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Business

UK-India Trade Deal: Duty Cuts Benefit Businesses More Than Consumers, Experts Say

The UK-India trade deal's duty cuts may not lower consumer prices as much as expected, with businesses likely to benefit more due to the complex cost structure and lack of mechanis...

Business

Exploring the 8th Pay Commission: The Role of Fitment Factor in Shaping Central Government Employees' Salary Adjustments

The 8th Pay Commission's fitment factor is key to determining salary hikes for central government employees, impacting basic pay and linked allowances. Stakeholder consultations ar...

Business

India-UK Trade Deal Cuts Import Duties on Luxury Cars, Delays EV Liberalization to Protect Domestic Market

India's trade deal with the UK significantly reduces import duties on luxury cars but excludes electric vehicles to protect domestic manufacturers. The agreement introduces quotas ...

Business

Elon Musk's xAI Teams Up with Kalshi to Revolutionize Prediction Markets with Grok AI

xAI Corp., led by Elon Musk, partners with Kalshi Inc. to introduce Grok AI into prediction markets, marking a significant leap forward in financial technology and AI integration.

Business

US Approves $4.67 Billion Missile Sale to Egypt to Bolster Air Defense Amid Regional Stability Efforts

The US State Department has approved a $4.67 billion arms deal with Egypt, including missile systems and radar, to strengthen air defenses and support regional stability, managed b...

Business

Apple Introduces iOS 26 Public Beta: A Revolutionary Liquid Glass Interface Awaits

Apple Inc. has launched the public beta of iOS 26, featuring the revolutionary Liquid Glass interface. This update, the most significant since iOS 7, offers a translucent, animated...

Business

Intel Nears Completion of 15% Workforce Reduction, Aims for $17 Billion Savings by 2025

Intel Corporation is close to finalizing a 15% workforce cut, aiming for significant cost savings by 2025. The restructuring incurred $1.9 billion in Q2 charges, with the employee ...

Business

Intel Surpasses Q2 Revenue Expectations with $12.9B Amid Strategic Shifts

Intel Corporation reported a steady Q2 revenue of $12.9 billion, exceeding analysts' estimates but with a significant loss per share. The company forecasts a revenue range of $12.6...