Edward Johnson 
BIMSTEC can finalise a regional FTA in phases, which would lead to quicker implementation and promote investment, job creation, technology partnerships, and services according to a CII Study on BIMSTEC Economic Cooperation. The CII Study was released in New Delhi last week on the occasion of BIMSTEC Business Summit organised ahead of the group’s Summit … Read more
Calls for higher taxes on the super-rich are gaining traction and even conservative governments are joining in. In Rome, ministers in Giorgia Meloni’s rightwing administration have doubled a “flat tax” on foreign income from €100,000 to €200,000 (about £85,500-£171,000) that a previous government brought in to attract wealthy investors. Italy’s low tax on foreigners and … Read more
WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items … Read more
The Indian rupee slipped to its weakest closing level on Monday, pressured by a decline in its Asian peers while likely intervention by the Reserve Bank of India ensured the currency did not weaken more. The rupee closed at 83.9725 against the U.S. dollar, after closing at 83.9550 in the previous session. The currency hovered … Read more
WIRED: This year, Tether has moved to diversify its business model with a push into venture capital. Tell me about the rationale. Ardoino: Tether has become extremely profitable in the last two years thanks to the increase in interest rates. When Tether started, you could make 0.2 percent on the reserve, but today you can … Read more
The “For the Birds” ad campaign for DirecTV emphasizes customers don’t need a satellite dish anymore for service. The pigeons are voiced by former NFL star Deion Sanders, and actors Steve Buscemi and Henry Winkler. Courtesy: DirecTV Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The company best known for … Read more
WASHINGTON (AP) — In the name of consumer protection, a slew of U.S. federal agencies are working to make it easier for Americans to click the unsubscribe button for unwanted memberships and recurring payment services. A broad new government initiative, dubbed “Time Is Money,” includes a rollout of new regulations and the promise of more … Read more
The initial public offer (IPO) of Saraswati Saree Depot, which opened for subscription earlier today, sailed through within hours of opening. The subscription for the IPO, which closes on August 14, stood at 2.46 times so far on Day 1. The issue was fully subscribed in all the categories, but retail and non-institutional investors led … Read more
Jim Bunce thought he was doing the right thing for his purse and the planet: in 2022, as fuel costs soared, he and his wife decided to improve the energy efficiency of their house. They discovered that the government had endorsed spray-foam insulation, a quick and unobtrusive technique by which liquid foam is spray-gunned into roof … Read more
“One day we see a gap up and another day we see a gap down. So, market is directionless and choppy. So, in such kind of a market, fmcg space and pharma space is doing pretty well, so I like that space,” says Aditya Arora, Adlytick.This has been a very difficult last one, one-and-a-half month. … Read more
