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
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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
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Trump Slaps Tariffs on 14 Nations, Including Allies. This move marks a potentially risky pivot for global trade dynamics, as the imposition of steep U.S. tariffs on 14 countries—including key allies—could trigger retaliatory measures and disrupt existing trade frameworks. Nations now face the challenge of balancing domestic economic priorities with the urgent need to forge
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The “Big, Beautiful Bill” will be signed by Trump on US Independence Day. Just six months into Donald Trump’s second administration, Republicans have secured a landmark victory that is set to reshape the nation’s political landscape. The win comes after months of intense lobbying, strategic maneuvering, and party unity rarely seen in recent years. This
The “Big, Beautiful Bill” will be signed by Trump on US Independence Day. Read More »
India may lose 3,500 millionaires to relocation abroad. India is expected to witness the relocation of around 3,500 millionaires abroad in 2025, reflecting a growing trend among high-net-worth individuals seeking better opportunities, lifestyle, and tax regimes overseas. Among the preferred destinations, the United Arab Emirates (UAE) continues to top the list, attracting Indian millionaires with
India may lose 3,500 millionaires to relocation abroad. Read More »
