Fox Business Flash top headlines for October 4 Check out what’s clicking on FoxBusiness.com. TOKYO – The U.S. dollar drifted below a one-year high versus major peers on Tuesday as traders waited on key U.S. payrolls data at the end of the week for clues on the timing of a tapering of Federal Reserve stimulus and the start of interest […] US Trade Representative Katherine Tai deliver remarks on the Biden administration’s new approach to the U.S.-China trade relationship. U.S. Trade Representative Katherine Tai deliver remarks on the Biden administration’s new approach to the U.S.-China trade relationship. The Biden administration wants to reshape former President Trump’s historic phase one trade deal with China but acknowledged the former president laid the groundwork. […] Petrol price in Delhi reached its highest ever level of ₹102.39 a litre and to ₹108.43 in Mumbai. Petrol and diesel prices were hiked again on Sunday to send rates soaring to new record highs across the country but top government officials insisted oil companies haven’t passed on the entire increase warranted from international oil and gas rising to three-year […] The importance of education cannot be overstated. The federal government is among the organizations that measure it most closely. As a foundation of its yardsticks, it breaks education levels into several tiers–people who have less than high school education, those who are high school graduates, those with some college, those who are college graduates, and those who have post-college education. […] CEA’s remarks appeared to have been triggered by criticism about the low recovery rates and the processes of the IBC Chief Economic Advisor Krishnamurthy Subramanian took on critics of the Insolvency and Bankruptcy Code (IBC) for labelling its performance as ‘skewed’ with low recovery rates, arguing they are ‘cherry-picking’ IBC data and a lot of the loans going through the […] Centre notifies new rules on process to be followed by affected taxpayers. Firms such as Cairn and Vodafone disputing retrospective tax demands in India will not only have to withdraw all legal proceedings and waive all rights to claim costs or attach Indian assets but also indemnify the government on costs and liabilities from any action pursued by other interested […] Food inflation stood at 4.83% in August, against 4.91% in the previous month and 6.06% during the corresponding month a year ago Retail inflation for industrial workers eased to 4.79% in August compared to 5.27% in July this year, mainly due to the lower price of certain food items. "Year-on-year inflation for the month (August 2021) stood at 4.79 per […] It has made it mandatory for lenders to put in place a comprehensive board-approved policy for transfer and acquisition of loan exposures under these guidelines. The RBI has effected major changes to the norms governing the transfer of bad loans and standard assets by lenders. On Friday, the central bank issued Master Circulars on ‘Transfer of Loan Exposure’ and ‘Securitisation […] Thomas Jefferson commented: “Happiness is not being pained in body or troubled in mind.” For many Americans, this encompasses their situations: where they live, how their children are doing (for those people who have them), their financial situations, whether they have enough to eat, if they are healthy, whether they have enough to retire, and if they like where they […] Senate Republicans vow to block debt ceiling increase measure House passes spending bill to suspend debt ceiling for 15 months to avoid government shutdown. Fox News’ Congressional Correspondent Chad Pergram with the latest. Treasury Secretary Janet Yellen told Congress that the Treasury would be unable to pay all of the government’s bills if lawmakers don’t raise the federal borrowing limit […]Dollar drifts below one-year high as payrolls test looms large
Trump’s China trade deal is ‘starting point’ for Biden
Petrol, diesel at all-time high
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Average recovery rate under the IBC is 45%, says CEA Subramanian
To settle retrospective tax mess, Govt. wants indemnity against future claims
Retail inflation for industrial workers eases to 4.79% in August
RBI issues master circular on transfer of NPAs, securitisation of standard assets
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Janet Yellen says Treasury could exhaust cash reserves by Oct. 18 if debt limit isn’t raised