I.R.S. Tactics Against Meta Open a New Front in the Corporate Tax Fight
The agency is using real-world profit data to challenge how big companies value offshore intellectual property. Source link
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Why Tata Sons chairman N Chandrasekaran asked board to defer discussion on his reappointment
Since assuming the role of executive chairman in 2017, Chandrasekaran has guided the group through a phase marked by restructuring. Tata Sons executive chairman N Chandrasekaran requested that the board postpone deliberations on extending his tenure for a third term after differences surfaced during the Tata Sons board meeting on Tuesday, according to people aware…
US SC’s blow to Trump: FedEx sues US admin seeking ‘full refund’ of tariffs
FedEx has approached the US Court of International Trade seeking a refund of tariffs imposed under President Donald Trump’s emergency measures. This follows last week’s 6-3 Supreme Court verdict which ruled that Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA), a sanctions law, to impose tariffs on imported goods. In…
New data series: Real GDP growth data calculation methodology overhauled to improve accuracy – here’s what changes
Real GDP in India is calculated by adjusting nominal growth figures for inflation through the use of price indices. (AI image) India is set to release its first set of GDP or Gross Domestic Product data on the basis of a new series that may also address recent criticism from economists. The government is revamping…
Gujarat High Court: Unmarried woman denied job on assumption of marriage in future: Gujarat High Court sets aside ‘appointment tainted by favoritism’
The petitioner approached the High Court seeking quashing of the appointment order and her own appointment based on merit. (AI image) In a strongly worded decision that upheld the constitutional right to equality in the public employment, the Gujarat High Court ruled that refusal to employ an unmarried woman on the assumption that she might…
Gold price prediction today: Will gold prices continue their uptrend?
Gold extended its gain on February 23 on a weaker US Dollar as tariff uncertainty clouds the near-term outlook of the US economy. (AI image) Gold price prediction today: Gold prices may continue to rise if the US dollar weakness persists, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan:Gold…
The Looming Taiwan Chip Disaster That Silicon Valley Has Long Ignored
If China invades Taiwan and cuts off its chip exports to American companies, the tech industry and the U.S. economy would be crippled. Source link
IDFC First Bank share price today: Stock opens flat a day after 16% slump on Rs 590 crore fraud
IDFC First Bank share price today (AI image) IDFC First Bank share price today: IDFC First Bank stock opened in green on Tuesday a day after its shares recorded the worst crash since March 2020. At 9:18 AM, IDFC First Bank shares were trading at Rs 70.37, up 0.47%. The steep fall came on IDFC…
Stock market today: Nifty50 drops over 100 points; BSE Sensex goes below 83,000 on Trump tariff uncertainty
Stock market today: Nifty50 and BSE Sensex opened in red on Tuesday on weak global cues following fresh tariff threats from US President Donald Trump. While Nifty50 dropped over 100 points, BSE Sensex went below the 83,000 mark. At 9:16 AM, Nifty50 was trading at 25,608.90, down 104 points or 0.40%. BSE Sensex was at…
Supreme Court Considers Fate of Docks and Other Assets Seized by Cuba in 1960
Amid rising tensions with Cuba, the Trump administration is backing lawsuits that would allow Americans to get compensation for property confiscated by Fidel Castro’s regime. Source link