Latest News, Updates & Breaking Headlines
US President Donald Trump on Friday gave a sigh of relief to American consumers with the announcement of cutting tariffs on a range of products such as beef, coffee, tropical fruits and other commodities. This comes as a major shift in his trade policy as the White House moves to address rising costs for US…
MUMBAI: Walmart-owned Flipkart will no longer charge any commission to sellers for products priced within Rs 1,000, which covers a broad selection of the product listings on the platform. In a move that analysts say has been taken to fend off competition from value commerce player Meesho, Flipkart will also not charge commission for any…
India’s top car makers Maruti Suzuki, Hyundai Motor India and Tata Motors, are gearing up to expand production by 20–40% in the coming months. The ramp up comes after a sharp revival in vehicle demand following the recent Goods and Services Tax (GST) cuts. Maruti Suzuki, the country’s largest carmaker, plans to produce over 200,000…
NEW DELHI: Andhra Pradesh IT minister Nara Lokesh said the state govt has reduced power tariffs for shrimp farmers to address a key disadvantage against rivals such as Ecuador after the US tariffs. “Our closest competitor, Ecuador, had 16% tariffs, so the difference was around 34%. I sat with the ministers, we interacted with the…
A new oral medication has shown LDL reductions of about 55.8%. The experimental drug, Enlicitide, developed by Merck, was presented at the American Heart Association Scientific Sessions 2025, and early results have excited cardiologists around the world.Unlike existing PCSK9 inhibitors, which require injections, Enlicitide is the first oral PCSK9 inhibitor, taken as a once-daily pill….
The US air cargo industry is bracing for fresh turbulence as the Federal Aviation Administration’s (FAA) 10% reduction in flight capacity across 40 major airports collides with the grounding of UPS and FedEx’s McDonnell Douglas MD-11 fleets, deepening pressure on supply chains ahead of the crucial Thanksgiving and holiday shipping season.The FAA ordered airlines to…
More than 1,000 flights were cancelled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal govt shutdown. Forty airports were slated for cuts, including major hubs in Atlanta, Newark, Denver, Chicago, Houston and Los Angeles.The flight reductions took effect…
NEW DELHI: Chief economic advisor V Anantha Nageswaran on Friday expressed confidence that India’s economic growth for FY26 will exceed 6.8%, supported by stronger consumption driven by GST rate cuts and income tax relief.Speaking at CNBC-TV18’s Global Leadership Summit 2025, Nageswaran said, “I am comfortable looking at a number north of 6.8 per cent now….
Danish pharmaceutical giant Novo Nordisk, the maker of obesity drugs Ozempic and Wegovy, lowered its 2025 sales outlook for the fourth time this year on Wednesday after reporting tepid third-quarter results.The company, which appointed Mike Doustdar as CEO in August, now expects full-year sales growth of 8 to 11 per cent, down from a previous…
Canada unveiled its new Immigration Levels Plan for 2026–2028 early Wednesday morning (India time), confirming that the country will hold steady the intake of permanent residents and admit 3.80 lakh annually over the next three years. However, it has sharply curbed the number of temporary residents—especially international students. To illustrate, the immigration levels plan unveiled…
