The Federal Reserve cut the federal funds rate by 25 basis points to 4.50%-4.75%, while Donald Trump's presidential election win may lead to higher interest rates, inflation, and global uncertainty, but also presents opportunities for India to expand local manufacturing and strengthen its strategic positioning.
Open FlipHyundai Motor Co. named Jose Munoz as chief executive officer, making him the first foreigner to lead the South Korean automaker as it seeks to grow outside its home country. Munoz, 59, joined Hyundai in 2019 as global chief operating officer, taking responsibility for the carmaker’s north and south American operations.
Open FlipIndia's senior living housing sector is expected to skyrocket over 300 percent by 2030 to $7.7 billion (Rs 64,500 crore), according to a joint report by real estate consultancy JLL and Association of Senior Living India (ASLI).India houses the world's second-largest senior population, which is expected to more than double from 156.7 million in 2024 to 346 million by 2050.
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