Nepal Army takes control of Kathmandu airport
[ad_1] Nepali Army soldiers stand guard on an empty road, following Monday’s killing of 19 people after anti-corruption protests that were triggered by a social media ban, which was later lifted, in Kathmandu, Nepal, September 10, 2025 | Photo Credit: ADNAN ABIDI The Nepal Army on Tuesday took control of the Tribhuvan International Airport here after the agitators tried to
Govt allows companies to display revised MRP on old unsold packs
[ad_1] MUMBAI: Govt has allowed companies to display revised MRPs on old packs of products that remain unsold, in a relief to packaged goods manufacturers who were awaiting clarity on labelling and packaging to devise strategies around passing on GST benefits to consumers. Firms will however, have to clear their old stock by Dec 31. In a notification issued on
Hyundai raid could leave businesses reassessing their workforces
[ad_1] This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell trouble for other companies
Cracker Barrel suspends restaurant remodels after logo controversy
[ad_1] The Cracker Barrel logo is seen on a billboard outside of one of its restaurants. Paul Weaver | Lightrocket | Getty Images The Old Country Store look is back. Cracker Barrel announced Tuesday that it was suspending all restaurant remodels, the latest chapter in the controversy over its rebranding that reached as far as the Oval Office. The restaurant
CP Radhakrishnan elected as India’s 15th vice-president, defeats Sudershan Reddy
[ad_1] Chandrapuram Ponnuswamy Radhakrishnan, the National Democratic Alliance’s nominee, has been elected as the 15th Vice-President of India, ANI reported. He defeated Opposition candidate and senior advocate Sudershan Reddy in a contest that saw an overwhelming turnout of lawmakers. The Election Commission declared the results on Tuesday evening, confirming Radhakrishnan’s decisive victory. He received 452 votes, well above the majority
Airbus CEO reaffirms delivery guidance for 2025
[ad_1] Airbus CEO Guillaume Faury told CNBC on Tuesday that the plane maker remains on pace to deliver about 820 commercial aircraft in 2025, even as engine production delays continue to limit its capabilities. In an interview with CNBC’s Phil LeBeau, Faury said the European company is “on track” with aircraft production and has been making “gliders,” or finished planes
Textile market: India targets 40 countries to boost apparel exports; FTAs and talks underway
[ad_1] India is looking to expand its textile exports to 40 countries after US imposed 50% tariff on Indian imports, Union minister Giriraj Singh said on Tuesday.The minister said that these 40 countries represent nearly $600 billion in textile and apparel imports, offering vast opportunities for India to enhance its market share. He also added that efforts are underway to
JPMorgan CEO Jamie Dimon says the economy ‘is weakening’
[ad_1] JPMorgan Chase CEO Jamie Dimon speaking with CNBC’s Leslie Picker in Charlotte, N.C. on July 31st, 2025. David A. Grogan | CNBC JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000
Edtech Physicswallah’s DRHP offers ‘no guarantee’ to students’ safety
[ad_1] The draft red herring prospectus (DRHP) filed by Edtech company Physicswallah, which looks to raise ₹3,820 crore via an initial public offering (IPO), has thrown up multiple concerns ranging from unsecured loans to subsidiaries to disgruntlement among students. The company’s listing document mentions about loans worth ₹127 crore extended to subsidiaries including Xylem, PrepOnline, iNeuron and Knowledge Planet. Further,
Azure settles pays $23 m to settle bribery allegations in US
[ad_1] Azure, whose shares were listed for US trading on the NY Stock Exchange, said the resolution will enable it to move forward. | Photo Credit: iStockphoto Solar energy producer Azure Power has paid $23 million to settle a case in a US district court over alleged bribery and other irregularities, the company said on Tuesday. Azure, whose shares were
Doing business in China? Factor in deflation
[ad_1] A woman rides an electric scooter by the Beiyuan Grand Hotel in Beijing, China August 11, 2025. Maxim Shemetov | Reuters While U.S. companies battle inflation, those in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by — as Chinese consumers
Oil prices up almost 2% amid Israeli attacks on Qatar
[ad_1] The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per day from the present 1.65 mb/d. Representational file image. | Photo Credit: Reuters Oil prices rose approximately 2% after Israeli military carried out a “precise strike” targeting senior leadership
Starbucks CEO Brian Niccol Starbucks turnaround plan one year
[ad_1] After two decades going to Starbucks every day at 4:30 a.m., longtime customer Tony Dennis abandoned the company last year. “I was frustrated,” he told CNBC. The customer experience he used to love had disappeared. Baristas didn’t engage with him, despite his daily visits. At the same time, the cost of his double-shot tall nonfat lattes and double-shot tall
Wall Street today: US stocks trade mixed as investors await inflation data; Dow jumps over 70 points; S&P 500 flat
[ad_1] Wall Street traded mixed on Tuesday as investors awaited key US inflation figures and an Apple event expected to showcase the launch of new iPhones.The Dow Jones Industrial Average jumped 79 points or 0.17% to trade at 45,594. Nasdaq, on the other hand, slipped 11 points or 0.05%, reaching 21,786. S&P 500 remained flat at 8.50 PM IST.Producer and
PM Modi announces Rs 1,600 crore aid for flood-hit Punjab
[ad_1] Prime Minister Narendra Modi on Tuesday announced an assistance package of Rs 1,600 crore for Punjab to support flood relief and rehabilitation. The fresh aid comes on top of Rs 12,000 crore already allocated to the state, the Prime Minister’s Office (PMO) said. The Centre has released the second instalment of the State Disaster Response Fund in advance and
US job market: Employment numbers weaker than expected in 2024-25; over 911k fewer positions created
[ad_1] The US job market turned out to be much weaker in 2024 and the early part of this year than initially reported, newly released government figures have shown, adding to concerns about the state of the country’s economy. Fresh estimates by the US labour department on Tuesday highlighted that employers hired 911,000 less workers between April 2024 to March
Shake Shack launches French onion soup burger
[ad_1] Shake Shack will introduce a new French Onion Soup menu in its app. Courtesy: Shake Shack As value wars take hold across fast food, Shake Shack aims to offer premium items at a discount. Building off its recent success with the $10 Dubai Chocolate Pistachio Shake, Shake Shack will launch its latest menu innovation Tuesday, this time featuring French
Carlyle to partner with Red Bull Formula 1 team
[ad_1] Carlyle is set to announce a new partnership with Formula 1 team Oracle Red Bull Racing as private markets firms aim to ramp up their exposure to the high-net worth and retail investor cohorts, CNBC has learned. The agreement will plaster Carlyle’s branding on Red Bull’s RB21 challenger, drivers’ team kits, the pit wall and the garage, the two
AI tech talent is juicing these real estate markets
[ad_1] Pete Lomchid | 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 editions, straight to your inbox.
Gujarat diamond workers file 74,000 aid applications, most still pending
[ad_1] Two months after Gujarat announced a rare financial assistance package for distressed diamond units and workers, over 74,000 workers from Surat and Ahmedabad have applied for school fee aid. | Photo Credit: VIJAY SONEJI/The Hindu Two months after the Gujarat government declared a rare financial assistance package for distressed diamond units and workers in the state, the government on Tuesday told
Mistral cements AI lead in Europe with cash infusion
[ad_1] France’s Mistral on Tuesday cemented its position as Europe’s top AI hope against far larger U.S. and Chinese competitors after a record fundraising round and a tie-up with chipmaking equipment heavweight ASML. The 1.7 billion euro ($2 billion) cash infusion values Mistral at 11.7 billion euros, double its heft last year but a fraction of the $183 billion price
Reforms, relief and resolutions: Key takeaways from the 56th GST Council
[ad_1] By Anshul Aggarwal and Kunal KohliOptically, the 56th GST Council Meeting is nothing less than a full-fledged Budget announcement from a GST perspective. Convened at a time when global indicators point to a broader economic slowdown — alongside rising trade pressures— the Finance Minister’s address to India’s 140 billion economy reaffirms the strength and credibility of a ‘Resilient India’.The
FMCG trade, industry brace for choppy GST 2.0 transition
[ad_1] Stock caution: To avoid getting stuck with higher-taxed goods, traders have trimmed inventory to 5-6 days and are holding back fresh buys until the new MRP is clarified | Photo Credit: Kesavan A N 1612@Chennai The fast-moving consumer goods (FMCG) trade is in flux ahead of the September 22 roll-out of the new GST rates, with distributors and retailers
Stock market benchmark indices trade higher tracking rally in global peers amid U.S. Fed rate cut hopes
[ad_1] Representative image | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Tuesday (September 9, 2025) in tandem with a rally in global markets amid hopes of a US Fed rate cut later this month. A rebound in IT stocks also drove the markets higher during the initial trade. The 30-share
Altmin becomes first Indian project to be listed with MSP
[ad_1] HYDERABAD: Battery materials and supply chain player Altmin Private Ltd’s proposed $250 million (approx Rs 2200 crore) greenfield lithium refining project in Brazil has become the first project from India to be listed with the Minerals Security Partnership (MSP).MSP is a US-led alliance of 14 countries and the European Commission that focuses on securing and diversifying global supply chains