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Business

Moody's Predicts India's Fiscal Challenges Will Impact Credit Strength by 2025

Moody's Ratings forecasts that India's fiscal conditions will limit its credit strength by 2025, despite potential economic benefits from US-China tensions. The report also discuss...

Business

India Set to Leap to 4th Largest Global Economy by 2026 with Robust GDP Growth

India is projected to become the fourth largest global economy by 2026, with a GDP growth of 6.8% in FY25 and 7.7% in FY26. PHDCCI proposes tax reforms and anticipates a rate cut t...

Business

Wells Fargo Reports a Staggering 47% Surge in Q4 Net Income to $5 Billion

Wells Fargo & Co. announced a 47% surge in Q4 2024 net income to $5 billion, with stable revenue at $20.4 billion. The full-year revenue fell by 9% to $47.7 billion, but net income...

Business

JPMorgan Chase Reports a Stellar 10% Revenue Growth to $43.7 Billion in Q4 2024

JPMorgan Chase & Co. reported a 10% increase in Q4 revenue to $43.7 billion, exceeding expectations. The annual revenue rose by 11% to $180.6 billion, with net income up 18% to $58...

Business

EIB and Societe Generale Forge Historic Pact to Propel Wind Energy Investments Across Europe

The European Investment Bank and Societe Generale have agreed to a €500 million counter-guarantee to boost wind energy investments, potentially unlocking €8 billion in support. Thi...

Business

Bank of Maharashtra Reports a Stellar 36% Profit Surge in Q3, Reaching Rs 1,406 Crore

Bank of Maharashtra announced a 36% increase in Q3 net profit to Rs 1,406 crore, driven by higher interest income. The bank also reported improvements in asset quality and raised R...

Business

BlackRock Reports a Stunning 23% Revenue Jump to $5.68 Billion in Q4 2024

BlackRock Inc. announced a 23% revenue increase to $5.68 billion in Q4 2024, with a 16% rise in EPS to $10.63. The firm's net income grew by 21% to $1.67 billion, and AUM reached $...

Business

India Achieves Breakthrough with 'Bhargavastra': First-Ever Counter-Drone Micro Missiles Tested Successfully

India has successfully tested its first domestically developed micro-missile system, 'Bhargavastra', designed to counter swarm drone threats. This system demonstrates a significant...