Business
Trump cuts tariffs as inflation fears mount | The Express Tribune
Rolls back duties on more than 200 products including beef, coffee and other foods
US President Donald Trump looks on while speaking to members of the media as he flies from Florida to Joint Base Andrews en route to Washington, aboard Air Force One, US, October 19, 2025.PHOTO: REUTERS
WASHINGTON:
US President Donald Trump on Friday rolled back tariffs on more than 200 food products, including staples such as coffee, beef, bananas and orange juice, in the face of growing angst among American consumers about the high cost of groceries.
The new exemptions, which took effect retroactively at midnight on Thursday, mark a sharp reversal for Trump, who has long insisted that the sweeping import duties he imposed earlier this year are not fueling inflation.
“They may in some cases” raise prices, Trump said of his tariffs when asked about the move aboard Air Force One on Friday evening. But he insisted that overall, the US has “virtually no inflation.”
Democrats have won a string of victories in state and local elections in Virginia, New Jersey and New York City, where growing voter concerns about affordability, including high food prices, were a key topic.
Trump also told reporters that he would move forward with a $2,000 payment to lower- and middle-income Americans that would be funded by tariff revenues next year sometime. “The tariffs allow us to give a dividend if we want to do that. Now we’re going to do a dividend and we’re also reducing debt,” he said.
The Trump administration announced framework trade deals on Thursday that, once finalised, will eliminate tariffs on certain foods and other imports from Argentina, Ecuador, Guatemala and El Salvador, with US officials eyeing additional agreements before the year’s end.
Friday’s list includes products US consumers routinely purchase to feed their families at home, many of which have seen double-digit year-over-year price increases. It includes over 200 items ranging from oranges, acai berries and paprika to cocoa, chemicals used in food production, fertilisers and even communion wafers.
The White House, in a fact sheet on the order, said it came on the heels of “significant progress the president has made in securing more reciprocal terms for our bilateral trade relationships.”
It said Trump decided certain food items could be exempted since they were not grown or processed in the United States.
Business
Money and wellbeing roadshows for Northamptonshire residents
Residents are to be offered advice on coping with the challenges of winter through a series of money and wellbeing roadshows.
Organised by West Northamptonshire Council, the events will bring together organisations to provide practical help, from home energy efficiency to debt advice – and mental health support.
The events are part of the authority’s wider money and wellbeing support programme, giving residents the opportunity to get tailored advice in a welcoming and inclusive space.
Laura Couse, Reform UK councillor and cabinet member for adult care and public health, said: “It is important that you know that you do not have to face these struggles alone.”
Run in partnerships with libraries, community centres and charities, the events aim to offer free advice and support to help people stay well and manage their finances during the colder months.
The roadshows will be held in Kingsthorpe in Northampton, Daventry, Towcester and Northampton between 20 November and 20 February 2026.
Each will have a different focus, including older people and home energy support, advice for families, and supporting families with pre-school children.
Couse acknowledged winter could be a “difficult time” for people.
“As the days get colder and darker, the pressures of everyday life, especially rising energy costs and worries about money or health, can feel overwhelming, but there is help available,” she said.
“These roadshows are not just about advice but also providing connection within our communities.
“Whether you’re worried about heating your home, managing your finances, or just need someone to talk to, these events are here for you.”
Business
India’s retail sector: Market to hit $1 trillion by 2030; digital and D2C formats set to reshape traditional shopping – The Times of India
India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational consumer class.Fireside argues that the change is not just in size but in the very structure of how Indians shop. The firm notes that retail channels are seeing their “most dramatic reconfiguration yet.” According to the report, general trade—which made up over 90 per cent of retail in 2014—is projected to drop to around 70 per cent by 2030, reported news agency ANI. At the same time, modern trade, e-commerce, quick commerce and direct-to-consumer (D2C) brands are expected to accelerate sharply. D2C and quick commerce alone may account for up to 5 per cent of the total market within the decade.With shoppers increasingly embracing digital-first formats, branded retail is forecast to double and reach nearly $730 billion, which would represent almost half of all retail spending. Fireside highlights that new-age, digital-native brands are currently scaling two to three times faster than conventional companies, helped by agile distribution, data-driven product development and more personalised customer engagement.The analysis outlines several emerging consumer segments. The firm notes, “Map your audiences, and you’ll see the opportunity take the shape of many substantial markets, whether India I, the 15 per cent population driving 35 per cent of retail and 60 per cent of branded purchases; or Bharat, the larger, fast-digitising 85 per cent, hungry for new brands and experiences,” as per ANI.By 2030, India is expected to have 1.1 billion internet users and over 400 million online shoppers. Fireside describes this as the “flattest consumption opportunity” India has ever witnessed.The firm concludes that India’s next hundred iconic consumer brands will be built by founders who blend cultural insight with digital fluency—creating niche, rooted and experimental labels that resonate with a confident, modern and increasingly regional Indian shopper.
Business
PM-Kisan 21st Installment On November 19: Check Eligibility & Register Through QR Code
Last Updated:
Prime Minister Narendra Modi will release the 21st PM Kisan installment on November 19, 2025, benefiting over 9 crore farmers.
PM Kisan 21st Installment Date Announced
PM Kisan 21st Installment Date On November 19: Prime Minister Narendra Modi is set to release the 21st installment of Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme on Wednesday, November 19, 2025 at 2:00 PM. Over 9 crore PM-Kisan beneficiaries will be benefited by this transfer.
The Centre has already disbursed the 21st installment to farmers of Jammu and Kashmir following the devastating floods. According to the official notification, a total of Rs 170 crore was transferred to 8.5 lakh farmers of Jammu and Kashmir on October 07, 2025.
Under the PM Kisan scheme, eligible farmers get Rs 2,000 every four months, which is Rs 6,000 annually. The money is provided each year in three instalments — April-July, August-November and December-March. The fund is directly transferred to the bank accounts of the beneficiaries.
Farmers, however, need to register and update their e-KYC to be eligible for the next tranche in the scheme.
PM Kisan Scheme e-KYC
To receive the installments, the farmers need to complete their e-KYC. According to the scheme’s official website, “eKYC is MANDATORY for PMKISAN Registered Farmers. OTP-based eKYC is available on the PMKISAN Portal, or the nearest CSC centres may be contacted for Biometric-based eKYC”.
PM Kisan Scheme: How To Check Status If You Are A Registered Farmer?
Farmers who have registered themselves through the CSC centres or online can check their approval status by following these steps:
1. Visit PM Kisan’s official portal — pmkisan.gov.in
2. Click ‘Status of Self Registered Farmer/CSC Farmers’ in the FARMERS CORNER section on the homepage.
3. Enter your Aadhaar number and filling in the captcha to verify your status.
Who Is Eligible for PM Kisan?
To qualify for the PM Kisan’s 21th installment, one must:
- Be a citizen of India
- Own cultivable land
- Be a small or marginal farmer
- Not be a pensioner receiving Rs 10,000 or more per month
- Not have filed income tax
- Not be an institutional landholder.
PM-Kisan: How To Register Via QR Code
New registrations can be done online via the official portal or offline through Common Service Centres (CSCs).
पीएम – किसान की 21वीं किस्त का हस्तांतरण दिनांक – 19 नवंबर 2025 कृपया लिंक पर क्लिक करें और अभी रजिस्टर करें🔗https://t.co/wDVgTbAw6qPM-Kisan’s 21st installment will be released on 19th November 2025. Please click the link and register now. 📷https://t.co/wDVgTbAw6q #AgriGoI pic.twitter.com/QJm4CEan46— PM Kisan Samman Nidhi (@pmkisanofficial) November 15, 2025
Farmers can scan the QR code in the X post to register for the scheme.

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
November 16, 2025, 10:26 IST
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