[ad_1] China’s industrial firms saw their profits drop by 13.1 per cent in November, from last year, marking the steepest decline in over a year. This fall came despite strong exports, putting focus on country’s ongoing economic struggles and increasing pressure for more government support. The National Bureau of Statistics released these figures on Saturday,…
[ad_1] Sanjeev Sanyal (File pic) NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member Sanjeev Sanyal.In an interview with ANI, Sanyal said a healthy economic system must…
[ad_1] NEW DELHI: Popular quick e-commerce firm Zepto filed its preliminary papers on Saturday with Securities Exchange Board of India (Sebi), aiming to raise Rs 11,000 crore via initial public offering (IPO).The company, founded by Stanford university dropouts, is using a confidential route for its stock market debut planned for next year, according to officials…
[ad_1] The US Wall Street is hoping to mark a strong finish for the year, amid recent highs. The S&P 500 ended at a record high on Wednesday, ahead of the Christmas holiday , being just around 1 per cent short of the 7,000 mark for the first time.The S&P 500 is on track for…
[ad_1] Maglev train tested in China (Image taken from X) Chinese scientists have achieved a milestone in magnetic levitation technology. Researchers at China’s National University of Defence Technology successfully propelled a one-tonne vehicle to 700 kilometers per hour in just two seconds on a 400-meter test track, setting a new world record for superconducting electric…
[ad_1] Foreign Institutional Investors (FIIs) are set to mark their biggest-ever exit from Indian stocks in 2025. They have pulled out Rs 1,58,407 crore, making it the largest withdrawal since they started investing in India. This record outflow combines Rs 2,31,990 crore in stock market sales and Rs 73,583 crore in primary market investments up…
[ad_1] MUMBAI: Bengaluru-based regional carrier Star Air has announced a New Year promotional fare sale offering all-inclusive one-way tickets starting at Rs 1,799 on select routes, according to a press release issued by the airline.The limited-period offer, branded “New Year, New Horizons with Star”, is open for bookings from December 24 to December 31, 2025,…
[ad_1] UP might soon be home to Taiwan Electrical & Electronic Manufacturers’ Association (Teema)’s technology park as the Uttar Pradesh Yamuna Expressway Industrial Development Authority (Yeida) is emerging as one of the key contenders for the proposed Indian facility, people familiar with the matter said.Foxconn chairman Young Liu, who currently heads Teema, and is part…
[ad_1] The UAE is gradually moving toward structured wage regulation, with benchmark salaries and mandatory payment systems shaping worker protections despite the absence of a national minimum wage/Image: Pexels As of 2025, the UAE has not enacted a formal nationwide minimum wage for all private-sector workers. The current labor framework, outlined in Federal Decree-Law No….
[ad_1] FDI inflows into India are expected to register robust growth in 2026, supported by strong macroeconomic fundamentals, big-ticket investment announcements, sustained efforts to improve the ease of doing business, and a new generation of investment-linked trade pacts.To ensure that India remains an attractive and investor-friendly destination, the government reviews the FDI (Foreign Direct Investment)…