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LG To Exit EV Charger Business Amid Global Demand Slowdown
LG Electronics said on Tuesday it will exit the electric vehicle (EV) charger business, citing prolonged global demand stagnation in the EV market. -
BEML To Set Up Rs 1,800 Crore Metro Rail Coach Plant In Madhya Pradesh
Bharat Earth Movers Limited (BEML), a public sector company, is set to establish a metro rail coach manufacturing plant and rolling stocks in Madhya Pradesh with an investment of Rs 1,800 crore. -
Defence Stocks Surge Over Rs 86,000 Crore In Market Value Since Pahalgam Attack
Other companies, such as Mazagon Dock Shipbuilders and Solar Industries, have also played a significant role in the overall market cap gain, contributing Rs 9,971 crore and Rs 6,859 crore, respectively. -
Indians On Revenge Spree: Tourists Bookings For Turkey, Azerbaijan Dip 60 Per Cent Amid Pakistan Row
In early 2024, EaseMyTrip canceled bookings to the Maldives after strained relations between India and the archipelago, triggered by derogatory remarks made by Maldivian officials about India and its leadership. -
India's Defence Exports Saw 34-Fold Jump Over The Past Decade: Rajnath Singh
The defence minister's office asserted that India's defence sector is growing stronger than ever, driven by the spirit of a self-reliant or Atmanirbhar Bharat. -
Bad News For Narayana Murthy’s Infosys Employees, Bonuses Slashed Due To….
Earlier this year, Infosys gave salary hikes of 5-8 per cent to most employees. -
Nissan To Cut 11,000 Jobs, Shut 7 Plants In Bid To Recover
Nissan Motor Co. has announced a major restructuring plan due to falling profits and slowing global sales. The plan includes shutting down seven manufacturing plants and cutting 11,000 more jobs worldwide. -
Indian Stock Market Ends Higher, Defence Sector Remains Resilient
Despite some volatility during the day, investor sentiment remained positive, helping benchmark indices close in the green. -
Fashion giant Burberry slashes 1,700 jobs, says strategic shift to boost performance
Burberry is set to reduce its global workforce by 1,700 employees as part of a cost-saving initiative led by CEO Joshua Schulman to revitalize the brand. This decision follows a period of underperformance and a shift back to focusing on heritage staples like trench coats and scarves. -
Uttar Pradesh To Attract Rs 3,700 Cr Investment; Cabinet Approves Semiconductor Unit In State
The unit approved is a joint venture of HCL and Foxconn. This plant will manufacture display driver chips for mobile phones, laptops, automobiles, PCs, and myriad of other devices that have display. -
India’s wholesale inflation eases to 13-month low of 0.85% in April
India's wholesale price inflation hit a 13-month low of 0.85% in April 2025, driven by lower prices for food, fuel, and manufactured goods. Experts anticipate a further decline in the coming months. Retail inflation also eased, potentially paving the way for another rate cut by the RBI in June to bolster economic growth amid global challenges. -
India's Hospitality Sector To Grow At CAGR Of 10.5 ; Revenue to surpass Rs 1.1 trillion by 2027: Report
India's hospitality sector witnessed a remarkable recovery from the pandemic’s impact, with occupancy rates rebounding from a low of 35 percent to 68 percent in FY2024. -
China’s FDI Proposals Face Stricter Scrutiny In India Amid Tensions With Pakistan
The decision comes in the backdrop of China’s support to Pakistan in the wake of the terrorist killings in Pahalgam and 'Operation Sindoor' that followed. -
Jaguar Land Rover hits a bump in Indian sales as lack of clarity on UK-India FTA leaves buyers in limbo
Jaguar Land Rover is experiencing a sales slowdown in India due to uncertainty surrounding the India-UK FTA, despite recent impressive growth. While some buyers are hesitant, anticipating potential price reductions, locally assembled Land Rover models may not be significantly affected. The Defender and Range Rover SUVs have been key drivers of JLR India's success. -
'I Was Fired From My Dream Job': Tesla Employee Claims He Lost His Job After Criticising Musk Amid Falling Sales
LaBrot said his firing wasn’t about job performance—his or his team’s—but rather a result of him speaking out against Elon Musk. -
India’s defence exports surge to record high of Rs 23,622 crore in FY25; 34-fold increase from 2013-14
India's defence exports have surged to a record Rs 23,622 crore in FY 2024-25, marking a 12.04% increase. This boost reflects a 34-fold rise since FY 2013-14. The success of 'Make in India' weapon system has been highlighted by Operation Sindoor. -
Paid Vacations Without Boss' Approval, 6-month Severance Pay On Job Loss: Netizen Says This Is Dream Job
Ashutosh, who is based in Sweden, took to Instagram to highlight the generous benefits that are considered standard in the Sweden's corporate sector. -
Nvidia CEO Jensen Huang's net worth nears $120 bn, amid surging artificial intelligence chip demand
Nvidia CEO Jensen Huang's net worth neared $120 billion, fueled by soaring demand for AI chips, elevating him on Forbes' billionaires list. Nvidia's market value reached $3 trillion after a major deal with Saudi Arabia to supply AI processors, including a significant portion for a startup backed by the kingdom's sovereign wealth fund. -
Average Pay For Contractual Worker In India's Telecom Sector Rises To Rs 25,225 A Month
The data also highlights that professionals in the 18 to 32-year age group continued to form a significant part of the contractual workforce. -
Pakistan gets $1,023 million as second tranche from IMF under extended fund facility
Pakistan has received a $1.023 billion installment from the IMF's Extended Fund Facility, to be added to its foreign exchange reserves. India had earlier abstained from the vote, voicing concerns about Pakistan's history of non-compliance with IMF conditions and the potential use of funds for cross-border terrorism. -
Boosting bilateral trade: India, US move swiftly to ease apple, shrimp trade barriers amidst deal progress
India and the US are actively resolving trade obstacles, streamlining the import of American apples and addressing challenges in Indian shrimp exports. India is easing apple import rules. -
Lowest In 13 Months: India's WPI Inflation Eases To 0.85% In April 2025
New Delhi: India's Wholesale Price Index (WPI) inflation eased at 13-month's low to 0.85% for the month of April 2025 as compared to the same period last year, official data have shown.
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NDA vs UPA: Who Controlled Retail Inflation Better? Modi Govt’s Strategy Explained
Besides, under the Price Stabilisation Fund, a dynamic buffer stock of pulses is maintained and calibrated release of stocks from the buffer is done to ensure the availability and affordability of pulses to consumers. -
Gold rate today: Gold prices dip by Rs 450 per 10 grams on profit booking
Gold futures dipped to Rs 93,195/10 grams due to profit booking, despite initial gains from cooling U.S. inflation. Silver futures also declined, trading at Rs 96,063/kg. Experts suggest monitoring dollar index volatility and geopolitical tensions. -
Boeing 747-8: $400 Million, 13,650 Km Range, 1061 Kmph Speed - Know More About Qatar's Lavish Gift To Donald Trump
Boeing 747-8: Qatar's government gifted a Boeing 747-8 Intercontinental to US President Donald Trump. -
Bought life insurance to save tax? Why it may be time to get rid of it under the new income tax regime - top things to check
With no tax deduction for life insurance under the new tax regime, it may be time to dump policies you bought only to save tax. -
Microsoft To Lay Off Over 6,000 Employees In Largest Job Cuts Since 2023
Microsoft is still in strong financial shape and reported a 25.8 billion dollars net income for the quarter ending in April and beating analyst expectations. -
Sensex, Nifty Open Higher After Inflation Cools, Geo-Political Tensions Ease
Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 510 points or 0.92 per cent at 56,030 and Nifty smallcap 100 index was up 132 points or 0.78 per cent at 17,035. -
Big Blow To Turkey’s Total Tourism Revenue? Top traders’ body urges Indians to boycott travel to Turkey, Azerbaijan
Turkey’s total tourism revenue stood at $61.1 billion last year, with each Indian tourist spending an average of $972, amounting to a total estimated Indian expenditure of $291.6 million, according to data shared by CAIT. -
Gold price prediction today: What's the gold rate outlook for the coming days - should you buy or sell the yellow metal?
Gold price prediction: Gold prices have been fluctuating due to US-China trade deal optimism and geopolitical tensions. The US and China agreed to lower duties, impacting gold sentiments. Focus remains on US macro cues and Fed's stance on rate cuts.
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