The U.S. economy in 2025 faces questions about a potential recession, large-scale layoffs, and income growth prospects.
The new service by Zomato is similar to Swiggy's Bolt, which the Bengaluru-based company has said now accounts for over 5% of its total food delivery orders.
India doesn't need significant philanthropic subsidies for energy access projects but would benefit from expertise to develop demonstration projects, says the Rockefeller Foundation president. The Global Energy Alliance for People and Planet is working with Indian states to enhance energy efficiency, and an agreement has been signed with the International Solar Alliance to mobilize $100 million for impactful solar projects.
AAP faces anti-incumbency, corruption allegations, and an aggressive BJP as it seeks a third term. It relies on its popular schemes and new welfare promises. The party aims to reconnect with voters by highlighting achievements and addressing internal issues. The BJP continues strong opposition, emphasizing alleged corruption to challenge AAP's credibility.
Donald Trump Jr. is planning a visit to Greenland as his father, Donald Trump, renews his interest in acquiring the territory.
In a pretty recent development it has been known that US President- elect Donald Trump is actually tired of Tesla CEO Elon Musk as he just drops by at Donald Trump’s place pretty often and Donald Trump complains him to be somewhat clingy. Though in public eyes, Donald Trump is actually maintaining his friendship with Elon Musk pretty well.
Communications Minister Jyotiraditya Scindia met with telecom equipment manufacturers like Nokia and Ericsson to discuss strategies for enhancing production and addressing export challenges in India. The Department of Telecommunications has formed advisory committees with industry stakeholders to provide updates and propose solutions for boosting the Indian communication sector.
BMW Group India achieved its highest annual car sales with 15,721 units in 2024, an 11 percent increase over the previous year. The BMW brand sold 15,012 units, and the MINI brand sold 709 units. BMW Motorrad sold 8,301 motorcycles. The company delivered 1,249 fully-electric BMW and MINI cars in 2024.
The funding round was co-led by mobility technology funds AdvantEdge Founders and Micelio Technology Fund. A group of angel investors also participated in the round. The funds will be used to push innovation and build capabilities in vehicle engineering, vehicle software and battery technology.
Elon Musk has emerged as one of the closest aides of Donald Trump after the latter won the US Presidential election. Musk has been spending a lot of time with Donald Trump at his Palm beach resort. Is Melania bothered by Elon Musk spending so much time with Donald Trump at Mar-a-Lago?
Microsoft announced a $3 billion investment in India to strengthen AI and cloud infrastructure. This and more in today’s ETtech Top 5.
HBO’s The Last of Us Season 2 will premiere in April 2025, according to Sony. The company also confirmed that Columbia Pictures and PlayStation are collaborating on a "Horizon Zero Dawn" movie adaptation.
Puravankara Limited appoints Deepak Rastogi as Group CFO effective January 15, 2025. With over three decades of finance and strategy experience, Rastogi's leadership is expected to bolster the company's expansion plans. Neeraj Gautam is promoted to Deputy CFO. Puravankara has completed 85 projects across nine cities and continues to grow its real estate footprint.
The United Nations rights chief reported that Iran executed over 900 people in 2024, marking an increase from the previous year. The executions, mostly for drug-related offences, also included dissidents and protest-related individuals. Activists and rights groups urge Iran to halt capital punishment and consider a moratorium.
Real GDP growth for this fiscal year is expected to be 6.2%, lower than the official estimate. Improvements in agriculture, exports, and construction are likely. Inflation is projected to decrease. The Reserve Bank of India may deliver two rate cuts. Fiscal discipline will be needed to meet the fiscal deficit target, given softer tax revenues.
The Supreme Court denied Maneka Gandhi's request to extend the 45-day filing limit for election petitions. The court issued a notice to challenge Ram Bhual Nishad's election from the Sultanpur Lok Sabha seat. Gandhi argued the time limit should be revisited as Nishad did not disclose his full criminal history and the petition was dismissed as time-barred.
A viral Golden Globes video sparked outrage, claiming Demi Moore snubbed Kylie Jenner.
Delhi Assembly elections are scheduled for February 5. Candidates need to file nominations by January 17. AAP, BJP, and Congress will compete fiercely for seats. Vote counting will occur on February 8. Key contests include Arvind Kejriwal against Sandeep Dikshit and Parvesh Verma. The election tactics of all three parties are focused on addressing voter concerns and securing maximum seats.
The initial public offering (IPO) of Capital Infra Trust, an infrastructure investment trust (InvIT), received 39 per cent subscription on the first day of bidding on Tuesday.
The government has launched a Rs 47,000 crore plan to develop shipbuilding facilities and expand Gujarat’s Kandla Port by 135 MTPA. The initiative includes building and repairing ships, creating a new modern port, and shifting and upgrading cargo handling to increase capacity and efficiency, improving the port’s overall productivity.
The government has launched a Rs 47,000 crore plan to develop shipbuilding facilities and expand Gujarat’s Kandla Port by 135 MTPA. The initiative includes building and repairing ships, creating a new modern port, and shifting and upgrading cargo handling to increase capacity and efficiency, improving the port’s overall productivity.
