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Wistron, the Taiwanese manufacturer, is planning a new electronics production unit in Telangana with a proposed investment of Rs 1,000 crore, focusing on servers, routers, and switches. This expansion follows Wistron's exit from its Karnataka iPhone facility and complements its Rs 1,450 crore laptop manufacturing unit in Bengaluru, slated to begin operations by January 2026.
Tata Consultancy Services (TCS) faces employee anxieties as a new bench policy raises fears of layoffs exceeding the announced 12,000. The policy, limiting bench time to 35 days, may disproportionately impact senior staff struggling to ...more
The US may impose a 20-25% tariff on India, as stated by Trump. Trade talks between the two countries are ongoing, following a Reuters report on US tariffs.
The IMF has revised India's economic growth forecast upward to 6.4% for both 2025 and 2026, reaffirming its position as the world's fastest-growing major economy. Globally, growth is projected at 3.0% and 3.1% for the same years, driven ...more
US President Donald Trump has announced that a trade agreement with India has not been finalized, despite previous indications that a deal was nearing completion. Trump's remarks come just two days before the August 1, 2025, reciprocal ...more
Li also said the two sides had “comprehensive and in-depth” discussions on microeconomic issues
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