Business News

Business

Indian Rupee Plummets 60 Paise to 85.84/$, Marking Its Steepest Decline Since January

The Indian rupee recorded its sharpest single-day fall in nearly three months, closing at 85.84 against the US dollar, influenced by domestic equity selloffs and a stronger dollar ...

Business

How Trump's Tariffs Are Shaking the US Market: Big Businesses Feel the Biggest Impact

Investors are aggressively selling stocks of companies with large US market exposure due to fears of a recession and global slowdown. High US import tariffs may trigger retaliatory...

Business

Global Markets in Turmoil: Trump's Tariffs Spark Fear of Stagflation and Recession

Global markets reel as Trump's tariff announcements spark fears of stagflation and recession, with significant impacts on Indian and international stock indices. Experts weigh in o...

Business

Broadcom Unveils Massive $10 Billion Share Buyback Initiative Through 2025

Broadcom Inc. has launched a $10 billion share buyback program, approved by its board, to run until the end of 2025, showcasing its financial strength and commitment to shareholder...

Business

Levi Strauss Surpasses Expectations with a Stellar $1.5 Billion Q1 Revenue Report

Levi Strauss & Co. reported a strong start to fiscal 2025 with Q1 net revenues of $1.5 billion, up 3% year-over-year, and a net income of $140 million, reversing last year's loss. ...

Business

Microsoft Faces Backlash After Firing Employees Over Protest Against AI Military Use

Microsoft Corporation has fired employees who protested against the use of its AI products by the Israeli military during its 50th anniversary, sparking debates on corporate ethics...

Business

Government Announces Hike in LPG Prices and Excise Duties on Petrol and Diesel, Impacting Millions

The Indian government has increased LPG prices for all categories, including subsidized Ujjwala scheme refills, and raised excise duties on petrol and diesel. This adjustment aims ...

Business

Bill Ackman Advocates for a 90-Day Tariff Truce to Boost US Competitiveness

Billionaire hedge fund manager Bill Ackman proposes a 90-day delay in reciprocal tariffs to allow for private negotiations aimed at improving the competitiveness of US manufactured...