RBI to explore cross-border CBDC pilots as E-rupee circulation surges to Rs 1,016 croreJustin M. LarsonMay 29, 20250 The circulation of central bank digital currency (CBDC), or e-rupee, surged to Rs 1,016 crore by the end of March…
Ola Electric’s Q4 losses deepen as deliveries slide, revenue nearly halves | India Business NewsJustin M. LarsonMay 29, 20250 Ola Electric’s Q4 losses deepen as deliveries slide, revenue nearly halves BENGALURU: Ola Electric reported a steep deterioration in its…
US stocks rise as court ruling weakens Trump’s tariff authority; tech leads rally on Nvidia earningsJustin M. LarsonMay 29, 20250 US stock markets climbed Thursday after a federal court ruled that President Donald Trump overstepped his authority in imposing sweeping…
Texas Roadhouse, Bubba’s 33 opening new restaurants in 17 statesJustin M. LarsonMay 29, 20250 The company plans to open 30 new Texas Roadhouse and Bubba’s 33 restaurants this year.Texas Roadhouse super fans are living…
Stock futures higher after court blocks Trump’s reciprocal tariffsJustin M. LarsonMay 29, 20250 Trump defends tariff efforts when asked about ‘TACO trade’President Trump was asked about the acronym “TACO,” which stands for “Trump…
Chick-fi-A bringing Peach Milkshake back for the summer: Here’s whenJustin M. LarsonMay 29, 20250 Golden retriever delivers Chick-fil-A to her ownerEven our four-legged friends can’t say no to chicken.USA TODAY, StoryfulThe Peach Milkshake is…
Ola Electric reports Q4 loss to Rs 870 crore, eyes profitability in FY26 as gross margins improveJustin M. LarsonMay 29, 20250 Ola Electric on Thursday reported a consolidated net loss of Rs 870 crore for the fourth quarter ended March 31,…
RBI’s balance sheet grows 8.2% to Rs 76.25 lakh crore in FY25, delivers Rs 2.69 lakh crore dividend to governmentJustin M. LarsonMay 29, 20250 The Reserve Bank of India’s (RBI) balance sheet expanded by 8.20 per cent year-on-year, reaching Rs 76.25 lakh crore as…
Currency printing cost rises 25% to Rs 6,372.8 crore in FY25: RBIJustin M. LarsonMay 29, 20250 NEW DELHI: Security printing costs rose approximately 25% to Rs 6,372.8 crore in 2024-25 compared to Rs 5,101.4 crore in…
‘Bringing parity’: Adani pushes for one calculated tariff at Mumbai, Navi Mumbai airportsJustin M. LarsonMay 29, 20250 This is a representative AI image NEW DELHI: Adani Airport Holdings Ltd (AAHL) has requested the government to treat Mumbai…
‘Equipments are war-tested’: India’s defence exports set to rise after Operation Sindoor, says DRDO chiefJustin M. LarsonMay 29, 20250 New Delhi: India’s defence exports are expected to increase following Operation Sindoor, as indigenous equipment used in the operation is…
Indian economy’s size more than half of US in PPP terms; stands at $15 trillion, says NITI Aayog Vice-ChairmanJustin M. LarsonMay 29, 20250 India’s economy in PPP terms stands at $15 trillion, whilst the United States maintains $ 29 trillion. (AI image) The…
‘Resist any agreement shaped by threats…’: After US court strikes down Donald Trump’s tariffs, GTRI says India should proceed with caution on trade dealJustin M. LarsonMay 29, 20250 India and the United States are set to finalise the initial phase of the anticipated Bilateral Trade Agreement prior to…
RBI sees positive outlook for Indian economy in 2025-26 driven by consumption and capital spendingJustin M. LarsonMay 29, 20250 The Indian economy is expected to maintain a promising outlook in 2025-26, supported by several positive factors, according to the…
India poised to be ‘primary engine’ of global economic growth in 2025 and 2026: World Economic ForumJustin M. LarsonMay 29, 20250 India is set to be the main engine of global economic growth in 2025 and 2026, according to the World…
Hang Seng index, FTSE 100 fall with global markets on trade uncertainty; oil climbs on geopolitical risksJustin M. LarsonMay 29, 20250 Global stock markets fell on Wednesday as optimism over eased trade tensions dissipated, with the Hang Seng Index among those…
HB 999: Governor Ron DeSantis signs bill to make gold and silver legal tender in Florida | BusinessJustin M. LarsonMay 29, 20250 Florida Governor Ron DeSantis signed a new law on Tuesday that officially recognises gold and silver coins as legal currency…
US curbs export controls on chip design software and tools to ChinaJustin M. LarsonMay 29, 20250 The United States has imposed new export restrictions targeting a wide range of goods shipped to China, including semiconductor design…
‘Overstepped his authority…’: What are the scathing observations made by US trade court in ruling against Donald Trump’s tariffs?Justin M. LarsonMay 29, 20250 The court ruling is being seen as a considerable obstacle for Trump’s efforts to reshape America’s trade relations globally. (AI…
High valuations trigger global investor cashoutJustin M. LarsonMay 29, 20250 NEW DELHI: The surge in repatriation or disinvestment by investors was driven by overseas players seeking to cash in on…
Indian Railways to achieve net zero targets in 2025 itself – 5 years ahead of 2030 goalJustin M. LarsonMay 29, 20250 By the end of December, Indian Railways will achieve ‘Scope 1 net zero’, successfully offsetting 2.2 million tonne CO2. In…
Nvidia first-quarter earnings results: Nvidia beats estimates as revenues rise 69% from a year ago | BusinessJustin M. LarsonMay 29, 20250 Nvidia first-quarter earnings results (AP) Nvidia announced impressive first-quarter results on Wednesday, reporting a 69% year-over-year increase in revenue, reaching…
Once weighed down by bad loans, public sector banks drive India’s banking profits to highest ever in historyJustin M. LarsonMay 29, 20250 Government-owned banks demonstrated remarkable growth with a 26% increase in profits to Rs 1.83 lakh crore. (AI image) Big turnaround…
Bank holidays 2025: Are banks closed on May 29 for Maharana Pratap Jayanti?Justin M. LarsonMay 29, 20250 NEW DELHI: Banks will remain closed in Himachal Pradesh on Thursday, May 29 in observance of Maharana Pratap Jayanti, according…
