Song Ho-sung, president and chief executive officer (CEO) of Kia, on Tuesday expressed confidence in turning increasing global trade and business uncertainties for the South Korean automaker into opportunities for further growth.

In a letter to shareholders published on Kia's website, Song assessed that the globalisation trend of the past half-century was "shifting toward regionalism and nationalism," while also reshaping international trade dynamics.

Song also noted that increasing regulatory challenges, such as emissions and fuel efficiency requirements, continue to accelerate the industry's transition to eco-friendly vehicles, reports news agency.

A team of US researchers has made discoveries about brown fat that may open a new path to helping people stay physically fit as they age.

The team from Rutgers University’s New Jersey Medical School found that mice lacking a specific gene developed an unusually potent form of brown fat tissue that expanded lifespan and increased exercise capacity by roughly 30 per cent.

The team is working on a drug that could mimic these effects in humans.

“Exercise capacity diminishes as you get older, and to have a technique that could enhance exercise performance would be very beneficial for healthful aging,” said Stephen Vatner, university professor and senior author of the study published in Aging Cell.

“This mouse model performs exercise better than their normal littermates,” he added.

The Indian benchmark indices opened lower on Tuesday amid weak global cues, as selling was seen in the auto and IT sectors in the early trade.

At around 9.30 am, Sensex was trading 363.22 points or 0.50 per cent down at 72,722.72 while the Nifty declined 125.80 points or 0.57 per cent at 21,993.50.

Uncertainty unleashed by US President Donald Trump is aggravating in global trade, according to experts.

“The 25 per cent tariff on Canada and Mexico and the 20 per cent tariff on China (with the additional 10 per cent imposed now) kicking in the threats are turning into action. The retaliation to these Donald Trump tariffs is yet to be known. Certainly there will be responses," they added.

In response to Trump administration tariff hike, Canada will impose 25 per cent tariffs on US imports worth 30 billion Canadian dollars from Tuesday. It will impose tariffs on additional US imports worth 125 billion Canadian dollars in coming 21 days.

In an unsettling and tragic incident, an innocent passenger was killed, and a few others were injured when unidentified miscreants suddenly began pelting stones at a moving bus in the Chorhata police station area of the Rewa town.

The incident happened on Monday evening. According to the police, the victim, a physiotherapist by profession, became a casualty of the relentless competition between private bus operators.

Additional Superintendent of Police (Urban), Anil Sonkar told over the phone that three unidentified bike riders appeared out of nowhere and pelted two stones with the intent to damage the windscreen of the bus, thereby causing financial loss to the bus operator.

In a boost to the National Green Hydrogen Mission, the government has initiated five pilot projects for using hydrogen in buses and trucks.

The Ministry of New and Renewable Energy had issued guidelines for implementing oilot projects in the transport sector under this Mission.

After detailed scrutiny, the Ministry has sanctioned five pilot projects consisting total of 37 vehicles (buses and trucks), and 9 hydrogen refuelling stations.

The vehicles that will be deployed for the trial include 15 hydrogen fuel cell-based vehicles and 22 hydrogen internal combustion engine-based vehicles.

In a major reprieve to the industrialists of the state, Punjab Cabinet led by Chief Minister Bhagwant Singh Mann on Monday gave nod to introduce a historic One Time Settlement (OTS) scheme to resolve more than four decades old pending cases to provide long-awaited relief to industrialists.

A decision to this effect was taken in a meeting of the Council of Ministers held under the chairmanship of the Chief Minister here at his official residence today.

The BPA Foundation and India Netbooks honor writers every year. This year, two prominent writers from Chandigarh, Prem Vij and Dr. Vinod Sharma, were awarded the National-level Sahitya Bhushan Award in recognition of their services to Hindi literature. The awards were presented at Hotel Crown Plaza-13B, Mayur Vihar Phase-1, Delhi.

The Enforcement Directorate (ED) on Monday issued a show-cause notice to One97 Communications Ltd, the parent company of Paytm, its Managing Director Vijay Shekhar Sharma and others for violating certain provisions of the Foreign Exchange Management Act, 1999 (FEMA, 1999) worth Rs 611 crore.

The show-cause notice has been issued by the Special Director of Enforcement (Adjudication), New Delhi to Paytm’s flagship company One97 Communications Limited (OCL), its Managing Director and other Paytm subsidiary companies -- Little Internet Private Limited (LIPL) and Nearbuy India Private Limited (NIPL) -- for the contraventions of the provisions of FEMA, 1999, to the tune of around Rs 611 crore.

The investigation conducted by ED revealed that Paytm's flagship company “had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step-down subsidiary”.

The stock of Reliance Group companies saw a significant decline on Monday, eroding more than Rs 40,000 crore from their market capitalisation.

The total market-cap of these companies dropped by Rs 40,511.91 crore, bringing it down to Rs 17.46 lakh crore.

The sharp losses were part of a broader weakness in the market, with all stocks within the group registering losses.

Sterling & Wilson Renewable Energy Limited led the fall, followed by Just Dial Limited and Balaji Telefilms Limited, which were among the biggest losers.

Reliance Industries Limited, the flagship company of the Reliance Group, was the third biggest loser in the Nifty 50.

Stock market-oriented online platforms like Angel One and Motilal Oswal Financial services extended their losses on Monday as broader markets continued to see downturn.

Shares of brokerage platform Angel One hit an intra-day low of Rs 1,952.25, down 10 per cent. However, it recovered later and closed at Rs 1,979, down by 8.77 per cent. Angel One's shares declined more than 11 per cent in the last one week.

Shares of other brokerage house, Motilal Oswal Financial Services, also witnessed a sharp decline. At closing, the financial services company shares were down 1.83 per cent at Rs 577. This stock declined about 6 per cent in the last one week.

Bombay Stock Exchange (BSE) shares also witnessed a sharp fall. At closing, the stock was down 5.78 per cent at Rs 4,366. BSE shares declined by more than 21 per cent in the last one week.