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Business

Dramatic Drop in Rural Poverty to 4.86% in FY24, SBI Research Reveals

SBI research reports a significant decline in rural poverty to 4.86% in FY24, with urban poverty also decreasing. Government support programs and effective policy implementations a...

Business

UCO Bank Reports a 12% Surge in Total Business During Q3, Marking a Strong Financial Year

UCO Bank announced a 12.18% growth in total business to Rs 4.88 lakh crore for Q3 ending December 2024, with significant increases in total advances and domestic deposits, alongsid...

Business

Nippon Steel Challenges US Government in Court Over Biden's Blockade on $14.9 Billion Deal

Nippon Steel Corporation is set to sue the US government following President Biden's blockade of its $14.9 billion takeover of US Steel. The Japanese firm argues there's no credibl...

Business

Ford's Q4 2024 Sales Jump 17%, Electric Vehicle Sales Skyrocket by 38%

Ford Motor Company reports a 17% increase in Q4 2024 sales, with electric vehicle sales up by 38%. The F-Series truck leads with a 25% sales increase, maintaining its position as A...

Business

Rivian Surges 5.5% After Exceeding Q4 Delivery Expectations

Rivian Automotive Inc. announced it delivered 14,183 vehicles in Q4 2024, exceeding expectations. The company also resolved previous component shortages, with stock surging 5.58% p...

Business

President Biden Blocks Nippon Steel's $14.9 Billion Acquisition of US Steel

President Biden has blocked Nippon Steel's $14.9 billion acquisition of US Steel, citing national security and supply chain risks. The decision underscores the importance of keepin...

Business

India's Forex Reserves Witness a Sharp Decline: A $4.11 Billion Drop to $640.27 Billion

India's foreign exchange reserves have decreased by $4.112 billion to $640.279 billion, as reported by the Reserve Bank of India. This decline is part of a consistent decrease in r...

Business

Tata Elxsi and Qualcomm Technologies Forge Ahead: A Revolutionary Collaboration in Automotive Software Development

Tata Elxsi and Qualcomm Technologies Inc. are collaborating to revolutionize automotive software development through virtual models of Snapdragon Digital Chassis solutions, aiming ...