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News - Page 19

India’s Forex Reserves Dip Amid Global Volatility

January 8, 2025
News

India’s foreign exchange reserves fell by $4.1 billion to $640.28 billion as of December 27, 2024, marking a significant dip driven by a reduction in Foreign Currency Assets (FCAs). Despite this decline,

Startup Funding Slumps Amid Economic Uncertainty

January 8, 2025
News

Global startup funding fell by 23% in Q2 2024 compared to the previous quarter, with $108.5 billion invested across 7,651 deals. The BFSI sector, traditionally a hotbed for innovation, has not been

Global Capability Centres Lead Office Leasing Boom

January 8, 2025
News

Global Capability Centres (GCCs) have set a new record in office leasing activities, accounting for 29.4 million square feet in 2024. This marks a significant milestone, with GCCs contributing to 37% of

Efficient Workforce Management Drives Growth in BFSI

January 8, 2025
News

The global workforce management software market is projected to grow by $3.67 billion between 2025 and 2029, with North America accounting for 39% of this growth. This upward trajectory is being fueled

LG and Microsoft Join Forces to Revolutionize Smart Home Technology

January 8, 2025
News

LG Electronics and Microsoft have announced a strategic partnership to integrate Microsoft’s Copilot AI assistant into LG’s smart TVs, paving the way for the next generation of AI-powered smart homes. This collaboration,

China’s Mineral Export Ban Fuels Global Antimony Shortage

January 8, 2025
News

China’s decision to ban the export of antimony, a critical mineral used in semiconductors and military applications, has sent prices soaring to historic highs. As the world’s largest producer of antimony, China’s

TSMC Stock Soars on AI Server Boom and Record Revenues

January 8, 2025
News

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, has seen its stock hit a record high, driven by surging demand for AI servers and robust financial performance. The company, a critical

Apple Faces Regulatory Hurdle in Indonesia: iPhone 16 Ban Prompts Investment Talks

January 8, 2025
News

Apple finds itself in a regulatory bind in Indonesia, as the government has banned the sale of its iPhone 16 for failing to meet the country’s local content requirement. Under Indonesian law,

U.S.-China Tensions Escalate as Major Chinese Companies Face Blacklisting

January 8, 2025
News

In a significant geopolitical development, the U.S. Department of Defense has added several Chinese companies, including battery giant CATL and tech conglomerate Tencent, to its blacklist over alleged ties to China’s military.

WPP Requires Four Days in Office: A Bold Move for the Advertising Giant

January 8, 2025
News

Global advertising conglomerate WPP has announced a major policy change, mandating its 100,000 employees worldwide to return to the office at least four days a week starting in April 2025. This decision

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