Business

India to grow at 7% in 2025: Moody's credits infra spending, household savings

The agency retained its 2025 GDP growth forecast at 7%, followed by 6.4% in 2026 and 6.5% in 2027, highlighting stable domestic demand and ongoing export diversification as key drivers of growth

Is Jack Ma planning to leave China?

Jack Ma’s family has purchased a $25.6 million mansion in London’s Belgravia, once the Italian embassy, signalling another major overseas investment by the Alibaba co-founder. The acquisition, made by his wife Cathy Zhang, adds to a vast property portfolio across continents

Warren Buffett steps back: The ups and ups of the 'Oracle of Omaha'

Warren Buffett’s gradual shift away from daily leadership at Berkshire Hathaway marks a historic change for one of the world’s most influential business empires. At 95, Buffett is transitioning executive responsibilities to Greg Abel while retaining his role as chairman

CNBC-TV18 Global Leadership Summit celebrated ‘The India Advantage’, bringing together the world’s most influential voices

The summit brought together global leaders, policymakers, startup founders and visionaries for powerful dialogues shaping India’s next era of growth, innovation, and global leadership

Wall Street set for worst week since Trump's 'liberation day' tariff rollout, tech stocks lose $1 tn

Fears over inflated AI valuations trigger a $1 trillion rout in major tech firms, leaving Wall Street on track for its steepest weekly loss since Trump’s 2018 tariff shock

Starbucks reworks China strategy, to sell 60% control to local investor Boyu

Starbucks has announced a $4 billion joint venture with Chinese investment firm Boyu Capital to manage its retail operations in China, marking a major strategic shift for the coffee giant in its second-largest market.

Who is Bankim Brahmbhatt, the Indian-origin CEO accused of a $500 million BlackRock fraud?

Bankim Brahmbhatt, an Indian-origin telecom executive, is accused of orchestrating a $500-million loan fraud that allegedly deceived BlackRock’s private-credit arm, HPS Investment Partners. According to court filings, his firms fabricated invoices and fake receivables to secure massive loans, later filing for bankruptcy

Mexico’s economy shrinks first time in years amid tension with Trump’s America

Gross domestic product fell 0.3% from the previous quarter, the first year-on-year contraction since 2021, according to a report, citing preliminary data from the national statistics institute (INEGI).

Trade thaw, tempered hopes: China’s soybean pledge offers relief but no full fix for US farmers

American farmers welcomed China's promise to buy some of their soybeans, but they cautioned this won't solve all their problems as they continue to deal with soaring prices for fertiliser, tractors, repair parts and seeds.

CNN-News18 Indian of the Year is back to recognise India’s Invincible Icons

The upcoming CNN-News18 Indian of the Year 2025 awards will honour outstanding individuals across nine categories

Why Satya Nadella deserves his nearly $100 million pay at Microsoft

Microsoft CEO Satya Nadella earned $96.5 million in fiscal 2025, a 22 per cent rise from last year and his largest payout since taking charge in 2014. The record compensation — mostly tied to performance — comes as Microsoft posts record revenues, profits, and AI-driven growth

Why did Trump pardon convicted Binance founder? Was it business?

US President Donald Trump has pardoned Binance founder Changpeng Zhao just months after his prison term for money-laundering failures. The pardon comes amid the US president’s rollback of Biden-era crypto regulations and Binance’s financial involvement with the Trump family’s World Liberty Financial, a $3-billion digital asset enterprise

Global crude prices jump nearly 5% after Trump’s new oil sanctions against Russia

Oil prices rose nearly 5% on Thursday after the US imposed sanctions on major Russian suppliers Rosneft and Lukoil over the Ukraine war, extending gains from the previous session

Gold on track for biggest daily drop since 2020 on profit-taking, stronger dollar

Gold prices were on track for the steepest daily fall in five years on Tuesday, as the dollar rose and investors booked profits after expectations of US interest rate cuts and sustained safe-haven demand drove the yellow metal to a fresh record high in the previous session