File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Thursday signed an executive order implementing tariff cuts under an agreement with Japan announced in July, lowering duties on Japanese automobile imports and formalising a $550 billion investment pledge.According to news agency Reuters, the order reduces the tariff on Japanese autos…
Justin Sun, a major investor in World Liberty Financial’s cryptocurrency, said that his coins had been “unreasonably frozen.” Source link
MUMBAI: India’s second-generation GST reforms will benefit consumers with lower prices and companies in terms of ease of doing business, said RIL chairman Mukesh Ambani. Calling the reforms progressive and a historic Diwali gift to citizens, Ambani said this will be a “big booster to consumption-driven growth”. “The GST rationalisation is a progressive step towards…
The Sunday show “Face the Nation” will no longer edit recorded interviews with newsmakers. The administration accused the network of deceptively editing an appearance of the homeland security secretary. Source link
MUMBAI: For value retail players such as Tata Group’s Zudio, Reliance Trends and Vishal Mega Mart, the festive season just got bigger.With apparel and footwear priced up to Rs 2,500 now being moved to the 5% slab, lower and mid-income shoppers can splurge more on fashion. “We will see a big improvement in demand coming…
The upcoming U.S. Dietary Guidelines will instead be influenced by a competing study, favored by industry, which found that moderate alcohol consumption was healthy. Source link
As govt prepared for the first major rejig of GST rates since its launch eight years ago, investors on Dalal Street followed the classic stock market strategy of ‘buy on expectations, sell on news’.In the run up to the announcement, stocks of several companies that investors expected would benefit from the GST rate changes, had…
After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing. Source link
Representative Image (AI-generated) MUMBAI: The reduction in health insurance premiums is unlikely to match the 18% GST cut as insurers are expected to pass some of the costs arising from input taxes to customers.While health insurance has seen the biggest drop in GST — from 18% to zero — the loss of input tax credit…
The Powerball jackpot hit $1.8 billion ahead of Saturday’s drawing, making it the second-largest and inspiring many to play. Source link
