Some of the top Democratic lawmakers in the House are celebrating the Supreme Court’s decision striking down President Donald Trump’s global tariffs. Rep. Richard Neal, the ranking Democratic lawmaker on the House Ways and Means Committee, calls the decision “a victory for the American people, the rule of law, and our standing in the global…
Mines Minister G. Kishan Reddy at a critical minerals summit of the industry body Federation of Indian Chambers of Commerce & Industry (FICCI). Photo: X/@kishanreddybjp India will commence production of rare-earth permanent magnet within this year, Union Minister for Mines G. Kishan Reddy stated Thursday (February 19, 2026). Rare-earth permanent magnets are among the strongest…
Reserve Bank of India. File Picture | Photo Credit: Reuters Reserve Bank of India (RBI) has deferred the implementation of Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivatives to obtain a comprehensive view of the market to January 2027, the banking regulator said in a statement. “At present, all transactions in OTC markets for…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S.. File | Photo Credit: Reuters U.S. President Donald Trump can reduce tariffs on imports from India to 18% from the current 25% without the need of a fresh…
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday (February 18, 2026), driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29 points, or 0.34%, to settle at 83,734.25 in a volatile trade. During the day, it touched an intraday high of…
FILE – 1 Ounce Fine Gold Coins are displayed in the safe deposit boxes room at the Pro Aurum gold house in Munich, Germany. | Photo Credit: AP Gold (Aurum or Au) is a chemical element on the periodic table, and a metal known for its bright yellow colour and shine. A natural occurrence in…
India’s textile sector has been steadily losing ground in global export markets. In contrast, Bangladesh has woven together a remarkable export success. Given the recently signed India-EU Free Trade Agreement (FTA), and with Bangladesh poised to lose its Least Developed Country (LDC) status, this is an opportune moment for India’s textile industry. Within the textile…
India’s direct tax system has undergone a significant expansion over the last decade, marked by a sharp rise in the number of taxpayers as well as sustained improvements in administrative efficiency. Time-series data released by the Income-Tax Department indicate that this expansion has been broad-based and persistent, reflecting deeper formal participation rather than a short-lived…
The rupee opened at 90.72 against the U.S. dollar and moved in a tight range, touching a high of 90.64 and a low of 90.78 in intraday deals. File | Photo Credit: Reuters The rupee gained 5 paise to settle at 90.69 (provisional) against the U.S. dollar on Tuesday (February 17, 2026), backed by positive…
PDP legislator Waheed-ur-Rehmaan Parra. File. | Photo Credit: IMRAN NISSAR The Peoples Democratic Party (PDP) on Tuesday (February 17, 2026) demanded an all-party meeting in the Assembly on Kashmir’s apple crisis in the wake of the India-U.S. trade deal. Speaking in the House, PDP leader and legislator Waheed-ur-Rehmaan Parra said the all-party meeting was important “to…
