PARIS, April 17 – French luxury house Hermes (HRMS.PA) reported a 9% year-on-year rise in first-quarter (Q1) revenue to €4.1 billion ($4.37…
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Business
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WorldMarkets
WTO Slashes Global Trade Forecast, Warns of Steepest Decline Since Pandemic Amid Escalating U.S. Tariffs
by bodhiwireby bodhiwireGENEVA, April 16 – The World Trade Organization (WTO) on Wednesday sharply downgraded its forecast for global merchandise trade, projecting a 0.2%…
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BusinessEconomy
Indian Banks Cut Lending, Deposit Rates After RBI’s 50-Basis Point Repo Rate Cut
by bodhiwireby bodhiwireMumbai, April 14 – Major Indian banks, including State Bank of India (SBI), HDFC Bank, and Bank of India, have reduced their…
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EconomyIndia
India to Bear Additional ₹954 Crore Cost in Food Material for PM-POSHAN Scheme in 2025-26
by bodhiwireby bodhiwireNEW DELHI, April 10 – The Indian government will incur an additional ₹954 crore ($115 million) in food material costs for its…
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WealthClimate
As Wildfires Surge, Arctic Carbon Sink Turns Into Source – Study
by bodhiwireby bodhiwireApril 10 – A growing number of intense wildfires across the globe is weakening the planet’s ability to absorb carbon dioxide, with…
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EconomyUnited StatesWorld
Trump Pauses Tariffs on Most Nations for 90 Days, But Escalates Pressure on China With 125% Duties
by bodhiwireby bodhiwireWashington/Beijing, April 10 – U.S. President Donald Trump on Wednesday abruptly suspended sweeping new tariffs on most countries for 90 days, a…