business news
San Francisco, June 10, 2025 — In a landmark achievement for the artificial intelligence sector, OpenAI has announced that its annualized revenue run rate has soared to $10 billion as of June 2025, nearly doubling from $5.5 billion just six months ago. This rapid growth cements OpenAI’s status as a global AI powerhouse and underscores the … Read more
Tata Motors has electrified the Indian SUV market with the launch of the Tata Harrier EV on June 3, 2025, at a starting price of ₹21.49 lakh (ex-showroom, Mumbai). This flagship electric SUV, built on the advanced Acti.ev+ (Gen 2) platform, combines bold design, cutting-edge technology, and robust performance, positioning it as a direct competitor to the Mahindra XEV … Read more
The United States saw an astonishing 562,000 new U.S. millionaires in 2024, fueled by a robust stock market rally, according to the Capgemini World Wealth Report. This 7.6% surge in high-net-worth individuals (HNWIs) highlights the U.S. economy’s strength and its ability to create wealth at an unprecedented pace. Stock Market Drives New U.S. Millionaires in 2024 … Read more
RBI surprises with a 50 bps repo rate cut to 5.5% and 100 bps CRR reduction to boost economy. Read how it impacts borrowers and savers at The Interview Times. MUMBAI – In a bold move to spur economic growth, the Reserve Bank of India (RBI) announced a larger-than-expected 50 basis point (bps) cut in … Read more
The private space industry is reaching new heights as SpaceX, led by visionary entrepreneur Elon Musk, projects a staggering $15.5 billion in revenue for 2025, poised to outstrip NASA’s proposed 2026 budget. This milestone, announced by Musk on X, highlights the growing power of commercial space ventures and sparks debate about the future of space … Read more
OECD slashes global growth forecasts for 2025-2026, citing escalating US trade tariffs under Trump. Discover how rising protectionism impacts the global economy, inflation, and business. Read more on The Interview Times. The global economic outlook has taken a somber turn as the Organisation for Economic Co-operation and Development (OECD) announced significant downgrades to its growth … Read more
The Reserve Bank of Australia (RBA) has lowered its cash rate to 3.85%, marking its second rate cut in 2025, as global trade tensions and economic uncertainties intensify. This decision, announced on May 20, 2025, reflects the RBA’s cautious response to a slowing global economy and potential risks to Australia’s export-driven market. The move aims … Read more
Discover India’s 2025 EV Policy (SPMEPCI), a landmark scheme to boost electric vehicle manufacturing, attract global automakers, and drive sustainable mobility with reduced import duties and local production incentives Introduction to SPMEPCI: India’s Flagship EV Policy On June 2, 2025, India took a monumental step toward becoming a global hub for electric vehicle (EV) manufacturing … Read more
Reliance’s 600-acre Jamnagar orchard, Asia’s largest, earns millions with 600 tonnes of mangoes yearly. Discover its sustainable success! #RelianceMangoOrchard In Jamnagar, Gujarat, Reliance Industries Limited (RIL) has cultivated the Dhirubhai Ambani Lakhibag Amrayee, Asia’s largest mango orchard, spanning 600 acres and producing over 600 tonnes of premium mangoes annually. Known as the Reliance mango orchard … Read more
Errol Musk, father of billionaire Elon Musk, is in India to advise Servotech Power Systems and visit Ayodhya’s Ram temple. Discover his net worth, business ventures, family ties, and more. As Errol Musk, father of billionaire visionary Elon Musk, steps into New Delhi today for a historic six-day visit, India is buzzing with curiosity about … Read more
Elon Musk’s net worth rebounds as Tesla’s valuation surges $158B after his DOGE exit. Explore the impact of his government role on Tesla and his fortune. Elon Musk’s high-profile stint as head of the Department of Government Efficiency (DOGE) under President Donald Trump’s administration has been a rollercoaster for both his public image and his … Read more
JPMorgan CEO Jamie Dimon warns that America’s biggest threat lies in internal challenges, not external adversaries like China. Discover his urgent call to address U.S. domestic issues and unify the nation. In a striking statement that has sparked widespread discussion, Jamie Dimon, CEO of JPMorgan Chase, has cautioned that the United States’ most pressing challenges … Read more
Bilateral trade between India and Turkey, valued at $10.43 billion in FY 2023-24, has contracted significantly in FY 2024-25, driven by geopolitical tensions and a growing boycott movement in India. The fallout from Turkey’s alleged support for Pakistan during Operation Sindoor in May 2025 has prompted Indian traders and consumers to target Turkish goods and … Read more
Bitcoin soars to $109,760.08, driven by strong crypto sentiment and institutional investment. Explore the factors behind this record-breaking surge. Bitcoin has reached an unprecedented peak, climbing to $109,760.08 on Wednesday, May 22, 2025, surpassing its previous high from January. The world’s leading cryptocurrency settled at $108,117, marking a 1.1% increase, fueled by a wave of … Read more
Navigate common startup challenges in India, from funding to talent, with practical solutions. This concluding article also draws lessons from successful Indian startups like Paytm, Flipkart, and Zomato to inspire your entrepreneurial journey. In the concluding article of this series on starting a startup in India, we will address the common challenges that entrepreneurs often … Read more
Learn how to effectively reach your customers and build a strong team for your Indian startup. This article covers essential marketing and sales strategies, including digital and regional approaches, and talent acquisition. In the previous parts of this series, we have discussed the essential steps for starting a startup in India, including legalities and funding. … Read more
Discover diverse funding strategies for your Indian startup. Learn about bootstrapping, securing investment from angel investors and VCs, exploring government grants, understanding debt financing, and crafting a winning pitch deck. In the previous articles of this series, we have covered the initial steps of defining a startup, choosing a legal structure, and navigating the registration … Read more
Master the legalities of launching your Indian startup. This guide covers step-by-step company incorporation via MCA, the process and benefits of DPIIT recognition, and essential licenses and permits for operational compliance. In the previous article, we explored the foundational aspects of starting a startup in India, including the definition of a startup and the importance … Read more
Lay the groundwork for your Indian startup! This first article in a 5-part series defines what qualifies as a startup in India, explains DPIIT recognition, and helps you choose the optimal legal structure like Private Limited Company, LLP, or OPC. Introduction: The Burgeoning Indian Startup Ecosystem India’s startup ecosystem has witnessed remarkable expansion in recent … Read more
Qatar Airways reports a record $2.1B profit in 2025 and a historic $96B Boeing order for 210 aircraft. Learn more! Qatar Airways has soared to new heights, announcing a record-breaking $2.1 billion net profit for the 2024/2025 fiscal year and a landmark Boeing aircraft order worth $96 billion. These milestones solidify the airline’s position as … Read more