NEW DELHI: The Adani Group has ended its partnership with Chinese company DragonPass, which is a platform offering airport lounge access service. Adani currently runs airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati & Thiruvananthapuram and is building the upcoming one at Navi Mumbai.“Our association with DragonPass, which provided access to airport lounges, has been…
Central trade unions have postponed the nationwide general strike initially scheduled for May 20, moving it to July 9 in light of recent developments following the India-Pakistan conflict. The decision was taken during a meeting of the Joint Platform of Central Trade Unions and Independent Sectoral Federations and Associations held on Thursday, according to an…
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…
Pakistan’s proposal follows Trump’s claim about mediating a “ceasefire” between Pakistan and India. Pakistan woos Donald Trump! In a significant move, Pakistan has proposed a zero-tariff bilateral trade agreement to the United States, PTI quoted Geo News on Thursday. The proposal comes at a time when India and the US are quickly looking to seal…
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…
Global oil demand is now projected to grow marginally more than previously expected in 2025, the International Energy Agency (IEA) said Thursday, citing easing trade tensions and a decline in crude prices as key factors supporting consumption.The Paris-based energy watchdog revised its oil demand growth forecast to 740,000 barrels per day (bpd) for the year,…
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…
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…
Metal prices are likely to lift up the wholesale inflation in the upcoming months, a report by Union Bank of India said. Despite the Wholesale Price Index (WPI) falling to a 13-month low of 0.85% in April 2025, metals have continued to show a steady month-on-month rise, suggesting a potential rebound in price pressures.Core WPI,…
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…
