GDP grew at a 2.3% pace in the fourth quarter, less than expected
GDP was expected to grow at a seasonally adjusted 2.5% annualized pace in the fourth quarter of 2025.
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Infosys layoffs: Company cites this clause in contract; says all freshers get …
Infosys terminated around 400 trainees at its Mysore campus after they failed to clear mandatory internal assessments. The company stated that the process, mentioned in contracts, allows three attempts to pass. Critics argue that recent changes in evaluation criteria have drastically impacted trainees.
Donald Trump’s tariff hike: Elon Musk sees price of this drug rising sharply
Former President Trump proposed tariffs on imports from China, Mexico, and Canada to combat drug trafficking, particularly fentanyl. Tesla CEO Elon Musk, now part of the Trump administration, commented that fentanyl prices would rise. Trump cited unsuccessful talks with China regarding fentanyl flowing into the US, primarily through Mexico.
CEOs for climate action alliance cut emissions while boosting revenues: WEF
A coalition of 131 CEOs from different countries, including India, managed to cut their companies’ emissions by 10% while increasing revenues by 18% from 2019 to 2022. This was reported by the World Economic Forum during the UN General Assembly in New York, showcasing that economic growth and climate action can be compatible.
Apple CEO on future iPhone models: ‘There’s a lot more to come’
Apple CEO Tim Cook expressed optimism about future iPhone innovations during a recent earnings call. Reports suggest that Apple is working on an ultra-thin iPhone 17 ‘Air’ model, which could feature a 6.6-inch display, a lower-powered chip, and a single-lens camera, aiming for a more affordable yet sleek design.
