Wipro FMCG arm’s revenue up 3.5% in FY25

BENGALURU: Wipro Consumer Care & Lighting (WCCL)’s revenue rose by 3.5% to Rs 10,600 crore in the 2024-25, with demand impacted by inflation and subdued consumer sentiment. “We are clearly seeing a slowdown in China – dramatic drops of 20% to 25%. We haven’t dropped as much but are facing flat or marginal declines there….

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50% on copper, 200% on Pharma: Donald Trump talks of new US tariffs soon; ‘they’re going to be tariffed at a very…’

US President Donald Trump on Tuesday announced plans to impose a 50% tariff on copper imports, while warning of a much steeper duty on pharmaceuticals that would come into effect after a grace period of at least a year. “Today we’re doing copper,” Trump said during a cabinet meeting, signalling movement in an ongoing investigation…

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West Bengal to host ‘Business and Industry’ Conclave: Event likely later this year; things to know

The West Bengal government will host a ‘Business and Industry Conclave’ later this year, Amit Mitra, chief financial adviser to CM Mamata Banerjee, announced on Tuesday. The initiative is being viewed as a push to accelerate industrialisation in the state. Mitra said the conclave would be organised after the Puja festivities to give further momentum…

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Securing critical minerals: India eyes rare earths from Australia; move to counter China’s export curbs

India is in discussions with Australia to secure rare earth minerals, an Australian official confirmed on Tuesday, as global concerns mount over supply shortages triggered by Chinese export restrictions. “They (India and Australia) are talking about rare earth and there are blocks available. So there is an opportunity for India to take an early-stage block…

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US tariff haul: $100 billion already collected this year; treasury secretary Scott expects $300 billion by December

The United States has already collected $100 billion in tariffs this year, and the figure could triple to $300 billion by December, US treasury secretary Scott Bessent said on Tuesday during a Cabinet meeting chaired by President Donald Trump.Trump, nodding in agreement, reiterated the administration’s firm stance, declaring that the real flow of tariff revenue…

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Donald Trump reiterates warning! BRICS countries, including India, to be charged 10% additional tariffs; US President says group is ‘trying to destroy dollar’

Donald Trump’s 10% additional tariff warning to BRICS (AI image) US President Donald Trump on Tuesday reiterated his warning of an additional 10% tariff on BRICS nations, including India. Trump alleged the BRICS group is working to weaken the US dollar. During a Cabinet meeting under his leadership, Trump issued a stern warning, stating: “BRICS…

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Copy vs credit on global runway: Prada slammed, LV applauded; Pharrell’s India-inspired show gets it right

As Prada continues to face criticism over its Kolhapuri chappal-inspired sandals, the broader fashion world is grappling with how to engage with Indian aesthetics without falling into appropriation. The Italian label was called out on social media and by industry insiders for using a design closely resembling India’s traditional Kolhapuri footwear, without crediting the original…

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