• Fri, January 31, 2025

by: Fortune

'Control of our destiny': UPS braves blowback over Amazon break

UPS stocks plummeted after it slashed business with the world's largest online retailer.

by: MoneySense

When does the capital gains tax inclusion rate increase take effect?

Ottawa defers effective date of capital gains changes to 2026 and promises exemptions for the tax inclusion increase..

by: CNBC

How to apply for a mortgage

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

by: wjla

Empowering Growth: HCEDA CEO Jennifer Jones on business resources in Howard County

Jennifer Jones, CEO, Howard County Economic Development Authority joined Good Morning Washington to talk about the resources available to help businesses.

by: Mint

Budget 2025 expectations LIVE: Income Tax expectations to allocations for key sectors - what India wants from the FM

Several industries and taxpayers are eagerly waiting for the second full-fledged budget of the Narendra Modi-led NDA government, which would be presented by Finance Minister Nirmala Sitharaman on February 1,

by: Reuters

Warner Bros hit with Superman copyright lawsuit ahead of new movie

The estate of one of Superman's co-creators has filed a copyright lawsuit in a U.S. court against Warner Bros. Discovery ahead of the release of its new movie "Superman," part of a planned reboot of the DC Comics superhero film franchise.

by: Bustle

Your February Money Horoscope

Whether you jumped right into action on your 2025 money goals or spent January struggling to stick to a strategy, the astrology of February brings good fortune for your bank account. Some exciting planetary alignments are coming to bring lucky opportunities and motivation boosts, so your money horoscope for February 2025 is major.

by: Forbes

The Mental Health Boom: Why The U.S. Needs 30% More Therapists

The demand for mental health professionals in the U.S. is skyrocketing, surpassing the growth of traditionally high-demand fields like IT, finance, and hospitality.

by: Reuters

Santander names Riley as CEO of Santander US, part of wider reshuffle

Christiana Riley will succeed Tim Wennes as CEO of Santander in the United States, the bank's executive chair, Ana Botin, said on Friday, as Santander undertakes a wider global restructuring.

by: Reuters

UK regulator to ease path for retail investors to buy bonds

Britain's financial watchdog said on Friday it is seeking to simplify corporate bond prospectuses to boost investment opportunities for investors in the UK and reduce costs and barriers for companies raising capital.
  • Sat, February 1, 2025

by: Oneindia

Budget 2025 Time: When And Where To Watch The Live Budget Speech Today

PM Modi expressed hopes for the budget, highlighting India's 2047 vision. FM Nirmala Sitharaman will present the budget today, February 1, at 11 AM. Key focus areas include infrastructure and tax relief.

by: RepublicWorld

Income Tax Slabs 2025-26 Budget 2025 Live Updates: Will Sitharaman Announce Relief For Middle Class?

Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Lok Sabha on Saturday. Union budget 2025-26 is expected to place greater emphasis on the agriculture sector and may introduce tax reforms,

by: IPPMEDIA

Bank affirms to support clean energy transition

by: Indiatimes

Budget 2025: Next year, 10,000 seats will be added in medical colleges and hospitals, announces FM Sitharaman

Union Finance Minister Nirmala Sitharaman announced significant investments in healthcare, with plans to add 10,000 medical seats next year and a tota

by: NDTV

Union Budget 2025: Major Announcements, key Takeaways For Education Sector

The budget focuses on preparing students for evolving job markets, expanding digital access, and strengthening higher education institutions.

by: Forbes

Trump's $10 Trillion Crypto Bet: Stablecoins To Replace Eurodollars?

The modern financial system runs on a form of dollars that most Americans have never heard of Eurodollars. Will they be replaced by stablecoins?

by: Firstpost

New income tax slabs and more: The big Budget 2025 announcements, in graphics

Finance Minister Nirmala Sitharaman tabled the Union Budget for the financial year 2025-2026 in Parliament on Saturday. From a change in income tax slabs to a boost to IIT infrastructure, here are the

by: AOL

Ford CEO Jim Farley on the 'huge business' of Mustang, Bronco, and Raptor performance vehicles

While performance cars and racing get the Ford faithful excited, it's been a growing business for Ford too. We spoke to Ford CEO Jim Farley from Charlotte Motor Speedway, where the Ford Performance team and Farley himself were showing off its enthusiast offerings.

by: cnbctv18

Budget 2025 Live Updates: Social security scheme proposed for gig workers, e-shram registration support

This move aims to connect them to social welfare programs offered by the government. The workers will also receive healthcare benefits under the PM Jan Arogya Yojana.

by: Reuters

Musk's team given access to U.S. government payment system, New York Times says

Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.

by: MSN

Mexico's president orders retaliatory tariffs on the U.S. after Trump starts trade war

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.

by: Mint

Union Budget 2025 Highlights: From income tax bonanza to consumption boost, FM's roadmap for Viksit Bharat

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable up to ₹12 lakh income. The Union Budget also focused on boosting credit for

by: Reuters

Trump fires consumer bureau director Chopra, source says

Rohit Chopra announced early Saturday he was stepping down as head of the top U.S. watchdog agency for consumer finance after President Donald Trump fired him overnight, according a letter Chopra posted online and a person familiar with the situation.

by: MSN

UK India Business Council welcomes Union Budget's focus on regulatory reforms, fiscal consolidation

The UK India Business Council (UKIBC) on Saturday congratulated Finance Minister Nirmala Sitharaman and the Government of India on the presentation of India's Union Budget 2025-26. It said that it was encouraged with the Budget's clear focus on economic growth,

by: cnbctv18

Budget 2025: High-level panel to review non-financial sector regulations, Says FM

Sitharaman also urged state governments to participate in this effort to create a more business-friendly environment.

by: Mint

Budget 2025 | Tax clarity for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: Firstpost

What are the new income tax slabs introduced in Union Budget 2025? How much will you save now?

Finance Minister Nirmala Sitharaman has announced changes to the income tax slabs in the new regime. As per the changes, there is no tax on income up to Rs 12 lakh. This rejig is expected to boost disposable income,

by: NDTV

'B' In Budget Stands For Bihar: Memes Take Over Social Media

The Union government has announced several big-ticket plans for Bihar in the budget, delighting the business community and citizens and sparking a meme fest on social media.

by: Mint

Budget 2025 | Tax relief for AIFs as income will now be treated as capital gains

The amendment is significant given that, according to data from the Sebi, more than 1,400 AIFs in the country had raised a cumulative ₹5 trillion as of September 2024.

by: cnbctv18

Income Tax Slabs 2025 LIVE Updates: India Inc welcomes the new income tax bill, relaxation in TCS, TDS regulations

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax rate cuts to an overhaul of the system, aimed at boosting consumption, simplifying taxation,

by: MSN

Trump's tariffs on Mexico, Canada and China spark fears of a trade war

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.

by: Firstpost

Big tax relief for middle class, push for agriculture, MSMEs: Takeaways of Union Budget 2025-2026

Nirmala Sitharaman made a slew of huge announcements during the 2025-2026 Union Budget speech - perhaps none bigger than that there would be no tax on income up to Rs 12 lakh under the new regime. But what other schemes did the finance minister unveil?

by: NDTV

Finance Minister Unveils 6 New Schemes, Raises Kisan Credit Card Limit

Finance Minister Nirmala Sitharaman on Saturday announced six new schemes and increased the subsidised Kisan Credit Card (KCC) loan limit to Rs 7 lakh from Rs 5 lakh.

by: Reuters

INDIA BUDGET India to set up $3-bln maritime development fund for shipping industry

India will set up a 250-billion-rupee ($2.9-billion) maritime development fund for the long-term financing of the country's shipbuilding and repair industry, Finance Minister Nirmala Sitharaman said on Saturday.

by: MSN

Union Budget 2025: Finance minister Nirmala Sitharaman announces Nuclear Energy Mission with expenditure of Rs 20,000 crore

Finance minister Nirmala Sitharaman announced a Nuclear Energy Mission with a Rs 20,000 crore allocation for small modular reactors and 10,000 technology research fellowships at IITs and IISc over five years.

by: Reuters

Budget 2025 Highlights

India will focus on boosting the spending power of its middle class population, encouraging inclusive development and private investment to strengthen growth, Finance Minister Nirmala Sitharaman said on Saturday,

by: NDTV

Nirmala Sitharaman's Budget Speech Was 77 Minutes Long. How It Compares To Her Previous Speeches

Nirmala Sitharaman's budget speech, which came with a big bonanza for taxpayers, lasted for an hour and 17 minutes, shorter than the previous year's speech spanning 1 hour and 25 minutes.

by: Firstpost

Union Budget 2025: Big income tax relief, push to Make in India and other highlights

India's economic trajectory remains robust as Finance Minister Nirmala Sitharaman presented the Union Budget 2025 on Saturday. She emphasised on strong GDP growth, moderated inflation, and buoyant investment activity despite global uncertainties.

by: MSN

Union Budget 2025: Tax reforms announced by finance minister Nirmala Sitharaman; key points

Finance minister Nirmala Sitharaman announced a new tax regime and significant reforms to ease compliance for the middle class and senior citizens. Key highlights include a nil tax slab up to Rs 12 lakh,

by: NDTV

Budget 2025: Centre Announces Big Reforms For Ease Of Doing Business

Finance Minister Nirmala Sitharaman presented her eighth consecutive Union Budget, announcing reforms for the ease of doing business, MSMEs, and startups.

by: Reuters

India's benchmarks hold gains as finance minister starts budget speech

Indian shares held on to their early gains in a special session for the union budget on Saturday, with investors watching for consumption-boosting measures amid an economic slowdown due to high inflation and anemic wage growth.

by: MSN

Budget 2025: FM Nirmala Sitharaman educational qualification - Impressive journey from academics to politics

Nirmala Sitharaman earned her Master's in Economics, MPhil from Jawaharlal Nehru University and did her Bachelor's in Economics from Seethalakshmi Ramaswamy College, Tiruchirapalli

by: Reuters

French PM Bayrou's budget bill moves ahead as lawmakers strike deal on text

A panel of French lawmakers on Friday agreed on the final text of a much-delayed 2025 budget proposal, paving the way for the lower house passage of a bill that is key to restoring investor confidence and ensuring the government's survival.

by: MSN

Budget a pivotal opportunity to strengthen India's business and enterprise, say experts

With Nirmala Sitharaman all set to present her Budget, millions of small businesses in the country would be pinning their hopes on the FM to provide incentives and measures to kick-start sluggish growth.
  • Sun, February 2, 2025

by: NDTV

Can You Still Opt For Old Tax Regime? And Will You Gain Or Lose Out

With Finance Minister Nirmala Sitharaman announcing big rebates for taxpayers in the middle-income group under the new tax regime, many are left wondering if the government plans to scrap the old tax

by: Mint

Union Budget 2025 Highlights: Nirmala Sitharaman will introduce IT bill next week, PM Modi congratulates FM

Budget 2025 LIVE updates: Abhishek Jain, Indirect Tax Head & Partner of KPMG, highlighted that the adjustments announced to customs duties in India are set to foster expansion and development in the nation.

by: MSN

Canada, Mexico Hit Back at Trump Tariffs, China Vows Action

Canada and Mexico vowed to hit back at US tariffs with tit-for-tat measures after President Donald Trump followed through on his threats of general levies of 25%, beginning a trade war that's set to reshape global supply chains.

by: MSN

Textiles to toys: MSMEs get a Rs 2,250 crore booster shot with mission exports

Commerce, MSME and finance ministries in India will collaborate to identify key sectors needing significant capital for technology upgrades, marketing, and accessing new markets to boost exports. An Export Promotion Mission with a budget of Rs 2,

'Control of our destiny': UPS braves blowback over Amazon break

UPS stocks plummeted after it slashed business with the world's largest online retailer.
The article from Fortune discusses the significant drop in shares for UPS and Amazon following a backlash related to their involvement with the United States Postal Service (USPS). The controversy stems from a new contract that has led to public and political scrutiny over the terms of service, pricing, and the implications for USPS's financial health. Critics argue that the deal favors UPS and Amazon at the expense of the USPS, which has been struggling financially. This situation has led to a decline in stock prices as investors react to the potential regulatory and reputational risks. Additionally, there's growing concern about the long-term sustainability of USPS and its ability to compete in a market increasingly dominated by private logistics giants.

Read the Full Fortune Article at:
https://fortune.com/2025/01/31/ups-amazon-shares-drop-blowback-usps/

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