Wholesale inflation eased sharply to a 27-month low in October, slipping to (-)1.21% on the back of deep deflation in food items and softer prices across fuel and manufactured goods, according to official data released on Friday. The Wholesale Price Index (WPI) had inched up 0.13% in September and stood at 2.75% a year earlier.The…
When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her “shocking” spending. Source link
MUMBAI: Walmart-owned Flipkart will no longer charge any commission to sellers for products priced within Rs 1,000, which covers a broad selection of the product listings on the platform. In a move that analysts say has been taken to fend off competition from value commerce player Meesho, Flipkart will also not charge commission for any…
A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions. Source link
NEW DELHI: The new digital personal data protection law, that becomes operational after the passage of supporting rules, mandates companies handling digital data to immediately inform users and the newly-constituted data protection board about any breaches to drive transparency in data handling processes.As soon as the entity involved in the processing of personal data learns…
A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients. Source link
CHENNAI: Commercial vehicle manufacturers are projecting a strong second half for FY26, supported by improving industry conditions and robust demand triggers. Growth in the medium and heavy commercial vehicle (M&HCV) segment is expected to accelerate to high single digits in H2, with all major CV sub-segments likely to close the fiscal on a positive note.The…
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. Source link
MUMBAI: The sensex and Nifty sustained their positive momentum for the fourth consecutive day and settled with modest gains on Friday, aided by a buying rush in FMCG, banking and telecom sector shares. The sensex ended 84 points higher at 84,563, while Nifty went up 31 points to settle at 25,910. Both indices were off…
The Trump nominee Bill Pulte has called out a Fed governor and New York’s attorney general for issues with their mortgage documents. Some leaders of the family’s home-building business bristle at how he has enhanced his reputation. Source link
