Business News

Business

India's Economy to Expand by 6.7% Next Fiscal Year, RBI Forecasts

The Reserve Bank of India forecasts a 6.7% economic growth for FY26, with inflation expected to average 4.2%. Governor Sanjay Malhotra cites improving employment, tax relief, and r...

Business

China Launches Groundbreaking Pilot Program for Insurers to Diversify into Gold Investments

China introduces a pilot program allowing insurance funds to invest in gold, aiming to diversify investment portfolios and improve asset-liability management. The NFRA will closely...

Business

Meta and UNESCO Join Forces to Revolutionize AI Translation for Underserved Languages

Meta Platforms Inc. collaborates with UNESCO to develop advanced AI for translating underserved languages, seeking global contributions for its Language Technology Partner Program ...

Business

Elon Musk's X Corporation Under Scrutiny in Paris for Alleged Algorithm Manipulation

Paris authorities are investigating Elon Musk's X Corporation for alleged algorithmic distortions that may have affected data processing systems, following a report by a French law...

Business

Amazon Faces Legal Setback: Court Rules in Favor of Nokia in Patent Infringement Case

The Duesseldorf Regional Court has ruled that Amazon infringed on a Nokia patent related to streaming services, ordering Amazon to cease use. Nokia welcomes the decision, hoping fo...

Business

Chola Financial Holdings Reports a 6% Increase in Q3 Profit, Signaling Strong Growth

Chola Financial Holdings reports a 6% increase in Q3 profit after tax, with significant growth in consolidated income and subsidiary performance, highlighting a strong financial po...

Business

China Launches Groundbreaking Pilot Program for Insurance Funds to Invest in Gold

China's NFRA has initiated a trial program allowing insurance funds to invest in gold, aiming to diversify investment channels and improve asset management. The program will be clo...

Business

Dispute Over Ratan Tata's Will: One-Third Heir Claims Larger Share Amidst Family Silence

A dispute over Ratan Tata's will emerges as Mohini Mohan Dutta, a close associate, expects a larger share than allocated. The will divides the estate among Dutta and Tata's half-si...