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TAX AND CUSTOMS AUTHORITY
BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
Two phones and an app: How Russians skirt Putin's digital iron curtainSince the Kremlin ratcheted up control over the internet this year, Russians have been turning to increasingly convoluted technical solutio...
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
US Customs’ $166 billion tariff refund plan faces court fight over who gets access to payoutsA government official testifies today in federal court. This concerns billions of dollars in import taxes. The Supreme Court ruled these ta...
What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
Senate rejects first effort to bar Trump from creating $1.8 billion settlement fundSenate Republicans are facing challenges in passing funding for President Donald Trump's immigration agencies. Democrats are pushing for vo...
Trump moves to block wider tariff refunds, appeals order covering all importersIn a landmark Supreme Court ruling, businesses are cashing in on refunds for import tariffs. Yet, the Trump administration intends to chall...
Trump & co appeal US court ruling that could force broad repayment of 'illegal' tariffsThe Trump administration will appeal a judge's order for across-the-board refunds of illegal tariffs, potentially creating legal chaos. Thi...
US judge freezes Trump $1.8 billion 'slush fund' for alliesA US federal judge has halted a $1.8 billion compensation fund. Critics call it a slush fund for President Donald Trump's allies. The judge...
Pernod’s Delhi drought deepens as Indian court rejects liquor sales pleaA French liquor giant's bid to restart sales in New Delhi has been denied by an Indian court. This marks three years since the company's pr...
Epstein files reveal ongoing ties with this one wealth managerDespite the allegations surrounding Jeffrey Epstein, Bank of America wealth adviser Paul V. Morris maintained connections with Epstein for ...
Akasa Air flight from Bengaluru to Bhubaneswar diverted to Lucknow due to bad weather, lands safely laterAn Akasa Air flight from Bengaluru to Bhubaneswar was diverted to Lucknow due to bad weather. The flight later landed safely at the destina...
Why Pernod Ricard is facing heat in one of its most crucial liquor marketsFrench liquor giant Pernod Ricard faces significant hurdles in India, its largest global market by volume. The company is embroiled in a ma...
Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
Indian government, tech firms running tests for Anthropic's Mythos threatIndia is rigorously testing its critical financial and government software for vulnerabilities to Anthropic's powerful Mythos AI. Tech gian...
Google blocked the first known AI-powered attack on 2FA accounts; here is how hackers tried to break in, know how to stay safeForeign hackers attempted a novel AI-powered cyberattack targeting two-factor authentication using a zero-day exploit. Google's Threat Inte...
How gold ETFs, tax changes, and recycling incentives can reduce India’s dependence on gold importsOne of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold....
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...