After the setback on tariffs in the US Supreme Court, US president Donald Trump indicated that he would order section 301 investigations against trading partners. USTR Jamieson Greer followed it up, saying that the probe will cover major trading partners and may range from industrial policies of countries to drug pricing and ocean pollution.What is…
MUMBAI: Markets are expected to remain volatile during the week as clarity among Dalal Street investors about the US tariffs on goods exported to the world’s largest economy continues to remain elusive. While most market players feel that the rate of tariff on Indian goods will not be much different from what it was earlier,…
NEW DELHI: A leading exporter left work on Friday with additional US tariffs on most goods from India at 25%. He was hoping it will fall to 18% this week. Late evening, the US Supreme Court declared the imposition of reciprocal tariffs illegal and by Saturday a new levy of 10% kicked in, which moved…
“I can do anything I want,” declared Donald Trump, quickly venting his anger at the US Supreme Court’s landmark ruling on February 20 rebuking his use of emergency powers to impose sweeping import duties, one of the most consequential defeats of his second term.The ruling invalidated his use of emergency powers to impose the largest…
The European Union has sought “full clarity” from the United States and urged Washington to honour agreed trade commitments after the US Supreme Court struck down some of President Donald Trump’s sweeping tariffs, raising fresh uncertainty over trans-Atlantic trade ties, AP reported.The European Commission said the evolving situation risks undermining the framework for “fair, balanced,…
US investors are increasingly moving money out of domestic equities and into overseas markets, signalling a shift away from the long-dominant “buy America” trade as returns from Big Tech moderate and global markets outperform.Data from LSEG/Lipper shows US-domiciled investors have withdrawn about $75 billion from US equity products over the past six months, including $52…
India’s largest public lender, State Bank of India (SBI) has set a target to increase the share of green advances in its loan portfolio to 7.5–10 per cent by 2030 as part of efforts to support India’s transition towards sustainable financing and low-carbon growth.The country’s largest lender said 25 per cent of these green advances…
Major US airlines have expressed concern over travel disruptions after the Department of Homeland Security (DHS) decided to temporarily suspend its PreCheck and Global Entry programmes amid an ongoing government shutdown.The suspension will take effect from 6 a.m. ET (1100 GMT) on Sunday, days after a partial shutdown began following the failure of Republicans and…
What was once seen as the engine of India’s clean fuel transition is now grappling with oversupply, with ethanol production capacity significantly exceeding current blending needs.Industry estimates show nearly 20 billion litres of installed ethanol capacity, with another 4 billion litres expected shortly, against an annual requirement of about 11 billion litres to meet the…
The Union Budget’s excise duty waiver on biogas blended with compressed natural gas could unlock investments worth up to Rs 1 lakh crore, industry body Indian Biogas Association said on Sunday, highlighting a potential boost to India’s clean energy transition.The industry body said the Union Budget 2026 decision to waive excise duty on compressed biogas…
