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President Donald Trump says that tariffs will make the U.S. "rich." But those riches will likely be far less than the White House expects, economists said.

Donald Trump has reiterated that Wednesday will be «Liberation Day» — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods. The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes. But an undeterred Trump is inviting CEOs to the White House to say they are investing hundreds of billions of dollars in new projects to avoid the import taxes. It is also possible that the tariffs are short-lived if Trump feels he can cut a deal after imposing them. What exactly does Trump plan to do? He wants to announce import taxes, including 'reciprocal' tariffs that would match the rates charged by other countries and account for other subsidies. Trump has talked about taxing the European Union, South Korea, Brazil and India, among other countries.

Jagadeesh Mohan, a former Phonepe executive, is working on a new business, one that revolves around overdraft (OD) home loans similar to SBI Maxgain. These are home loans that allow you to park surplus funds into the loan account at any point. The bank then charges you interest on the outstanding amount minus the surplus you have parked.

Subscribe to enjoy similar stories. It is unreasonable to expect developing countries to commit to costly climate mitigation strategies when the only reason developed nations are where they are is that they used cheap polluting technologies to get there. Having said that, global warming is real, and unless all countries commit to a more climate-friendly approach, we will have no hope of fighting it.

banking liquidity turned to surplus for the first time in more than three months as aggressive fund injections by the central bank helped erase one of the worst-ever cash crunches in the financial system. The surplus, measured through banks deploying excess funds with the Reserve Bank of India, was at 717 billion rupees ($8.4 billion) as of March 29, the first such reading since Dec. 15, according to the latest central bank data. The value increased further to 894 billion rupees on March 30. Analysts have said that abundant liquidity with banks is key for transmission of lower borrowing costs. The central bank reduced interest rates for the first time in almost five years in February, and is widely expected to cut again at its April 9 policy review.

Vedanta Group and India's largest private oil and gas exploration and production company, has entered into an agreement to hire a high performance 2000 horsepower drilling rig from Parker Wellbore, recently acquired by Nabors Industries — a global technology provider. The pact will help expand the company's oil and gas exploration and production operations in India, the firm said in a statement. Cairn «will deploy this state-of-the-art rig in Barmer, Rajasthan — the company's largest onshore producing asset in India, this month,» it said. «This deployment aligns with Cairn's ongoing efforts to increase production and support its exploration initiatives in the region.» Recently at CERAWeek 2025, Vedanta chairman Anil Agarwal shared the company's plan for India's energy sector growth. The company will be investing in brownfield projects to add 5 billion barrels of oil equivalent reserves, and produce 500,000 barrels per day at a cost of USD 5 per barrel, the statement said without giving timelines.

European Union has a «strong plan» to retaliate against tariffs imposed, and set to be imposed, by U.S. President Donald Trump, although it would prefer to negotiate a solution, EU executive chief Ursula von der Leyen said on Tuesday. The Trump administration put in place tariffs on imported steel and aluminium in March and higher duties on cars will take effect on Thursday. Trump will also set out plans for «reciprocal tariffs» on Wednesday. Von der Leyen said she understood U.S. arguments that others had taken advantage of global trade rules, adding the EU had suffered too. She also said she understood the U.S. wanted to re-industrialise, as does the EU. However, she said U.S. tariffs were taxes on its consumers that would fuel inflation and make American factories pay more for components, costing jobs. «Our objective is a negotiated solution. But of course, if need be, we will protect our interests, our people, and our companies,» von der Leyen said in a speech to the European Parliament in Strasbourg.

He then went on to describe how each hotel is associated with a union and they charge tourists a bomb. He then reveals how one such cab driver had demanded Rs 1,600 to travel 10 km. “It would cost me Rs 3,500 to go to and from a restaurant just 10km away. Unbelievable!” he ranted.

He pleaded with consumers to be mindful of food wastage, stressing that only farmers truly understand the toil involved in growing food. The user, who hailed from a family of farmers, recounted how his great-grandparents, grandparents, and father had all been dedicated to agriculture. His father, instead of investing in commercial real estate in the city, chose to put his savings into agricultural land in their village, determined to carry forward the family’s farming tradition.

Subscribe to enjoy similar stories. No matter how high the inflation is, their demand is inelastic. No matter how slow the current profit growth is, these companies spend on research and development (R&D) for future growth.

Subscribe to enjoy similar stories. JSW Steel Ltd is poised to improve its near-term profitability from the lows of the December quarter (Q3FY25), aided by multiple factors such as improved realisation thanks to the proposed safeguard duty by the directorate general of trade remedies (DGTR), lower raw material costs, and higher volumes amid robust domestic demand.

Subscribe to enjoy similar stories. Cera Sanitaryware Ltd is optimistic about sustaining its growth outperformance despite near-term headwinds in retail demand. The company is banking on project sales and luxury branding as key levers to drive expansion.

LPG prices are revised regularly, influenced by fluctuations in global crude oil rates and other economic factors. While commercial LPG rates have seen frequent adjustments, domestic LPG prices—used for household cooking—remain unchanged in this revision, providing stability for residential consumers.

Private placement of corporate bonds, for the record, scaled a new peak in FY25. By contrast, in the public market dominated by NBFCs, fundraising plunged 60% year-on-year. Companies raised ₹10.7 lakh crore (until March 27) through private placement of corporate bonds, compared with ₹10.2 lakh crore a year ago, data compiled by primedatabase.com showed. But public issuances retreated over 60% to ₹8,200 crore. India's private placement bond market is dominated by financial institutions, such as banks, NBFCs and public sector entities.

Subscribe to enjoy similar stories. The Indian cement sector is navigating a transformative period in 2025, characterized by structural cost improvements, price stabilization, and strategic consolidation. We remain optimistic about the industry and project a robust recovery in demand and profitability going ahead.

10-year benchmark government securities are expected to ease 25 to 30 basis points to 6.25% to 6.30% in FY 26, building on last fiscal year's rather steep decline, amid expectations of further reductions in the policy repo rates and strong demand for bonds, experts said. Rates on home loans will likely ease, after being at a peak for three years. The 10-year benchmark yield closed at 6.57% on Friday, the last trading day of FY25. Over this financial year, the 10-year yield softened 47 basis points, its steepest retreat in five years, according to LSEG data.

Subscribe to enjoy similar stories. New Delhi: India's electric vehicle (EV) battery makers could face collateral damage from the Trump tariffs, as foreign manufacturers unload cheap batteries here just as the local companies were ramping up production. India’s fast-growing EV market could absorb the diverted supply and drive down costs for local automakers, experts said, adding that also spells trouble for companies such as Amara Raja Energy & Mobility Ltd, Exide Industries Ltd, Reliance Industries Ltd and Ola Electric Ltd, which are investing billions to build battery plants.

Subscribe to enjoy similar stories. US President Donald Trump has imposed a stiff 25% tariff on imported cars, trucks and parts that go to make them. The move, ostensibly, is to revive domestic manufacturing.

American dream has felt more and more out of reach for millions of families in the past few decades, as per a report. Higher living expenses, stagnant incomes, and an economy that rewards financial speculation over actual production are impacting the very heart of American society, the middle class, reported Big Easy magazine.

Cleveland Browns’ decision to trade for quarterback Deshaun Watson in 2022 has become a textbook example of how not to manage a franchise. Watson, acquired amid 26 sexual misconduct lawsuits (later settled), arrived with baggage that overshadowed his Pro Bowl past. His tenure began with an 11-game suspension, followed by erratic play and season-ending injuries—including a 2023 shoulder fracture and a torn Achilles in January 2024. Despite ranking among the NFL’s worst starters, the Browns stubbornly kept him on the field, driven by a desperate hope to justify trading three first-round picks and guaranteeing his $230 million contract. At the NFL’s annual spring meetings, owner Jimmy Haslam finally admitted the trade was a mistake—a sentiment fans and analysts had echoed for years. Critics argue the organization prioritized sunk costs over accountability, damaging its reputation while wasting prime seasons. Dee Haslam, Jimmy’s wife and co-owner, pointed to Watson’s injuries as a key factor in his downfall, though many saw this as deflection from deeper organizational flaws.

Mumbai will witness an average 3.39% hike, while the average hike across the state is 3.89%. Municipal corporation areas across the state, except Mumbai, will witness an average increase of 5.95%, while municipal councils and nagar panchayats will see a 4.97% hike. Urban areas will see a 3.29% rise, and rural regions will witness an average increase of 3.36%, the state government said in a statement.