Browsing: Business

The World Bank has reaffirmed its confidence in India’s economic potential, emphasizing that the country remains a key investment destination despite minor fluctuations in its growth trajectory. Speaking at the Advantage Assam 2.0 Business Summit, World Bank Country Director Auguste

The United Kingdom’s inflation rate rose to 3% in January, surpassing analyst expectations of 2.8%, according to data released by the Office for National Statistics (ONS) on Wednesday. The increase marks a sharp rise from the previous month’s 2.5% and

Tesla Inc. has initiated hiring in India, signaling its anticipated entry into the South Asian market. The electric vehicle (EV) giant, led by Elon Musk, has listed 13 job openings spanning customer-facing and operational roles, according to a media report.

European stock markets surged to record highs on Monday, driven by strong gains in defense stocks as political leaders in the region prepared for an emergency summit on the Ukraine war. The pan-European STOXX 600 index rose by 0.4%, while

Indian Prime Minister Narendra Modi and U.S. President Donald Trump have agreed to commence negotiations on a bilateral trade agreement, marking a significant step in strengthening trade ties between the two nations. Announced during Modi’s visit to the White House

Sony has raised its full-year revenue and profit forecasts following a strong performance in the gaming sector during the December quarter. The Japanese technology giant now expects sales for fiscal year 2024 to reach 13.2 trillion yen ($85.6 billion), reflecting

Germany’s second-largest lender, Commerzbank, announced plans on Thursday to cut 3,900 full-time jobs by 2028 as part of its latest strategic overhaul. The job reductions will primarily affect positions in Germany, although the bank intends to expand staffing in selected

The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming to drive innovation across multiple sectors. The Ministry of Trade, Industry, and Energy confirmed the

As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence. The EU AI Champions Initiative, led by global investment firm General Catalyst, has called for