What can be done for customs reforms. (AI generated image) By Krishan AroraIndia customs has seen several reforms over the years – from tariff rationalization to digitization to simplified procedures & schemes to support domestic Industry. While high tariff rates and duty rate rationalization remains a key industry demand, there is a need for a…
A Dubai-based conglomerate has said it will initiate legal action against Lebanese authorities, alleging losses of more than $1.7 billion following years of economic crisis, banking restrictions and political instability in Lebanon.The Al Habtoor Group said on Monday that its investments in Lebanon have suffered “severe and sustained harm” due to measures imposed by Lebanese…
The US Treasury Department has terminated its contracts with consulting firm Booz Allen Hamilton following the conviction of a former contractor linked to the company for leaking sensitive tax data of thousands of wealthy Americans, including President Donald Trump, to media organisations.The decision comes amid broader efforts by the Trump administration to act against entities…
US stocks opened with modest gains on Monday as investors turned their focus to a busy earnings calendar and the upcoming policy meeting of the US Federal Reserve, while gold surged past the $5,000-an-ounce mark for the first time.The S&P 500 rose 0.4% in early trade, coming off its second consecutive weekly loss. The Dow…
India and the European Union have successfully concluded negotiations for a long-pending Free Trade Agreement (FTA), commerce secretary Rajesh Agrawal said on Monday, PTI reported. Calling the agreement balanced and forward-looking from India’s perspective, Agrawal said the deal would deepen economic integration between India and the EU and give a boost to bilateral trade and…
Banking operations at public sector banks across the country are likely to be disrupted on Tuesday as bank unions go ahead with a nationwide strike to press for the immediate implementation of a five-day work week.The strike, called by the United Forum of Bank Unions (UFBU)—an umbrella body of nine unions representing bank officers and…
With global banks, broker-dealers and capital markets players weighing India as an offshore financial base, Deloitte has urged the government to use Budget 2026 to have parity rulesa among players, remove tax asymmetries and compliance frictions that are limiting the scale-up of IFSC GIFT City as a full-service international BFSI hub.According to Deloitte, the International…
Ahead of the Union Budget, India’s fast-growing private space industry has called on the government to step up public procurement of space products and services and formally recognise space assets as critical infrastructure to unlock financing and accelerate scale-up.Industry leaders said assured government demand, along with easier access to long-term capital, is essential for domestic…
Multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to FMCG major Marico in an all-cash transaction valued at Rs 226.8 crore, as part of a strategic move to monetise non-core assets and strengthen its balance sheet.The PVR INOX board approved the divestment of its…
Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for the Budget week week are Hindustan Unilever, and Ashok Leyland. Here’s his view on Nifty, Bank Nifty for the Budget 2026 trading week starting January 27, 2026:Nifty View:From its…
