Fannie, Freddie Stocks Sink on Trump Policy Fears
Fannie Mae and Freddie Mac shares extended losses as Trump's mortgage bond directive and IPO doubts rattled investors, erasing 2025 gains.
Category : Business
Canada-China Trade Deal Marks Foreign Policy Pivot
Canada and China have agreed to reduce trade barriers, including tariffs on canola and electric vehicles, marking a significant warming of relations after years of tension.
Summit Properties Wins $451M NYC Apartment Deal Approval
A U.S. bankruptcy judge approved Summit Properties USA's $451 million purchase of Pinnacle Group apartments, overriding objections from New York City Mayor Zohran Mamdani.
Shivamogga MP Announces Railway Expansion for Malnad Region
Shivamogga MP B Y Raghavendra reveals Union government funding for primary surveys of multiple new railway lines, including Shivamogga-Sringeri, and updates on Koteganguru Terminal progress.
Gujarat Leads India's Startup Ecosystem Ranking
Gujarat has been named the best-performing state in India's startup ecosystem rankings, with Ahmedabad playing a pivotal role in fostering innovation and deep-tech ventures.
Bengaluru Trains Rerouted Due to Station Reconstruction Work
Due to ongoing pit line reconstruction at KSR Bengaluru station, three express trains will have their terminals shifted to other stations in the city from Saturday until March 11, affecting schedules and routes.
India's Young Population to Drive Third-Largest Economy: Deloitte CEO
Romal Shetty, CEO of Deloitte South Asia, highlights India's young median age and strong innovation ecosystem as key strengths for economic growth at TiECon Mangaluru.
Indian Ports See Russian Oil Tankers Drifting With Nowhere To Go
India's imports of Russian crude oil are declining again, causing tankers to pile up at sea with uncertain destinations. Here's why this shift is happening.
Gates Foundation $9B Budget, 500 Layoffs in 2026
Bill & Melinda Gates Foundation reveals record $9 billion budget for 2026 while cutting up to 500 jobs. Focus on polio eradication, AI health tools, and global vaccines.
US-Taiwan Trade Deal: Tariffs Slashed to 15%, $250B Investment
The US under Trump has slashed tariffs on Taiwanese goods to 15%, matching allies like Japan and South Korea. Taiwan commits $250 billion to US sectors including semiconductors and AI.
US Popeyes Franchisee Files for Bankruptcy
Sailormen Inc., operating over 130 Popeyes restaurants in Florida and Georgia, seeks Chapter 11 protection to restructure debt and stabilize operations.
SEBI's SWAGAT FI Eases Compliance for Foreign Investors
SEBI introduces the SWAGAT FI framework to streamline compliance for foreign investors in India, reducing regulatory burdens and boosting market access.
Startup Founders Praise Government Support at National Startup Day
At the National Startup Day event, founders highlighted how strategic government initiatives are fueling innovation and growth in India's startup ecosystem.
RBI Overhauls Foreign Exchange Rules for Trade
The Reserve Bank of India introduces unified foreign exchange regulations for exports and imports, simplifying procedures and enhancing digital monitoring to ease compliance for businesses.
BIS Mark Mandatory for Aluminium Cookware, Beverage Cans
The government has notified a new quality control order requiring BIS certification for aluminium cookware and beverage cans, with phased implementation until 2027.
Wipro Q3 Net Profit Falls 7% to Rs 3,119 Crore
Wipro reports a 7% decline in net profit to Rs 3,119 crore for Q3, with revenue at Rs 22,205 crore. The IT giant faces market headwinds and a slowdown in key sectors.
TiECon Mangaluru 2026 Calls for Stronger Govt-Industry Ties
Former Infosys CFO Mohandas Pai and Karnataka Digital Economy Mission chairman BV Naidu emphasized the need for continuous engagement and startup-like speed from government to boost job creation and investment in emerging tech hubs beyond Bengaluru.
IT Firms Hit by Rs 4,900 Crore Labour Code Costs
Indian IT companies are set to incur a significant financial burden of Rs 4,900 crore due to the implementation of new labour codes, impacting operational costs and profitability.
DoT Targets Feb End for Vodafone Idea AGR Reassessment
The Department of Telecommunications plans to finish reassessing Vodafone Idea's frozen AGR dues of ₹87,695 crore by late February, following Supreme Court rulings and a government relief package.
India Permits Limited Wheat Flour Exports Under DGFT Rules
The Centre permits limited wheat flour exports up to 5 LMT under DGFT authorization, with strict eligibility and monitoring, while maintaining the broader export ban.
Patna's MMLP, Fintech City Projects Still in Early Phase
Development of Patna's multi-modal logistics park and Fintech City has not started yet, with land acquisition ongoing. Officials confirm both projects are in initial phases.
Nitish Kumar Assures Support to Chanpatia Startup Hub Entrepreneurs
Chief Minister Nitish Kumar's visit to Chanpatia startup hub brings hope to entrepreneurs struggling with infrastructure gaps, financial delays, and land transfer issues in West Champaran.
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the patriarch who founded the family steel business, passed away. PM Modi and Minister Goyal expressed condolences, highlighting his industrial legacy and philanthropy.
Arunachal Tops Startup Ranking, Northeast States Excel
Arunachal Pradesh secured the 'Best Performer' title in Category B of the States' Startup Ranking Framework 5.0. Nagaland, Manipur, Meghalaya, Assam, Mizoram, and Tripura also received notable recognition in the latest assessment.
Sebi Approves Auction System for Stock Market Closing Prices
India's market regulator Sebi has approved a new auction-based system for determining closing stock prices, replacing the current VWAP method to enhance transparency and fairness.
Musk-O'Leary War Over Starlink on Ryanair Flights
Elon Musk and Ryanair CEO Michael O'Leary engage in public feud over Starlink installation. Ryanair cites fuel costs, Musk warns of passenger loss.
Arnifi Serves 750+ Clients in Second Year, Aids SMEs
Dubai-based fintech startup Arnifi has successfully onboarded over 750 clients during its second operational year, providing crucial financial solutions to small and medium enterprises.
Mohan Lal Mittal, Father of Lakshmi Mittal, Passes Away
Mohan Lal Mittal, the father of renowned industrialist Lakshmi Mittal, has passed away. The news marks a personal loss for the Mittal family, known globally in the steel industry.
ICRA Sees 4.3% Fiscal Deficit in FY2027, 14% Capex Rise
Rating agency ICRA expects the government to maintain fiscal discipline with a 4.3% deficit target for FY2027 while boosting capital expenditure by 14% to Rs 13.1 lakh crore.
Savings vs. Investment: Expert Explains Key Difference
A financial expert clarifies the crucial distinction between savings and investment, emphasizing how investments yield long-term benefits and wealth growth.
Page 3 of 577