Tesla is significantly increasing its spending for 2026, aiming for over 25 billion dollars. This investment focuses on artificial intelligence, robotaxis, and robotics. The company anticipates negative free cash flow for the remainder of this year. Analysts question these large…
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India’s private sector saw robust growth in April. Manufacturing led the expansion, with services also improving. Businesses reported increased demand and activity. Hiring picked up across sectors, reaching a ten-month high. Firms remain optimistic about future growth. Inflationary pressures eased…
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HSBC has downgraded Indian stocks to underweight. Rising energy prices from the Middle East war are a concern. This could impact India’s earnings recovery. Indian markets are among the worst performers globally this year. HSBC expects earnings forecasts to be…
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Quadria Capital is eyeing a strategic acquisition of a majority interest in Samarth Lifesciences, a move that could value the transaction at around Rs 4,500 crore. With ambitions for growth, Samarth Lifesciences is on the lookout for investment, especially after…
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West Asia War: Americans in Iran are urged to leave immediately. The US State Department issued a fresh advisory on Wednesday. Iran’s airspace has partially reopened. Citizens should monitor local media and consult carriers for flights. Land routes to Armenia,…
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India is set to purchase urea fertilizer at significantly higher rates. This comes as the Middle East conflict impacts global supplies. Indian Potash Ltd. will secure 2.5 million tons of urea. Prices are nearly 90% higher than before the conflict.…
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