India All Set To Become New Growth Engine, Not China: S&P
Asia has been going through some significant changes in the last few years; one of the major changes happening is the shifting of the global manufacturing hub from China to India. Many companies, including giants like Apple and Tesla, are also looking to establish manufacturing units in India. Apple has even started pumping out its…
Abdullah Ansari
US Chips Act Threatens To Dismantle Asian Chip Industry
In this day and age, technology is at the forefront of things. In order to keep manufacturing new tech, we need more semiconductor chips which are made by Asian countries. Now, the US has passed a bill to promote semiconductor manufacturing in America. Today, 70% of semiconductors manufactured globally are from Asia. The US plans…
Chandan Kumar
Citigroup Cuts 300 Manager Roles To Reorganise The Firm
The third-largest American bank and one of the biggest banking firms in the world, Citigroup has announced that they will be cutting off 300 manager roles in an attempt to reorganise the firm. Around 10% of the workforce from total managerial roles within the firm will lose their position. A statement published by the bank…
Indonesia Lays Out Its Investment Plans For G7 Funding
In a step towards reducing its carbon emissions, Indonesia is all set to take the G7 investment deal. Indonesia aims to reduce its energy carbon emissions to 250 million tonnes and increase its share of renewable energy to 44% by 2030. This is a part of the G7 deal, JETP (Just Energy Transition Partnership). G7,…
Yash Sharma- 1
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