Quick commerce divide: Metros lead as demand booms in top cities; small towns drag with just 20% share despite 150% growth

India’s quick commerce industry is sprinting ahead in metros, but non-metro cities continue to trail behind, held back by weak demand, low digital adoption, and entrenched local shopping habits, according to a report by Redseer.The sector expanded nearly 150% year-on-year in the first five months of 2025, driven by aggressive rollout of dark stores, rapid…

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US stock market today: Wall street edge up & yields spike; S&P 500 hits fresh record after job data

US stocks inched higher on Thursday and Treasury yields surged after stronger-than-expected jobs data tempered expectations of a rate cut in July, pushing the S&P 500 to its fourth all-time high in five trading days.The S&P 500 rose 0.3%, continuing its record-breaking run, while the Nasdaq Composite gained 0.5%. The Dow Jones Industrial Average added…

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US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million

The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June. Jobless claims for the week ending June 28 declined by 4,000 to 233,000, the Labor…

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CII push for to critical minerals : From licensing ease to global FTAs, industry lays blueprint; auto slowdown warning adds urgency

The Confederation of Indian Industry (CII) has called for a comprehensive overhaul of India’s critical minerals policy, urging the government to allow automatic mining rights to companies awarded Exploration Licences. The industry body also pressed for viability gap funding and focused Free Trade Agreement (FTA) provisions to secure strategic mineral supply chains.“Environmental regulations should be…

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