Trump has repeatedly called BRICS a group that is ‘anti-US’, saying that it aims to destroy the dominance of the dollar. (AI image) US President Donald Trump’s move to impose 25% tariffs on India may have its reasons rooted in political issues, says an SBI Research report. India and the US have been engaged in…
VinFast in Chennai with its biggest showroom in India (Credit: VinFast Fb account) VinFast Auto India, a Vietnamese electric vehicle company, opened its largest retail outlet in Chennai, marking its second showroom in the country, as announced by a company representative, quoted by news agency PTI.The 4,700 sq ft showroom, situated in Teynampet, represents the…
The United States has implemented a uniform 25% duty on all goods originating from India, taking effect August 7. (AI image) Donald Trump’s 25% tariff on India: The Narendra Modi government is urging exporters to develop and market domestic brands as a response to the 25% by the Donald Trump administration. Additionally, it has requested…
In an unprecedented move, Boeing Co.’s defence workers in St. Louis have initiated their first strike in nearly 30 years after rejecting the company’s revised contract proposal.Approximately 3,200 machinists ceased work at midnight following their rejection of an offer featuring a 20% wage increase and enhanced retirement benefits. The last strike action occurred in 1996,…
Multiple tankers offloaded millions of barrels of Russian crude at Indian refineries during the weekend. (AI image) Despite growing pressure from the Donald Trump administration and the European Union, India continues to get crude oil from Russia. Multiple tankers offloaded millions of barrels of Russian crude at Indian refineries during the weekend, indicating that these…
The Income Tax Department has awarded the PAN 2.0 modernisation contract to IT services major LTIMindtree, with the new system is expected to go live within 18 months, PTI reported citing a government official. The PAN 2.0 platform will serve as a one-stop solution for all matters related to Permanent Account Numbers (PAN) and Tax…
Indian property buyers in Dubai are facing regulatory challenges after using international credit cards (ICCs) for property purchases. They opted for this payment method through builder-shared links or during UAE visits, making down payments and instalment payments.The process appeared straightforward, avoiding bank paperwork and potentially circumventing the 20% tax-collected-at-source (TCS). However, they allegedly misused ICCs,…
Prime Minister Narendra Modi will inaugurate a new residential complex in August on Baba Kharak Singh Marg, featuring 184 large and spacious flats for Members of Parliament, partially addressing the requirement for accommodation in Lutyens’ Delhi, according to a TOI report by Dipak Dash. Over the past few years, the government has constructed supplementary housing…
NEW DELHI: A joint platform of the Samyukt Kisan Morcha (SKM) and ten central trade unions on Monday announced a nationwide protest on August 13 against the proposed 25 percent US tariff and the recently signed India-UK Comprehensive Economic and Trade Agreement (CETA).In a joint statement, the CTUs-SKM criticised US President Donald Trump’s tariff threat…
India has emerged as the world’s fifth largest aviation market, handling 241 million passengers in 2024, while the Mumbai–Delhi route ranked 7th among the world’s busiest airport pairs, according to the World Air Transport Statistics (WATS) released by the International Air Transport Association (IATA).India’s passenger numbers grew 11.1% over 2023, when it handled 211 million…
