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Business

Government Aims to Meet Fiscal Deficit Target Through Strategic Spending Cuts

The Indian government plans to meet its fiscal deficit target of 4.9% of GDP by reducing spending, despite a slight decrease in nominal GDP estimates. Strategic spending cuts and c...

Business

Banking Sector Braces for Impact: Rising Bad Loans Set to Undermine Profits by FY26

The banking sector is poised for a profitability decline by FY26 due to rising bad loans and higher credit costs, with unsecured retail loans identified as a major risk factor, acc...

Business

Tata Motors' Punch Overtakes Maruti Swift as India's Best-Selling Car in 2024

Tata Motors' Punch has emerged as India's best-selling car in 2024, surpassing Maruti's Swift, highlighting a shift in consumer preference towards SUVs. The Punch's success is attr...

Business

Surge in Trucking Business Ahead of Maha Kumbh Mela: A Golden Opportunity for Transporters

Transporters are witnessing a significant surge in business, with up to 40% increase in trucking activity due to the Maha Kumbh Mela. Truck rentals have soared, especially on the D...

Business

Meta's New Fact-Checking Policy in Brazil Sparks Debate Over Trump's Influence

Brazil's Secretary of Digital Policies criticizes Meta's new fact-checking policy, suggesting it aligns with Trump's agenda and threatens digital rights. Concerns over reduced cont...

Business

Anthropic Aims for a $60B Valuation with a $2B Funding Round

AI startup Anthropic PBC is in talks to secure $2 billion in funding, aiming for a $60 billion valuation. Led by Lightspeed Venture Partners, this move could place Anthropic among ...

Business

Finance Ministry Welcomes SBI Chairman C S Setty and Uday Kotak to NIIF Trustee's Governing Council

The Finance Ministry has appointed SBI Chairman C S Setty and Uday Kotak to the NIIF Trustee's Governing Council, aiming to enhance infrastructure financing and investment strategi...

Business

Blackstone Ventures into Accounting Sector with a $2 Billion Citrin Cooperman Deal

Blackstone is making its first investment in the accounting sector by leading a $2 billion deal to acquire a majority stake in Citrin Cooperman, valuing the firm at over $2 billion...