The average rate on a 30-year mortgage in the US fell to 6.58% this week, its lowest in nearly 10 months, offering prospective homebuyers a boost in purchasing power amid a sluggish housing market, Freddie Mac reported on Thursday. The long-term rate declined from 6.63% last week, while a year ago it averaged 6.49%, AP…
Treasury Secretary Scott Bessent sought total control over the I.R.S., an agency where Mr. Long, the new commissioner, had started to put his own mark on the job. Source link
Manufacturing in Ireland has long helped many American drug companies pay lower taxes. But that strategy was designed for a world without President Trump’s tariffs. Source link
Russian oil major Rosneft-backed Nayara Energy Ltd is engaging with the Indian government and trade partners to ensure smooth transactions and maintain operational stability at its Vadinar refinery in Gujarat, which has been impacted by European Union sanctions.The company, included in the EU’s 18th sanctions package on Russia over the Ukraine conflict, has faced challenges…
Passengers are facing blocked wheelchair space, getting stuck in doors and suffering other indignities 35 years after the Americans With Disabilities Act became law. Source link
S&P has said that the impact of US tariffs is not likely to be extensive on India’s economy. S&P Global, the US-based credit ratings agency, has upgraded India’s rating to ‘BBB’ from ‘BBB-) citing several positive factors in favour of the world’s fifth largest economy. S&P’s confidence in India’s growth story comes at a time…
The Trump administration’s unorthodox Chinese export pact with Nvidia and Advanced Micro Devices is worrying trade experts. Source link
Debt-laden Vodafone Idea reported a consolidated net loss of Rs 6,608 crore for the quarter ended June 30, 2025, widening from Rs 6,426.7 crore a year earlier, as higher finance costs weighed on earnings.Revenue from operations rose about 5% to Rs 11,022.5 crore in the April–June period, compared with Rs 10,508.3 crore in the same…
Processed-food giants and produce growers are tweaking products and ads to reach the Make America Healthy Again movement. But the strategy carries risks. Source link
Gold loan NBFC Muthoot Finance shares surged nearly 10 per cent on Thursday after the company posted a 65 per cent year-on-year jump in consolidated profit after tax (PAT) for the June quarter.The stock climbed 9.83 per cent to close at Rs 2,757.55 on the BSE, after touching an intra-day high of Rs 2,799 —…
