Boeing Plans to Hire Replacements for Striking Workers
About 3,200 workers at three St. Louis-area plants where Boeing makes military hardware have been on strike since Aug. 4. Source link
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GST reforms ‘Diwali Dhamaka’, meant to better lives, says PM
NEW DELHI: A day after the sweeping reforms in the Goods and Services Tax (GST), Prime Minister Narendra Modi hailed, what he called, the “Diwali Dhamaka”, and said they are part of a string of reforms introduced by his govt to fulfil people’s aspirations and boost growth.“If I sum up the reforms, I can only…
PBS to Cut 15% of Its Staff
Congress voted this year to strip $500 million in annual funding from public broadcasters, including PBS stations. Source link
US-Japan trade deal: Trump signs order cutting Japanese tariffs to 15%; part of $550 billion investment deal
President Donald Trump on Thursday (US local time) signed an executive order formally implementing the US-Japan trade agreement, a landmark pact that lowers tariffs on Japanese autos to 15% and secures a $550 billion investment pledge from Tokyo, the White House announced.The White House confirmed the move in a statement posted on X.Under the agreement,…
Joshua Abram Dies at 62; Gave Workspace-Sharing an Upscale Spin
He and a partner made their co-working locations feel like private clubs. Among his other ventures, he sought to slash the cost of in vitro fertilization by using robotics and A.I. Source link
Will GST rate cuts help counter Trump’s 50% tariffs? India’s GDP growth may even go up; here’s why
Donald Trump administration’s 50% tariffs on India have rendered the country’s exports uncompetitive in the US markets. (AI image) India, the world’s fastest growing major economy, is preparing to bear the brunt of US President Donald Trump’s trade war and 50% tariffs. In this backdrop, the Goods and Services Tax (GST) rate cuts couldn’t have…
GST revamp: Jewellery sector’s tax rate steady at 3%; industry sees indirect gains but mixed outlook
Jewellers on Thursday welcomed the government’s move to reduce Goods and Services Tax (GST) rates in several sectors, saying the decision would indirectly benefit the gems and jewellery industry by boosting demand, even though the sector’s tax rate remains unchanged at 3%.“The current GST reforms (GST 2.0) offer no direct and immediate relief to gems…
US trade: Businesses front-load imports ahead of tariffs in July; deficit hits widest in 4 months
The US trade gap widened sharply in July, hitting its largest level in four months, as businesses rushed in imports ahead of fresh tariffs from US President Donald Trump.Figures from the department of commerce on Thursday showed the deficit rose by 32.5% to $78.3 billion. Imports jumped 5.9% to $358.8 billion, while exports increased only…
Steve Hayden, Writer Behind Apple’s ’1984’ Commercial, Dies at 78
The ad for the Macintosh computer — which ran just once, during the Super Bowl — is considered one of the most memorable commercials ever made. Source link
Travelling after GST 2.0: Tax hike hits premium flights, will rail passengers pay more too?
Will your travel budget take a hit under the new GST regime? As the Goods and Services Tax (GST) Council on Wednesday approved a two-tier structure of 5% and 18% for most goods and services, concerns have grown over whether premium air tickets and train seats will now cost more.Under the new structure, GST on…