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Fuel duty cuts strain budget outlook – DBS

DBS Group Research’s Radhika Rao highlights India’s fiscal response to elevated global energy prices and Rupee weakness. The government has cut central excise duty on petrol and diesel to support state-owned oil marketing companies and delay pump price hikes, but this implies significant revenue loss. Persistently high energy costs and…

Silver holds near  as Iran hopes, weak US Dollar offset flows

Silver (XAG/USD) trades around $75.00 on Wednesday, edging slightly lower at the time of writing, as the precious metal pauses after a strong three-day recovery. The white metal remains close to recent highs, although the bullish momentum appears to be slowing as investors reassess geopolitical developments in the Middle East.Market sentiment improved after US President Donald Trump suggested that the conflict involving Iran could end relatively soon. Earlier this week, Trump stated that the United…

Finance news

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Inside the push to make every employee an AI master

Companies have spent billions to crack AI. Getting employees to use it is vital to seeing those investments pay off. Enter: Ramped up goals and performance reviews. Loading audio narration… In recent weeks, Business Insider has exclusively reported on the carrots and sticks companies from Big Tech to Wall Street…

Business

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IRS says more than 4 million children have enrolled in Trump Accounts

More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…

Markets

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Iran threatens US-owned companies, including Meta and JP Morgan

Iran’s Islamic Revolutionary Guard Corps on Tuesday threatened US-owned companies with a presence in the Middle East, including Meta, Tesla, and Boeing. Loading audio narration… The statement, which was published by the IRGC-linked Tasnim News Agency, warned that the 18 companies listed could be targeted as early as 8 p.m.…

Investing

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