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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...

Business

PepsiCo Eyes Stake in India's Snack Giant Haldiram: A Strategic Move in the Ethnic Food Market

PepsiCo is in talks to acquire a stake in Haldiram Snacks, India's premier ethnic snacks manufacturer, aiming to strengthen its position in the competitive Indian market. Discussio...