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New framework in works to put a number on knowledge economyThe statistics ministry is examining a framework to better measure how knowledge, innovation and technology contribute to India’s economic ...
Reports confirm former Nvidia CEO Jensen Huang's third affair. Can one CEO’s personal life take down the economy?In just weeks, Nvidia's market value plummeted by around $926 billion, triggering concerns among investors about the impact on retirement f...
India’s October merchandise trade deficit widens to one-year high of $39.88 billion as imports surgeIndia's merchandise trade deficit widened to $39.88 billion in October, surpassing economists' forecasts. Exports rose to $49.47 billion fr...
The foreign student cash cow is running dry as US, UK & others tighten visa rulesAs major study destinations tighten visa and migration rules, universities in the UK, Canada, Australia and parts of the US are facing pres...
Huge inflows in small spacesIncreasing investments from global entities into India's financial sector are boosting the specialized lending institutions. Regulatory ref...
US proposes tougher H-1B visa extension scrutiny and over 2 lakh foreign worker petitions could be affected annuallyThe US Department of Homeland Security (DHS) has proposed removing a rule that requires immigration officers to give weight to previous app...
India's October retail inflation quickens to 6.09% to breach RBI's tolerance ceilingIndia's retail inflation accelerated to 6.09% in October, largely driven by rising food prices and supply disruptions. Food inflation signi...
New Zealand moves visitor visa applications online, changing the process for Indian tourists and business travellersNew Zealand has moved most visitor visa applications to its enhanced Immigration Online system, ending the use of several older online form...
Americans are already paying more for candy. Could El Niño make chocolate even costlier this Christmas, Valentine’s Day, and Easter?Meteorologists warn that El Niño is expected to drastically impact cocoa production in Ivory Coast, the leading cocoa producer globally. An...
Economic advancement can’t be judged through a single income figure, other conditions applyIndia’s creamy layer debate has renewed focus on whether income alone can measure socioeconomic advancement. The Supreme Court’s March 11 j...
India doesn’t have a savings problem. It has a savings incentive problemIndian households are saving more than ever. The bigger question now is whether money kept accessible in a savings account can also earn me...
US jobs market shows broad-based recovery in October as hiring beats estimatesUS employers added 165,000 jobs in October, far exceeding expectations, while unemployment fell to 4.1%. However, a closer look reveals une...
India's apparel production falls 5.6% in H1 FY27 as weak US demand, high costs hit manufacturersIndia's apparel production contracted 5.6% year on year in April-September, extending its decline to nine consecutive months as subdued US ...
St. Louis' 1908 Blind Girls' Home suffered water damage and alterations; a $4.6 million restoration uncovered its grand staircase and created affordable apartmentsIn St. Louis, a remarkable historic building, once a sanctuary for blind women, has been beautifully renovated with an investment of $4.6 m...
India's October consumer inflation likely nears top of RBI target on food costs: Reuters pollIndia's consumer inflation is projected to rise in October, mainly driven by significant increases in food prices. Economists expect food i...
Just 3.6% of factories drive 62% of India's manufacturing output, survey showsIndia's manufacturing sector shows a significant concentration of output in large factories generating over Rs 500 crore. While these plant...
Lockheed Martin to pay $29.5 million to settle federal claims it discriminated against white workersLockheed Martin has agreed to pay $29.5 million to settle claims of discrimination against white employees. The company faced allegations r...
Big factories dominate India's manufacturing output, Annual Survey of Industries showsIndia's manufacturing sector is characterised by a significant concentration in large factories generating substantial output. Factories pr...
Prediction markets face US midterms test as election bets soarIn the race towards the US midterm elections, over $1.48 billion has been wagered through prediction markets such as Kalshi and Polymarket,...
Indian households shifting spending towards non-food items, services as consumption patterns evolve: ReportIndian household consumption is likely to become increasingly diversified, with spending gradually moving beyond food essentials towards no...