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)…

Read More

Trump tariffs trashed: US businesses fret as court ruling ‘worryingly silent’ over refunds

Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said Trump…

Read More

No cash payments at highway tolls from April 1? NHAI weighs FASTag, UPI-only payments

National Highaways (File photo- PTI) Commuters on National Highways may soon have to rely entirely on digital payment modes at toll plazas, as the National Highways Authority of India (NHAI) is considering phasing out cash transactions nationwide.Post implementation, all toll payments at National Highway fee plazas will be processed exclusively through digital modes using FASTag…

Read More