Indian Rupee Strengthens, Posts Best Gain in Over Three Weeks
Local Currency Appreciates Over 30 Paise Amid Easing Dollar Index The Indian rupee posted its biggest single-day gain in over three weeks on March 5, 2025, appreciating over 30 paise…
Hon Hai Reports 25% Revenue Surge as AI Server Demand Accelerates
Foxconn’s Expanding AI Business Drives Strong Sales Growth Hon Hai Precision Industry Co., widely known as Foxconn, reported an impressive 25% revenue growth in the first two months of 2025,…
European Markets Surge as Germany Eases Fiscal Constraints
Germany's Policy Shift Sparks Strong Market Rebound European stock markets rebounded sharply on Wednesday after Germany announced a relaxation of its fiscal constraints, providing a much-needed boost to investor sentiment.…
Indian IT Firms Reduce Bench Size and Time Amid Changing Industry Dynamics
Average Bench Time Drops to 35-45 Days as IT Companies Optimize Workforce Utilization India’s top IT services companies, including Tata Consultancy Services (TCS), Infosys, Wipro, HCLTech, and Accenture, are increasingly…
M&M Shares Jump Over 4% After UBS Upgrade, Strong SUV Sales Drive Optimism
UBS Raises Mahindra & Mahindra to ‘Buy,’ Predicts 9% Volume Growth in FY26 Shares of Mahindra & Mahindra (M&M) surged over 4% on Wednesday after global brokerage UBS upgraded the…
Ukraine Offers Partial Ceasefire Amid US Aid Freeze, Pressuring European Allies
Kyiv Seeks to Negotiate While Europe Ramps Up Military Support In a significant diplomatic shift, Ukrainian President Volodymyr Zelensky has proposed a partial ceasefire with Russia, offering to halt long-range…
Disney to Cut 6% of Workforce Amid Shift to Streaming and Cost Optimization
Restructuring at ABC News and Disney Entertainment Networks to Impact Nearly 200 Employees The Walt Disney Company is set to eliminate approximately 6% of its workforce at ABC News Group…
India Cracks Down on Chinese Investments: SFIO Probes 33 Firms for Financial Irregularities
Authorities Tighten Scrutiny Over Fund Diversion and Regulatory Violations The Serious Fraud Investigation Office (SFIO) is intensifying its probe into 33 companies with Chinese investments, investigating alleged financial irregularities, fund…
India’s Services Sector Expands to 59 in February, Driven by Strong Global Demand
Services Sector Rebounds as Manufacturing Slows to a 14-Month Low India’s services sector saw a robust expansion in February, with the Services Purchasing Managers’ Index (PMI) rising to 59, up…
Trump’s Reciprocal Tariffs Threaten Apple and India’s Smartphone Export Growth
New Trade Barriers Could Disrupt India’s Electronics Manufacturing and Export Strategy The expansion plans of global smartphone manufacturers such as Apple and Motorola face potential disruption as the United States…
