The Reserve Bank of Australia (RBA) has cut the cash rate to 3.85%, marking the second reduction this year amid declining inflation, now within the 2-3% target. This decision follows concerns about global economic uncertainty due to US tariffs, despite recent trade negotiation revivals between the US and China. While inflation stabilises, unemployment has slightly increased to 4.
The growth is driven by a strong New Orders Index of 71.7, reflecting high demand and a strong work pipeline, along with an Output/Production Index of 66.7, pointing to business activities gaining momentum, he said.
The H-1B visa, long touted as a critical gateway for Indian IT professionals and tech talent globally, is witnessing a decline in demand.
Board approved an increase in the of the MSME Financing NBFC’s authorised share capital from ₹215 crore to ₹270 crore
GST Council’s prolonged meeting delay hampers tax reforms, compliance simplification, and overall tax ecosystem improvement, raising concerns
The Bench had said that the government is free to help companies if it so chooses to and the Court will not interfere
The Civil Aviation Authority of Bangladesh (CAAB) has granted permission to another private Pakistani airline, Air Sial, to operate direct flights between Dhaka and Karachi.
The diversified conglomerate announced a 38 per cent rise in standalone PAT at ₹30.7 crore in Q4
Investors see the dollar losing more of its lustre as the greenback comes back to earth from lofty valuations.
Britain’s strategy of securing trade deals has risked its relationship with the United States, China and the EU: The three major trade powers that make up two-thirds of Britain’s trade.
Birkenstock’s chief financial officer said last week that a “low-single-digit” price increase globally would be enough to offset the U.S. tariff impact. However, this strategy might spread the tariff-induced inflation worldwide.
Honda Motor is to scale back investment in EVs, and has also dropped a target for EV sales to account for 30% of its sales by 2030.
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