BUSINESS

US compliance alert: New York warned of $73M fund loss; federal audit flags improper immigrant commercial licences

New York faces a potential $73 million loss in federal highway funds after an audit revealed thousands of immigrant commercial…

6 months ago

Crypto deal: Pakistan, Binance sign MoU on tokenising sovereign assets; plan covers up to $2 bn

Pakistan has signed a non-binding MoU with Binance to explore tokenizing up to $2 billion in sovereign and real-world assets.…

6 months ago

US labour market trend: Jobless claims surge to 236,000; Fed flags deeper hiring weakness

US jobless claims surged last week, exceeding expectations, though still within historical lows. Despite this, the Federal Reserve cut interest…

6 months ago

New labour codes: Does your salary & wage definition, PF contribution, ESI, gratuity payout & bonus change? Explained

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition…

6 months ago

India-US trade deal: India should be cautious on agri concessions, insist on a drastic cut in high tariffs – GTRI says

As India enters pivotal trade talks with the United States, experts are advising a careful approach regarding the potential reduction…

6 months ago

India’s first hydrogen-powered train: What’s special about it? Top 5 things to know

In a groundbreaking achievement for sustainable transit, Indian Railways has unveiled its inaugural hydrogen-powered train. This pioneering 'Made in India'…

6 months ago

IndiGo disruptions: Over 40,000 passengers hit at Mumbai airport since December 1; delays and cancellations pile up, says MIAL

Mumbai airport experienced significant disruptions last week as IndiGo cancelled 905 flights and delayed 1,475 others, impacting over 40,000 passengers…

6 months ago

Fed call ahead: Central bank eyes third rate cut amid sharp divisions; why follow-up easing looks uncertain

The US Federal Reserve is poised for a quarter-point rate cut this week, but internal disagreements signal future reductions will…

6 months ago

India-US trade talks: US deputy ambassador for trade to visit India; discussions resume this week

US Deputy Ambassador for Trade, Rick Switzer, is set to visit India on December 10-11 for crucial trade talks. Both…

6 months ago

Home loan relief: Banks cut MCLR, RLLR and RBLR after RBI repo rate trim; here’s how your EMIs may fall

Home loan borrowers are set to benefit as major banks, including HDFC Bank, PNB, and Bank of Baroda, have reduced…

6 months ago