Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs. Source link
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Grief, boardroom and the game of succession: Inside family feud tearing through Sona Comstar after Sunjay Kapur’s death
Image credit: Priya Sachdev Kapur’s Insta account In a high-stakes corporate drama riddled with grief, suspicion, and boardroom intrigue, Sona Comstar held its Annual General Meeting (AGM) on July 25 – brushing aside an emotional plea from Rani Kapur, mother of Sunjay Kapur, to delay the proceedings. What unfolded wasn’t just a shareholder meeting, but…
What Did Trump’s Hard-Hat Tour of the Fed Accomplish?
The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it. Source link
Pension scheme milestone: Atal Pension Yojana enrolments cross 8 crore mark, adds 39 lakh subscribers in FY26
The Atal Pension Yojana (APY), the Centre’s flagship social security scheme aimed at unorganised sector workers, has surpassed 8 crore total gross enrolments, the Finance Ministry said on Friday. The scheme added 39 lakh new subscribers in the current financial year so far, marking a significant expansion in its outreach.Launched on May 9, 2015, and…
Behind a Maine Coffee Company’s Decision to Raise Prices
Like many companies, Rock City Coffee resisted increasing prices as President Trump’s trade war drove its costs up. Then it ran out of options. Source link
India’s UK trade deal skips carbon tax exemption, hits steel and aluminium exports: GTRI
India was unable to secure a carve-out from the UK’s upcoming carbon tax regime under the newly signed Free Trade Agreement (FTA), a shortcoming that could hurt Indian exports of carbon-intensive products such as steel and aluminium from 2027, according to think tank Global Trade Research Initiative (GTRI).The UK government plans to implement its Carbon…
Boeing Emerges as a Winner in Trump’s Trade Wars
Countries striking agreements with the United States have pledged to buy more Boeing planes, but it’s not clear whether those orders were the result of President Trump’s tactics. Source link
Cipla Q1 results: Cipla Q1 profit rises 10% to Rs 1,298 crore; revenue grows to Rs 6,957 crore on India, Africa boost
Pharmaceutical major Cipla posted a 10% year-on-year increase in consolidated net profit at Rs 1,298 crore for the quarter ended June 30, 2025, aided by solid demand in domestic and select international markets. The company had reported a net profit of Rs 1,178 crore in the same period last year.Revenue from operations stood at Rs…
Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that U.S. import duties erased about $1.5 billion from its profit in the first half of the year, and it lowered its forecasts for the full year. Source link
Louis Vuitton eyes US expansion: CEO Bernard Arnault announces second Texas factory; hopes for good results from US-EU trade talks
Representative image (AI) Bernard Arnault , CEO of French luxury multinational conglomerate Louis Vuitton, on Thursday announced his intention to open a second factory in Texas, while hoping for a good conclusion for US-Europe trade talk, according to news agency Reuters.The recent quarterly numbers put out by the LVMH show lower-than-expected sales. This comes amid…