China’s exports sector experienced a significant contraction last month, recording its sharpest decline since the onset of the COVID-19 pandemic three years ago. The country’s ailing global economy and persistently weak global demand have placed mounting pressure on Chinese policymakers to implement fresh stimulus measures. The momentum of China’s post-pandemic recovery has slowed, leading analysts to downgrade their economic projections for the rest of the year, particularly as factory output faces challenges in the face of sluggish global demand.

HCL Tech surprises the industry by acquiring ASAP Group, a renowned German automotive engineering services provider for a staggering €251 million. This unexpected collaboration seeks to expand ASAPs cutting-edge automotive technologies on a global scale reinforcing HCLTechs dedication to Germany. With great enthusiasm, both companies eagerly look forward to offering top-notch solutions to the worldwide automotive sector.

Anil Agarwal, Chairman of Vedanta Group, is committed to manufacturing semiconductors in India and has lined up partners. He encourages investment in the industry, claiming that India has enormous potential.

WhatsApp has introduced a new feature called ‘phone number privacy’ for Android and iOS users, which allows customers to hide their phone numbers in community groups. The feature is now available to beta users and will be made available to a larger audience soon.

According to insiders, Carlyle Group Inc. and Trustar Capital are attempting to generate $4 billion by selling a portion of McDonald’s Corp.’s operations in Hong Kong and mainland China.

Minister of State (MoS) for Science and Technology Jitendra Singh emphasized the pivotal role played by the private sector in India’s space economy highlighting that there are now 140 Indian space tech startups operating in India, which is a significant achievement due to the country’s liberalized space policies.

Amidst its corporate insolvency predicament, Future Enterprises has received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures, and GBTL Ltd. It is worth noting that the burden of verified

Gautam Adani to enter the bidding process for Anil Ambani’s coal power plant

With regards to the latest ruling by the GST Council mandating a taxation rate of 28% on online gaming services, Nazara Technologies—a distinguished entity renowned for its expertise in both gaming and esports—confidently states that it foresees minimal impact.

The government has been notified that Taiwanese technology firm Foxconn plans to establish at least four to five semiconductor manufacturing facilities in India, according to individuals with knowledge of the issue.

Through expanded cooperation with Microsoft, KPMG aims to invest $2 billion in artificial intelligence and cloud services across its business lines internationally over the next five years, the latest effort by a Big Four accounting firm to double down on the technologies.

Global supply chains have shrunk the world by allowing us to get almost everything we want at the touch of a button. However, when it comes to things like authenticating