US vs China over South China Sea: Washington backs Philippines, Beijing hits back

Outrage erupts after 3-year-old is married to 60-year-old man in Pakistan, link to her sister's murder being probed

UK police arrest several under explosives act near air base used by US forces

‘Anti-social elements spreading false rumours’: LPU issues statement amid massive unrest over alleged rape

LPU students go on rampage, vandalise campus amid widespread protest: What's happening

OpenAI AI Agents hacked 4 websites before Hugging Face, researchers reveal

US Treasury Secretary Scott Bessent hails global crackdown on Iranian banks and airlines

New Friday OTT releases (September 25, 2026): Don’t Be Shy, Hunkkaar: The Roar, Mango Pachcha- 6 movies and TV shows on Netflix, Prime Video and more

Asian Games 2026: India face Afghanistan in quarterfinal on Sep 28; Pakistan clash with Hong Kong

‘Attack on Mecca a red line for Pakistan’: Shehbaz Sharif warns Houthis at UN

'Countries far from conflict are penalised': Jaishankar calls for Gulf peace, seafarer safety at UN

Bigg Boss 20: Salman Khan schools Rhiti Tiwari over Qazi Touqeer clash, compares her to Dolly Bindra

Humanoid robots to virtual worlds! Korean sci-fi dramas to watch: Are You Human Too?, Memories of the Alhambra and more

IND vs WI 1st ODI: Naman Dhir debuts as India bowl first in Trivandrum; check playing XIs

Nations League: Spain sink England at Wembley; Modric shines for Croatia

Two men die of suspected chemical exposure inside public toilet in Mumbai

Trump-Xi summit wrap: Big pageantry, Iran talks, few major developments and more meetings planned

‘Could kill billions...’: Bill Gates backs calls to slow AI development amid fears of catastrophe

Bollywood x K-pop crossover! LE SSERAFIM’s Kazuha charms fans with Shah Rukh Khan’s ‘Chammak Challo’ steps

US-Iran war: Trump rejects Iran's Hormuz proposal, reports suggest talks expected next week

'What kind of confession is this?': Pakistan PM Shehbaz Sharif’s 'terrorists would be roaming New York' remark goes viral, raises alarm online. Watch

Jaishankar at UNGA: Goodwill and friendship can't coexist with terrorism

Sri Lankan Tamil migrant worker gets death sentence in Saudi Arabia, help sought from India

'FIRST LOOK from inside Noah’s Ark': Researchers share video from inside mysterious mound in Turkey

UNSC reform momentum grows: Russia, Portugal, Mauritius push for India's permanent seat bid

WATCH | As Shehbaz Sharif claims Pakistan’s ‘victory’ during 2025 conflict, Indian diplomat R Srinivas laughs at UN

Ceuta migrant crisis: Protesters take to streets as Spain grapples with migrant challenge

Ramayana: Yash’s Ravana gets first official poster from Nitesh Tiwari’s epic

'A terrorist country is asking me that question?': Jaishankar hits back at Pakistani journalist at UN; flags attacks on commercial shipping

Russia will achieve Ukraine war aims; Europe doing everything to block peace talks: Lavrov at UN

In 2023, India managed to grow & beat all other major economies. The country's growth rate also exceeded expectations, even as the rest of the world slowed. There is a good chance that india will see a similarly impressive performance in 2024.

India to see impressive performance in 2024 after robust 2023 | World Business Watch

Central banks around the world are taking different approaches to monetary policy to counter inflation pressures. Swiss National Bank (SNB) became the first major central bank in the developed world to cut interest rates this cycle. The key driver for the snb's action appears to be a sharper-than-expected fall in inflation.

Swiss National Bank makes surprise rate cut

At the European Union Summit, leaders have agreed in principle to a significant proposal: Leverage profits from frozen Russian assets worth $3 billion to supply arms for ukraine amid Moscow's ongoing invasion.

EU leaders discuss arming Ukraine with frozen Russian assets

It is not just the houthi threat that is affecting shipping routes in the Indian Ocean. Pirates from Somalia have made a comeback in the region, which further threatens shipping routes. That has led to surge in security and insurance costs for shipping giants across the world.

Threat of Somali pirates raise security & insurance costs

In a landmark move, the United Nations has adopted the first global resolution on artificial intelligence. This resolution encourages member countries to safeguard human rights, protect personal data, and monitor AI for risks.

UN adopts first global resolution on artificial intelligence

The federal government’s aggressive crackdown on Big Tech expanded on Thursday to include an antitrust lawsuit by the Justice Department against Apple, one of the world’s best-known and most valuable companies. Watch to know more.

US  FTC sues Apple for violating antitrust laws

Social media company Reddit had a bumper debut on the New York Stock Exchange. Its stocks rose by 48% on the first day of trading, banking on the rally in the tech sector. But what's in store for the company in the future? And what does the bumper debut tell us about U.S. IPOs.

Reddit's bumper debut signals revival of tech IPOs

Chinese regulators have tightened the reins on the consumer finance sector, impacting millions relying on high-interest loans. With stricter rules forcing consolidation and deeper pockets, questions arise over the fate of smaller players.

New capital rules squeeze China's consumer finance sector

Data centre giant Equinix is facing a storm after short seller Hindenburg research released a report accusing the company of manipulating its accounting metrics. Hindenburg alleges Equinix inflated its key profitability metric, adjusted funds from operations (AFFO), by at least 22% in 2023. Watch to know more!

Hindenburg research alleges accounting manipulation by Equinix

The U.S. Fed, as expected, has left the interest rates unchanged, in the 5.25% to 5.50% range. This is the fifth consecutive time that the central bank has kept the rates unchanged. Fed chair Jerome Powell has indicated the possibility of three interest rates cut this year. Watch the video for more details!

US Fed continues to foresee a 'soft landing' later this year

The ongoing exodus of foreign companies from Russia has resulted in $385 million in revenues in 2024 so far. This stems from an exit tax policy implemented when companies began leaving Russia after the Ukraine invasion began. The policy requires departing businesses to contribute at least 10% of their sale price to the federal budget. Watch for more details!

Foreign companies' exit contributions in 2024 surpass $385 mn

Intel has announced a $100 billion investment to build and expand chip factories across four U.S. States. This comes after securing almost $20 billion in federal grants and loans through the chips act, with the potential for an additional $25 billion in tax breaks. Watch to know more!

Project to create ‘largest AI chip manufacturing site’ in Ohio

In a sign of confidence in India's growing economy, two major Canadian pension funds injected $438 million into the national highways infra trust or N-H-A-I.

Canadian pension funds pour $438 Mn into India's infrastructure

It won't be wrong to say that the startup sector has been the flag-bearer of India's growth story. From around 350 in 2014, the number of startups has risen to over 100,000. This also reflects the growing clout of the sector, which is expected to employ millions in the next decade. This report tells you about the rise of startups in India's economy.

Startups likely to add $1 trillion to India's economy by 2030

India: Startups likely to add $1 trillion to Indian economy by year 2030

India's national carrier, Air India, is undergoing a significant transformation with a focus on becoming a major aviation hub. The airline has been taking delivery of a new aircraft every six days for the past six months, and is expected to receive the same over the next 12 months!

Air India CEO envisions multiple international hubs in India

WION's Business Desk brings you this daily round up of global stories from the world of business and economy.&nbsp;

Federal Reserve holds rates steady amid high projections for 2024 rate cuts&nbsp;

The US Federal Reserve has decided to maintain its benchmark interest rates at 5.25-5.50 per cent for the fifth consecutive meeting, according to an announcement made after the Federal Open Market Committee (FOMC) meeting on March 20.

<a href="https://www.wionews.com/business-economy/federal-reserve-holds-rates-steady-amid-high-projections-for-2024-rate-cuts-702516 ">Read more here</a>

US Justice Department set to sue Apple for alleged antitrust violations&nbsp;

Apple is facing impending legal action from the US Justice Department, which is expected to file a lawsuit as early as Thursday.

<a href="https://www.wionews.com/business-economy/us-justice-department-set-to-sue-apple-for-alleged-antitrust-violations-702523 ">Read more here &nbsp;</a>

Reddit IPO hits high note, raises $748 million with top-end pricing: Report&nbsp;

In a significant development for the technology IPO market, social media giant Reddit has priced its initial public offering (IPO) at the pinnacle of its indicated range, raising a staggering $748 million.

<a href="https://www.wionews.com/business-economy/reddit-ipo-hits-high-note-raises-748-million-with-top-end-pricing-report-702528 ">Read more here &nbsp;</a>

India's Akasa Air stays upbeat on Boeing 737 MAX delivery schedule despite production concerns&nbsp;

Amid escalating concerns over Boeing's production schedule for its 737 aircraft series following a mid-air incident earlier this year, India's Akasa Air remains optimistic about the timely delivery of its ordered Boeing 737 MAX jets, affirmed the airline's CEO.

<a href="https://www.wionews.com/business-economy/indias-akasa-air-stays-upbeat-on-boeing-737-max-delivery-schedule-despite-production-concerns-702533 ">Read more here &nbsp;</a>

Intel embarks on $100 bn investment in US chip manufacturing expansion&nbsp;

Intel Corporation has announced a $100 billion spending initiative across four states in the United States, aimed at strengthening and expanding its chip manufacturing capabilities.

<a href="https://www.wionews.com/business-economy/intel-embarks-on-100-bn-investment-in-us-chip-manufacturing-expansion-702537 ">Read more here</a>

Hindenburg Research accuses Equinix of inflating profit metric,&nbsp;misleading investors&nbsp;

Hindenburg Research, renowned for its critical analyses of various companies, has set its sights on Equinix, an $80 billion data centre provider, accusing the company of presenting shareholders with an "AI pipe dream" while allegedly manipulating key metrics to enhance profitability.

<a href="https://www.wionews.com/business-economy/hindenburg-research-accuses-equinix-of-inflating-profit-metric-amid-allegations-of-misleading-investors-702542 ">Read more here</a>

Luxury giant Hermes faces antitrust lawsuit over exclusive Birkin bag sales&nbsp;

French luxury powerhouse Hermes finds itself embroiled in legal turmoil as it faces an antitrust class action lawsuit in California, centring on allegations of restricting the sale of its coveted Birkin handbags to customers deemed to have "sufficient purchase history" with the brand.

<a href="https://www.wionews.com/business-economy/luxury-giant-hermes-faces-antitrust-lawsuit-over-exclusive-birkin-bag-sales-702561 ">Read more here</a>

Chipotle shares surge beyond $3,000 following historic stock split announcement&nbsp;

Chipotle Mexican Grill's shares soared beyond the $3,000 mark for the first time on Wednesday, closing 3.5 per cent higher after the company's board of directors approved a monumental 50-for-1 stock split.

<a href="https://www.wionews.com/business-economy/chipotle-shares-surge-beyond-3000-following-historic-stock-split-announcement-702579">Read more here</a>

China's Deputy Central Bank Governor signals further monetary easing measures

Xuan Changneng, deputy governor of the People's Bank of China (PBOC), has emphasised the ample room for manoeuvring within China's monetary policy.

<a href="https://www.wionews.com/business-economy/chinas-deputy-central-bank-governor-signals-further-monetary-easing-measures-702584">Read more here</a>

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Federal Reserve holds rates steady amid high projections for 2024 rate cuts The US Federal Reserve has decided to maintain its benchmark interest rates at 5.

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Federal Reserve holds rates steady amid high projections for 2024 rate cuts The US Federal Reserve has decided to maintain its benchmark interest rates at 5.25-5.50 per cent for the fifth consecutive meeting, according to an announcement made after the Federal Open Market Committee (FOMC) meeting on March 20. Read more here US Justice Department set to sue Apple for alleged antitrust violations Apple is facing impending legal action from the US Justice Department, which is expected to file a lawsuit as early as Thursday. Read more here Reddit IPO hits high note, raises $748 million with top-end pricing: Report In a significant development for the technology IPO market, social media giant Reddit has priced its initial public offering (IPO) at the pinnacle of its indicated range, raising a staggering $748 million. Read more here India's Akasa Air stays upbeat on Boeing 737 MAX delivery schedule despite production concerns Amid escalating concerns over Boeing's production schedule for its 737 aircraft series following a mid-air incident earlier this year, India's Akasa Air remains optimistic about the timely delivery of its ordered Boeing 737 MAX jets, affirmed the airline's CEO. Read more here Intel embarks on $100 bn investment in US chip manufacturing expansion Intel Corporation has announced a $100 billion spending initiative across four states in the United States, aimed at strengthening and expanding its chip manufacturing capabilities. Read more here Hindenburg Research accuses Equinix of inflating profit metric, misleading investors Hindenburg Research, renowned for its critical analyses of various companies, has set its sights on Equinix, an $80 billion data centre provider, accusing the company of presenting shareholders with an "AI pipe dream" while allegedly manipulating key metrics to enhance profitability. Read more here Luxury giant Hermes faces antitrust lawsuit over exclusive Birkin bag sales French luxury powerhouse Hermes finds itself embroiled in legal turmoil as it faces an antitrust class action lawsuit in California, centring on allegations of restricting the sale of its coveted Birkin handbags to customers deemed to have "sufficient purchase history" with the brand. Read more here Chipotle shares surge beyond $3,000 following historic stock split announcement Chipotle Mexican Grill's shares soared beyond the $3,000 mark for the first time on Wednesday, closing 3.5 per cent higher after the company's board of directors approved a monumental 50-for-1 stock split. Read more here China's Deputy Central Bank Governor signals further monetary easing measures Xuan Changneng, deputy governor of the People's Bank of China (PBOC), has emphasised the ample room for manoeuvring within China's monetary policy. Read more here

WION Business Wrap | The top stories from the world of business & economy

Reddit has priced its initial public offering in the range of $31 to $34 per share. This has helped the social media platform raise $748 million from the markets. Reddit's shares will start trading on the New York stock exchange on Thursday. Watch to know more!

Reddit prices initial public offering between $31 & $34 per share

The International Monetary Fund is seeing a dramatic rise in borrowing from its member countries. This surge is being driven by a combination of factors creating economic instability around the world. The report explains what it means for the global economy.

IMF support hits $151 billion, aiding struggling economies

The RBI bulletin notes that underlying fundamentals indicate that 8% or higher growth can be sustained and even built upon. But economic growth is likely to face a tough challenge from higher food prices, which could delay any easing of interest rates. Watch in for more details!

RBI's monthly bulletin gives a thumbs up to India's growth story

The global aviation industry continues to grapple with the fallout of Boeing's never-ending list of technical troubles. Now, its European rival airbus says that Boeing's troubles are damaging the image of the entire industry. Watch in for more details!

Airbus: Take no pleasure in Boeing's technical problems

The US Department Of Energy (DOE) has significantly reduced its initial proposal for electric vehicle (EV) mileage rating cuts. The latest ruling offers a more gradual decrease, reaching a 65% reduction by 2030. This gives manufacturers more time to adjust and meet fuel economy requirements.

U.S. eases up on strict emission requirements for 2030

Consumer products giant Unilever has opted for a major rejig. As part of the restructuring, Unilever would spin off its ice cream unit and cut 7,500 jobs in a new cost-savings programme.

Company to spin off ice cream unit & trim 7,500 jobs to save costs

The global AI race has got yet another boost, thanks to market leader Nvidia. The chip maker has announced its latest AI chip 'B200', which is reportedly 30 times faster than its predecessors. Nvidia's latest innovation is not only likely to extend its market domination but also heat the AI race.

Latest chip is 30 times faster at some tasks than its predecessor

The company informed remote workers in a memo that they can continue working from home but they will not be considered for promotions. Dell has had a hybrid work culture long before Covid pandemic struck.

Dell's pulls the plug on work from home: No promotion if you are working from home

Sexual exploitation accounts for nearly three-quarters of 'obscene' illegal profits from forced labour, says UN agency. Watch to know more.

Profits from forced labour at nearly one-quarter of a trillion dollars: ILO