New Delhi, Sep 10 (IANS) In a major restructuring drive, Danish drug major Novo Nordisk on Wednesday announced plans to slash 9,000 jobs or 11 per cent of its global workforce and save ($1.3 billion) by the end of 2026.
New Delhi, Sep 10 (IANS) US tech giant Apple’s decision to manufacture its entire iPhone 17 range in India will enhance supply chain efficiency, reduce tax leakage, and make a stronger case for India as a premium device manufacturing hub, experts said on Wednesday.
New Delhi, Sep 10 (IANS) India's economy shows resilience despite global trade and fiscal uncertainty, supported by robust domestic consumption and government spending, a report said on Wednesday.
New Delhi, Sep 10 (IANS) With youth unemployment surging to an 11-month high in China, several stressed jobless youth in the country leave home every day and "pretend to work" while sitting in libraries and cafes, while their families think they are doing regular jobs, according to a media report.
New Delhi, Sep 10 (IANS) India’s recent rating upgrade to “BBB” by S&P acknowledges its macroeconomic strength, but the rating still falls short of capturing the country’s true credit profile, a report said on Wednesday.
New Delhi, Sep 10 (IANS) The incremental credit flow of banks is expected to rise to Rs.19-20.5 lakh crore in FY2026 from Rs.18 lakh crore in FY2025 which represents a year-on-year (YoY) growth of 10.4-11.3 per cent for banks in the current financial year compared to 10.9 per cent in FY2025, according to an ICRA report released on Wednesday.
New Delhi, Sep 10 (IANS) India is showing resilience amid geo-political uncertainties and is projected to stay above 6 per cent growth over the next three years -- amid a raised outlook of 6.9 per cent growth in current fiscal -- according to the latest Fitch Ratings’ ‘Global Economic Outlook’ released on Wednesday.
New Delhi, Sep 10 (IANS) India added 3.8 gigawatts (GW) of solar open access capacity in the first half of 2025, and 2.7 GW in the second quarter alone, a new report has said.
New Delhi, Sep 10 (IANS) India and the US can together shape a resilient, balanced and transformative partnership, said former G20 Sherpa Amitabh Kant on Wednesday.
New Delhi, Sep 10 (IANS) Goods and Services tax (GST) reforms are expected to boost domestic consumption without disrupting the trend of fiscal consolidation, a new report has said.
