Business News

Business

India and New Zealand Kick Off Crucial Second Round of Trade Pact Negotiations to Boost Bilateral Commerce

India and New Zealand have started the second round of negotiations for a free trade agreement to boost commerce and investments, with talks ending on July 25. This follows a decad...

Business

Elon Musk Boldly Predicts Tesla Could Reach a Staggering $20 Trillion Valuation with Flawless Execution

Elon Musk predicts Tesla could hit a $20 trillion valuation with perfect execution, despite recent Q2 earnings showing a 12% revenue drop to $22.5 billion and a subsequent stock se...

Business

Meta Announces Suspension of Political Ads in EU Starting October Amid New Regulations

Meta Platforms will stop showing political ads in the EU from October due to new regulations, highlighting concerns over legal uncertainties and reduced market competition, while r...

Business

Tesla's Optimus Robot Production Lags Behind 2025 Goals, Raising Industry Eyebrows

Tesla Inc. is reportedly behind schedule in producing its Optimus humanoid robots for 2025, with only a few hundred made against a target of 5,000. Elon Musk remains optimistic abo...

Business

Morgan Stanley Shakes Up Leadership: New CEO and Key Appointments at Direct Lending Fund

Morgan Stanley Direct Lending Fund announces CEO Jeffrey Levin's resignation, with Michael Occi stepping in as the new CEO. The fund also appoints Ashwin Krishnan as CIO and Orit M...

Business

SBI Card Faces 6.4% Profit Drop in Q1FY26 Amid Rising Defaults and Provisions

SBI Cards reports a 6.4% decline in net profit for Q1FY26 due to higher impairment losses and bad debts, despite a 12% increase in total revenue. Asset quality shows marginal deter...

Business

Bank of Baroda Reports Modest 1.9% Rise in Q1 FY26 Net Profit Amidst Challenges

Bank of Baroda reports a 1.9% rise in Q1 FY26 net profit to Rs 4,541.4 crore, amidst challenges like higher provisions and a dip in net interest income. Growth in deposits and adva...

Business

Tesla Accelerates Robotaxi Launch: San Francisco to Welcome Autonomous Rides This Weekend

Tesla is gearing up to launch its robotaxi service in San Francisco this weekend, with plans to cover the Bay Area and beyond. Selected customers will get a first look at the futur...