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Disney India Agrees To Sell Its 60% To Viacom18

Disney India Agrees To Sell Its 60% To Viacom18

Broadcasting companies Sony and Zee were in talks of merging, but that fell apart due to financial and internal issues. However, in a historic deal, Disney India has now come to a preliminary agreement to sell 60% of its business to Reliance’s Viacom18. This means most of Disney’s business rights will go to Viacom18 and…

Union Budget 2024-25: What To Expect?

Union Budget 2024-25: What To Expect?

Finance Minister of India, Dr Nirmala Sitaraman, will present the 2024-2025 union budget today, February 1, with high expectations for the healthcare, education, infrastructure, and income tax fronts. With this new budget, the government hopes to sustain the nation’s economic growth and attain a lower than previous year and acceptable fiscal deficit target. In its…

Ongoing Red Sea Crisis Builds Pressure On Asian Exporters

Ongoing Red Sea Crisis Builds Pressure On Asian Exporters

The crisis in the Red Sea region is still going on, and now, it has started to mount pressure on Asian exporters, especially those that ship their goods to Europe. Moreover, the probability of attack has caused  Asian exporters to take longer routes to their destination, which is causing disruptions in shipping times and freight…

The Rise of Air & Drone Attacks Across the World 

The Rise of Air & Drone Attacks Across the World 

The resurgence of air and drone attacks on several parts of the Middle East is indicating that the region is on the edge of a broader war.  There are intense discussions on social media regarding the Israel-Hamas conflict. Many people express sympathy for Israel, which faced an unprecedented attack by Hamas in October 2023, while…

Bernard Arnault Takes Top Spot As World’s Richest Person

Bernard Arnault Takes Top Spot As World’s Richest Person

Bernard Arnault, the owner, chairman and CEO of French luxury goods brand LVMH, has now overtaken Elon Musk as the richest man in the world. According to Forbes Magazine, Bernard Arnault has accumulated a net worth of $207.4 billion after shares of his company soared, accounting for a $23.6 billion increase in his net worth….

Bullet Train Finally On The Fast Track 

Bullet Train Finally On The Fast Track 

In September 2017, Japan’s former Prime Minister Shinzo Abe and India’s Prime Minister Narendra Modi participated in a groundbreaking ceremony for India’s inaugural bullet train in Gujarat Since then, after facing numerous hurdles on the way, there has been a palpable aura of exhilaration as recent reports indicate that the high-speed bullet train program is…

India Celebrated its 75th Republic Day 

India Celebrated its 75th Republic Day 

On 26th January, India celebrated its 75th Republic Day. On 26th January 1950 India, which became an independent nation on 15th August 1947, became a republic.  On India’s Independence Day, our country’s freedom from British’s colonial rule is being celebrated, while Republic Day in India is celebrated to commemorate India’s becoming a republic state through…

Asian Nations In Generative AI Race Amid U.S. Dominance

Asian Nations In Generative AI Race Amid U.S. Dominance

The race for generative AI has started, and nations worldwide are trying their best to keep up with the big dogs. The United States of America is the biggest player in this race, all thanks to its giant tech companies like OpenAI, Google, Amazon, and Microsoft. These companies have ample funds and talent to tap…

Indian Stock Market Becomes 4th Largest In The World

Indian Stock Market Becomes 4th Largest In The World

India has achieved another feat by overtaking Hong Kong to become the 4th largest stock market in the world. The total value of listed shares in the Indian market reached $4.3 trillion as of Monday’s close, whereas Hong Kong’s market stood at $4.39 trillion. This makes India’s BSE the 4th biggest market in the world….

Sony Denies To Extend Merger Deadline, Zee Requests

Sony Denies To Extend Merger Deadline, Zee Requests

Sony and Zee were going through a merger whose deadline was supposed to end on 21 January at midnight.  However, after Zee failed to file a response, Sony has withdrawn the deal and is not keen to extend it anytime soon. The first official merger request was made in December 2021, and after three years…