What if You Can’t Believe the Official Numbers?
By besmirching the integrity of government statistics, President Trump is endangering an underappreciated treasure, our columnist says. Source link
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Tata Motors Q1 results: Net profit drops 62% to Rs 4,003 crore on lower volumes and JLR tariff hit; revenue slips to Rs 1.04 lakh crore
Tata Motors reported a sharp 62.2% year-on-year drop in consolidated net profit to Rs 4,003 crore for the June quarter (Q1 FY26), hurt by volume decline across segments, a fall in Jaguar Land Rover earnings, and the absence of a large one-time gain booked last year.In Q1 FY25, the company had posted a net of…
What a Trump Loyalist at the Fed May Mean for Markets
Stephen Miran, a close adviser to the president who is likely to become a governor at the central bank, has pushed for a weak dollar and lower interest rates. Source link
India’s auto retail slips 4.3%: Passenger vehicles, two-wheelers’ sales decline in July; tractor segment bucks trend with 11% growth
Retail sales of vehicles across categories in India declined 4.31 per cent year-on-year to 1.96 million units in July, reflecting weak consumer sentiment on a high base. While tractor sales posted strong double-digit growth, passenger vehicles and two-wheelers saw declines, and commercial vehicle sales remained largely flat. Robust rainfall and substantial crop sowing boosted tractor…
Intel’s CEO Defends Himself After Trump Calls For Resignation
Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments. Source link
Boost for Ujjwala beneficiaries: Govt approves Rs 30,000 crore payout to OMCs for LPG losses; move aims to ensure stable supply
NEW DELHI: In a major relief to public sector oil firms, the Cabinet on Friday approved a Rs 30,000 crore compensation package to offset their losses from selling domestic LPG below cost amid elevated international prices.The package will be paid to Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) in…
Can Russia’s Economy Withstand Trump’s Threats to Impose Sanctions?
The Russian economy was slowing even before President Trump’s latest threats. But the Kremlin has enough money to keep fighting in Ukraine. Source link
New steel ministry rules rattle medical device makers: Medical device makers seek BIS exemption; industry warns of system disruption
Representative image (AI-image) Medical product manufacturers face potential supply disruptions due to new steel ministry regulations, which require raw materials used in steel products to meet Indian standards.Industry leaders expressed concerns about their inability to comply with the latest rules that mandate BIS certification for imported raw materials like hot rolled steel and ingots. Previously,…
Truck Companies Sour on California’s Strict Clean Air Rules
A deal designed to force compliance with tougher emissions standards is as risk after the Trump administration intervened. Source link
US tariff hit on India: Electronics sector faces $20–30 billion potential loss; semiconductors could be next in line
India’s electronics sector could face a major hit, with potential losses of $20-30 billion in future business opportunities due to US tariffs, which may expand to include semiconductors, according to industry experts and company executives. Despite Apple and Samsung likely receiving tariff exemptions, including 100% semiconductor tariffs, due to their planned US investments and existing…