profit

IREDA reported a significant surge in financial performance for Q4 FY25 and the entire fiscal year. The company's profit after tax soared by 49% to Rs 502 crore in Q4, with revenue from operations increasing by 37% to Rs 1,904 crore.

Japan seeks quick resolution to US tariffs as profits decline. Economic Revitalisation Minister Ryosei Akazawa will negotiate in Washington this week. He aims to review Trump's tariffs. Japanese firms are major US investors. Vehicles form a large part of Japan's exports to the US. Prime Minister Shigeru Ishiba discussed the tariff impact with Singapore's Prime Minister Lawrence Wong.

Goldman Sachs announced a robust 16.6% profit surge for the first quarter, reaching $4.6 billion, surpassing analyst predictions. This growth was fueled by exceptional equity trading and financing performance, offsetting losses from public stock market investments. Revenues climbed to $15.1 billion, a 6% increase, driven by a 27% surge in equity trading revenue.

In Schedule 1, the gold bar glitch at the Bleuball’s Boutique and at the Mick’s Pawn Shop comes with a lucrative, and risk-free way for amassing huge wealth. The players can purchase unlimited gold bars for $10,000 each. It can then be sold for profit. It can even help to double the investment but with a strategic haggling.

Vinod Kumar from Rajasthan was apprehended for running a Ponzi scheme called ‘Dollar Win Exchange,’ defrauding 150 individuals. He lured victims through WhatsApp groups with promises of high monthly returns, initially paying small profits to gain trust. After collecting substantial investments, he ceased payments and reinvested the funds in cryptocurrency, leading to his arrest.

JPMorgan Chase's first-quarter net income soared to $14.6 billion, a 9% increase, fueled by a robust performance in its markets division, particularly equities trading. Despite exceeding Wall Street forecasts, CEO Jamie Dimon expressed concerns about escalating trade tensions and global uncertainties.

In a twist to the ongoing legal battle, a dozen former OpenAI employees are challenging the AI startup's shift to a for-profit model, siding with Elon Musk. They argue that altering the corporate structure violates OpenAI's original mission. This follows OpenAI's lawsuit against Musk, with a jury trial set for spring 2026.

Zerodha CEO Nithin Kamath advises investors to pause trading during the holiday-shortened weeks due to increased market volatility. He emphasizes the significance of mental clarity for successful trading, suggesting investors recharge during the break. Kamath warns against trading in unfavorable conditions, highlighting the importance of waiting for optimal market conditions and a peak mental state to ensure long-term success.

OpenAI has countersued Elon Musk, alleging a campaign of harassment and bad-faith tactics aimed at disrupting the company. The lawsuit claims Musk repeatedly attacked OpenAI publicly, filed harassing lawsuits, and made a sham takeover bid.