Trump vs Carney: Cars, homes, booze and more caught in US-Canada tariff war

Trump vs Carney: Cars, homes, booze and more caught in US-Canada tariff war

US President Donald Trump with Canadian Prime Minister Mark Carney The US-Canada trade war has intensified, with both countries imposing fresh tariffs on a range of goods, including cars, building materials, household products and alcohol. The latest measures come after US President Donald Trump’s threat to raise tariffs on Canadian imports, prompting Prime Minister Mark … Read more

India Hotel Industry Growth: India’s hotel sector likely to gain momentum in H2FY27 on strong leisure demand

India Hotel Industry Growth: India’s hotel sector likely to gain momentum in H2FY27 on strong leisure demand

Resorts outperform city hotels as India’s hospitality sector navigates travel disruptions (representative image) India’s hotel industry is expected to see stronger growth in the second half of FY27, supported by robust domestic leisure demand and a steady recovery in corporate and international travel, according to a PhillipCapital sector report.The hospitality sector remained resilient in the … Read more

TVS Motor appoints Peyman Kargar as CEO

TVS Motor appoints Peyman Kargar as CEO

Peyman Kargar will become TVS Motor’s new Chief Executive Officer starting January 27, 2027 CHENNAI: TVS Motor Company, has appointed Peyman Kargar, currently president of international business, as its director and chief executive officer with effect from Jan 27, 2027. Kargar will succeed K N Radhakrishnan, who will continue as CEO until Jan 27 and … Read more

India Foreign Exchange Reserves: India’s forex reserves hit all-time high of $729.33 billion after $12.42 billion jump

India Foreign Exchange Reserves: India’s forex reserves hit all-time high of 9.33 billion after .42 billion jump

Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image) India’s foreign exchange reserves surged by $12.422 billion to a new all-time high of $729.328 billion in the week ended August 21, Reserve Bank of India (RBI) data showed on Friday.The country’s forex reserves have now risen for eight … Read more

On F&O expiry day, sensex sees wild swings during Closing Auction Session

On F&O expiry day, sensex sees wild swings during Closing Auction Session

Sudden movement in closing period triggers outcry online. MUMBAI: In the first monthly expiry of derivatives contracts on BSE after the introduction of Closing Auction Session, popularly known as CAS, sensex and Bankex, BSE’s banking index, witnessed wild swings, triggering social media outcry. The sharp movement in indices and some of their constituents also gave … Read more

The big Indian IT sector shake-up: GCCs are hiring more than traditional tech; who is getting the jobs?

The big Indian IT sector shake-up: GCCs are hiring more than traditional tech; who is getting the jobs?

Can GCCs absorb talent across levels that are not finding jobs in traditional IT sector firms? The Indian IT sector is undergoing a tectonic shift with artificial intelligence rendering many traditional roles redundant and requiring an unprecedented skill upgradation to stay employable. Even as the traditional IT firms continue to hire and fire, one branch … Read more

Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill

Weaker rupee may push foreign assets above FAST-DS Rs 1 crore limit: Taxpayers could lose the disclosure window which allows lower 60% tax outgo and face a steeper income tax bill

Since the tax payable through an updated return could be higher, an assessee may potentially save Rs 30-40 lakh. Income tax alert! If you have foreign assets then you need to be mindful of the negative impact on your tax outgo that the recent decline in rupee’s value versus the US dollar could have had.The … Read more

Gold may hit Rs 15 lakh per 10 grams? Billionaire investor Thomas Kaplan sees gold at $50,000 an ounce, calls another tenfold rise ‘inevitable’

Gold may hit Rs 15 lakh per 10 grams? Billionaire investor Thomas Kaplan sees gold at ,000 an ounce, calls another tenfold rise ‘inevitable’

Gold is currently trading at around $4,600. A tenfold increase from that level would put the price at roughly $46,000 an ounce. (Image source: Adobe stock) Will gold prices hit $50,000 per ounce in the coming years? Thomas Kaplan, the chairman of Electrum, and a billionaire has predicted that the yellow metal may rise as … Read more