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By EquityPandit

TECHNOLOGY

Jaguar Land Rover Unveil New Aircon Technology Will Kill 97% Viruses

Jaguar Land Rover’s has claimed that future cabin air purification technology has been shown in laboratory tests to inhibit viruses and airborne bacteria by as much as 97 per cent. According to a release by the company, the new prototype heating, ventilation, and air conditioning (HVAC) system uses Panasonic’s nanoe X technology to inhibit harmful bacteria and viruses. JLR claims that the new tech will help the cabins of future Jaguar and Land Rover models to deliver a unique customer experience.
Jaguar Land Rover partnered with Perfectus Biomed Ltd, a microbiology and virology lab, to perform the laboratory-based sealed-chamber test designed to simulate a vehicle ventilation system in recirculation mode over a 30-minute cycle. The official release states that the independent research showed that viruses and bacteria were inhibited by as much as 97 per cent.
Panasonic’s innovative nanoe X technology has also been tested on novel coronavirus (SARS-CoV-2) by Texcell, a research organization that specializes in viral testing and immune profiling, and is one of the laboratories in the world with permission to test against novel coronavirus. It found more than 99.995 per cent of the virus was inhibited during the two-hour laboratory test.
Dr Steve Iley, Jaguar Land Rover’s Chief Medical Officer, said: “Our customers’ wellbeing is of paramount importance to us – and now, more than ever, we are all looking for technological solutions that can help take care of our loved ones. The independent research, developed and commissioned by our expert engineers, is just one of the ways we are working to assure our customers that harmful pathogens are being minimized, providing a cleaner environment for passengers inside the cabin and setting new standards in the ownership experience.”
To provide active air purification the nanoe X technology uses a high voltage to create trillions of Hydroxyl (OH) Radicals enveloped in nano-sized water molecules. These OH Radicals denature the virus and bacteria proteins, helping inhibit their growth. The OH Radicals deodorize and inhibit allergens in a similar way to create a cleaner air environment for customers.
Alexander Owen, Research Engineer at Jaguar Land Rover, said: “This technology is a great example of being able to harness the power of nature and puts Jaguar Land Rover right at the forefront of this cabin technology. Hydroxyl Radicals are one of the most important natural oxidants in chemistry and have been helping to clean our atmosphere for millennia, removing pollutants and other harmful substances. The creation of this technology and our advanced research is the first step in deploying this scientific phenomenon within vehicle cabins of the future.”

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ECONOMY

India’s Industrial Growth Slows to 2.9% in February on Weak Manufacturing

Dhruva Kulkarni

India’s factory output (IIP) grew 2.9% in February 2025, slowing from 5.2% in January due to weaker growth across key sectors.

Manufacturing and mining growth eased to 2.9% and 1.6%, respectively, while electricity generation improved to 3.6% from 2.4% in January.

Primary goods growth slowed to 2.8% from 5.5%, capital goods rose 8.2% versus 10.3%, and infrastructure/construction goods grew 6.6% from 7.4%.

Consumer durables grew 3.8%, down from 7.2% in January, while consumer non-durables contracted 2.1% after a 0.3% decline.

The IIP index for February stood at 151.3, with mining at 141.9, manufacturing at 148.6, and electricity at 194.0.

Key manufacturing drivers were basic metals (5.8%), motor vehicles and trailers (8.9%), and non-metallic mineral products (8.0%), supported by increased production of steel, auto components, and cement.

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ECONOMY

China Hints at Rate Cuts to Offset Trump’s Tariffs

Dhruva Kulkarni

A Chinese state newspaper signalled the need for monetary easing as US trade tensions threaten economic growth, suggesting the central bank should cut interest rates and banks’ reserve requirements.

The report stated that such measures could stabilise markets, boost confidence, and mitigate external shocks.

Chinese stocks rose for the third day, driven by stimulus expectations and hopes for a trade deal with the US. The urgency for easing increased after US President Donald Trump raised tariffs on Chinese imports to 125% while pausing levies on other trade partners.

Meanwhile, China’s consumer deflation extended for a second month in March, adding to economic concerns.

The People’s Bank of China has repeatedly pledged to lower borrowing costs and reserve requirements, fueling a rally in China’s bond market.

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ECONOMY

Piyush Goyal to Discuss Export Strategies Amid Trump’s Tariff Moves

Dhruva Kulkarni

Union Minister Piyush Goyal will meet exporters at Vanijya Bhawan in New Delhi today from 3 PM to 5 PM to discuss challenges posed by US President Donald Trump’s reciprocal tariffs. 

The meeting will focus on strategies to mitigate their impact, with exporters exploring new markets in gems, jewellery, electronics, textiles, and apparel.

Senior Ministry officials, along with representatives from Export Promotion Councils (EPCs) and the Federation of Indian Export Organisations (FIEO), will participate, according to PTI (Press Trust of India Ltd).

Earlier today, Goyal emphasised that India’s best interests remain the priority in trade negotiations. Speaking at the Dubai India business forum in Mumbai, he reaffirmed that ‘India First’ is the guiding principle, assuring business leaders that trade agreements will support the country’s long-term economic goals.

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ECONOMY

RBI May Cut Rates on 9th April Amid Global Tariff Pressures

Dhruva Kulkarni

With global trade tensions rising due to tariff hikes, all eyes are on the Reserve Bank of India’s (RBI) policy decision on 9th April. Experts expect the Monetary Policy Committee (MPC) to weigh these risks while focusing on domestic factors.

A 25-bps rate cut is widely anticipated, with inflation cooling, growth slowing, crude oil prices falling, and US bond yields dipping. While many foresee further reductions in June, opinions differ on the RBI’s stance—about half expect a shift to ‘accommodative,’ while 40% believe it may remain ‘neutral’ amid global uncertainties.

Most predict the repo rate could bottom out around 5.5%, implying a total 75-bps cut. No major liquidity surprises are expected, as the RBI has already eased conditions through open market operations and currency swaps. Further liquidity measures would be market-positive.

Higher global tariffs could shave 30–60 bps off India’s GDP growth, but the RBI will likely maintain or slightly lower its forecast. On inflation, 60% expect no change, while 40% foresee a slight revision to 4–4.1%.

Overall, the policy is expected to be dovish, with the RBI balancing global risks and domestic growth. Further rate cuts may be on the horizon.

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ECONOMY

India Raises Excise Duty by Rs 2 on Petrol & Diesel; Retail Prices Unchanged

Dhruva Kulkarni

On 7th April, the Indian government announced a Rs 2 per litre hike in Special Additional Excise Duty (SAED) on petrol and diesel, effective from 8th April.

With this revision, SAED on petrol will rise from Rs 11 to Rs 13 per litre and diesel from Rs 8 to Rs 10 per litre. Despite the hike, the Petroleum Ministry confirmed that retail prices will remain unchanged. Petroleum Minister Hardeep Singh Puri assured consumers that the increase would not be passed on to them, stating, “This will not be passed on to the consumer.”

Puri explained that while crude oil prices have dropped to around $60 per barrel, state-run oil marketing companies (OMCs) manage inventory purchased at an average of $75 per barrel, as they typically hold stock for over 45 days. He added that OMCs may consider price revisions if crude stabilises between $60 and $65 per barrel.

This move comes amid a sustained decline in global crude prices, driven by rising supply from non-OPEC (Organisation of the Petroleum Exporting Countries) producers and weaker demand. The downturn has been further intensified by trade tensions following tariffs imposed by US President Donald Trump.

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