BENGALURU: Foxconn chairman Young Liu said in the company’s recent earnings call that India’s 1.4 billion people translates to a large potential market for mid-to-high-end products which the company’s clients are focusing on.“Hence, it is necessary for us to continue to expand assembly and component operations in India. We see that more and more suppliers […]
Liu: Foxconn’s Liu Says India Has Labour Cost Advantage | Bengaluru News Read More »
Mumbai: RBI governor Shaktikanta Das on Friday said that the central bank stands by its FY24 GDP growth forecast of 6.5% even as some international agencies, including the IMF, have projected lower growth rates. The governor said that the RBI has shared its rationale with global agencies.“The country’s GDP is expected to grow 7% in
Rbi: Das: Global Agencies Wrong On Lower India Gdp Forecasts | Mumbai News Read More »
NEW YORK: US stocks ended slightly lower on Friday, led by weaker megacap shares following their recent rally, as data showed US consumer sentiment dropped to a six-month low.The Dow was barely lower in its fifth straight day of declines, the blue-chip index’s longest losing streak in two months.Tesla Inc shares fell 2.3% after jumping
US stocks: Wall Street closes lower in risk-off mode Read More »
MUMBAI: Price of patented drugs will be halved as soon as they lose patent protection or are on the verge of going off patent in India, providing much-needed relief to patients, reports Rupali Mukherjee.The price of the drug losing patent will be slashed by 50%, and after a year, the MRP will change in tandem
Sweet medicine: Price of drug going off patent to drop 50% Read More »
