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India Inc hikes prices, shrinks packs as Iran war squeezes margins

India Inc hikes prices, shrinks packs as Iran war squeezes margins

By Praveen Paramasivam and Chandini Monnappa CHENNAI/BENGALURU, June 8 (Reuters) - From smaller packs on shelves to higher prices at checkout, Indian companies are scrambling to protect their margins as surging oil, freight and insurance costs - and strained household budgets - pile on pressure.
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Venezuela’s Delcy Rodríguez holds talks in Turkey with Erdogan on trade, energy and mining

Venezuela’s Delcy Rodríguez holds talks in Turkey with Erdogan on trade, energy and mining

Venezuela’s acting President Delcy Rodríguez has met with Turkish President Recep Tayyip Erdogan in Istanbul for talks focused on deepening cooperation in trade, energy, and mining
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Factbox-From Australia to Europe, countries move to curb children's social media access

Factbox-From Australia to Europe, countries move to curb children's social media access

GDANSK, June 8 (Reuters) - Australia in December became the world's first country to ban social media for children under 16, blocking them from platforms including TikTok, Alphabet's YouTube and Meta's Instagram and Facebook.
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Analysis-Indian economy, government finances, see mounting costs from Iran war

Analysis-Indian economy, government finances, see mounting costs from Iran war

By Nidhi Verma and Ira Dugal NEW DELHI, June 9 (Reuters) - A few months ago, India's economy was humming along nicely. Inflation was benign and growth was steady - the strongest among the world's leading economies.
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India inflation likely rose to 4% in May as food, fuel costs climb: Reuters poll

India inflation likely rose to 4% in May as food, fuel costs climb: Reuters poll

By Pranoy Krishna BENGALURU, June 8 (Reuters) - India's inflation likely rose to the Reserve Bank of India's medium-term target of 4% in May, driven by a pickup in vegetable prices and higher fuel costs following the U.S. and Israel war against Iran, a Reuters poll of economists showed.
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Mark Carney's trade push collides with reality of US dependence

Mark Carney's trade push collides with reality of US dependence

By Promit Mukherjee OTTAWA, June 9 (Reuters) - Canadian Prime Minister Mark Carney has captured global attention by championing the idea of an alliance of mid-level economic powers that would operate beyond President Donald Trump's increasingly protectionist United States.
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India-US trade deal can be finalised after tariff probe concludes, official says

India-US trade deal can be finalised after tariff probe concludes, official says

By Shivangi Acharya NEW DELHI, June 8 (Reuters) - India is pushing for preferential new tariffs from the United States as part of talks to finalise an interim trade deal with Washington, an Indian trade official said on Monday.
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Analysis-Investors spy a tipping point for bonds after geopolitics shreds old playbooks

Analysis-Investors spy a tipping point for bonds after geopolitics shreds old playbooks

By Stefano Rebaudo MILAN, June 9 (Reuters) - Bonds have failed to shield investors during the Iran war. Now, some fund managers say that may be about to change, with debt poised to reclaim its safe-haven role if inflation starts hitting growth.
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T-Mobile’s hiring efforts take an unexpected turn after layoffs

T-Mobile’s hiring efforts take an unexpected turn after layoffs

T-Mobile is ramping up hiring even after carrying out multiple rounds of layoffs tied to its shift toward becoming a digital-first company.  After Sirini Gopalan became CEO of T-Mobile in November, the company quietly laid off an unknown number of employees the following month, impacting sales ...
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Explainer-How can retail investors buy shares in SpaceX's IPO?

Explainer-How can retail investors buy shares in SpaceX's IPO?

By Manya Saini and Suzanne McGee June 7 (Reuters) - SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share of Elon Musk's rocket, satellite and AI empire.
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On This Day: Henry W. Seely Patented the Electric Iron

On This Day: Henry W. Seely Patented the Electric Iron

The clothes iron, a staple in households worldwide, has undergone significant transformations since its inception. Initially, irons were simple met...
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T-Mobile Expands Hiring in India Following U.S. Layoffs Amid Digital Transformation

T-Mobile Expands Hiring in India Following U.S. Layoffs Amid Digital Transformation

T-Mobile Expands Hiring in India Following U.S. Layoffs Amid Digital Transformation