US sanctions 6 Indian firms for Iran oil trade. The U.S. State Department announced sanctions on multiple companies based in India, the United Arab Emirates, Türkiye, and Indonesia. According to the State Department, the targeted firms played a crucial role in facilitating trade that violates U.S. sanctions imposed on Iran’s petrochemical sector. The action is […]
New UPI Rules Limit Balance, Auto-Pay August 1. Starting August 1, new UPI rules will limit the number of balance checks and auto-pay request timings per app. This aims to reduce server load and improve system efficiency across the digital payment ecosystem. Mumbai: New UPI Rules from August 1 to Improve Safety, Speed, and Reduce
Trump: India May Face 20–25% Tariff Soon. Trump Suggests India Could Face 20% to 25% Tariff, But Says Final Decision Still Pending In a move that could have significant economic and diplomatic implications, U.S. The comment came during a press interaction, where Trump was asked about potential tariff rates being considered as part of ongoing
Rupee weakens, settles at 86.52 per dollar. Foreign institutional investors (FIIs) continued their selling streak in the Indian equity markets, offloading shares worth ₹1,979.96 crore on a net basis this Friday, according to data released by the stock exchanges. This move reflects cautious sentiment among global investors amid rising uncertainties in the financial markets. The
India, UK sign trade deal: Cheaper imports. India and the United Kingdom have signed a landmark trade agreement that is set to reduce tariffs on a range of British products, including whisky, luxury cars, and various cosmetics. The move is expected to lower prices for Indian consumers while giving British exporters easier access to one
PayPal, NPCI partner to enable global UPI payments. In a significant move towards enhancing cross-border payments, Indian consumers can now use UPI (Unified Payments Interface) for seamless and hassle-free international transactions, thanks to a new partnership between PayPal and the National Payments Corporation of India (NPCI). This integration allows users to make global purchases and
PayPal, NPCI partner to enable global UPI payments. Read More »
India extends Pakistan airspace ban till August 24. India has extended its ban on Pakistani aircraft from using Indian airspace until August 24. This move is part of a series of stringent measures taken by the Indian government in response to the recent terror attack in Pahalgam, Jammu and Kashmir, which claimed the lives of
India extends Pakistan airspace ban till August 24. Read More »
Europe Sanctions Threaten Nayara Energy Sale Prospects. Here’s a detailed and clear explanation of the issue without links, capturing the human and strategic dimensions: The European Union has, for the first time, imposed sanctions directly affecting an Indian company—Nayara Energy, one of India’s major private refiners. This move comes under the EU’s 18th sanctions package
Europe Sanctions Threaten Nayara Energy Sale Prospects. Read More »
India-US trade deal pending, Trump confident on access. Donald Trump announced that the United States has successfully reached a trade agreement with Indonesia following a conversation with the country’s President, Joko Widodo, who is also known as Prabowo Subianto. The agreement marks a significant development in strengthening economic ties between the two nations. Trump emphasized
India-US trade deal pending, Trump confident on access. Read More »
Trump imposes 35% Canada tariffs, warns harsher retaliation. In a significant escalation of the ongoing trade conflict, United States President Donald Trump has declared the imposition of a 35% tariff on all goods imported from Canada. The new tariff policy will officially take effect on August 1. Trump stated that this bold economic measure is
Trump imposes 35% Canada tariffs, warns harsher retaliation. Read More »
