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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...

Business

Saudi Aramco Ventures into Lithium Production to Broaden Economic Horizons Beyond Oil

Saudi Aramco is investing in lithium production as part of Saudi Arabia's strategy to diversify its economy beyond oil. The kingdom plans to establish lithium processing facilities...

Business

Union Budget 2025: A Call for Fair Surcharge Rates on Salaried Individuals

As the Union Budget 2025 approaches, Assocham advocates for rationalizing surcharge rates on salaried individuals to ensure fairness with professionals, proposing a 50% increase in...