US employers could be facing a $82.3 billion bill thanks to US President Donald Trump’s sweeping tariff regime, a new report has revealed. This could be a deep financial toll on American businesses, potentially triggering price hikes, layoffs, hiring freezes or lower profit margins.The report, Exposure to tariffs for midsize firms by metro area, published…
Best-selling author Robert Kiyosaki has once again stirred the investment world, this time with a forecast that silver prices are set to “explode in July.” Taking to social media platform X, the Rich Dad Poor Dad author called silver the “best asymmetric buy” currently available, highlighting its high reward-to-risk ratio.“Silver is the best ‘asymmetric buy’…
Traditional Kolhapuri sandals are seeing a surge in sales and renewed interest after luxury fashion house Prada sparked controversy for showcasing a strikingly similar design without acknowledging its roots.Footwear sellers and artisans are riding a wave of nationalist sentiment and social media buzz, turning what some called the Prada “sandal scandal” into a sales opportunity….
The RBI has announced that interest rates for its floating rate savings bonds for July to December 2025 will remain unchanged at 8.5%. The interest rate is the same as before, from the period of January to June 2025. In a statement dated July 1, 2025, the RBI said, “Accordingly, the coupon rate on FRSB…
Certain aspects of Donald Trump’s financial portfolio, particularly his investments in stocks and cryptocurrency, are publicly accessible. (AI image) What is US PresidentDonald Trump’s net worth? Trump has often called himself a billionaire – but the actual net worth is not easy to assess. The exact value of Trump’s assets remains unclear, primarily because his…
US President Donald Trump announced on Wednesday that he has struck a trade deal with Vietnam. Under the terms of the deal, Vietnam will impose a 20% tariff on all goods exported to the United States which the US will have to pay zero tariffs.“I just made a Trade Deal with Vietnam. Details to follow!”…
Kuwait began enforcing a new electronic exit permit system for expatriate workers in the private sector, in a move that marks a major shift in the country’s labour and travel policies.From July 1, 2025, all foreign employees under Article 18 of the Foreigners’ Residence Law must obtain prior approval from their employer to travel abroad….
This is an AI-generated image, used for representational purposes only. India’s $280 billion IT services industry is set to post a lacklustre first-quarter performance for FY25, with top-tier firms likely to report flat to marginal revenue growth amid prolonged decision cycles and cautious tech spending by global clients, reported ET, citing analysts.Among the top six…
Oracle Corp’s stock soared 4% on Monday to a record $218.63 after a regulatory filing revealed a major cloud computing agreement that could add more than $30 billion in annual revenue beginning fiscal 2028. The deal, which was disclosed ahead of a company-wide meeting, marks a significant milestone in Oracle’s pivot to AI infrastructure and…
As the globe’s third-largest oil importer and consumer, India brings in over 80% of its oil requirements from abroad. (AI image) India is currently evaluating plans to construct three additional strategic oil storage facilities to enhance its emergency reserves and bolster energy security, according to the chief executive of the organisation responsible for strategic reserves.Currently,…
