Business News

Business

Canara Bank Withdraws Fraudulent Classification of Anil Ambani's Loan Account, Court Disposes Petition

Canara Bank withdrew its order classifying Anil Ambani's loan account as 'fraudulent', leading the Bombay High Court to dispose of Ambani's petition. The case highlights legal and ...

Business

BCG Report Reveals: Low Interest Rates Alone Can't Fuel Credit Growth in India

A BCG report highlights that low interest rates alone don't drive credit growth in India, emphasizing the importance of borrower sentiment and lender confidence. It also points out...

Business

Amazon Plans Multibillion-Dollar Investment in Anthropic to Strengthen AI Market Position

Amazon is considering a multibillion-dollar investment in AI company Anthropic to enhance its position in the artificial intelligence market, aiming to compete with Google and Micr...

Business

China's Auto Industry Booms: H1 2025 Sales Surge 11.4% to Over 15.6 Million Units

In the first half of 2025, China's auto sales surged by 11.4% to over 15.6 million units, with new energy vehicles making up 44.3% of total sales, marking a significant shift towar...

Business

Elon Musk's xAI Unveils Grok 4: A Chatbot Claimed to Outsmart All Graduate Students

Elon Musk's xAI introduces Grok 4, a chatbot claimed to be smarter than all graduate students and PhDs across all subjects, with the potential to discover new technologies by next ...

Business

TSMC Reports a Staggering 26.9% Annual Sales Growth in June, Reaching $9 Billion

TSMC announces a 26.9% annual increase in June 2025 net revenue to $9.02 billion, with a 40% surge in gross sales for the first half of the year compared to last year. The company'...

Business

Ford Issues Massive Recall of Over 850,000 Vehicles Due to Critical Fuel Pump Fault

Ford Motor Company recalls over 850,000 vehicles in the US due to a fuel pump issue that may cause engine stalling. Affected owners will be notified by July 14, with a remedy curre...

Business

Cindy Rose Steps into Leadership at WPP: A New Era for Advertising and PR Giant

WPP PLC appoints Cindy Rose, former Microsoft executive, as new CEO, signaling a strong focus on digital transformation and AI in advertising and PR. Rose's leadership is expected ...