For India, Buying Russian Oil Just Got More Complicated
India’s prime minister acceded to many of President Trump’s demands under pressure of heavy tariffs. It would be awkward to reject them now. Source link
Business
Read More
AI Impact Summit declaration secures support of 86 nations, two global bodies: Ashwini Vaishnaw
Eighty-six countries and two international organisations have signed the AI Impact Summit declaration, signalling broad global support for shared principles on responsible and inclusive artificial intelligence, IT minister Ashwini Vaishnaw said on Saturday. The declaration was adopted at the conclusion of the India AI Impact Summit held in New Delhi, with signatories including the US,…
Trump Doubles Down on Closing Tax Loophole on Cheap Imports
The exemption was shut down last year by President Trump based, in part, on the same legal grounds as the tariffs that were invalidated by the Supreme Court. Source link
Bank Holiday Today: Are banks open or closed on Saturday, February 21? Check state-wise full list of holidays this month
As weekend approaches, bank customers need to verify the holiday calendar before visiting branches, as bank closures in India depend on national holidays, state-specific festivals, and the weekly schedule mandated by the Reserve Bank of India (RBI). While some Saturdays are working days, others are designated holidays, making it important to confirm branch availability in…
Peak XV raises $1.3bn with focus on Indian startups
Mumbai: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the Asia-Pacific region. The capital will be deployed across three funds-India seed, India venture…
‘Effective from February 24’: All you need to know about Trump’s new 10% global tariffs
US President Donald Trump on Thursday signed a proclamation imposing a 10 per cent temporary import surcharge on most goods entering the United States, after the Supreme Court deemed the tariffs imposed on different countries “illegal”.Thereafter, invoking emergency powers under Section 122 of the Trade Act of 1974 to address what he described as “fundamental…
Is Blue Owl Private Credit’s ‘Canary in the Coal Mine’?
Steep declines in the shares of private lenders, after a major fund changed how investors can withdraw money, have sparked worries about more trouble to come. Source link
PM Modi to meet Brazilian President Lula: Critical minerals, trade cooperation – what’s on agenda
NEW DELHI: Prime Minister Narendra Modi will hold talks with Brazilian President Luiz Inacio Lula da Silva in New Delhi on Saturday, with a focus on strengthening cooperation in critical minerals, boosting trade ties, and advancing strategic supply chain partnerships. The visit comes amid India’s push to reduce dependence on China, which dominates global rare…
‘Murky Waters’ for Global Businesses After Trump’s Tariff Loss
Even after the Supreme Court invalidated many of the president’s levies, foreign leaders and executives assume that U.S. tariffs are here to stay, in one form or another. Source link
How much tariff will India pay after US SC ruling, Trump’s 10% global duty? What White House said
NEW DELHI: India will pay a 10 per cent tariff “until another authority is invoked,” the White House said on Friday, after US President Donald Trump signed an executive order imposing a 10 per cent tariff on imports from all countries, news agency ANI reported.This comes after the US Supreme Court delivered a stunning rebuke…