What Jimmy Kimmel’s Suspension Says About the Trump Administration’s Crackdown Against Mainstream Media
ABC’s decision to “indefinitely” suspend Jimmy Kimmel’s late-night talk show illuminates the administration’s efficacy so far. Source link
business
Read More
Net direct tax mop-up rises 9% to Rs 10.82 lakh cr, corporate advance tax grows; refunds fall
Net direct tax collection climbed 9.18 per cent to over Rs 10.82 lakh crore till September 17 in the current fiscal, driven by higher advance tax payments from corporates and slower issuance of refunds, the government said. Refunds issued during the period dropped 24 per cent to Rs 1.61 lakh crore, PTI reported.Corporate advance tax…
‘Tax the Rich,’ French Protesters Cry, as the Wealthy Push Back on Paying More
With a budget crisis looming, a proposal for a tax on ultrahigh-wealth individuals has grass-roots support, but it adds conflict to an already fragmented political landscape. Source link
Fiscal discipline crucial for growth; states to prioritise quality spending: RBI governor
Emphasising the role of fiscal discipline in fostering economic growth and prosperity, RBI Governor Sanjay Malhotra on Thursday urged states to focus on the quality of expenditure and exercise prudence in off-budget borrowings.Speaking at the 35th Conference of State Finance Secretaries, themed ‘Journey towards Economic Prosperity through the Path of Fiscal Consolidation’, Malhotra highlighted the…
Trump Asks Supreme Court to Allow Removal of Fed Governor
President Trump had pressed to fire Lisa Cook before the central bank’s meeting, at which the board voted to raise interest rates. Source link
Eternal market cap hits Rs 3.26 lakh crore! Zomato-Blinkit parent company ranks 22nd; overtakes Hindustan Aeronautics and Titan
Eternal Ltd, the parent company of Zomato and Blinkit, saw its market valuation soar to Rs 3.26 lakh crore on Thursday, vaulting past Hindustan Aeronautics, Titan, Avenue Supermarts and Adani Ports in the top 100 market capitalisation rankings.The company’s shares rose 2.96 per cent to close at Rs 337.90 on the BSE, touching a 52-week…
IRS Official Sues Agency, Accusing It of Leaking Private Data to Fox News and Others
Holly Paz was among officials scrutinizing tax shelters before she was placed on leave and Fox News reported she had been fired. Source link
US Fed rate cut: How does it impact mortgages, credit card and savings accounts interest of Americans? Explained
Federal Reserve policy adjustments influence consumer costs for various financial products. (AI image) How does the US Federal Reserve’s decision to cut the benchmark rate by 25 basis points to the 4-4.25% range impact the lives of common people in America? The Federal Reserve establishes the federal funds rate, which governs inter-bank lending practices. Although…
How More Railroads Could Cut Pollution and Lighten Traffic
The public would feel many benefits if rail companies grabbed business back from trucking, but doing so will be tough. Source link
Pharma sector outlook: ICRA pegs 7-9% revenue growth for FY26, US headwinds cloud prospects
India’s pharmaceutical sector is projected to post healthy revenue growth of 7-9 per cent in FY26, aided by robust demand in the domestic and European markets, even as momentum in the United States is expected to cool, according to rating agency ICRA.The domestic market is expected to expand by 8-10 per cent and Europe by…