Berkshire Hathaway, the conglomerate led by Warren Buffett, reported a significant increase in third-quarter operating earnings, along with a record amount of cash reserves. The company’s operating earnings reached $10.761 billion, a 40.6% increase compared to the same quarter last year. Berkshire also held a record $157.2 billion in cash at the end of September….
Elon Musk’s company, X, is taking steps to generate new revenue by selling off old Twitter handles, according to a report by Forbes on Friday. The company is planning to make available valuable account names that are currently unused by their original owners. This aligns with X’s inactive account policy, which encourages users to log…
Buffer Onion to be Sold at Subsidized Rates by Mother Dairy’s Safal Outlets in Delhi-NCR In an effort to alleviate the burden of rising onion prices on consumers, the Indian government has announced that Mother Dairy’s Safal outlets will be selling buffer onion at a subsidized rate of Rs 25 per kg in Delhi-NCR. This…
New Delhi – In preparation for the upcoming assembly elections in five states, the Indian government has given the green light for the issuance of the 29th tranche of electoral bonds. These electoral bonds will be available for sale starting from November 6. This decision comes amidst the ongoing campaign for the assembly elections in…
Nykaa CEO Anchit Nayar has stated that the beauty e-commerce company has not witnessed any significant impact from competition thus far. Despite facing scrutiny due to the emergence of new competitors, such as Reliance Retail’s Tira, Nykaa remains unfazed. Nayar emphasized that a majority of their business comes from repeat customers, debunking the notion that…
The Department of Labor released data on Friday showing that the labor market has worsened for Hispanic workers, with their unemployment rate increasing more than the national rate. In October, the overall unemployment rate rose 0.1% to 3.9%, the highest level since January 2022, contrary to expectations of it staying at 3.8%. Among Hispanic Americans,…
Bank of Baroda (BoB) has reported a 28% increase in net profit for the second quarter ended September, reaching Rs 4,253 crore. This growth can be attributed to a decrease in bad loans and an increase in interest income. In the corresponding quarter of the previous fiscal year, the state-owned lender had achieved a net…
SBI, the largest lender in the country, has reported a significant growth in consolidated net profit for the September quarter. The state-run bank recorded a 9.13% increase in net profit to Rs 16,099.58 crore, compared to Rs 14,752 crore in the same period last year. However, the bank’s net profit for the June quarter was…
India to Host First-Ever Global AI Summit, Says SAP Executive India is gearing up to organize its first-ever global artificial intelligence (AI) summit in December. As preparations are underway, Walter Sun, Global Head of AI at software major SAP, believes that the government and other stakeholders can learn valuable lessons from companies like SAP when…
Naga Chaitanya and Samantha Ruth Prabhu have been formally divorced for a year now, but recent rumors suggest that they may have patched up. Samantha shared a cryptic post on Instagram about “kindness,” adding fuel to the speculation. The post, originally shared by Hollywood star Viola Davis, read, “Shoutout to people whose kindness isn’t a…
