Amid escalating tensions between the White House and Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent has voiced his support for the central banker. “There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said during an interview with Fox Business on Tuesday (July 22). … Read more
The Indian passport has climbed eight spots to rank 77th on the Henley Passport Index 2025, up from 85th last year, a notable rise despite gaining visa-free access to just two additional countries. Indian passport holders can now travel visa-free or with visa-on-arrival access to 59 destinations. The Henley Passport Index ranks passports based on … Read more
Founded in 1907 and headquartered in Dubai, Damas is among the oldest and most prominent Jewellery retailers in the Middle East, with a store network of 146 outlets across the GCC. Titan is acquiring 67% of Damas from Mannai Corporation QPSC, Qatar (Mannai) at an Enterprise Value of AED 1038 mn (approx $280 mn). The … Read more
Indians lost around ₹7,000 crore to online scams in the first five months of 2025, an estimate by Ministry of Home Affairs (MHA) has revealed. More than half of this amount was lost to scamsters operating out of Cambodia and other Southeast Asian countries such as Myanmar, Vietnam, Laos and Thailand, according to the report … Read more
At most companies, meetings kick off with quick chats or PowerPoint slides, but at Amazon, there was writing and a lot of reading, as per a report. Jeff Bezos Replaced PPT Slides With Six-Page Memo Under Jeff Bezos’ leadership, Amazon built a famously rigorous “reading culture” centered around drafting six-page memos, according to Business Insider. … Read more
China achieved a historic trade surplus of approximately $586 billion in the first six months of the year. (AI image) China seems to have diversified its export markets away from the US, reporting a record trade surplus despite the global turmoil and uncertainty created by American President Donald Trump’s tariff war.China achieved a historic trade … Read more
In a long awaited development, Promoters are selling out of VIP Industries. Piramals have sold 32% stake to a consortium led by Multiples, the Private Equity major. Consortium includes Caratlane founders, Mithun Sancheti and Siddhartha Sancheti. Stake has been sold at Rs 388/ share for Rs 1,763 cr. This is at a 15% discount to … Read more