TOKYO – Japanese technology conglomerate SoftBank Group Corp. reported a staggering 124% increase in quarterly profit, fueled by robust valuations in tech startups and resilient demand for artificial intelligence (AI). The company announced a net income of ¥517.18 billion ($3.5 billion) for its fiscal fourth quarter, driven by gains from its Vision Fund and investments in companies … Read more
Walmart has announced a sweeping plan to remodel more than 650 stores across 47 states and Puerto Rico in 2025, rolling out its ambitious “Store of the Future” concept to millions of shoppers nationwide. The initiative, part of a multi-billion dollar investment, aims to deliver a more modern, convenient, and engaging shopping experience for customers. The … Read more
Introduction The Department of Government Efficiency (DOGE), led by Elon Musk and Vivek Ramaswamy under the second Trump administration, initiated a sweeping review and reduction of U.S. foreign aid programs starting January 24, 2025. This included a 90-day freeze on all U.S. foreign assistance, the effective dismantling of the U.S. Agency for International Development (USAID), … Read more
In a highly anticipated presentation, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman unveiled the Union Budget for 2025-26, focusing on transformative measures to drive India’s economic growth and competitiveness. The Budget, which emphasized inclusivity and development, sets the stage for India’s journey towards becoming a “Viksit Bharat” (Developed India) by prioritizing sectors … Read more