Business News

Business

Fast Retailing Defies Tariff Tensions with Upward Earnings Revision for Uniqlo

Fast Retailing Co., Ltd., parent of Uniqlo, raises its earnings forecast despite global recession fears and US tariff tensions, projecting higher operating and net profits for the ...

Business

OpenAI Strikes Back: Counter-Sues Elon Musk Amidst Allegations of Control and Profit Motives

OpenAI Inc. is counter-suing Elon Musk, accusing him of bad-faith tactics and attempting to control the company for profit. The lawsuit follows years of conflict, including Musk's ...

Business

India and US Accelerate Trade Talks Following Trump's Tariff Pause: A Path to $500 Billion Deal?

India is pushing for a quicker trade agreement with the US after Trump's tariff pause, aiming for a $500 billion trade target by 2030. Indian exporters, especially in shrimp, find ...

Business

OpenAI Strikes Back: Counter-Lawsuit Against Elon Musk Over Control Dispute

OpenAI Inc. is counter-suing Elon Musk over alleged bad-faith tactics, accusing him of trying to control the company for personal gain. The legal battle highlights years of tension...

Business

Amid Trump's Tariffs, Chinese Electronics Giants Slash Prices for Indian Buyers in Panic Move

Chinese electronics manufacturers are offering up to 5% discounts to Indian companies due to Trump's 125% tariffs on Chinese goods, impacting global supply chains and potentially b...

Business

TSMC Shatters Records with a Staggering $25.5 Billion in Q1 Sales Amid Massive US Investment

TSMC reports a 41.6% surge in Q1 2025 sales to $25.5 billion, with March revenues up 46.5% year-on-year. The company also announces a $100 billion investment in the US, highlightin...

Business

TSMC Shatters Records with a Staggering $25.5 Billion in Q1 Sales Amid Global Expansion

TSMC announces a 41.6% surge in Q1 2025 sales to $25.5 billion, with March revenues up 46.5% year-on-year, alongside a $100 billion U.S. investment plan, highlighting its global ex...

Business

April 2025 Bank Holidays: A Comprehensive Guide to Mahavir Jayanti and State-wise Closures

Banks in select Indian states will close on April 10, 2025, for Mahavir Jayanti. Electronic services remain available. Check state-wise closures and other April bank holidays.