The bounce in technology companies helped U.S. markets close higher on Thursday, recovering some of their previous momentum. Volatility also decreased to record lows ahead of a busy economic and policy schedule the following week.

A new post-pandemic record low was reached for the CBOE Volatility index, also referred to as Wall Street’s fear barometer.

Discover how Tata Group, one of India’s largest conglomerates, has undergone transformation and growth through strategic shifts in the past year. From restructuring its organization to embracing digital innovation, strengthening sustainability efforts, and ensuring supply chain resilience, Tata Group has adapted to the evolving business landscape. Explore key milestones such as the acquisition of Air India, the launch of the Nexon EV, and Tata Steel becoming debt-free. Witness how Tata Group is poised to lead in its chosen markets.

McDonald’s India has partnered with Simpl to provide online payment options. 

McDonald’s India is a prominent fast-food restaurant that has operated in the nation since 1996. The brand, which is a joint venture between McDonald’s Corporation and Indian merchants, has over 400 shops throughout the nation and serves burgers, fries, and other fast food options.

Lionel Messi has chosen to join Inter Miami in Major League Soccer, turning down a lucrative $400 million deal from Saudi Arabia. The move strengthens partnerships with Apple and Adidas while dealing a blow to Saudi Arabia’s sports ambitions. Miami prepares to host the World Cup as Messi ventures outside Europe for the first time.

When electric Vehicles were not the talk of the town, Zypp Electric, a prominent last-mile delivery fleet management firm, leaped into the EV-based ecosystem. Akash Gupta and Rashi Agarwal founded the electric scooter provider firm in 2017 with the goal of assisting India in embracing sustainable transportation and reducing pollution.

The Monetary Policy Committee (MPC) has maintained its economic growth projections for the 2023-24 financial year at 6.5%. While the first two quarters are expected to deliver slightly more growth,

According to the most recent statistics from the top recruitment, platform found it, India Inc’s recruiting activity fell 7% in May compared to last year, as employers across most industries remained cautious in adding to their payrolls owing to persistent macroeconomic uncertainties and global challenges. 

GRM Overseas, a renowned exporter of basmati rice from India, is preparing to establish itself as a consumer staple firm in the home market. 

According to government sources, oil marketing companies (OMCs) are expected to reduce prices of petrol and diesel. The companies have shown positive quarterly results and have almost recovered their losses, indicating a return to normalcy.

The expectation for lower fuel prices stems from the fact that OMCs no longer face under-recoveries in petrol and diesel. Additionally, an oil production cut by one of the members of the Organization of the Petroleum Exporting Countries (OPEC) is believed to have minimal impact due to emerging alternative markets.

Zen Technologies surges 10% after winning an order worth Rs 202 crore from Defence Ministry

OpenAI CEO Sam Altman has revealed that the company is not currently training GPT5, the successor to GPT4, stating that there is still much work to be done. Altman emphasizes the need for safety audits and cautions against the rapid advancement of AI technology, addressing concerns raised by researchers and executives.

European manufacturer, Thyssenkrupp AG’s marine arm and Mazagon Dock Shipbuilders Ltd. will jointly build submarines for the Indian navy, signaling India’s efforts to diversify its military equipment sources. The collaboration aims to reduce reliance on Russia and counter China’s assertiveness. Germany supports this move to bolster its strategic partnership with India and supply modern military gear.