- Canada threatens to sue Stellantis over auto plant sale as Trump’s trade war shifts production south November 12, 2026Canada threatens to sue Stellantis over auto plant sale as Trump’s trade war shifts production south
- Who would be next CEO at Nvidia? Top engineer and CFO favored as candidates November 12, 2026NVIDIA-CEO-REPLACEMENTS:Who would be next CEO at Nvidia? Top engineer and CFO favored as candidates
- Banco BPM to Review Credit Agricole Bid, Seeks ‘Adequate Value’ November 12, 2026Banco BPM SpA said it will review Credit Agricole SA’s proposal to combine their Italian banking operations, and said it will seek “adequate value” for shareholders.
- IBM to end H-1B visa and green card sponsorship for most consulting roles amid Trump's immigration crackdown — Report November 12, 2026The development comes amid increased scrutiny of employment-based immigration programmes under the Trump administration, particularly the H-1B visa programme, which allows US employers to hire skilled foreign professionals in specialised occupations.
- Alice Huang’s China links: Firms related to her promised Nvidia Blackwell chips to DeepSeek despite US ban, report says November 12, 2026Companies linked to Alice Huang have reportedly invested in DeepSeek and promised to supply it with Nvidia's advanced Blackwell processors. The reported arrangement has raised questions about US export restrictions, although it remains unclear whether the chips have been delivered.
- India needs to create high-quality jobs, increase productivity growth: IMF November 12, 2026The International Monetary Fund has upgraded India's potential growth to 6.8 percent, citing favorable demographics and a growing economy. Higher productivity growth and stronger private investment are essential to realize this potential. Faster creation of high-quality jobs is also crucial for sustainable economic development. The IMF continues to view […]
- Retail inflation may remain above 6 pc for next few months; economists see possibility of rate hikes November 12, 2026Mumbai's consumer price index-based retail inflation is projected to remain above 6 percent in upcoming months. This rise is attributed to increasing food prices, an adverse base effect, and commodity price impacts. Economists predict that retail inflation will average 6.2 percent in the October-December quarter of FY27. Heightened food prices and weath […]
- SBI economists halve December RBI rate hike forecast to 25 bps on easing rupee pressure, foreign inflows November 12, 2026State Bank of India has revised its estimate for the upcoming Reserve Bank of India rate hike. The new projection suggests a 0.25 percent increase instead of a previously expected 0.50 percent. This adjustment follows improvements in external conditions and a revival in foreign fund inflows. Analysts note that inflation is projected to remain above 6 percent […]
- India will have one of the 'best' trade deals with the US: Comerce Minister Piyush Goyal November 12, 2026Commerce and Industry Minister Piyush Goyal stated that India is close to finalizing a strong trade deal with the US. The framework for the initial phase of the bilateral agreement has been completed. However, recent changes in US tariffs have necessitated further discussions between the two countries. Goyal emphasized that the outcomes of the negotiations w […]
- India's 'achievable' FY27 direct tax target faces a make-or-break second half November 12, 2026India's budgeted direct tax collection target for this fiscal year is Rs 26.97 lakh crore. Current collections are at approximately 53 percent of this target as of November 10. Experts flag the need for a rise in corporate tax and advance tax collections in upcoming months. Non-corporate tax collections have shown slower growth compared to corporate tax […]
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