Top Tax Official to Leave Trump Administration
Ken Kies, who held two top jobs at the Treasury Department and the I.R.S., is leaving the government. Source link
business
Read More
India Forced Labour Imports: India moves to block imports linked to forced labour amid USTR probe
India: The import of goods produced or manufactured, wholly or in part, through the use of forced labour is prohibited. (AI image) NEW DELHI: Amid US Trade Representative’s Section 301 probe on failure of 60 countries, including India, to check imports using forced labour, govt has decided to insert a new clause seeking to block…
The Fed’s new chairman is asking for advice.
Five new task forces are focused on topics that Kevin M. Warsh, the chairman of the Federal Reserve, has said are “central to the broad conduct of monetary policy.” Source link
Warren Buffet Declines to Donate to Gates Foundation Amid Epstein Revelations
The decision by the Berkshire Hathaway founder comes in the wake of Epstein revelations that have troubled the Gates Foundation. Source link
Railways tightens norms for project contractors; unveils covered fly ash transport and rolls out unified licence
From covered fly ash transport to a unified licence regime and stricter contractor norms, Railways has unveiled a series of reforms to improve logistics and project execution. Indian Railways on Tuesday announced a series of freight and logistics reforms, including the introduction of specialised covered containers for transporting fly ash and a unified all-India licence…
Trump Paid $2 Million by South Korean Company Facing Trade Investigation
The payment illustrates the minefield Mr. Trump has created by maintaining personal financial ties with foreign businesses while he is in office. Source link
Russia Sanctions Bill: US eases Russia sanctions bill, cuts tariff threat on India and China from 500% to 100%
US senators on Tuesday unveiled a revised version of a Russia sanctions bill that seeks to pressure Moscow and its major energy buyers, including India and China, while easing some of the toughest provisions from the original proposal.The bipartisan legislation, originally championed by the late Republican Senator Lindsey Graham, aims to impose sanctions on Russian…
Leonard Abramson, Health Care Innovator and Philanthropist, Dies at 93
He created U.S. Healthcare, one of the first H.M.O.s, and used his great wealth from the sale of the company for causes like advancing cancer research. Source link
Govt releases first services production index; 14 of 19 sub-sectors post double-digit growth
First services production index shows double-digit growth in 14 sub-sectors in April The government on Tuesday released the first trial Index of Services Production (ISP), showing that 14 of the 19 formal services sub-sectors recorded double-digit year-on-year growth in April.The trial index, with 2024-25 as the base year, covers about 60 per cent of India’s…
White House Cheers Inflation Data While Iran War Sparks New Price Surge
The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high energy prices. Source link