In the fourth quarter, Berkshire Hathaway reported operating earnings of $8.481 billion, derived from profits across its insurance, railroads, and utilities businesses.

The company exceeds Wall Street’s expectations by achieving a 265% increase in sales, thanks to what it calls a significant moment for AI.

In May 2023, Razorpay began relocating its parent company from the US to India, in preparation for its listing on Indian stock exchanges.

Olectra Greentech will also handle the maintenance of these electric buses throughout the contract, with delivery scheduled over 18 months.

Jio Financial Services has seen its shares surge by over 48% in the last three months and by more than 40% year-to-date (YTD), resulting in its market capitalization surpassing ₹2 lakh crore.

Nvidia’s shares have surged 36% this year, making it the best-performing stock in the S&P 500 index, and contributing significantly to the index reaching record highs in 2024.

Grasim Industries, a division of the Aditya Birla Group, steps into the paint industry with Birla Opus, adding to the competition in decorative paints. Grasim aims to secure a strong position, doubling its investment to Rs 10,000 crore for paints in FY23, with aspirations to become a profitable second player. The Indian paints and coatings sector is projected to expand to Rs 1 lakh crore in the upcoming five years.

Nvidia has benefited greatly from the recent tech industry focus on large AI models, which are built using the company’s expensive graphics processors designed for servers.

Walmart’s PhonePe launches Indus Appstore in India to rival Google’s Play Store. The platform offers 200,000+ apps and games in 12 Indian languages, with no developer listing fees until 2025.

The government has approved a Rs 25 hike in the Fair and Remunerative Price (FRP) for sugarcane growers, setting it at Rs 340 per quintal for the 2024-25 season. This decision, made during a meeting of the Cabinet Committee on Economic Affairs (CCEA), aims to benefit over 5 crore sugarcane farmers and ensure their prosperity. Effective from October 1, 2024, the new FRP is 107% higher than the cost of production, marking the highest increase since 2014. This move underscores the government’s commitment to doubling farmers’ income and comes ahead of the general elections.