While backing RBI’s latest rate cut, FM said the Indian economy would require support from both the central bank and the ministry to maintain growth in the face of global uncertainties induced by the US tariff hikes.
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The 90-day breather would apply to reciprocal and 10% tariffs, Trump said. His sudden backtracking came less than 24 hours after sharp new tariffs kicked in on imports from multiple trade partners.
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The US-China tariff war has significantly slowed fresh orders to Chinese manufacturers as global supply chains are reset following reciprocal tariffs imposed by the US, with the highest on China at 125%. Lower US demand for Chinese electronics goods will…
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Sebi clarifies that the ₹10 lakh minimum investment in SIFs applies at the PAN level, excluding mandatory AMC employee investments. Rules on maturity of securities in interval schemes won’t apply to SIF interval strategies. 1 These provisions are effective immediately.
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India’s move to raise the safe harbour tax threshold for Global Capability Centres (GCCs) to Rs 300 crore has disappointed the industry. Experts say it’s insufficient, fails to reflect inflation or GCC growth, and won’t ease litigation or improve ease…
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The president hit pause in the face of intense pressure created by volatile financial markets that had been pushing Trump to reconsider his tariffs, even as some administration officials insisted the his reversal had always been the plan.
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