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Business

Toyota Achieves Record US Sales Growth and Electrified Vehicle Surge in 2024

Toyota Motor North America reports a 3.7% increase in US sales for 2024, with electrified vehicle sales surging by 53%. The company's significant investments in electrification and...

Business

India's Export Sector Soars: Projected to Break $800 Billion Milestone Amid Global Challenges

India's export sector is projected to surpass $800 billion, marking a significant milestone despite global challenges. Commerce Minister Piyush Goyal highlights the resilience of I...

Business

Dramatic Drop in Rural Poverty to 4.86% in FY24, SBI Research Reveals

SBI research reports a significant decline in rural poverty to 4.86% in FY24, with urban poverty also decreasing. Government support programs and effective policy implementations a...

Business

UCO Bank Reports a 12% Surge in Total Business During Q3, Marking a Strong Financial Year

UCO Bank announced a 12.18% growth in total business to Rs 4.88 lakh crore for Q3 ending December 2024, with significant increases in total advances and domestic deposits, alongsid...

Business

Nippon Steel Challenges US Government in Court Over Biden's Blockade on $14.9 Billion Deal

Nippon Steel Corporation is set to sue the US government following President Biden's blockade of its $14.9 billion takeover of US Steel. The Japanese firm argues there's no credibl...

Business

Ford's Q4 2024 Sales Jump 17%, Electric Vehicle Sales Skyrocket by 38%

Ford Motor Company reports a 17% increase in Q4 2024 sales, with electric vehicle sales up by 38%. The F-Series truck leads with a 25% sales increase, maintaining its position as A...

Business

Rivian Surges 5.5% After Exceeding Q4 Delivery Expectations

Rivian Automotive Inc. announced it delivered 14,183 vehicles in Q4 2024, exceeding expectations. The company also resolved previous component shortages, with stock surging 5.58% p...

Business

President Biden Blocks Nippon Steel's $14.9 Billion Acquisition of US Steel

President Biden has blocked Nippon Steel's $14.9 billion acquisition of US Steel, citing national security and supply chain risks. The decision underscores the importance of keepin...