Business News

Business

Bill Ackman Predicts Trump Administration to Privatize Fannie Mae and Freddie Mac

Billionaire hedge fund manager Bill Ackman expects the Trump administration to privatize Fannie Mae and Freddie Mac, predicting over $300 billion in federal profits and an $8 trill...

Business

BNP Condemns Student Leaders' Controversial Stance on 1972 Constitution as Fascist

The Bangladesh Nationalist Party (BNP) has criticized student leaders for their harsh stance on the 1972 constitution, labeling it as fascist. Senior BNP members emphasized the con...

Business

Cocoa Prices Skyrocket Amidst West African Crop Concerns

Cocoa futures surged up to 14% in New York and London due to concerns over West African crop production, marking the biggest jump since May. Supply fears continue to drive the mark...

Business

India's Financial Sector Poised for a Robust 2025, Says RBI Governor Malhotra

RBI Governor Sanjay Malhotra forecasts a strong entry into 2025 for India's financial sector, citing robust earnings, low impaired assets, and solid capital buffers. Despite global...

Business

Leadership Shuffle at Adani Green: CEO Amit Singh Steps Up for a New Global Energy Role

Adani Green Energy announces a leadership transition as CEO Amit Singh moves to head the Adani Group's international energy business, with Ashish Khanna set to take over as the new...

Business

Projected Surge in NPAs by 2026: A Deep Dive into Banking Sector Stress Signals

Indian banks face a potential rise in NPAs by 2026, with RBI's stress tests indicating worsening asset quality, especially among private sector banks. The report also highlights vu...

Business

Indian Industry Leaders Advocate for Tax Reductions to Stimulate Economic Demand

Indian industry leaders are advocating for tax cuts, increased public spending, and job creation to stimulate economic demand, with a focus on supporting MSMEs and enhancing female...

Business

Revolutionizing Online Transfers: Verify Bank Account Names Before NEFT Payments

The Reserve Bank of India mandates a new feature for RTGS and NEFT users to verify bank account names before transactions, aiming to reduce errors and frauds, with a compliance dea...