Boeing defense workers go on strike after rejecting contract
[ad_1] Workers picket outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty Images Some 3,200 Boeing defense unit workers went on strike for the first time in almost three decades early Monday after turning down a contract offer with the company. Boeing had offered a 20%
Trade protest: Farmers’ outfits call for nationwide stir on August 13; retaliation against Trump’s tariff threat, CETA
[ad_1] NEW DELHI: A joint platform of the Samyukt Kisan Morcha (SKM) and ten central trade unions on Monday announced a nationwide protest on August 13 against the proposed 25 percent US tariff and the recently signed India-UK Comprehensive Economic and Trade Agreement (CETA).In a joint statement, the CTUs-SKM criticised US President Donald Trump’s tariff threat and a proposed tax
Diageo India added ₹49,000 crore to Indian economy: report
[ad_1] Diageo India’s operations added approximately ₹49,000 crore in value to the Indian economy in 2023-24 and the company supported nearly 6.5 lakh jobs in that year said Pahlé India Foundation (PIF), in its report “Economic and Social Impact Assessment of Diageo India”. Employing the input-output model developed by Nobel Laureate Professor Wassily Leontief, the report which provides an in-depth analysis of
PM Modi to inaugurate Bengaluru Namma Metro Yellow Line: From stations, route to project cost – all you need to know
[ad_1] Workers near one of the three metro rail cars received by the Bengaluru Metro Rail Corporation Limited (BMRCL) for the Yellow Line as construction was going on. (BMRCL via PTI – file photo) Prime Minister Narendra Modi is set to inaugurate the long-awaited Yellow Line of Bengaluru Metro on August 10, a move seen as a key milestone in
3 political reasons for current India-US trade stalemate
[ad_1] Trump has repeatedly called BRICS a group that is ‘anti-US’, saying that it aims to destroy the dominance of the dollar. (AI image) US President Donald Trump’s move to impose 25% tariffs on India may have its reasons rooted in political issues, says an SBI Research report. India and the US have been engaged in trade deal talks for
Trump to name new Fed Governor, jobs data head in coming days
[ad_1] US President Donald Trump | Photo Credit: KEN CEDENO US President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth. Trump made the comments to reporters Sunday on his way back
Potato’s hidden roots revealed: Hybrid origins date back 9 million years
[ad_1] A groundbreaking study has traced the potato’s origins to a hybridization event about 9 million years ago, when a wild tomato and a potato-like plant interbred in South America. | Photo Credit: DAVID MERCADO/Reuters The potato is one of the world’s food staples, first cultivated thousands of years ago in the Andes region of South America before spreading globally
US-China trade talks strained by Beijing’s defiance on Iran, Russia oil
[ad_1] Energy trade remains critical for China, which sources most of Iran’s oil and is a top buyer of Russian crude. | Photo Credit: Eli Hartman/Reuters US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that
Pecking order for equity – The Hindu
[ad_1] Managing wealth becomes relatively easy if you design a process to choose equity investments. Here, we discuss a pecking order for choosing equity investments based on the argument asset allocation is the most important step in the investment process. Top-down process The pecking order for choosing equity investments considers two factors — the choice of benchmark index and the
IPO-bound Arcil eyes retail loans as corp NPAs dry up
[ad_1] Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan recovery for retail loans in its offer document filed with Sebi.The company has said it is setting up a digital platform that will allow defaulting retail borrowers to submit settlement offers and receive instant acceptance, eliminating
Government willing to aid exports, but subsidies not on table
[ad_1] NEW DELHI: Amid a clamour for succour after Trump’s tariff announcement, govt has ruled out demands for subsidy, but suggested it is open to “innovative ways” to help industry beat the crisis.The message was delivered by commerce and industry minister Piyush Goyal during his meetings with some of the industry representatives in Mumbai over the weekend, sources told TOI.
Anti-militancy operation in Kashmir’s Kulgam enters third day; two militants killed
[ad_1] Security personnel on vigil following an encounter with terrorists in Akhal, in Kulgam district, Jammu and Kashmir | Photo Credit: PTI A major anti-militancy operation in south Kashmir’s Kulgam district entered its third day on Sunday, with two militants killed in a gunfight with security forces, said officials. The encounter began on Friday evening in the Akhal forest area of
India’s urban villages redefine city living with self-sustained townships
[ad_1] Chasing convenience and quality of life, urban settlers are increasingly seeking homes in communities that offer more than just housing. Today’s homebuyers are looking for townships- modern-day urban villages, that integrate schools, hospitals, retail zones, green spaces, and recreation hubs within walking distance. This rising demand for “walk-to-everything” lifestyles is reshaping how real estate developers design and market their
ED searches 10 premises of Bengaluru builder for diverting funds, duping homebuyers
[ad_1] The ED seized incriminating documents related to diversion and misappropriation of township project fund during searches at 10 premises in Bangalore and Mumbai linked to Ozone Urbana Infra Developers and its key management personnel, an official said on Sunday. The Enforcement Directorate (ED), Bangalore Zonal Office, conducted the searches on August 1, 2025, under the provisions of the Prevention
Wealth terminology guide aims to ‘counteract the BS’ for investors
[ad_1] Senior woman looking on cell phone at sidewalk cafe. Yuliya Taba | E+ | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A leading advisory group to the wealth management industry has launched
Monetary policy: RBI likely to hold repo rate at 5.5% amid growth concerns, subdued inflation – Experts
[ad_1] The Reserve Bank of India is expected to maintain the repo rate at 5.5 per cent in its upcoming monetary policy review on August 6, following three consecutive rate cuts totalling 100 basis points. The central bank’s Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, will begin its three-day deliberations on Monday.While inflation remains comfortably below the RBI’s
Former Axis Mutual Fund manager Viresh Joshi arrested in Rs 200 crore front-running case
[ad_1] The Enforcement Directorate (ED) has arrested Viresh Joshi, former chief trader and fund manager at Axis Mutual Fund, under the Prevention of Money Laundering Act (PMLA). The arrest is linked to a case involving alleged cheating of investors through an illegal trading practice known as “front-running,” involving over Rs 200 crore. Joshi was taken into custody on Saturday and
Seven coal blocks successfully auctioned in 12th round of commercial auctions
[ad_1] These blocks are expected to generate an annual revenue of approximately ₹719.90 crore | Photo Credit: RAO GN A total of seven coal blocks have been successfully auctioned, comprising three fully explored and four partially explored coal blocks in the 12th round of commercial auctions, a statement from the Ministry of Coal said this week. The auctions were held
Weather Update: Heavy rainfall in North Bengal, MeT office issues red alert
[ad_1] Weather Update: The Meteorological (MeT) office, on Sunday, issued a red alert warning for rain in several North Bengal districts, with scattered thunderstorms likely to continue in South Bengal districts for the next few days. As the weather office has not predicted rainfall in South Bengal, humidity-related discomfort will be felt in Kolkata and other adjoining districts. As a
Government tightens norms for vegetable oil industry; makes registration mandatory
[ad_1] The Central Government has introduced significant new regulations for India’s vegetable oil industry, making registration mandatory for all entities involved in the production, stocking, and sale of vegetable oil products. The move, aimed at enhancing transparency and strengthening regulatory oversight, was formalized through the “Vegetable Oil Products Production and Availability (Regulation) Amendment Order, 2025,” issued by the Ministry of
Real estate body urges govt to cap GST on building materials at 18%
[ad_1] G Hari Babu, President of National Real Estate Development Council (NAREDCO) has urged the government to bring the Goods and Services Tax (GST) rates of building materials to the bracket of 18 per cent. Speaking at the sidelines of NAREDCO’s 17th edition of National Convention in the national capital, NAREDCO President reiterated industry’s demand of Input Tax Credit (ITC)
U.S. penalty risk on Russian oil may add $9-11 billion to India’s import bill, analyst say
[ad_1] India’s annual oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude in response to U.S. threats of additional tariffs or penalties on Indian exports, analysts said. India, the world’s third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting market-priced oil with discounted Russian crude following Western
India’s logistics cost will be down to less than 10% by December: Gadkari
[ad_1] Union Minister Nitin Gadkari addressing at a programme in Mangalagiri on August 2, 2025. | Photo Credit: Special arrangement Union Minister of Road Transport & Highways Nitin Gadkari on Saturday (August 2, 2025) expressed confidence that India’s cost of logistics would come down to less than 10% by the end of December. The lesser the logistics cost, the more
For uninsured vehicles, road minister moots steep hike in penalties
[ad_1] NEW DELHI: In a bid to address the longstanding confusion over speed limits, the road transport ministry has proposed that the Centre set the speed limits for NHs and expressways while states can do so for state highways and other roads. In a slew of amendments to the Motor Vehicles Act, the ministry has also proposed making uninsured vehicles
How will Trump’s tariffs impact India? | Explained
[ad_1] The story so far: On July 30, U.S. President Donald Trump announced 25% tariffs on imports from India “plus a penalty”. While this puts to rest months of speculation over what the tariffs would be on Indian imports into the U.S., it opens up fresh uncertainties with respect to a potential bilateral trade agreement between India and the U.S.