Latest business News & Analysis - Aziz Times

India is expected to remain the fastest growing among the major economies at a pace of 6.7% in both FY26 and FY27, according to the latest Global Economic Prospects (GEP) report of the World Bank. While the projection for FY26 is unchanged from June 2024, growth for FY27 has been revised downwards by 0.1 percentage point. ...

GAWADAR, Pakistan - Pakistan International Airlines (PIA) achieved a historic milestone by operating its first international flight from the new Gwadar International Airport to Muscat. ...

DUBLIN, Ireland: The number of new homes built in Ireland dropped by 6.7 percent last year compared to 2023, according to data released by the Central Statistics Office (CSO). In total, 30,330 new homes were completed in 2024. The figures reveal a notable decline in apartment completions, which fell by 24.1 percent to 8,763 units. ...

Infosys Ltd., the IT services giant, has raised its revenue growth forecast for the financial year 2025 to a range of 4.5% to 5% in constant currency terms. This is an increase from the previous projection of 3.75% to 4.5% made at the end of the September quarter. ...

UCO Bank has released a notification for the recruitment of Local Bank Officers at the organization. Interested and eligible candidates can apply online on the official website of UCO Bank, ucobank.com. The application process has already begun, and there are a total of 250 vacancies to be filled through this recruitment drive. ...

The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight months. The rate rose to 7.04% from 6.93% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.6%. It has risen for five straight weeks. ...

The rupee extended its recovery for the second straight session and settled with a gain of 13 paise at 86.40 (provisional) against the US dollar on Wednesday, tracking favourable cues from domestic equity markets and softening crude oil prices. ...

New Delhi, Jan 16 (PTI) - Reliance Retail, the country's leading retailer, is making a bold move into the luxury segment by introducing Saks Fifth Avenue, an iconic American luxury department store chain, to the Indian market. This strategic expansion was revealed in Reliance Industries' earnings statement on Thursday. ...

Kevin Morrell, principal with St. Louis developer Green Street, has filed for personal bankruptcy protection listing millions in liabilities tied to the troubled company's projects. ...

Gaylord Opryland Resort & Convention Center will celebrate its 50th birthday in 2027 with the completion of a $224 million renovation and expansion project. The goal of the project is to ensure Opryland remains the flagship property for Ryman Hospitality Properties Inc. (NYSE: RHP), attract more premium corporate groups, and evolve alongside Nashville. ...

Skoda Auto India has just announced that the newly launched Skoda Kylaq sub-compact SUV has received a 5-star crash safety rating from Bharat NCAP for both adult and child occupant protection. The compact SUV achieved a score of 30.88 out of 32 points in adult occupant protection and 45 out of 49 points in child occupant safety. ...

NEW DELHI, Jan 16: Appellate tribunal NCLAT on Thursday admitted the petitions filed by Meta Platforms and Whatsapp against an order passed by fair trade regulator CCI which imposed a penalty of Rs 213.14 crore for abuse of market dominance. ...

Ecommerce major Amazon has signed an agreement to acquire fintech lending startup Axio, formerly Capital Float. In December, after successful completion of due diligence, we signed an agreement with Amazon for a proposed acquisition of Axio. The transaction will now await the required regulatory approvals, Axio said in a blog post. ...

The government has given another big facility to the central employees by allowing them to travel in luxury trains like Tejas, Vande Bharat, and Humsafar for free under LTC. ...

TCF vendors play a crucial role in the digital advertising ecosystem by collecting and processing various types of data to deliver targeted ads to users. In this article, we will delve into the details of some of the key TCF vendors and the data they collect. ...

Lauding 'Startup India' as a transformative programme, Prime Minister Narendra Modi said on its ninth anniversary on Thursday that the initiative has propelled India to become one of the largest and most vibrant startup ecosystems globally. ...

MUMBAI: In a significant reset to its liquidity management framework, the Reserve Bank of India (RBI) will conduct variable reverse repo (VRR) auctions on all working days until further notice amid tight liquidity. ...

Bank customers in Tamil Nadu need to be aware of the upcoming bank holiday on January 16th for Uzhavar Thirunal, a public holiday celebrating the harvest-end thanksgiving. While banks in Tamil Nadu will remain closed on this day, customers in other states can continue with their usual banking transactions. ...

Washington: Hindenburg Research, a US-based financial research firm known for short-selling and whose findings caused Indian billionaire Gautam Adani and his firms to lose billions of dollars, announced on Wednesday that they are winding up. “As I’ve shared with family, friends and our team since late last year, I have made the decision to disband Hindenburg Research. ...

A new report by Reuters reveals that the Dangote Petroleum Refinery retained 13% of Nigeria's crude oil exports for domestic supply in 2024. This development increased Nigeria's domestic share of oil exports from the previous year and slightly reduced exports to Europe. ...

Reporter Rosanna Kingsun and news anchor Samantha Heathwood were stopped by a roving reporter from the Getahead jobs app and were each asked about their profession, what it entails and how much it earns them – and they happily obliged. ...

Have you ever experienced a strange occurrence that left you perplexed and wondering, "Why did this happen?" The world is full of mysteries and unexplained phenomena that continue to baffle even the most seasoned researchers and experts. ...

The Cow Milk Marketers Association at Wanbai Market, Kano State, has reported a rise in daily sales to N200m. This increase in sales is attributed to the market's rehabilitation by the state government and the Islamic Development Bank. ...

She said, “We also see that through the financial service agent network in local communities, agents are extending formal financial services to about 11 million Nigerians who are not banked but are actively engaged in financial offerings. This tells us the power of technology to reach the excluded underserved. ...

The rupee depreciated 13 paise to close at a fresh record low of 85.65 (provisional) against the US dollar on Tuesday, marking a 3 percent loss for the year due to significant foreign fund outflows and a strong greenback in global markets. ...