US diesel prices at record $6: American farmers feel the heat as harvest season begins
https://timesofindia.indiatimes.com/business/international-business/us-diesel-prices-at-record-6-american-farmers-feel-the-heat-as-harvest-season-begins/articleshow/134103442.cms
https://timesofindia.indiatimes.com/business/international-business/us-diesel-prices-at-record-6-american-farmers-feel-the-heat-as-harvest-season-begins/articleshow/134103442.cms
With diesel prices hitting unprecedented levels, US farmers are grappling with steep fuel expenses that have doubled. This dramatic rise is disrupting essential operations for corn and soybean harvests, jeopardizing profitability and financial health. Additionally, the elevated diesel costs are hindering the logistics of moving harvested crops to market. Consequently, many farmers are contemplating delaying their tasks in hopes that prices will decrease soon.
Ice cream to defence: How Canada’s tariff war with US is boosting local businesses
https://timesofindia.indiatimes.com/business/international-business/ice-cream-to-defence-how-canadas-tariff-war-with-us-is-boosting-local-businesses/articleshow/134105619.cms
https://timesofindia.indiatimes.com/business/international-business/ice-cream-to-defence-how-canadas-tariff-war-with-us-is-boosting-local-businesses/articleshow/134105619.cms
Canadian businesses are experiencing increased sales due to a 'buy Canadian' movement. Local ice cream and gift shops report significant sales boosts from consumers. Wineries also saw demand rise after American alcohol was removed from shelves. Defence manufacturers are finding new opportunities and looking beyond the US market. However, some retailers face price pressures and increased operational costs.
Nvidia weighs $10 billion investment in Anthropic’s mega IPO: Report
https://timesofindia.indiatimes.com/business/international-business/nvidia-weighs-10-billion-investment-in-anthropics-mega-ipo-report/articleshow/134108357.cms
https://timesofindia.indiatimes.com/business/international-business/nvidia-weighs-10-billion-investment-in-anthropics-mega-ipo-report/articleshow/134108357.cms
Anthropic, an artificial intelligence firm, is gearing up for a landmark initial public offering that could reshape the tech landscape. Reports indicate that Nvidia is eyeing a sizable investment in this IPO, which could fortify their strategic partnership. With heavyweight support from industry leaders like Amazon and Google, Anthropic aspires to achieve a remarkable valuation of two trillion dollars by the year's end.
Minor had Rs 1.17 crore interest income, father faced Rs 12.83 lakh penalty; what ITAT did
https://timesofindia.indiatimes.com/business/india-business/minor-child-had-rs-1-17-crore-interest-income-father-faced-rs-12-83-lakh-penalty-itat-delhi-cancels-it-rules-tax-rate-dispute-isnt-under-reporting/articleshow/134076542.cms
https://timesofindia.indiatimes.com/business/india-business/minor-child-had-rs-1-17-crore-interest-income-father-faced-rs-12-83-lakh-penalty-itat-delhi-cancels-it-rules-tax-rate-dispute-isnt-under-reporting/articleshow/134076542.cms
The ruling arose from the tax dispute involving a man in New Delhi. He filed his income tax return on November 4, 2022, reporting total income of Rs 8.43 crore. The case was subsequently reopened by the Income Tax Assessing Officer (AO) at Jhandewalan on March 22, 2025.
CAS closing price under review: Sebi proposes 2 options for expiry settlement
https://timesofindia.indiatimes.com/business/india-business/cas-closing-price-under-review-sebi-proposes-2-options-for-expiry-settlement/articleshow/134122804.cms
https://timesofindia.indiatimes.com/business/india-business/cas-closing-price-under-review-sebi-proposes-2-options-for-expiry-settlement/articleshow/134122804.cms
The Securities and Exchange Board of India (Sebi) is actively exploring modifications to how derivative settlement prices are calculated. Two alternative methods are currently up for review, inviting stakeholder feedback. These revisions aim to alleviate concerns related to the price from the closing auction session. Stakeholders have until October 3rd to share their insights on adopting a blended VWAP or maintaining the status quo with the existing methodology.
Data centre boom: India’s infrastructure opportunity could hit $90 billion
https://timesofindia.indiatimes.com/business/india-business/data-centre-boom-indias-infrastructure-opportunity-could-hit-90-billion/articleshow/134123769.cms
https://timesofindia.indiatimes.com/business/india-business/data-centre-boom-indias-infrastructure-opportunity-could-hit-90-billion/articleshow/134123769.cms
India's data centre industry is poised for a substantial $90 billion opportunity by FY35, catalyzed by rising demand for construction, cooling, and power infrastructure. The surge in artificial intelligence will further heighten energy and cooling requirements. While domestic firms can tap into this market, they will still rely on imports for specialized components. Strategic collaboration is crucial to transforming this potential into functional capacity.