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Business

Trump Tells Walmart to ‘Eat the Tariffs’ Amid Rising Retail Prices

17 May 2025 21:29 PM IST

Trump criticised Walmart for attributing its upcoming price hikes to tariffs imposed on imported goods, urging the retail giant to absorb costs.

Alcoholic Beverage Industry To See 8-10% Revenue Growth in FY26: Crisil

17 May 2025 15:45 PM IST

Spirits continue to dominate the alcobev sector, contributing 65-70 per cent of total revenue. The remaining share comes from beer, wine, and country liquor.

RBI May Transfer Record Rs 3 Lakh Crore Dividend To Government In FY26: Here’s Why

17 May 2025 15:32 PM IST

PSU banks, NBFCs, infrastructure, and consumption sectors already show strong momentum. Investors have started pricing in the expected liquidity surge from the record RBI dividend.

India’s LPG Woes Ease: Under-Recoveries May Drop 45% In FY26

17 May 2025 13:34 PM IST

Three major oil marketing companies faced significant LPG under-recoveries. They lost about Rs 220 per 14.2 kg cylinder. These losses added up to Rs 41,270 crore during the fiscal.

SportsBaazi Allowed To Operate Outside Chhattisgarh As HC Questions Ban

17 May 2025 12:40 PM IST

The court noted that “betting and gambling” fall under the State List (List-2), while “skill-based gaming” falls under the Union List (List-1) governed by the Information Technology Act.

Federal Debt And Soaring Interest Costs Trigger Moody’s One-Notch Downgrade Of US Credit Rating To Aa1

17 May 2025 11:25 AM IST

Moody’s stated that a return to fiscal discipline—either through increased revenues or reduced spending—could lead to a future rating upgrade.

Why Indians Switch Health Insurers? Here Are The Top Reasons

17 May 2025 10:18 AM IST

Despite rising interest in health insurance, many Indians still remain uninsured. The report highlighted that the biggest roadblocks include a lack of understanding of policy benefits, high perceived costs, and overly complex terms.

Private Capex In India Grows At 19.8% CAGR Despite Flat Bank Credit Growth

17 May 2025 09:34 AM IST

Central government capital expenditure also showed a strong upward trend during this period, Key contributors to this surge were ministries dealing with road transport, railways, defence, and transfer of capital grants to states.

Indian Chemical Firms Eye Growth As EU Struggles With High Costs And Low Output

17 May 2025 09:19 AM IST

While current market disruptions offer a short-term advantage, the long-term outlook for Indian chemical exports to Europe depends on a recovery in European demand.