Buisiness

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…

IFFCO shall provide advanced Nano Fertilisers, Bio-stimulants. (AI image) Indian Farmers Fertiliser Cooperative Limited (IFFCO), recognised as the world’s largest processed fertiliser cooperative and a prominent prominent player in agri-input manufacturing and marketing, has established a strategic collaboration through a Memorandum of Understanding (MoU) with the Foundation for Development of Rural Value Chains (FDRVC). The…

Gold rate today: Both gold and silver closed lower in domestic and international markets on Wednesday. (AI image) Gold rate today: Gold June futures at MCX have declined substantially by Rs 7,900 from their peak of Rs 99,358/10 grams, as safe haven buying in precious metals diminishes. During Thursday’s trading, it reached an intraday low…

Amazon submitted its application to DoT approximately two years ago. (AI image) After Elon Musk’s Starlink, Amazon’s Project Kuiper, under Jeff Bezos‘s leadership, is seeking to enter India’s satellite internet sector. It has approached the Department of Telecommunications (DoT) for application approval.The satellite communications sector in India already includes established players like Bharti-backed Eutelsat OneWeb…