Trade shift: US deficit shrinks to 2020 low; tariff hikes reshape import flows

The US trade deficit has unexpectedly narrowed to its smallest level since 2020 as President Donald Trump’s sweeping tariff hikes altered import behaviour, according to delayed Commerce Department data released on Thursday.The deficit fell 10.9% to $52.8 billion in September, even as exports rose 3% to $289.3 billion and imports edged up 0.6% to $342.1…

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8th pay commission: Govt shares major update in Lok Sabha after ToR notification; what’s next for employees and pensioners

More than 50.14 lakh Central government employees and around 69 lakh pensioners are set to be covered under the 8th Central Pay Commission (CPC), with the government saying the timing of implementation and funding will be decided later.The update was shared in the Lok Sabha on Monday in a written reply by Minister of State…

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Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts

Susan Collins, president and chief executive officer of the Federal Reserve Bank of Boston, during a Bloomberg Television interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. David Paul Morris | Bloomberg | Getty Images Boston Federal Reserve President Susan Collins on Wednesday…

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Chinese-language crypto laundering networks surge as illicit on-chain flows hit $82B

Cryptocurrency money laundering has expanded dramatically over the past five years, with Chinese-language networks emerging as a central pillar of the global underground economy, according to new research from blockchain analytics firm Chainalysis. The report estimates that more than $82 billion flowed through on-chain laundering channels in 2025, up from roughly $10 billion in 2020….

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BJP used money, threats and ‘partisan’ returning officer in Haryana: Congress | India News

Congress leaders Deepender Singh Hooda and Rajendra Pal Gautam address a press conference NEW DELHI: Congress Tuesday said the governing BJP employed “money power, threats and misuse of returning officer” to win the Haryana Rajya Sabha election at any cost, as it slammed the rival for again “exposing its anti-Ambedkar character” by trying to steal…

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