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PM Modi and Trump (File photo) US President Donald Trump on Monday announced a trade deal with India, months after Washington imposed steep tariffs of up to 50 per cent on Indian goods, including penalties linked to New Delhi’s purchase of Russian crude. Announcing the agreement on his social media platform Truth Social, Trump said…
The special Budget-day trading session on Sunday proved a painful one for the markets, which were left shell-shocked by the hike in Securities Transaction Tax (STT) on derivatives. This led to a sharp sell-off that pulled the sensex down by over 1,500 points — its biggest points loss on a Budget day — to close…
Legendary playback singer S. Janaki’s son, Murali Krishna, passed away unexpectedly on January 22 due to a heart attack. The film fraternity and fans are mourning the loss of Murali Krishna, who shared a passion for Tamil and Telugu films and was living with his mother. Many are extending their sympathies to the veteran singer…
CHENNAI: Expressing concern over live-in relationships ‘happening everywhere’ and calling it a ‘cultural shock’, Madras high court said women in such relationships ought to be protected by granting the status of a wife.“Live-in relationships are a cultural shock to Indian society, but they are happening widely everywhere. The girls assume that they are modern and…
Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…
As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
No More Free Hajj: Egypt Changes the Rules for Pilgrims Ahead of 2026 Pilgrimage Ahead of the 1447 AH/2026 Hajj season, the Egyptian government has announced that it will stop providing state-funded free pilgrimage slots. Instead, it will use electronic lottery systems and licensed paid pilgrimage packages. This is a significant change for millions of…
ITC shares slid to a three-year low of Rs 345.35 on Friday, extending a sharp two-day selloff that has erased about 14% of the stock’s value after the finance ministry announced a steep increase in cigarette taxes, triggering widespread analyst downgrades and renewed concerns over volumes and profitability.The Nifty heavyweight fell another 5% on Friday,…
The government’s surprise hike in cigarette excise duties has rattled the investment case for ITC, prompting a wave of brokerage downgrades, earnings cuts and valuation resets as analysts brace for pressure on volumes, margins and long-term profitability.ITC shares tumbled to a three-year low of Rs 345.35 on Friday, extending a two-day rout that has wiped…
Millions of Americans face higher healthcare costs as enhanced Affordable Care Act tax credits expired on January 1, 2026, despite efforts from both Republicans and Democrats to find a solution. The expiration affects over 20 million people who rely on these subsidies, with average premium costs more than doubling for most enrollees.The subsidies were part…
