Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline. Source link
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Bitter pill for Dalal Street: Sensex slides 733 pts
MUMBAI: Fresh tariff-related jitters, weakness of the rupee and foreign fund selling pulled the sensex down by 733 points on Friday to 80,246 points, near its four-week low. As US President Donald Trump announced a fresh set of tariffs on imports of pharmaceutical products, most pharma stocks closed deep in the red. Nifty was down…
Boeing Will Regain Ability to Certify Some Planes From F.A.A.
The Federal Aviation Administration said the aerospace company will be allowed to approve some new 737 Max and 787 Dreamliner jets. Source link
Govt: India-US trade deal talks ‘constructive’
NEW DELHI: Government on Friday said that a team led by commerce and industry minister Piyush Goyal, which met United States Trade Representative Jamieson Greer and ambassador designate Sergio Gor, held “constructive” talks on several aspects of the proposed trade deal.“Both sides exchanged views on possible contours of the deal and it was decided to…
Trump’s Pharma Tariffs Spare Richest Drugmakers
The details of the president’s proposed tariffs were not clear. But it seemed that many big companies would qualify for exemptions. Source link
‘H-1B impact on remittances to be under $5bn’
MUMBAI: The impact of restrictions on H-1B visas by the United States on remittances by overseas Indians would be within $5bn, according to a Barclays research report. The report also said that the rising trend of global capability centers (GCCs), which includes many US-headquartered firms, is here to stay and would strengthen further amid this…
Trump Expands Tariffs Beyond Supreme Court’s Reach
The president’s tariffs on foreign drugs and furniture rely on national security laws outside the scope of current lawsuits. Source link
Mega issue: Tata Cap IPO to open Oct 6
MUMBAI: Tata Capital will open its initial public offering (IPO) on Oct 6, according to a stock exchange filing on Friday. The three-day issue will close on Oct 8, with the anchor investor bidding scheduled for Oct 3. Although the issue pricing has not been announced, it is expected to be the largest IPO in…
Sinclair and Nexstar End Jimmy Kimmel Boycott on Local ABC Stations
Sinclair and Nexstar have been pre-empting Mr. Kimmel’s show since he returned this week. Source link
TCS to honour all lateral hire offers this month
BENGALURU: TCS will honour all offers made to about 650 lateral hires whose onboarding was delayed for nearly three months. TOI has reviewed emails sent to candidates, asking them to make themselves available for the pre-joining onboarding process. The company has begun issuing onboarding mails, with some candidates receiving joining dates in Oct. Onboarding would…