With Tariff Changes, Consumers May Be Stuck in a Waiting Game
Some companies could decide to temper price increases, but the effect would take time to materialize. Source link
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IndiGo fiasco fallout: Airline appoints new head of operations control centre
NEW DELHI: IndiGo has finally started acting against officials who were seen to be responsible for last Dec flight fiasco. The airline on Friday appointed Captain Rohit Rikhye as the head of its operations control centre (OCC), removing Jason Herter from the position. The Directorate General of Civil Aviation (DGCA) had in its report on…
After Tariff Decision, What Happens to Trump’s Deals With China, Canada and Europe?
The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners. Source link
US envoy Sergio Gor: India committed to not buying Russian oil
US ambassador to India Sergio Gor speaks during the signing ceremony of the Pax Silica Declaration between India and the US on sidelines of Global AI Impact Summit 2026, in New Delhi on Friday. (ANI Video Grab) NEW DELHI: US ambassador to India Sergio Gor doubled down on US claims that India has committed to…
Supreme Court Tariff Ruling to Spur Chaotic Refund Process
The Trump administration says it could take years and additional litigation for importers to get their money back. Source link
Saudi crude imports narrow gap with Russia, set to become biggest supplier
Crude imports from Saudi hit highest level New Delhi: Crude oil imports from Saudi Arabia have hit their highest levels since Nov 2019, clocking nearly 1-1.1 million barrels per day (bpd) in Feb, and overtaking Russia temporarily to emerge as the biggest supplier to India.According to data shared by Kpler, a global data and analytics…
After Tariff Decision, What Happens to Trump’s Deals With China, Canada and Europe?
The Supreme Court’s decision to invalidate many of President Trump’s tariffs raised questions about what would become of agreements struck with major U.S. trading partners. Source link
Received an ITR refund email or SMS alert? Income Tax Department has an important warning for taxpayers
The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays and heightened expectations around tax refunds through fake emails, phone calls and SMS messages.In a message posted on X, the department urged taxpayers not to share one-time passwords (OTPs), bank details or personal information in…
Tariff Whiplash Clouds Outlook for Federal Budget
The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies. Source link
SC verdict on Trump tariffs: Dissent highlights India in Russia oil context
India found itself directly referenced in a landmark US Supreme Court judgment limiting presidential tariff authority, after justices examined how tariffs imposed under emergency powers were used as tools of foreign policy– including pressure linked to Russian oil imports.The ruling in Learning Resources, Inc. v. Trump held that the International Emergency Economic Powers Act (IEEPA)…