Business

The UK government announced a £1.5 billion loan guarantee for Jaguar Land Rover after a major cyberattack forced the carmaker to suspend production at its UK factories. This support aims to stabilize JLR’s finances, protect skilled jobs, and secure its supply chain, which faced collapse due to delayed payments. Production remains suspended until at least…

The UN has reimposed wide-ranging sanctions on Iran over its nuclear program, triggered by European powers due to Iran’s uranium enrichment and non-compliance. This has led to severe economic hardship, including currency collapse and soaring food prices, while fears of renewed conflict with Israel and the US loom. Diplomacy remains uncertain amid intensifying internal repression.

Dalal Street plunged this week, with over 440 BSE 500 stocks in red, following US President Trump’s H-1B visa fee hike and new medicine tariffs. The BSE 500 dropped 3.3%, led by IT and pharma sector losses. While Coforge and Tech Mahindra saw significant declines, 44 stocks, including Tata Investment Corporation, defied the gloom.

The Trump administration is reportedly planning new tariffs on imported electronics, based on their chip content, to boost US manufacturing. This move could impose a 25% rate on chip value, potentially raising costs for American consumers and worsening inflation. Major chipmakers like TSMC and Samsung might face significant impact, as the policy aims to reshore…

US President Donald Trump publicly demanded Microsoft dismiss Lisa Monaco. He cited national security risks due to her past government roles. Monaco, a former Obama and Biden administration official, now leads Microsoft’s global affairs. Trump linked his demand to legal cases against him. This action aligns with his pattern of targeting political adversaries and influencing…