BUSINESS
iPhone manufacturing in India to reach 50% by 2027
According to estimates by DigiTimes research analysts Luke Lin, India and Vietnam are to become the biggest beneficiaries of smartphone supply chain migration out of China. Lin stated that India accounted for 10-15 per cent of iPhones' overall production capacity at the end of 2022, but the actual output so far has been less than 5 per cent.
How to apply for Sukanya Samriddhi Yojana?
The Sukanya Samriddhi Yojana is a governmental scheme that is aimed at directing the betterment of the women of India. Rather it will be best to concede that Sukanya Samriddhi Yojana is the best scheme designed for addressing the girl child of the nation.
The Benefits and Drawbacks of Sticking with a Car Insurance Company
To help you make a decision on whether to continue your relationship with your insurer or look for other options, we’ve come up with a list of the various advantages and disadvantages that you get to experience by staying with your current car insurance company.
Brand will be 'all-electric' in future, says Harley-Davidson CEO
"At some point in time, Harley Davidson will be all-electric. "But that's a long-term transition that needs to happen. It's not something you do overnight," Zeitz was quoted as saying. According to Zeitz, electrification is the next logical step in the evolution of the brand that was founded 120 years ago, reports Dezeen.
Global chip revenue reaches $602 bn last year: Report
According to Gartner, the combined revenue of the top 25 semiconductor vendors increased by 2.8 per cent in 2022 and accounted for 77.5 per cent of the market."2022 began with many semiconductor devices in shortage resulting in extended lead times and increasing pricing which led to reduced electronic equipment
Marketing losses of India's oil PSUs to ease: Moody's
In a report, Moody's said the marketing losses for Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) will go down. "Still, overall earnings for fiscal 2023 ending on 31 March 2023 will be weak because of marketing losses
Goldman Sachs lays off 3,000 staff after calling them for '7.30 a.m. business meetings'
The New York Post reported that Goldman Sachs' CEO David Solomon "e-mailed calendar invites that called targeted employees to phony 'business meetings' at its New York headquarters" last week. Once the employees arrived at the conference room -- some as early as 7.30 a.m. -- they were told by their managers that they were being fired.
India's fiscal deficit for FY23 estimated at Rs 17.5 L crore, FY24 Rs 17.95 L crore: SBI
For India, this could make things difficult to set a nominal gross domestic product (GDP) number significantly higher than 10 per cent, with a deflator about 3.5 per cent. But this could also mean a higher GDP growth than anticipated at about 6.2 per cent, he said.
More than 90% Indian CEOs plan to cut operating costs: PwC survey
At the same time though, they are optimistic about the country's economic prospects. At the same time though, they are optimistic about the country's economic prospects. The survey was released on the first day of the World Economic Forum (WEF) meeting, which began in Davos on Monday.
China's economic recovery needs a stimulus package: S&P Global
According to the report, China's consumption recovery remained soft entering January and with a high baseline in the first quarter of 2022, a continuous weakness in the first quarter of 2023 is expected. A sharp rebound is expected in the second quarter of the current year.
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