HeadlinesGovt allocates Rs355bn to SOEs in FY26, up 80% YoY
SOE reforms and privatisation plan to continue amid rising fiscal burden
Jun 11, 2025
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Headlines
HeadlinesRemittances surge to $3.68bn in May, pushing FY25 inflows to nearly $35bn
Worker remittances up 29% in 11 months; May sees 16% monthly jump amid strong inflows from Gulf, UK, and US
Jun 11, 2025
TechNvidia CEO says quantum computing at a turning point
Jensen Huang says quantum computing is expected to solve problems that would take years for Nvidia's most advanced AI systems to handle
Jun 11, 2025
World Business NewsNintendo sells over 3.5 million Switch 2 units in first four days
Nintendo says it expects to sell 15 million Switch 2 units by the end of the current financial year in March
Jun 11, 2025
World Business NewsBoeing books 303 new orders ahead of Paris Air Show
Qatar Airways places the largest widebody jet order in Boeing's history, with 130 787s and 30 777Xs, plus options for another 50 aircraft
Jun 11, 2025
World Business NewsMusk says some of his posts went too far in criticizing Trump
Tesla shares in Frankfurt rise 2.7% after Musk's statement
Jun 11, 2025
World Business NewsGlobal pressure mounts on Trump to avoid new aircraft tariffs
Documents from the U.S. Commerce Department show concerns from Canada, China, Japan, Mexico, Switzerland, the EU, and industry players
Jun 11, 2025
AutomobileTesla plans to launch robotaxi rides in Austin on June 22
CEO Elon Musk says that the date may change, depending on safety concerns
Jun 11, 2025
TechSnap to launch its first smart glasses for consumers in 2026
CEO Evan Spiegel says Snap has invested over $3 billion in AR glasses over the past 11 years
Jun 11, 2025
World Business NewsWorld Bank cuts global growth forecast for 2025 to 2.3%
In its latest report, World Bank reduces growth projections for nearly 70% of economies, including the U.S., China, and Europe
Jun 11, 2025
World Business NewsMexico’s central bank expected to cut rates again in June
Inflation climbs to 4.42% in May, its highest level since November, while core inflation rises to 4.06%, the highest in almost a year
Jun 11, 2025
TechMeta rolls out direct messaging on Threads in select markets
Messages on Threads will not be encrypted for now
Jun 11, 2025