The Reserve Bank of India revised its crude oil price projections for the fiscal year 2026-27. This adjustment has led to increased inflation forecasts, now projected at 5.2% for FY27. The bank notes ongoing supply pressures and volatility in international…
Read More
Amazon has confirmed recent job cuts affecting employees in its Stores unit during a major sales event. The layoffs are part of a series of reductions following a larger workforce decrease that started last year. A spokesperson indicated the adjustments…
Read More
US President Donald Trump has not made a final decision on resuming major combat operations against Iran, but the Pentagon has been instructed to prepare for possible fresh strikes, Axios reported while citing US officials.
Read More
Elon Musk on Wednesday alleged that Starlink’s entry into India is being “blocked” by certain oligarchs seeking to protect their “monopolistic chokehold” over Indian consumers. Without naming the individuals or companies, Musk accused them of preventing the satellite internet service…
Read More
The Department of Homeland Security plans to charge international students $70,000 for initial applications and $30,000 for renewing their optional practical training program eligibility. The move is in tune with Trump administration’s efforts to limit foreign student enrollment.
Read More
The interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the bank in the co-lending arrangement. The committee also decided to align the valuation of…
Read More