Trump threatens 25% tariffs on Mexico and Canada to raise prices for Americans
US President Donald Trump said in an Oval Office signing ceremony on Monday that his administration will impose 25 percent tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.
India, Belgium to deepen trade and investment ties: Piyush Goyal
Union Minister for Commerce and Industry Piyush Goyal and Bernard Quintin, Belgian Minister of Foreign Affairs, European Affairs and Foreign Trade, held bilateral talks in Brussels to boost trade and investment ties across the spectrum, it was announced on Tuesday. The meeting reinforced
You are India’s global ambassadors in the making: Gautam Adani to students
The Adani Group Chairman, Gautam Adani, on Monday told students that India is now “alive with runways” and that “you are India’s global ambassadors in the making.” Addressing an event at the Adani International School here, Gautam Adani told the students they are
Personal finance insights: Market sentiments, investment strategies & economic trends
By: Dr K C Gupta SENTIMENTS AAII Bull-Bear Spread -2.7% (below average)$NYA50R, NYSE %Above 50-dMA 27.40% (oversold)$SPXA50R, SP500 %Above 50-dMA 17.20% (oversold)Delta MSI 33.2% (negative)ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.41%, Hybrids 4.27%, Bonds 17.40%, M-Mkt 16.92% INTEREST RATESCME FedWatchCycle peak 5.25-5.50%Current
Success of ‘Startup India’ means that today’s India is dynamic, future-ready: PM Modi
The success of the ‘Startup India’ initiative reflects that today’s India is dynamic, confident, and future-ready, said Prime Minister Narendra Modi on Thursday. He reaffirmed the government’s commitment to fostering an entrepreneurial ecosystem that nurtures dreams and contributes to the vision of ‘Aatmanirbhar
South Korea to start joint project with ASEAN for digital innovation
The science ministry here said on Thursday it will begin a five-year joint project with the Association of Southeast Asian Nations (ASEAN) worth $30 million this year to foster digital innovation in the ASEAN region. The Ministry of Science and ICT said it
Health Savings Account – HSA
By: Dr K C Gupta HEALTH SAVINGS ACCOUNTs (HSAs, 12/2003- ) are interesting alternatives to conventional employer group insurance. They have triple+ benefits: (1) Contributions are pre-tax or tax- deductible (itemized Schedule A not necessary); (2) account assets grow tax-free; (3) qualified withdrawals
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset
The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as central banks around the world continued their buying spree, with a collective purchase of 53 tonnes of the precious metal during the month, according to the latest
Personal finance insights: Market sentiments, investment strategies & economic trends
Dr K C Gupta, YBB Personal Finance SENTIMENTS AAII Bull-Bear Spread +3.7% (below average)$NYA50R, NYSE %Above 50-dMA 29.06% (oversold)$SPXA50R, SP500 %Above 50-dMA 27.00% (oversold)Delta MSI 34.6% (negative) ICI Fund Allocations (Cumulative)OEFs & ETFs: Stocks 61.41%, Hybrids 4.27%, Bonds 17.40%, M-Mkt 16.92% INTEREST RATES
Space economy to grow nearly 5 times to $44 billion in next decade: Minister
The Indian space economy is set to grow nearly 5 times from $8.4 billion to around $44 billion in the next decade, Union Minister of State for Science and Technology, Dr Jitendra Singh, has stressed. Investments in the sector reached Rs 1,000 crore
CES 2025: AI-powered tech to dominate world’s biggest electronics trade show
South Korean companies are set to showcase their advanced artificial intelligence (AI) technologies at CES 2025, the world’s largest consumer electronics and IT trade show, scheduled to open in Las Vegas next week. Major home appliance companies like Samsung Electronics Co. and LG
Portfolio Income & Withdrawals
Dr K C Gupta, YBB Personal FinancePORTFOLIO INCOME is important for many investors & retirees now that old defined-benefit (DB) pensions have almost disappeared. Portfolio WITHDRAWALS (decumulations) need to cover only the income-gap that is the difference between basic expenses & income from
US lawmaker expresses concerns over MBK’s takeover bid for Korea Zinc
A member of the United States Congress has voiced concerns over the takeover bid by private equity firm MBK Partners Ltd for Korea Zinc, in collaboration with its largest shareholder, Young Poong Corp, citing issues related to critical minerals’ supply chains, according to
PM Modi holds brainstorming session with economists ahead of Budget
In preparation for the upcoming Union Budget for 2025-26, Prime Minister Narendra Modi on Monday held a meeting with leading economists and sectoral experts to gather insights and suggestions. The discussion focused on key strategies to strengthen India’s economic growth and ensure long-term
Consumer sentiment in South Korea falls by most in over 4 years in December
South Korea’s consumer sentiment fell by the largest margin since the Covid-19 pandemic in December, as political turmoil sparked by President Yoon Suk Yeol’s shocking martial law declaration added another layer of uncertainty to the economy, a central bank poll showed on Tuesday.
Shinsegae chairman had ’10-15 minute talk’ with US President-elect Trump
Chung Yong-jin, chairman of South Korean retail conglomerate Shinsegae Group, said he had a brief talk with US President-elect Donald Trump during his visit to Trump’s Florida resort but declined to provide any other details. “I had a meal together with President-elect Trump,
US, South Korea conducting joint research to block North Korean crypto heists
South Korea and the United States are conducting joint research to strengthen protection against cryptocurrency heist attempts amid growing concerns of such attacks by North Korea-linked hackers, officials said on Sunday. Based on a recently signed technical annex between the South Korean government
Google ‘strongly disagrees’ with US DoJ’s lawsuit, files remedies proposal
Criticizing the US Department of Justice (DoJ) lawsuit and its “overbroad proposal,” Google on Monday said that before it appeals in court, the company has filed its own remedies proposal based on the actual findings in the court’s decision. Stressing that the company
US finalises $4.7 billion in CHIPS Act subsidy to Samsung
The US Commerce Department has awarded Samsung Electronics up to $4.745 billion in direct funding to support the South Korean tech giant’s chipmaking investment in central Texas, as it strives to strengthen domestic semiconductor production. The announcement came after the department announced a
Department of Justice case against Adani ‘flimsy, baseless’: Mahesh Jethmalani on US attorney’s resignation
The US Department of Justice’s (DoJ) indictment of Adani Group officials in an alleged bribery case is “extremely flimsy,” senior advocate Mahesh Jethmalani said on Friday, as Breon Peace, the US Attorney behind the case, announced his resignation. According to reports, Brooklyn US