Business

“I can do anything I want,” declared Donald Trump, quickly venting his anger at the US Supreme Court’s landmark ruling on February 20 rebuking his use of emergency powers to impose sweeping import duties, one of the most consequential defeats of his second term.The ruling invalidated his use of emergency powers to impose the largest…

The European Union has sought “full clarity” from the United States and urged Washington to honour agreed trade commitments after the US Supreme Court struck down some of President Donald Trump’s sweeping tariffs, raising fresh uncertainty over trans-Atlantic trade ties, AP reported.The European Commission said the evolving situation risks undermining the framework for “fair, balanced,…

Rising geopolitical tensions in the Middle East and renewed global trade uncertainty following US President Donald Trump’s tariff decisions are expected to keep gold and silver prices on an upward trajectory next week, analysts said.Investors have increasingly moved towards safe-haven assets amid volatility triggered by fresh tariff measures and escalating global risks, with market participants…

By retaining mandatory PAN quoting for high-value deals, the government builds a more robust audit trail. (AI image) Draft income tax rules 2026: The Income Tax Department recently released the draft income tax rules in line with the New Income Tax Act. There are several changes in the draft rules pertaining to the requirement of…

India’s largest public lender, State Bank of India (SBI) has set a target to increase the share of green advances in its loan portfolio to 7.5–10 per cent by 2030 as part of efforts to support India’s transition towards sustainable financing and low-carbon growth.The country’s largest lender said 25 per cent of these green advances…

The EU-India Free Trade Agreement is expected to open significant opportunities across trade, artificial intelligence and resilient supply chains, Austria’s State Secretary in the Federal Chancellery Alexander Proll said, describing the pact as a major step forward in economic cooperation.In an interview with PTI, Proll called the agreement a transformative arrangement that could benefit nearly…

Major US airlines have expressed concern over travel disruptions after the Department of Homeland Security (DHS) decided to temporarily suspend its PreCheck and Global Entry programmes amid an ongoing government shutdown.The suspension will take effect from 6 a.m. ET (1100 GMT) on Sunday, days after a partial shutdown began following the failure of Republicans and…

The Reserve Bank of India has developed a high security data center in Bhubaneswar, in a move to safeguard critical financial systems and ensuring the continuity of its core operations. The location was chosen to minimise exposure to cross-border threats and seismic risks. The new greenfield facility, spread across 18.55 acres at Info Valley-II, Khordha,…

India’s leading fast-moving consumer goods companies expect growth to shift towards volumes in FY27, as easing inflation and softer commodity prices begin to reduce cost pressures and support margin recovery.Industry executives said the operating environment has turned more favourable after several volatile quarters, with mid- to high single-digit volume growth already reported by major FMCG…

MUMBAI: The Haryana govt has tightened rules governing the handling of public funds and banking relationships, issuing revised instructions to departments on Feb 18, 2026.In an order issued by the additional chief secretary, the finance department laid down fresh conditions for opening bank accounts, managing deposits and ensuring stricter oversight.Under the new norms, administrative secretaries…