Steel Tariffs Are Raising the Price of Canned Foods
The cost to put food in cans remains high because manufacturers must still import steel from overseas. U.S. Steel plans to reopen a tin-plate factory. Source link
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Oil prices today: Crude slips after three-day rally as markets track Iran ceasefire and Donald Trump-Xi Jinping summit
Oil prices edged lower on Wednesday after posting gains for three straight sessions, as investors closely monitored the fragile ceasefire linked to the Iran conflict and awaited the outcome of a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping.As per Reuters, Brent crude futures fell 82 cents, or 0.76%, to $106.95…
Justice Dept. Officials Consider Settling Trump Suit Against I.R.S.
One of the settlement terms under review is for the I.R.S. to drop any audits of the president, his family members and businesses. Source link
Gold, silver import duty raised to 15% from 6% as government moves to curb imports, support rupee
NEW DELHI: The government on Wednesday raised import tariffs on gold and silver to 15% from 6%, according to Reuters. The move is aimed at curbing precious metal imports and easing pressure on India’s foreign exchange reserves.The sharp increase in duties comes just days after Prime Minister Narendra Modi urged Indians to avoid buying gold…
UK Bond Yields Rise With Starmer’s Future as Prime Minister in Doubt
The yields on British debt pushed higher as the country’s prime minister, Keir Starmer, confronted a rebellion from members of his party. Source link
Global challenges a wake-up call for India Inc: Piyush Goyal
NEW DELHI: Commerce and industry minister Piyush Goyal on Tuesday said the ongoing global challenges should act as a “wake-up call” for Indian industry to become self-efficient and productive, make better use of free trade agreements, and reduce dependence on imports to strengthen the economy.Amid trying times, India has an opportunity to outshine others, he…
How an ‘Impossible’ Idea Led to a Pancreatic Cancer Breakthrough
The new strategy also holds promise for lung and colon tumors. Here’s how scientists discovered it. Source link
Freights may see further rise: Mitsui OSK
MUMBAI: Mitsui OSK Lines, which runs one of the largest shipping fleets globally, on Tuesday said that container rates may rise further as there is a gap between freight rates and increase in cost as bunker oil prices have doubled in Asia.During an interaction with TOI, the Japanese company’s global president and CEO Jotaro Tamura…
Tomato Prices Soar as War, Tariffs and Weather Affect a Popular Crop
Tomato prices surged nearly 40 percent in April, the Consumer Price Index showed. Source link
Entry-level smartphone market shrinks 59%
NEW DELHI: India’s entry-level smartphone market suffered a collapse in the first quarter of 2026. Rising component costs and weakening consumer demand reshaped the country’s handset landscape, according to new data from IDC.India’s overall smartphone shipments declined 4.1% year-on-year to 31 million units in Q1 2026, but the steepest pressure was concentrated in devices priced…