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Nike (NKE) Q1 2027 earnings

Nike is expected to report fiscal first-quarter earnings after the bell Thursday as the retailer struggles to maintain relevancy and sales growth under CEO Elliott Hill. Former Chief Financial Officer Matt Friend previously said the sneaker company expects sales for the first two quarters of fiscal 2027 to be “flattish,” especially as it sees a...
plastic waste in bitumen

Nitin Gadkari-led ministry backs IIT technology of using waste plastic in bitumen for national highways; India’s first NH-44 pilot stretch laid, new method could cut bitumen use 4% and costs 20%

The technology used to produce premium-quality Waste Plastic Modified Bitumen was developed by IIT (BHU). (Image for representative purpose only) In a first for the road sector, the Nitin Gadkari-led Road Transport Ministry has used waste plastic in a wet mix with bitumen to construct a bituminous stretch of a national highway. The initiative could...
anthropics ai paradox more powerful systems could mean bigger risks to humanity

​Anthropic’s AI paradox: More powerful systems could mean bigger risks to humanity

Anthropic​Anthropic’s AI paradox: More powerful systems could mean bigger risks to humanity Anthropic’s much awaited IPO is built around a striking contradiction: the artificial intelligence company wants public investors to help finance technology it says could transform the global economy, while warning in the same prospectus that increasingly powerful AI could pose catastrophic or existential...
fake gold hallmarking

Unscrupulous jewellers may use fake stamps to mark your gold: As hallmarking charges rise to Rs 75 from Rs 45 Gem and Jewellery Domestic Council flags risk of rise in fraudsters

BIS hallmarking serves as a system for determining the purity of precious metal articles. (Image for representative purpose only) Gold hallmarking, a sign that allows you to verify the purity of the gold you are purchasing, has become costlier. And, the fallout of that is that there is a possible rise in fraudsters who are...
consumer loans credit card dues enter slow lane

Consumer loans, credit card dues enter slow lane

MUMBAI: Consumer demand appears to be losing momentum, with loans for consumer durables and credit card outstandings growing just 2.4% and 3.6% year on year, respectively, in Aug. At the same time, banks have seen strong demand for secured borrowing, with gold loans adding Rs 98,096 crore in the first five months of FY27, almost...
scotch whisky

Scotch whisky gets cheaper in India after UK trade pact: Johnnie Walker Black Label prices falls to Rs 3,800 from Rs 4,250, J&B to Rs 1,700 from Rs 2,300 as tariff drops from 150% to 75%

Before the lower prices could be introduced, the companies were required to submit proposals to state excise authorities. Scotch whisky prices in India have dropped by 10-15% for the first time since the India-UK free trade agreement came into force, with Diageo and Pernod Ricard passing on lower import costs to consumers in some key...
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