Sumitra

Energy standoff: US tells Serbia to remove Russian ownership from NIS entirely; Belgrade warns of ‘historic’ decisions ahead

Serbia faces a critical juncture as the US demands complete withdrawal of Russian ownership from its largest oil company, NIS,…

4 months ago

Trade ties: Switzerland secures US tariff cut to 15%; $200 bn investment push announced

Switzerland will invest $200 billion in the US by 2028 following a trade agreement that significantly reduces tariffs on Swiss…

4 months ago

US markets today: Wall Street logs second sharp fall as AI favourites tumble; global indices mirror tech-led slump

US stocks experienced volatility on Friday, with major AI-linked stocks like Nvidia swinging sharply, impacting broader indices. The S&P 500,…

4 months ago

Ford CEO warns US of a workforce crisis: “We have 5,000 skilled-mechanic jobs unfilled even with a $120,000 salary.”

Ford CEO Jim Farley warns of a national crisis as the company struggles to fill 5,000 skilled mechanic roles, despite…

4 months ago

$100 billion trade target by 2030: India, Russia discuss boost to bilateral ties; marine and pharma products in focus

India has urged Russia to expedite the approval of domestic establishments and registration of marine and pharmaceutical products to boost…

4 months ago

Banking push: FinMin asks PSBs to boost MSME, farm credit; focus on deposits, asset quality and AI-led innovation

Public sector banks are directed to boost lending to MSMEs and agriculture, while focusing on low-cost deposits and robust risk…

4 months ago

Shutdown strain: Small US businesses reel under halted contracts; firms weigh layoffs as Congress moves to end deadlock

US small businesses are grappling with a severe cash crunch due to the prolonged government shutdown, now in its seventh…

4 months ago

Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers

The CBDT has empowered the Income Tax Commissioner at Bengaluru's CPC to directly rectify assessment order mistakes under Section 154.…

4 months ago

Tax notice alert! Buying land above Rs 30 lakh? Here’s why you may come under Income Tax Department scrutiny and how to avoid it

Property buyers are increasingly receiving income tax notices questioning the source of funds for their purchases. Tax authorities are using…

4 months ago