The New Zealand government has unveiled a sweeping proposal to reduce its public sector workforce by approximately 14%, marking one of the most significant restructuring efforts in recent years. The decision is part of a broader fiscal consolidation strategy aimed at curbing rising government expenditure and improving administrative efficiency across state institutions. According to officials,...
Ride-hailing and urban mobility platform Rapido has secured $240 million in a fresh funding round, marking a significant milestone in its rapid growth journey and pushing its valuation to $3 billion. The latest investment underscores strong investor confidence in the company’s expanding role in India’s increasingly competitive mobility and logistics sector. The funding round was...
In a significant development impacting millions of consumers across the country, petrol and diesel prices have been increased by ₹3 per litre, marking a fresh rise in fuel costs just days after the government urged citizens to reduce fuel consumption and adopt austerity measures. The revised prices, implemented by state-run oil marketing companies, took effect...