Walmart reported a dip in first-quarter profit on Thursday and said it will raise prices due to mounting tariff-related costs stemming from policies implemented by President Donald Trump.While the retail giant posted strong sales, it acknowledged growing challenges that could weigh on future performance.The company earned $4.45 billion, or 56 cents per share, for the…
US wholesale prices fell unexpectedly in April, marking their first monthly decline in over a year, despite sweeping import tariffs introduced by President Donald Trump. The decline comes as a surprise to economists who had anticipated a modest increase.The producer price index (PPI) — which measures inflation at the wholesale level before it reaches consumers…
Wall Street slipped Thursday morning as markets digested a surprise drop in US wholesale prices and oil tumbled on growing optimism over a potential nuclear agreement between the United States and Iran.The Dow Jones Industrial Average fell 170.92 points, or 0.41%, to 41,880.14 at the initial minutes of market opening. The Nasdaq Composite dropped 83.94…
India is set to register the fastest oil demand growth among major global economies in 2025 and 2026, outpacing China by more than double, according to the latest Monthly Oil Market Report from the Organization of the Petroleum Exporting Countries (Opec).Driven by rising energy needs in the world’s fastest-growing major economy, India’s oil demand is…
Blue-collar wages in India are rising at an annual rate of 5–6%, driven by strong demand for skilled talent across core industries and the growing adoption of performance-based incentives, according to Deloitte’s latest report released Thursday.The report, titled ‘Blue-Collar Workforce Trends 2025’, highlights a 10% increase in hiring intent for blue-collar roles in 2025, reflecting…
The government should ramp up efforts on programmes like the Smart Cities Mission and AMRUT to promote greener urban development and strengthen ecological resilience, a new report by the State Bank of India (SBI) recommended.According to the report, these initiatives are crucial in managing India’s rapid urban growth while safeguarding the environment. It explained that…
IFFCO shall provide advanced Nano Fertilisers, Bio-stimulants. (AI image) Indian Farmers Fertiliser Cooperative Limited (IFFCO), recognised as the world’s largest processed fertiliser cooperative and a prominent prominent player in agri-input manufacturing and marketing, has established a strategic collaboration through a Memorandum of Understanding (MoU) with the Foundation for Development of Rural Value Chains (FDRVC). The…
The United States maintains its position as India’s primary trading partner. (AI image) India-US trade deal: US President Donald Trump on Thursday claimed that India had put forward a proposal for a trade agreement with “no tariffs” or ‘zero tariffs“. Trump said that India has proposed eliminating import duties on American products. Trump said that…
Indian tourism to Turkey and Azerbaijan had seen substantial growth recently due to better flight connections. (Image source: Freepik) Amidst public calls for ‘Boycott Turkey’ and ‘Boycott Azerbaijan’, travel bookings to Turkey and Azerbaijan have significantly declined. Major online travel companies have reported numerous cancellations, driven by public reaction to these nations’ backing of Pakistan…
In 2025, TCS achieved the top position as Europe’s IT service provider for customer satisfaction. Tata Consultancy Services has achieved recognition as one of the top 100 valuable global brands in Kantar BrandZ Most Valuable Global Brands 2025 Report. The company’s brand value reached $57.3 billion, showing significant growth of 28% compared to the previous…
