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Volkswagen is embarking on one of the biggest transformations in its history, combining around 100,000 cumulative workforce reductions with a sharply smaller model portfolio as it battles rising competition, excess capacity and weak profitability.

West Bengal is under significant fiscal pressure, with a large debt stock, rising interest costs and substantial welfare commitments. But while Chief Minister Suvendu Adhikari has described the state as “practically bankrupt”, its budget figures do not indicate literal bankruptcy.