Wipro FMCG arm’s revenue up 3.5% in FY25

BENGALURU: Wipro Consumer Care & Lighting (WCCL)’s revenue rose by 3.5% to Rs 10,600 crore in the 2024-25, with demand impacted by inflation and subdued consumer sentiment. “We are clearly seeing a slowdown in China – dramatic drops of 20% to 25%. We haven’t dropped as much but are facing flat or marginal declines there….

Read More

50% on copper, 200% on Pharma: Donald Trump talks of new US tariffs soon; ‘they’re going to be tariffed at a very…’

US President Donald Trump on Tuesday announced plans to impose a 50% tariff on copper imports, while warning of a much steeper duty on pharmaceuticals that would come into effect after a grace period of at least a year. “Today we’re doing copper,” Trump said during a cabinet meeting, signalling movement in an ongoing investigation…

Read More

West Bengal to host ‘Business and Industry’ Conclave: Event likely later this year; things to know

The West Bengal government will host a ‘Business and Industry Conclave’ later this year, Amit Mitra, chief financial adviser to CM Mamata Banerjee, announced on Tuesday. The initiative is being viewed as a push to accelerate industrialisation in the state. Mitra said the conclave would be organised after the Puja festivities to give further momentum…

Read More

Securing critical minerals: India eyes rare earths from Australia; move to counter China’s export curbs

India is in discussions with Australia to secure rare earth minerals, an Australian official confirmed on Tuesday, as global concerns mount over supply shortages triggered by Chinese export restrictions. “They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block…

Read More

Copy vs credit on global runway: Prada slammed, LV applauded; Pharrell’s India-inspired show gets it right

As Prada continues to face criticism over its Kolhapuri chappal-inspired sandals, the broader fashion world is grappling with how to engage with Indian aesthetics without falling into appropriation. The Italian label was called out on social media and by industry insiders for using a design closely resembling India’s traditional Kolhapuri footwear, without crediting the original…

Read More

Donald Trump says more tariff letters coming! US President warns no extension on August 1 deadline; ‘there has been no change…’

US President Donald Trump on Tuesday firmly declared that sweeping new tariffs on foreign imports will come into effect from August 1, 2025, warning that no further extensions will be granted. Taking to his Truth Social platform, Trump wrote, “As per letters sent to various countries yesterday, in addition to letters that will be sent…

Read More

Mumbai-Ahmedabad bullet train project: Valsad’s Daman Ganga River bridge completed; NHSRCL says 16 out of 21 bridges ready

The National High Speed Rail Corporation Limited (NHSRCL) announced a major milestone in the Mumbai-Ahmedabad bullet train project on Tuesday with the completion of the Daman Ganga River bridge in Gujarat’s Valsad district.This newly completed bridge is the 16th of 21 river bridges planned in Gujarat and the fifth and final one in Valsad. In…

Read More