IndiGo faced a Rs 986.7 crore loss in Q2 July-Sept quarter, ending a streak of seven profitable quarters. The loss is attributed to high fuel costs and a high number of grounded planes due to Pratt & Whitney engine issues. Despite the losses, the airline’s revenue grew by 14.6% YoY. Read More
India’s foreign exchange reserves fell to $688.2 billion by Oct 18, marking a third consecutive week of decline with a drop of nearly $2.2 billion. The decline follows a $14.5 billion decrease over the previous two weeks, partly offset by a $1.8 billion rise in gold holdings. Read More
Nvidia has surpassed Apple to become the world’s most valuable company, thanks to a remarkable surge in demand for its advanced AI chips. Nvidia’s market value briefly hit $3.53 trillion, edging out Apple’s $3.52 trillion. The rally follows significant gains and strategic partnerships, including a recent funding round by OpenAI and strong profit reports... Read More
Satya Nadella, Microsoft’s CEO, saw a 63% jump in his FY24 compensation, reaching $79.1 million, largely fueled by stock awards amid the company’s valuation exceeding $3 trillion. Despite this, Nadella requested a reduction following multiple cybersecurity breaches. The company’s shares rose by 31.2% by June 30, 2024. Read More
October 26, 2024, brings mixed outcomes for Capricorns. Financial relief is expected as blocked money is recovered, but emotional challenges may arise. Caution is advised in relationships and while traveling. Students should focus on their academics, and professionals must remain determined despite dissatisfaction. Prioritize mental and physical health. Read More
North Korean troops are set to be deployed by Russia in Ukraine this weekend, escalating the conflict and raising global tensions. Ukrainian intelligence reports about 12,000 North Korean soldiers, including officers and generals, being prepared for combat, with initial deployments likely in the Kursk region. Read More
Aquarius natives experience a relaxed and joyful day on October 26, 2024, conducive to social interactions and family time. Romantic relationships flourish, while professional and financial situations remain stable. However, attention to health, particularly regarding the urinary system, is advised. Read More