thebusiness 
NEW YORK — Luigi Mangione sat expressionless in a New York courtroom on Monday as prosecutors presented a series of surveillance videos they say capture both the shocking killing of UnitedHealthcare CEO Brian Thompson and the suspect’s eventual arrest. The footage, some of which had never been made public before, formed the centerpiece of a … Read more
EdTech unicorn PhysicsWallah delivered strong FY25 results, achieving operating revenue of ₹2,886.6 crore and total income of ₹3,039.1 crore, marking a 49% year-on-year growth from ₹1,940.7 crore in FY24. The Noida-based company crossed the significant revenue ₹3000 crore milestone ahead of its planned initial public offering. Most notably, PhysicsWallah dramatically narrowed losses by 78% to … Read more
Donald Trump fired off another late-night Truth Social post on 30 July, roasting India and Russia as “dead economies tethered together.” Then, true to form, he added teeth: a blanket 25% tariff on every Indian import. No trial balloons, no phased rollout. Just boom. New rules kick in on 1 August. Bluster aside, a tariff … Read more
Indian equity markets delivered a robust performance on Tuesday August 19, with the Sensex 370 Points Up at 81,644.39 and the Nifty 25000 mark tantalizingly close at 24,980.65, marking the fourth consecutive session of gains for benchmark indices. Market Leaders Drive Rally The day’s stellar performance was anchored by heavyweight stocks, with Tata Motors Rally … Read more
José Mourinho has completed a remarkable circle in his illustrious career, returning to Benfica as head coach exactly 25 years after beginning his managerial journey at the Portuguese giants in September 2000. The “Special One” signed a contract until 2027, marking his emotional homecoming to the club where his coaching legacy first began. The José … Read more
The ongoing US government shutdown, now entering its sixth day, is creating mounting urgency around crucial food assistance programs that serve millions of vulnerable Americans. The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) faces the most immediate threat, with experts warning that funding could dry up within two weeks unless Congress resolves … Read more
Paris Olympics wrestling news took a shocking turn as bronze medallist Aman Sehrawat suffered a devastating blow at the World Wrestling Championships in Zagreb. The Aman World Championship disqualification occurred after the 22-year-old was found to be 1.7kg overweight during the official weigh-in for the men’s freestyle 57kg category. Olympic Glory to Championship Heartbreak The … Read more
The tone around GBP/USD has tilted bearish. A resurgent U.S. dollar, helped along by the latest bout of Fed uncertainty, is pressuring the pair, and sentiment feels fragile. The pound has tried to build momentum a few times this month; it hasn’t really stuck. Dollar Strength Returns The dollar’s rebound gathered pace after July’s FOMC … Read more
The Indian fintech landscape witnessed a remarkable transformation as digital gold platform Jar achieved the coveted startup turns profit milestone, becoming one of the few profitable wealthtech India companies to crack sustainable growth after years of aggressive expansion. The Bengaluru-based startup’s journey from burning cash to generating profits exemplifies how strategic pivots can transform high-growth … Read more
Ahmedabad-based D2C beauty startup Renee Cosmetics has doubled its valuation in just over a year, underscoring its sky-rocketed growth in India’s booming cosmetics sector. As of June 2024, Renee Cosmetics valuation 2025 stood at approximately ₹1200–₹1400 crore after raising ₹100 crore in a Series B round led by existing investors, Evolvence India and Edelweiss Group. Fast forward … Read more