Business News

Business

P&G Reports Slight Dip in Q3 Sales to $19.8B Amid Market Adjustments

Procter & Gamble reports a 2% decrease in Q3 net sales to $19.8B, with net earnings holding steady at $3.8B. The company adjusts its near-term outlook but remains optimistic about ...

Business

Exploring India's Reverse Flipping Wave: Why Startups Are Coming Home

Indian startups like Flipkart, PhonePe, and Groww are leading a reverse flipping trend, moving their holding companies back to India. Regulatory reforms and a favorable business en...

Business

Norway's Sovereign Wealth Fund Faces $40B Q1 Loss Amid Tech Sector Turmoil

Norway's sovereign wealth fund reports a $40 billion loss in Q1 2025, with equities, especially in the tech sector, driving the downturn. The fund's composition and CEO's comments ...

Business

Nokia Considers US Manufacturing Expansion to Counter Tariff Challenges Under New CEO

Nokia, under new CEO Justin Hotard, is considering expanding US manufacturing to combat tariff impacts, with the US market being crucial for its technology. The company reported a ...

Business

Adobe Unveils Revolutionary AI Image Generation Models for Firefly App, Coming Soon to Mobile

Adobe announces new AI image generation models for its Firefly app, including Firefly Image Model 4 and Ultra, with plans for mobile availability. The app will also feature models ...

Business

Trump's Tariffs Threaten India's GDP Growth: Finance Secretary Warns of 0.2-0.5% Decline

Finance Secretary Ajay Seth warns that Trump's tariffs could reduce India's GDP growth by 0.2-0.5%. Amid global trade downturns, India seeks faster growth and potential US trade de...

Business

Samsung Considers Shifting Production from Vietnam to India Amid Tariff Changes and Seeks PLI Extension

Samsung is considering shifting some production from Vietnam to India due to US tariff changes and has requested an extension of the PLI scheme to compensate for missed incentives....

Business

India's Formal Job Market Set to Break Records in FY 2024-25: Insights from EPFO Data

India's formal job market is expected to reach record highs in FY 2024-25, with EPFO data showing 13.22 million jobs added in the first 11 months. Economic recovery and digital wag...