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As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
No More Free Hajj: Egypt Changes the Rules for Pilgrims Ahead of 2026 Pilgrimage Ahead of the 1447 AH/2026 Hajj season, the Egyptian government has announced that it will stop providing state-funded free pilgrimage slots. Instead, it will use electronic lottery systems and licensed paid pilgrimage packages. This is a significant change for millions of…
ITC shares slid to a three-year low of Rs 345.35 on Friday, extending a sharp two-day selloff that has erased about 14% of the stock’s value after the finance ministry announced a steep increase in cigarette taxes, triggering widespread analyst downgrades and renewed concerns over volumes and profitability.The Nifty heavyweight fell another 5% on Friday,…
The government’s surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for pressure on volumes, margins and long-term profitability.ITC shares tumbled to a three-year low of Rs 345.35 on Friday, extending a two-day rout that has wiped…
Millions of Americans face higher healthcare costs as enhanced Affordable Care Act tax credits expired on January 1, 2026, despite efforts from both Republicans and Democrats to find a solution. The expiration affects over 20 million people who rely on these subsidies, with average premium costs more than doubling for most enrollees.The subsidies were part…
Jake Weatherald is bowled by Ben Stokes during day two of the fourth Test at Melbourne Cricket Ground (Photo by Quinn Rooney/Getty Images) NEW DELHI: Melbourne Cricket Ground head curator Matt Page admitted he was left in a “state of shock” after witnessing the carnage during the two-day fourth Ashes Test, an outcome that has…
Is Taylor Swift Pregnant? NFL analyst Bill Simmons sparks shock claim while urging Travis Kelce to quit Chiefs early (Image via Getty) Rumors around Taylor Swift and Travis Kelce took over sports and pop culture this week after a surprising on-air comment. Sports analyst Bill Simmons claimed Swift is pregnant while talking about Kelce’s future…
Morgan Rogers of Aston Villa celebrates scoring his team’s first goal with teammate Ezri Konsa. (Getty Images) Aston Villa continued their stunning Premier League title charge on Sunday as Morgan Rogers’ brilliant brace sealed a 2-1 victory over Manchester United at a raucous Villa Park, extending Unai Emery’s side’s extraordinary winning run.Go Beyond The Boundary…
US-listed shares of Infosys shot up as much as 40% within minutes of the market opening on Friday, briefly adding tens of billions of dollars to the Indian IT major’s market value. The sudden surge pushed the American Depositary Receipts (ADRs) to a 52-week high of $30 and forced the New York Stock Exchange to…
US President Donald Trump announced Tuesday he is ordering a naval blockade of sanctioned oil tankers entering Venezuela, intensifying military pressure on Venezuelan leader Nicolas Maduro following last week’s US seizure of an oil tanker off Venezuela’s coast and amid an ongoing military buildup in the region.Trump made the announcement on his social media platform,…
