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Trump tariffs ruling: Supreme Court to not rule on Friday in ‘Liberation Day’ tariffs case

Companies have paid an estimated $133.5 billion in IEEPA-based tariffs through December 14, according to government data. (AI image) The Supreme Court will not rule in the crucial case of US President Donald Trump’s tariffs case on Friday. The ruling is being watched globally for its implications on all major economies. Earlier it was expected…

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Budget 2026: PHDCCI pitches green bank to finance renewable energy, EVs and climate tech

Industry body PHDCCI has suggested that the government set up a dedicated Green Bank or Climate Finance Facility in the upcoming Union Budget to help channel private capital into green technologies such as renewable energy, energy efficiency and electric vehicles, PTI reported.The proposal was made during a pre-Budget interactive session with representatives from the banking,…

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India–US trade talks: Did a missed Modi–Trump call stall the deal? GTRI flags deeper policy gaps

A remark by US Commerce Secretary Howard Lutnick blaming the lack of a personal phone call from PM Narendra Modi for the stalled India–US trade deal does not stand up to scrutiny and diverts attention from substantive policy differences, the Global Trade Research Initiative (GTRI) said in a report released on Friday.In an interview on…

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India outlook: Reforms put wind in its sails amid global headwinds; PMO’s Shaktikanta Das maps the road ahead

India is at the cusp of a historic economic journey, with government policies and reforms giving the country “wind in its sails” even as global trade uncertainties intensify, Principal Secretary to the Prime Minister Shaktikanta Das said on Friday.Delivering the inaugural Bibek Debroy Memorial Lecture, Das said India has emerged stronger from successive global shocks…

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Sensex, Nifty down over 2% in just 5 sessions: All eyes on US Supreme Court ruling on Trump tariffs – what will it mean for markets?

Investors are anticipating that the decision could either trigger a sharp surge in the Sensex and Nifty or exacerbate the turbulence. (AI image) Will the world continue to face US President Donald Trump tariffs or will the Supreme Court in America deem them illegal? It’s an important factor in the minds of investors world over,…

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‘Closely following developments’: India watches proposed US tariff bill on Russian oil buyers; what MEA said

India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…

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Budget 2026: Parliament session from January 28-April 2; to be held in two phases

Finance minister Nirmala Sitharaman with tablet containing Budget documents (File photo) NEW DELHI: Union minister Kiren Rijiju on Friday announced the dates for Parliament’s Budget session, which he said will be held in two phases from January 28 to April 2.“On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu…

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Trade boost: FTAs to open wider markets for agriculture, food processing sectors; Jitin Prasada flags ease-of-business push

The growing number of free trade agreements (FTAs) signed and implemented by India will provide wider market access to the country’s agriculture and food processing sectors, Minister of State for Commerce and Industry Jitin Prasada said on Friday, PTI reported.“We have navigated a series of free trade agreements. Our produce has access to these markets,”…

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