Gensol Engineering, linked to BluSmart founders, has defaulted on payments to its PTC holders. The default amount is around ₹4 crore. Repayments stopped after BluSmart cab services ceased. Grip Invest confirms the default. They are working to recover funds by…
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A federal court has blocked President Trump’s use of emergency powers to impose sweeping tariffs on imports, deeming it an overreach of authority. This ruling challenges Trump’s trade policies, which have unsettled markets and raised economic concerns.
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The Trump administration is reportedly contemplating a temporary measure to levy tariffs on a significant portion of the global economy, potentially utilizing a law that permits tariffs of up to 15% for 150 days. This consideration comes as a federal…
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The Mumbai civic body clarified that increased property tax bills are due to revised ready reckoner rates for 2025-26, not a tax hike. The BMC deferred a 2020 revision due to COVID-19, leading to the current update after a decade.…
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Asian stocks experienced a downturn on Friday as investors reacted to the reinstatement of Trump’s tariffs by an appeals court, reversing gains from the previous day’s ruling. The Nikkei in Japan saw the steepest decline, influenced by fluctuations in the…
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Gold prices experienced a decline on Friday due to a stronger dollar, as investors are keenly awaiting the U.S. PCE inflation report for insights into the Federal Reserve’s future policy decisions. San Francisco Fed President Mary Daly suggested potential rate…
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