Will Investors Ever Believe Trump’s Threats Against Powell?
President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street are getting more concerned. Source link
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HDFC Bank CEO highest paid banker in FY25; takes home Rs 12 crore – check how much other top bank bosses got
Top executives at India’s private banks saw only modest increases in their FY25 pay packages, as the Reserve Bank of India maintained strict oversight on CEO compensation, with salaries, bonuses, and stock options requiring prior regulatory approval as part of a wider effort to ensure transparency and restraint, according to an ET report.Here is how…
Wall St. Firms Are Buying Utilities to Tap Into the A.I. Boom
Consumer groups say proposals by BlackRock and Blackstone to buy energy companies in Minnesota, New Mexico and Texas could hurt residents. Source link
Aadhaar-based identity verification: UIDAI plans simplifying offline Aadhaar for citizen KYC; push for safer, user-friendly process
The Unique Identification Authority of India (UIDAI) is taking steps to bolster the offline Aadhaar-based identity verification process, aiming to make it more secure, user-friendly, and widely adopted across financial and fintech services, as per two senior bankers. What is the key objective? The key objectives of UIDAI’s latest move are to allow Aadhaar-based KYC…
They Grew Up on Mexican Coke. Trump’s Cane Sugar Plan Makes Them Uneasy.
After President Trump announced that Coke will be made with cane sugar in the U.S., as it is in Mexico, foodies of Mexican heritage said in interviews that they weren’t excited. Source link
Andhra’s economic revamp: Naidu rolls out roadmap to cross $2 trillion mark; eyes Rs 30 lakh crore investment in 5 years
Over the upcoming 2 decades, Andhra Pradesh might evolve into a $2 trillion state economy! A state taskforce led by CM N Chandrababu Naidu has laid out a roadmap to turn the state into a $2.4 trillion economy by 2047. The taskforce is co-chaired by Tata Sons chairman N Chandrasekaran and includes top industry leaders.Naidu…
Trump Wants Lower Rates. Firing Powell Could Push Them Higher.
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question. Source link
Trump, NATO tariff threat on Russia’s crude oil: India not worried about sanctions, says Hardeep Puri; ‘if something happens, we’ll…’
Trump has threatened 100% tariff on Russian exports, including oil, alongside equivalent secondary charges for nations importing Russian good. Oil Minister Hardeep Singh Puri is confident that if crude oil imports from Russia face sanctions or secondary tariffs by NATO and the US, India is capable of meeting its energy requirements. Since February 2022, Indian…
‘Character assassination’: Delhi HC asks Wipro to pay Rs 2 lakh for defamation of ex-employee; termination letter full of ‘stigma and insinuations’
Justice Purushaindra Kumar Kaurav directed Wipro to remove the unfounded stigmatic comments about the former employee’s professional conduct. Wipro, India’s major IT services company, has been asked by Delhi High Court to pay Rs 2 lakh to a former employee, alleging ‘character assassination’. The court has issued a defamation ruling against Wipro regarding a contentious…
India-US trade deal: India receptive to imports of GM farm products used in animal feed? Mini deal in works as Trump deadline nears
India shall host this year’s summit of the four-nation Quad alliance, which includes the United States, Australia and Japan. (AI image) India-US trade deal: As part of the ongoing trade deal negotiations with the US, India appears to be open to imports of some genetically modified agriculture products that are used for animal feed. India’s…