Benz India
RBI rate relief to luxury car buyers but exchange rate concerns remain, says Mercedes-Benz India

Time of India

time44 minutes ago

  • Time of India

RBI rate relief to luxury car buyers but exchange rate concerns remain, says Mercedes-Benz India

KOLKATA: The recent RBI interest rate reduction provided much-needed relief to luxury car buyers. Some of the price hikes that carmakers were forced to implement in recent years were offset by the rate cut, which helped maintain relatively stable EMIs. Speaking to TOI on the occasion of the introduction of the brand's first hyper-personalisation in India on Thursday, Mercedes Benz India (MBI) Managing Director and CEO Santosh Iyer said Mercedes Benz Financial, the company's non-banking financial arm, passed on the benefits from the RBI repo rate cut to customers. This offered relief and helped maintain relatively stable EMIs despite rising vehicle prices. However, luxury carmakers, including MBI, continue to be concerned over the exchange rate. It is this adverse forex situation that forced Mercedes Benz to implement three price hikes this year. "The euro-rupee equation was particularly challenging, moving from Rs 85-88 to nearly Rs 98 to the euro," explained Iyer. The adverse exchange rate impacts both CKD parts, which comprise 91% of the vehicles sold, and CBUs that make up the rest. "Market sentiment remains mixed, with positive indicators including strong capital markets and healthy GDP growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Pelajari Undo Tax collections are high, and spending continues, but currency valuation impacts make vehicles more expensive," Iyer explained. The luxury car market has shown resilience, growing by 7-8% in certain segments. Electric vehicles have been a bright spot, with luxury EV penetration increasing from 7% to 11%. "Mercedes Benz has outpaced the luxury electric segment growth, recording a 73% increase compared to the industry's 66%," Iyer noted. The company's top-end segment continued to show strength, particularly with models like the G-Class, EQS SUV, and Maybach EQS SUV. Mercedes-Benz Research & Development India (MBRDI) Managing Director & CEO Manu Saale highlighted the facility's contribution to the company's evolution. "As the largest R&D centre for Mercedes outside Germany, we're integrating Indian expertise into global operations," says Saale. MBRDI played a key role in shaping the India-inspired Collector's Edition of the AMG G 63, which includes etching the owner's name on the grab handle. "MBRDI's current focus centres on two primary areas. The first is digital twin technology, where physical processes are digitised throughout the automotive development chain. This advancement accelerates development timelines whilst reducing costs. The second area involves customer-facing digital features, including infotainment systems, Advanced Driver Assistance Systems (ADAS), and electric vehicle charging solutions," added Saale. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

Google rejects app store age verification for online content
Google rejects app store age verification for online content

Time of India

time2 hours ago

  • Time of India

Google rejects app store age verification for online content

American tech heavyweight Google on Friday reiterated its opposition to verifying the age of a device's user through the app stores built into operating systems, calling a proposal from Facebook and Instagram parent Meta "ineffective".Limiting access to age-restricted content online is a live issue in Europe, with France battling pornography sites over its newly-introduced requirement that they check users' is also one of several capitals pressing Brussels to introduce Europe-wide regulations cutting off access to social networks for under-15s over concerns including addiction, cyberbullying and hate speech. Basing age verification on details from a device's app store "would require the sharing of granular age band data with millions of developers... who don't need it", such as producers of uncontroversial apps like flashlights, Google wrote in a blog post. "We have strong concerns about the risks this 'solution' would pose to children," it added. The search giant's Play Store is a part of the Android operating system, by far the most widely-used around the globe. Google said that using app store data to verify ages would also leave major ways people access content online unprotected for the underage, such as desktop computers or shared family devices. Apple -- whose own App Store is loaded on every device running its iOS operating system, such as iPhones and iPads -- has also pushed back against Meta's proposal. "The right place to address the dangers of age-restricted content online is the limited set of websites and apps that host that content," the iPhone maker said in a February document. "Implementing age verification at the operating system or app store level will help ensure that we create an ecosystem that's safe for teens," the Facebook owner's safety chief Antigone Davis told Euronews in February. Meta has sinced launched a campaign for European regulation to require the measure. Europe's Digital Services Act (DSA), which came into force last year, says it is up to platforms like Meta's to verify the age of their users -- not providers of operating systems or app stores. Google said that changing to the latter system -- which has also been pushed by Pornhub parent company Aylo -- would mean "reengineering the protocols that have defined the decentralized web in ways that are hard to fully predict".

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