Business

Liquor

Bye-bye glass bottles: Liquor to be sold in tetra packs

Bhubaneswar Excise Minister Prithviraj Harichandan, Saturday announced in the House that liquor will soon be sold in tetra packs instead of glass bottles. Replying to a question from Sanatan Mahakud, Harichandan said thick paper-based cartons, similar to fruit juice packs, will replace glass bottles. The...

India US trade deal

US trade gap widens; India deficit at $58bn

Washington: The US trade deficit widened sharply in December, capping a year in which America’s goods gap with India reached $58.2 billion. The goods and services deficit rose to $70.3 billion in December, up from $53.0 billion in November, revised, the U.S. Census Bureau and...

Tariff

US Supreme Court strikes down Trump’s sweeping tariffs

Washington: The Supreme Court struck down President Donald Trump's far-reaching global tariffs Friday, handing him a significant loss on an issue crucial to his economic agenda. The 6-3 decision centres on tariffs imposed under an emergency powers law, including the sweeping "reciprocal" tariffs he levied...

 

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