U.S. sanctions hit Indian companies over Iran oil trade
[ad_1] Oil tankers pass through the Strait of Hormuz. File. | Photo Credit: Reuters The United States has imposed sanctions on at least half a dozen Indian companies accused of trading in Iranian petroleum and petrochemicals as part of broader action targeting 20 entities worldwide. The U.S. Department of State announced the sanctions on Wednesday (July 30, 2025), alleging the
Ford Motor (F) earnings Q2 2025
[ad_1] Ford Motor reported second-quarter revenue that beat expectations Wednesday and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President Donald Trump’s auto tariffs. At that time, Ford predicted a $2.5 billion impact from tariffs this year but said it would be able to
High Noon recalls vodka seltzers in Celsius cans
[ad_1] High Noon vodka seltzer and Celsius energy drinks. Kevin Carter | David Paul Morris | Bloomberg | Getty Images High Noon has issued a nationwide recall of one of its popular vodka seltzer drinks, saying some packages may contain Celsius energy drink cans filled with the alcoholic beverage. The cans, labeled as Celsius Astro Vibe Sparkling Blue Razz Edition,
Brian Niccol turnaround taking hold
[ad_1] Customers enter a Starbucks coffee shop in New York, US, on Monday, July 28, 2025. Victor J. Blue | Bloomberg | Getty Images Wall Street is seeing early signs that Starbucks‘ turnaround is taking hold, despite a quarterly earnings miss and another quarter of shrinking same-store sales. “The focus for Starbucks’ third fiscal quarter was less on the results
Plugzmart launches relay to boost EV charger visibility across multiple CMS platforms
[ad_1] IIT Madras-incubated startup Plugzmart has launched Relay, a middleware platform that allows a single public EV charger to connect with multiple Charging Management Systems | Photo Credit: VELANKANNI RAJ B/The Hindu IIT Madras-incubated EV Charger company Plugzmart has introduced Relay – a platform that allows a single public EV charger to connect with multiple Charging Management Systems(CMS). CMS is
Apartment rents drop in July as vacancies move to multiyear high
[ad_1] A sign on the side of a building in Hell’s Kitchen, New York City, advertising an apartment is available for rent through a real estate broker. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images The massive surge of new apartment supply in the last few years is still being absorbed, and that has vacancies rising and
“Will PM Modi now grow a spine?”: KC Venugopal demands explanation from Centre on US’ 25% tariff on India
[ad_1] New Delhi: Congress MP K.C. Venugopal and others amid rain during the Monsoon session of Parliament, in New Delhi, Tuesday, July 29, 2025. (PTI Photo) | Photo Credit: PTI New Delhi [India], July 30 (ANI): Congress General Secretary KC Venugopal on Wednesday slammed the Central government after the US imposed 25 per cent tariffs on Indian goods and said
India-US trade: Experts warn of GDP hit due to Donald Trump tariffs; pharma, auto sectors may take a hit
[ad_1] File photo: US President Donald Trump (Picture credit: PTI) India’s economy could take a hit from the United States’ decision to impose a 25 per cent tariff on all Indian goods starting August 1, alongside an unspecified penalty for its purchases of Russian oil and military equipment. As per news agency PTI, trade and policy experts said the move
DOJ drops charges against Fat Brands, Andy Wiederhorn
[ad_1] Andy Wiederhorn, former Fatburger CEO. CNBC The Justice Department is dropping its case against Fat Brands and its chair Andy Wiederhorn. In May 2024, the company and Wiederhorn were indicted by a federal grand jury in Los Angeles on charges of wire fraud, tax evasion and other counts related to what prosecutors alleged was a “sham” loan scheme that
M&M Q1 net profit rises 24% to ₹4,083 crore
[ad_1] On a standalone basis, the company’s first quarter net profit grew 32% YoY to ₹3,450 crore. Revenue grew 26% to ₹34,143 crore. | Photo Credit: SUDHAKARA JAIN Despite several macroeconomic challenges, including geopolitical disruptions, Mahindra & Mahindra Ltd. reported a first-quarter consolidated net profit of ₹4,083 crore representing a 24% rise from ₹3,283 crore a year earlier. During the
Cinemark to add 20 ScreenX locations in premium moviegoing push
[ad_1] ScreenX is the world’s first multi-projection cinema with an immersive 270 degree field of view. CJ 4DPLEX Singing witches and blue aliens are set to hit the big screen before the end of the year and bring in droves of moviegoers. Cinemark is preparing for the high demand by adding more unique premium screens to its U.S.- and Latin
Architecture firms report decline in billings for commercial real estate
[ad_1] Two architecture teachers discuss a student’s final project work. Erdark | E+ | 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
‘Exercise Suraksha Chakra’ kicks off in Delhi-NCR: 3-day mega disaster drill underway
[ad_1] A three-day joint disaster management exercise, ‘Exercise Suraksha Chakra’, is being held today at Manekshaw Centre, Delhi Cantonment, with an aim to enhance disaster preparedness and coordination in the National Capital Region (NCR). Conducted by the Headquarters Delhi Area, the exercise is also organized in coordination with the National Disaster Management Authority (NDMA) and State Disaster Management Authorities (SDMAs) of
ICAI signs MoUs with NSE IFSC, IVCA to boost investor awareness
[ad_1] ICAI President Charanjot Singh Nanda emphasized that the collaborations will drive economic transformation by improving financial governance, reporting, and investor empowerment. Chartered accountants’ apex body ICAI on Wednesday inked initial pacts with NSE IFSC Ltd (NSE IX) and the Indian Venture and Alternate Capital Association (IVCA) as part of advancing investor education and professional development. The Memorandum of Understanding
India-US trade deal: Will India face 20-25% Trump tariffs from August 1? Top 10 things to know
[ad_1] Donald Trump administration officials have indicated that more negotiations are needed with India before a trade deal can be sealed. India-US trade deal: With just two days remaining until US President Donald Trump’s reciprocal tariff deadline, the possibility of a trade deal between India and America is dimming, though officials have not ruled out any last-minute breakthrough. Trump had
Government to expand train coaches, commited to low-income families, middle class through
[ad_1] In a response to a question in Parliament regarding the augmentation of general class coaches in an express train service, Union Minister Ashwini Vaishnaw on Wednesday reiterated the government’s broader commitment to the welfare of middle-class and low-income families. The minister stated that a reply had already been given to the specific query raised by the Honourable Member regarding
TN Manoharan, the man who helped in revival of Satyam Computers, passes away
[ad_1] T.N. Manoharan (file photo) | Photo Credit: BIJOY GHOSH Padma Shri awardee and chartered accountant TN Manoharan (69), the former chairman of Canara Bank and the man behind revival of Satyam Computers, passed away in Mumbai on Thursday morning. Highly regarded for his financial acumen and work ethics, Manoharan was the Government Nominee Director during the turnaround of Satyam
Heavy rain lashes Rajasthan, CM Sharma directs District collectors to stay alert
[ad_1] Heavy rain continued to lash parts of Rajasthan for the second day on Wednesday, leading to waterlogging in low-lying areas and causing traffic jams, much to the inconvenience of commuters. Roads across the city were submerged and many residential colonies reported flooding. Chief Minister Bhajanlal Sharma has directed District Collectors and officials to remain on alert mode in light of
‘Some people are uncomfortable with history’: EAM Jaishankar slams Congress over Indus Water Treaty
[ad_1] External Affairs Minister S Jaishankar on Wednesday criticised Congress, saying they are “uncomfortable with history,” while speaking about India’s decision to put the Indus Water Treaty in abeyance following the Pahalgam terror attack. Jaishankar highlighted Congress’s “mistakes” in the Rajya Sabha over the handling of the treaty while emphasising how essential this agreement was. “The Indus Water Treaty in
Amarnath Yatra to remain suspended from Jammu on Thursday
[ad_1] People during the annual pilgrimage to the holy cave shrine of Amarnath, in Anantnag district, Jammu & Kashmir (filephoto) | Photo Credit: – Authorities on Wednesday announced that the Amarnath Yatra will be suspended from Jammu on Thursday due to the inclement weather conditions. “In view of the inclement weather conditions on the yatra routes, as an abundant precaution,
Indian contract manufacturers go global: Firms capitalise on tariff-led supply gaps; analysts flag ROI risks
[ad_1] Indian electronic contract manufacturers are expanding globally through acquisitions and strategic partnerships to gain access to clients in the US, Europe, and other international markets. They are capitalising on supply chain disruptions triggered by tariff-related shifts, particularly those involving China. These companies are leveraging the current trade environment to acquire technologies and capabilities that would otherwise take years to
Stock Market Live Updates 30 July 2025: Stock to buy today: Swiggy (₹413.55) – BUY
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Trump’s latest: May slap India with 20-25% tariff
[ad_1] NEW DELHI: President Donald Trump on Tuesday said India may be hit with a tariff of 20-25% – a little lower than the 26% reciprocal tariff announced in April – but cautioned that the final levy had still not been finalised as the two countries negotiate a trade deal ahead of an Aug 1 deadline.“I think so,” Trump told
Starbucks (SBUX) Q3 2025 earnings
[ad_1] Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy. CEO Brian Niccol said in a statement that the company’s comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety scandals. “While our financial results don’t yet reflect
Starbucks rolls out Green Apron Service ahead of earnings
[ad_1] As companies lean into value offerings and buzzy beverages to lure price-sensitive consumers, Starbucks is doubling down on its plans to get back to basics by leaning into hospitality at its cafes. The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster sales. Last week, the company began