Beijing was on the defensive and unsure how to react when Donald Trump initiated a trade war with China in 2018. Despite losing more, President Xi Jinping is more equipped to battle this time. Trump has threatened to impose up to 60% tariffs on Chinese imports, a figure that Bloomberg Economics claims could severely harm…
On Wednesday, 6 November, Power Grid Corporation, the biggest electric power transmission firm and a Maharatna Central Public Sector Undertaking (CPSU), revealed lower-than-expected results for the second quarter of fiscal year 2025 (Q2 FY25). In comparison to the ₹11,267 crore reported for the same period the previous year, the company’s consolidated revenue for Q2 FY25…
The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles (EVs) and energy-efficient consumer goods. This is a component of the $1 billion debt-raising plan…
After US markets surged to all-time highs as investors braced for a second Donald Trump presidency, Japanese shares led gains in Asian equities. After declining on Wednesday, the yen steadied in early Asian trading. While benchmark indices in South Korea and Australia slightly declined, those in Japan rose for a third day, mirroring the advances…
Trump’s second term as president of the United States has increased equities markets on wagers of beneficial tariffs, deregulation, and lower corporate taxes, raising shares of banks, small-cap companies with a local focus, and Trump Media. After the billionaire supported Trump during his election campaign, he promised to appoint Tesla CEO Elon Musk to lead…
On Wednesday, 6 November, subscriptions for ACME Solar Holdings’ initial public offering (IPO), which aims to raise 2,900 crore, will open. Both a fresh issue and an offer for sale (OFS) are part of this capital offering; the IPO window ends on 8 November. ACME Solar Price Band and Share Listing Timeline The pricing range…
When the Social Security Administration (SSA) announces the cost-of-living adjustment (COLA) that will affect their monthly payments, millions of Americans look forward to it every year. Since inflation gradually reduces purchasing power, this COLA is essential for the more than 70 million Social Security recipients who depend on these benefits for everyday needs. Given the…
Medicare Advantage organisations received $4.2 billion in additional payments in 2024 by doing home visits to senior patients who might not have required them for serious diseases, according to troubling research. The study, which focused on the health risk assessments (HRAs) conducted, was released by the Department of Health and Human Services’ Office of Inspector…
The Social Security Administration recently announced that two SSI checks will be available to Supplemental Security Insurance (SSI) recipients in November. The payment schedule may change from month to month based on the start of each month. The payment schedule for the rest of the year is shown here to help you predict when your…
As the presidential election began, US markets rose and the currency dropped with significant ramifications for future economic policies. Even though the markets appeared to be calm, Wall Street was getting ready for a long night of potentially controversial ballot counting and significant fluctuations regardless of the result. The S&P 500 and Treasuries’ volatility metrics,…