Jobs Report Delayed Because of Partial Shutdown
The report, scheduled for Friday, would have provided data on job growth, unemployment and wages in January. Source link
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India-US trade deal: 25% penal tariffs linked to Russian oil gone? Here’s what we know
India and the US have announced a trade deal, with the Trump administration lowering the tariffs on Indian exports to 18%. (AI image for representative purpose) US President Donald Trump has reportedly agreed to remove the 25% tariff America imposed on India for its crude oil imports from Russia. A New Delhi–based source quoted in…
Minnesota Economy Suffers as I.C.E. Cracks Down
Immigration raids have scared off customers and workers, a pattern repeated in other cities where federal officials have arrived in force. Source link
SEZ domestic sales at concessional duty will boost import substitution and jobs, says commerce secretary
Commerce Secretary Rajesh Agrawal (Photo-PTI) The Budget FY27 proposal to allow Special Economic Zone (SEZ) units to sell goods in the domestic market at concessional duty rates is expected to boost import substitution and generate employment, Commerce Secretary Rajesh Agrawal said, adding that detailed operational guidelines will be rolled out in the next two to…
The Key to Managing Tariffs: Be Big and Have the President’s Ear
Several large American manufacturers are thriving despite the threat of higher costs. Smaller ones are struggling. Source link
US plans $12 billion stockpile to cut China dependence; rare earth security becomes strategic priority
The United States is preparing to launch a $12 billion critical minerals stockpile initiative aimed at reducing dependence on China for rare earths and other strategic resources, according to a White House official, as Washington intensifies efforts to secure supply chains for key industries, AFP reported.The project is expected to combine about $1.7 billion in…
The Effects of Tariffs, One Year Into Trump’s Trade Experiment
Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration Source link
Union Budget 2026: Can PROIs save Indian stock market from FII sell-offs?
Global investors pulled out more than $3 billion in January, following withdrawals of over $18 billion in 2025. (AI image) Finance Minister Nirmala Sitharaman’s Union Budget 2026 has sought to enhance stability in India’s stock market by increasing the investment limits for NRIs. The government is seeking to draw more money from NRIs in the…
Stephen Ross and Ken Griffin Think Florida Is the Future for Business
Stephen Ross, the real estate developer, and Ken Griffin, the billionaire financier, are trying to attract businesses to their new base, South Florida. Source link
Govt weighs LIC FPO next financial year to meet 10% public shareholding rule
The government is considering further dilution of its holding in Life Insurance Corporation (LIC) through a follow-on public offering in the next financial year, as it moves towards meeting minimum public shareholding norms, PTI reported.Financial Services Secretary M Nagaraju said the process will be gradual and linked to market conditions, with the Department of Investment…