US President Donald Trump has acknowledged that American consumers might be paying for tariffs imposed under his administration’s trade policy, signaling potential economic impacts on households. The admission comes amid ongoing debates about the effectiveness and consequences of tariffs on imported goods. US President Trump acknowledges tariffs may increase costs for American consumers, highlighting the…
B9 Beverages, the parent company of craft beer brand Bira 91, is looking to sell assets to clear outstanding employee salary dues amid financial challenges. Founder Ankur Jain is seeking to raise immediate cash to stabilize operations and address urgent financial obligations. B9 Beverages plans asset sales to clear Bira 91 employees’ salary dues and…
Nykaa reported a significant increase in its financial performance for the second quarter of 2025, with net profit rising to Rs 34.4 crore and revenue growing by 25%. The beauty and lifestyle e-commerce platform’s strong results underscore its expanding market presence and operational efficiency. Nykaa’s Q2 2025 results show a net profit surge to Rs…
More than 100 flights were cancelled across the United States due to the ongoing federal government shutdown, disrupting travel plans just days before the Thanksgiving holiday. Passengers faced delays and cancellations as air traffic control services were impacted by furloughs of government employees. US government shutdown causes over 100 flight cancellations nationwide, disrupting Thanksgiving travel…
India’s Chief Economic Adviser, Mr. N. S. Vishwanathan Nageswaran, has forecasted economic growth exceeding 6.8% for the fiscal year 2025-26. The positive outlook is attributed to recent government measures including Goods and Services Tax (GST) cuts and tax relief aimed at stimulating consumption and investment. India’s Chief Economic Adviser forecasts GDP growth above 6.8% in…
US stock markets opened lower on Friday, with major indexes like the Dow Jones, S&P 500, and Nasdaq all on track for a losing week. Investor concerns over economic data and ongoing geopolitical tensions contributed to subdued trading and cautious sentiment. US stocks open lower amid economic and geopolitical concerns, with Dow, S&P 500, and…
India is poised to become a vital supplier in the global rare earth minerals market, leveraging geopolitical shifts following a recent pact between China and the United States under former President Trump. This development could position India as the third key pillar in the US-Japan rare earth supply network, enhancing strategic diversification and reducing dependency…
The reinstatement of a $100,000 H-1B visa fee, introduced during the Trump administration, has created confusion and distress among Indian students in the US seeking employment. Many students face potential automatic visa rejections, complicating their job search and future prospects in the country. Trump-era $100,000 H-1B visa fee reinstated, causing uncertainty and automatic rejections for…
Finance Minister Nirmala Sitharaman presented the 2025 Union Budget, highlighting its foundation as a plan created by and for the Indian people. The budget focuses on inclusive growth, fiscal responsibility, and sustainable development to support India’s economic recovery and expansion. Finance Minister Nirmala Sitharaman presents the 2025 budget focused on inclusive growth, fiscal discipline, and…
China’s top diplomat Wang Yi has cautioned about the rise of a multipolar global order ahead of the upcoming meeting between former U.S. President Donald Trump and Chinese President Xi Jinping. Wang emphasized the need to end trade conflicts and foster cooperation to ensure global stability. China’s Wang Yi warns of an emerging multipolar world…
