India’s largest automaker Maruti Suzuki is slashing the production forecast for its upcoming electric SUV e-VITARA, amid a critical shortage of rare earth magnets, according to industry sources. The company now aims to roll out 8,000 units by September, down sharply from the originally planned 26,000+ units.The automaker, however, plans to meet its full-year production…
HYDERABAD: Japanese life insurance player Dai-ichi Life Group has signed a multi-year agreement with French IT services major Capgemini to set up its first global capability centre (GCC) outside Japan in Hyderabad as part of efforts to accelerate its digital transformation globally.The GCC, set up on a build-operate-transfer model, was opened today at Capgemini’s facilities…
India will remain the fastest-growing major economy in 2025–26 with a projected GDP expansion of 6.3%, the World Bank said in its latest Global Economic Prospects report, while warning that rising global trade barriers and weaker demand from key export partners are likely to dampen external sector momentum.The projection for India remains unchanged from the…
Investors are watching China-US trade talks in London that could have a huge impact on the global economy as early trading on Wall Street was mostly flat.The S&P 500 edged up 0.1% in early trading Tuesday. The Dow Jones Industrial Average was flat and the Nasdaq composite rose 0.2%. Stocks have roared higher since dropping…
Corporate India is expected to maintain a steady pace of hiring during the July–September 2025 quarter, with strong employer confidence in sectors such as IT, energy, and financial services helping offset global trade headwinds, according to the ManpowerGroup Employment Outlook Survey released on Tuesday.The report pegs India’s Net Employment Outlook (NEO) at 42%, the second…
Life insurance in India has expanded far beyond pure protection, offering a suite of plans tailored to diverse financial needs—from family security to long-term wealth creation, retirement income, and child-focused savings. Here are 7 insurance plans which offers varieties of options to insurance seekers. Term planWhile the term plan remains the most basic option, providing…
With no tax benefit available, the home loan should be prepaid as soon as possible. (AI image) The 50 basis point repo rate cut by the RBI has raised hopes that home loan rates will also come down. In the past three months, the RBI has trimmed its key repo rate by 100 basis points,…
NEW DELHI: Niti Aayog is set to recommend a major revamp of AIIMS Delhi, with plans to expand its clinical services to several locations across the National Capital Region (NCR).This initiative aims to ease pressure on the institute’s overloaded infrastructure and allow doctors to focus more on medical research, a senior government official told The…
RCB, an original IPL franchise with Virat Kohli as one of its key players, was first owned by Vijay Mallya. (PTI photo) Diageo Plc is exploring options regarding its ownership of the Royal Challengers Bengaluru (RCB), the Indian Premier League cricket franchise, according to individuals knowledgeable about the situation. RCB achieved their maiden IPL victory…
Reviving tourism: Travel agents from across India to converge in Kashmir this weekend NEW DELHI: Travel agents from across the country will converge in Kashmir this weekend in a bid to revive tourism there following this once-thriving industry’s near-total collapse after the deadly April 22 terror attack in Pahalgam. The Travel Agents Federation of India…