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Posted in Economy

India, US working towards interim trade agreement: MEA

New Delhi: India and the US are working towards an interim trade agreement, with a few issues requiring finalisation, the Ministry of External Affairs (MEA)…

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S&P 500 hits a new intraday record as US stocks rise (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

The S&P 500 is hitting record highs again. Here’s what’s driving the rally

US stocks jumped on Tuesday morning, with the S&P 500 moving to a new intraday record as investors reacted to company earnings, changing views on…

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Posted in Economy

Piyush Goyal likely to visit US for G20 trade ministers meet next month

New Delhi: Commerce and Industry Minister Piyush Goyal is expected to visit the United States at the end of September this year for the G-20…

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Posted in Economy

FISME seeks GST overhaul to ease MSME compliance

Ahead of the Goods and Services Tax (GST) completing a decade next year, the Federation of Indian Micro and Small & Medium Enterprises (FISME) has…

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Cash flow financing firm GetVantage raises Rs 63 crore in equity, debt
Posted in Startups

Cash flow financing firm GetVantage raises Rs 63 crore in equity, debt

Mumbai-based GetVantage, which offers cash-flow-based financing, has raised Rs 63 crore in a round led by former RBL Bank managing director Rajeev Ahuja and investment…

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McDonald’s stock faces pressure as US sales growth slows to 0.8% despite McValue deals. (Pexel/Representative image) (Pexel)
Posted in Business

McDonald’s stock falls as US sales slow despite McValue deals and strong quarterly profit

McDonald’s stock is under pressure as US sales growth slows. The main problem for McDonald’s is its US business. Sales at US restaurants open for…

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Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%
Posted in Startups

Nykaa reports Rs 80 crore net profit in Q1, revenue up 29%

FSN E-Commerce, parent company of the beauty and fashion brand Nykaa, reported a net profit of Rs 80 crore in the June quarter, up from…

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Posted in Economy

ICAR develops indigenous African Swine Fever vaccine, strengthening India’s biosecurity

African Swine Fever (ASF), caused by the African Swine Fever Virus (ASFV), is one of the most devastating trans-boundary animal disease affecting domestic and wild…

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SpaceX's first earnings report will face questions on AI spending, Starlink growth, computing plans, stock pressure and its ties to Tesla.  (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
Posted in Business

SpaceX earnings: Big questions investors want Elon Musk to answer on AI, Starlink, stock and Tesla

Elon Musk’s SpaceX is preparing to release its first earnings report as a publicly traded company. The report is expected after the market closes today….

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A notepad in front of Treasury Scott Bessent from a July 31 cabinet meeting at Camp David.
Posted in Business

Why Bessent Is Leaning on the Fed to Help Prop Up Japan’s Currency

A little-used Federal Reserve backstop built for the 2020 dollar shortage is being put to a use it was never designed for: bankrolling Japan’s defense…

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