UAE Exit from OPEC May Reshape Oil Market
The United Arab Emirates has opted to leave OPEC and the wider OPEC+ coalition as of May 1, a move that may shift global oil market dynamics amid intense geopolitical tensions. The decision gives the UAE flexibility over production, thus freeing it from output quotas that would stabilise prices. Given that it’s one of the biggest…
Bhumika
India Ranks 5th in Global Military Spending
As of 2025, India is the largest military spender in the world according to a report from the Stockholm International Peace Research Institute (SIPRI). The increase in India’ defense expenditure is a result of an increasing number of changing security threats that must be addressed by growing military budgets. According to reports, India increased their…
Shipra Prajapati
India Signed a $20 Billion Trade Deal with New ZealandÂ
India and New Zealand signed a Free Trade Agreement (FTA) on Monday after many years of talks. The FTA is called a ‘once-in-a-generation’ trade deal, which was signed by Commerce and Industry Minister Piyush Goyal and New Zealand Trade and Investment Minister Todd McClay in Delhi. The trade between the two countries emphasises reducing taxes…
Yash Sharma
Sun Pharma Strikes $11.8 Billion Deal to Buy Organon
Sun Pharmaceutical Industries has announced that it will acquire Organon & Co., a deal that will cost around $11.75 billion in total cash, which includes the amount to pay off Organon’s debt obligation. Under this agreement, Sun Pharma will be paying $14 per share in order to acquire all of Organon’s stock. This amount is…
Himanshu
Hyundai Profit Falls 31% Amid the Tensions in West Asia
The West Asia conflict between the US and Iran has set off a domino effect that is starting to affect business in Asia. One of the region’s premier car manufacturers, Hyundai, is now recording a sharp decline in its revenue. According to their latest filings, the company saw a 31% decline in Q1 revenue and…
ABHYUDAYA MITTAL
RBI Engages Global Regulators on AI Cyber Risks
The Reserve Bank of India has initiated discussions with global regulators, domestic lenders, and government authorities to assess potential risks associated with Anthropic’s advanced artificial intelligence model, Mythos. Preliminary results suggest our model might speed up the identification and exploitation of software weaknesses, which could be a concern for cybersecurity in the banking sector. Officials…
Nestle India’s profit increased on strong demandÂ
Due to increased interest in their packaged food products, Nestle India’s profit increased significantly compared to last year. Net profits for the quarter ending March 31, 2016, was ₹11.14 billion up from ₹8.85 billion for the same quarter one year earlier 26% revenues for the March quarter grew 23% to ₹67.485 billion also indicating the…
Khushi Bhadauria
Piyush Goyal Puts India as a Top Investment Hub Globally
Recently held India-Korea talks have yielded favorable results for the Indians. However, the highlight of the commerce minister Piyush Goyal’s address has been the talk of the town. Speaking at the India-Korea Business Forum, Goyal said India has consistently pushed to improve the compliance framework and ease of doing business for domestic and foreign investors. …
Odisha Takes First Steps Towards India’s Chip Unit
In the next step to bolster India’s place in today’s semiconductor race, Odisha CM Mohan Majhi and IT Minister Ashwini Vaishnaw laid the foundation stone of a 3D chip packaging unit in Bhubaneshwar. The unit is being set up by Heterogeneous Integration Packaging Solution Pvt Ltd, a fully owned subsidiary of the US’s 3D Glass…
From Resumes to Interviews: How AI Is Reshaping Every Step of Hiring
AI is revolutionising hiring faster than many realise. Almost every step of the hiring process…from when a resume is submitted to final interview stage…now uses Artificial Intelligence. As a job seeker or a recruiter reviewing thousands of applicants, AI tools are changing everything. Including: If you haven’t started learning about hiring AI yet, now’s the…
John David