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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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2 mins read

Stock market today: Indexes rise as stocks whipsaw after inflation-fueled decline

The Dow erased a 600 point loss and the Nasdaq ended more than 2% higher as CPI sent investors on a…

Jennifer Sor   


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2 mins read

'Strong' Walmart results come as a relief for the retail sector

Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…

Grace Dean   


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2 mins read

Stock market today: Indexes edge lower as traders hit pause on data-fueled rally

Stocks took a breather Friday after rallying on strong economic data. Investors are waiting on the …

Max Adams   


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3 mins read

I canceled my Costco membership after a year. I loved the store, but it fueled my worst habits.

I had a Costco membership for one year but I'd never go back to shopping at the warehouse. Througho…

Sarra Sedghi   


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3 mins read

Budget 2024 to fuel stock markets: Bloomberg Survey

Many are expecting the government to raise the standard deduction threshold from the current Rs 50,…

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5 mins read

AI and security concerns fuel a shift to on-premises IT infrastructure as companies seek more control of data

AI, data privacy, and security concerns are pushing companies to adopt hybrid IT infrastructure tha…

Matthew S. Smith   


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2 mins read

Kroger's CEO says it isn't the supermarket's fault that groceries are more expensive, it's due to things like credit card swipe fees and fuel costs

A Kroger executive said in a court testimony last week that the retailer hiked its milk and egg pri…

Kwan Wei Kevin Tan   


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3 mins read

Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council

The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…

ANI   


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4 mins read

India to see retail digital payments to double to USD 7 tn by 2030: Report

Millennials and Gen X are leading in the adoption of all types of digital payment instruments.

PTI   


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1 min read

Stock market today: US stocks edge lower as AI-fueled tech rally stalls

Shares of Nvidia were down an additional 2% in early Friday trades, while Dell, Broadcom, and Super…

Matthew Fox   


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2 mins read

WPI inflation surges to 16-month high of 3.36% in June on costlier vegetables

New Delhi's wholesale inflation surged to 3.36% in June 2024, led by rising food prices, especially…

PTI   


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5 mins read

Gen Alpha tweens are fueling sales in skincare. It isn't just because they are worried about wrinkles.

Gen Alpha tweens are only 14 and under, but they are already obsessed with expensive skincare they …

Lindsay Dodgson   


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3 mins read

These retail traders lost big in the first meme stock episode. Here's why they won't stop betting on GameStop.

Retail traders who lost money in the first GameStop saga say that they're still tempted to jump bac…

Jennifer Sor   


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2 mins read

Indian auto retail sector records 27% YoY growth in April: FADA

The Indian auto retail sector recorded a robust 27 per cent year-on-year (YoY) growth for April 202…

ANI   


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3 mins read

India's retail inflation eases marginally in April; here's what experts have to say

India's retail inflation eased to 4.83 per cent in April, down from 4.85 per cent in March. However…

ANI   


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3 mins read

Wholesale inflation touches 15-month high in May

Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…

PTI   


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1 min read

Wholesale inflation rises for third straight month in May at 2.61%, food items costlier

"Positive rate of inflation in May, 2024 is primarily due to increase in prices of food article…

PTI   


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1 min read

GameStop is surging for a second day — but one market guru calls the Reddit-fueled rally a 'speculation orgy'

GameStop and other meme stocks such as AMC and BlackBerry have racked up big gains, but the likes o…

George Glover   


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4 mins read

Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down

State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…

PTI