New York: IBM is staring at one of the biggest single-day losses in its 115-year history after CEO Arvind Krishna acknowledged that the technology giant failed to adapt quickly enough to the…
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New Delhi: India’s merchandise trade deficit widened sharply to $30.43 billion in June 2026, surpassing economists’ expectations and highlighting persistent challenges in balancing the country’s external trade. The latest figures, released by…
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New Delhi: In a significant policy development for India’s electronics manufacturing sector, the Central government has approved a joint venture between Dixon Technologies (India) Limited and Vivo Mobile India Limited (VMI) to…
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San Francisco: The global artificial intelligence industry has entered a new phase of competition as SpaceXAI and OpenAI announced major advancements in their AI offerings, with both companies focusing on improving performance,…
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Colorado: Apple has entered into a multiyear semiconductor supply agreement worth more than $30 billion with Broadcom Inc., marking one of the company’s largest manufacturing commitments in the United States. The partnership,…
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Mumbai: Jewellery-backed loans have emerged as the fastest-growing segment of retail credit for non-banking financial companies (NBFCs), with outstanding gold loans witnessing a sharp rise amid record-high gold prices and increasing consumer…
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Seoul: Samsung Electronics is expected to post another record-breaking quarterly operating profit, driven by surging demand for AI memory chips and a prolonged global supply shortage that continues to push semiconductor prices…
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Mumbai: India’s insurance sector is witnessing growing interest from international investors following the government’s decision to increase the foreign direct investment (FDI) limit to 100 percent. Insurance Regulatory and Development Authority of…
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Berlin: German automotive giant Volkswagen is reportedly preparing for the largest restructuring exercise in its 89-year history, with plans to eliminate around 100,000 jobs worldwide and shut down four manufacturing plants in…
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New Delhi: Amazon has announced a massive investment commitment of $48 billion in India between 2026 and 2030, reinforcing the country’s growing importance as a global hub for digital innovation, AI, cloud…
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