Private banks report mixed results as new CEOs clean up
Private banks report mixed results as new CEOs clean up Read More »
Dhanteras shopping: High price tags didn’t dim gold’s shine – Here’s what drew in consumers
Despite record high prices, Dhanteras gold and silver sales matched last year’s volumes and rose over 25% in value. Shoppers favored coins and lightweight jewelry, viewing them as smart investments amid rising prices. Demand surged as consumers saw no sign of a price correction, leading to strong sales across the country.
US government shutdown: Trump admin’s closure hits workers, economy; Which sectors are affected?
The US federal government shutdown is nearing a historic length with no resolution in sight. Millions of federal workers face unpaid days and potential job cuts, while the economy suffers significant losses, particularly in tourism and air travel. Both parties remain entrenched, with Democrats prioritizing healthcare and Republicans pushing for broader budget cuts.
US auto tariffs: Donald Trump offers American car makers additional relief; truck parts face 25% duty
US President Donald Trump has signed an order offering relief to American carmakers by extending tariff offsets on imported parts until 2030. Simultaneously, a 25% tariff is imposed on medium and heavy-duty truck parts from November 1, following a national security review. This aims to boost domestic manufacturing, though some USMCA-eligible trucks will receive preferential
Trump’s 100% tariff: US and China seek fresh trade talks ‘as soon as possible’
China and the US are set to resume trade talks soon, aiming to de-escalate escalating tariff tensions. This comes after US President Trump suggested a 100% tariff might not be sustainable, while also hinting at potential further levies. The discussions follow recent export controls by Beijing and mixed signals from both economic powers.
Trump’s 100% tariff: US and China seek fresh trade talks ‘as soon as possible’ Read More »
FAA nod for 737 Max: Two years after door plug incident, Boeing allowed to hike production; max output limit 42 per month
Boeing has received FAA approval to increase its 737 Max monthly production to 42 jets, up from 38. This comes after a period of slowed output due to investigations and a strike. The FAA emphasized that oversight will continue, despite restoring Boeing’s authority for final safety inspections.
Gold prices on Dhanteras 2025: How record gold rates will shape festive buying – explained
Dhanteras 2025 sees Indian gold buyers facing record prices, leading to a strategic shift towards lightweight jewellery and investment products like coins and digital gold. Despite high costs, a positive buying sentiment persists, fueled by FOMO and increased disposable income from tax cuts, ensuring a robust value-driven festive season.