Business News

Business

Why India Stands Out as a Safe Haven and Growth Leader in 2025 Amid Global Trade Uncertainties

India is highlighted as a safe haven and growth leader for 2025 by JP Morgan, thanks to falling inflation, improved liquidity, and reduced borrowing. With the highest projected GDP...

Business

Exclusive: BookMyForex Unveils Revolutionary Forex Scheme for Students Studying Abroad

BookMyForex introduces a cashback scheme for students studying abroad, offering up to Rs 7,500 on forex cards and Rs 15,000 on tuition transfers, with specific terms and a lowest-r...

Business

Revolutionizing Laser Technology: xLight Secures $40M for Groundbreaking Free Electron Lasers

xLight, a California-based laser tech company, has raised $40M in Series B funding to advance its Free Electron Laser technology, with Playground Global leading the investment. Thi...

Business

BYD Slams UK's Electric Vehicle Subsidy Plan as 'Short-Sighted and Harmful'

BYD Company Limited criticizes the UK's new EV subsidy plan for being short-sighted, excluding Chinese-made EVs due to their production methods. Stella Li, BYD's Executive VP, call...

Business

Julius Baer Reports Stellar 11% Growth in Q2 Net Profit Amid Strategic Adjustments

Julius Baer Group Ltd. reports an 11% increase in Q2 underlying net profit to 511 million Swiss francs, despite a 35% drop in IFRS net profit due to increased loan loss allowances ...

Business

Sanofi Expands Vaccine Portfolio with $1.6 Billion Acquisition of UK's Vicebio

Sanofi is set to acquire UK vaccine firm Vicebio for up to $1.6 billion, aiming to expand its respiratory virus vaccine pipeline with Vicebio's 'Molecular Clamp' technology and a p...

Business

AstraZeneca Announces Groundbreaking $50 Billion US Investment by 2030 for Drug Innovation

AstraZeneca PLC plans a $50 billion investment in the US by 2030, focusing on a new AI-driven drug manufacturing facility in Virginia and expanding R&D centers nationwide. This str...

Business

Parliamentary Panel Advocates for Penalty-Free TDS Refunds Post Deadline and Tax Exemptions for Charities

A parliamentary panel recommends penalty-free TDS refunds post-deadline and tax exemptions for charities, aiming to modernize tax laws and support non-profit organizations.