Business

[ad_1] AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration’s trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment…

[ad_1] Berkshire Hathaway AGM 2025 (Pic credit- AP) Legendary investor Warren Buffett cautioned against weaponizing trade policies, criticizing former President Donald Trump‘s tariff strategy, as he addressed thousands of Berkshire Hathaway shareholders at the company’s much-anticipated annual meeting on Saturday.“It’s a big mistake in my view when you have 7.5 billion people who don’t like…

[ad_1] Warren Buffett’s Berkshire Hathaway reported significantly lower profits Saturday morning, posting just over one-third of last year’s earnings—moments before thousands of shareholders poured into an Omaha arena to hear from the legendary investor himself.The drop in profits was largely due to a steep decline in the value of Berkshire’s investments and $860 million in…

[ad_1] Sajjan Jindal-led JSW Steel may face challenges in meeting its expansion target and maintaining revenue guidance after the Supreme Court judgement that rejected its resolution plan for Bhushan Steel and Power Ltd (BPSL), say analysts.The company may also see a production cut of around 10 per cent besides rejig in capital expenditure plans in…

[ad_1] Kotak records 14 percent PAT decline in Q4 Kotak Mahindra Bank on Saturday reported a 14 per cent year-on-year decline in standalone net profit for the March quarter of FY25, posting Rs 3,552 crore compared to Rs 4,133 crore in the same period last year. For the full financial year ended March 31, 2025,…

[ad_1] This is an AI-generated image, used for representational purposes only. US travel sector faces major slowdown as Donald Trump’s tariff policies hit tourism, consumer sentimentThe US economy may lose tens of billions of dollars in 2025 as weakening travel demand, driven by declining international tourism and softer domestic spending, casts a shadow over the…

[ad_1] As trade tensions between the US and China continue, global automakers are likely to seek alternative suppliers, potentially benefiting Indian auto component manufacturers, according to a report by Nomura, cited by news agency ANI. The report notes that rising tariffs on Chinese imports are expected to raise vehicle prices in the US, which may…

[ad_1] Temu, the Chinese e-commerce giant, has stopped shipping products directly from China to US customers. Instead, all orders will now be fulfilled from warehouses within the United States, a company spokesperson confirmed Friday.The move comes following the closure of a provision that previously permitted Chinese-made products valued up to $800 to enter the United…

[ad_1] Representative image (Picture credit: ANI) NEW DELHI: The Indian rupee is expected to strengthen against the US dollar in the near term, driven by a combination of improving domestic fundamentals and a supportive global environment, according to a recent report by Bank of Baroda. The report, as per ANI, projects the rupee to trade…

[ad_1] Oyo Hotels is delaying its plans for an Oct IPO after opposition from SoftBank and a tumultuous turn in the stock market this year. SoftBank has balked at the proposed timing and pressed Oyo to hold off on an IPO until its earnings are stronger, according to people familiar with the matter.This is Oyo’s…