The knee-jerk reaction to Donald Trump’s pick of Kevin Warsh to replace Jerome Powell as chairman of the Federal Reserve is that the president made the most hawkish selection among the four reported finalists for the job. In the wake of last night’s leak that Warsh was to be the choice, risk markets — crypto…
MUMBAI: Most tech-driven financial services platforms faced outages during Friday’s high-intensity late session due to tech-glitch at Cloudflare, one of the companies that runs the internet globally. Traders in India faced issues with trade execution and cancellations on a day when the RBI policy and weekend considerations led to higher trading intensity than most other…
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Renovation work continues on the Marriner S. Eccles Federal Reserve Board Building, the main offices of the Board of Governors of the Federal Reserve System on December 9, 2025 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images The Federal Reserve on Thursday reappointed 11 of its 12 regional bank presidents, ending…
The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants across the country for mandatorily levying service charges on customers, holding the practice to be a violation of consumer law.The restaurants have been fined up to Rs 50,000, directed to refund the service charge collected from consumers,…
NEW DELHI: India slipped 13 ranks to figure at the 23rd position in the latest Climate Change Performance Index (CCPI), which was released by environmental think tank Germanwatch on the sidelines of the ongoing UN climate conference (COP30) in Belem, Brazil on Tuesday.It’s the biggest fall of India on the CCPI ranking in the recent…
MUMBAI: Adani Group, India’s fifth-largest conglomerate by market value, intends to bid for nearly a dozen airports slated for privatisation as part of its Rs 1-lakh-crore investment plan for aviation infrastructure over the next five years. Earlier this year, govt announced plans to lease out 11 airports, including those in Amritsar and Varanasi.“Out of the…
Uttar Pradesh Finance Minister Suresh Kumar Khanna on Monday presented supplementary demands for grants of Rs 24,496.97 crore for the current financial year in the state assembly. Presenting the demands, Khanna said after deducting the central share of Rs 2,197.24 crore to be received for centrally sponsored schemes, the net additional burden on the state’s…
MUMBAI: It has been nearly three months since the new GST rates have kicked in but the fast-moving consumer goods (FMCG) sector is yet to see the full impact of the benefits of the tax cuts that drove down prices of a host of essentials.Consumers first rushed to buy durables and cars, where the cuts…
Representative image credits: ANI This wedding season, plain and lightweight gold jewellery in 22-, 18-, and even 14-karat is attracting significant attention, as many couples and their families prioritise investment and resale value over elaborate designs and diamond embellishments.Jewellers from Joy Alukkas, PNG, Senco Gold, and Kalyan report that simple gold pieces are becoming increasingly…
