MUMBAI: An uptick in inflation is starting to “take a toll” on consumers who are increasingly becoming more mindful in terms of spending, Procter & Gamble (P&G) India said on Tuesday, projecting short-term headwinds to growth amid macro-economic risks. “Inflation is all around us, across food, energy, healthcare and so many more areas of everyday…

MUMBAI: Yum Brands is selling struggling fast food chain Pizza Hut in a $2.7 billion deal to two entities, the American company said on Tuesday. As part of the transactions, the Pizza Hut business excluding Mainland China will be bought by private equity (PE) firm LongRange Capital for nearly $1.5 billion while the China operations…

Mumbai: The execution of the peace deal in West Asia, between US and Iran, lifted sensex on Tuesday, its fourth consecutive session of gains. The index closed 544 points up at 76,808 points. Dipping crude oil prices—as there are strong expectations that energy supply chains in the Persian Gulf region will be restored soon—was one…

India is said to be exploring rare earth samples from Russia as it steps up efforts to diversify critical mineral supply chains away from China.State miner IREL is in talks with Rosneft on sourcing samples from the Tomtor deposit in Siberia, which the Russian oil major acquired last year. The discussions are being routed through…