London/Brussels/Canberra: Leading countries of the world have initiated moves to take actions against the giant companies from the IT sector, trying to have monopolies in the sector, using their financial might. As per reports, over the last few days, the European Union, the United Kingdom and Australia have taken some major decisions in this respect. […]
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Mumbai: The IT industry in India which has seen an upsurge in the last few years, is however currently being faced with challenging financial headwinds. Under such circumstances, these challenges are leading the ‘IT’ sector companies to lay off their employees. While such fears are being voiced a new concern of its consequences affecting the […]
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Washington: Western defence companies have made the biggest gains from the Russia-Ukraine conflict, claims a US website. A website named ‘Defense News’ made public the list of the top 100 highest-earning companies in the defence sector in 2022. Over 50 US companies are included in these, and the information has come to the fore about […]
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Washington – The US and the UK have signed the Atlantic Declaration to strengthen further the ‘special relationship’ between the two countries. President Joe Biden and British Prime Minister Rishi Sunak were present at the ceremony in the White House of the United States on Thursday. Under the Atlantic Declaration, the US and the UK […]
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Washington – The world is worried after the bankruptcy of Silicon Valley Bank-SVB of the United States and the Credit Suisse of Switzerland. Warnings are being given that some more banks in the United States and Europe will go bankrupt in the future. Due to this, some economists have warned that an even worse economic […]
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Washington: Former Lehman Brothers official has warned that more than 50 banks in the US are likely to face bankruptcy if the structural problems are not addressed. Lehman Brothers, one of the largest banks in the US, collapsed in 2008, which triggered a worldwide economic recession. Lawrence McDonald, a former executive of Lehman Brothers, has […]
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Washington – It revealed that Signature Bank went bankrupt in the United States, followed by Silvergate and SVB. The third US bank failure in a week signals that the country’s banking sector was in trouble. Against this backdrop, President Joe Biden claimed, on Monday, the US banking sector was safe. However, former US President Donald […]
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Bengaluru: Aero India-2023 was inaugurated in Bengaluru in the presence of Prime Minister Narendra Modi and Defence Minister Rajnath Singh. It was no longer just an air show, but reflects a changed India, said the Prime Minister. Moreover, he also stated that nearly 100 countries and 700 domestic and foreign companies have participated in Aero […]
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Bengaluru: India’s energy demand is presently at 5% of the global requirement, which is forecasted to be 11% in future. The demand for natural gas is expected to go up by 500%. Hence Prime Minister Modi, while speaking at the India Energy Week 2023 (IEW), highlighted the investment opportunity in India’s energy sector. The Prime […]
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New Delhi: – According to the World Steel Association, the demand for steel in India will increase by about 6.7% to 120 million tonnes in the next year. Increasing demand for steel means boosting production in various sectors of the country. Therefore, entrepreneurs and economists are welcoming the news saying that this is a welcome […]
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