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Elon Musk has said that ‘daddy is very much home’ and ‘burning the midnight oil’, sharing details of his intense work schedule in an X post. Musk has faced investor criticism for ‘neglecting’ Tesla and his divided attention earlier this year when he worked as a “special government employee” to the Trump administration. His increased…
US President Donald Trump launched a $15 billion defamation lawsuit against the New York Times, accusing the paper of being a “mouthpiece” for Democrats and of waging a decades-long “campaign of lies” against him.In a post on Truth Social, the US president wrote: “Today, I have the Great Honor of bringing a $15 Billion Dollar…
Tesla Chief Executive Officer Elon Musk purchased about more than 2.5 million shares worth $1 billion, according to a regulatory filing, reported news agency AP.The billionaire bought the stock indirectly through a trust on September 12, the filing showed. Tesla shares jumped as much as 7.3% before the start of regular trading, putting the stock…
Faster adoption of Artificial Intelligence (AI) across industries has the potential to add $500-600 billion to India’s GDP by 2035, according to a Niti Aayog report.The report, titled ‘AI for Viksit Bharat: The Opportunity for Accelerated Economic Growth’, projects that AI could significantly raise productivity and efficiency, making it a decisive lever for India’s growth…
India plans to strengthen its northeastern border region through extensive railway development. (AI image) India is planning to build railway lines in the north-east along the border with China, with an aim to enhance logistics infrastructure in the strategically important areas. The development, estimated to cost the government 300 billion rupees ($3.4 billion), has a…
India’s property market has pulled in almost $80 billion in institutional investments over the past 15 years, highlighting its rise as a favoured asset class for global and local investors, a report by Colliers and CREDAI said.Foreign investors have played the bigger role so far, contributing 57% of the total inflows since 2010. Yet, the…
Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6-7.5 per cent, outpacing many mature global markets, according to a joint report released by CREDAI and ANAROCK Capital. The study, Indian REITs: A Gateway to Institutional Real Estate, was unveiled at CREDAI NATCON in Singapore, as reported by news agency ANI.Since the country’s…
The Flipkart Big Billion Days Sale 2025 is set to bring massive discounts on Apple’s iPhone 16 series, making it one of the most anticipated events for smartphone buyers. The iPhone 16 Pro Max will effectively start at Rs 89,999, down from its launch price of Rs 1,44,900 for the base 256GB model. The iPhone…
The imposition of a 50% tariff hike by the United States on imports from India weighed on domestic financial conditions in August, with equity markets taking the largest hit, according to a Crisil report. The agency said its Financial Conditions Index (FCI) fell to -0.5 in August from -0.4 in July, indicating tighter conditions compared…
