A newly formed advisory body, created by former U.S. President Donald Trump and led by billionaire Elon Musk, has been given the ambitious task of cutting government jobs and reducing federal spending. Musk, the world’s richest man, is spearheading this initiative, aiming to streamline operations and eliminate what he views as unnecessary taxpayer expenditures. However,…
Indian Prime Minister Narendra Modi’s first visit to Washington under Donald Trump’s second term was a business-first affair, marked by major trade and defense announcements. While it lacked the grandeur of a state visit, it delivered significant policy shifts that could shape US-India relations in the years ahead. Key Announcements and Takeaways 1. Expanding Trade…
BP’s stock soared over 6% on Monday following reports that activist hedge fund Elliott Investment Management has taken a stake in the company. The New York-based hedge fund is known for pushing strategic changes at companies it invests in, often advocating for restructuring, asset disposals, or even breakups. News of Elliott’s involvement has sparked optimism…
Business Ideas for 2025: The year 2025 is just around the corner, and the world of business is evolving faster than ever. With the rise of technology, changing consumer behaviors, and the increasing demand for sustainable and innovative solutions, there’s never been a better time to start a low-investment business. Whether you’re a budding entrepreneur…
In a recent development that has sent shockwaves through the Navajo Nation and beyond, several Navajo men and their business partner have been indicted on multiple charges. The case, which has garnered significant attention, raises critical questions about ethics, accountability, and the intersection of culture and commerce. Here’s everything you need to know about the…
DeepSeek, an emerging AI research lab from China, has rapidly gained attention in Silicon Valley after releasing its open-source AI model, DeepSeek-R1, which outperforms several industry-leading models, including OpenAI’s. The lab’s success underscores an unintended consequence of the ongoing tech cold war between the US and China—specifically, how US export controls on advanced chips have…
Suzlon Energy reported strong financial results for the third quarter (Q3) of FY25, ending December 31, 2024, marking an impressive performance across various metrics. Key Highlights: Performance by Segment: Operational and Strategic Updates: Stock Market Performance: Conclusion: Suzlon Energy’s strong performance in Q3 FY25, marked by a substantial rise in revenue, profit, and segment performance,…
The emergence of DeepSeek has become a pivotal moment for the global AI industry, introducing competition and innovation that could reshape the landscape. Here’s a breakdown of the situation: DeepSeek’s Disruption DeepSeek, founded in 2023 by Liang Wenfeng in Hangzhou, has managed to create an AI model, DeepSeek-R1, that rivals top-tier AI systems but was…
The iPhone SE has always been Apple’s budget-friendly device, appealing to those who want iOS without breaking the bank. However, the current SE feels stuck in time with its outdated design, clinging to the Home button and large bezels. This year, rumors suggest Apple is finally giving it the overhaul it desperately needs: The iPhone…
ICICI Bank has shown strong performance despite a challenging macroeconomic environment, making it an attractive option for long-term investors interested in benefiting from India’s growth story. Below is a summary of key points and outlook: Performance Overview (Q3 FY25): #Q3WithCNBCTV18 | ICICI Bank reports #Q3 earningsHere’s how the actual numbers compare with the CNBC-TV18 poll ???? Net Profit…