Business

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

Cloud run hits Amazon shares: Stock drops over 7% as AWS trails Microsoft and Google in AI-driven cloud growth; $170bn market cap erased

Editorial Now August 1, 2025

Amazon shares slumped nearly 7% on Friday after the company’s cloud business, Amazon Web Services (AWS), posted...

Explained: Why Nifty50, BSE Sensex have closed in red for 5th week in row; top 5 reasons

Explained: Why Nifty50, BSE Sensex have closed in red for 5th week in row; top 5 reasons

Editorial Now August 1, 2025

FIIs have consistently sold Indian stocks during the past 9 trading sessions. (AI image) Indian stock markets...

Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise

Oil earnings slip: Exxon and Chevron Q2 profit hits 4-year low; revenue dips as crude prices stay weak despite output rise

Editorial Now August 1, 2025

Exxon Mobil and Chevron on Friday reported their lowest second-quarter profits in four years, as lower global...

Donald Trump vs Jerome Powell: US President urges Fed board to overrule Powell on rates; calls him ‘stubborn’ as dissent grows

Donald Trump vs Jerome Powell: US President urges Fed board to overrule Powell on rates; calls him ‘stubborn’ as dissent grows

Editorial Now August 1, 2025

US President Donald Trump on Friday called on the Federal Reserve’s board of governors to wrest control...

Forex reserves this week: India’s kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

Forex reserves this week: India’s kitty rise by $2.7 billion to $698.1 billion; gold and SDR holdings also increase

Editorial Now August 1, 2025

India’s foreign exchange reserves rose by $2.703 billion to $698.192 billion during the week ended July 25,...

GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

GST collections: July gross mop-up at Rs 1.96 lakh crore; rises 7.5% year-on-year

Editorial Now August 1, 2025

NEW DELHI: India’s gross Goods and Services Tax (GST) revenue rose 7.5% year-on-year to Rs 1.96 lakh...

Donald Trump’s 25% tariff: India expects minimal impact; indicates agriculture, dairy, GM food no-go areas in trade deal talks

Donald Trump’s 25% tariff: India expects minimal impact; indicates agriculture, dairy, GM food no-go areas in trade deal talks

Editorial Now August 1, 2025

Experts widely view Trump’s tariff move as a pressure tactic to get India to agree to US...

India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip

India’s manufacturing growth hits 16-month high: PMI for July jumps to 59.1; sales, output surge despite confidence level dip

Editorial Now August 1, 2025

India’s manufacturing sector achieved a 16-month peak of 59.1 in July, driven by increased orders and output...

Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs

Adani Power Q1 results: Net profit falls 16% to Rs 3,305 crore; revenue declines on lower tariffs and higher costs

Editorial Now August 1, 2025

Adani Power Ltd (APL) reported a 15.53% decline in consolidated net profit for the April-June quarter, with...

TCS in spotlight over job cuts: Karnataka government seeks explanation; 12,000 layoffs raise alarm

TCS in spotlight over job cuts: Karnataka government seeks explanation; 12,000 layoffs raise alarm

Editorial Now August 1, 2025

The Karnataka Labour Minister, Santosh Lad, announced on Thursday that his department has sought clarification from TCS...