India’s goods exports surged by 17% to $39.2 billion in October, marking the fastest growth in 28 months, driven by Christmas demand and focused sector initiatives. However, a record $66.3 billion import bill, up 3.8%, resulted in a $27.1 billion…
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The National Financial Reporting Authority (NFRA) proposes aligning Indian audit standards with global norms by April 2026. The chairman emphasized this as a major reform for corporate governance and attracting investors, ensuring a transparent financial system in India’s journey to…
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The U.S. dollar surged to near one-year highs as Federal Reserve Chair Jerome Powell signaled a cautious approach to interest rate cuts, boosting Treasury yields. Asian shares stabilized after a volatile week, while the euro weakened against the dollar. Chinese…
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India’s trade data shows a deficit, with merchandise exports dropping and imports remaining high, leading to a USD 27.14 billion merchandise gap. The services sector witnessed a USD 17.02 billion surplus, but the overall trade balance stood at a negative…
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Lufthansa is projected to cut down on 20% of jobs following a 9% decline in operating profit in the third quarter. AMD is also set to cut its global workforce by 4%.
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Boeing is issuing layoff notices this week as part of its plan to cut 17,000 jobs, or 10% of its workforce. The layoffs come as the company works to restart production of its 737 MAX aircraft following a recent strike…
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