Trump Imposes Limited Tariffs on Foreign Semiconductors
The tariffs will allow President Trump to take a cut of Nvidia’s chip sales to China while putting off a decision about imposing higher taxes on the chip industry. Source link
business
Read More
Stock market holiday: Why BSE and NSE are closed on January 15; what investors should know
Indian stock markets will remain closed for trading on January 15 after both the BSE and NSE revised their calendars in view of municipal corporation elections in Maharashtra, turning what was earlier marked as a settlement holiday into a full-fledged trading holiday.The Bombay Stock Exchange said trading will be suspended across equities, equity derivatives, commodity…
Kaiser Permanente Agrees to Pay $556 Million to Settle Medicare Overbilling Claims
The Justice Department and whistle-blowers accused the major health insurer of overbilling the government for about $1 billion under the private plans. Source link
Budget 2026: Govt may raise capex spending 10–15%; private investment remains uneven
The government is likely to retain its strong focus on public capital expenditure in the upcoming Union Budget 2026, with the capex outlay expected to rise by 10–15 per cent from the current level of Rs 11.21 lakh crore, even as private sector investment continues to remain cautious, experts said, as reported PTI.The Budget, which…
Food Prices Keep Climbing, Rattling Consumers and Trump
Weather, supply, tariffs, labor and changing consumer habits continue to drive up the cost of groceries. President Trump falsely claims prices are falling. Source link
US sales data: Retail sales rise 0.6% in November as holiday spending picks up; wholesale inflation stays modest
US retail sales rose a better-than-expected 0.6% in November as holiday shopping gathered momentum, following a revised 0.1% decline in October, according to data released by the Commerce Department. The report was delayed by more than a month due to the 43-day federal government shutdown, AP reported.Retail sales had edged up 0.1% in September, after…
Why Banks Are So Worried About a 10% Credit Card Rate Cap
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. Source link
The Mutual Fund Advisor: What really makes a mutual fund ‘Good’? It’s not last year’s return
The most visible aspect of a fund is its past returns. That’s also the most dangerous thing to obsess over. (AI image) What really makes a mutual fund ‘Good’? It’s not last year’s return, the TV ad or the number of stars on the brochure.Let me guess what happens when you start looking at mutual…
Verizon Outage Affects Tens of Thousands of Users, Tracking Site Shows
A spokeswoman for Verizon said the carrier was working to resolve the issue. Source link
Budget 2026: CII pushes green hydrogen mandates with incentives to unlock demand; seeks policy clarity
Industry body CII has called on the government to issue clear green hydrogen mandates, supported by incentives, to accelerate demand creation and help India transition towards a cleaner industrial economy, PTI reported.The Confederation of Indian Industry said sectors that currently rely heavily on grey hydrogen — such as refining, fertilisers and natural gas — are…