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Rolls-Royce La Rose Noire Spotted Overseas; Here's What Makes It Unique

Rolls-Royce La Rose Noire Spotted Overseas; Here's What Makes It Unique

NDTV7 hours ago

Rolls-Royce, the British luxury car manufacturer, unveiled one of the most exclusive cars in its catalog, the Rolls-Royce La Rose Noire, in 2023. It is priced at USD 30 million, making it pricier than the Rolls-Royce Boat Tail and Sweptail. Now, one of the four Droptails has been spotted at Pebble Beach, London. The Rolls-Royce La Rose Noire is credited as the brand's first modern two-seater, ditching the 2+2 configuration of the previously launched droptail models.
The brand claims that the Rolls-Royce La Rose Noire seeks inspiration from the Black Baccara rose. Also, one of the most unique highlights of the La Rose Noire is that the users get a removable carbon fiber roof with the option to choose to get an open-air experience or install a hard roof.
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Rolls-Royce used 1,603 pieces of Black Sycamore veneer, symmetrical triangles are punctuated by asymmetrical red segments, creating an abstract artwork of falling rose petals that cosset the driver and passenger. The brand also claims that this creation took over 2 years and nine months for the artisan to create the craft. The other hand-made artwork also includes an abstract petal motif cascading across the aft deck, mirroring the interior parquetry. Resembling a yacht's jib, two angular sail cowls frame the geometric artwork.
Under the hood, the Rolls-Royce La Rose Noire gets a 6.75-liter twin-turbo V12 engine, churning out a maximum power and torque output of 563 hp and 847 Nm. It is capable of springing from accelerating from 0 to 60 mph in just 4.8 seconds and boasts a top speed of 155 mph.

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APM gas price hits ceiling of $6.75 per mmBtu
APM gas price hits ceiling of $6.75 per mmBtu

Time of India

time28 minutes ago

  • Time of India

APM gas price hits ceiling of $6.75 per mmBtu

The price of natural gas used for producing CNG for vehicles and cooking gas was raised 5 per cent for July, following a surge in oil prices triggered by Israel's military strike on Iran. As part of the monthly revision, the price of natural gas from legacy fields operated by state-owned companies was increased to USD 6.75 per million British thermal units, up from USD 6.41, according to a notification from the Petroleum Planning and Analysis Cell (PPAC) of the Oil Ministry. USD 6.75 per mmBtu is the ceiling price for gas from legacy fields, known as APM gas, which accounts for roughly half the input used in producing CNG. It is also utilised in power generation, fertiliser production, and piped directly to households for cooking. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo A higher input gas price would squeeze margins of city gas retailers. City gas retailers may choose to hike CNG prices if the increase pinches them. APM gas price is revised on the first of every month, set at 10 per cent of the average import price of crude oil in the preceding month. But this price is subject to a floor or minimum rate and a ceiling or maximum rate. The ceiling price for 2025-26 is USD 6.75. Live Events According to PPAC, the price of APM gas for the period from July 1 to July 31, 2025, was calculated at USD 6.89 per mmBtu on a gross calorific value (GCV) basis. However, the rate will be capped at the ceiling price of USD 6.75. In the last revision effective June 1, the APM gas price was cut for the first time in two years, dropping to USD 6.41 per mmBtu from USD 6.75 in the previous month. This was the first reduction since the government in April 2023 implemented a new formula to price APM gas. In April 2023, the Union Cabinet accepted an expert committee report to price on a monthly basis the gas from legacy fields, called APM gas, at 10 per cent of monthly average import price of crude oil with a floor of USD 4 and a cap of USD 6.5 per mmBtu. The cap price was to remain unchanged for two years and rise by USD 0.25 annually thereafter. In line with this, the cap rose to USD 6.75 per mmBtu in April 2025. In the first two years, the price of gas using this formula ranged between USD 7.29 per mmBtu and USD 9.12 but the cap ensured that the rate were fixed at USD 6.50 per mmBtu. In April, the price according to this formula came to USD 7.26 per mmBtu but the final rate was USD 6.75 in line with higher cap. In May, the price came to USD 6.93 but was capped to USD 6.75 for consumers. Since there has been a fall in international oil prices in view of uncertain demand outlook, the Indian basket of crude oil averaged around USD 64 in May. Using this as a benchmark, the APM gas price came to USD 6.41 per mmBtu on GCV basis, according to PPAC. But oil prices rose after Israel attacked Iran last month. That rise has translated into higher APM gas price as well. The rise in benchmark also means that the price of gas that ONGC produced from new wells in the APM fields would also go up. The government had allowed ONGC to charge 12 per cent of the oil price for the gas coming from new wells it drills. The higher price was to make up for the capex incurred in drilling new wells. As much as 5 million standard cubic meters per day of gas -- or a 10th of all gas produced by ONGC -- comes from new wells, according to industry sources. APM gas is one produced by state-owned firms Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL) from fields that were given to them on nomination basis. This gas is the input that is used in the cooking gas piped to household kitchens as well as turned into CNG for running automobiles, making fertilisers and producing electricity. Prior to April 2023, the price of gas produced from fields covered under the Administered Price Mechanism (APM) regime -- which accounts for 70 per cent of domestic gas production -- was determined semi-annually based on a formula that benchmarked it to average international prices at four gas trading hubs. APM gas is provided to city gas distributors for supply to CNG and residential PNG segments, which together account for 60 per cent of their sales volume. Subsequent to the April 2023 decision, APM gas prices are revised on a monthly basis but subject to ceiling and floor price. The ceiling price now is USD 6.75 per MMBtu and will rise by another USD 0.25 per mmBtu in April next year. APM gas prices had seen wide fluctuations in the years running up to the April 2023 decision. From a low of USD 1.79 per mmBtu in 2021, to a high of USD 8.57 for the six-month period ending March 2023. The rate for difficult fields like KG-D6 of Reliance Industries has been set at USD 10.04 per MMBtu for six months beginning April 1 as compared to USD 10.16 in the preceding six months period, according to PPAC.

Sterling heads for biggest quarterly jump in more than two years
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Sterling heads for biggest quarterly jump in more than two years

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India To Set Up Vaccine Hub In Ghana, Expand UPI In Namibia During PM Modi's Tour
India To Set Up Vaccine Hub In Ghana, Expand UPI In Namibia During PM Modi's Tour

NDTV

timean hour ago

  • NDTV

India To Set Up Vaccine Hub In Ghana, Expand UPI In Namibia During PM Modi's Tour

New Delhi: Prime Minister Narendra Modi's upcoming five-nation tour, beginning on July 2, will see significant advancements in India's bilateral relations with African nations of Ghana and Namibia, including the establishment of a vaccine hub in Ghana and the expansion of the Unified Payments Interface (UPI) in Namibia. During a special briefing by the Ministry of External Affairs, Secretary of Economic Relations, Dammu Ravi, outlined the key agendas during the PM's visit to five countries- Ghana, Trinidad & Tobago, Argentina, Brazil and Namibia. The MEA Secretary highlighted the focus on vaccine development in Ghana. "Focus items of the visits will be agriculture, vaccine development, creating a vaccine hub in Ghana... Defence cooperation is also an agenda, along with discussion on critical minerals and Digital Public Infrastructure... MoUs will also be signed, with negotiations still underway on this." This move aims to bolster Ghana's healthcare infrastructure, particularly as the country undergoes economic restructuring under IMF conditionalities, and strengthen India's role in the matter, the Secretary stated. In Ghana, PM Modi will engage in delegation-level talks, have a one-on-one meeting with President John Dramani Mahama, address the parliament, and interact with the Indian community of approximately 15,000. The visit, early in Mahama's tenure following his landslide victory in January, aims to deepen bilateral ties, with economic cooperation dominating the agenda due to Ghana's USD 3 billion trade with India, largely driven by gold exports, and USD 2 billion in investments. "PM will be visiting Ghana on July 2nd and 3rd. This visit is happening after 30 years. The programme is quite hectic. On July 2nd, there will be a ceremonial welcome for the PM, there will be delegation-level talks during which bilateral relations will be reviewed and also to discuss various ways to strengthen the bilateral relations. PM will be having a one-on-one meeting with his counterpart and there will be a banquet dinner. The next day he will be addressing the parliament and also engaging with the Indian community, which is about 15000," Secretary Ravi said. "President John Dramani Mahama just assumed office after a landslide victory in January; that's why the visit carries importance, as the PM will be visiting Ghana early in his tenure. It will help in continuity and deepening the relation and further strengthening it... Both countries will be working to boost economic cooperation as Ghana is undergoing deep economic restructuring, especially as it has undergone IMF conditionalities... Economic agenda will dominate the talks... Bilateral trade between India and Ghana is about USD 3 billion in favour of Ghana because of gold. Investment is about USD 2 billion in both public and private investment," he said. As per a statement by the MEA, this will be Prime Minister's first ever bilateral visit to Ghana. During the visit, Prime Minister will hold talks with the President of Ghana to review the strong bilateral partnership and discuss further avenues to enhance it through economic, energy, and defence collaboration, and development cooperation partnership. This visit will reaffirm the shared commitment of the two countries to deepen bilateral ties and strengthen India's engagement with the ECOWAS [Economic Community of West African States] and the African Union. Duiring the final leg of his visit, at the invitation of the President of Namibia, Netumbo Nandi-Ndaitwah, Prime Minister Modi will embark on a State Visit to Namibia on July 9. This will be the first visit of Prime Minister to Namibia, and the third ever Prime Ministerial visit from India to Namibia. During his visit, Prime Minister will hold bilateral talks with President Nandi-Ndaitwah and deliver an address at the Parliament of Namibia. The visit of Prime Minister is a reiteration of India's multi-faceted and deep-rooted historical ties with Namibia. MEA Secretary Dammu Ravi in the media briefing today said that Namibia will see the expansion of Unified Payments Interface (UPI) as agreements have been signed by the Central Bank of Namibia and NPCI International (NIPL), the international arm of the National Payments Corporation of India. "In the development cooperation area, capacity building, defence centre for excellence for IT - we are going to set it up. During the visit, the setting up of UPI with the country as a technology agreement has already been signed between the Central Bank of Namibia and NPCI... Namibia is a very resource-rich country, with many critical minerals... and discussions will be there on this also," the MEA Secretary Ravi stated. In Namibia, PM Modi will also pay homage to Dr Sam Nujoma, the first president of the African nation. "PM will be visiting Namibia for the last leg on July 9. This visit is coming after 27 years, and the current President, Netumbo Nandi-Ndaitwah, assumed office in March this year. The visit happening early in his tenure is important, as it will help to renew the relationship and deepen our economic engagement with Namibia... The programme will have a ceremonial welcome. PM will pay homage to Dr Sam Nujoma. There will be delegation-level discussions and one-on-one talks, and he will also address the parliament," he noted. Prime Minister Modi will embark on the five-country visit from July 2, during which he will attend the BRICS Summit in Brazil and hold meetings with leaders of Ghana, Trinidad and Tobago, Argentina and Namibia to strengthen bilateral ties. He will start his five-nation visit with Ghana on July 2 and conclude his visit Namibia in the last leg on July 9. In the second leg of his visit, at the invitation of the Prime Minister of the Republic of Trinidad & Tobago, Kamla Persad-Bissessar, Prime Minister Modi will pay an Official Visit to Trinidad & Tobago (T&T) from July 3-4. This will be his first visit to the country as Prime Minister and the first bilateral visit at the Prime Ministerial level to T&T since 1999. In the third leg of his visit, at the invitation of the President of Republic of Argentina, Javier Milei, Prime Minister will travel to Argentina on an Official Visit from July 04-05. Prime Minister will travel to Brazil from July 5-8 to attend the 17th BRICS Summit 2025 followed by a State Visit.

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