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Business

Sebi Proposes Significant Increase in Mutual Funds' Investment Limits for REITs and InvITs

Sebi proposes increasing mutual funds' investment limits in REITs and InvITs, with equity funds allowed up to 20% and debt funds 10%. A reclassification from 'hybrid' to 'equity-re...

Business

Breaking Barriers: DGCA Proposes Opening Pilot Careers to Arts and Commerce Graduates in India

The DGCA is proposing to allow arts and commerce graduates to pursue commercial pilot training in India, removing the current requirement for physics and mathematics in class 12. T...

Business

Netflix Surpasses Expectations with a 12.5% Revenue Jump to $10.5B in Q1 2025

Netflix Inc. announced a 12.5% year-on-year revenue increase to $10.5 billion in Q1 2025, meeting analysts' expectations. The streaming giant's financial health signals strong mark...

Business

Good Friday 2025: Will NSE, BSE, and MCX Shut Down? Here's What You Need to Know

Indian stock markets, including NSE and BSE, will be closed on Good Friday, April 18, 2025, affecting all trading segments. MCX will also suspend trading in commodities. Trading re...

Business

American Express Q1 Earnings Soar: Revenue Hits $16.96B with a 7% Growth

American Express reports a 7% revenue growth in Q1 2025, reaching $16.96B, with net income up by 6% and EPS increasing by 9%. CEO Stephen Squeri credits the premium customer base f...

Business

Blackstone's Q1 Revenue Dips 10.8% Amid Market Turbulence, Yet Attracts Record $62B Inflows

Blackstone Inc. announced a 10.8% decrease in Q1 fiscal 2025 revenue to $3.28 billion, citing reduced earnings in key segments. Despite this, the firm attracted $61.64 billion in i...

Business

Netflix's Bold Strategy: Original Content and Price Hikes to Drive Q1 Growth and Beyond

Netflix anticipates Q1 earnings with a projected 12% revenue growth, driven by original content and strategic price hikes. The streaming giant aims for a $1 trillion market cap by ...

Business

Breaking: Spirit Airlines Set to Welcome Dave Davis as New CEO Amid Financial Restructuring

Spirit Airlines is expected to appoint Dave Davis as the new CEO following Ted Christie's departure. Davis, with a strong background in the airline industry, steps in as the compan...