Business News LIVE Updates: Sep 15, 2024 – Real-time updates on the biggest news from the world of business, stock market and more
The business world is abuzz with the latest updates on September 15, 2024. One of the biggest news stories making headlines today is the significant drop in value experienced by Trump Media & Technology Group Corp., the owner of the social media platform Truth Social. The company has reportedly lost nearly $6 billion in value over the past four months, causing concern among investors and industry experts.
Former President Donald Trump’s foray into the media industry seemed promising initially, but the recent downturn in the company’s fortunes has raised questions about its future. The rapid decline in value has sparked a race among stakeholders to exit the company, further exacerbating the situation.
In other news, the festive season has brought a surge in sales of auto and consumer electronics, thanks to attractive discounts and offers. Reports indicate that up to 30% of annual sales for electronics, smartphones, and automobiles come from festivals like Onam, Navratri, Dussehra, and Diwali.
Additionally, the deadline for free Aadhaar updates has been extended to December 14, allowing individuals more time to make necessary changes to their Aadhaar details. Documents such as ration cards, voter IDs, domicile certificates, passports, and passbooks can be used to update Aadhaar information.
Moreover, foreign investors have shown confidence in the Indian stock market by pumping ₹16,881 crore into Indian stocks this week. This influx of foreign capital reflects a bullish stance on the Indian economy and its growth prospects.
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