business

HUL witnessed a 4% rise in total sales, reaching Rs 15,747 crore in the June quarter, fueled by rural market recovery and emerging urban growth. Easing inflation and tax benefits boosted consumer spending on essential goods. While urban growth is gradual, led by smaller cities, HUL anticipates sustained consumption recovery with favorable monsoons.

Donald Trump’s announcement of a deal to develop Pakistan’s oil reserves is viewed with skepticism. Experts suggest it’s a strategic move to counter China’s influence and pressure India on trade, rather than a reflection of Pakistan’s immediate hydrocarbon potential. The viability of these reserves remains unproven, requiring significant investment and time, especially given the risky…

Indian exporters are anxious as US President Trump imposes a 25% tariff on Indian goods starting August 1, coupled with an unspecified penalty related to India’s dealings with Russia. This announcement has triggered order cancellations and uncertainty among businesses. Key sectors like textiles and garments, already facing competition from Vietnam and Indonesia, anticipate significant impact.