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Trump’s $2,000 tariff rebate promise: Is it even feasible? When Americans might actually get it

US President Donald Trump has vowed a tariff rebate of $2,000 to Americans next year, offering a potential financial boost to millions facing high costs of living. “We’ve taken in hundreds of billions of dollars in tariff money. We’re going to be issuing dividends…probably the middle of next year, a little bit later than that,…

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Trump’s tariff impact! US trade deficit falls 24% as imports plunged in August; government shutdown delayed data release

The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5…

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Pakistan stocks soar: KSE-100 surges 40% — What’s driving the market after years of volatility?

Pakistan’s stock market is experiencing an unusual surge, driven largely by retail investors, signalling renewed confidence in local equities after years of uncertainty. The KSE-100 Index has soared roughly 40% in 2025, making Pakistan one of Asia’s top-performing markets. With property prices stagnant and deposit rates halved over the past two years, more individuals are…

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Bira 91 crisis: Japan’s Kirin prepares to leave brewer; founder Ankur Jain hunts for replacement investor

Japan’s Kirin Holdings, the largest investor in Bira 91 maker B9 Beverages, is in talks with founder Ankur Jain to exit the crisis-hit company, several people familiar with the matter told ET.Kirin, one of Japan’s top three liquor companies alongside Asahi and Suntory, held a 20.1% stake in B9 Beverages as of June 2025, ahead…

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PM Kisan 21st installment today: Eligible farmers receive Rs 2,000; how to track status & beneficiaries

Prime Minister Narendra Modi released the 21st installment of the PM Kisan scheme at an event in Coimbatore, Tamil Nadu, on Wednesday. Under this disbursal, eligible farmers will receive Rs 2,000 directly in their bank accounts through Direct Benefit Transfer (DBT).The government has reiterated that completing eKYC is compulsory for all registered PM Kisan beneficiaries….

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Infosys shares jump 4%: IT giant’s stock surges ahead of record Rs 18,000 crore buyback; subscription opens November 20

Infosys shares climbed on Wednesday as investors reacted to the company’s announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The programme is scheduled to open for subscription on Thursday, November 20.On BSE, the stock rose 3.74% to close at Rs 1,541.25, gaining Rs 55. Earlier in the session, the IT giant had…

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Now unjustified! Why Trump should withdraw 25% Russian oil tariffs on India with immediate effect – explained

According to GTRI, since India has already responded to American concerns, the United States should promptly remove the tariff. (AI image) The Donald Trump administration should with immediate effect withdraw the 25% penal tariffs on India for its crude oil trade with Russia, says the Global Trade Research Initiative (GTRI) in its latest note. In…

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