Business News

Business

India Surpasses Global Peers to Become Second-Largest Gold Buyer in 2024, Trailing Only Poland

In 2024, global central banks increased their gold reserves, with India becoming the second-largest buyer after Poland. This trend underscores the growing preference for gold as a ...

Business

Stock Market Plunge: Investors Lose Over Rs 10 Lakh Crore as Indices End in Red

Investors faced a massive loss of Rs 10.98 lakh crore as the stock market tumbled due to concerns over third-quarter results and foreign fund withdrawals, with significant declines...

Business

Disney and FuboTV Join Forces: A New Era for Live Streaming Services

Disney and FuboTV have announced a merger to combine Hulu + Live TV with Fubo, creating a new virtual MVPD company. Disney will become the majority owner, with a 70% stake, and the...

Business

Revolutionizing Retail: How Quick Commerce is Transforming the FMCG Landscape in India

Quick commerce is revolutionizing the FMCG sector in India by offering rapid delivery services, significantly impacting e-commerce revenue and challenging traditional retail models...

Business

Rane and ZF Forge Ahead: Expanding Partnership with New Steering Technologies

Rane and ZF Group announce the expansion of their partnership, introducing innovative rack drive electric power steering system technologies and a licence agreement for column driv...

Business

India's Services Sector Hits Four-Month Growth Peak Amid Rising Demand and Lower Inflation

India's services sector reached a four-month high in December, driven by strong demand and lower inflation. The HSBC India Services Business Activity Index rose to 59.3, indicating...

Business

Trump Claims Tariffs Will Revitalize US Steel, Making It More Profitable and Valuable

President-elect Donald Trump believes his proposed tariffs will boost US Steel's profitability and value, countering President Biden's blockage of a Nippon Steel acquisition. Trump...

Business

Breaking New Ground: Lisa McGeough Named as HSBC's US CEO, Pioneering Leadership in Banking

HSBC appoints Lisa McGeough as the first female CEO in over a decade for its US operations, aiming to expand Corporate and Institutional Banking in North America and strengthen glo...