Business News

Business

Kerala's Green Revolution: KIIFB's Multi-Sector Projects Spearheading Unprecedented Development

Kerala is undergoing a transformation with KIIFB-funded projects addressing human-wildlife conflicts, infrastructure development, and conservation. Initiatives include solar fencin...

Business

World Bank Revises India's Economic Growth Down to 6.3% for FY26 Amid Global Challenges

The World Bank has revised India's GDP growth forecast for FY2025-26 down to 6.3%, citing global economic headwinds and domestic policy uncertainties. The report also highlights ad...

Business

Philip Morris International Surges with a 24.6% EPS Increase in Q1, Outperforming Market Expectations

Philip Morris International Inc. reports a strong Q1 with a 5.8% increase in net revenue to $9.3 billion and a 24.6% jump in EPS to $1.72. CEO Jacek Olczak expresses confidence in ...

Business

GE Vernova Surges with an 11% Revenue Jump to $8B in Q1, Beating Forecasts

GE Vernova Inc. reports an 11% revenue increase to $8B in Q1 2025, with net income turning around to $264M. Orders grew by 8% to $10.2B, and the company reaffirms its 2025 revenue ...

Business

AT&T Reports Strong Q1 Growth: Revenue Climbs 2% to $30.6 Billion Amid Fiber and 5G Surge

AT&T Inc. reports a 2% revenue increase to $30.6 billion in Q1 2025, with net income rising to $4.7 billion. CEO John Stankey highlights the success of AT&T Fiber and 5G wireless, ...

Business

Volvo Faces 7% Sales Drop in Q1 2025 Amid Rising Global Tariff Uncertainties

Volvo Group's Q1 2025 sales fell by 7% due to global tariff uncertainties, with auto sales dropping 9%. Despite challenges, the company secured a 10.9% operating margin, showcasing...

Business

Volkswagen Announces Strategic Production Adjustments in China Amid Fierce Competition

Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense competition, following a similar strategy to Germany's restructuring. The company also in...

Business

Nissan Announces $1.4 Billion Investment in China to Revitalize Market Presence with New Models

Nissan plans a $1.4 billion investment in China by 2026 to boost sales and market share, introducing ten new models including its first plug-in hybrid, as announced by CFO Stephen ...