Trump Cuts a Deal With AstraZeneca to Lower Drug Prices
The president and top health officials acknowledged using the leverage of tariff threats to forge an agreement. Other companies are still in negotiations with the White House. Source link
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Student Loan Cancellation Is Restarting for Some Federal Borrowers
After a halt for most of the year, borrowers enrolled in one income-driven repayment plan may begin to receive loan discharges within weeks. Source link
‘Leadership change’: Bira 91 employees want removal of founder Ankur Jain; list issues to top investors
Over 250 employees of B9 Beverages, the company behind Bira 91 craft beer, have called for a change in the company’s leadership and the removal of founder Ankur Jain from management.The employees sent a petition to the company’s board, major investors including Kirin Holdings and Peak XV Partners, and the largest lender, Anicut Capital. The…
Parisians Protest Shein’s First Physical Store
As the Chinese online fast-fashion retailer prepares to open a physical space in a venerable department store, France pushes to stem the company’s presence in the country. Source link
Gold loans surge: Organised market set to reach Rs 15 lakh crore by March 2026; says Icra report
The organised gold loan market is projected to touch Rs 15 lakh crore by March 2026 — a full year ahead of earlier forecasts — as banks tighten their dominance and expand faster than non-banking financial companies (NBFCs), according to a report by rating agency Icra.The agency had earlier estimated in September 2024 that the…
S&P and Nasdaq Slump as Stocks Fall on Trump China Tariff Threat
The S&P 500 slumped more than 2 percent for the first time in six months, rattling investors after a long stretch of gains. Source link
Mutual fund trends: Equity inflows moderate in September at Rs 30,421 crore, Gold ETFs attract record interest; Debt funds face withdrawals
Net inflows into equity mutual funds moderated for the second consecutive month in September, standing at Rs 30,421 crore, data from the Association of Mutual Funds in India (AMFI) showed on Friday. This represents a 9 per cent decline from August’s Rs 33,430 crore and remains well below July’s record Rs 42,703 crore, PTI reported.Despite…
Nasty News? Until Now, the Markets Said All Was Well.
Despite domestic and global tumult, the third quarter was fabulous for investors. But are the good times over? Source link
Diwali gift for traders: Delhi govt disburses Rs 694 crore GST refunds; backlog since 2019 cleared
Traders in Delhi are set for a brighter Diwali as the city government, led by Chief Minister Rekha Gupta, has disbursed Rs 694 crore in GST refunds pending since 2019, out of a total due of Rs 1,600 crore, PTI reported.The refund process has accelerated in recent months, with a record Rs 227 crore paid…