Foe, friend

Former US Secretary of State Mike Pompeo has claimed that India, which has charted an independent course on foreign policy, was forced to change its strategic posture and join the four-nation Quad due to China’s aggressive actions.

SAP to cut 3,000 jobs, explore Qualtrics stake sale

SAP (SAPG.DE) said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce, and explore the sale of its remaining stake in Qualtrics, as the Germany software company looks to cut costs and focus on its cloud business.

Wheat prices may come down by Rs 5-6/kg

 Roller Flour Millers Federation of India (RFMFI) on Thursday hailed the government’s decision to sell 30 lakh tonnes of wheat in the open market and said the move will lead to a reduction in wheat and wheat flour (atta) prices by ₹ 5-6 per kg.