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Hunger, flight chaos fail to end US shutdown

Financial Express Ahmedabad

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November 10, 2025

CONGRESS SHOWED MOMENTARY signs of life in the nation’s longest government showdown, but the hope for a post-election compromise faded quickly, with frustrated senators apparently no closer to an escape plan.

- ERIK WASSON & STEVEN T DENNIS

Democrats, fresh from a sweep of coast-to-coast victories on Tuesday, scaled back their demands, offering a plan to extend the Affordable Care Act tax credits for one year in exchange for reopening the government.

Within half an hour, Republicans called it dead on arrival and unserious.

Even so, senators stayed in Washington over the weekend for the first time in the 40-day shutdown after President Donald Trump chided lawmakers to “not leave town” until the spending impasse is resolved.

MEER VERHALEN VAN Financial Express Ahmedabad

Financial Express Ahmedabad

Ola Electric founder sells ₹92-cr shares

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1 min

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Financial Express Ahmedabad

PFRDA allows 80% NPS corpus withdrawal for pvt subscribers

IN A MAJOR reform of the national pension system (NPS), the pension regulator has allowed lump sum payout to non-government sector subscribers to 80% and reduced annuitisation to 20% of their corpus at the time of exit from the scheme.

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Rupee breaches 91-mark amid trade deal jitters

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1 min

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McKinsey plans thousands of job cuts as slowdown bites

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time to read

2 mins

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Financial Express Ahmedabad

Private credit seen rising 35% this year, but flat without SP deal

THE VALUE OF private credit deals is expected to rise about 35% year-on-year (yo-y) to nearly $13 billion in 2025, but the growth is largely skewed by a single large transaction by the Shapoorji Pallonji (SP) Group, with underlying market expansion remaining muted once that deal is excluded.

time to read

3 mins

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NCLT clears Vedanta demerger

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time to read

1 min

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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.

time to read

2 mins

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Financial Express Ahmedabad

Sectoral, thematic funds underperform markets

THE SECTORAL AND thematic funds category of equity mutual fund schemes which has seen an increase of nearly 130% in its assets under management (AUM) from 2023 and contributes to nearly 15% of the total equity AUM,has underperformed the market returns both over one-and three-year periods.

time to read

2 mins

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Financial Express Ahmedabad

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

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Financial Express Ahmedabad

A disservice to dignity of labour

BARRING TRANSPARENCY IN IMPLEMENTATION & SOCIAL AUDITS, NEW LAW UNDERMINES MGNREGA ENTITLEMENTS

time to read

4 mins

December 17, 2025

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