Led by solar and wind energy, India has crossed the 200 gigawatt (GW)-mark in renewable energy (RE) production in the month of September.

As per latest data from the Central Electricity Authority (CEA), the renewable energy-based electricity generation capacity (including small and large hydro, biomass and co-generation and waste-to-energy) crossed the 200 GW-mark in September.

The total RE production reached 201,457.91 MW, driven by solar at 90,762 MW and wind energy production at 47,363 MW.

The country’s total non-fossil fuel-based power capacity now stands at 46.3 per cent of the total installed electricity generation capacity.

KG Mobility and Renault Korea Motors have made strong challenges with their new models in the midsize SUV segment, which has been largely dominated by Hyundai Motor Group, according to industry data on Monday.

According to the Korea Automobile and Mobility Industry Association, KG Mobility's Actyon and Renault Korea's Grand Koleos, both SUV brands introduced this summer, sold 1,686 units and 3,900 units, respectively, in September.

Their combined market share totalled 24.8 per cent in the total domestic midsize SUV market last month, reports news agency.

The joint market share of the two models has shown an increase since their launches in August. The joint share of the Actyon and Grand Koleos jumped 19.7 percentage points from the 5.1 percent reading in August.

A team of Apple researchers has questioned the formal reasoning capabilities of large language models (LLMs), particularly in mathematics.

They found that LLMs exhibit noticeable variance when responding to different instantiations of the same question.

Literature suggests that the reasoning process in LLMs is probabilistic pattern-matching rather than formal reasoning.

Although LLMs can match more abstract reasoning patterns, they fall short of true logical reasoning. Small changes in input tokens can drastically alter model outputs, indicating a strong token bias and suggesting that these models are highly sensitive and fragile.

The management and union of Renault Korea Motors, the South Korean unit of Renault, has sealed a wage deal after an extended labour strike over wages and working conditions.

Unionised workers of Renault Korea engaged in a full-scale strike since September 13, demanding improved wages and working conditions.

According to the company the labour union held a vote on whether to accept a tentative wage and collective bargaining agreement, with 50.5 per cent of the members voting in favour, reports news agency.

Japanese car maker Toyota have confirmed their return to Formula 1 for the first time since 2009 after signing a technical partnership with the Haas F1 Team that begins immediately.

Under the new multi-year agreement both parties will share expertise and knowledge, as well as resources – with Toyota Gazoo Racing providing design, technical and manufacturing services while Haas F1 Team will offer technical expertise and commercial benefits in return.

"With an objective to advance Haas F1 Team’s development and competitive element within Formula 1, Toyota Gazoo Racing will further develop its own knowledge and skills in a variety of areas through its involvement with the team competing at the leading edge of global motorsport," the Formula 1 team said in a statement.

As Indian stock markets continue to outperform its global peers, the number of demat accounts increased to 175 million in the month of September, from 171 million in August, a report showed on Friday.

The number of active clients on the National Stock Exchange (NSE) increased 2.4 per cent (on-month) to 47.9 million in September.

The new account additions jumped 4.4 million in September, with average monthly additions of 4 million in current fiscal to date, according to the report by Motilal Oswal Financial Services.

Elon Musk-run Tesla on Friday unveiled its first Cybercab that will cost less than $30,000 and the average operating cost will be nearly $0.20 per mile, much less than a traditional city taxi.

The tech billionaire revealed a prototype of the EV company’s first fully driverless vehicle during the robotaxi event dubbed as ‘We, Robot’ in the US, along with showcasing a line-up of futuristic vehicles that includes an electric van.

The Cybercab is a purpose-built autonomous vehicle, lacking a steering wheel or pedals. The doors open upward like butterfly wings and a small cabin with only enough space for two passengers.

Looking similar to Cybertruck, it does not have a plug-in charger and instead has “inductive charging,” which is like wireless charging, according to the Tesla owner.

India has the golden opportunity to embrace technology as a great enabler and multiplier, driving India’s inclusive growth, industry experts and startup founders have stressed.

The startup ecosystem will generate more employment and there is a need to strengthen the policy ecosystem further, according to Sunil Kant Munjal, Chairman, Hero Enterprises.

“This is the phenomenal time to embrace the opportunity to turn the youth to valuable resources and embrace technology as a great enabler and multiplier,” he said during a PHDCCI event in the national capital.

Exports of pharmaceutical and meditech sectors in India are expected to continue to grow despite global slowdown concerns, according to Arunish Chawla, Secretary, Department of Pharmaceuticals.

With 16 blockbuster drugs in the pipeline -- for cancer, diabetes, HIV and tuberculosis, the exports in these sectors have become the fourth-largest in the country in the last fiscal.

Amid global slowdown concerns, the sector is experiencing double-digit growth, supported by government efforts and the Production Linked Incentive (PLI) scheme, the Secretary told reporters at the CII Pharma and Life Sciences summit.

The 16 drugs to be produced in India are part of a larger list of 25 molecules which are going off-patent in the next few years.

As financial inclusion improves amid rising rural consumption, the percentage of rural households with at least one member covered by any form of insurance increased significantly from 25.5 per cent in 2016-17 to 80.3 per cent in 2021-22, a government survey revealed on Thursday.

It means that four out of every five households had at least one insured member, according to NABARD’s ‘All India Rural Financial Inclusion Survey’ (NAFIS) for 2021-22.

Agricultural households outperformed their non-agricultural counterparts by a margin of roughly 13 percentage points.

Among different types of insurance, vehicle insurance was the most prevalent, with 55 per cent of households covered. Life insurance coverage extended to 24 per cent of households, with agricultural households showing slightly higher penetration (26 per cent) compared to non-agricultural ones (20 per cent).