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What is Section 122 of the US Trade Act of 1974, Trump’s latest tariff weapon for 10% extra duty on the world

President Trump announced a 10% global tariff under Section 122 of the Trade Act of 1974, shifting from the International Emergency Economic Powers Act (IEEPA) after a Supreme Court ruling. This new measure, permitted for temporary import surcharges due to…

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India-US trade deal unchanged, New Delhi still pays tariffs, Trump says

President Donald Trump has confirmed that tariffs on India will stay at 18 percent. This decision comes after a recent legal challenge to his wider tariff policies. India will not see any immediate changes to the current trade terms. Washington…

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Trump announces 10% global tariff on top of existing duties after Supreme Court setback

The Supreme Court struck down President Trump’s global tariffs, ruling he exceeded his authority by invoking the International Emergency Economic Powers Act. Trump expressed deep disappointment and shame, calling the decision “unpatriotic” and alleging foreign influence. The ruling limits presidential…

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India's privacy law must remain pragmatic to avoid chilling innovation: Jules Polonetsky

Polonetsky, a former New York state legislator and the ex-chief privacy officer at AOL, said that overly rigid notification rules and an over-reliance on consent as the sole ground for processing data could create “serious challenges” for companies.

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US Supreme Court strikes down Trump's tariff on global trade

The US Supreme Court on Friday delivered a significant blow to President Donald Trump’s economic policies, invalidating most of his sweeping tariff measures. The court ruled that the President lacked the authority under the 1977 International Emergency Economic Powers Act…

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We want innovation to flourish, but not at cost of "market integrity": SEBI Chairman

“We are guided by the philosophy of optimum regulation. We want the innovation and market development to flourish, but not at the cost of market integrity or your protection. Cyber fraud will continue to increase as digital channels become more…

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News

  • New NPS exit rules explained: Retiring soon? How much you can withdraw and when

    The National Pension System has updated withdrawal rules, allowing more flexibility for subscribers until 2026. Government employees exiting prematurely must use 80% of their accumulated pension wealth for an annuity, while those with an APW of ₹5 lakh or less can withdraw fully in a lump sum.

  • Can American customers expect any benefit as US companies seek tariff refunds?

    The US government has launched the CAPE portal for businesses to apply for tariff refunds after SCOTUS deemed Trump's tariff regime illegal. However, companies are unlikely to pass on the benefit to Americans.

  • Senior Citizen Savings Scheme vs Fixed Deposits: Which gives better interest rates over five-year investment period?

    Among the safest investment tools in India, bank deposits and the government's Senior Citizen Savings Scheme (SCSS) are the preferred choice for retired investors seeking steady payouts and guaranteed returns.

  • Direct funds vs regular funds: Differences, key things to remember, and which option investors should choose

    Direct funds are plans where investors apply directly with a fund house without an agent, bank or broker. While this eliminates commission fees, they demand more markets knowledge from investors. Here's what you need to keep in mind…

  • Mutual fund investment: From expense to risk — These are the factors you must consider before choosing a fund

    Mutual fund investments are considered among the best ways for an ordinary investor to book capital gains. However, there are varying levels of risk attached based on the type of scheme. Here's what you should consider before picking one.

  • DA hike: Finance Ministry increases Dearness Allowance for central govt employees by 2% wef 1 January 2026

    The Ministry of Finance on 22 April announced revision of rates of Dearness Allowance (DA) for central government employees, effective from 1 January 2026. Here's all we know so far…

  • Savings of ₹50 lakh? How inflation and lifestyle determine if your money lasts or runs out

    A big reality check on ₹50 lakh in savings in India shows how inflation, lifestyle expenses, and location determine how long the corpus lasts and whether it builds long-term financial security. 

  • Income-tax returns: Here's how to declare gifts, mutual fund and share transfers in ITR form

    Recipients of significant financial gifts from relatives should disclose these in their ITR to ensure transparency. Proper reporting and retention of documents can prevent tax queries or notices from the tax department in the future.

  • Indian retail portfolios are no longer insulated from global shocks

    As the correlation between Indian and US markets hits record highs, the hidden global risks embedded in domestic stocks are making traditional diversification strategies obsolete.

  • In a fragile world, how anti-fragile is your portfolio?

    The world is unpredictable—build a portfolio that benefits from shocks. 

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