In a move which will potentially increase the adoption of electric vehicles (EVs) in the UK by making their recharging easier and wireless, the government has plans underway to install a new generation of Scalextric-style EV charging points.

According to a UK government plan recently unveiled by the Department for Transport (DfT), an investment of £40 million will be earmarked for developing wireless charging systems which will enable EV drivers to charge their vehicles on the road, in car parks, or at the roadside, without having to plug the vehicles. As the wireless charging will be easier, drivers would be more inclined to buy electric vehicles.

US electric vehicle maker Tesla’s exports to China are possibly on the verge of a possible slowdown because of a recent move by the Chinese government to increase import duties from the current 25% to a significantly high 40%.

The tariff-hike move by the Chinese government apparently underscores a retaliatory decision, resulting from the US government’s latest list of tariffs for Chinese goods. The move by the US government has escalated the ongoing trade war between the two countries.

The recent announcement by the Chinese government about an increase in tariff to 40% has delivered a hard blow to Tesla Motors, in terms of the cost of the electric vehicles which the company is presently selling in China.

According to the latest car-sales figures from Norway, the best-selling car in the country for June 2018 and year-to-date is Japanese automaker Nissan’s LEAF electric compact hatchback.

With Norway having recorded its third best monthly result for passenger plug-in electric car sales in June, the Nissan LEAF topped the charts among all the models available in the country for all types of cars --- electric, gas, diesel and others.

As per the latest figures, the number of new registrations of the LEAF in Norway in June was 1,152, which accounted for 7.3% of all new registrations in the country during the month. The total new registrations for the vehicle year-to-date were 5,791, which underscores a 7.5% market share.

Nifty ends positively for the third consecutive week on the back of positive global cues but upside remained capped as profit booking was seen with Trade war concerns and US federal rate hike. Bank Nifty lags while defensive sectors shine on the back of value hunting.

Millennials are really the job hoppers, as people say. As per a research, those born between 1980 and 1996 are most likely to change jobs frequently. They made headlines when they moved from college to workplace and how they disrupted the status quo. Since that time millennials have moved from being college grads to starting a family. This change in the life arrangement calls for an adjustment with respect to their desires from an employer as well.

Indian aviation sector has witnessed strong growth in the recent quarter. As per latest figures released by Directorate General of Civil Aviation (DGCA), for domestic sectors, Indian aviation companies served 26 percent more passengers during April. Compared to 9.1 million passengers in April 2017, 11.5 million passengers traveled via air during April 2018.

Connectivity has increased among tier-2 and tier-3 cities across India. Indian government has planned major improvements to regional airports and aviation companies are witnessing growth for small cities.

Occupancy was more than 95 percent for SpiceJet (the airline offers aggressive fares on many routes), followed by Indigo at 91.9 percent occupancy. GoAir also managed impressive occupancy rate of 90%.

Indian stock markets witnessed volatile session on Tuesday as the election results pointed towards hung assembly in Karnataka. Markets were trading strong during the morning session as BJP maintained lead against its opponents. However, the market slipped as chances of BJP government in the state reduced due to post-poll alliance between Congress and JDS.

Indian stock market closed higher on Monday despite weakness in the U.S. market and other major Asian stock exchanges. Indian markets have been moving with global indices but due to fears of trade war between the U.S. and China, Dow Jones has remained highly volatile during the last two weeks. Indian markets are now looking at quarterly results as the next trigger. As investors shrug off the U.S. and China trade war issue, local factors will be important to watch for Indian stocks.

German direct bank N26 has raised money in series C funding round. The online bank offers services in majority of Eurozone. The bank founded in February 2013 has witnessed impressive growth due to its low costs and online services.

As per reports, N26 has raised $160 million in a funding round co-led by Allianz X, the digital investment unit of Allianz Group, and Tencent Holdings Ltd., a leading provider of internet value-added services in China. The funding will be used to accelerate N26’s global growth strategy and product vision.

Indian stock markets registered impressive gains as the global stock markets improved last week and Indian market was lagging behind. Indian stocks opened strong on Monday and selling pressure was witnessed at higher levels. However, towards the end of the trading session, markets registered strong gains and BSE Sensex closed with gains over 600 points. NSE Nifty closed above 10,400. Market analysts consider 10,300 as an important support level for Nifty and the market crossed this level during the early session.

Indian market faced massive selling during the week and majority of panic in the local market was due to global cues. Indian stocks ended the week lower and NSE Nifty dropped below crucial support level. Indian Public Sector Banks spoiled the sentiment as continued selling in some of major banking counters led to decline in benchmarks. Banks are suffering from major crisis after bank guarantee scam by Nirav Modi and Gitanjali Gems.

During the week, U.S. President Donald Trump announced tariffs on steel and aluminum imports. The tariffs were condemned by majority of world leaders but President Trump continued with his plan to announce tariffs. After the announcement, Dow Jones Industrial Average still managed to close with minor loss on Thursday.

Global markets recovered by Indian market remained under pressure last week. The markets recovered during Friday's trading session but market analysts are still not sure if the markets will show a strong upside movement in the coming week. Have a look at Epic Research analysis on Indian Stock Market.

Nifty rebounds after three weeks of consecutive losses and end with indecisiveness forming a long-legged Doji on the weekly chart. A week with a lot of consolidation as the market traded within a range of 2%. Global market cues were also mixed as most leading indices were in consolidation while only Euro markets traded higher. Late weekend buying helped Nifty to almost reclaim the 10500 mark while bank Nifty also rebounded from 24800 to comfortably settle above 25K mark.

Indian stock market remained range-bound during the past week even as stocks managed to recover quite smartly across the globe. Indian market also remained low as public sector banks remained on investor’s selling list. PNB suffered the most during the recent banking scam involving Nirav Modi and Gitanjali Gems.

Dow Jones Industrial Average staged a smart recovery over the week. While the FED meeting led to decline in Dow Jones, the U.S. markets recovered a day after Federal Reserve meeting. Dow Jones looks strong at the moment and with minor correction that started in February, markets are looking forward to gain further in upcoming weeks.

Indian Stocks remained subdued even as global markets recovered smartly. The banking sector turned the sentiment negative. During most of the trading sessions, stocks witnessed gains but by the end of the session, majority of gains were wiped out. Selling pressure was usually witnessed at higher levels.

Below is market view and outlook by SAMCO Securities....

Market crawled up during the week but gave up the gains by the close of the week, inspite of positive global sentiments, principally due to home grown PSU banking mess being denuded by Punjab National Bank. Generally such mess comes out during bottoming cycle, which PSU banks are passing through. Worst seems to have been discounted in the PSU banks but positive triggers are awaited.

When it comes to fashion, consumers have lot of options. Textile companies and fashion houses are coming up with innovative ideas that offer better styling and comfort. One such brand, leading innovation in fashion is Versatyl.

Introducing ‘VERSATYL Reverso’, Versatyl’s latest offering. This 4-in- 1 T-shirt is another revolutionary product that Saneen Javali, the brains behind Versatyl Wear, has brought to our lives. VERSATYL Reverso is the World's First Reversible Multi way wearable T-shirt. The Reverso T-shirt can be worn
in 4 different ways, essentially, ensuring that you get 4 unique, colourful T-shirts all wrapped in one amazing package.

Indian stock market declined last week despite strong recovery in the U.S. markets. Indian investors continued offloading their holding at higher levels, leading to selling pressure on majority of stocks. While blue-chip companies declined less compared to mid-caps, there were select stocks that managed to recover from their recent lows. If the momentum in the U.S. market continues, Indian stocks should see recovery.

Public Sector Banks suffered after a fraud at PNB was reported last week. PNB lost ground as investors dumped the stock. Other stocks in banking sector also suffered as some of the banks reported higher NPA and slippages in the quarterly results.

Epic Research team has offered its view for the Indian markets below...

Indian markets witnessed extreme volatility as the Dow Jones Industrial Average faced sharp decline after touching all-time high during first week of February. As the U.S. markets declined, Indian stocks also witnessed selling pressure with market dropping by nearly 1,000 points in a single trading session. However, as Dow Jones recovered in the second trading session after decline, Indian stocks jumped back to cover up some of the losses.

Dow Jones declined on Thursday again, sending shockwaves across the globe. Markets in Europe and Emerging markets witnessed decline during the last trading session. Dow Jones recovered some of the losses during Friday trading but volatility has resulted in panic selling in select stocks.

As the world moves online, it’s only natural we want to conduct an increasing number of our shopping activities over the internet. While we don’t seem to think twice before ordering shoes and clothes online, why do we exercise a generous dose of caution when thinking of buying jewellery online? It’s true that some of us are still sceptical of buying high-value items over the internet. However, with brands gaining trust in the market, there is no reason to avoid buying jewellery online. Not only do you get the chance to browse through and compare a variety of items online, but you also get the benefit of paying lower prices when you shop from trusted jewellery experts.

Sometimes relationships end easily. You have a fight, you can't stand each other any longer, so you split and rarely think of each other. But sometimes, your relationship ends abruptly, and you are not sure whether it is over or not. You find yourself in limbo, as you can't start a new relationship and you can't reconcile with your ex. At first, you feel the urge to let go your ex, you're trying to find the reasons to hate him or her, and when everything seems alright, the thoughts that you can still reconcile start haunting you. You end up reading thousands of articles with titles like “How to learn to let go?” or “How do I learn to let go?”. Learning to let go is crucial to both you and your partner, and primedating.com offer you to figure out why.

Indian economy has started showing some signs of improvement and economic indicators point towards slow recovery in government revenue. However, the GST collections have reduced in the recent months and Finance Ministry is concerned about the issue. The informal economy suffered a major blow and farm incomes reduced. The Finance Minister has introduced a budget which is focused on agriculture sector.

We present views of Shanti Ekambaram, President – Consumer Banking, Kotak Mahindra Bank on the Union Budget presented by Arun Jaitley.

A budget focused on priority segments

The Finance Minister focused the FY18/19 budget on spends in Agriculture, rural upliftment, the poor, health, education, Infrastructure and Digital India.