Trump Administration Pushes I.R.S. to Identify Undocumented Immigrants
The deliberations are a sign that the Trump administration may once again try to harness the power of the I.R.S. to advance its immigration agenda. Source link
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Petrol and diesel prices may rise if Middle East crisis persists, says RBI Governor Sanjay Malhotra
Reserve Bank Governor Sanjay Malhotra has said the government may eventually have to raise petrol and diesel prices if the ongoing Middle East crisis continues for a prolonged period, PTI reported on Wednesday.Speaking at a conference in Switzerland on Tuesday, Malhotra said the disruption in oil and gas supplies due to the conflict and blockade…
An Uncertain World Awaits the Reopening of the Strait of Hormuz
Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond. Source link
With better than Rajdhani experience & 160 kmph speed, can Vande Bharat sleeper trains be a game-changer for Indian Railways?
Vande Bharat sleeper train Premium trains – better than Rajdhani and Tejas Express – and offering enhanced passenger comforts and importantly higher average speeds will in the coming years be the new reality for overnight travel on Indian Railways – courtesy the Vande Bharat sleeper train project. Over 250 new trains are in the pipeline…
Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant. Source link
RBI eases outward remittance norms, removes prior approval requirement for non-bank entities
The Reserve Bank of India (RBI) on Wednesday removed the requirement for non-bank entities to obtain prior approval for tie-up arrangements to facilitate outward remittance services through banks in India, PTI reported.The central bank also issued a revised operating framework for facilitating outward remittance services by non-bank entities through Authorised Dealer (AD) Category-I banks.“On a…
With a Friend in Trump, the Tobacco Industry Secures a Lucrative Win
In a dispute over vapes, the president sided with tobacco companies that filled his groups’ coffers over his own F.D.A. commissioner, who resigned in protest. Source link
Mother Dairy hikes milk prices by Rs 2 per litre from May 14
Dairy product major Mother Dairy on Wednesday increased milk prices by Rs 2 per litre across key variants with effect from May 14, PTI reported.Separately, Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets products under the Amul brand, also raised milk prices by Rs 2 per litre across India.The latest back-to-back price revisions by two…
Redbird aircraft crashes, cadet pilot safe
Mumbai: A Redbird Aviation training aircraft was involved in an incident near Baramati airport in Maharashtra on Tuesday during a solo training sortie, though the cadet pilot escaped unhurt, the flying training organisation said.The aircraft, a Tecnam P2008JC bearing registration VT-RFY, was involved in the occurrence at Gojubavi in the vicinity of Baramati airport at…
Why a Warsh-Led Fed May Keep Interest Rates Higher for Longer
Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed. Source link