Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over the Federal Reserve chair. Source link
business
Read More
Indian economy resilient: GDP likely to grow 6.5% in FY26 despite global shocks, says EAC-PM chief S Mahendra Dev
India’s economy is expected to grow at 6.5% in FY26 despite global geopolitical tensions and trade policy uncertainty, according to S Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM).In an interview with PTI, Dev said the outlook is supported by a combination of domestic tailwinds such as low inflation, a…
Rising Inflation Underscores Risks in Trump’s New Tariff Threats
New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug. 1. Source link
Currency watch: Rupee rises 16 paise to 85.76 against dollar; crude oil slide & weak greenback lift sentiment
The rupee appreciated by 16 paise to settle at 85.76 against the US dollar on Tuesday, helped by a weaker greenback and softer crude oil prices globally. However, persistent foreign fund outflows and uncertainty surrounding the ongoing India-US trade negotiations limited the currency’s upward movement, according to forex dealers.At the interbank foreign exchange market, the…
Even Grave Errors at Rehab Hospitals Go Unpenalized and Undisclosed
For-profit hospitals provide most inpatient physical therapy but tend to have worse readmission rates to general hospitals. Medicare doesn’t tell consumers about troubling inspections. Source link
Donald Trump announces new deal! Indonesia faces reduced 19% tariff rate; to buy $15 billion in US energy, 50 Boeing jets & more
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Tuesday declared a sweeping new trade deal with Indonesia, dramatically slashing tariffs on its exports to 19 per cent, down from the previously threatened 32 per cent, while unlocking full market access for American goods in the Southeast Asian nation.Announcing the…
Federal Prosecutors Close Inquiry Into Polymarket Betting Website
The site became prominent last year when people bet on the outcome of the 2024 presidential election. Source link
‘Going to have access into..’: Donald Trump shares update on India-US trade deal after Indonesia tariff agreement; says ‘working on same line…’
Trump administration is reportedly mulling a trade deal in which India will likely face tariffs of less than 20%. India-US trade deal: US President Donald Trump on Tuesday said that America is working on a deal with India which gives greater access to Indian markets. Trump’s comments came on the back of a trade deal…
France Proposes Cutting Two Public Holidays to Avert Budget Crisis
Drastic measures are necessary “before we are crushed by the debt,” the country’s prime minister warned. Source link
Energy security: Global crude oil prices have remained relatively stable, says Hardeep Singh Puri; India eyes geothermal push
Union minister Hardeep Singh Puri (Pic credit- ANI) Petroleum and Natural Gas minister Hardeep Singh Puri on Monday said that global crude oil prices have remained relatively stable despite persistent geopolitical tensions, suggesting that the world has sufficient energy resources to meet demand.“There are many things that have an impact on crude prices. People say…