Panasonic to Cut 10,000 Jobs in Major Overhaul

Japanese tech giant Panasonic is planning to pare troubled business lines and its work force by thousands as it aims to reorient itself for a technological era no longer dominated by its traditional electronics. In a statement on Friday, Panasonic said that it would cut about 10,000 jobs globally, primarily within the fiscal year that…

Read More

India proposes cutting tariff gap with US to less than 4% from 13% to clinch trade deal with Donald Trump: Report

Trump declared a 90-day suspension of his planned reciprocal tariffs on global trading partners last month. India-US trade deal: India has proposed reducing its tariff differential with the United States to under 4% from the current 13%, seeking exemption from President Donald Trump‘s existing and future tariff increases, two sources familiar with the negotiations between…

Read More

India-Pakistan tensions: Defence stocks surge over 5% as Operation Sindoor continues

The defence allocation in India’s budget for FY2026 is set at Rs 6.81 lakh crore. (AI image) Operation Sindoor impact on defence stocks: Defence-related stocks on Friday saw significant gains, with companies like Hindustan Aeronautics and Bharat Forge showing increases of up to 4% amid escalating tensions between India and Pakistan.Paras Defence recorded the highest…

Read More

Operation Sindoor: Can Pakistan economically afford a protracted conflict with India as tensions escalate? Here’s a reality check

India-Pakistan tensions: Experts believe that for Pakistan, the consequences of a sustained military engagement would be considerably more damaging economically compared to India. (AI image) India and Pakistan tensions are escalating and even as Indian armed forces strike hard, the question is – can Pakistan even afford a large scale conflict with India? Pakistan is…

Read More