Business

India's middle class will drive 93% of consumption by 2036, to become the engine of next decade's growth: FM Nirmala Sitharaman

India's middle class will drive 93% of consumption by 2036, to become the engine of next decade's growth: FM Nirmala Sitharaman

New Delhi [India], July 5 (ANI): India's middle class is set to become an even bigger driver of growth, with…

July 5, 2026

Foxconn second-quarter revenue jumps 40% y/y

TAIPEI, July 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter…

July 5, 2026

AI investment in emerging markets must go beyond models to ecosystems: Report

New Delhi [India], July 5 (ANI): Artificial intelligence is moving from experimental tools to a general-purpose technology that could reshape…

July 5, 2026

Foxconn second-quarter revenue jumps, company cautions on geopolitics

TAIPEI, July 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, reported a 39.8% year-on-year rise in second-quarter…

July 5, 2026

"India has entered new semiconductors era": Ashwini Vaishnaw as CG semi OSAT plant starts commercial production in Sanand

New Delhi [India], July 5 (ANI): India has entered a "new era in semiconductors" with the commencement of commercial production…

July 5, 2026

CG Power targets 16 million chips a day, G1 qualification in 24 months as India ships first semiconductors: Executive Vice Chairman Subbiah

New Delhi [India], July 5 (ANI): India's semiconductor journey has moved from ground-breaking to shipping, with CG Power and Industrial…

July 5, 2026

AI capex cycle likely to end with market pushback, not spending cuts: Jefferies

New Delhi [India], July 5 (ANI): The AI investment cycle is most likely to end not because US hyperscalers cut…

July 5, 2026

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

July 5 (Reuters) - Uber has paused the majority of its planned food delivery expansion in Europe just months after…

July 5, 2026

Uber pauses Europe food delivery expansion as it pursues Delivery Hero deal, FT reports

July 5 (Reuters) - Uber has paused the majority of its planned food delivery expansion in Europe just months after…

July 5, 2026

IT services growth likely to stay soft in near term as clients delay discretionary spends: Equirus

New Delhi [India], July 5 (ANI): India's large IT services companies are headed for a muted first quarter, with growth…

July 5, 2026