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IMPORT TARIFFS CONSEQUENCES
US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...- Trump suddenly finds himself in a perfect storm. Can he survive it?Trump faces mounting challenges this summer, including legal setbacks, weak approval ratings and public anxiety over inflation and fuel pri...
- India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
- AI investment boom reshaping global capital flows, leaving India temporarily on the sidelines: Jonathan GarnerForeign investors are shifting capital from India to North Asian markets like South Korea and Taiwan, driven by the AI investment boom and ...
- Raise it, regulators: A repo rate hike - 50 bps increase to 5.75 perhaps - will reduce CAD, incentivise capital flowsIndia's monetary policy committee faces a complex decision. Delayed economic growth data and an unknown US Federal Reserve policy create si...
- RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
- Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before actingSpanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the ...
- A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
- High gold prices, import duty hike to drag jewellery demand: CrisilIndian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. De...
- Xi plays a masterful hand amid Trump’s chaos and Putin’s declineChinese leader Xi Jinping and Russian President Vladimir Putin met in China, projecting unity against US dominance. They signed agreements ...
- Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
- Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
- Modi’s toughest economic test may demand more than appealsPrime Minister Narendra Modi faces economic headwinds. Appeals for reduced consumption of imported goods like oil and gold may not suffice....
- Trump set to meet with Xi in Beijing as war and inflation weigh on his presidencyPresident Donald Trump is in Beijing for a state visit with Chinese leader Xi Jinping. The leaders will discuss trade, aiming to sign deals...
- Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
- The power turnaround of Uttar Pradesh: Infrastructure, reform and energy securityUttar Pradesh has transformed from a state plagued by prolonged blackouts to one meeting record electricity demand with near round-the-cloc...
- US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summitU.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market...
- India's 6.6% growth "very good record" amid global turmoil: Amitabh KantIndia leads global economic growth with a 6.6% GDP expansion amidst international turmoil. Former NITI Aayog CEO Amitabh Kant highlights st...
- Trump's retribution? What to watch in Tuesday's elections in Indiana, Ohio and MichiganPresident Trump's influence is on trial in Indiana's Republican primaries. Seven state senators face Trump-backed challengers. Ohio's prima...
- As first payments of $166 billion Trump tariff refunds begin May 11, will importers get paid despite portal errors and claim delays?As first payments of the $166 billion Trump tariff refunds begin May 11, the key question is speed. Data shows only about 3% of claims are ...
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