Health Care: the Showdown Behind the Shutdown
Extending subsidies for the Affordable Care Act has emerged as a major sticking point in Washington, and could carry the biggest economic consequences. Source link
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Triple bonanza this Diwali: How income tax cuts, GST reductions & repo rate cut have put around Rs 1.5 lakh in your pocket – explained
In this article, we take a look at how irrespective of the income level you are at, there is more money in your pocket thanks to either tax cuts, EMI reductions or a combination of both. (AI image) This Diwali, you have more disposable income in your hands thanks to a triple bonanza of government’s…
Australia Could Be a Rare Earths Alternative to China for the U.S.
China’s escalating curbs on the critical minerals has given Australia, a longstanding U.S. ally, the opportunity to reposition itself to a transactional president. Source link
Economic transformation: India emerging as ‘global hub for services exports’; poised to be world’s third-largest economy by 2027
India is rapidly establishing itself as a global leader in services exports, with a compound annual growth rate (CAGR) of 14.8 per cent over the past three decades, outpacing goods exports, which grew at 9.8 per cent, said National Stock Exchange (NSE) officials. According to news agency PTI, NSE chief economist Tirthankar Patnaik said, “India…
Ari Emanuel Buys TodayTix, Gaining Footing on Broadway and West End
The ticketing company is already a significant player in the two big theater markets of New York and London. Source link
EU gas imports: Bloc to phase out Russian energy by 2027; aims for full independence
The European Union has agreed to phase out its remaining gas imports from Russia by the end of 2027, a move aimed at ending its long-standing energy dependence on Moscow.The decision was taken by EU energy ministers during a meeting in Luxembourg on Monday, who approved a plan by the European Commission to gradually eliminate…
Lower-Income Americans Are Missing Car Payments
Inflation and a tough job market are making it harder for some people to pay back the car loans they signed in better times. Source link
IT sector outlook: Demand shows early stabilisation; AI productivity gains keep growth muted
India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…
What Is Amazon Web Services?
The cloud-computing division of the internet giant is used by thousands of internet customers, many of whom reported disruptions on Monday. Source link
Global copper market: China’s demand to slow down; US, India will emerge as key drivers
Copper demand in the United States and India is set to outpace China over the next ten years, even as growth slows in the world’s biggest consumer of the metal. While China will continue to lead the market, analysts say that other regions and factors are likely to play a bigger role in shaping global…