1+ week, 4+ 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....

11+ mon, 2+ day ago (428+ words) India's new revenue secretary: The 1992-batch Bihar cadre IAS officer, Arunish Chawla, is now at the helm of the revenue department just a month before the government is set to present its second full budget in the third tenure of PM Narendra Modi's NDA government....

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)....

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,…...

7+ mon, 3+ week ago (336+ words) US job growth surged in March with 228,000 new jobs, outpacing forecasts despite rising trade tensions and federal job cuts under Trump's policies. The United States added 228,000 jobs in March, far exceeding expectations and defying concerns over trade tensions amid sweeping policy changes under the Trump administration.Data released by the US Bureau of Labor Statistics on Friday, April 4, showed that job creation in March was significantly higher than the 140,000 forecast by economists, and well above the 117,000 jobs added in February However, February's figure was revised downwards from an earlier estimate of 151,000.Despite the robust hiring numbers, the unemployment rate inched up slightly to 4.2%, from 4.1% in the previous month, indicating a slight softening in labour market conditions.Wage growth, a key metric for assessing inflationary pressure, came in at 3.8% year-on-year, marginally lower than the 4% recorded in February.On a month-on-month basis,…...

5+ mon, 2+ week ago (272+ words) Hyundai India is expected to tap into the global supply network of its parent, Hyundai Motor Company, to source rare earth magnets, sources told CNBC-TV18, as concerns grow over potential supply curbs. The company is closely monitoring the situation but does not anticipate any immediate production cuts in the near term, the sources said. Despite the evolving scenario around rare earth magnet availability, Hyundai India does not expect any disruption in its electric vehicle (EV) manufacturing. The company is reportedly well-stocked with sufficient inventory to meet its requirements for the remainder of the year. This comes amid the growing global uncertainty over the availability of rare earth magnets. Also Read: "Semiconductor crisis on steroids: Rare earth shortage puts auto sector on edge Indias automobile industry is bracing for potential challenges triggered by a deepening supply crunch in rare earth magnets'a…...

4+ mon, 3+ week ago (313+ words) India's young demographic, deep talent pool, and innovation edge make it a prime choice for global businesses, says Christian Sewing. India is emerging as a top destination for global companies looking to reorganise their supply chains, according to Christian Sewing, CEO of Deutsche Bank AG.In an exclusive interview with CNBC-TV18, Sewing said, "A lot of global clients, a lot of multinationals, but also family-owned companies are in the process of reorganising their supply chains and production chains, and India is always top of the list.The German banking giant is doubling down on its presence in India, where it has operated for 45 years Deutsche Bank now employs 23,000 people in the country and has recently infused $800 million in capital to support growth "We want to grow, and our clients want to grow It's a very positive story, Sewing said.India's…...

5+ mon, 5+ day ago (343+ words) Experts say fears over Strait of Hormuz closure and Gulf economic fallout pushed Iran and Israel toward truce. The fragile ceasefire between Israel and Iran was largely shaped by economic concerns, according to experts speaking to CNBC-TV18.Zahack Tanvir, Middle East expert and founder of The Milli Chronicle, said that a major reason both sides agreed to the truce was fear over the fallout of a potential closure of the Strait of Hormuz "If Iran tries to close the Strait of Hormuz, it would be hitting its own economy," he noted, adding that key Gulf nations like Saudi Arabia and the UAE were deeply worried about economic disruption.Former Indian diplomat Deepak Bhojwani said that while the ceasefire appears to be holding for now, its longevity is uncertain "Unless Israel is determined to go rogue on President Trump, I think…...

7+ mon, 1+ week ago (245+ words) The RBI noted that with the right policy support, India can turn global volatility into an opportunity, reinforcing its standing in the evolving global economic framework. India stands to gain from the ongoing global supply chain realignments, the diversification of foreign direct investment sources, and increasing engagement with international investors seeking stability and scale, according to the Reserve Bank of India's April bulletin The country's established trade linkages further strengthen its position, the report added.In addition, India's robust performance in services exports and remittance inflows continues to act as a crucial buffer for its current account, as highlighted in the 'State of the Economy' article within the bulletin.The RBI noted that with the right policy support, India can turn global volatility into an opportunity, reinforcing its standing in the evolving global economic framework.While escalating trade tensions and…...

4+ mon, 3+ week ago (660+ words) In his address at a session on multilateralism, financial matters and artificial intelligence on Sunday, July 6, Modi also called for creation of global standards for use of AI to maintain transparency and prevent misuse....