Finance Minister Nirmala Sitharaman on October 21 said India is poised to continue its growth trajectory and is likely to become the world's third-largest economy by 2027.

India likely to be world's 3rd-largest economy by 2027: FM Nirmala Sitharaman

Qualcomm said on October 21, it is bringing technology first developed for its laptop chips to its mobile phone chips, aiming to make them more powerful for generative AI tasks as detailed in a report by Reuters.

Qualcomm revamps mobile phone chips for AI, signs Samsung and others

Boeing's recent proposal to its workers has sparked a notable increase in the company's stock prices, reflecting investor optimism. However, analysts are cautioning that the move may not be as straightforward as it appears, with concerns about potential pushback from employees according to a detailed report by Reuters.

Boeing shares rise after labour offer but analysts wary of worker pushback

As the world grapples with shifting economic dynamics, Russian President Vladimir Putin has made a significant declaration regarding the future of global economic leadership.

Putin asserts BRICS nations will spearhead global economic growth, challenging Western dominance

In a recent statement, renowned investor Ray Dalio has called for China to adopt a dual approach in its economic strategy, advocating for a combination of stimulus measures and what he terms "beautiful deleveraging.

China must pair stimulus with "beautiful deleveraging", says Ray Dalio

Bengaluru-based Prestige Estates Projects Ltd is set to make a significant mark in the Delhi-NCR real estate sector with a planned investment of approximately Rs 7,000 crore to develop a new township in Ghaziabad.

Prestige Estates to invest Rs 7,000 crore in ambitious Ghaziabad township project

Boeing and its machinists’ union have reached a new contract proposal, the union said Saturday, outlining a deal that could end a more than month-long strike that has hobbled the manufacturers’ aircraft production as detailed in a report by CNBC.

Boeing workers to vote on new proposal to potentially end strike

The US budget deficit grew to $1.833 trillion for fiscal 2024, the highest outside of the COVID era, as interest on the federal debt exceeded $1 trillion for the first time and spending grew for the Social Security retirement program, health care and the military, the Treasury Department said in a recent note, as detailed in a report by Reuters.

US budget deficit reaches $1.8 trillion in fiscal 2024, third largest in history

The rapid rise of quick commerce in India has sparked significant concern among traditional retail distributors. The All India Consumer Products Distributors Federation (AICPDF), representing over 400,000 retail distributors, has formally requested an antitrust investigation into major players in the quick commerce sector, including Swiggy's Instamart, Zomato's Blinkit, and Zepto.

Indian Retail group seeks antitrust investigation into quick commerce giants Swiggy, Blinkit, and Zepto

The European Union's (EU's) five biggest members spend 42 billion euros ($45.60 billion) annually subsidizing fossil-fuel company cars, according to a study commissioned by environmental group Transport & Environment (T&E), which called for more subsidies for EVs instead.

Leading EU countries spend $45 billion annually on fossil-fuel car subsidies

The US consumer spending showed resilience in September, signaling continued economic strength, as highlighted in a report by the Commerce Department on Thursday.

US retail sales in September rose 0.4%, an improvement after economic concerns

China's economy has reported a growth rate of 4.6 per cent for the third quarter of 2024, a figure that falls short of the government's ambitious target of approximately 5 per cent.

China's economy grows at 4.6%, falling short of ambitious targets

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Zee News Rajasthan

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