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Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.

Veterans Affairs hospitals face disruption in clinical trials and other services due to cuts imposed by the Trump administration and Elon Musk’s Department of Government Efficiency. Essential staff terminations and an initial oversight of critical contracts have led to halted trials and chaos within the veterans’ healthcare system.

South Carolina faced more than 100 fires amid perfect conditions of dry air, arid land, and gusting winds. This event exemplifies the increasing prevalence of compound weather disasters, as recent global examples highlight the intensifying challenges and economic impacts expected with climate change.

“We would never do such a thing or use it as a bargaining chip,” Musk said.

Brazil is prioritizing enhanced climate action as it chairs COP30, proposing additional UN governance structures for effective commitment tracking. Despite acknowledging potential slowdowns due to the US’s Paris Agreement withdrawal, Brazil emphasizes global cooperation and a 10-year roadmap to mitigate adverse environmental impacts.

Europe’s materials industry is the worst performer this earnings season, with 65% missing earnings estimates. Weak demand in China, US tariff threats, higher raw material, and labor costs are key challenges. Basic resources, chemicals, and other sectors face significant downgrades, affecting EU steel and copper demand, making cost-cutting and productivity crucial for improvement.

President Donald Trump has dismissed business concerns over planned tariffs on several trading partners and possible economic repercussions. Despite acknowledging potential short-term impacts on US growth, Trump maintained that his approach would ultimately benefit America. He indicated that tariffs may increase over time to ensure fair trade practices and emphasized bringing wealth back to the…

The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of a potential trade war have further exacerbated investor caution.

The dollar index is used to measure the US currency’s strength against a basket of six currencies: the euro, Swiss franc, Japanese yen, Canadian dollar, British pound and Swedish krona.

​The Nifty index has formed a small bullish candlestick on the daily chart, while a strong bullish candle with a long lower shadow on the weekly chart signals support-driven buying and the potential for a short-term recovery.