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US companies getting refunds after the Supreme Court struck down President Donald Trump's import tariffs are using the temporary windfall in a range of creative ways.  The refunds are being used to cover rising costs, supplement employee retirement accounts and repay debt. Some are sharing the bounty with vendors. And a number of consumer companies are beefing up their assortment of lower-priced products and offering deals to attract budget-conscious shoppers pinched by the rising cost of living. Companies in the Russell 3000 Index mentioned tariff refunds almost 1,000 times in earnings calls and filings in July, August and September, according to a Bloomberg News analysis, almost four times more than in the previous earnings season. Consumer discretionary and staples companies accounted for more than a third of the references, disclosing the receipt of close to $9.8 billon in refunds during that period. Roughly $166 billion was paid in tariffs under the International Emergenc...

The week starting on September 7 remained highly volatile for markets with a mix of global uncertainty, rising oil prices and expectations of interest rates hike by US Federal Reserve, while corporate India saw several important developments. Here are few top stories from this week - US-Iran Conflict Tensions between US and Iran escalated again this week following a brief pause as US Central Command (CENTCOM) reported that the American forces attacked five Iranian oil tankers in the Gulf of Oman and near Kharg Island. Iran responded by launching ballistic missiles at a US base in Jordan and targeted multiple commercial and military vessels near the Strait of Hormuz. Oil Prices Cross $100 Oil prices rose over $100 a barrel this week, for the first time in nearly four months, even  hitting $109 before retreating on Friday. Crude prices are track for a weekly gain of around 8% to 9%.  Following this surge, benchmark indices such as Sensex and Nifty fell, posting consecutive ...

Over the years, actor Rani Mukerji has taken on a wide range of roles and delivered each of them with sincerity. The Chalte Chalte star has been honoured with the Raj Kapoor Special Contribution Award for her contribution to cinema. The recognition came as Rani completed three decades in the film industry. The 62nd Maharashtra State Film Awards ceremony was held in Mumbai, bringing together several noted names from the Marathi and Hindi film industries. Maharashtra Chief Minister Devendra Fadnavis and Cultural Affairs Minister Ashish Shelar honoured the award winners at the ceremony. Dressed in a gorgeous green sari with a broad red border, Rani stole the spotlight. She paired the traditional look with green bangles, a mangalsutra and a gajra , completing the elegant ensemble. Rani's words after receiving the award struck a chord with the audience. The actor spoke in Marathi and opened up about what made the recognition particularly special for her. “ Namaskar , for me, Ma...

England pacer Ollie Robinson has emerged as the standout figure in Test bowling, boasting the best bowling average among bowlers with 100-plus wickets since the First World War, with an impressive mark of 19.10. He has also reached the 100-wicket milestone in just 24 Tests, making him the joint-fifth-fastest English bowler to achieve the feat since World War II, joining legends Ian Botham, Derek Underwood, Steve Harmison, Graeme Swann and Tony Lock. Robinson achieved the feat during England's third Test against Pakistan in Birmingham on Wednesday. The pacer now has 102 wickets at an exceptional average of 19.10 in 24 Tests, including five five-wicket hauls. Problems off the field have been compounded by struggles on it, with Pakistan's torrid run in red-ball cricket extending into the third Test. After Babar Azam lost the toss, England captain Joe Root had no hesitation in asking Pakistan to bat first. Pakistan endured a disastrous start, with their early struggles coming a...

The Indian cricketers competing at the upcoming Asian Games in Japan will stay at the designated accommodation arranged by the Organising Committee though they are not the five-star hotels they usually get on foreign tours, BCCI vice-president Rajeev Shukla said on Tuesday. Shukla said the issue on the accommodation of the hotels for the cricketers had arisen due to the scarcity of top-rated hotels in Nagoya. He, however, said accommodation of the cricketers was not a big issue and the BCCI and the players are satisfied with the arrangement. "Whatever they (organisers) are providing, we are staying there and we are keeping a watch what kind of accommodation is being given so that our players are comfortable. Definitely those are not of five-star but a good accommodation," Shukla said at the send-off ceremony of the Indian contingent . "Whatever has been offered to our cricketers that accommodation we have got the photographs all the way and the videos also of that, s...

Actor Parineeti Chopra's upcoming Netflix series Shaque: Trust No One is all set for a September premiere.  The makers announced that the series will be releasing on September 24.  Created by Rensil D'Silva and Siddharth P. Malhotra, directed by Rensil D'Silva, and backed by Alchemy Films, Shaque: Trust No One explores the blurry lines between trust and suspicion, instinct and truth, love and obsession. The ensemble is led by Parineeti Chopra, which also marks her series debut.  Director and co-creator Rensil D'Silva said, "Shaque is a thriller built on uncertainty. Every revelation raises another question, and every relationship has another layer waiting to be uncovered. What fascinated me was the opportunity to tell a suspenseful story through the deeply emotional journey of a mother who has spent nine years refusing to give up," as per a press release.  View this post on Instagram A post shared ...