News

Zoho founder Sridhar Vembu has criticized China's economic model as "fundamentally flawed" and unsustainable, arguing that its reliance on endless debt expansion to fuel its export-driven economy cannot be maintained in the long term. Vembu also expressed concerns about India's over-reliance on the IT sector, warning that it could stifle other critical industries and create an unsustainable talent imbalance.

Morbi, a small town in Gujarat, India, has become a global ceramic hub, accounting for 90% of India's ceramic production and employing around four lakh people. Despite facing challenges like falling demand and high energy costs, Morbi's resilient business community continues to drive India's reputation as a global ceramic leader.

The Indian Cabinet has approved two major ropeway projects in Uttarakhand, connecting Sonprayag to Kedarnath and Govindghat to Hemkund Sahib Ji, aiming to boost tourism and provide convenient access to these revered pilgrimage sites. These projects, part of the Parvatmala Pariyojana, will utilize advanced technology and offer eco-friendly travel options, significantly reducing travel time and enhancing the experience for pilgrims and tourists.

The Institute of Chartered Accountants of India (ICAI) is considering reviewing IndusInd Bank's books following accounting discrepancies in its derivatives portfolio, potentially leading to disciplinary action against the involved auditors. The bank's stock has plummeted by 30% since the announcement, raising concerns about governance and earnings predictability.

Truecaller's new real-time caller ID for iPhone, enabled by recent iOS 18 API changes, dramatically improves call identification accuracy and user experience while prioritizing privacy through advanced encryption and Apple's Private Relay. This update extends to VoIP calls and unlocks additional features for premium subscribers.