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[ad_1] The central government is likely to propose legislation during Parliament’s winter session to implement a tax on tobacco and related products, potentially replacing the existing GST compensation cess levied on these items.The present compensation cess, applied alongside the 28% GST, is expected to remain for a minimum of three months, allowing the government to […]
[ad_1] MUMBAI: The rupee bucked the trend among Asian peers on Friday, slipping to a record low even as most emerging market currencies strengthened against the dollar. It closed at 88.27 after touching an intra-day low of 88.36, weaker than Thursday’s close of 88.15.The fall came amid concerns over US tariffs, while intervention by Reserve
Rupee slips to a fresh low of 88.27 against $ Read More »
[ad_1] Kenvue Inc. Tylenol brand pain reliever for sale at a pharmacy in New York, US, on Wednesday, March 27, 2024. Bloomberg | Bloomberg | Getty Images Shares of Kenvue fell more than 10% on Friday after a report that Health and Human Services Secretary Robert F. Kennedy Jr. will likely link autism to the
Kenvue stock drops 10% on RFK Jr. Tylenol autism report Read More »
[ad_1] India’s economic journey has always been shaped by bold reforms, and the latest set of Goods and Services Tax (GST) measures announced at the 56th GST Council meeting on September 3, 2025, may well prove to be one of the most consequential yet. For years, businesses and policymakers alike have called for simplification, predictability,
Fixing problems, unlocking India’s growth potential Read More »
[ad_1] Lululemon shares plunged 20% in extended trading after the company gave a much worse than expected full-year outlook, as tariffs take a bite from its profits. The company topped second-quarter earnings estimates but slightly missed revenue expectations. It said it expected President Donald Trump’s tariffs to hit its full-year profits by $240 million. Lululemon
Lululemon (LULU) Q2 2025 earnings Read More »
[ad_1] NFL MVP Josh Allen signs with New Balance. Courtesy of New Balance NFL MVP Josh Allen has left Nike to sign an endorsement deal with New Balance. The Buffalo Bills quarterback announced the news on Friday in a letter to his hometown of Firebaugh, California. The deal is a major win for Massachusetts-based New
NFL MVP Josh Allen leaves Nike to sign with New Balance Read More »
[ad_1] Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Powerball fever is spreading as the jackpot hits $1.8 billion, making it the second-largest prize in U.S. lottery history. The enthusiasm for the gargantuan pot is fueling business on Jackpocket, a lottery courier owned by DraftKings and available in 16 states. DraftKings said 15
Massive Powerball jackpot means big boost for DraftKings Read More »
[ad_1] AMD, a semiconductor firm headquartered in Santa Clara, on Friday (September 5, 2025) said it would provide Indian researchers and startups, 100,000 hours of free access to AMD Developer Cloud (ADC) over the next year. ADC offers developers and open-source contributors on-demand access to its AMD Instinct MI300X GPUs, a GPU accelerator designed to
[ad_1] A sign is posted in front of a home for sale on Aug.27, 2025 in San Francisco, California. Justin Sullivan | Getty Images The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday, according to Mortgage News Daily, following the release of a weaker-than-expected August employment report. It marks
Mortgage rates see biggest one-day drop in over a year Read More »
[ad_1] Warner Bros. | Universal Studios | Amazon Prime Hollywood is finally leveling up. For decades, studios have tried to capitalize on the financial success and cultural relevance of video games, but it’s only been in the past few years that things have clicked. With the box office achievements of Universal’s “The Super Mario Bros.
The next frontier of Hollywood IP harvesting Read More »
[ad_1] Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025. Str | Afp | Getty Images The private market assets platform Yieldstreet struck a deal to recoup some of its legal expenses for an ill-fated series of marine loans — but its customers are
Yieldstreet tells investors in $89 million worth of marine loans to expect losses Read More »
[ad_1] There was a positive recovery in truck rentals across India’s logistics and mobility ecosystem with steady freight rates, rising digital toll collections, and sustained momentum in electric vehicle adoption, even as weather disruptions impacted trucking activity in Northern India, especially in the states of Punjab, Himachal Pradesh and Uttarakhand, says the September edition of
Mobility sector sees signs of revival ahead of festive season: Shriram Mobility Bulletin Read More »
[ad_1] Owngarden | Moment | Getty Images Five years ago, when the pandemic pushed e-commerce to new highs, the industrial warehouse space became the biggest commercial real estate play around. It began to slow in 2022, but now economic uncertainty brought on by constantly changing tariff policy and persistently high inflation is taking a greater
Quarterly demand for industrial space falls for the first time in 15 years Read More »
[ad_1] K. Senthil Raj, Managing Director of SIPCOT and Susanta Kumar Purohit, Chairperson of V.O. Chidambaranar Port Authority exchange MoUs in the presence of Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways at V.O.C. Port Authority in Thoothukudi | Photo Credit: RAJESH N The foundation stone for the pilot green methanol bunkering and refuelling
[ad_1] Mauritius Prime Minister Navinchandra Ramgoolam will be on a State Visit to India from September 9-16, the Ministry of External Affairs (MEA) announced on Friday. This will be Ramgoolam’s first overseas bilateral visit to India in his current term. While addressing a weekly media briefing in New Delhi, MEA spokesperson Randhir Jaiswal recalled Ramgoolam’s
Mauritius PM Navinchandra Ramgoolam to visit India next week Read More »
[ad_1] External Affairs Minister (EAM) S Jaishankar called on Bhutan Prime Minister Tshering Tobgay in New Delhi on Friday, conveying greetings of Prime Minister Narendra Modi and hailing the “unique and time-tested” partnership between the two nations. Following their meeting, EAM Jaishankar in a post on X wrote, “Delighted to call on PM Tshering Tobgay
EAM Jaishankar meets Bhutan PM Tobgay, hails unique and time-tested ties Read More »
[ad_1] The monsoon maintained its grip across multiple states on Friday, with the IMD issuing a red alert for Gujarat and forecasting more heavy rain in Rajasthan, Odisha and Maharashtra. Delhi and its adjoining districts remained on edge as the Yamuna stayed above the danger mark, while Punjab and Himachal Pradesh continued to grapple with
[ad_1] The rationalisation of tax rates on construction material by the GST Council is expected to provide the real estate sector some relief but since the rates applicable on property remain unchanged, there would be stability in taxation, Crisil Intelligence said in a study. Since the rates applicable on affordable housing (1%), under-construction properties (5%)
GST cut impact on realty: “Overall construction cost to decline by 3.5-4.5%” Read More »
[ad_1] File picture: Motilal Oswal, Chairman, Motilal Oswal Foundation | Photo Credit: jaishankar Deputy Chief Minister of Telangana, Bhatti Vikramarka Mallu, on Friday formally inaugurated the Motilal Oswal Executive Centre (MOEC) at the Indian School of Business campus here. The Centre is expected to enhance ISB’s capacity to deliver world-class executive education, leadership programmes and bridge academia and industry. The
Motilal Oswal Executive Centre opened at ISB, Hyderabad Read More »
[ad_1] The monsoon fury in Himachal Pradesh has left a trail of destruction, claiming 355 lives so far this season, including 194 in rain-related incidents such as landslides, flash floods, drowning, lightning strikes, and other weather-triggered causes, and 161 in road accidents, according to the State Disaster Management Authority (SDMA). The SDMA’s cumulative report from
Himachal Pradesh: Monsoon toll climbs to 355; 194 rain-related deaths Read More »
[ad_1] Official data show authorities seized around 11,668 kg of meat unfit for consumption in the first week of August, while several tonnes were also found dumped along roadsides. In early August, diners in Kashmir Valley were blindsided when authorities seized several hundred kilograms of rotten meat from a cold storage facility in Srinagar to
Rotten meat scam devastates Kashmir food sector, leading to layoffs, shrinking sales Read More »
[ad_1] Tesla CEO Elon Musk could be in line for a payout worth as much as $1 trillion if the electric carmaker meets a series of highly ambitious targets over the next decade, according to a regulatory filing released on Friday, the news agency AP reported.The proposed package includes a dozen share tranches linked to
[ad_1] As Starbucks revamps its U.S. locations, the coffee chain is trying to make its cafes welcoming to all through more inclusive design. As part of its broader effort to bring back customers, the company has prioritized plans to give makeovers to roughly 1,000 locations by the end of 2026. It will sideline major store
Starbucks renovating cafes to be more accessible Read More »
[ad_1] Gold rate today: Gold prices soared by Rs 900 to Rs 1,06,970 per 10 grams in the national capital on Friday, edging closer to record highs amid rupee weakness, firm global trends, and expectations of a US Federal Reserve rate cut later this month.According to the All India Sarafa Association, gold of 99.5 per
[ad_1] The Gem and Jewellery Export Promotion Council (GJEPC) on Friday said that recent GST reforms have delivered significant relief to the diamonds and jewellery sector, easing costs for both exporters and consumers.The government’s move to exempt imports of natural cut and polished diamonds up to 25 cents under the Diamond Imprest Authorisation Scheme (DIAS)
[ad_1] U.S. Health and Human Services Secretary Robert F. Kennedy Jr., testifies before a Senate Finance Committee hearing on President Donald Trump’s 2026 health care agenda, on Capitol Hill in Washington, D.C., U.S., September 4, 2025. Jonathan Ernst | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. doubled down on false claims about
RFK Jr. casts doubts on vaccines, clashes with Democrats over Covid shot access Read More »
[ad_1] India’s food processing sector, which contributes 7.7% to the country’s manufacturing output and supports more than 7 million jobs, is projected to grow to $535 billion by FY26, industry experts said at the Fi India and ProPak India event organised by Informa Markets.The industry is being propelled by rising consumption, higher exports, government support
[ad_1] Government think-tank Niti Aayog has outlined a comprehensive strategy to make India self-sufficient in pulses by 2030 and double production by 2047, projecting output to rise from 26.06 million tonnes (MT) in 2022 to 34.45 MT by 2030 and further to 51.57 MT by 2047.According to the report, the projections are based on aggregate
[ad_1] In a significant move, the Peace envoy is preparing to rename the Ministry of Defence (MoD) to the Department of War, Zee Business reported. Sources indicate that an executive order is expected to be signed later tonight. The Ministry of Defence provides the policy framework and resources to the armed forces to discharge their
Ministry of Defence to be named as ‘Department of War’ Read More »
[ad_1] A comprehensive framework to secure India’s indigenous military drone ecosystem from security compromising foreign intrusions — especially Chinese — is expected to be finalised in the upcoming meetings of the Defence Procurement Board (DPB) and Defence Acquisitions Council (DAC). This will redefine the procurement process of UAVs for tri-services. The draft framework, under preparation
Secure military drone framework awaits DAC nod to weed out Chinese components Read More »
[ad_1] The Star Cable Climper, an indigenously developed tool by Star Infomatic, is transforming cable maintenance in Hyderabad by enabling ground-level organisation of overhead wires. | Photo Credit: SINGARAVELOU T/The Hindu The Star Cable Climper, developed by Star Infomatic, is addressing the challenges of installing and maintaining overhead wires, and its adoption in Hyderabad is
Star Cable Climper gains traction in Hyderabad, revolutionises cable maintenance Read More »
[ad_1] August diesel exports to Europe increased 73% from last month. (AI image) The European Union’s new restrictions on Russia’s crude oil have led to a massive surge in diesel shipments from India. India’s diesel shipments to Europe jumped 137% year-on-year, reaching 242,000 barrels per day (bpd) in August, as customers prepared for the European
[ad_1] The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a report by the State Bank of India (SBI).As per news agency ANI, the report noted that while the government, based on
[ad_1] Image for representational purposes only. | Photo Credit: istock/imacoconut The GST Council’s recommendation to reduce the taxation rate on renewable energy devices, relating to solar, wind and biogas, and on parts required to manufacture them, from 12% to 5% has been welcomed by the industry as a step towards spurring domestic manufacturing by easing capital
[ad_1] NEW DELHI: The Centre’s single-mindedness helped it get states sign off on the massive cuts in GST rates Wednesday, making it likely that the lower prices of a whole range of goods and services become a reality much before by Diwali.While states such as Karnataka and Kerala were vocal inside when the GST Council
FM’s pro-people pitch helped bring all stateson board for GST cuts Read More »
[ad_1] NEW DELHI: The GST rate rejig comes not just as a reduction in taxes on various components of the farm sector, but also as a nudge to reforms in sustainable farming, fisheries and dairy which may ultimately benefit marginal and small farmers.The sector will see reduction in GST from 12%-18% to 5% on drip
New regime will be incentive for farm mechanisation Read More »
[ad_1] Dallas Cowboys owner Jerry Jones told CNBC Thursday the decision to trade Micah Parsons ultimately came down to simple math. Jones appeared on CNBC’s “Closing Bell: Overtime” to talk about the Dallas Cowboys’ record $12.5 billion valuation as the team kicks off the 2025-2026 season. On August 28, the Green Bay Packers signed Parsons
Micah Parsons trade was ‘based on mathematics’ Read More »
[ad_1] A worker pickets outside the Boeing Defense, Space & Security facility in Berkeley, Missouri, US, on Monday, Aug. 4, 2025. Neeta Satam | Bloomberg | Getty Images Boeing is hiring new workers to replace employees in its defense unit as their strike enters a second month without a new contract agreement. “Unfortunately, the union
Boeing hires replacement workers as defense unit strike continues Read More »
[ad_1] Las Vegas is launching a new campaign to boost tourism after a significant summer slump. The new campaign, “Welcome to Fabulous Las Vegas,” will focus on value for visitors and offer promotions and other incentives at the destination. The city has seen visitation decline for seven consecutive months, with the most recent report from
MGM Resorts CEO on Las Vegas slump and U.S. travel Read More »
[ad_1] DraftKings CEO Jason Robins has never been more enthusiastic about the kickoff to the NFL — sports betting’s biggest season. It’s second only to the Super Bowl in terms of importance for acquiring customers and growing the overall betting pool, Robins told CNBC on Thursday at the Bank of America Gaming and Lodging Conference.
Sportsbook CEOs expect record level of betting ahead of NFL kickoff Read More »
[ad_1] Paramount Pictures studio lot at 5555 Melrose Avenue in Hollywood, California, on June 5, 2024. Brian Van Der Brug | Los Angeles Times | Getty Images David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The CEO and chairman told employees Thursday that they will be expected to work
Paramount mandates 5-day-a-week return to office ahead of cost cuts Read More »
[ad_1] Taxpayers filing their returns using the ITR1 or ITR2 don’t have to bother about this additional form. (AI image) NEW DELHI: Noida-based self-employed professional Alka Sharma was among the early tax return filers last year because she was expecting a fat tax refund. “The 10% TDS deduction on my professional income and fixed deposit
[ad_1] Prime Minister Narendra Modi on Thursday underlined that “gaming is not bad but gambling is”, stressing the need to safeguard the future of India’s youth. Interacting with national award-winning teachers, PM Modi said the country has immense potential in the online gaming space. He added that India could dominate the global online gaming market
‘Gaming is not bad, gambling is; youth must be safeguarded’: PM Modi Read More »
[ad_1] Chief Minister Chandrababu Naidu Andhra Pradesh Government will be rolling out a universal health policy to provide free insurance to about five crore people in the State. The State Cabinet, chaired by Chief Minister N Chandrababu Naidu has on Thursday approved the scheme in which insurance companies will provide health cover insurance from ₹2.5 lakh to ₹5
AP Cabinet clears universal health scheme to provide free health cover up to ₹25 lakh Read More »
[ad_1] India’s sweeping Goods and Services Tax (GST) rationalisation, approved on Wednesday, is being hailed by business leaders as a major step to spur consumption, lift growth, and soften the impact of “lopsided” tariff regimes from the United States.The GST Council decided to compress the current rate structure into two slabs of 5% and 18%.
[ad_1] The reduction in Goods and Services Tax on items such as cement, steel, marble, granite blocks, which are used in construction and housing sector has been received with tepid enthusiasm by the builder community, which feels that the government should have addressed the issue of input tax credit and provided incentives to boost affordable
Real estate sector tepid toward GST rate cuts on inputs Read More »
[ad_1] With widespread rains causing heavy losses to crops and properties, a high-level delegation from Telangana, led by its Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka, has met Union Minister Amit Shah, seeking financial support from the Union Government. Pegging the initial estimates of loss at ₹5,000 crore, it asked the Union Government
Flood losses: Telangana seeks Central support of ₹16,700 cr Read More »
[ad_1] A sign hangs in a GAP Outlet store window on May 29, 2025 in Chicago, Illinois. Scott Olson | Getty Images Gap on Thursday announced it’s expanding into beauty starting with its Old Navy brand, a strategic shift by the apparel company. Its initial test will feature beauty and personal care products at 150
Gap to add beauty products at Old Navy stores Read More »
[ad_1] A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images Spirit Airlines is ending service in a host of U.S. cities this fall as it fights for survival. Its rivals, meanwhile, are circling its customers, and
Spirit Airlines cuts flights in 12 cities as United, rivals circle Read More »
[ad_1] Representative image | Photo Credit: Getty Images/iStockphoto The airline industry has slammed the decision to raise GST on premium economy and business class air travel, which has been raised from 12% to 18% as “disappointing” “This increase runs counter to the efforts of Indian carriers, which have been investing in their premium products to
Increase in GST for premium air travel disappointing: IATA Read More »
[ad_1] At its 56th meeting on September 3, 2025, the GST Council announced a simplified tax structure comprising two main slabs, 5% and 18%, alongside a special 40% rate applicable only to designated “sin goods” and certain luxury items, effective from September 22. This revision comes after the removal of the Compensation Cess, with the tax incidence preserved
What are ‘sin goods’ and why do they now attract the highest GST rate? Read More »
[ad_1] The comprehensive GST modifications have been regarded by market analysts as a “consumption revival bombshell”. (AI image) GST rate cuts announced by the Modi government have served as a booster shot for the Indian economy and markets, with consumption driven growth expected to aid the economy at a time when it is faced by
GST rate cuts a booster shot! What do tax changes mean for stock markets? Explained Read More »
[ad_1] India’s IT services industry is witnessing a slowdown in hiring since the start of the second quarter, a trend that staffing firms expect will continue amid global economic uncertainties, higher US tariffs and weaker discretionary spending.According to ET, data from Teamlease showed a 10% drop in overall hiring across India’s $283-billion outsourcing sector between
[ad_1] Ex-Trump aide John Bolton (file photo) Former US National Security Advisor John Bolton lashed out at US President Donald Trump on Thursday (local time) for deteriorating US-India relations through a 50% tariff imposition on India, which he claims has driven Prime Minister Narendra Modi towards Russia and China.“The White House has set US-India relations
[ad_1] Image for representation only | Photo Credit: Getty Images/iStock The Maharashtra cabinet on Wednesday (September 4, 2025) gave its approval to amend laws that will allow increasing the maximum daily working hours for private sector employees from the present nine to 10 hours. The move is aimed at attracting investments, generating employment and safeguarding
[ad_1] Businessman holding up profits during tough economic times. The men and background are on separate labeled layers. | Photo Credit: retrorocket tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 4th September 2025 September 4,
[ad_1] Netflix on Wednesday announced a new update to its “Moments” feature, allowing viewers to choose a start and end point on clips to save and share. The feature, which is only available on mobile devices, was first rolled out last year, for viewers to save scenes that they love and share them. The new
Netflix will let users customize and share clips on mobile Read More »
[ad_1] American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new
American Eagle Outfitters (AEO) earnings Q2 2025 Read More »
[ad_1] Ruth Jones, immunization nurse, holds a Pfizer-BioNTech COVID-19 vaccine (brand name: Comirnaty) at Borinquen Health Care Center in Miami, Florida, on May 29, 2025. Joe Raedle | Getty Images Florida plans to end all state vaccine mandates, including for children to attend schools, state Surgeon General Joseph Ladapo, a prominent immunization critic, announced Wednesday.
Florida to end all vaccine mandates, first state in U.S. to do so Read More »
[ad_1] NEW DELHI: There is good news for buyers of top consumer segments such as small cars, two-wheelers under 350cc, ACs, TVs (over 32’inches) and dishwashers. The GST Council has cut the GST rates on the products from 28% to 18%, which will see significant cuts in consumer prices.Finance Minister Nirmala Sitharaman said that the
[ad_1] Finance Minister Nirmala Sitharaman addressed the media in a rare 10 pm press conference on Wednesday after the GST Council approved a slew of major reforms in its 56th meeting. The announcements came as the Centre officially launched the “next-gen” GST reforms, as promised by PM Narendra Modi from the ramparts of Red Fort
[ad_1] The GST Council on Wednesday approved the creation of a new slab of 40% for sin and luxury goods, marking a significant change in the tax structure. While the date for its implementation will be announced later, the two other main slabs of 5% and 18% will come into effect from September 22.The highest
[ad_1] NEW DELHI: Individual health and life insurance has been made GST free, finance minister Nirmala Sitharaman announced on Wednesday. It comes as a big relief as the rate has been brought down from 18%.“Insurance services from 18% currently will go into two, three different categories. Exemption of GST on all individual life insurance policies,
GST reforms: 0% GST on individual health and life insurance; reduced from 18% Read More »
[ad_1] Rashee Rice #4 of the Kansas City Chiefs reacts with the NBC Sunday Night Football Player of the Game football following the win against the Atlanta Falcons at Mercedes-Benz Stadium on September 22, 2024 in Atlanta, Georgia. Todd Kirkland | Getty Images Sport | Getty Images The NFL season officially starts on Thursday, and
NBC touts record NFL season ad revenue, sells out of Super Bowl LX spots Read More »
[ad_1] GST rate cuts announced by FM Sitharaman Finance Minister Nirmala Sitharaman on Wednesday announced major Goods and Services Tax (GST) rate cuts, saying that with the two-tier tax rate system approved, the common man will benefit greatly. The GST Council approved the two-tier rate structure of 5% and 18%. The GST rate rationalisation will
[ad_1] Chennai’s Great Lakes Institute of Management has opened admissions for its One-Year Post Graduate Programme in Management (PGPM) and Post Graduate Programme in Management – Family Business & Entrepreneurship (FBE) for the academic year 2026–27. The PGPM, offered at both the institute’s Chennai and Gurgaon campuses, is designed for professionals with over years of
Great Lakes Institute opens admissions for PGPM and PGPM-FBE programmes Read More »
[ad_1] A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images The Walt Disney Company will pay $10 million to settle Federal Trade Commission allegations that it enabled the unlawful collection of children’s personal data on YouTube. The FTC claimed the company allowed data to
Disney to pay $10 million FTC settlement over children’s data Read More »
[ad_1] Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | 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
CRE giant BGO uses AI to find undervalued assets in unlikely areas Read More »
[ad_1] People wade through a flooded road after a rise in the water level of river Yamuna due to heavy monsoon rains, in New Delhi Rain fury continued to lash north Indian States of Jammu and Kashmir, Himachal Pradesh, Punjab, Haryana, Rajasthan and Delhi, with most of the rivers flowing above danger marks. Apart from
Persistent heavy rain in north India, may lower crop output Read More »
[ad_1] The India-US trade relationship faces challenges as Trump has increased tariffs from August. (AI image) Indian companies are betting on robust demand from smaller towns and villages to counter the impact of US President Donald Trump’s 50% tariffs on India. India’s GDP grew at a 5-quarter high of 7.8% in the April-June period. Private
[ad_1] Macy’s posted fiscal second-quarter earnings Wednesday that easily topped Wall Street’s expectations, as it said revamped stores helped sales trends. The department store operator also raised its full-year earnings and sales guidance. It now expects adjusted earnings of between $1.70 and $2.05 per share, compared with $1.60 to $2 per share, and revenue between
Macy’s (M) Q2 Earnings 2025 Read More »
[ad_1] Heavy rains continue in Delhi-NCR. Parts of the city received heavy rainfall on Wednesday afternoon (September 3). The India Meteorological Department (IMD) predicted “generally cloudy sky with moderate rain” for Delhi today. IMD’s prediction for Delhi for September 4-8 A “thunderstorm with rain” has been predicted for tomorrow (September 4), followed by “generally cloudy
Heavy rains lash Delhi-NCR; check out IMD prediction for 4-8 September Read More »
[ad_1] Pharma major Lupin Ltd on Wednesday said it has received approval from the US health regulator for its generic version of risperidone for extended-release injectable suspension, used in the treatment and maintenance of schizophrenia and bipolar disorder in adults. The approval by the US Food and Drug Administration (USFDA) is for the abbreviated new
Lupin gets USFDA nod for generic risperidone extended-release injectable suspension Read More »
[ad_1] At 4 am on Tuesday, when the city that never sleeps was still in a lull, Anant Ambani stood before the 14-foot idol of Ganesha known as Lalbaugcha Raja (King of Lalbaug), who has ruled over the faith of crores for the past 92 years. Eyes shut, lips murmuring a silent prayer, Ambani was
Lalbaugcha Raja: Where Ambanis bow and Mumbai believes Read More »
[ad_1] The India Meteorological Department (IMD) has issued red alert for several states in the country due to heavy rainfall. These include some districts across Jammu & Kashmir, Ladakh, Himachal Pradesh, northern Punjab, northern Haryana, eastern Rajasthan, southwest Uttar Pradesh, northwest & eastern Madhya Pradesh and Odisha. Meanwhile, flight operations to Leh affected due to
[ad_1] Image only for the purpose of representation. | Photo Credit: Nagara Gopal Energy Minister Gottipati Ravi Kumar on Tuesday (September 2, 2025) said Andhra Pradesh was poised for a major leap in the power sector, with AP-Genco and AP Power Development Corporation Limited (APPDCL) recording a generation of over 16,000 Million Units (MU) of
Andhra Pradesh power sector records 20% growth in generation: Minister Ravi Kumar Read More »
[ad_1] Representative image | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low level to 88.00 against the U.S. dollar in early trade on Wednesday (September 3, 2025) as persistent foreign fund outflows and dollar strength weighed on investor sentiments. Forex traders said the rupee is trading near an all-time low, driven
Rupee recovers 15 paise to 88 per U.S. dollar in early trade Read More »
[ad_1] The goal is to offer commercial AI tools across the federal government, according to GSA [File] | Photo Credit: AP Microsoft has agreed to give U.S. agencies a discount on its cloud services, the General Services Administration said Tuesday, as part of the administration’s push to sign deals with tech companies for departments across
Microsoft to discount cloud services for U.S. government Read More »
[ad_1] Shoppers at the Walmart Supercenter in Burbank during Walmart’s multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Holiday shoppers expect to trim the tree and their spending this upcoming season, according to a survey by consulting firm PwC. Across generations, consumers
Holiday spending, especially by Gen Z, will drop, survey says Read More »
[ad_1] The upcoming GST Council meeting could influence market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was near 24,600, BSE Sensex was up over 50 points. At 9:16 AM, Nifty50 was trading at 24,592.05, up 12 points or 0.051%. BSE
Stock market today: Nifty50 near 24,600; BSE Sensex moves above 80,200 Read More »
[ad_1] Business candle stick graph chart of stock market investment trading on blue background. Bullish point, up trend of graph. Economy vector design. istock photo for BL | Photo Credit: ABC Vector tock Market today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices
Stock Market Live Updates 3rd September 2025 Read More »
[ad_1] A federal judge on Tuesday (September 2, 2025) ordered a shake-up of Google’s search engine in an attempt to curb the corrosive power of an illegal monopoly while rebuffing the U.S. government’s attempt to break up the company and impose other restraints. The 226-page decision made by U.S. District Judge Amit Mehta in Washington,
[ad_1] The Indian rupee traded near record lows against the US dollar on Tuesday, slipping to 88.15 after closing at an all-time low of 88.18 a day earlier. The depreciation has provided exporters with better price competitiveness but raised concerns for import-heavy sectors.Exporters said the fall in the rupee presents a mixed picture. “On one
[ad_1] The GST council has proposed steep increases in consumer levies on luxury electric cars priced above $46,000, a government document showed, a move that could impact sales of carmakers such as Tesla, Mercedes-Benz, BMW and BYD. Prime Minister Narendra Modi is aiming to reform India’s tax system and is pushing Indian customers to buy
India tax panel calls for steep levies on luxury EVs in blow for Tesla, BMW Read More »
[ad_1] Jaguar Land Rover, the Tata Motors-owned luxury automaker, said on Tuesday its global retail and production operations have been “severely disrupted” following a cyberattack, forcing the company to shut down systems as a precaution.The UK-based company said it took immediate steps to shut down its systems in a bid to limit the fallout, AFP
JLR cyberattack: Tata Motors unit says operations severely hit; no customer data stolen Read More »
[ad_1] Corona and Modelo beers imported from Mexico for sale at a grocery store in Magnolia, Texas, on April 3, 2025. Ronaldo Schemidt | Afp | Getty Images Constellation Brands on Tuesday slashed its full fiscal-year outlook, saying a “challenging” economy is hitting its alcohol sales. The company, home to popular brands such as Modelo
Constellation Brands Modelo shares fall after guidance cut Read More »
[ad_1] Dr. Johann Wadephul, Federal Minister for Foreign Affairs of Germany Dr. Johann Wadephul, Federal Minister for Foreign Affairs of the Federal Republic of Germany, visited the SAP Labs India Innovation Park in Bangalore, reaffirming the deepening partnership between India and Germany in driving digital innovation and shaping the future of technology. Dr. Wadephul inaugurated
German Foreign Minister inaugurates SAP Experience Centre in Bengaluru Read More »
[ad_1] Visakhapatnam : Andhra Pradesh : 02/09/2025 : Chief Minister N Chandrababu Naidu | Photo Credit: The Hindu Andhra Pradesh Capital Region Development Authority (CRDA) will allot land for willing firms to set up convention centres in Amaravati. A proposal in this regard was approved in a meeting of CRDA chaired by Chief Minister N
AP CRDA to allot land for convention centres in Amaravati Read More »
[ad_1] With the U.S. accounting for 28% of the total Indian textile and apparel exports, the industry has urged the government to come out with a bailout package, similar to the one announced during the COVID-19 pandemic. Representatives of more than 20 textile associations and export promotion councils in Tamil Nadu had a meeting with
Textile, apparel exporters meet FM, seek bailout package Read More »
[ad_1] The Uttarakhand government on Tuesday signed an agreement with National Highway Logistics Management Limited (NHLML) for the development of ropeways to Kedarnath and Hemkund Sahib under the Centre’s Parvatmala project. The signing took place at the Secretariat in the presence of Chief Minister Pushkar Singh Dhami, according to a release from CMO. According to
Uttarakhand govt, NHLML sign pact for Kedarnath and Hemkund Sahib ropeways Read More »
[ad_1] An earthquake measuring 3.5 on the Richter scale jolted Sonitpur, Assam, on Tuesday, at 17:33:29 IST, according to the National Center for Seismology (NCS). The quake occurred at a depth of 15 km, with its epicentre located at latitude 26.69 N and longitude 92.92 E. In X post, the NCS stated, “EQ of M:
Earthquake of magnitude 3.5 strikes Assam’s Sonitpur Read More »
[ad_1] The GST Council is expected to consider the recommendation by a Group of Ministers (GoM) to end Compensation Cess by October 31. It will also deliberate on an alternative to compensation cess once it is abolished. Compensation cess was brought under GST through a special law to bridge revenue loss post introduction of GST
GST Council may take up proposal to end compensation cess by Oct 31 Read More »
[ad_1] Sugar stocks turned into a sweet spot for investors on Tuesday as shares of leading mills surged sharply, buoyed by the government’s decision to allow ethanol production without any quantitative restrictions in the 2025-26 marketing year beginning November.Rajshree Sugars & Chemicals hit the upper circuit with a 20 per cent jump on the BSE,
Sugar stock rally on ethanol push: Rajshree tops chart at 20%; industry cheers govt move Read More »
[ad_1] Wall Street tumbled on Tuesday, with the S&P 500 dropping 1.3% in early trade and heading toward its worst single-day loss in a month. The Dow Jones Industrial Average slipped 571 points, while the tech-heavy Nasdaq fell 1.7%, AP reported. Nvidia and other companies riding the artificial intelligence boom were among the heaviest drags.
[ad_1] In a move to make outsourcing services more transparent, accountable, and employee-friendly, the Yogi government has approved the formation of the Uttar Pradesh Outsource Service Corporation Limited. According to a release, the decision was taken in a Cabinet meeting chaired by Chief Minister Yogi Adityanath, where 15 proposals were cleared, including this major step
[ad_1] The finance ministry will kick-start the Budget-making exercise for 2026-27 from October 9 against the backdrop of global geopolitical uncertainties and the steep 50% US tariff on Indian shipments.The upcoming Budget will need to address the challenges of boosting demand, creating jobs and ensuring the economy moves towards a sustained growth path of over
[ad_1] After several days of continuous rain, the residents of Delhi-NCR are soaking in so much fresh air that they are reminded of the holidays spent in the mountains. The capital, notorious for its choking smog during winters, has suddenly found it easier to breathe thanks to incessant rains. Delhi’s AQI drops to ‘Excellent’ levels
Delhi breathes easy as rains bring rare clean air and cool temperatures Read More »
[ad_1] The rupee declined 8 paise to close at an all-time low of 88.18 (provisional) against the U.S. dollar, as Indo-U.S. trade deal uncertainty and weak domestic equity markets pressurised the local unitImage used for representation purpose only. | Photo Credit: Reuters The rupee declined 8 paise to close at an all-time low of 88.18
Rupee falls 8 paise to hit record low of 88.18 against U.S. dollar Read More »
[ad_1] Investigators on Tuesday started search operations at 10 locations in different parts of the country over an alleged fraud case involving M/s Gupta Exim India Private Ltd (M/s GEIPL). The Enforcement Directorate (ED) — the national financial crime-fighting agency – conducted searches at 10 premises: nine located in the national capital and one in
GEIPL Bank Fraud Case: ED raids 10 locations in Delhi, Pune Read More »
[ad_1] Singapore Prime Minister and Minister for Finance, Lawrence Wong will make an Official Visit to Delhi from September 2-4, at the invitation of Prime Minister Narendra Modi, a statement by the Singaporean Prime Minister’s Office said. Prime Minister Wong’s introductory visit coincides with the 60th anniversary of the establishment of Singapore-India diplomatic relations