In Tariff Standoff With Trump, China Boycotts American Soybeans
U.S. farmers need to sell their incoming crop, and China needs to buy it in case its main alternative, Brazil, has a flood or drought. But their trade war prevents a deal. Source link
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GST revamp introduces 40% tax rate: What are sin goods and why they are in highest slab? All you need to know
Representative image (AI image) NEW DELHI: The GST Council on Wednesday approved a sharp hike in taxes on sin and luxury goods, creating a new 40 per cent slab for items such as tobacco, pan masala, aerated drinks and premium vehicles. The move marks a major restructuring of the indirect tax system, as the government…
Hilsa shift: Gujarat’s Bharuch emerges as key fish supplier amid Bangladesh shortfall; here’s what’s happening
Your next plate of hilsa may well have its origins in Bharuch, Gujarat, rather than the usual fishing grounds of West Bengal or Bangladesh. According to ET, Bharuch has delivered a record 4,000 tonnes of hilsa across the country during July–August, at a time when imports from Bangladesh have yet to begin this year and…
Former Suntory Boss Says He Used CBD Supplements for Jet Lag
Takeshi Niinami said he never used the products in Japan, where officials are investigating whether they are banned under the country’s strict drug laws. Source link
GST rate cuts a booster shot! What do tax changes mean for stock markets? Explained
The comprehensive GST modifications have been regarded by market analysts as a “consumption revival bombshell”. (AI image) GST rate cuts announced by the Modi government have served as a booster shot for the Indian economy and markets, with consumption driven growth expected to aid the economy at a time when it is faced by 50%…
Gold & silver price prediction today: Gold at new highs – what’s the outlook and should you buy or sell?
MCX Gold has been showing a consistent upward trend, reflecting strong bullish momentum in recent sessions. (AI image) Gold and silver price prediction today: Gold prices are exhibiting a bullish trend and silver is also continuing the positive bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views…
‘We have now joined the battle’: Anand Mahindra hails GST cuts; quotes Swami Vivekananda for ‘more reforms’
File photo: Industrialist Anand Mahindra (Pictur ecredit: ANI) Industrialist Anand Mahindra has welcomed the sweeping Goods and Services Tax (GST) rate cuts announced on Wednesday, urging policymakers to accelerate further reforms to strengthen India’s economy.Mahindra framed the GST cuts as a step in the right direction but stressed that this should mark the beginning of…
‘Pushed Modi closer to Russia, China’: Ex-Donald Trump aide slams 50% India tariffs; flags setback in ties with US
Ex-Trump aide John Bolton (file photo) Former US National Security Advisor John Bolton lashed out at US President Donald Trump on Thursday (local time) for deteriorating US-India relations through a 50% tariff imposition on India, which he claims has driven Prime Minister Narendra Modi towards Russia and China.“The White House has set US-India relations back…
Market watch: Asian shares rebound on Fed rate cut hopes; oil slides ahead of Opec+ meet
File photo (Picture credit: AP) Asian stocks gained on Thursday as dovish signals from US Federal Reserve officials and weak labour market data reinforced bets on interest rate cuts, even as oil prices extended losses ahead of a key Opec+ meeting.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% after US equities closed with…
Trump Asks Supreme Court to Allow His Sweeping Tariffs
A federal appeals court had invalidated a centerpiece of President Trump’s economic strategy, finding that a 1977 law did not authorize the tariffs. Source link