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BUSINESS

Swiggy shares sink 38 pc from listing day peak
BUSINESS

Swiggy shares sink 38 pc from listing day peak

New Delhi, Aug 25 — Quick commerce services provider Swiggy Ltd’s stock has delivered a disappointing performance since its market debut, plunging around 38 per cent from the highs seen on the market debut day in 2024.The food delivery and quick commerce company made its stock market debut in…

Pakistan faces acute housing shortage: Report
WORLD

Pakistan faces acute housing shortage: Report

New Delhi, Aug 25 — With nearly 259 million people, Pakistan requires approximately 41.1 million housing units, based on the Pakistan Bureau of Statistics (PBS) 2023 Census average household size of 6.3 persons. But the 'Seventh Digital Population and Housing Census' records only 38.34 million…

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…