Daily Republic News
- Business
- October 11, 2025
Who Is Ashok Kumar Pal? ED Arrests Reliance Power CFO In Fake Bank Guarantee Case
In a significant development, the Enforcement Directorate (ED) formally arrested Ashok Kumar Pal, the Chief Financial Officer (CFO) and Executive Director of Reliance Power Limited (RPL), late last night.The arrest is linked to an alleged fake bank guarantee and fake invoicing ca Read More
- Business
- October 11, 2025
Wall Street Crashes As Trump Announces 100% Tariff On Chinese Goods, USD 1.5 Trillion Wiped Out
US stock markets witnessed heavy selling on Friday after President Donald Trump announced fresh trade measures against China, including a 100 per cent tariff on Chinese goods and export controls on critical software.The move reignited fears of a renewed trade war between the worl Read More
- Business
- October 11, 2025
Oversubscription Of High-Value IPOs Like Tata Capital, LG Electronics Shows Confidence In India’s Growth Story: Experts
The latest blockbuster IPO week in the domestic stock markets has highlighted that investors continue to show strong confidence in India’s growth story, even during a challenging phase when the Nifty and Sensex have delivered no returns for the past 13 months.According to stock m Read More
- Business
- October 11, 2025
ED Arrests Reliance Power CFO Ashok Kumar Pal in Fake Bank Guarantee Case Linked to Anil Ambani’s Firm
The Enforcement Directorate (ED) has arrested Ashok Kumar Pal, Chief Financial Officer (CFO) of Reliance Power Limited, in connection with the alleged fake bank guarantee and fake invoicing case. Officials said Pal was taken into custody last night after questioning at the ED’s D Read More
- Business
- October 11, 2025
Wall Street Shock: S&P 500 Crashes Most in 6 Months After Trump’s Tariff Threat On China
A months-long calm on Wall Street was shattered on Friday as US stocks faced their steepest selloff in six months after former President Donald Trump warned of “a massive increase of tariffs on Chinese products” imported into the US.The S&P 500 Index plunged 2.7%, wiping out its Read More
- Business
- October 11, 2025
White House Lays Off Thousands Of US Government Workers, Blaming Shutdown
President Donald Trump on Friday blamed Democrats for his decision to lay off thousands of workers across the U.S. government as he followed through on his threat to cut the federal workforce during the government shutdown.Job cuts were under way at the Treasury Department, the U Read More
- Business
- October 11, 2025
Trump Threatens China With Export Controls On Boeing Parts
The United States could impose export controls on Boeing plane parts as part of Washington’s response to Chinese export limits on rare earth minerals, President Donald Trump said on Friday. Trump has frequently used Boeing in his aggressive efforts to reshape global trade since t Read More
- Business
- October 11, 2025
Nutraceutical Industry Set To double To $60 Billion By 2030: Steadfast Nutrition Report
India’s nutraceutical industry is expected to witness robust growth over the next five years, with its valuation projected to double from USD 30.37 billion in 2024 to USD 60 billion by 2030, according to a report by Steadfast Nutrition.The report highlighted that the industry is Read More
- Business
- October 11, 2025
Donald Trump Threatens Tech Export Limits, New 100% Tariff On Chinese Imports
President Donald Trump on Friday threatened to place an additional 100% tax on Chinese imports starting on November 1 or sooner, potentially escalating tariff rates close to levels that in April fanned fears of a global recession.The president expressed frustration with new expor Read More
- Business
- October 10, 2025
Shapoorji Pallonji Group Pushes For Listing Of Tata Sons; Calls For ‘Transparency and Governance’
The Shapoorji Pallonji (SP) Group on Friday reiterated its long-standing demand for the public listing of Tata Sons, calling it a step essential for “transparency, fairness and good corporate governance.” The statement comes amid ongoing discussions surrounding the internal matte Read More
