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Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
Amazon aims to revolutionize fast delivery with new 30-minute systemAmazon is revealing a new service offering deliveries in 30 minutes or less for an additional charge. This ultrafast delivery, called Amazo...
US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Big win for workers! New income law could mean $3,139 extra — here’s who benefits mostSouth Carolina new income tax law brings lower tax rates from 2026. The plan reduces tax brackets and slowly cuts income tax toward zero. M...
2026 tax refund investing: Top 5 blue-chip stocks like Apple and Walmart to grow your money fastTax refunds in 2026 may be higher due to new rules like the One Big Beautiful Bill Act. Instead of spending, people can invest in strong st...
Walmart pharmacy pay increase boosts wages up to $42 an hour, even without a college degreeWalmart is significantly increasing pay for thousands of pharmacy roles across its US stores. New pharmacy operations team leads will see w...
Walmart to hike prices: How much will consumers have to pay if it doesn't 'eat tariffs' as Trump wants?Walmart is preparing to increase prices on various items due to rising import costs from tariffs, despite a temporary reduction on Chinese ...
Mind the wall when making a U-turnWalmart scaled back its DEI initiatives. The company faced criticism for its vague response. The response recalled Zomato's controversial h...
Sachin Bansal pays Rs 699 crore advance tax on gains from Flipkart saleThis includes capital gains tax from his income on sale of Flipkart stake to US retail giant Walmart.
Walmart submits to I-T dept details of tax deducted from each Flipkart investorWithholding tax, or retention tax, is an income tax to be paid to the government by the payer of the income rather than by the recipient of...
'Walmart paid Rs 7,439 crore tax on Flipkart deal; did not deduct taxes from 34 shareholders'US retail giant Walmart Inc had on September 7 said it has complied with the tax obligations of its $16 bn acquisition of India's largest o...
Have complied with tax obligations in Flipkart deal: WalmartOf the 44 shareholders of Flipkart who have sold stake to Walmart, the significant ones include SoftBank, Naspers, venture fund Accel Partn...
IT dept to wait till September 7 for Walmart to pay tax on Flipkart dealAs per the provisions of the I-T law, Walmart has to deduct withholding tax on payments made to sellers and deposit it with the Indian auth...
Walmart may approach income tax department to determine tax liability in Flipkart dealIn May, the I-T department had written to Walmart, saying that the US company can seek guidance about the tax liability under Section 195 (...
Tax department to seek share purchase pact from Flipkart to ascertain tax liabilityTo ascertain the exact tax liability, the revenue dept will write to Flipkart seeking the share purchase agreement that the company had ent...
Walmart is right on Flipkart despite investor ire: Sarah HalzackAnd by making this investment in Flipkart, Walmart played some indirect defense against Amazon, which was reportedly kicking the tires on a...
Walmart sues Visa for $ 5 billion for rigging card feesIt said that Visa and the banks as well worked together to set rules that prevent retailers from protecting themselves against such fees.