The US has hinted at removing the additional 25% tariff on India after New Delhi sharply cut Russian oil imports. Treasury Secretary Scott Bessent said Indias purchases have collapsed, calling the tariffs a success. Imports fell about 30% year-on-year in early January. India maintains its strategic autonomy even as Washington weighs tougher trade measures.
India and the European Union are nearing a free trade agreement that could slash import duties on automobiles, including electric vehicles, to 10-15%. This move is anticipated to boost European luxury EV sales in India and position the country as a competitive manufacturing hub for these vehicles.
Winter weather can upend even the best-laid travel plans, but one less thing to worry about is losing money if your flight is canceled: U.S. airlines are required to provide refunds.
President Donald Trump on Saturday threatened to impose a 100% tariff on goods imported from Canada if Americas northern neighbor went ahead with its China trade deal.
Two Gary projects, including the demolition of an elementary school thats been closed for 17 years, were included in U.S. Rep. Frank Mrvans Transportation and Housing Community Project Funding requests approved Thursday by the U.S. House.
Mala Gaonkar's SurgoCap Partners experienced a rapid ascent, tripling its assets to $6 billion within three years of its 2023 launch. This marked one of the fastest-growing debuts in hedge fund history, with Gaonkar leveraging data science to invest across various sectors. She emphasizes a small, collaborative team size for idea generation, drawing parallels to Jeff Bezos's "two-pizza-box" team concept.
