India’s first monthly job survey shows 5.1% unemployment rate in April 2025

India’s unemployment rate stood at 5.1 per cent in April 2025, according to the country’s first-ever monthly labour force data released by the Ministry of Statistics and Programme Implementation on Thursday.The release marked a significant shift in employment monitoring, as job data until now had been published only on quarterly and annual bases.The ministry launched…

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Walmart to raise prices amid tariff pressures despite strong Q1 sales performance

Walmart reported a dip in first-quarter profit on Thursday and said it will raise prices due to mounting tariff-related costs stemming from policies implemented by President Donald Trump.While the retail giant posted strong sales, it acknowledged growing challenges that could weigh on future performance.The company earned $4.45 billion, or 56 cents per share, for the…

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IFFCO joins hand with FDRVC to empower farmer producer organizations with next-generation nano fertilisers

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…

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Donald Trump says India has offered a trade deal with ‘literally no tariffs’

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…

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US wholesale prices fall in April despite tariffs, biggest drop in five years

US wholesale prices fell unexpectedly in April, marking their first monthly decline in over a year, despite sweeping import tariffs introduced by President Donald Trump. The decline comes as a surprise to economists who had anticipated a modest increase.The producer price index (PPI) — which measures inflation at the wholesale level before it reaches consumers…

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Wall Street opens lower as wholesale prices drop, oil slumps amid US-Iran deal hopes

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…

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BEML flags off 2,100th metro coach, secures land for new unit in Madhya Pradesh

Bharat Earth Movers Ltd on Thursday flagged off its 2,100th metro coach from its rail coach factory in Bengaluru. The occasion was attended by Madhya Pradesh’ CM Mohan Yadav, who also handed the rail manufacturing company an allotment for its new manufacturing unit in Umeria, Raisen district.The newly-flagged 2100th metro coach was developed for the…

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IEA raises 2025 oil demand forecast slightly amid softer trade tensions and lower prices

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,…

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