Business News
Budget 2026: Jewellery industry seeks GST cut, duty relief and simpler tax rules
As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-
Budget 2026: Jewellery industry seeks GST cut, duty relief and simpler tax rules
As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-
Silver crosses Rs 4 lakh per kg as global shortage fears and weak rupee fuel rally
Silver prices in India have surged to a historic high, crossing the Rs 4 lakh per kilogram mark in futures trading and pushing up spot prices across major cities. The sudden spike has caught many buyers by surprise, especially as silver was trading at much lower levels just weeks ago. The rally has been sharp and swift, making silver one of the strongest-performing commodities in recent times and raising questions among consumers and investors about whether prices will continue to rise or cor
Silver crosses Rs 4 lakh per kg as global shortage fears and weak rupee fuel rally
Silver prices in India have surged to a historic high, crossing the Rs 4 lakh per kilogram mark in futures trading and pushing up spot prices across major cities. The sudden spike has caught many buyers by surprise, especially as silver was trading at much lower levels just weeks ago. The rally has been sharp and swift, making silver one of the strongest-performing commodities in recent times and raising questions among consumers and investors about whether prices will continue to rise or cor
Indian rupee hits record low of 91.99 vs dollar as tariffs and US yields weigh
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
Indian rupee hits record low of 91.99 vs dollar as tariffs and US yields weigh
The Indian rupee weakened to a fresh all-time low of 91.99 against the US dollar on January 29, extending its recent slide amid persistent pressure from global and domestic factors. The currency has now fallen 2 percent so far this year and nearly 5 percent since the United States imposed higher tariffs on Indian merchandise exports. The sharp decline reflects continued weakness in foreign capital inflows and a surge in corporate demand for dollar hedging, which have outweighed the positive i
Keurig recalls over 80,000 decaf coffee pods that may contain caffeine
Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,
Keurig recalls over 80,000 decaf coffee pods that may contain caffeine
Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,
Southwest Airlines ends open seating as assigned seats begin across its network
Southwest Airlines passengers completed their final boarding-day routines under the carrier’s open seating model on Monday, closing a chapter on a system that defined the airline for more than five decades. Beginning Tuesday, Southwest officially transitioned to assigned seating, a move that places the Dallas-based airline closer to industry norms followed by most major U.S. carriers. Under the new approach, customers flying Southwest will receive designated seat assignments and m
Southwest Airlines ends open seating as assigned seats begin across its network
Southwest Airlines passengers completed their final boarding-day routines under the carrier’s open seating model on Monday, closing a chapter on a system that defined the airline for more than five decades. Beginning Tuesday, Southwest officially transitioned to assigned seating, a move that places the Dallas-based airline closer to industry norms followed by most major U.S. carriers. Under the new approach, customers flying Southwest will receive designated seat assignments and m
UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down
United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of
UPS plans 30,000 job cuts in 2026 as Amazon partnership winds down
United Parcel Service announced Tuesday that it plans to eliminate approximately 30,000 positions during the current year as the company continues to wind down its longstanding business relationship with Amazon and executes a broader, multi-year turnaround strategy. The workforce reduction is expected to be driven primarily by lower shipping volumes connected to the gradual exit from Amazon-related operations. Speaking during a conference call with analysts following the release of
Newark chef redefines street dining with inventive food truck cuisine
A Newark-based chef is challenging traditional perceptions of food trucks by delivering a refined, restaurant-style experience from a mobile kitchen, blending culinary creativity with accessibility. Nyreek Aliuthmar, professionally known as Chef Hub, operates Hitting Ur Belly, a food truck that has become known for inventive combinations and a rotating menu that keeps customers returning for new flavors. Unlike conventional food trucks that rely on a fixed set of popular items, Hitt
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Newark chef redefines street dining with inventive food truck cuisine
A Newark-based chef is challenging traditional perceptions of food trucks by delivering a refined, restaurant-style experience from a mobile kitchen, blending culinary creativity with accessibility. Nyreek Aliuthmar, professionally known as Chef Hub, operates Hitting Ur Belly, a food truck that has become known for inventive combinations and a rotating menu that keeps customers returning for new flavors. Unlike conventional food trucks that rely on a fixed set of popular items, Hitt
Tesla CEO Musk Predicts Widespread Robotaxis Across U.S. by End of 2026
Tesla CEO Elon Musk announced that the company’s robotaxi service will be “widespread” across the United States by the end of 2026, signaling a major milestone in autonomous vehicle technology. Musk stated that Tesla has begun rolling out its driverless ride-sharing network after launching the first robotaxi service in Austin in 2025. Initially, vehicles operated with human safety supervisors on board, following years of postponed promises regarding fully autonomous cars. The company later
Tesla CEO Musk Predicts Widespread Robotaxis Across U.S. by End of 2026
Tesla CEO Elon Musk announced that the company’s robotaxi service will be “widespread” across the United States by the end of 2026, signaling a major milestone in autonomous vehicle technology. Musk stated that Tesla has begun rolling out its driverless ride-sharing network after launching the first robotaxi service in Austin in 2025. Initially, vehicles operated with human safety supervisors on board, following years of postponed promises regarding fully autonomous cars. The company later
Ohio’s first Buc-ee’s grand opening set for April 6 in Huber Heights
Ohio is set to welcome its first Buc-ee’s, with officials announcing the grand opening date and schedule for the highly anticipated store. Located at 8000 State Route 235 in Huber Heights, the new Buc-ee’s will officially open to the public at 6 a.m. on Monday, April 6. The announcement has generated excitement among residents and travelers eager to experience the popular convenience store and gas station chain for the first time in the state. Ahead of the public opening, a specia
Ohio’s first Buc-ee’s grand opening set for April 6 in Huber Heights
Ohio is set to welcome its first Buc-ee’s, with officials announcing the grand opening date and schedule for the highly anticipated store. Located at 8000 State Route 235 in Huber Heights, the new Buc-ee’s will officially open to the public at 6 a.m. on Monday, April 6. The announcement has generated excitement among residents and travelers eager to experience the popular convenience store and gas station chain for the first time in the state. Ahead of the public opening, a specia
Lokesh Announces Rs 90,000 Crore RMZ Investment to Transform Andhra Pradesh
The Andhra Pradesh delegation’s presence at the World Economic Forum Summit in Davos has already begun yielding remarkable results. IT Minister Nara Lokesh made a major announcement that has drawn national and international attention by revealing a massive strategic infrastructure partnership between the Andhra Pradesh government and RMZ Group. Valued at nearly 10 billion dollars, this partnership is expected to redefine the state’s digital, industrial and employment landscape over the co
Lokesh Announces Rs 90,000 Crore RMZ Investment to Transform Andhra Pradesh
The Andhra Pradesh delegation’s presence at the World Economic Forum Summit in Davos has already begun yielding remarkable results. IT Minister Nara Lokesh made a major announcement that has drawn national and international attention by revealing a massive strategic infrastructure partnership between the Andhra Pradesh government and RMZ Group. Valued at nearly 10 billion dollars, this partnership is expected to redefine the state’s digital, industrial and employment landscape over the co
Historic Hollywood studio sale amended as buyer moves to cash-only deal
A major global streaming company has revised the terms of its previously announced acquisition of a leading entertainment studio, converting the transaction into a full all-cash deal valued at approximately $82.7 billion. The amendment preserves the original per-share valuation while removing the stock component of the agreement, a move that underscores the intensifying competition and high stakes shaping the global media and streaming sector. The original agreement, announced in la
Historic Hollywood studio sale amended as buyer moves to cash-only deal
A major global streaming company has revised the terms of its previously announced acquisition of a leading entertainment studio, converting the transaction into a full all-cash deal valued at approximately $82.7 billion. The amendment preserves the original per-share valuation while removing the stock component of the agreement, a move that underscores the intensifying competition and high stakes shaping the global media and streaming sector. The original agreement, announced in la
Apple overtakes Samsung to become world’s top smartphone brand in 2025
Apple has emerged as the world’s leading smartphone manufacturer in 2025, overtaking long-time rival Samsung in global shipments, according to the latest industry analysis. The milestone marks a significant shift in the global smartphone market, ending a 14-year period during which Samsung consistently held the top position in worldwide shipments. Industry data shows that Apple recorded the highest year-on-year growth among the top five smartphone brands, capturing a 20 percent sh
Apple overtakes Samsung to become world’s top smartphone brand in 2025
Apple has emerged as the world’s leading smartphone manufacturer in 2025, overtaking long-time rival Samsung in global shipments, according to the latest industry analysis. The milestone marks a significant shift in the global smartphone market, ending a 14-year period during which Samsung consistently held the top position in worldwide shipments. Industry data shows that Apple recorded the highest year-on-year growth among the top five smartphone brands, capturing a 20 percent sh
T.J. Maxx to open large new Lincoln Park store in Chicago retail corridor
A large new T.J. Maxx store is set to open in one of Chicago’s most active retail districts, further strengthening Lincoln Park’s position as a major shopping destination. The off-price retailer will occupy a prominent 26,000-square-foot space at 939 W. North Avenue, located at the southeast corner of North Avenue and Sheffield Avenue, according to a recent announcement from the development team behind the project. The store will serve as a key anchor tenant within a renovated c
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T.J. Maxx to open large new Lincoln Park store in Chicago retail corridor
A large new T.J. Maxx store is set to open in one of Chicago’s most active retail districts, further strengthening Lincoln Park’s position as a major shopping destination. The off-price retailer will occupy a prominent 26,000-square-foot space at 939 W. North Avenue, located at the southeast corner of North Avenue and Sheffield Avenue, according to a recent announcement from the development team behind the project. The store will serve as a key anchor tenant within a renovated c
Chicago’s Crying Tiger named among America’s most beautiful new restaurants of 2025
A River North restaurant has earned national attention for its distinctive blend of design and cuisine, marking another milestone for Chicago’s evolving dining scene. Crying Tiger, which opened in October at 51 W. Hubbard St., has been named among the most beautiful new restaurants in America for 2025, according to a recently released national ranking highlighting standout hospitality spaces across the country. The restaurant was recognized for its ability to merge Chicago’s ind
Chicago’s Crying Tiger named among America’s most beautiful new restaurants of 2025
A River North restaurant has earned national attention for its distinctive blend of design and cuisine, marking another milestone for Chicago’s evolving dining scene. Crying Tiger, which opened in October at 51 W. Hubbard St., has been named among the most beautiful new restaurants in America for 2025, according to a recently released national ranking highlighting standout hospitality spaces across the country. The restaurant was recognized for its ability to merge Chicago’s ind
Warren Buffett steps down as Berkshire Hathaway CEO after 60 years
Warren Buffett formally stepped down as chief executive officer of Berkshire Hathaway on the final day of 2025, ending a 60-year tenure that reshaped American corporate history. The transition, long anticipated by investors and company insiders, marks the close of one of the most influential leadership runs in global business. At the age of 95, Buffett will remain chairman of the holding company he transformed from a struggling textile firm into a diversified conglomerate valued at more than
Warren Buffett steps down as Berkshire Hathaway CEO after 60 years
Warren Buffett formally stepped down as chief executive officer of Berkshire Hathaway on the final day of 2025, ending a 60-year tenure that reshaped American corporate history. The transition, long anticipated by investors and company insiders, marks the close of one of the most influential leadership runs in global business. At the age of 95, Buffett will remain chairman of the holding company he transformed from a struggling textile firm into a diversified conglomerate valued at more than







