Over the past year, U.S. trade policy has swung sharply back toward broad-based tariffs, reviving uncertainty across global markets and supply chains. The shift began on Feb. 1, 2025, when the administration imposed new tariffs on Chinese imports, citing fentanyl-linked supply chains, unfair trade practices and trade imbalances. Days later, Washington announced plans for 25% […]
Britain reels from the arrest of Andrew Mountbatten-Windsor, once Prince Andrew, on his 66th birthday over Epstein ties, questions swirl around New Delhi’s corridors. Could this royal mess cast a shadow on the freshly inked UK-India Free Trade Agreement (FTA), set to unlock £19 billion in UK exports to India? With the pact eyeing rollout […]
Indian equity markets closed sharply higher on Tuesday, extending a powerful rally as investors welcomed the finalisation of the long-awaited India–US trade deal, which is expected to improve trade prospects and revive foreign investor interest. Benchmark indices posted broad-based gains through the session. The Sensex rose 2,072.67 points, or 2.54 per cent, to end at […]
Indian equity markets staged a powerful rally on Tuesday morning, surging nearly 3 per cent in early trade, as investors reacted enthusiastically to the announcement of the India–US trade deal that promises immediate tariff relief for Indian exports. By 9.25 a.m., the Sensex had jumped 2,421 points, or 2.97 per cent, to 84,088, while the […]
The announcement by U.S. President Donald Trump and Prime Minister Narendra Modi that Washington will cut its “reciprocal” tariffs on Indian goods from 25% to 18% has brought immediate relief to Indian exporters and signalled a thaw after nearly a year of strained ties. The rollback also includes the removal of a punitive 25% penalty […]
Indian equity markets witnessed a sharp sell-off on Budget Day, with benchmark indices sliding nearly 2 per cent after Finance Minister Nirmala Sitharaman announced a steep hike in Securities Transaction Tax (STT) on futures and options, unsettling investor sentiment in a special Sunday trading session. The Sensex closed at 80,723, while the Nifty ended at […]
India has recalibrated its neighbourhood development assistance in the Union Budget 2026–27, increasing allocations for countries such as Nepal, Afghanistan, Bhutan and Sri Lanka, while sharply reducing aid to Bangladesh, signalling a selective realignment of regional priorities. According to Budget documents, India’s development assistance to Bhutan has been raised to Rs 2,288.56 crore, reaffirming Thimphu’s […]
• NRI equity investment limit per company doubled to 10%, aggregate cap raised to 24%.• MAT exemption announced for non-residents under presumptive taxation.• TCS on foreign education and medical remittances cut to 2%.• Property sale compliance eased; buyers no longer need a separate TAN. The Union Budget 2026–27 has marked a notable shift in the […]
Opposition parties mounted a sharp attack on the Union Budget 2026 on Sunday, accusing the government of failing to address the concerns of ordinary citizens, farmers, unemployed youth and small businesses, even as Finance Minister Nirmala Sitharaman presented her ninth consecutive Budget in Parliament. Leaders across parties said the Budget lacked concrete relief measures, ignored […]
Finance Minister Nirmala Sitharaman on Sunday presented the Union Budget 2026–27, outlining an ambitious growth strategy anchored in manufacturing expansion, infrastructure investment and sweeping tax reforms, while maintaining a tight fiscal framework amid global economic uncertainty. The Budget, the first to be prepared at Kartavya Bhawan, is built around three stated kartavyas—accelerating economic growth, building […]
Ashishkumar Chauhan, Managing Director and Chief Executive Officer of the National Stock Exchange, on Sunday visited Tirupati with his family and offered prayers at the Lord Venkateshwara temple, seeking blessings for the exchange, its members, shareholders and the country. Speaking after the visit, Chauhan said the darshan took place early in the morning and described […]
Gurugram-based real estate developer Signature Global reported a sharp year-on-year decline in sales bookings for the October–December quarter, a period typically marked by robust housing demand due to the festive season. In a regulatory filing on Sunday, the company said sales bookings fell 27 per cent to ₹2,020 crore in the December quarter, compared with […]
The Goods and Services Tax (GST) 2.0 regime, set to come into force on September 22, 2025, will bring sweeping changes to India’s indirect tax system, but several key items will remain untouched. The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, approved a restructuring of the tax slabs by merging the 12% […]
India’s Income Tax Department on Monday announced that over seven crore income tax returns (ITRs) have been filed for the Assessment Year 2025-26, as the deadline of September 15 drew to a close. Officials described the surge in filings as a reflection of growing compliance and the expanding taxpayer base. In a post on X, […]
China has strongly rejected US President Donald Trump’s proposal that NATO members impose steep tariffs on Beijing, saying such measures would only worsen global tensions. Chinese Foreign Minister Wang Yi made the remarks on Saturday during a press conference in Ljubljana, Slovenia, following talks with Deputy Prime Minister and Foreign Minister Tanja Fajon. His comments […]
Gold prices are once again dominating global headlines. Hovering near all-time highs, the yellow metal has emerged as one of the most closely watched assets this September, reflecting a mix of investor anxiety, central bank policies, and domestic demand surges in India ahead of the festive season. From Wall Street to Chandni Chowk, gold’s rally […]
Hike, once touted as India’s homegrown rival to WhatsApp and later a promising player in online gaming, has officially shut down after the Indian government imposed a ban on real-money gaming. Founder and CEO Kavin Bharti Mittal confirmed the closure in a note shared on Substack, calling it “a difficult decision” made after discussions with […]
In an unprecedented turn of events, the Indian stock market made a remarkable recovery on Tuesday, April 15, as investors regained a colossal Rs 10.9 lakh crore in a single day. This recovery effectively wiped out the losses incurred following the US tariff shock on April 2, marking a significant milestone in the financial sector. […]
In a dramatic turn of events that has stunned both investigators and the public, fugitive diamond trader Mehul Choksi—accused in India’s largest-ever bank fraud case—has been arrested in Belgium after years on the run. The unexpected arrest has rekindled hopes for justice in the ₹13,500 crore Punjab National Bank (PNB) scam that rocked the country’s […]
U.S. markets closed lower Friday after China announced steep tariff hikes on American goods, targeting semiconductors manufactured in the U.S. Texas Instruments fell 6.8%, Intel dropped 3.7%, and GlobalFoundries declined 2.4% amid fears of disrupted trade flows. Shares of Nvidia and TSMC rose, buoyed by their offshore manufacturing. Analysts warn of escalating uncertainty in the […]