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18 stories on this page · page 271
Business

Global chip shortage squeezes smartphone market

The Memory Bottleneck SEOUL A critical global shortage of memory chips is reshaping the smartphone industry, creating a sharp divide between tech giants and their Chinese rivals. While the overall market saw a 4.1% decline in shipments during the first quarter, Samsung a

2 min read
Business

India set to become global electronics, semiconductor hub’

VISAKHAPATNAM Union Minister Ashwini Vaishnaw declared that India is set to become a premier "trusted supply chain partner" for the global electronics industry. Speaking at the groundbreaking ceremony for the Google Cloud India AI Hub, Vaishnaw emphasized that the country i

2 min read
Business

Govt orders heatwave protections for workers

NEW DELHI As temperatures soar across the country, the Ministry of Labour and Employment issued a mandatory heatwave advisory, ordering States and Union Territories to implement immediate safety measures for the nation's workforce. The directive specifically targets outdoor

2 min read
Business

OpenAI-Microsoft rewrite

WASHINGTON In a major shift for the AI industry, Microsoft and OpenAI announced a significant overhaul of their multi-billion dollar partnership. The revised deal effectively ends the exclusivity that previously tethered OpenAI’s cutting-edge models solely to Microsoft’s ec

2 min read
Business

Manufacturing hubs drive India’s bold economic push

NEW DELHI India is betting big on integrated manufacturing hubs to skyrocket its economy from $3.7 trillion to a staggering $35 trillion by 2047. According to reports, the government aims to increase manufacturing’s share of the GDP to 25 percent, up from its current level of

2 min read
Business

India’s industry hiring jumps as jobs multiply

NEW DELHI India’s Manufacturing, Engineering, and Infrastructure (MEI) sector is witnessing a massive hiring boom, recording a 6.6 percent net employment gain for the first half of the 2026–27 fiscal year. A new report reveals that roughly 70 percent of employers in these f

2 min read
Business

India unveils bold digital roadmap for 2047

NEW DELHI NITI Aayog launched a strategic roadmap titled "DPI@2047," charting a course to transform India into a developed nation through advanced Digital Public Infrastructure (DPI). Developed with Deloitte and the EkStep Foundation, the plan shifts the national focus from si

2 min read
Business

Adani Group pledges billions for India’s AI

VISAKHAPATNAM In a massive boost to the nation's digital future, the Adani Group announced a $100 billion commitment to build the infrastructure required for India’s artificial intelligence (AI) growth. Speaking at the foundation ceremony for a new Google AI Data Centre, Di

2 min read
Business

Indian airlines may cut flights after fuel hike

Domestic airlines are currently in a ‘wait-and-watch’ mode, assessing how rising fuel expenses will impact their bottom lines NEW DELHI Indian airlines are bracing for a potential reduction in flight capacity as they await the next revision of Aviation Turbine Fuel (ATF) pr

2 min read
Business

Indian energy giants strike oil in Libya

Oil India and Indian Oil have discovered significant oil and gas reserves in Libya’s Ghadames Basin. NEW DELHI The Indian government announced that a consortium of national oil companies has made a significant oil and gas discovery in Libya’s Ghadames Basin. The success

2 min read
Business

Maruti Suzuki posts record sales, dividend in FY26

New Delhi Maruti Suzuki India reported its highest-ever annual sales, revenue, and profit for FY26, marking strong growth in the automobile sector. The company announced a final dividend of Rs 140 per share, subject to shareholder approval. Total revenue rose by over 20 percen

1 min read
Business

Nuclear energy key to India’s clean future: Kakodkar

New Delhi Former BARC Director Anil Kakodkar said nuclear power will be central to India’s clean energy future. He noted that while solar and wind energy are important, their limits make nuclear energy necessary for stable power supply. Kakodkar said India must increase energy

1 min read