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According to a Bloomberg report, Musk has now seen his wealth drop to $137 billion following a recent drop in Tesla shares.

Mumbai: Snapping 10 consecutive weeks of decline, India’s foreign exchange (forex) reserves rose by USD 4.23 billion to USD 597.509 billion for the week ended May 20, the Reserve Bank of India (RBI) data showed. This is the first increase in India’s forex reserves in the past 11 weeks. The forex reserves had declined by […]

iPhone revenue was a record $65.6 billion in the December quarter, growing 17 per cent year-over-year as demand for the iPhone 12 family was very strong, despite Covid-19 and social distancing measures.

For companies like Nintendo, Sony and Microsoft, 2020 has been a record-breaking sales year as millions stayed home during the pandemic.

Tesla also produced 145,036 vehicles during the third quarter -- a huge increase over the 82,272 vehicles that were made during the second quarter this year amid pandemic.