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IMPACT OF GOVERNMENT SHUTDOWN
Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...- US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- Fable 5 shock puts sovereign AI back on India’s agendaUS export controls on advanced AI models have spurred India's call for sovereign AI development. Industry leaders warn against reliance on ...
- Project Glasswing melts: US government suspends early access to Anthropic's Fable 5, Mythos 5 within days of rolloutIndia's brief access to advanced AI models from Anthropic has ended. A US government directive halted local access to Mythos 5 and Fable 5....
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- All major pharmacy chains, hospital-based medical stores, Jan Aushadhi Kendras to remain open on May 20Pharmacies nationwide will stay open on May 20. This defies a strike called by the All India Organisation of Chemists and Druggists against...
- Jute industry seeks new Bengal govt's intervention to tide over raw material crisisWest Bengal’s jute industry is staring at a major crisis as raw jute shortages and soaring prices disrupt operations across mills in the Ho...
- New York’s Long Island Rail Road workers strike disrupts busiest US rail network for first time in 32 years, impacting about 300,000 commuters; check affected routes and branchesThousands of Long Island Rail Road workers walked off the job Saturday, May 16, 2026, after contract negotiations for a new wage agreement ...
- Gig workers’ union calls for five-hour shutdown over rising fuel costs; protest on SaturdayGig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...
- Data center used 30 million gallons unnoticed — is America’s AI boom quietly pushing local water systems toward crisis?Georgia AI data center water crisis is now raising serious questions across the United States. Investigators found that a massive data cent...
- Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...
- The 'Living Nostradamus' just made a terrifying Iran war prediction, and the date is very specificLiving Nostradamus Iran war prediction: Brazilian psychic Athos Salomé has triggered fresh global debate after warning that the Iran war ma...
- No happy hour yet: Alcohol makers flag cost shock, seek state price hikeAlcoholic beverage makers are urging state governments for price increases. Rising costs for cans and bottles are impacting production. Sup...
- Spirit Airlines shutdown flags wider risk for Indian IT firmsSpirit Airlines' closure and soaring jet fuel costs pose challenges for Indian IT services firm Coforge. Analysts warn of wider implication...
- US Government Spirit Airlines Rescue Plan — 5 key points travellers must know after Spirit Airlines shutdownSpirit Airlines has shut down operations. This marks the first airline collapse linked to the Iran war, following a surge in jet fuel price...
- Frontier Airlines offers flight tickets discounts, stocks soar after Spirit Airlines announced shutting downFrontier Airlines announced systemwide discounts and plans to add summer routes.
- Frontier responds to Spirit Airlines shutdown with discounted 'rescue fares' for stranded passengersFollowing Spirit Airlines' abrupt shutdown, Frontier Airlines is offering discounted "rescue fares" and a $199 GoWild Summer Pass to assist...
- US Stock Market: US inflation jumps as war-driven fuel costs complicate Fed outlookU.S. inflation surged in March, driven by rising gasoline prices amid the Iran conflict, with the PCE index recording its sharpest monthly ...
- US economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlookThe U.S. economy grew at a modest 2% annual pace in the first quarter of 2026, recovering from a weak 0.5% expansion in the previous quarte...
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