Wholesale inflation slid further into the negative zone in October, with the Wholesale Price Index (WPI) falling to (-)1.21%, as prices of food items, fuel and several manufactured goods continued to ease, latest government data showed on Friday.WPI inflation had stood at 0.13% in September and 2.75% a year earlier, according to PTI.According to the…
South Korea and the US have reached an agreement, covering areas such as nuclear power, tariff concerns, AI and more.South Korean President Lee Jae Myung on Friday announced that the two nations have finalised a joint face sheet agreement on trade and security issues. The deal with bring down US import duties on South Korean…
Commerce and industry minister Piyush Goyal on Friday outlined India’s ongoing plan to expand its free trade agreement network, saying that discussions are underway with the US, the European Union, New Zealand, Oman, Peru and Chile.Speaking at the CII Partnership Summit 2025, Goyal also highlighted the scope for infrastructure collaboration, stating that the India Trade…
Anil Ambani is the Reliance Group chairman. Anil Ambani has responded to the Enforcement Directorate‘s summons by requesting to appear via “virtual means” for the Friday meeting. Anil Ambani is the Reliance Group chairman.The 66-year-old business leader’s spokesperson released a statement indicating that Ambani has written to the agency, pledging “full cooperation” in the ongoing…
BENGALURU: Manipal Education and Medical Group India (MEMG) submitted an expression of interest (EoI) to participate in corporate insolvency resolution process (CIRP) of Think & Learn, the parent company of Byju’s.In a statement on Thursday, MEMG India said it sought inclusion in list of prospective resolution applicants and requested access to company’s financial and operational…
Asian markets traded in red on Friday as investors reacted to a sharp drop on Wall Street.Hong Kong’s HSI dipped 301 points or 1.11% to 26,771. Nikkei also fell 847 points or 1.65% to reach 50,434 at 8:45 AM IST. Shanghai and Shenzhen also traded in red, falling 0.13% and 1.07%, respectively. In South Korea,…
. NEW DELHI: Hero MotoCorp on Thursday reported a 23% rise in consolidated net profit to Rs 1,309 crore in Q2, aided by sales growth. Revenue from operations rose to Rs 12,218 crore in Q2 against Rs 10,483 crore in the corresponding period of 2024-25. Source link
MUMBAI: Your next pack of Biscoff cookies will be made in India which also means you will be paying less for them. The Belgian brand from the house of Lotus Bakeries has started local production in India in partnership with Cadbury chocolates and Oreo cookies maker Mondelez as the family run Brussels listed company plans…
The 30-year US mortgage rate rose slightly for the second consecutive week but stayed close to its lowest level of the year.Freddie Mac, quoted by AP, reported on Thursday that the long-term mortgage rate increased to 6.24 per cent from 6.22 per cent the previous week. A year earlier, the rate stood at 6.78 per…
Ford Motor Company CEO Jim Farley has issued one of his starkest warnings yet about America’s labour future, revealing that the company is struggling to fill 5,000 skilled-mechanic roles despite offering salaries of around $120,000. Calling it a “serious problem” for the country, Farley said the shortage of trained workers is no longer an industry…