Business

Warren Buffett retires from Berkshire Hathaway, naming Greg Abel as successor to ensure the company’s future success. Source

India Business News: An Air India Dreamliner 787-8, flight AI 171 carrying 242 people to London, tragically crashed in Ahmedabad shortly after takeoff. The airline is arra Source

With cash burn down, Munjal said that Unacademy is steering clear of acquisition-led growth – calling it a failed strategy in edtech – to focus instead on core business profitability, product innovation, and disciplined execution. Source

Oil companies update petrol and diesel prices daily at 6 AM based on global crude oil prices and exchange rates. Check city-wise prices for May 4, 2025. Source

India Business News: Air India’s CEO, Campbell Wilson, expressed deep sorrow following the crash of a Boeing 787-8 shortly after takeoff from Ahmedabad, bound for London, Source

Spain and Portugal Power Outage News Update: The latest incident is likely to surpass Europe’s largest blackout to date, when over 50 million people in Italy and Switzerland were left without electricity for up to 12 hours in 2003. Source

India Business News: The EPFO has significantly accelerated claim settlements, processing nearly half within three days due to increased automation. As of June 5, 2025, 68 Source

OpenAI has said that the products which will be shown following a user’s query are selected by ChatGPT independently and are not advertisements. Source

Warren Buffett announces retirement as Berkshire Hathaway CEO by end of 2025, Greg Abel to succeed him. Global leaders react to the news. Source