Business News

Business

Boeing's Q2 Earnings Preview: A Promising Turnaround with Multibillion-Dollar Deals and Increased Production

Boeing anticipates a strong Q2 earnings report with revenue expected to jump 29.6% to $21.86 billion, thanks to multibillion-dollar deals and a significant increase in airplane del...

Business

Nayara Energy Challenges Microsoft in Court Over Unilateral System Access Blockade

Nayara Energy has filed a lawsuit against Microsoft for blocking its system access, citing corporate overreach and implications for India's energy ecosystem. The dispute arises fro...

Business

Telegram's Founder Pavel Durov Faces Intense 10-Hour Court Questioning in Paris Over Crime Links

Telegram's Pavel Durov questioned for 10 hours in Paris over charges linked to organized crime, with eased travel restrictions allowing brief stays in the UAE.

Business

Spirit Airlines Announces Major Pilot Job Cuts and Role Downgrades Amid Financial Restructuring

Spirit Airlines is cutting 270 pilot jobs and downgrading 140 captains to first officers to adjust to lower demand and stabilize financially. The move reflects broader challenges i...

Business

Swiggy and Zomato Dominate Public Market Fundraising While Zepto Leads in Private Capital: A FY25 Analysis

In FY25, India's startups saw a shift towards public market fundraising, with Swiggy and Zomato leading the charge. The RainGauge Index reports a 6.3% annual gain, highlighting a m...

Business

India's Digital Payments Surge: RBI Reports a 10.7% Growth in FY25 Index

India's digital payments index grows by 10.7% in FY25, as per RBI, highlighting significant advancements in payment infrastructure and performance, marking a leap towards financial...

Business

Breakthrough Discovery: Rare Earth Elements in Singrauli Coalfields Spark Clean Energy Hopes

Significant reserves of rare earth elements discovered in Singrauli coalfields could revolutionize clean energy and technology sectors, with extraction viability currently under st...

Business

India's Industrial Output Hits 10-Month Low at 1.5% in June, Mining and Power Sectors Lead Decline

India's industrial output growth slowed to a 10-month low of 1.5% in June 2025, with mining and electricity sectors facing significant declines. Manufacturing showed slight improve...