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Business

Exploring the Impact of Trump's Tariffs: Is a US Recession on the Horizon and What Does It Mean for India?

The article examines the potential impact of Trump's tariffs on the US economy, the likelihood of a recession, and what it means for India's economy. Experts weigh in on the situat...

Business

RBI Clinches Digital Transformation Award 2025 for Groundbreaking Sarthi and Pravaah Projects

The Reserve Bank of India (RBI) has been awarded the Digital Transformation Award 2025 for its Sarthi and Pravaah initiatives, marking a significant step in modernizing its operati...

Business

Warren Buffett's Strategic Cash Reserve: Anticipating the Next Big Market Move?

Warren Buffett's recent financial maneuvers, including a significant reduction in Apple shares and a massive accumulation of cash reserves, have sparked widespread speculation. Wit...

Business

Major Safety Recall: General Motors to Call Back 90,081 Vehicles Across the US

General Motors Co. is recalling 90,081 vehicles in the US due to a safety issue identified by the NHTSA. The recall affects several Cadillac and Chevrolet models, with potential tr...

Business

Foxconn Reports a 13% Drop in Q4 Net Income to $1.4 Billion Amid Growth in Revenue

Foxconn announced a 13% drop in Q4 net income to $1.4 billion, despite a 17% increase in revenue. The company is optimistic about its AI server business, expecting over 100% growth...

Business

BMW Faces a Challenging Year: Revenue Drops by 8.4% to €142.4B in 2024

In 2024, BMW Group faced a challenging year with an 8.4% drop in revenue to €142.4 billion and a 36.9% decrease in net profit. Despite a 4% decline in automotive deliveries, BMW is...

Business

Daimler Truck Q4 2024: A 4% Revenue Dip to €14.3B Amid Market Challenges

Daimler Truck's Q4 2024 revenue fell 4% to €14.3B, with a 29% drop in adjusted EBIT to €1.1B. Despite an 11% sales decline, incoming orders rose 15%. The company forecasts an 8-10%...

Business

UniCredit Achieves Milestone with ECB's Nod for 29.9% Commerzbank Stake

UniCredit S.p.A. has received ECB approval to increase its stake in Commerzbank to 29.9%, moving closer to a direct acquisition. Further approvals and discussions with the new Germ...