Jamie Dimon of JPMorgan Says He Has Reached Out to Zohran Mamdani
The banking giant’s C.E.O. said he wanted to keep lines of communication open with the mayor-elect of New York. Source link
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Nat’l gold policy needed to contain losses: SBI Report
Mumbai: A State Bank of India research report has called for a long-term national gold policy that defines gold’s role, as money or as a commodity, and aligns it with broader financial reforms. The report said such a framework should link to India’s plans for capital account convertibility and encourage investment through the monetisation of…
A Rs 22 crore tax notice built on AI-generated “court rulings”? What the Bombay High Court just ruled | Financial Literacy News
The case involved an increase in the taxpayer’s income from Rs 3.09 crore to Rs 27.91 crore by the Assessing Officer. (AI image) Imagine getting a tax notice from the Income Tax Department – the tax demand on which is partly a result of purported rulings that AI suggested to tax officials! The use of…
Switzerland Seeks New U.S. Trade Deal Amid Trump’s Tariffs
Switzerland Seeks New U.S. Trade Deal Amid Trump’s Tariffs Source link
US-China trade: Tensions cool after Trump, Xi meet; where key sectors now stand
China and the United States have taken steps to cool their trade tensions after a meeting between presidents Donald Trump and Xi Jinping in South Korea last week. The move marks a cautious pause in a dispute that has disrupted global trade and technology ties since 2018.Here is where the two sides now stand on…
Setback for expatriates? Delhi HC upholds mandatory EPFO membership; what this means for foreign staff
The Delhi High Court on Tuesday ruled that expatriates working in Indian companies must become members of the Employees’ Provident Fund Organisation (EPFO) and contribute to the fund regardless of their income levels.The court upheld amendments to the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, as well as the Centre’s 2008 and 2010 notifications…
Five Key Takeaways From the Supreme Court Tariff Argument
The Supreme Court justices grappled with the legality of President Trump’s tariffs in an oral argument that stretched for almost three hours. Source link
Novo Nordisk Q3 results: Ozempic maker’s profit falls 27%; cuts 9,000 jobs
Danish pharmaceutical giant Novo Nordisk, the maker of obesity drugs Ozempic and Wegovy, lowered its 2025 sales outlook for the fourth time this year on Wednesday after reporting tepid third-quarter results.The company, which appointed Mike Doustdar as CEO in August, now expects full-year sales growth of 8 to 11 per cent, down from a previous…
Right-Wing Media Warns of Socialism and Chaos After Mamdani Victory
A New York Post cover about “The Red Apple” went viral, and a “Fox & Friends” host told viewers, “We don’t want to turn into Caracas.” Source link
Delhivery Q2 results: Logistics firm posts Rs 50 cr loss; Vivek Pabari to take over as CFO
Logistics company Delhivery on Wednesday announced a consolidated net loss of Rs 50.38 crore for the quarter ending September 2025, compared with a profit of Rs 10.20 crore during the same period last year.The company’s operational revenue for Q2 FY26 rose 16.9% to Rs 2,559.3 crore from Rs 2,189.7 crore in Q2 FY25. Revenue from…