Finance

India’s formal job sector is booming, with projections indicating a record-breaking 14.5 million net additions in fiscal year 2024-25, surpassing previous highs. While new EPFO registrations have dipped, possibly due to lack of incentives, increased formalization driven by wage digitization is fueling job growth. Government initiatives like employment-linked incentives are expected to further boost establishment … Read more

Samsung is seeking a one-year extension to India’s production-linked incentive (PLI) scheme for smartphones after missing targets in the second year. The company aims to secure incentives for a full five years, potentially receiving ₹3,200 crore for its participation.

India may soon be the first nation to strike a bilateral trade deal with the US under President Trump’s reciprocal tariff policy, according to US Treasury Secretary Scott Bessent. Negotiations are reportedly near a breakthrough, facilitated by India’s relatively low tariffs and minimal trade barriers.

Elon Musk’s 2 Trillion Budget Cutting Promise Falls Short DOGE Reports Only 150 Billion in Savings During the 2024 presidential campaign, Elon Musk made a bold pledge while supporting Donald Trump, claiming he could eliminate 2 trillion in wasteful federal spending. After Trump won the election,he appointed Musk tol ead the newly created Department of Government Efficiency(DOGE) … Read more

There were some heroic efforts overnight from Donald Trump and those around him to suggest the past seven days were something other than absolute chaos. A New Era of Protectionism The U.S. has erected its most significant tariff wall since the 1930s, imposing a universal 10% duty on imports—regardless of whether trading partners like the … Read more