Top F.D.A. Official Resigns Under Pressure
After turning down several new drugs and restricting use of another, Dr. Vinay Prasad drew the ire of the right-wing influencer Laura Loomer and others. Source link
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Buy or sell: Stock recommendation by brokers for July 30, 2025
JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and order wins remained strong. They said they were not unduly concerned about BEL’s revenue growth. The PSU major’s order wins were well ahead of the…
Layoff impact weighs: TCS loses Rs 28,149 crore in market cap in 2 days; 12,000 job cuts planned
Tata Consultancy Services (TCS) has lost over Rs 28,000 crore in market capitalisation across two days, following its announcement to lay off about 12,000 employees globally over the course of this year.The IT major’s shares continued to slide for a second straight session on Tuesday, slipping 0.73% to close at Rs 3,056.55 on the BSE….
India-UK trade deal: Only partial curbs on country’s poultry exports
NEW DELHI: In a relief for exporters, the UK trade deal provides for restricting poultry imports from only certain parts of India, as opposed to all exports from the country, with a new audit system for shrimps expected to speed up shipments as individual units will not be subject to repeated audits once the national…
Trump’s latest: May slap India with 20-25% tariff
NEW DELHI: President Donald Trump on Tuesday said India may be hit with a tariff of 20-25% – a little lower than the 26% reciprocal tariff announced in April – but cautioned that the final levy had still not been finalised as the two countries negotiate a trade deal ahead of an Aug 1 deadline.“I…
L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore
L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950…
Starbucks Earnings Show Same-Store Sales Slid Amid Turnaround Effort
The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in more than a year. Source link
India-US trade deal: Donald Trump says not finalized; hints at 20-25% tariff rate two days ahead of reciprocal tariff deadline
India-US trade deal: Trump’s remarks come two days ahead of the August 1, 2025 reciprocal tariff deadline. India-US trade deal: Ahead of his self-imposed tariff deadline, US President Donald Trump has said that a trade agreement with India has not yet been finalized. “India trade deal not been finalized,” said Trump. Asked whether India would…
Shoppers Embrace ‘Christmas in July’ Amid Rising Costs and Tariff Limbo
People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money. Source link
Air India starts online yoga for stressed crew members; pilots say address real issues
NEW DELHI: Air India has begun conducting “online yoga” classes for its crew members, including pilots who have been under severe psychological stress post the June 12 Ahmedabad crash. The Directorate General of Civil Aviation (DGCA) had soon after that accident directed major Indian carriers to hold post trauma mental health workshop for their flight…