Recent data from the Federal Reserve Bank of New York shows credit card balance has breached the $1 trillion-mark. The increase in credit card debt suggests that many people feel confident about the economy and are using credit cards to buy things they need.

US credit card balances breach $1 trillion-mark for the first time

Saudi Arabia's premier oil company, Aramco, has recorded a dramatic 39 per cent drop in profits for the second quarter, ending on June 30. In its recent report, Aramco revealed a net profit of $30.

Saudi Aramco profits plunge 39% amid oil price tussle

PayPal, the global payment giant, announced its very own U.S. dollar Stablecoin on Monday, marking a pivotal moment in the integration of digital currencies into mainstream transactions.

PayPal launches Stablecoin backed by US dollar

The proposed free trade agreement between India and the UK is inching closer to realisation, reports said on Sunday. In a bid to protect domestic interests, India has excluded data-related issues and dairy sector concessions from the proposed India-UK free trade agreement.

UK and India nearing a free trade agreement: Reports

Pakistan's once-fledging textile industry grapples with a slowdown. Accounting for 60 percent of the country's exports, the textile sector has been struggling since the economy began facing a balance of payments crisis.

Pakistan's economic downturn hits its once-booming textile industry

The economic fallout of climate change could impact nations worldwide. Rising carbon emissions may lead to soaring debt servicing costs for 59 countries within the next decade as the world grapples with the consequences of unchecked climate change, states a recent research report.

Climate change hurts global economy: 59 countries will face massive debt burden in next 10 years

Saudi Arabia's efforts to diversify its economy beyond oil face a setback as business expansion in the nation experienced a notable deceleration in July. The impact of elevated interest rates began to affect Saudi Arabia's non-oil sectors, contributing to an overall slowdown in business growth last month.

Saudi Arabia's non-oil businesses face troubles as growth slows in July

New York-based financial giant Apollo Global Management has reported a remarkable surge in profits, reaching $1 billion. This represents an impressive 75 percent increase in adjusted net income for the April-June quarter, translating to $1.

Apollo Management shares hit all-time high after company records $1 billion in profits

Mankind Pharma Ltd., one of India's leading pharmaceutical companies, has achieved a remarkable milestone in its latest quarterly results. Its profit has soared by a staggering 66 per cent during the April-June quarter, reaching a remarkable $60 million.

Mankind Pharma reports 66% surge in Q1 profit

Toyota Motors has kicked into high gear, experiencing a smooth ride in its first quarter under the leadership of CEO Koji Sato. The Japanese automotive giant has reported an astounding 75 per cent surge in net income, soaring to an impressive $9.

Toyota Motors' net income electrifies investors, surges 75% in Q1

In a recent announcement on Tuesday, the Reserve Bank of India (RBI) revealed that 88 per cent of the country's highest denomination 2000-rupee currency notes, amounting to 3.

RBI's currency cleanup: 2000-rupee notes vanish as 88% of currency returned since May

Apple and Microsoft, the prominent U.S. tech giants, continue to dominate as two of the world's largest companies by market capitalization. This can be attributed to the substantial surge in tech stocks, fueled by the escalating interest in artificial intelligence.

Apple & Microsoft two biggest companies by market capitalisation

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Zee News Rajasthan

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Aprameya Rao

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