Business Archives - Page 106 of 120 - MediaCatalyst : News - Opinion

05 Sep

Congress cautiously welcomes GST reforms: ‘8 years too late… effect on pvt investment remains to be seen’

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Congress cautiously welcomes GST reforms: ‘8 years too late… effect on pvt investment remains to be seen’ The Congress cautiously welcomed the GST reforms announced Wednesday but pointed out that the step came “eight years too late” The reforms pave the way for a broad two-slab structure of five per cent and 18 per cent, with a demerit rate of 40 per cent . Read full story: Source

05 Sep

Eid-e-Milad 2025 Share Market Holiday: Are NSE and BSE open or closed today, September 5?

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Eid-e-Milad 2025 Share Market Holiday: Are NSE and BSE open or closed today, September 5? Eid Milad-un-Nabi is a significant Islamic holiday that commemorates the birth anniversary of the Islamic Prophet Muhammad . The Prophet also passed away on that same day, and Muslims worldwide observe the day by reflecting on the Prophet’s teachings and life . Read full story: Source

05 Sep

GST reforms foster business-friendly environment, say trade bodies

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GST reforms foster business-friendly environment, say trade bodies Confederation of Indian Industry - Andhra Pradesh (CII - AP) Chairman Murali Krishna Gannamani praised Union Finance Minister Nirmala Sitharaman for ushering in the next-generation GST reforms . Read full story: Source

05 Sep

Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says

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Labor market growth slows dramatically in August with U.S. adding just 54,000 jobs, ADP says Private-sector hiring in the U.S. shrank by 54,000 in August, according to data from processing firm ADP . That's below the consensus forecast of 75,000 from economists polled by Dow Jones . Trade, transportation and utilities lost 17,000 jobs on net in August . The leisure and hospitality industry added 50,000 new jobs in the month . Read full story: Source

05 Sep

Musk will not attend Trump tech CEO dinner at White House

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Musk will not attend Trump tech CEO dinner at White House President Donald Trump will host two dozen high-profile tech and business leaders for an inaugural event in the White House's renovated Rose Garden on Thursday . Invitees include Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft founder Bill Gates and OpenAI founder Sam Altman . Elon Musk, who previously served as a special government employee, posted on X that he was invited but could not attend . Read full story: Source

05 Sep

New York AG appeals reversal of Trump’s $500 million fraud penalty

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New York AG appeals reversal of Trump's $500 million fraud penalty Trump was ordered to pay $354.9 million and barred from doing business in New York State for three years . New York Attorney General Letitia James appealed a court's decision to toss out a $500 million penalty on Trump and his company in connection with business fraud . Read full story: Source

05 Sep

Friday’s jobs report could confirm a slowing labor market. But will stocks care?

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Friday's jobs report could confirm a slowing labor market. But will stocks care? The August jobs report on Friday is expected to confirm the labor market is weakening . Economists polled by Dow Jones are forecasting the U.S. economy added 75,000 jobs last month . The unemployment rate is also projected to tick higher, to 4.3% from 4.2%. Read full story: Source

05 Sep

Asia-Pacific markets mostly higher after Trump formalizes lower Japanese auto tariffs

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Asia-Pacific markets mostly higher after Trump formalizes lower Japanese auto tariffs Japan's Nikkei 225 jumped 1.39% and the Topix added 0.86% after July household spending rose 1.4% year over year . South Korea's Kospi climbed 0.26%, while the Kosdaq jumped 0.35% . Malaysia and Indonesia markets were closed for a holiday . Read full story: Source

05 Sep

Prosecutors launch probe into Argentina couple over Nazi-looted painting

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Prosecutors launch probe into Argentina couple over Nazi-looted painting The painting, Portrait of a Lady by Giuseppe Ghislandi, had disappeared from the collection of a Jewish art dealer during World War II . He is believed to have looted from the collections of Jewish families and businesses . Read full story: Source

05 Sep

Indonesia in chaos: Five Indonesians give views on why and how to fix it

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Indonesia in chaos: Five Indonesians give views on why and how to fix it A cost-of living crisis and a government apparently impervious to the struggles of everyday people has ignited public rage. Demonstrations have gripped Indonesia since late August when anger at a faltering economy erupted into full-blown violence following reports that politicians received a $3,000 housing allowance on top of their salaries – a perk equal to between 10 and 20 times Indonesia’s monthly minimum wage. It was not the first time that Indonesians have taken to the streets this year. In February and March, students turned out…