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Tariffs take $1-bn bite out of GM's earnings

Financial Express Kolkata

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July 23, 2025

GENERAL MOTORS' second-quarter earnings took a $1.1 billion hit from tariffs, but the automaker still beat analyst expectations for the period, supported by strong sales of its core gasoline trucks and SUVs.

- REUTERS

The largest U.S. automaker by sales said it expects the tariff impact to worsen in the third quarter and stuck to a previous estimate that trade headwinds threaten to hit the bottom line by $4 billion to $5 billion. GM said it could take steps to mitigate at least 30% of tha

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Financial Express Kolkata

Xi faces calls for stronger yuan in currency debate

IN WELL-CONNECTED circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.

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2 mins

December 17, 2025

Financial Express Kolkata

Trump files $10-bn lawsuit against BBC

President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.

time to read

1 min

December 17, 2025

Financial Express Kolkata

N-energy Bill likely to open space for foreign funding

NEED FOR BASELOAD ALTERNATIVES, HUNT FOR CAPITAL

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2 mins

December 17, 2025

Financial Express Kolkata

Vedanta demerger gets NCLT nod

THE NATIONAL COMPANY Law Tribunal (NCLT) on Tuesday approved the long-pending demerger scheme of mining major Vedanta, clearing the way for the group to split into multiple sector-focused companies spanning aluminium, oil and gas, power, and iron and steel.

time to read

1 min

December 17, 2025

Financial Express Kolkata

HC permits Hiremath siblings to amend suit

IN THE ONGOING Kalyani family dispute over the division of family assets, the Bombay High Court has allowed siblings Sameer Hiremath and Pallavi Swadi to amend their suit, enabling them to seek a restraint on the voting rights attached to shares acquired from the Kalyani family's core assets.

time to read

1 min

December 17, 2025

Financial Express Kolkata

Irdai to use consultative regulation process: FM

THE PROPOSED AMENDMENTS to the country's insurance laws seek to widen coverage, strengthen oversight and make the sector more transparent and investmentfriendly, while keeping policyholder interests at the core, Finance Minister Nirmala Sitharaman said on Tuesday.

time to read

1 min

December 17, 2025

Financial Express Kolkata

Jewellery demand to sustain in near term: Retailers

INDIA'S RETAIL JEWELLERY brands are confident of sustaining the demand, evident during the wedding season, well into next year.

time to read

1 mins

December 17, 2025

Financial Express Kolkata

Bill granting Irdai more power gets LS nod

. Proposed law also allows 100% FDI in sector

time to read

1 min

December 17, 2025

Financial Express Kolkata

Govt proposes major overhaul of GDP series

THE NEW GROSS Domestic Product (GDP) series is set for a major overhaul with the government proposing various changes, including the adoption of the Classification of Individual Consumption according to Purpose (COICOP) 2018 for the compilation of private final consumption expenditure.

time to read

1 mins

December 17, 2025

Financial Express Kolkata

Ola Electric founder sells ₹92-cr shares

OLA ELECTRIC FOUNDER

time to read

1 min

December 17, 2025

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