business

America faces an unprecedented government shutdown, now the longest in history, crippling federal agencies and impacting millions. Essential services like food aid are suspended, and federal workers are unpaid, raising concerns about travel chaos and potential benefit disruptions. A bitter dispute over healthcare funding fuels the political stalemate, with no resolution in sight and growing…

China will extend the suspension of a 24% tariff on American goods for another year, while maintaining a 10% general tariff. This move, effective November 10, follows recent trade talks and a previous agreement between Presidents Xi Jinping and Donald Trump.

Small SUVs are surging in popularity, capturing over 30% of passenger vehicle sales post-tax cuts, as buyers opt for higher variants. While hatchbacks see a dip, industry leaders debate whether the growth is driven by SUV preference or a revival of demand among first-time buyers upgrading from two-wheelers. Maruti Suzuki highlights strong bookings for their…

President Trump declared a Supreme Court case on his tariff authority a “life or death” situation for America’s economic and national security. The hearing will determine if the US remains strong or becomes “virtually defenseless” against global competition, with the White House confident in its legal arguments.

Raising Largest PE Fund In India Amid Global Geopolitical Tumult Shows Investors’ Faith: MD

Commerce and Industry Minister Piyush Goyal is in New Zealand to accelerate Free Trade Agreement negotiations with Trade Minister Todd McClay. The visit underscores a shared commitment to expedite the FTA process and foster a stronger economic partnership. Goyal will also engage with the New Zealand business community to deepen trade and investment cooperation.

India is poised to become the world’s third-largest economy soon, according to Finance Minister Nirmala Sitharaman. She highlighted the nation’s rapid economic transformation, fiscal discipline, and resilience, noting a significant reduction in multidimensional poverty. Sitharaman also expressed confidence in the banking sector’s recovery and the government’s fiscal deficit targets, while defending bank privatization.