UK to extend tariffs on steel imports for two years

Britain will extend a package of quotas and tariffs on foreign steel imports by two years in an effort to protect domestic steelmakers, trade secretary Anne-Marie Trevelyan has announced. Trevelyan admitted that the move would risk a legal challenge at the World Trade Organization, which oversees global trade, but said it was essential to protect … Read more

Disney board renews chief executive Bob Chapek’s contract for three years

Walt Disney’s board voted unanimously to extend Bob Chapek’s contract as chief executive for three years, calling him the “right leader at the right time” for the company. The board’s move ends months of speculation about whether Chapek’s contract would be renewed. He has faced tough criticism this year from Disney’s LGBTQ employees and Republican … Read more

Opposition-ruled states demand continuation of GST compensation for 5 years

States ruled by Opposition parties have demanded that either the revenue sharing formula under the GST regime should be changed or the compensation period should be extended by five years, amid concerns over revenue losses. The Goods and Services Tax (GST) was introduced on July 1, 2017, and states … Read more

Year’s Communications losers lead week’s rebound: Roblox, Twilio, Roku gain (NYSE:RBLX)

sefa ozel/E+ via Getty Images Communications stocks this week pulled a turnaround from a couple of weeks in the doldrums – and after last week, when only a few large-cap stocks in the sector even managed a gain for the week, the situation is now reversed. Only one big-name Communications stock declined for the past … Read more

7 years of Pradhan Mantri Awas Yojana: What is it and how to avail subsidy?

The Pradhan Mantri Awas Yojana (PMAY) is a flagship scheme of the central government to boost home ownership in the country. It was launched by Prime Minister Narendra Modi in June 2015 with the mission of achieving ‘Housing for All’ by 2022. It is implemented by the Ministry of Housing and … Read more

India aims to keep FY23 fiscal deficit at last year’s level: Report

India’s government won’t be able to cut its budget deficit in the current fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year’s level to prevent a major deterioration in public finances. Efforts to maintain some fiscal discipline reflect New Delhi’s concern … Read more

Yellowstone Flooding Rebuild Could Take Years, Cost Billions

Created in 1872 as the United States was recovering from the Civil War, Yellowstone was the first of the national parks that came to be referred to as America’s best idea. Now, the home to gushing geysers, thundering waterfalls and some of the country’s most plentiful and diverse wildlife is facing its biggest challenge in … Read more