Mass Layoffs Trump Is Threatening in Shutdown Fight May Be Illegal
Unions have sued to block any firings, which budget experts believe are not even needed to protect essential federal services. Source link
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More Indians travel solo this festive season, Atlys data shows
BENGALURU: Indian travellers are redefining the festive season, with solo trips and millennials leading the way. Visa platform Atlys said it processed around 15,000 visa applications for the travels in the month of October 2025, with 71.5% meant for solo travellers, signalling a shift from India’s family-centric holiday traditions. Millennials made up 53.5% of applicants,…
Tesla Reveals Cheaper Versions of Model Y and Model 3
Elon Musk’s electric car company said the new versions would start at around $37,000 and $40,000, prices that bring its cars closer to comparable gasoline vehicles. Source link
Bumper harvest: Auto retails surge 34% in Navratri period on GST cuts
NEW DELHI: Auto retails surged by a strong 34% to a record 11.6 lakh units in the auspicious Navratri period as GST cuts – that came into effect from September 22 – as well as start of the festive season in north boosted demand. The same was 8.6 lakh units in the nine-day Navratri period…
Global Trade Growth to Slow Sharply Next Year, W.T.O. Says
The World Trade Organization said trade growth had proved more resilient in 2025 than expected, but would slow next year as result of President Trump’s tariffs. Source link
Gold prices hit record $4,000 in NY: Safe-haven demand rises amid US government shutdown; silver also hits 60% gain
AI image used for representative purposes Gold futures have exceeded $4,000 per troy ounce in an unprecedented surge, as investors seek secure financial holdings amid the ongoing US government shutdown.Gold futures in New York surpassed $4,000 on Tuesday morning, establishing a new record, as reported by Associated Press. The New York spot gold had previously…
EU Proposes 50% Steel Tariffs, a Move to Counter Chinese Imports
European officials want to sharply lower the bloc’s quota on tariff-free steel imports, while doubling levies to 50 percent, as President Trump’s tariffs create domino effects. Source link
Payday might get brighter next year! India to see 9% salary hike in 2026, finds survey; real estate, NBFCs to lead surge
India is projected to witness a 9 per cent salary increase in 2026, reflecting sustained economic resilience driven by stable consumption, investments, and supportive policy measures, according to Aon’s Annual Salary Increase and Turnover Survey 2025–26 India, released on Tuesday.The anticipated rise marks a marginal uptick from the 8.9 per cent hike recorded in 2025,…
White House May Try to Deny Back Pay to Furloughed Federal Workers
Union leaders and Democratic lawmakers say the move would run afoul of a law adopted under President Trump’s first term. Source link
‘$3 trillion gold idle in India’: Zerodha CEO Nithin Kamath talks on untapped financing prospect; Nifty 500 and gold returns compared
Nithin Kamath (File photo) Nithin Kamath, co-founder and CEO of Zerodha, talked about the persisting the gap between Indian households’ gold wealth and the equity funding needs of Indian businesses. According to World Gold Council data, Indian households hold gold worth approximately $3 trillion, much of which remains idle in storage, offering minimal contribution to…