Business

Elon Musk’s net worth is tied mainly to these two companies – SpaceX and Tesla. (AI image) Who wants to be a millionaire? Several years ago an American show highlighted people’s aspiration of reaching the 7-digit figure. Almost three decades later, the world has got its first trillionaire – Elon Musk. A figure that has…

How do you measure a trillion dollars? Start with the zeroes. A trillion is written as $1,000,000,000,000 — a one followed by 12 zeroes. Yet even that barely captures its scale. As SpaceX’s market debut pushes Elon Musk towards what could become the world’s first trillion-dollar personal fortune, the number is so large that it…

India’s king of fruits is sweet, fragrant and beloved across continents. Every summer, Alphonso, Kesar, Dasheri, Langra and Chausa mangoes trigger memories of family gatherings, school vacations and seasonal indulgence.Yet India’s position in global trade tells a very different story.For a country that dominates global production, it contributes only about 2-3 per cent of global…

US stocks drifted on Friday as falling oil prices supported sentiment, while investors turned their attention to the highly anticipated stock market debut of SpaceX, a closely watched test of appetite for artificial intelligence-related investments, according to AP.The S&P 500 rose 0.1%, while the Dow Jones Industrial Average gained 270 points, or 0.5%, as of…

India’s foreign exchange reserves declined by $711 million to $681.610 billion in the week ended June 5, dragged down by a sharp fall in foreign currency assets, according to data released by the Reserve Bank of India (RBI) on Friday, PTI reported.The decline follows an increase of $938 million in the previous reporting week, when…

Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China, where demand is being driven by the perceived “nutritional and medicinal properties” of such products, according to the Pakistan Economic Survey 2025-26 as reported news agency PTI.The survey, released on Thursday by finance minister Muhammad Aurangzeb, identified donkey meat exports…

Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.Food inflation also increased during the month, with the Consumer Food Price Index (CFPI)-based inflation rate rising to 4.78% from 4.20% in April, the government data showed.The CPI…

SpaceX’s Wall Street debut is just hours away, and investors are betting that Elon Musk‘s aerospace empire could be worth more than $2 trillion once it starts trading publicly. According to shadow and prediction markets, there is strong excitement surrounding the aerospace giant ahead of one of the most closely watched stock market listings in…

The US, country that once refused to export its fuel, has now climbed to the top spot in the global oil export rankings, overtaking crude heavyweights such as Saudi Arabia and Russia. As the world continues to feel the ripples of the ongoing Middle East crisis, US exports of crude and fuel reached around 10.5…

“Indian equity markets are expected to open on a strong positive note, with Gift Nifty trading around 23,456, up by 255 points, indicating robust opening cues for domestic indices. Global sentiment remains supportive amid easing concerns over major geopolitical developments and improving risk appetite across international markets. Positive global cues, coupled with stability in key…