United States on Thursday imposed fresh sanctions targeting Iran’s military-linked oil trade network, despite reports suggested that Washington and Tehran have reached a tentative agreement to extend their ceasefire and ease restrictions on shipping through the Strait of Hormuz.The US Treasury Department said it has sanctioned eight vessels involved in transporting Iranian crude oil and…
MUMBAI: Indians are turning to ice creams, colas, soft drinks and packaged cold coffee to survive the scorching heat, spurring sales of summer products for consumer goods companies and nudging some to upwardly revise their earlier sales estimates for the season.In a summer of price hikes and broader inflationary environment, firms are however pushing lower…
FDI was supposed to be the dependable kind of foreign money — the kind that built factories, brought technology and stayed for the long haul. FPI was the flighty cousin, quick to exit when markets turned. But India’s net FDI has now shrunk to a trickle as rising repatriation and disinvestment offset strong inflows. What…
Companies and their customers are embracing bundled streaming packages — but for different reasons. Source link
The TV network on Thursday slammed the Federal Communications Commission, saying it was targeting its station licenses in a campaign of “unconstitutional retaliation.” Source link
After hearing both sides, the Supreme Court made it clear that it was not impressed by the conduct of the borrowers. (AI image) In a significant order dealing with recovery proceedings under the SARFAESI Act, the Supreme Court of India refused to interfere with action initiated by the State Bank of India against a company…
Treasury Secretary Bessent backed the idea, which would require legislation allowing a living person to appear on currency. Source link
Not happy with how your salary slip looks? You’re not alone. Turns out, only 29% of employees in India are actually satisfied with their pay packets.The rest? Well, they’re already preparing for the annual ritual of asking for a hike, right as rising living costs keep quietly shrinking that salary before the month even ends,…
A woman splurged for a lie-flat seat, but it got jammed in the horizontal position for most of the 14-hour flight. How much should United compensate her? Source link
Inflation in the US accelerated in April to its highest level in three years, driven by rising fuel and food prices as the economic fallout from President Donald Trump’s Iran war continued to weigh on household budgets.Data released by the Commerce Department on Thursday showed that the personal consumption expenditures (PCE) index — the Federal…
