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BusinessThe US government has decided to impose zero tariffs on drugs imported only from countries with which it has or expects to have a trade agreement. On April 2, Donald Trump announced a plan to impose tariffs up to 100% on drugs to promote domestic manufacturing. This move affects India's drug exports to the US amid tariff threats.
News18Hi Business·3h ago
SportsThe Carolina Hurricanes will raise their Stanley Cup banner before facing the Florida Panthers in the NHL season opener in Raleigh, North Carolina. The Panthers, coached by Paul Maurice, missed the 2025-26 postseason after winning the Cup in 2024 and 2025. The matchup features the Stanley Cup winners from the past three seasons, with a shortened training camp and only four preseason games this year.
HT Sports·1h ago·Raleigh
BusinessGoldman Sachs reports that a surge in corporate bond supply in the US high-yield market is overwhelming debt investors. This influx is pushing risk premiums to their highest level in five months, signaling increased caution among investors in this sector, according to the firm's head of credit strategy.
Mint Markets·39m ago
PoliticsUS President Donald Trump denied asking Chinese President Xi Jinping if he wanted to buy American weapons. This contradicts the statement by US Ambassador to China David Perdue, who claimed Trump had made such an offer to Xi. The conflicting accounts highlight differing narratives on US-China diplomatic interactions regarding arms sales.
Times of India·44m ago
BusinessUS stocks declined due to concerns over rising oil prices and higher Treasury yields. Investor caution increased amid uncertainty about potential Iran war peace deal negotiations. Federal Reserve officials suggested possible interest rate hikes if inflation rises significantly. Nvidia shares surged after announcing a record $150 billion share buyback, while Tesla shares fell following a lowered price target.
ET Markets·58m ago
PoliticsUnion Home Minister Amit Shah will chair a meeting on October 1 to resolve the Mahanadi river water-sharing dispute between Odisha and Chhattisgarh. The Chief Ministers, Chief Secretaries, and Chief Engineers of both states will attend. The meeting aims to build trust for a final resolution. Earlier, Union Jal Shakti Minister C.R. Patil held a related meeting on July 30. Engineers have submitted technical reports to the Central Water Commission.
The Hindu·52m ago·Bhubaneswar
News18Hi Business·3h ago
The US government has decided to impose zero tariffs on drugs imported only from countries with which it has or expects to have a trade agreement. On April 2, Donald Trump announced a plan to impose tariffs up to 100% on drugs to promote domestic manufacturing. This move affects India's drug exports to the US amid tariff threats.
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