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,…
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…
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…
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…
Morrisons has revealed plans to cut more than 200 positions from its Retail People Team as part of a major cost-saving initiative heading into 2025. The move aligns with growing industry trends as supermarkets grapple with mounting economic pressures. The job cuts follow recent warnings from CEO Rami Baitiéh about the “avalanche of costs” businesses…
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…
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,…
HMRC has denied accusations of intentionally providing subpar phone services to encourage taxpayers to use online resources instead. A report by the Public Accounts Committee (PAC) revealed that nearly 44,000 callers were abruptly disconnected after waiting over an hour on hold in the first 11 months of the 2023–24 financial year. This figure marks a…
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…
With the HMRC tax return deadline fast approaching, Martin Lewis, founder of MoneySavingExpert, has issued a crucial update on how savings interest and tax work for UK taxpayers. His breakdown aims to clarify confusion around who needs to pay tax on savings interest and how much. Key Takeaways from Martin Lewis’ Update How to Pay…