Business News

The Cabinet Committee on Economic Affairs (CCEA) led by Prime Minister Narendra Modi on November 25 approved three major railway projects with a combined investment of Rs 7,927 crore.  The projects include the construction of the following railway lines: the 160-km Jalgaon-Manmad 4th line, the 131-km Bhusawal-Khandwa 3rd and 4th lines, and the 84-km Prayagraj … Read more

AdrianHancu/iStock Editorial via Getty Images Tesla’s (NASDAQ:TSLA) meteoric climb since President-elect Trump’s victory has added another $350M to its market cap as the expectation for a relaxed regulatory environment is more favorable to Tesla (TSLA) than its competitors, in both electric vehicle production

Check out what’s clicking on FoxBusiness.com. Hyundai and Kia are recalling over 200,000 vehicles because their integrated charging control units could experience issues that could result in a loss of drive power and pose a safety hazard. The ICCUs in Hyundai’s approximately 145,200 recalled model-year 2022-2024 Ioniq 5, 2023-2025 Ioniq 6, 2023-2025 Genesis GV60, 2023-2025 … Read more

By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Court advisers have billed nearly $30 million for a stalled auction of shares in a parent of Venezuela-owned oil refiner Citgo Petroleum, raising the ire of creditors that have waited years to get compensation. Citgo, the crown jewel of Venezuela’s overseas assets, sits at the center … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former chief UK negotiator for Brexit and three serving Whitehall department chiefs have made the shortlist to become the next cabinet secretary, with an announcement expected as soon as this week. Sir Keir Starmer … Read more

For a decade, the crypto firm Tether has built itself into one of the world’s wealthiest financial institutions, recently surpassing even mighty BlackRock in profits. Today, Tether’s eponymous stablecoin, a digital token pegged 1:1 to the U.S. dollar is one of the world’s major currency and the company, which has long operated in the financial … Read more

The Union Cabinet on November 25 approved the ‘One Nation One Subscription’ scheme, aimed at providing nationwide access to scholarly research articles and journal publications.  The government has allocated approximately Rs 6,000 crore for the scheme over the next three calendar years — 2025, 2026 and 2027 — as part of a new central sector … Read more

Franklin U.S. Large Cap Multifactor Index ETF declares CAD 2.299 dividend