Secondary, tertiary effects of U.S. tariffs on economy pose challenges: Finance Ministry report
[ad_1] The immediate impact of recent U.S. tariffs on Indian exports may appear limited, but their secondary and tertiary effects on the economy pose challenges that must be addressed, the Finance Ministry said in a report on Wednesday (August 27, 2025) amid the U.S. effecting a steep 50% tariff on shipments from India. Trump tariffs LIVE updates Ongoing India-U.S. trade
Kohl’s (KSS) Q2 2025 earnings
[ad_1] Kohl’s shares climbed 24% on Wednesday after the retailer topped Wall Street’s fiscal second-quarter earnings and revenue expectations, even as its sales declined and it looks for a new CEO. The Wisconsin-based department store narrowed its full-year sales guidance to reflect the higher part of its previous range. It said it now expects net sales to decline by between
FDA approves new Covid vaccines with limits under RFK Jr.
[ad_1] Pfizer’s Covid vaccine Comirnaty, seen at a CVS Pharmacy in Eagle Rock, California, Sept. 14, 2023. Irfan Khan | Los Angeles Times | Getty Images The Food and Drug Administration on Wednesday approved the latest round of Covid vaccines in the U.S., but set new limits on who can get them. The agency ended its broader authorization of the
Cracker Barrel shares rise after restaurant chain discards new logo
[ad_1] A Cracker Barrel sign featuring the old logo is seen outside of a restaurant on August 21, 2025 in Homestead, Florida. Joe Raedle | Getty Images Shares of Cracker Barrel Old Country Store rose more than 8% on Wednesday after the restaurant chain said it would scrap its new logo and return to the original one, amid mounting criticism
Trump demands RICO charges against George Soros, escalates attacks on foes
[ad_1] U.S. President Donald Trump has called for billionaire financier and Democratic donor George Soros and his son to face charges under the Racketeer Influenced and Corrupt Organizations Act (RICO), though he provided no supporting evidence. (file photo) | Photo Credit: THOMAS PETER/Reuters U.S. President Donald Trump said on Wednesday that billionaire financier and major Democratic donor George Soros and
Russia lowers 2025 GDP growth forecast to 1.5% as inflation, sanctions weigh
[ad_1] Russian President Vladimir Putin chairs a meeting with members of the government in Moscow, Russia August 27, 2025. | Photo Credit: Sputnik/Vyacheslav Prokofyev/Pool via REUTERS Russia sees 2025 economic growth at 1.5%, one percentage point lower than the earlier official forecast, Finance Minister Anton Siluanov said at a Kremlin meeting on Wednesday. Russia’s economy grew robustly over 2023 and
Abercrombie & Fitch (ANF) Q2 2025 earnings
[ad_1] Abercrombie & Fitch sales growth slowed again in its fiscal second quarter as the apparel company struggles to top the surge it enjoyed last fiscal year. During the quarter, sales at the namesake Abercrombie brand fell 5% while comparable sales dropped 11%. But the success of the teen-focused Hollister brand helped to salvage the quarter. Overall, Abercrombie & Fitch
BWF World Championships: Sindhu overcomes Malaysian challenge, Satwik-Chirag overwhelm Chinese Taipei pair
[ad_1] PV Sindhu will now square off against World No. 2 and reigning China Open champion Wang Zhi Yi. File Photo: The Hindu | Photo Credit: SHIV KUMAR PUSHPAKAR India shuttler PV Sindhu kept her form intact by brushing away the challenge from Malaysia’s Karupathevan Letshanaa, in the Round of 32 on Wednesday at the ongoing BWF World Championships. In
American Eagle shares rise on partnership with Travis Kelce
[ad_1] American Eagle launches AE x Tru Kolors by Travis Kelce. Courtesy: American Eagle Shares of American Eagle rose Wednesday morning after the apparel company announced a collaboration with football star Travis Kelce, just a day after he and singer Taylor Swift said they were engaged. The stock was up roughly 5% in early trading. Kelce’s sportswear brand, Tru Kolors,
‘At the end of the day, we will come together’, says Treasury Secretary Bessent on India-U.S. tariff issue
[ad_1] U.S. Treasury Secretary Scott Bessent. File | Photo Credit: Reuters Describing the India-U.S. relationship as “very complicated”, U.S. Treasury Secretary Scott Bessent on Wednesday (August 27, 2025) hoped that “at the end of the day, we will come together.” “This is a very complicated relationship. President (Donald) Trump or Prime Minister (Narendra) Modi have very good relationships at that
JLL Bid Intensity Index, gauge of CRE transaction volume, improves in July
[ad_1] Housing block in Warsaw, Poland Busà Photography | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future
Cabinet clears PM SVANidhi extension till 2030; Rs 7,300-crore scheme set to benefit 50 lakh new street vendors
[ad_1] The Union Cabinet on Wednesday approved the restructuring and extension of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi scheme — also known as the PM SVANidhi scheme, an ambitious central programme aimed at supporting street vendors and their families. With a Rs 7,332 crore outlay, the restructured programme will continue until March 31, 2030, benefitting an estimated 1.15 crore street
No serious challenges with cars using E20: Renault India
[ad_1] Image for representational purposes only. Source: Special Arrangement. No “serious challenges” have been detected in E10-compliant vehicles of Renault India plying on roads and utilising the E20 fuel, the car maker informed on Wednesday (August 27, 2025). Seeking to allay concerns about the use of 20% blended fuel in their E10-compliant cars, the Triber manufacturer informed that “rigorous durability
Trump Tariff Impact on India: From carpets to chemicals, gems & jewellery, exporters brace for impact as US levy reaches 50%
[ad_1] Trump Tariffs on India: Indian exporters stared at the onset of a new era as US President Donald Trump’s additional 25 per cent tariff on imports from India took effect at 9:31 am India time, taking the total levy to 50 per cent. The development comes after the collapse of trade talks between New Delhi and Washington after weeks,
‘No more back-to-back booths:’ Centre warns toll plaza offenders
[ad_1] In response to growing public complaints about the arbitrary placement of toll plazas across national highways, the Ministry of Road Transport and Highways (MoRTH) has issued a formal directive to enforce stricter compliance with existing toll policy regulations. The new circular, circulated to all highway development agencies and concessionaires this week, reiterates that the minimum distance between two toll
Lego first-half 2025 earnings post record revenue
[ad_1] Icons Tiny Plants by Lego. James Manning – Pa Images | Pa Images | Getty Images Flowers, succulents and Formula One race cars helped fuel a 12% revenue bump for Lego during the first half of the year. The company reported a record 34.6 billion Danish kroner, or $5.4 billion, in revenue as part of its biannual earnings report
Additional 25% tariff imposed by U.S. President Trump on India comes into effect
[ad_1] The additional 25% tariff imposed by U.S. President Donald Trump on India for its purchases of Russian oil came into effect Wednesday (August 27, 2025), bringing the total amount of levies imposed on New Delhi to 50 per cent. The Department of Homeland Security (DHS), in a draft order published on Monday (August 25, 2025), said the increased levies
Watch: Why did the government ban money-games online?
[ad_1] The Union Government has brought in a law to ban online games played with money. This is a heavy blow, to the industry that has attracted huge sums as investment, running to billions of dollars and which is said to employ a couple of lakhs of people. Why did the government bring this about? [ad_2] Source link
Weather Update: Yamuna River in Delhi near danger mark, cloudburst near Vaishno Devi shrine, IMD issues red alert for 3 districts in Himachal Pradesh
[ad_1] Heavy rain continues to affect Himachal Pradesh, due to which the Indian Meteorological Department (IMD) has issued a red alert for three districts. Meanwhile, many killed and injured after twin cloudbursts triggered flash floods in the Margi area of Warwan Valley in Kishtwar district. Yamuna River near danger mark The Yamuna River continues to flow near the danger mark
Come September, veteran Amit Kapur will lead AI charge at TCS
[ad_1] Tata Consultancy Services (TCS) BENGALURU: Tata Consultancy Services (TCS) has appointed Amit Kapur as the chief AI and services transformation officer, effective September 1. He will report to the firm’s COO, Aarthi Subramanian. Kapur currently leads TCS’s business in the UK and Ireland, the company’s second-largest region, and has over 26 years of experience with technology major, having held
Trump tariffs LIVE: Businessmen express disappointment as U.S. 50% tariff on Indian goods takes effect
[ad_1] India is planning dedicated outreach programmes in 40 countries, including the UK, Japan, and South Korea, to push textiles exports amid a 50% tariff imposed by the U.S. on Indian products, an official said on Wednesday. Other nations include Germany, France, Italy, Spain, the Netherlands, Poland, Canada, Mexico, Russia, Belgium, Turkiye, the United Arab Emirates, and Australia. “In each
SpaceX’s Starship launches successfully after year of setbacks, deploys satellites in space
[ad_1] A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 10th test flight at the company’s launch pad in Starbase, Texas, US, August 26, 2025. | Photo Credit: STEVE NESIUS SpaceX’s Starship rocket launched to space and deployed satellites for the first time before surviving most of its journey to Earth, achieving new technological milestones after
Tariff trauma spooks D-St as sensex slides 849 points
[ad_1] Mumbai: The higher US tariffs against select Indian imports to the world’s largest economy that is set to kick off today, and no end in sight to the India-US impasse, spooked Dalal Street as investors pressed the sell button on Tuesday. In addition, Wednesday being a trading holiday also weighed on investor sentiment since any negative development for the
Trump administration pulls $175 million from California rail
[ad_1] NASA administrator Sean Duffy visits the Neil A. Armstrong Operations and Control Building at the Kennedy Space Center for Space Launch Complex 39A before the NASA and SpaceX Launch Crew-11 mission to the International Space Station on July 31, 2025 in Cape Canaveral, Florida. Miguel J. Rodriguez Carrillo | Getty Images Transportation Secretary Sean Duffy pulled $175 million from
Frontier Airlines goes after Spirit Airlines’ routes
[ad_1] A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Frontier Airlines is going after customers of Spirit Airlines, whose financial footing has gotten so shaky in recent weeks that it warned earlier this month it might not be able to