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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India’s sports market is poised to reach $130 billion by 2030 at a compound annual growth rate (CAGR) of 14 per cent, a Google and Deloitte report said on Thursday.
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Das said, “Soft landing has been ensured, but risks of inflation coming back and growth slowing down do remain. The headwinds from geopolitical conflicts, geoeconomic fragmentation, commodity price volatility and climate change continue to blow.”
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JPMorgan, facing pressure from investors, disclosed that it provided $1.29 in green energy financing for every dollar backing high-carbon energy in 2023. This ratio, a first for the bank, reflects its growing green energy lending and reduced demand for capital…
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