business

President Trump’s pledge of a $2,000 tariff rebate for Americans faces significant hurdles. Experts doubt its feasibility, citing potential costs exceeding projected tariff revenue and the need for Congressional approval. Concerns also arise about worsening inflation and legal challenges to the tariffs themselves, making the payout unlikely without an economic emergency.

Applying for too many credit cards at once can harm your credit score. The 2-3-4 rule suggests limiting applications to two within 30 days, three in a year, and four in two years. This approach helps manage spending, avoid fees, and build a stronger credit profile over time.

Infosys shares surged following the announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The program, opening November 20, aims to repurchase 10 crore shares at Rs 1,800 each. This move, designed to return surplus funds to shareholders, saw the IT giant’s market value climb significantly. The offer includes a reserved segment for…

Gold investors are now leasing their bullion to earn interest, a significant shift from traditional vault storage. Wealthy individuals and family offices are finding comfort in this practice, with leasing volumes surging. Jewelers and fabricators benefit by securing metal for production while mitigating price risks. However, potential borrowers must be cautious due to counterparty risks,…

Gold prices experienced a notable recovery in futures trading, rebounding from their previous slump as investors eagerly positioned themselves ahead of the US Federal Reserve’s forthcoming meeting minutes. This rally, which also impacted silver prices, underscores gold’s renewed allure as a safe-haven amidst looming worries about inflated tech valuations and unpredictable stock market dynamics.

Gold prices experienced a notable recovery in futures trading, rebounding from their previous slump as investors eagerly positioned themselves ahead of the US Federal Reserve’s forthcoming meeting minutes. This rally, which also impacted silver prices, underscores gold’s renewed allure as a safe-haven amidst looming worries about inflated tech valuations and unpredictable stock market dynamics.

Air India seeks access to China’s restricted Xinjiang military airspace to shorten flight paths, a move prompted by Pakistan’s airspace closure impacting operational costs. The airline faces significant financial strain, with fuel expenses soaring and journey times increasing. This strategic appeal aims to improve connectivity to North America and Europe, potentially saving millions weekly.

Creditors of Jaiprakash Associates have chosen Adani Enterprises over Vedanta for its resolution plan, despite Vedanta offering a higher overall bid. Lenders prioritized Adani’s proposal for greater upfront payments, even though its net present value was slightly lower. This decision, while potentially facing legal challenges, reflects the creditors’ commercial judgment in resolving the Rs 55,000…