Indian exporter shares fell sharply. Donald Trump's support for a bill proposing 500% tariffs on Indian imports caused panic. This could significantly increase existing tariffs. Textile, apparel, seafood, and drug makers saw their shares drop. Experts advise caution and focusing on domestic companies. Clarity on the tariffs is awaited.
Pleas from the dozens of Hobart residents who asked city officials to table action fell on deaf ears as the city council approved three resolutions including a contribution of $47 million to the city by Jan. 31 allowing Amazon Data Services to proceed with its data center plans at 61st Avenue and Colorado Street.
Online shoppers spent a record $257.8 billion during the holiday season as they snagged major discounts on electronics, sporting goods and appliances, Adobe data show.
Ford Motor Co. says eyes-off and hands-off autonomous driving will be road-ready in 2028, and it'll introduce new artificial intelligence-powered features to its current customers starting this year.
India may introduce incentive packages totaling up to 23,000 crore in the union budget for FY 2026-27 to boost domestic manufacturing of high-value capital goods. Schemes for construction equipment and automotive sectors are nearing finalization, aiming to reduce import reliance and strengthen global value chains.
Market expert Gurmeet Chadha has raised concerns about unverified news spreading on social media. He warns that such information, especially around market expiry days, can lead to chaotic trading and pose risks to the entire financial system. Chadha highlighted recent false reports about Russian oil shipments and Chinese contractors.
