India’s GDP growth for the July-September quarter slowed to 5.4% year-on-year, the lowest in seven quarters. This was below expectations, with J.P. Morgan predicting 6.4% […]
Category: BigBreakingNow
U.S. Shoppers Spend $10.8 Billion Online on Black Friday, Marking 10.2% Growth
On Black Friday, U.S. shoppers spent about $10.8 billion online, using devices like mobile phones, laptops, desktops, and others, according to Adobe Analytics’ updated report. […]
U.S. Finalizes $7.86 Billion Subsidy for Intel to Boost Domestic Semiconductor Production
The U.S. Commerce Department is finalizing a $7.86 billion government subsidy for Intel, down from the original $8.5 billion announced earlier this year. This reduction […]
Moody’s Affirms Ratings for Seven Adani Group Companies, Outlook Changed to Negative Amid Legal Challenges
Moody’s has affirmed the ratings of seven Adani Group companies but changed the outlook for all of them from stable to negative. These companies include […]
Adani Group Faces Global Setbacks Amid Bribery Allegations: $33B Market Hit, Scrapped Deals in Kenya, Sri Lanka, and Beyond
Gautam Adani’s global ambitions have taken a significant hit following U.S. federal prosecutors’ indictment of the billionaire, his nephew Sagar Adani, and associates in a […]
Fitch Places Adani Energy Solutions and Adani Electricity Mumbai Default Ratings on Negative Watch Due to Bribery Charges
Fitch Ratings has placed the ratings of Adani Energy Solutions Limited (AESL) and Adani Electricity Mumbai Limited (AEML) under a “Rating Watch Negative” (RWN) due […]
Adani Group Reports Record H1 FY25 Growth: Assets at Rs 5.53 Lakh Crore, EBITDA Up 17.1%
Adani Group achieved record results for the first half of fiscal year 2025, with total assets rising to 5.53 lakh crore rupees after investments of […]
US Government Clears Adani Group of Fraud Allegations, Approves $553 Million Loan for Sri Lanka Port Project: Bloomberg
The US government recently granted a substantial loan of up to $553 million to the Adani Group for a container terminal project in Sri Lanka. […]
Gautam Adani, Sagar Adani Summoned by U.S. SEC in US Bribery Case, Given 21 Days to Respond
Indian billionaire Gautam Adani and his nephew, Sagar Adani, have been summoned by the US Securities and Exchange Commission (SEC) to address allegations of paying […]
Japan Unveils $140B Stimulus Package to Boost Consumer Spending
The Japanese government approved a $140-billion stimulus package on Friday, aiming to boost consumer spending, according to officials. The package, valued at 21.9 trillion yen […]
Bank of America Allegedly Shared Non-Public Information with Investors in India: WSJ Report
Bank of America is facing allegations of insider trading in its Asian operations, according to a report by The Wall Street Journal (WSJ). The report […]
S&P Global Downgrades Outlook on Adani Group Entities Amid Bribery Allegations
S&P Global Ratings has downgraded the outlook for key Adani Group companies—Adani Ports and SEZ Ltd, Adani Green Energy Ltd (AGEL RG2), and Adani Electricity […]