23+ hour, 25+ min ago (145+ words) Amid such changing geopolitical scenario, he said India has been actively pursuing self-reliance to become a manufacturing base for industries.India has been making exponential advancements in infrastructure as well as in latest scientific developments," he added. He also told the gathering that the rest of the world has been "hedging against all contingencies" to deal with uncertainties in the world today. India, which is in talks with the US to finalise Bilateral Trade Agreement (BTA), continues to bear the brunt of prevailing uncertainties global trade and geopolitics under the Trump administration." Exporters from India to the US are especially hurt by a steep tariff of 50% that came into effect on August 27. This includes 25% penalty on India for purchasing Russian oil and defence products." Also Read: Defence Secy Rajesh Singh says Indian firms not the only ones missing deadlines"...

2+ day, 21+ hour ago (857+ words) With India holding one of the world's largest neodymium oxide feedstocks, Singh says coordinated efforts between India, Japan, Australia, and the US could reshape global rare earth dependencies and create a strategic alternative to China's dominance....

1+ week, 5+ day ago (72+ words) As a part of the five-year-agreement, TCS is expected to deploy a host of cloud and AI-enabled solutions to modernise NHS Supply Chain's IT systems and enhance overall operational efficiency. TCS to transform healthcare delivery for NHS Supply Chain Tata Consultancy Services secures a five-year deal to modernise NHS core systems and supply chain with cloud and AI, aiming to boost efficiency across the UK healthcare network....

2+ week, 1+ day ago (281+ words) With supply chain woes continuing to impact aircraft deliveries, IATA chief Willie Walsh on Saturday said airlines need to be properly rewarded as he flagged concerns about talks of original equipment manufacturers planning to increase prices due to tariffs and other issues. With supply chain woes continuing to impact aircraft deliveries, IATA chief Willie Walsh on Saturday said airlines need to be properly rewarded as he flagged concerns about talks of original equipment manufacturers planning to increase prices due to tariffs and other issues.The International Airport Transport Association represents nearly 350 airlines that account for around 85 per cent of the global air traffic.Speaking at the 69th Assembly of Presidents of the Association of Asia Pacific Airlines here, IATA Director General Willie Walsh said there was huge frustration that the supply chain issues are not getting much better.Also read | Thanksgiving…...

3+ week, 3+ day ago (401+ words) The ADP report is one of the few monthly snapshots of the labour market, as the longest government shutdown in US history delays the releases of official economic data. While helping to temper concerns of a faster deterioration in job market, the modest payrolls increase last month is consistent with a general softening in labour demand....

1+ mon, 1+ day ago (407+ words) Lenskart CEO Peyush Bansal and CFO Abhishek Gupta outline the company's growth strategy post-IPO " focusing on store expansion, domestic manufacturing, smart eyewear, and global brand-building to make vision accessible to a billion people. SoftBank-backed eyewear retailer Lenskart conducted 16 million eye tests in FY25, up from 6 million in FY23, and aims to scale this number to 100 million annually.Peyush Bansal, Chairman, Managing Director & CEO of Lenskart, believes India's eyewear market is still in its early stages of growth, driven by rising vision problems "Almost seven out of ten adults need glasses, and this number has been growing," he said.Lenskart is gearing up for its "7,278 crore IPO, priced between "382 and "402 per share, valuing the company at around "69,500 crore.Abhishek Gupta, CFO of Lenskart added that the Indian eyewear market is growing at about 13% annually, while Lenskart has consistently grown nearly 2x the industry average…...

1+ mon, 2+ week ago (246+ words) According to IATA's report released with consulting firm Oliver Wyman, postponements in aircraft deliveries and engine repairs are compelling airlines to operate older, less fuel-efficient planes. This could lead to $4.2 billion in additional fuel expenses in the coming year. The report also estimates that airlines will spend $3.1 billion more on maintenance, as ageing fleets require more costly and frequent repairs. Furthermore, engine leasing costs are expected to rise by $2.6 billion, with engines spending longer periods in maintenance. Airlines are also facing $1.4 billion in higher spare parts inventory costs, as they stock up to manage unpredictable delays. Aircraft lease rates have surged by 2030% since 2019, which has added to the financial burden. The industry's global order backlog has crossed 17,000 aircraft, and deliveries remain well below pre-pandemic levels. In 2024, only about 1,250 new aircraft were delivered worldwide, as per the study. These issues have…...

1+ mon, 2+ week ago (93+ words) The trio were honoured "for having explained innovation-driven economic growth," the Academy said in a statement announcing the award. Nobel Economics Prize 2025: Mokyr, Aghion and Howitt awarded for work on innovation-led growth The trio were honoured "for having explained innovation-driven economic growth," the Academy said in a statement announcing the award. The prize, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, is the final Nobel to be awarded this year and carries a cash award of 11 million Swedish crowns ($1.2 million)....

1+ mon, 3+ week ago (486+ words) Nobel Prize winners for 2025 will be announced next week, honoring achievements in medicine, physics, chemistry, literature, economics and peace....

2+ mon, 1+ day ago (156+ words) A single cyber incident at Jaguar Land Rover spiraled into weeks of production halts, supplier distress, and a "1.5 billion UK government rescue " and it holds hard lessons for every industrial enterprise. The New Reality: A Cyber Incident Becomes a National Concern What latest reports tell us 5. "1.5 billion government-backed loan guarantee 6. Financial exposure and market reaction Market watchers now estimate the total cost to JLR (and its parent Tata Motors) could approach "2 billion, especially if the production halt extends further. Tata Motors shares dropped ~3.4% after the disclosure of losses. Some analysts warn the impact could exceed earnings for the year if the disruption is prolonged. 7. Revised attack pattern and hypotheses An updated investigation by Singapore-headquartered CYFIRMA (an an external threat landscape management company), offers deeper insight and key claims include: What this means for other organisations Given what we now know,…...