Trump Administration Scraps Cash Payments for Delayed or Canceled Flights
A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions. Source link
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‘Inform users about data breaches immediately’
NEW DELHI: The new digital personal data protection law, that becomes operational after the passage of supporting rules, mandates companies handling digital data to immediately inform users and the newly-constituted data protection board about any breaches to drive transparency in data handling processes.As soon as the entity involved in the processing of personal data learns…
F.D.A. Sharply Limits Use of Drug Linked to Two Teen Deaths
A gene therapy for Duchenne muscular dystrophy caused complications to the liver, prompting a review of its use for younger patients. Source link
Commercial vehicle manufacturers eye heavy duty demand
CHENNAI: Commercial vehicle manufacturers are projecting a strong second half for FY26, supported by improving industry conditions and robust demand triggers. Growth in the medium and heavy commercial vehicle (M&HCV) segment is expected to accelerate to high single digits in H2, with all major CV sub-segments likely to close the fiscal on a positive note.The…
Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. Source link
Sensex gains for 4th day, Rupee rises against dollar
MUMBAI: The sensex and Nifty sustained their positive momentum for the fourth consecutive day and settled with modest gains on Friday, aided by a buying rush in FMCG, banking and telecom sector shares. The sensex ended 84 points higher at 84,563, while Nifty went up 31 points to settle at 25,910. Both indices were off…
Housing Official Who Attacked Democrats Invokes a Disputed Family Legacy
The Trump nominee Bill Pulte has called out a Fed governor and New York’s attorney general for issues with their mortgage documents. Some leaders of the family’s home-building business bristle at how he has enhanced his reputation. Source link
GST cut drives MSME loan demand
CHENNAI/MUMBAI: The GST rate cut is driving MSMEs to seek additional funding from banks for expansion. After the GST rejig, banks have seen a spike in enquiries for advances from the MSMEs. It comes amid lenders having moved closer to their annual targets for the MSME segment in the first half of the current fiscal….
Judge to Approve Purdue Pharma Bankruptcy, Releasing Billions for Opioid Plaintiffs
Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to states, localities, tribes and others harmed in the opioid crisis. Source link
Gold price today: How much 22K and 24K gold costs in your city; know rates for Delhi, Mumbai & more
Gold prices slipped in the domestic derivatives market on Friday, mirroring the softer trend overseas as traders reacted to easing expectations of a near-term US Federal Reserve rate cut.Gold contracts on the Multi Commodity Exchange (MCX) opened weak and stayed under pressure through the session. The December futures dropped by Rs 345, or 0.27%, settling…