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US producer prices rose 6.5% in May on higher energy prices, largest yearly jump since November 2022American producer prices saw their biggest jump since late 2022. Energy costs soared, impacting inflation significantly. This surge follows...- GlobalFoundries partners with Fermionic to produce first ever chip for an Indian firmFermionic's RF chips will be the first Indian semiconductors to be manufactured by GlobalFoundries, which has been producing chips for glob...
- Manam Chocolate raises $9 million funding from Omnivore, Turner MorrisonThe craft chocolate company plans to use the funding to expand its retail footprint to 18 stores in the next two years, adding more product...
- CSIR-NAL ties up production partner for HANSA-3 trainer aircraft; SARAS Mk-2 still in design phaseCSIR-NAL has found a production partner for its HANSA-3 (NG) trainer aircraft. This indigenous two-seater aircraft is crucial for pilot tra...
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
- Amul to lay foundation stone of Rs 700 crore plant in West Bengal on June 14Dairy giant Amul will lay the foundation stone for its Rs 700 crore plant in West Bengal on June 14. Union Home Minister Amit Shah is expec...
- EssilorLuxottica to start smart glasses production in Italy by early 2027EssilorLuxottica will begin manufacturing smart eyewear in Italy by early 2027. This move is part of a strategic initiative to position Ita...
- Fitch sees global oil markets returning to oversupply after Hormuz reopensGlobal oil markets are set to return to oversupply soon. Fitch Ratings reports the Strait of Hormuz closure is a temporary supply shock. Pr...
- BMW Group India to hike prices by up to 2 pc across BMW, MINI vehicle portfolios from July 1BMW Group India announced a price increase for its BMW and MINI vehicles. Prices will go up by up to 2 percent starting this July 1. This c...
- As micro-dramas surge, 'vertical actors' find fame and fortuneIndia's burgeoning micro-drama industry is creating "vertical actors" who thrive on short-form, emotionally charged content. These performe...
- Jharkhand exports first commercial mango consignment to UKJharkhand has achieved a significant milestone with its first commercial export of fresh mangoes to the United Kingdom. APEDA facilitated t...
- Ram Charan’s ‘Peddi’ storms box office, crosses ₹180 crore worldwide in just 2 daysRam Charan's film "Peddi" has made a strong debut. The movie earned over 180 crore rupees globally in its first two days. This sports actio...
- Pakistan discovers oil and gas well in Sindh that can produce 2000 barrels of oil per dayPakistan's Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in Sanghar district, Sindh pro...
- Pahlaj Nihalani, producer and former CBFC chief, dies at 76Veteran producer and former Central Board of Film Certification chairperson Pahlaj Nihalani has died. Nihalani began his career in 1982 and...
- North Korea unveils a new plant to produce fuel for nuclear weaponsNorth Korea has revealed a new facility for producing nuclear bomb fuels. Leader Kim Jong Un announced plans to significantly increase the ...
- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- Vedanta says ED officials visited some of its offices, Hindustan Zinc unitsEnforcement Directorate officials visited offices of mining conglomerate Vedanta Limited and its subsidiary Hindustan Zinc Limited. The com...
- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- India to unveil broader gauge for inflation in data revampIndia is introducing a Producer Price Index for the first time. This new measure will track prices received by producers of goods and servi...
- India becomes world's largest rice producerRice production is estimated at a record 154.02 mt in the 2025-26 crop year, up from 150.18 mt a year earlier, according to the third advan...
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