Senate Confirms Stephen Miran as Fed Governor
The Senate voted to install one of President Trump’s top economic advisers at the central bank, opening the door for him to cast a vote at this week’s meeting to set interest rates. Source link
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Govt asks e-tailers to promote GST rejig
MUMBAI: Govt has directed e-commerce firms to disseminate information about the GST reforms on their platforms. In a meeting held last week, it was suggested that platforms run a ‘GST Bachat Utsav’ campaign on their portals for 100 days starting Sept 22. Firms were also asked to reflect GST reduction in the bill. “All the…
Appeals Court Says Lisa Cook Can Remain on Fed Board
The decision came just a day before the Federal Reserve begins a two-day meeting at which policymakers are expected to cut interest rates. Source link
AI startup Krutrim faces reality check
BENGALURU: What was once billed as India’s challenger to global giants in artificial intelligence and semiconductors has quietly dwindled into a shadow of those ambitions. Krutrim, the AI venture founded by Ola’s Bhavish Aggarwal, is now largely sustained by his personal wealth and loans tied to his Ola Electric stake, with most of its marquee…
The Wealth Tax Plan That’s Roiling New York and French Politics
Endorsed by Zohran Mamdani and criticized by business leaders, the idea involves hitting millionaires with a stiff levy. Source link
Singh: Didn’t attend Tata Sons board meet on Friday
Tata Trusts vice-chairman Vijay Singh has said that he did not attend the board meeting of Tata Sons on Friday (Sept 12) as he had resigned a day before. He said that he had merely gone to meet other directors “for the usual courtesies” before the meeting started and then left the room. Singh was…
The N.F.L. Is Coming to Saudi Arabia, Where Soccer Is King
Saudi Arabia will host a flag football tournament featuring N.F.L. stars in the spring, in a mutually beneficial sports expansion. Source link
Pine Labs, others get Sebi approval for IPO
MUMBAI: Markets regulator Sebi has approved the IPO of Pine Labs, a document on its website showed on Monday. The updated DRHP is not yet public. Draft papers filed by the fintech earlier this year had showed that it is seeking to raise up to Rs 2,600 crore through fresh issue of shares. In all,…
Jorge Ramos Tries Something New, Next to His Daughter: A Show in English
Mr. Ramos, the longtime anchor for Univision, and his daughter are trying to tap into the growing number of Hispanics who consume media in English. Source link
Ex-Axis MF fund mgr pays Rs 86L, case shut
MUMBAI: Former Axis MF fund manager Deepak Agrawal has settled a regulatory case with Sebi by paying Rs 85.8 lakh and surrendering over 43,000 units. The case related to charges of financial misconduct, including sharing stock tips, passing on trading information, and failing to disclose directorships, which Sebi said amounted to violation of MF regulations….