Airlines Cancel Hundreds of Flights In Anticipation of Powerful Winter Storm
Airlines are canceling hundreds of flights over the weekend in anticipation of frigid weather and ice and snow across much of the country. Source link
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India Budget 2026: Travel and tourism industry seeks demand boost, infrastructure support
Taj Mahal, Agra (File photo) MUMBAI: As the Union Budget 2026 approaches, stakeholders across India’s travel, tourism and hospitality sectors are seeking policy continuity, improved financing frameworks and measures to stimulate consumer spending. While domestic travel demand has remained resilient, foreign tourist arrivals are still below earlier peak levels, prompting industry leaders to look to…
PwC launches ‘AI Edge for Viksit Bharat’ to unlock $550 bn across five Indian sectors
PwC India on Friday unveiled an AI framework here to unlock USD 550 billion by 2035 in five key sectors of agriculture, education, energy, healthcare and manufacturing. Launching the report, AI Edge for Viksit Bharat, at the World Economic Forum Annual Meeting here, PwC said India is positioned as a potential global benchmark for how…
What to Know About New Rules for 401(k) ‘Catch-Up’ Contributions in 2026
Older high-income workers who make contributions beyond the standard amount will have to put that extra money into a Roth 401(k). That may lower their take-home pay. Source link
US markets today: Wall Street drifts lower into quieter close; tariff walk-backs cap volatility
US stocks edged lower on Friday as a turbulent week marked by tariff threats and reversals headed toward a calmer finish, with investors turning cautious amid limited clarity on trade and geopolitical signals.In early trade, the S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 258 points, or 0.5%, AP reported. The Nasdaq…
Low Rates Sound Great. But a Trump Fed Could Cause a Painful ‘Sugar High.’
Dropping rates more than conditions warrant would stimulate the economy in the short term but could lead to trouble, our columnist says. Source link
Bloodbath on D-Street! Investors lose over Rs 16 lakh crore this week as Nifty, Sensex crash; market down 5% from lifetime highs
Market participants said sentiment was further undermined by a shift towards safe-haven assets and persistent foreign fund outflows. (AI image) It’s a bloodbath on Dalal Street! Indian stock market indices, Nifty50 and BSE Sensex, have crashed over 2% this week, leading to investors losing over Rs 16 lakh crore. Even as US President Donald Trump’s…
The Message Behind Trump’s Lawsuit Against JPMorgan
The president’s legal efforts against the Wall Street giant and Jamie Dimon, its chief executive, have put Corporate America on edge. Source link
Trump tariffs, falling rupee: What are the biggest risks to India’s growth story & can the Budget protect it?
Even as India’s GDP growth has beaten forecasts so far this financial year – the big question is can it continue to grow well amidst the global economic storm? (AI image) India is the world’s fastest growing economy – with an over 6-7% GDP growth rate – the world’s fifth largest economy is driving global…
Forex reserves rise by $14 billion; stock climbs to $701.36 billion: RBI
With India’s foreign exchange reserves rebounding sharply during the week, the country’s overall forex buffer rose by $14.167 billion to $701.36 billion in the week ended January 16, RBI data showed on Friday.The increase follows a relatively modest rise of $392 million in the previous week, when total reserves had edged up to $687.193 billion.While…