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Business

India's Forex Reserves Plummet to a Six-Month Low: What's Behind the Decline?

India's foreign exchange reserves have dropped to a near six-month low of $652.87 billion, influenced by RBI interventions and currency fluctuations. The rupee also hit an all-time...

Business

Massive Wealth Erosion: Equity Investors Lose Over Rs 18.43 Lakh Crore in Five-Day Market Rout

Equity investors suffer significant losses as market capitalization shrinks by Rs 18.43 lakh crore over five days. The BSE Sensex and NSE Nifty both experience substantial declines...

Business

Novo Nordisk Faces Significant Stock Drop Following Obesity Drug Trial Disappointment

Novo Nordisk's stock dropped 18% after a phase three trial for its CagriSema weight loss drug yielded results below expectations. The drug, combining semaglutide and Cagrilintide, ...

Business

Nvidia's Acquisition of Run:ai Gets Green Light from EU

The European Commission approves a merger deal between Nvidia Corporation and Run:ai Labs Ltd, stating it won't raise competition concerns. The $700 million acquisition was also pr...

Business

Nitori: Japanese Home Furnishing Giant Sets Sights on India's Market

Nitori, Japan's furniture and home furnishing brand, launches its first store in Mumbai's R City Mall, marking its entry into India's market. The move aligns with the company's glo...

Business

Simplify GST Payment Calculations with a GST Calculator

Learn how to simplify GST payment calculations using a GST calculator. Discover its benefits, how to use it, and how it supports business growth with accurate tax management.

Business

Swiss Investigation: Years of Mismanagement Led to Credit Suisse's Collapse

Swiss Parliamentary Investigation Committee attributes Credit Suisse's collapse to 'years of mismanagement.' The report details the bank's worsening financial situation in 2022, wi...

Business

Tesla Faces Massive Recall of Nearly 700,000 Vehicles in the US

Tesla Inc. has filed a recall of 694,304 of its vehicles in the United States, according to the National Highway Traffic Safety Administration (NHTSA).