Economy News ( English version)

Bill Ackman’s net worth has soared to $9.2 billion in 2025, driven by Pershing Square’s huge profits from Fannie Mae and Freddie Mac stocks. Here’s how he did it.

Private credit’s effort to finance investment-grade companies is going to come down to its partnerships with banks, according to Apollo Global Management Inc. President Jim Zelter.

Mumbai Police's Economic Offences Wing (EOW) recorded Bollywood actor Shilpa Shetty's husband Raj Kundra's statement on Monday in an alleged case related to cheating a businessman of ₹60 crore.

FIVERR-LAYOFFS/:Online marketplace Fiverr to lay off 30% of workforce in AI push

Google's parent company, Alphabet's market capitalisation (M-Cap), jumped over $3 trillion amid the Big Tech's AI momentum in the US market. 

India and the US are set to resume in-person trade discussions in New Delhi on August 27, following a period of strained relations marked by US tariffs on Indian goods due to Russian oil purchases.

UCO Bank, an Indian lender, has received government approval to facilitate trade payments for Nayara Energy, which was sanctioned by the EU. This move comes after large financial institutions shunned Nayara due to its part-ownership by Russian oil major Rosneft.

India's goods exports experienced a 6.7% increase in August, reaching $35.1 billion, driven by electronics, engineering goods, and gems and jewellery, while imports fell 10.1% to $61.6 billion. This led to a narrowed merchandise trade deficit of $26.5 billion. The government is actively identifying 100 products to reduce import dependency and enhance do […]

The Income-tax department is scrutinizing social media content creators, script writers, and consultants who have filed returns under Section 44AD, questioning their eligibility. The department believes some should have filed under Section 44ADA, meant for specific professionals. However, many don't qualify under the 44AA list, creating a dilemma and po […]

Macquarie Asset Management has initiated the sale of its extensive Indian road portfolio, valued at approximately ₹10,000 crore, and has appointed JP Morgan as the advisor. The portfolio, comprising nine toll road projects across Andhra Pradesh and Gujarat, has been divided into three bundles to attract a wider range of potential buyers.