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BUSINESS

China’s economy in deep stress as consumer demand crumbles: Report
WORLD

China’s economy in deep stress as consumer demand crumbles: Report

New Delhi, Aug 25 — China’s economy is showing signs of deep stress with retail sales shrinking, property values continuing to fall, and households cutting back on major purchases. Even Beijing’s own advisers now openly warn that weak demand is eroding growth potential and innovation, according to…

1 in 2 employees eye job change as Gen Z presence doubles: Report
BUSINESS

1 in 2 employees eye job change as Gen Z presence doubles: Report

New Delhi, Aug 25 — Gen Z representation in India’s professional services has doubled but a retention crisis widens as only one in two employees plan to stay in the country, a report said on Tuesday.The report from Great Place To Work found that around 1 in 2 employees are actively looking for a…

Indian IT firms emerge as key partners for global AI labs: Report
BUSINESS

Indian IT firms emerge as key partners for global AI labs: Report

New Delhi, Aug 25 — Indian IT services companies are emerging as indispensable partners for leading global artificial intelligence labs as enterprises shift focus from model capability to deployment, integration and change management, a new report has said.The Indian IT industry has traditionally…

Global semiconductor revenue likely to touch $1.9 trillion in 2027
BUSINESS

Global semiconductor revenue likely to touch $1.9 trillion in 2027

New Delhi, Aug 25 — Global semiconductor revenue is expected to reach $1.6 trillion in 2026, an increase of 92 per cent from $809 billion in 2025, and is further expected to touch $1.9 trillion in 2027, a report has said.The report from business and technology insights company Gartner, Inc. said…

Every Indian must be proud: PM Modi on 10 years of UPI
BUSINESS

Every Indian must be proud: PM Modi on 10 years of UPI

New Delhi, Aug 25 — Marking 10 years of Unified Payments Interface (UPI) on Tuesday, Prime Minister Narendra Modi said that the scale and reach of India's digital payment revolution are something every Indian must be proud of. He said that the introduction of the UPI system marked a major turning…

Hyundai Motor, labour union tentatively reach wage agreement
BUSINESS

Hyundai Motor, labour union tentatively reach wage agreement

Seoul, Aug 25 — The management and labour union of Hyundai Motor tentatively reached a wage agreement on Tuesday following a series of strikes that caused production disruptions.The two sides reached an understanding at the 17th round of talks, agreeing to raise monthly base pay by 100,000 won…