Paramount Threatens Board Fight Over Warner Bros. Discovery
The announcement was the latest in a series of increasingly aggressive actions by Paramount to buy Warner Bros. Source link
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Boeing 737 MAX lawsuits: Second US trial opens over 2019 Ethiopian Airlines crash; Canadian family presses damages claim
A US federal court in Chicago on Monday began hearing a second damages trial against Boeing over the fatal 2019 crash of an Ethiopian Airlines 737 MAX aircraft, as a Canadian plaintiff sought compensation for the loss of multiple family members in the tragedy.The case has been filed by Manant Vaidya, whose sister Kosha Vaidya…
Trump Administration Nears Trade Deal With Taiwan
The Trump administration is completing a trade deal with Taiwan that would reduce tariffs on the island’s exports and commit its largest chipmaker, Taiwan Semiconductor Manufacturing Corporation, to invest significantly more in the United States, according to three people familiar with the matter. The agreement, which has been under negotiation for months, is being legally…
‘Fed’ up Trump launches probe into central bank chief
The TOI correspondent from Washington: US President Donald Trump is on the warpath against Venezuela, Cuba, Iran, Greenland — and the Federal Reserve. In a move that has rattled financial markets and political circles alike, the Trump administration’s Justice Department has launched a criminal investigation into Federal Reserve Chair Jerome Powell, marking an unprecedented clash…
Net direct tax kitty swells 9 pc to Rs 18.4 lakh cr till Jan 11
Net direct tax collection grew about 8.82 per cent to over Rs 18.38 lakh crore in the current fiscal till January 11 due to slower refunds and better corporate tax mop-up.Data released by the Income Tax Department on Monday showed that net corporate tax collection grew 12.4 per cent to over Rs 8.63 lakh crore,…
Fed Changes Course and Takes On Trump’s Political Fight
The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates. Source link
Banking supervision: Need to shift from snapshot checks to continuous oversight; says RBI deputy governor
Reserve Bank of India Deputy Governor Swaminathan J on Friday called for a fundamental shift in banking supervision, stressing that oversight must move from periodic, point-in-time assessments to continuous awareness, as digital risks increasingly redefine financial stability, PTI reported. Speaking at the Third Annual Global Conference of the College of Supervisors on ‘Issues and Challenges…
Stocks, Bonds and the Dollar Slip on Threat to Fed Chair Powell
The broad shift out of U.S. financial assets revived last year’s trend called the “sell America” trade. Source link
Budget 2026: ESOP tax treatment cries out for certainty
Employee Stock Option Plans (ESOPs) have emerged as a critical tool for companies to attract and retain talent. Yet, despite their growing use, especially in multinational group structures, the tax treatment of ESOPs in India continues to be riddled with uncertainty, leading to disputes for both employers and employees.Two areas warrant urgent attention which Budget…
The Potential Fallout From a Legal Attack on Powell
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence. Source link