The overall trade balance, which includes both merchandise and services, also declined, with a deficit of USD 9.61 billion in July 2024, compared to a deficit of USD 6.52 billion in July 2023.
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Starbucks announced that Brian Niccol, current CEO of Chipotle, would replace Laxman Narasimhan as its new CEO. Narasimhan stepped down amid efforts to revitalise the company. This move follows financial challenges and pressure from activist investors. Niccol, known for driving…
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The East India Company began as a trading entity in the 1600s, evolving into a powerful political force in India. Key events like the Battle of Plassey marked its rise. Before gaining independence, India was one of the world’s wealthiest…
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Earlier, US-based Glas Trust, which represents some lenders of a Byju’s group company, had filed an appeal before the Supreme Court challenging an earlier order that had quashed insolvency proceedings against Byju’s.
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The manufacturer of railway freight wagons, brake discs, castings, and other mobility solutions aims for a balanced revenue model by 2028, targeting a 50-50 split between wagon manufacturing and other businesses, particularly components.
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The WPI Food Index, which combines food articles from the primary articles category and food products from the manufactured goods category, rose from 190.3 in June to 195.4.
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