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Nearly 90% of Trump’s tariff costs fell on US consumers and businesses, says report

Buzz line2 months ago05 mins

American households and businesses absorbed nearly 90% of the cost of US President Donald Trump’s tariffs through late 2025, according to a new analysis by the Federal Reserve Bank of New York, as reported by usa today. Here’s what the report said The findings add to research suggesting that US families bear much of the…

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India-EU FTA: Why European wines may soon cost less in India

Buzz line2 months ago04 mins

European wines are set to become cheaper in the Indian market under the bilateral free trade agreement (FTA), as the Indian government has agreed to reduce import duties on these products. This means that wines imported from countries such as France, Italy and Spain will face lower taxes in India, making them more affordable and…

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Small-cap EV stock Mercury Ev-Tech jumps over 14% despite sideways markets

Buzz line2 months ago05 mins

Shares of Mercury Ev-Tech on Tuesday surged by more than 14%, even as the general market sentiment remained weak and domestic benchmark indices moved sideways. The small-cap EV manufacturer shares opened at ₹39.89 per share on the BSE, Mercury Ev-Tech share price today touched an intraday high of ₹40.99 per piece. A factor contributing to…

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