To Boost Military Budget, Trump Targets Popular Programs at Home
Amid the war with Iran, the president has proposed to scale back some of the very programs meant to ease families’ financial burdens. Source link
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CRED pivots to wealth on Kuvera, betting on `truth telling’
MUMBAI: CRED, once a high-trust credit-card payments app aimed at spenders and monetised through cross-sold loans, insurance and payment flows, is now turning to savers, using Kuvera—acquired in 2024—to enter wealth management.The upgrade of Kuvera targets affluent investors with large portfolios, with an emphasis on long-term compounding. The platform seeks to improve discipline, decision-making, asset…
Delta, WestJet and Other Airlines Announce Higher Baggage Fees and Fuel Surcharges
American and Canadian airlines, squeezed by surging fuel costs from the war in Iran, are adding “sticky” new bag fees and surcharges, on top of higher fares. Source link
Middle East turmoil puts India’s gems, apparel exports and energy flows at risk: Report
The ongoing Middle East crisis is emerging as a disruption for India, with risks spreading across energy markets, trade flows and supply chains, according to a recent white paper by Dun & Bradstreet.The report shows that countries in the Gulf–Levant region account for nearly 15 per cent of India’s merchandise exports and about 21 per…
Adani seeks dismissal of SEC fraud case in US, denies wrongdoing
Billionaire Gautam Adani and his nephew Sagar Adani have moved to challenge a US securities fraud case, asking a federal court in New York to dismiss the lawsuit filed by the US Securities and Exchange Commission (SEC) regarding a 2021 bond issue by Adani Green Energy Ltd (AGEL).In a filing before the Brooklyn federal court,…
Gulf Backers Invest $24 Billion in Paramount’s Deal for Warner Bros.
Despite speculation that the Iran war could scuttle commitments from Saudi Arabia and other Middle Eastern countries, their investments have been secured. Source link
Women In Credit: Share of women in credit rising boosted by digital platforms
MUMBAI: Women borrowers now account for Rs 76 lakh crore of credit, or 26% of total system credit in 2025, marking a near five-fold rise since 2017 and signalling a structural shift in India’s credit landscape.A joint report by TransUnion CIBIL, Niti Aayog’s WEP, and MicroSave Consulting said women are moving from being passive beneficiaries…
‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud. Source link
Delhi high court halts ‘Godfather’ whisky launch in trademark dispute
NEW DELHI: The Delhi high court has restrained Cartel Bros, an entity backed by actor Sanjay Dutt, from proceeding with the launch of its proposed whisky brand ‘Glenwalk Godfather’, following a trademark infringement plea by Devans Modern Breweries.Devans, which markets the widely-known ‘Godfather’ beer and also sells spirits under the same brand, argued that Cartel…
‘The Late Show With Stephen Colbert’ Being Replaced by ‘Comics Unleashed,’ CBS Says
The comedian and longtime producer will bring his syndicated programming to the late-night slot that “The Late Show With Stephen Colbert” will vacate in May. Source link