ecomoneymatters

Domestic Manufacturing and Proposals for Trade and Industry Planning: Exemption of Life-Saving Drugs from Customs Duty: 36 life-saving drugs will be added to the list of drugs fully exempt from customs duty, aimed at providing relief to cancer patients and those suffering from rare diseases. Concessional Customs Duty for Life-Saving Medicines: Patient Assistance Programs: Proposals…

Apple’s Q1 2025 earnings exceeded expectations, with revenue of $124.3 billion and EPS of $2.40. The company saw growth in services and Mac sales, while iPhone revenue slightly declined. Apple’s active device base reached a new record. Revenue and Earnings: Apple reported Q1 revenue of $124.3 billion, slightly surpassing analysts’ expectations of $124.13 billion. Adjusted…

Air travel in the United States is considered very safe. Serious plane accidents do not happen often because of strict rules, new safety technology, and the hard work of experts. However, sometimes accidents still happen, and when they do, the results can be serious. All 67 passengers and one person on the ground lost their…

US President Donald Trump has signed an order to establish an immigration detention facility at Guantanamo Bay that can preserve 30,000 migrants. The circulate is part of a sweeping crackdown on immigration in Cuba that President Miguel Diaz-Canel has criticized as “evil”. Trump has signed a government order to build a huge immigration prison at…

A federal judge temporarily blocked a White House directive freezing federal assistance, impacting programs like Medicaid and nonprofit aid. The freeze, which sparked nationwide chaos, faces legal challenges from states and organizations, with critics arguing it violates constitutional laws. The ruling offers temporary relief as litigation continues. On Tuesday, a federal judge issued a stay…

Budget 2025 is expected to boost capex in aerospace, defense, and logistics, support real estate growth with tax reliefs and GST reforms, and promote AI innovation and sustainability. Key priorities include revised income tax slabs, enhanced health insurance and housing deductions, capital gains tax reforms, debt fund benefits restoration, and measures to stimulate investments and…

The Union Budget 2025 will be presented on February 1 at 11 AM. The Budget Session will have two parts: January 31 to February 13 and March 10 to April 4. The BSE and NSE stock markets will stay open on February 1, even though it’s a Saturday. 1. Focus Areas of Budget 2025: Tax…

A celestial and remote celestial event known as Planet Parade will grace the night sky in January 2025. Starting on January 21, this event will continue till January 29, giving those who observe the sky an unforgettable opportunity to see many planets close to or close to each other. Below is a close look at…

Martin Luther King Jr. Day celebrating on the third Monday of January. It is a collective holiday in honor of Martin Luther King Jr, a civil rights leader. Signed as a law by President Ronald Reagan on Nov 2, 1983. This holiday is unique as it is also designated as National Day of Service, which…

The season of Bigg Boss 18, hosted by Salman Khan, started with 23 contestants and has now been trimmed down to six finalists. These finalists—television actors Vivian Dsena, Karan Veer Mehra, Eisha Singh, and Avinash Mishra, alongside model-activist Chum Darang and fitness influencer Rajat Dalal—will compete one final time on Sunday for the highly sought-after…

One of India’s largest IT firms, Infosys, announced an annual pay hike of 6% to 8% for their employees across India from January 1, 2025. The announcement, made by Infosys Chief Financial Officer Jayesh Sanghrajka during the company’s Q3FY25 results briefing, brings extremely needed relief to its workers of over 3.23 lakh professionals. Because of…

This news sheds light on President Joe Biden’s announcement that the Equal Rights Amendment (ERA), first passed by Congress in 1972, is now unconstitutional and should be considered part of the US Constitution. The purpose of ERA is to ensure equal rights without discrimination based on gender. Friday Announcement by Biden Biden’s announcement is a…

The 78-year-old American director, who, after a few months of revealing his emphysema, has walked the base, and has hidden the strangeness in daily life, who is known to paint the world without fear – those who see the same with Twin Peaks and films like Blue Velvet, Mulholland Drive, A self-proclaimed dreamer, Lynch first…

Prelude Hindenburg Research, a name that created a stir in the corporate world. The founder of the firm Nate Anderson, announced the decision in a detailed post in which it was emphasized that the firm has completed its mission. The closure of Hindenburg’s Research, which was known for exposing corporate fraud and triggering the bigwigs….

Cripto Crush According to crypto analysts, the surge in XRP’s price is partly fueled by increasing speculation surrounding the potential launch of a spot XRP ETF You should know: With the increase in XRP, meme has once again caught speed, now it has reached close to its all-time high price of $3.40, which is just…

The Institute of Chartered Accountants of India (ICAI) has issued detailed instructions for candidates intending to take the May 2025 CA exams. To streamline the application process, students should ensure their records are up to date and meet all eligibility requirements through the Self-Service Portal (SSP). Here is a checklist of eligibility requirements for candidates…

Budget Expectation India’s Finance Minister Nirmala Sitharaman will present the Union Budget on February 2025 in which it is expected that financial relief will be provided to the middle-class taxpayers and retail loan borrowers and economic growth will increase. Top industry leaders have shared their expectations in this crucial financial plan. The country’s largest financial…