Trump Scolded Companies for Raising Prices. Do They Have a Choice?
Economists say companies generally have to pass along the cost of tariffs. But populists on the left and right say the president may have a point. Source link
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‘I can’t be still here if…’: Elon Musk says he’s committed to still be Tesla CEO in 5 years’ time
NEW DELHI: Elon Musk on Tuesday reaffirmed his commitment to lead Tesla for at least the next five years, addressing investor concerns and political backlash during a video appearance at the Qatar Economic Forum hosted by Bloomberg. His remarks followed a recent trip to Doha as part of US President Donald Trump’s Middle East delegation.When…
RIL moves SC against Delhi HC order in $1.7 billion gas dispute with govt
NEW DELHI: Reliance Industries Ltd (RIL) and its foreign partners have moved the Supreme Court against the Delhi High Court‘s February ruling quashing an arbitral award in their favour in the dispute with the Centre’s $1.7 billion claim over alleged siphoning of gas from a Krishan=Godavari field off the Andhra coast.RIL filed the lead petition…
G7 Officials Gather Amid Headwinds From Trump’s Trade War
Treasury Secretary Scott Bessent will meet his international counterparts at a G7 finance ministers meeting in Canada. Source link
Income tax department notifies ITR-U: Extended window for filing updated return, penalties- all you need to know
NEW DELHI: The Income Tax Department has officially notified the updated return form, called ITR-U, allowing taxpayers with an extended window of four years to rectify or update their income tax returns. This move comes in line with the amendments introduced in the Finance Act, 2025.Previously, taxpayers had a 24-month period to file an updated…
Rupee falls 16 Paise to 85.58 against US Dollar weighed by global yield concerns, foreign outflows
NEW DELHI: The rupee declined by 16 paise to settle at 85.58 against the US dollar on Tuesday, weighed down by weak domestic equity markets and a rise in US Treasury yields. The drop marked a reversal from Monday’s gain, when the rupee had appreciated by 15 paise to close at 85.42.Currency dealers attributed the…
Quality Control Order implementation for electrical appliances deferred to March 2026 following stakeholder talks
NEW DELHI: The government has extended the implementation timeline for the Safety of Household, Commercial and Similar Electrical Appliances Quality Control Order, 2025 by nearly one year, now scheduled to take effect from March 19, 2026, for domestic large and medium enterprises as well as foreign manufacturers.The decision follows a stakeholder consultation held on May…
Are You a European in a Housing Crunch? We Want to Hear From You.
To help us report on the housing crisis in Europe, we want to learn about the housing pressures you are dealing with, how they are affecting your community and how they are being solved. Source link
Musk says Tesla ‘doing well’ after slump; promises less political spending in future
Tesla CEO Elon Musk on Tuesday announced he will remain at the helm of the electric vehicle giant for at least the next five years, brushing off criticism over his political involvement with US President Donald Trump and insisting that Tesla’s sales and market position have rebounded sharply.“We’re strong everywhere else. So sales are… doing…
Big hit for Indians in the US! How Donald Trump’s steps to curb migration, tax remittances may cost India billions of dollars
The Trump administration is bringing The One Big Beautiful Bill, which carries significant implications for many Indians residing in the US. (AI image) India is staring at a double whammy – It is at the risk of losing a several billion dollars remittance lifeline as US President Donald Trump cracks down on migration. Not only…