Boeing is facing significant challenges as CEO Kelly Ortberg announced plans to furlough a large number of employees amid an ongoing strike by union machinists. The strike, which began last week, involves around 33,000 factory workers in the Pacific Northwest who rejected a pay raise proposal. Instead of the offered 25 percent increase over four…
In a recent visit to flood-affected areas in Hooghly and South Bengal, Chief Minister Mamata Banerjee blamed the Damodar Valley Corporation and Jharkhand for the crisis caused by excessive water releases from dams. She stated that lakhs of people are impacted, warning that more flooding could occur as water levels rise. Ten districts have been…
India is experiencing a significant drop in exports to China, with a 22.44% decline to $1 billion in August, compared to an overall export decrease of 9% to $34.7 billion. Despite this contraction, China’s dependency as India’s largest import partner remains strong, with imports rising by 15.5% year-on-year to $10.8 billion. Key export items to…