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…
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…
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…
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…
In a sharp rebuke to his trade agenda, US President Donald Trump lashed out at the Supreme Court of the United States on Friday after it struck down his sweeping global tariffs, calling the decision “ridiculous” and accusing some justices of undermining the country’s economic interests.In a strongly worded response, Trump said those members of…
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…
Qualcomm and Tata Electronics partner to manufacture automotive modules in India New Delhi: Tata Electronics has joined Qualcomm Technologies’ global network of module manufacturing partners to produce advanced automotive module products in India, securing a key anchor customer for its upcoming $3 billion semiconductor assembly and test (OSAT) facility in Jagiroad in Assam. Through its…
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…
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…
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…
