Business News

Business

MicroStrategy Expands Bitcoin Portfolio with a $472.5 Million Purchase Amid Market Fluctuations

MicroStrategy has significantly increased its Bitcoin investment with a $472.5 million purchase, bringing its total holdings to 601,550 Bitcoin. The acquisition, funded through sha...

Business

Panasonic Energy Launches Cutting-Edge EV Battery Plant in Kansas, Promising Thousands of Jobs

Panasonic Energy's new EV battery plant in Kansas is now operational, aiming to significantly boost US production capacity to 73 GWh and create thousands of jobs, marking a pivotal...

Business

High-Stakes Negotiations: India and US Edge Closer to Historic Trade Deal Amid Tariff Tensions

A senior Indian delegation is in Washington DC to negotiate an interim trade deal with the US ahead of Donald Trump's tariff deadline. Key sectors like agriculture and automobiles ...

Business

Historic Low in Retail Inflation: June 2025 Sees CPI at 2.10%, Food Prices Drop 1.06%

June 2025 witnessed a historic low in retail inflation with CPI at 2.10%, the lowest since January 2019. Food prices contracted by 1.06%, driven by positive base effects and reduct...

Business

Ola Electric Shares Soar 20% Amid Revenue Drop and Losses: A Sign of Investor Confidence?

Ola Electric shares surged nearly 20% despite reporting a halved revenue and continued losses, signaling strong investor confidence in its operational turnaround and future prospec...

Business

R Doraiswamy Takes the Helm at LIC: A New Era Begins for India's Insurance Giant

R Doraiswamy has been appointed as the new MD & CEO of LIC, bringing over 38 years of experience. His tenure begins as LIC looks to the future under his leadership.

Business

Reliance Consumer Expands Its Empire: Campa Soft Drinks Make a Grand Entry into Nepal with Chaudhary Group

Reliance Consumer Products Ltd launches Campa Cola in Nepal, partnering with Chaudhary Group for local production and distribution, marking its entry into the Nepalese market with ...

Business

India's Bold Move: Revising SO₂ Emission Standards for Thermal Plants Sparks Debate

The Indian government defends its revision of SO₂ emission standards for thermal power plants, citing scientific studies and stakeholder consultations. Critics fear environmental i...