His Start-Up May Not Survive Chaotic Rollout of Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company. Source link
business
Read More
Stock market today: Nifty50 opens flat; BSE Sensex near 83,550
Indian markets are expected to be cautious, awaiting the finalisation of the India-US mini trade deal. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Thursday. While Nifty50 was near 25,475, BSE Sensex was above 83,550. At 9:18 AM, Nifty50 was trading at 25,475.90. BSE…
Easing financing conditions may boost NBFCs’ credit prospects: FM Nirmala Sitharaman
Nirmala Sitharaman (File photo) NEW DELHI: Easing of financing conditions is expected to help improve credit prospects for the NBFC sector, according to finance minister Nirmala Sitharaman. Recent regulatory measures, such as the restoration of risk weights on bank lending and easing of financial conditions, are anticipated to further enhance credit prospects, thereby strengthening the…
ICICI Prudential Mutual Fund plans Rs 10k crore IPO, Prudential to sell 10%
MUMBAI: Another large-size IPO is being planned in the current year. Prudential Corp of UK, the joint venture partner of ICICI Bank in ICICI Prudential Asset Management, is selling 10% stake in the company through an initial public offering that could be worth around Rs 10,000 crore. On Tuesday, the AMC had filed the papers…
Youth Sports Are a $40 Billion Business. Private Equity Is Taking Notice.
An American obsession is attracting investments in baseball fields, volleyball courts and football camps, intensifying the gap between families with means and those without. Source link
‘FTAs to give farmers greater market access’: Commerce and industry minister Piyush Goyal
Piyush Goyal (File photo) New Delhi: Commerce and industry minister Piyush Goyal said on Wednesday that free trade agreements (FTAs) will help domestic farmers with greater market access in. Australia, UAE, UK and EFTA countries.“We have reduced non-trade barriers for our farmers…We are doing FTAs with developed markets…Australia, UAE, EFTA, UK…through these agreements, we have…
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward. Source link
Donald Trump targets Brazil: US President announces 50% tariffs; cites ‘witch hunt’ against Bolsonaro
US President Donald Trump announced on Wednesday his intention to implement a 50% tariff on Brazilian imports, partially responding to what he terms a “witch hunt” against his political ally, former Brazil President Jair Bolsonaro, who faces coup-related charges.Trump’s letter addressed to President Luiz Inácio Lula da Silva stated the tariffs would commence August 1….
Ford Says Battery Plant’s Tax Break Survived Republican Attacks
Slight changes to the big policy bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles. Source link
Manipal Hospitals to buy Sahyadri in 6,000 crore deal
Image used for representative purposes NEW DELHI: Manipal Hospitals announced on Wednesday that it signed definitive agreements to acquire Sahyadri Hospitals from Ontario Teachers’ Pension Plan (Ontario Teachers’), a global investor. The acquisition will bring Ranjan-Pai backed Manipal’s total bed count to about 12,000, making it one of India’s largest hospital networks, says a company…