In a shift from his long maintained approach over US tariffs, US President Donald Trump on Thursday acknowledged that consumers are actually paying higher prices for goods. This marks a switch in his stance, as he has long maintained that US citizens have benefited from the tariffs overall. During a discussion with journalists in the…
Tesla shareholders approved his potentially record-breaking compensation package. But will he actually get the full award? Source link
NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now….
Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’ Source link
B9 Beverages, the debt ridden bear maker, may soon clear pending salaries and provident fund dues as the company moves to sell one of its assets. Bira 91 founder Ankur Jain has informed employees that the planned sale is aimed at raising “immediate cash” to address these obligations, according to ET.The proposed move, however, has…
The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer. Source link
China is creating a new licensing system to make rare earth exports faster and easier. However, the country has given no sign that it will remove the restrictions put in place in April, falling short of meeting US President Donald Trump’s hopes of a full rollback.The ministry of commerce told some exporters that they will…
Times reporters want to hear from air travelers around the country about cancellations related to the government shutdown. Source link
Why did the Income Tax Department send Aishwarya Rai Bachchan a tax notice, what was the assessing officer’s rationale? Well known actor Aishwarya Rai Bachchan has recently won a case against the Income Tax Department – a Rs 4 crore case relating to disallowance of income. On October 22, 2022, Aishwarya Rai Bachchan, declared a…
Gold futures surged on Friday, lifting the metal into its third straight session of gains as traders reacted to weak US economic data that boosted expectations of an imminent interest rate cut by the Federal Reserve. On the Multi Commodity Exchange (MCX), the December gold contract rose by Rs 520, or 0.43%, to settle at…
