First services production index shows double-digit growth in 14 sub-sectors in April The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year growth in April.The trial index, with 2024-25 as the base year, covers about 60 per cent of India’s…
The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices. Source link
India Post profits cross Rs 4,000 crore The Department of Posts (DoP) recorded its highest-ever first-quarter revenue of Rs 4,008 crore in the April-June period of FY27, marking the first time India Post’s quarterly turnover has crossed the Rs 4,000-crore mark, Union communications minister Jyotiraditya Scindia said on Tuesday.The revenue rose 22.2 per cent from…
An effort to block the media giant’s planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation. Source link
IBM forecast adjusted earnings per share of $2.93 for the quarter, below the analysts’ consensus estimate of $3.02. (AP photo) IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on preliminary results, IBM projected quarterly revenue of $17.2…
The fund-raising values the company at $3.8 billion and underscores investor interest in using artificial intelligence to tackle problems like drug discovery. Source link
India: The import of goods produced or manufactured, wholly or in part, through the use of forced labour is prohibited. (AI image) Amid Donald Trump administration’s Section 301 probe, the government has revised the Foreign Trade Policy (FTP) to prohibit the import of goods that are produced wholly or partly through forced labour.The move comes…
The Consumer Price Index fell to a 3.5 percent annual increase in June, and prices marked their biggest drop from a month earlier since 2020. Source link
Considered one of India’s most significant trade agreements in recent years, CETA will provide duty-free market access for almost 99% of Indian exports. (AI image) India-UK FTA: The India-UK Comprehensive Economic and Trade Agreement or CETA comes into effect from July 15, 2026. The landmark trade deal is set to deliver several benefits to Indian…
What to know about the Fed chairman’s testimony. Source link
