#fiscalyear
US refunds $22B in customs duties after Supreme Court ruling
Treasury Refunds $22 Billion in Customs Duties The U.S. Treasury Department announced on Wednesday, June 10,2026 that it refunded $22 billion in customs duties during May, marking the first major round of repayments after the Supreme Court struck down President Donald Trump’s global tariff programme. The amount refunded matched the customs duties collected over the same period, effectiv
US refunds $22B in customs duties after Supreme Court ruling
Treasury Refunds $22 Billion in Customs Duties The U.S. Treasury Department announced on Wednesday, June 10,2026 that it refunded $22 billion in customs duties during May, marking the first major round of repayments after the Supreme Court struck down President Donald Trump’s global tariff programme. The amount refunded matched the customs duties collected over the same period, effectiv
India’s GDP growth quickens to 8.2% in Q2 on strong demand and pre-festival production
India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e
India’s GDP growth quickens to 8.2% in Q2 on strong demand and pre-festival production
India’s economy recorded a faster pace of expansion in the July–September quarter, with official data showing that gross domestic product rose 8.2% year-on-year. The acceleration reflects a combination of stronger consumer demand, a revival in manufacturing activity, and accelerated production schedules ahead of India’s major festive season. Economists had widely expected the quarter to deliver robust growth, but the latest figure surpassed the projected 7.3% expansion for the period, e
Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring
Microsoft is reportedly preparing for another round of job cuts, with the Xbox division expected to bear the brunt of this restructuring. This move, anticipated to be announced early next week, marks what is set to be the fourth major layoff at the company in the past 18 months. The layoffs are part of a broader effort to reorganize Microsoft as the company approaches the end of its fiscal year on June 30, 2025. Acco
Microsoft to Lay Off Employees, Targeting Xbox Division in Latest Restructuring
Microsoft is reportedly preparing for another round of job cuts, with the Xbox division expected to bear the brunt of this restructuring. This move, anticipated to be announced early next week, marks what is set to be the fourth major layoff at the company in the past 18 months. The layoffs are part of a broader effort to reorganize Microsoft as the company approaches the end of its fiscal year on June 30, 2025. Acco









