Thursday, Siemens said that it inaugurated its Greenfield high voltage instrument transformer factory at Waluj, Aurangabad. This state-of-the-art manufacturing facility is the ninth factory of Siemens in Maharashtra. The new facility would provide employment to about 100 people and indirect employment to about 300 people.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.