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Business

Revolutionizing Banking: Government Considers 5-Day Workweek Amidst Reform Push

The government is considering a 5-day workweek for banks as part of broader reforms, denying delays are due to manpower issues. Stay informed on this and more business updates.

Business

Google Joins EU's AI Code of Practice: A Leap Towards Secure and Innovative AI Tools in Europe

Google has announced its decision to sign the EU's General Purpose AI Code of Practice, aiming to provide secure AI tools in Europe. The move could boost the economy by €1.4 trilli...

Business

Kraft Heinz Faces a Staggering $7.8 Billion Net Loss Amid Sales Decline in Q2

Kraft Heinz Co. reports a 1.9% decline in Q2 net sales to $6.4 billion and a net loss of $7.8 billion, attributed to $9.3 billion in non-cash impairment losses. Despite the loss, t...

Business

IndiGo's Q1 Profits Plummet 20% Amidst Aviation Sector Challenges

IndiGo reports a 20% drop in Q1 profits due to travel disruptions from the India-Pakistan war and airport closures, yet passenger numbers grow by 11.6%. CEO remains optimistic abou...

Business

Trump's Trade War Escalates: India Faces 25% Tariff Amid Global Economic Tensions

US President Donald Trump's trade war escalates as India faces a 25% tariff, marking a significant moment in global economic tensions. The article outlines the evolution of Trump's...

Business

Amazon Secures Multi-Million Dollar AI Deal with NYT for Content Licensing

Amazon.com Inc. has struck a multi-million dollar deal with The New York Times, paying between $20M and $25M annually to license NYT's content for AI model training, following NYT'...

Business

Mark Zuckerberg Unveils Meta's Vision for Personal Superintelligence: A Future Within Reach

Meta CEO Mark Zuckerberg announces significant progress towards artificial superintelligence, emphasizing a vision that empowers individuals. He also calls for addressing safety co...

Business

Trump Announces 25% Tariff on India Amid Frustration Over Trade Talks, Plans Additional Penalties for Russia Trade

US President Donald Trump has imposed a 25% tariff on India due to stalled trade talks, with additional penalties for India's trade with Russia. India assesses the impact, prioriti...