Category: Short News

US Budget Deficit Surges 24% to $1.9 Trillion for October through August

The U.S. budget gap has ballooned to $1.9 trillion for the period of October through August in the fiscal year 2024, marking a significant 24% […]

Microsoft 365 and Teams Outage Affects Thousands of Users

Thousands of users experienced difficulties accessing Microsoft’s suite of productivity tools, including Microsoft 365 and Teams, on Thursday, as reported by Downdetector.com. The outage tracking […]

Paytm Changes Business Strategy: Profit Before Tax to be New Benchmark for Profitability

Paytm’s founder, Vijay Shekhar Sharma, announced that the company is shifting its business strategy focus. Speaking at Paytm’s 24th Annual General Meeting (AGM) on Thursday, […]

Global Debt Reaches Unprecedented $315 Trillion in Q1 2024, Soaring by $15 Trillion in 12 Months

Global debt has hit a staggering $315 trillion in the first quarter of 2024, representing an astonishing rise of $15 trillion over the past year. […]

HDFC Bank in Talks to Sell Rs 8,400 Crore in Loans to Global Banks to Align Credit and Deposits

HDFC Bank Ltd., India’s largest private sector lender, is in discussions to sell up to Rs 8,400 crore ($1 billion) in loans to several global […]

SEMICON India 2024: PM Modi Highlights India’s Semiconductor Potential and Global Opportunities

Prime Minister Narendra Modi addressed the SEMICON India 2024 event, emphasizing that this is the perfect time for global semiconductor companies to invest in India. […]

Bangladesh Interim Government to Review Adani Power Deal and Other Indian Agreements: Report

The interim government in Bangladesh, led by Nobel laureate Muhammad Yunus, has decided to scrutinize agreements with Indian businesses, including the Adani Group, The Indian […]

India Extends Anti-Subsidy Duty on Steel Imports from China and Vietnam

India’s Ministry of Finance has announced an extension of the anti-subsidy duty on welded steel pipes and tubes imported from China and Vietnam for another […]

SEBI Allows Cash-Collateral Securities for Margin Trading, Eases Requirements

The Securities and Exchange Board of India (SEBI) has introduced new guidelines that allow the use of cash-collateral-funded securities as part of the maintenance margin […]

NVIDIA Shares Surge 5% as U.S. Nears Approval for Advanced Chip Exports to Saudi Arabia

NVIDIA shares extended their gains by 5% following reports that the U.S. government is getting closer to allowing the company to export its advanced chips […]

DEA Proposes New Rules to Give Stock Exchange Brokers More Flexibility While Protecting Clients

The Department of Economic Affairs (DEA) has suggested new rules for stock exchange brokers. Right now, brokers are only allowed to work with securities or […]