CBC - Business (32 minutes ago)
The 2025 federal budget plots a path for the Canadian economy to emerge from the current crisis. But it also highlights just how deep a hole the economy is in right now and how small the margin for error is as Canada navigates the perils of a trade war.
ReadCBC - Business (5 hours ago)
Coffee chain Starbucks released a $43.95 "Bearista" glass cold cup Thursday as part of its new holiday collection, and not only did the hat-topped tumbler sell out almost immediately, but videos circulating online show customers fighting each other to get their paws on one.
ReadThe Times of India - Business (8 hours ago)
Nikhil Kamath, co-founder of Zerodha, believes traditional colleges are obsolete. He argues that online platforms and AI offer superior learning to MBA programs. Kamath suggests that formal degrees are becoming less relevant as companies like Meta and Apple shift focus from qualifications to practical skills. Vocational training is expected to gain...
ReadCBC - Business (8 hours ago)
Finance Minister François-Philippe Champagne presented his first federal budget Tuesday and it includes big-ticket items to prop up an economy grappling with major economic disruptions but also cuts to the public service to get the fiscal house in order.
ReadThe Times of India - Business (9 hours ago)
Indian students in the US face job rejections due to a significant H-1B visa fee hike by the Trump administration, impacting their career prospects. Companies are increasingly hesitant to sponsor, leading to a sharp decline in available positions for international graduates.
ReadThe Times of India - Business (9 hours ago)
The cryptocurrency market has seen a significant downturn, losing substantial ground after a record high. This slump, triggered by liquidations and investor caution, has erased most of this year's gains. Bitcoin has fallen below a key technical level, while smaller altcoins are experiencing even steeper losses.
ReadThe Times of India - Business (10 hours ago)
US stocks experienced a downturn on Friday, with major indexes poised for their first weekly loss in four weeks, largely due to a slump in technology shares. Nvidia, Oracle, and Palantir saw significant drops, impacting the broader market. All three major US indexes, the Dow, S&P 500, and Nasdaq are heading for steep weekly losses.
ReadThe Times of India - Business (10 hours ago)
Indian markets are bracing for a tough week as US stock futures dipped, fueled by concerns over economic slowdown and inflated tech valuations. Despite strong corporate earnings, investor sentiment is cooling, with a focus shifting from AI hype to profitability. A mixed economic outlook, exacerbated by the US government shutdown, adds to the...
ReadThe Times of India - Business (10 hours ago)
Indian students in the US face job rejections due to a significant H-1B visa fee hike by the Trump administration, impacting their career prospects. Companies are increasingly hesitant to sponsor, leading to a sharp decline in available positions for international graduates.
ReadThe Times of India - Business (12 hours ago)
Nykaa's parent company, FSN E-Commerce, reported a significant surge in net profit for the September quarter, reaching Rs 34.4 crore. Revenue climbed 25.1% to Rs 2,345.98 crore, fueled by strong performance in its beauty and fashion segments. The company also expanded its retail footprint and saw accelerated customer acquisition.
ReadThe Times of India - Business (12 hours ago)
President Donald Trump has shifted his stance on tariffs. He now acknowledges that Americans are paying more for goods. This comes as the Supreme Court considers the legality of his trade policies. Trump has long argued that foreign nations bore the cost of these tariffs. He warns a ruling against him could be devastating for the country.
ReadThe Times of India - Business (12 hours ago)
A prolonged government shutdown has forced the FAA to cut 10% of flights at 40 major airports, disrupting millions of travelers. Unpaid air traffic controllers and TSA staff face fatigue and staffing shortages, creating a significant safety risk. This political gridlock is impacting holiday travel and the aviation industry's economic stability.
ReadThe Times of India - Business (12 hours ago)
India is poised to become a major force in the global rare-earth market. A recent trade agreement provides a crucial window for New Delhi to boost its processing and manufacturing. With rich mineral reserves and strong political backing, India can establish itself as a vital hub. This development offers a path to diversify supply chains and enhance...
ReadThe Times of India - Business (13 hours ago)
Chief Economic Advisor V Anantha Nageswaran is confident India's FY26 economic growth will surpass 6.8%, driven by increased consumption from GST rate cuts and income tax relief. He anticipates growth exceeding 6.5% and is comfortable projecting above 6.8%, awaiting Q2 numbers for a potential upward revision.
ReadThe Times of India - Business (14 hours ago)
Stock market today: The NSE Nifty declined by 17.40 points, or 0.07 per cent, to 25,492.30. The BSE Sensex fell by 94.73 points, or 0.11 per cent, closing at 83,216.28. During trading hours, it dropped 640.06 points, or 0.76 per cent to 82,670.95.
ReadThe Times of India - Business (14 hours ago)
B9 Beverages founder Ankur Jain is seeking to sell an asset to raise immediate funds for pending employee salaries and provident fund payments. The move has raised concerns among investors who are seeking clarity on the buyer and offer details. The company faces significant financial challenges, including halted production and substantial net...
ReadThe Times of India - Business (15 hours ago)
Aishwarya Rai Bachchan won a Rs 4 crore tax case against the Income Tax Department. The ITAT Mumbai ruled in her favor, stating the Assessing Officer failed to properly justify rejecting her voluntary disallowance of Rs 49 lakh. The tribunal found her calculations reasonable and noted inconsistencies in the department's assessment.
ReadThe Times of India - Business (15 hours ago)
China is introducing a new licensing system for rare earth exports, aiming for a faster and easier process. While this offers longer validity and potentially larger volumes, it does not remove existing restrictions, falling short of US expectations for a full rollback. The new permits are expected before year-end, but obtaining them may remain...
ReadCBC - Business (16 hours ago)
We usually hear two sides to the AI and employment story: star engineers earning enormous salaries, and job loss for many others. But from gig workers paid poorly to annotate data, to people with advanced degrees training specialized AI, it takes a huge labour force to develop AI.
ReadThe Times of India - Business (17 hours ago)
Gold futures surged on Friday, marking their third consecutive session of gains due to weak US economic data. This data has intensified expectations of an imminent interest rate cut by the Federal Reserve, driving investors towards safe-haven assets like bullion. Silver prices also advanced alongside gold.
ReadThe Times of India - Business (18 hours ago)
Lenskart's IPO grey market premium has plummeted by 70% ahead of its listing, raising concerns about substantial listing gains despite strong oversubscription. While the company boasts a robust business model and impressive financial growth, elevated valuations and subdued secondary market conditions are prompting caution among investors and market...
ReadThe Times of India - Business (18 hours ago)
Pine Labs, a leading digital payments firm, has launched its IPO to raise Rs 3,900 crore, with shares priced between Rs 210-221. The company reported strong revenue growth and narrowed losses in FY25. Analysts suggest subscribing for long-term investment, citing its potential in India's expanding digital payments market.
ReadThe Times of India - Business (19 hours ago)
India and China, major buyers of Russian crude, have significantly reduced their oil purchases following new US sanctions on Rosneft and Lukoil. This has widened the price gap between Russian Urals and Brent crude in Asia to a year-high, signaling increasing pressure on Russia's vital oil revenues. Refiners in both nations have halted December...
ReadThe Times of India - Business (19 hours ago)
China's October exports saw a significant 25% drop to the US, contributing to a 1.1% global decline, the weakest since February. This downturn highlights continued reliance on American buyers despite efforts to diversify markets. A recent trade agreement between the US and China may offer a modest boost to exports in the coming quarters.
ReadThe Times of India - Business (19 hours ago)
October saw the highest job cuts in 22 years, with over 153,000 positions eliminated as employers increasingly adopt AI and face economic pressures. This surge, reflecting a cooling labor market, makes it harder for laid-off workers to find new roles, with forecasts suggesting a continued slowdown.
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