Business News

Business

RBI Mandates Banks to Compensate Families for Delayed Payouts of Deceased Relatives' Assets

The RBI has announced new rules effective from 2026, requiring banks to compensate families for delays in accessing deceased relatives' funds and valuables, with penalties for dela...

Business

Firefly Aerospace Soars 56% in NYSE Debut, Valuation Nears $10 Billion

Firefly Aerospace's NYSE debut saw shares surge 56%, boosting its valuation to nearly $10 billion. The company adjusts share price range upwards, signaling strong market confidence...

Business

GM to Import Cutting-Edge EV Batteries from China's CATL: A Strategic Move Amidst Sales Surge

General Motors is importing EV batteries from China's CATL as a temporary measure until it can boost domestic production with LG Energy Solution. This comes after GM reported a 115...

Business

Titan Company Soars with a 53% Profit Surge in Q1 Fueled by Jewelry and Watches Demand

Titan Company announced a 52.5% year-on-year increase in net profit to Rs 1,091 crore for the June quarter, driven by strong performances in jewelry and watches businesses despite ...

Business

Bharti Airtel's Promoter Group to Offload $1 Billion Stake in Major Telecom Shake-Up

Indian Continent Investment, a promoter of Bharti Airtel, is selling a 0.8% stake for over $1 billion, marking one of the year's largest block deals. The sale, managed by Jefferies...

Business

Dropbox Reports Q2 2025: A Slight Revenue Dip to $625.7M Amidst Rising Profits

Dropbox Inc. announced a 1.4% revenue decline to $625.7M in Q2 2025 but reported a 13.6% net income increase to $125.6M. Despite a decrease in paying users, the company remains opt...

Business

Gold Prices Soar Beyond Rs 1.02 Lakh per 10gm, Setting New Records in Indian Markets

Gold prices in India have reached a historic high, surpassing Rs 1.02 lakh per 10gm, driven by tariff wars, weak US macroeconomic data, and a depreciating rupee. Local markets in D...

Business

OpenAI Revolutionizes AI with GPT-5: A Leap Towards Expert-Level Intelligence

OpenAI introduces GPT-5, a groundbreaking AI model with expert-level intelligence, enhanced memory, and superior performance across various domains, now available in ChatGPT produc...