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Business

Goldman Sachs Adjusts IT Stocks Outlook Amid US Economic Challenges: What Investors Need to Know

Goldman Sachs reduces price targets on Indian IT stocks by 3% to 32% due to US macroeconomic uncertainty, impacting major players like LTIMindtree and TCS differently.

Business

German Chemical Giant to Inject $1.5 Billion into India, Marking a New Era of FDI Growth

A German chemical company is planning a $1.5 billion investment in India, with land already identified for the project. This significant FDI boost highlights India's growing appeal...

Business

Luxury Industry at a Crossroads: Embracing Climate-Friendly Practices for a Sustainable Future

The luxury goods sector faces a pivotal moment as industry leaders call for sustainable practices to address climate change. Experts stress the importance of environmental responsi...

Business

Interest Rates on Small Savings Schemes Remain Unchanged for Fifth Consecutive Quarter

The Finance Ministry keeps interest rates on small savings schemes unchanged for the fifth quarter in a row, with PPF and NSC rates remaining steady. Sukanya Samriddhi scheme offer...

Business

Elon Musk's xAI Makes a Bold Move: Acquires Social Media Giant X in a Landmark Deal

Elon Musk's xAI acquires social media platform X in a landmark all-stock deal, aiming to blend AI innovation with social media's reach for smarter user experiences. The deal values...

Business

OpenAI on the Brink of Securing a Massive $40B from SoftBank, Valuation Could Skyrocket to $300B

OpenAI is set to secure $40 billion in funding led by SoftBank, potentially valuing the company at $300 billion. The deal's success depends on OpenAI's transition to a for-profit m...

Business

India's Fiscal Deficit Nears 85.8% of Revised Estimate by February, Signaling Tight Fiscal Control

India's fiscal deficit reached 85.8% of the revised estimate by February, showing improvement over the previous year due to controlled spending. Analysts remain optimistic about me...

Business

FCC Launches Investigation into Disney and ABC Over Potential DEI Discrimination Violations

The FCC is investigating Disney and ABC for potential violations of equal employment opportunity regulations related to their DEI practices. Chairman Brendan Carr raised concerns o...