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Volkswagen Job Cuts: 1 Lakh Jobs to Go by 2030 in Major Cost-Cutting Plan

Volkswagen plans to cut 1 lakh jobs by 2030, halve its car models and consider shutting four German plants as part of a major cost-cutting and restructuring drive.

RBI Swap Facility May Push Forex Reserves Above $750 Billion: DBS

The RBI’s special swap windows raised $136.3 billion by end-August, potentially lifting India’s forex reserves above $750 billion and giving the central bank greater room to defend the rupee.

WhatsApp Launches Bill Payments in India via Bharat Connect Network

WhatsApp has launched bill payments in India through the Bharat Connect network, allowing users to pay electricity, gas, water, FASTag, insurance and other bills.

Rupee Surges 67 Paise to Two-Month High on Strong FCNR-B Inflows

The Indian rupee surged 67 paise to 94.30 against the US dollar, its biggest single-day gain since June, after robust FCNR-B inflows strengthened India’s external position.

Mohan Majhi to Lead Odisha’s Global Investment Outreach in UAE

Odisha CM Mohan Charan Majhi will visit the UAE from September 8 to strengthen investment partnerships, showcase opportunities and accelerate industrial growth in the state.

Tata Trusts Says Charity Commissioner Closes Complaint Over 1989 Share Transfer

Tata Trusts says the Maharashtra Charity Commissioner has closed a complaint over the 1989 transfer of 833 Tata Sons shares, finding the transaction compliant with the law.

Nirmala Sitharaman Pitches India’s Reform-Led Growth Story to US Investors

Finance Minister Nirmala Sitharaman highlights India’s 7.8% Q1 FY27 growth, economic reforms, fiscal discipline and improved investment climate at a New York business roundtable.

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