Business News

Business

Tesla's Revolutionary Robotaxi Service Secures Official License in Texas

Tesla Inc. has officially secured a license for its autonomous robotaxi services in Texas, as listed on the Texas Department of Licensing and Regulation's website. The company laun...

Business

India's Electronics Sector Braces for $20-30 Billion Loss Amid US Tariffs, Semiconductors at Risk

India's electronics sector could suffer $20-30 billion in losses due to US tariffs, with semiconductors potentially next. While Apple and Samsung may be exempt, the broader impact ...

Business

New Steel Regulations Spark Concern Among Medical Device Manufacturers Over Supply Chain Disruptions

Medical device manufacturers are grappling with new steel ministry regulations requiring BIS certification for imported raw materials, sparking fears of supply chain disruptions an...

Business

SBI's Stellar Q1 Performance: A 12% Surge in Net Profit to Rs 19,160 Crore Amidst Robust Growth in Deposits and Retail Loans

State Bank of India (SBI) reports a 12% increase in Q1 net profit to Rs 19,160 crore, outperforming estimates. The bank shows significant growth in deposits and retail loans, along...

Business

Indian Exporters Face Crisis as Trump's 50% Tariffs Trigger Overnight Order Cancellations

Indian exporters faced immediate order cancellations and suspensions after US President Donald Trump announced a 50% tariff on Indian goods, threatening thousands of jobs and shaki...

Business

Gold Prices Skyrocket: Surpassing Rs 1.02 Lakh per 10 Grams – What's Driving the Surge?

Gold prices have surged to over Rs 1.02 lakh per 10 grams, driven by global economic uncertainty and risk-averse investment strategies. Silver also shows strength, with experts pre...

Business

Malaysia Airlines Sees India as Its Premier Market: A Strategic Shift Under Captain Izham bin Ismail

Malaysia Airlines Berhad, under Captain Izham bin Ismail, has designated India as its top market, focusing on expanding flights and exploring non-metro cities due to India's econom...

Business

Jefferies' Chris Wood Criticizes US Trade Policies: Calls Trump's 50% Tariff on India 'Xenophobic Autarky'

Chris Wood of Jefferies criticizes Trump's 50% tariff on India as 'xenophobic autarky', urging a collective response. The tariffs could significantly impact India's economy, with s...