Builders Find Hardship in Trump’s Tariffs And Deportations
Material costs are rising, workers are scarce and customers are delaying new construction plans. Source link
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Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer (BOT) model, a senior official said.Road Transport and Highways Secretary V Umashankar said the ministry has revised the BOT document to make…
Will Trump’s Tariff Deal Tilt the Playing Field Back Toward China?
The president’s trade truce with China has lowered U.S. tariffs to a level that could pause a longer-term effort to reduce America’s dependence on Beijing. Source link
FY26 fiscal targets: Meeting estimates might be difficult; UBI report flags weak tax growth
India’s goal of meeting its full-year financial targets for FY26 may prove difficult, with a new report from Union Bank of India flagging slower-than-expected growth in corporate and income tax collections. The bank’s report points out that the Centre’s fiscal strategy for FY26 relies heavily on strong tax revenues, even as capital expenditure continues at…
Food Stamp Cuts Expose Trump’s Strategy to Use Shutdown to Advance Agenda
The president has stretched the limits of his powers to help those at the heart of his agenda, not the many in greatest need. Source link
Market recap: Mcap of four of top 10 valued firms jumps Rs 95,447 crore; Reliance leads the gains
The stock market’s weekly movement left a split outcome for India’s most valued companies, with only four of the top 10 firms recording gains even as the remaining six together lost Rs 91,685.94 crore in market capitalisation.Reliance Industries delivered the strongest performance of the week, adding Rs 47,431.32 crore to its valuation. With this rise,…
India’s fuel demand: Festive season fuels petrol sales; diesel sees marginal drop in October
India recorded divergent fuel demand patterns in October, with petrol sales touching their strongest level in five months while diesel usage showed no festive lift, according to preliminary industry data, cited by PTI.The beginning of the festival travel period pushed petrol consumption to 3.65 million tonnes during the month. This is a 7% increase from…
Indian Railways October dashboard: Freight loading climbs 2.3% year-on-year; highest-ever monthly freight earnings recorded
Indian Railways ended October on a strong note, reporting its highest monthly freight revenue to date. The national transporter generated Rs 14,216.4 crore in freight earnings for the month, supported by a rise in cargo volumes and a wider mix of commodities being transported, according to ET.Freight loading in October reached 133.9 million tonnes (mt),…
Preparing to settle in Portugal? Think again: Lisbon doubles citizenship timeline; wealthy Indians rethink golden visa plans
Portugal has made a major change to its citizenship rules, doubling the minimum time foreigners must live in the country before being eligible for a passport, from five years to as long as ten. The move has given a major blow to the plans of wealthy Indians who used Portugal’s golden visa route to eventually…
US–China trade reset: From port fees, tariffs to rare earths — What Donald Trump and Xi Jinping agreed on
The trade talks between US President Donald Trump and Chinese President Xi Jinping in Busan last week resulted in several breakthrough agreements, easing tensions for the two economies. These ranged from soybean purchases, tariff cuts and rare-earth export restrictions and more, though details were initially withheld. Trump-Xi Summit: America’s F-35 Rare Earths ‘Weakness’ China Won’t…