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PepsiCo global CEO in India: Ramon Laguarta meets PM Modi; India set to drive 85% of firm’s future growth

PepsiCo’s global chairman and CEO, Ramon Laguarta, met Prime Minister Narendra Modi in New Delhi on Tuesday evening, as per sources cited by ET. The meeting marks the first time Modi has met a top US CEO in India amid rising trade tensions and new GST taxes. Laguarta was accompanied by PepsiCo’s entire board, representing…

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FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 bps; notes moderation in economic, job growth – two more rate cuts seen

US Federal Reserve Chairman Jerome Powell (File photo) US Fed FOMC Meeting: Led by chairman Jerome Powell, the US Federal Reserve on Wednesday announced a 25 basis points rate cut after the FOMC meeting. “In support of its goals and in light of the shift in the balance of risks, the Committee decided to lower…

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Trade outlook: Goyal expects 6% export growth in 2025; ‘from $4 trillion economy to a $30 trillion-plus economy’

Union commerce minister Piyush Goyal on Wednesday said that he expects India’s exports to rise by around 6% this year as compared with 2024.Speaking to reporters, Goyal highlighted India’s strong global trade performance despite challenges and said talks on free trade agreements (FTAs) were progressing with several countries.“India’s exports would grow by around 6% this…

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‘India’s growth resilient’: S&P reaffirms GDP outlook despite global turbulence; why growth story is strong

Global economic shocks have slowed India’s growth in the short term, but its long-term prospects remain strong, according to a report by S&P Global India Research.The report highlighted that reforms, infrastructure development, and process improvements have strengthened India’s position, giving it a competitive edge over developed countries.“Amid global market volatility, India’s growth is resilient and…

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Neuroscientist suggests THIS exercise will give a boost to ‘miracle molecule’ that fuels brain growth, and no, it’s not running

For many, the thought of brain decline is one of life’s deepest fears. Watching loved ones struggle with memory loss can feel like witnessing a part of them slowly fade. Knowing that something as approachable as resistance training might help preserve memory offers both hope and empowerment. It is science reminding us that brain health…

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US retail sales rise despite Trump tariffs: August growth beats estimates; consumer spending cushions economy

Retail spending in the US exceeded expectations in August, rising 0.6 percent month-on-month, government data showed on Tuesday, even as President Donald Trump’s tariffs continue to impact the global trade environment. On a year-on-year basis, retail sales climbed 5 percent.The Commerce Department data highlighted that motor vehicle and parts dealers saw a 0.5 percent increase…

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Russia’s economy to outpace global growth; focus on fiscal stability, technology and foreign ties: Putin

Russian President Vladimir Putin stressed the need for Russia’s economic growth to outpace global rates during a conference addressing financial matters.At the conference, Putin highlighted how the country’s fiscal stability and execution of initiatives and schemes are directly linked to its economic performance. “It is obvious that the stability of public finances, the implementation of…

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Alphabet market cap crosses $3 trillion! Shares hit record highs; cloud growth and AI bets lift sentiment

Google parent company Alphabet’s market value crossed $3 trillion for the first time on Monday as strong gains in its shares reflected renewed optimism over artificial intelligence and a favourable antitrust ruling, Reuters reported.Class A shares surged 4.6% to $251.88 while Class C climbed 4.5% to $252.30, both scaling record highs. Alphabet now joins Apple…

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