Its up to the U.S. Supreme Court and Congress to decide when full payments will resume under the SNAP food aid program that helps 1 in 8 Americans buy groceries, as some wonder how they will feed their families without government assistance.
Ikea India reported 6% YoY sales growth to Rs 1,860.8 crore in FY25 and 12% EBITDA growth, targeting profitability within two years amid expanding online and North India presence.
Zerodhas Nithin Kamath compared Indias UPI-led payments ecosystem with the US, noting Robinhood earns Rs 1,300 crore yearly from instant withdrawal fees, highlighting Indias cost-free and efficient payment infrastructure.
BSE Q2 Results: BSE reported a significant 61% year-on-year growth in its consolidated Q2 net profit, reaching Rs 558 crore. Revenue from operations also surged by 44% to Rs 1,068 crore. Sequentially, the company saw a 3.5% increase in profit and a 12% rise in topline.
NSEs electricity futures are emerging as a benchmark for power price discovery, with close alignment to physical market rates, enhancing transparency, efficiency, and integration in Indias evolving energy market.
ASSOCHAM has proposed digitized single window systems and a unified annual compliance form for MSMEs. These measures aim to boost investment and competitiveness across Indian states. The report highlights specific recommendations for states like West Bengal, Odisha, and Andhra Pradesh.
Asian private wealth has jumped from 6% of the global total 25 years ago to 21% today, according to data from BCG. Singapore pulled in $765 billion in wealth inflows between 2019 and 2024, while Hong Kong attracted $975 billion. More than 80% of that is coming from within Asia.
