Economy News ( English version)

In a press release, Walmart said that 3,000 pharmacy technician roles were elevated to operations team lead positions, increasing their average pay to $28 per hour from $22.

India's largest lender is expected to report steady margins and stable asset quality in its December-quarter earnings.

Aye Finance has trimmed the offer size even as several NBFCs and microlenders delayed their IPOs amid sectoral pain and rising bad loans.

As global AI agents begin to automate legacy migrations, Indian IT firms face a valuation crisis, prompting venture capital firms like Lightspeed to hunt for entrepreneurs who can increase margins through automation.

The case was the first trial – known as a 'bellwether' – of more than 3,000 similar lawsuits against Uber that have been consolidated in U.S. federal court. Bellwether trials are used to test legal theories and help gauge the value of claims for possible settlements.

RBI MPC Meeting at a Glance: The Reserve Bank of India is likely to hold the repo rate steady this Friday. Global uncertainties, rising government bond yields, and a volatile Indian rupee are key factors. Trade deals with the EU and US offer a boost to India's export outlook. However, global economic stress and commodity prices remain concerns.

RBI MPC Meet Highlights: All eyes are on the Reserve Bank of India's Monetary Policy Committee announcement on Friday. Experts predict the central bank will maintain the repo rate. This cautious approach stems from global uncertainties and domestic economic pressures. Trade deals offer some relief to India's exports, but currency volatility and mix […]

Indian rice export prices rose to a near one-month high this week, supported by modest demand and a rebound in the rupee, while prices in Thailand and Vietnam remained steady. India’s 5% broken parboiled rice reached $353–$359 per ton, up from last week, and white rice was at $351–$356 per ton. The rupee’s 1% appreciation reduced exporters’ dollar returns. […]

Indian solar equipment exports to the US are set for a significant boost. Tariffs are falling, making Indian solar modules and cells more competitive. Companies are now planning to export higher-value items like battery storage systems and inverters. This move is expected to drive capacity expansion and create new opportunities in the growing US market.

A close reading of the budget documents shows that a person can slip away by proactively paying a significantly lower amount on unexplained domestic income - earnings whose 'sources' a taxpayer cannot spell out.