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Subscribe to enjoy similar stories. Last night US President Donald Trump announced – unilaterally – that India has agreed to take its tariffs “way down". For those of us who had hoped reality would somehow turn out more sober than Trump’s rhetoric suggests, his shock decisions have been a rude awakening.

Karnataka chief minister Siddaramaiah's statement during his budget presentation Friday has raised uncertainty and concern within the industry. PVR INOX, which operates 215 screens in Karnataka out of its total 1,728, will wait for a government order and assess its conditions before evaluating its position, said chief executive Pramod Arora. He also cautioned that implementation of such a cap would also hurt the state’s tax revenue.

Sandeep Dikshit on Saturday questioned the implementation of the BJP's financial aid scheme of providing Rs 2,500 per month to women in Delhi and said that the scheme compromises 60 per cent of the national capital's budget. «If they fulfil that promise, we will welcome it. However, there is only one question: Where will the funds for this come from? The BJP had said that every woman above the age of 18 would be given this honour. If we go by the Election Commission's data, there were approximately 72 lakh female voters in Delhi. The total cost for this comes to around Rs 21,600 crore. Now, considering the entire development budget is 37,000 crore, which includes hospitals, schools, and subsidies, how can you allocate around 60 percent of the budget to just one scheme?» Dikshit told ANI. «I hope that the money spent by the Delhi government will not compromise development,» the Congress leader said.

Sandeep Dikshit on Saturday questioned the implementation of the BJP's financial aid scheme of providing Rs 2,500 per month to women in Delhi and said that the scheme compromises 60 per cent of the national capital's budget. «If they fulfil that promise, we will welcome it. However, there is only one question: Where will the funds for this come from? The BJP had said that every woman above the age of 18 would be given this honour. If we go by the Election Commission's data, there were approximately 72 lakh female voters in Delhi. The total cost for this comes to around Rs 21,600 crore. Now, considering the entire development budget is 37,000 crore, which includes hospitals, schools, and subsidies, how can you allocate around 60 percent of the budget to just one scheme?» Dikshit told ANI. «I hope that the money spent by the Delhi government will not compromise development,» the Congress leader said.

As you begin to prepare your 2024 tax return in the days ahead, you should pay close attention to a seemingly innocuous question on page 2 of the return. The question asks whether you owned or held “specified foreign property” where the total cost amount of all such property, at any time in 2024, was more than $100,000. If the answer is yes, the return instructs you to complete Form T1135, Foreign Income Verification Statement.

Costco Wholesale Corp. says it is looking to reduce its reliance on Canadian products in its stores in the United States in response to tariffs from U.S. President Donald Trump.

A new documentary titled «Tune Out The Noise» brings together some of the academic heavyweights whose work reshaped the financial industry and helped lower costs for all investors.

Subscribe to enjoy similar stories. President Trump on Thursday suspended for one month the 25% tariffs he placed on Mexican and Canadian products earlier this week. But there’s a catch: The deal only applies to goods that had been traded duty-free under a 2020 North American trade agreement.

electric vehicle revolution is not just about sleek designs and impressive range figures—it's about ensuring that battery systems remain safe, efficient, and long-lasting. This can be done by leveraging advanced machine learning (ML) and statistical models, built on real-world battery data, to predict state-of-health (SoH) and state-of-charge (SoC), deliver timely alerts, and optimize battery performance.

Narendra Modi on Friday sounded alarm over the increasing cases of obesity in India and urged citizens to cut down on their cooking oil consumption to tackle the crisis. Quoting a report by the Lancet journal, Modi said that 44 crore Indians were at the risk of getting obese and called it a 'dangerous' prediction. «A report says by 2050, 44 crore Indians will be obese, which is dangerous,» said PM Modi.

Donald Trump's push to boost American production and exports, ToI reported. However, across-the-board duty reductions may not necessarily translate into higher US shipments to India, as companies are likely to source goods from more competitive markets like China or Southeast Asia. Despite the tariff debates, American brands such as Harley-Davidson and Tesla do not currently manufacture vehicles in the US for export to India. Harley-Davidson, a brand often associated with US presidents, imports its motorcycles from Thailand, while Tesla—on the verge of entering the Indian market—plans to ship its electric vehicles from Germany after Indian authorities discouraged imports from China. Locational advantages, lower freight costs, and economies of scale make it more profitable for companies to manufacture in other countries rather than the US. Many firms also take advantage of India's free trade agreements to ship goods at zero duty.

Subscribe to enjoy similar stories. BENGALURU : Multi-brand restaurant operator Rebel Foods, which is gearing up for a public-market listing in 2025-26, expects its newly launched 15-minute food delivery service ‘Quickies by EatSure’ to be a major growth driver in coming years, EatSure’s co-founder and chief executive Sagar Kochhar told Mint in an interview. The Mumbai-based company sees a massive opportunity in quick food deliveries and believes it has the right to win in the category thanks to its well-established model comprising offline eateries as well as cloud kitchens, which allow it to offer a full-stack setup with access to multiple brands such as Faasos, Behrouz Biryani, and Wendy’s, Kochhar said.

Subscribe to enjoy similar stories. This week, the new US president addressed the US Congress in what turned out to be the longest speech in history. Apart from talking about immigration, geopolitical conflicts and making America great again, Donald Trump reiterated his strong stance on tariffs.

H-1B visa registration process for the fiscal year 2026 begins today, March 7, 2025, and will continue until March 24, 2025. US employers looking to hire skilled foreign workers in fields such as IT, healthcare, and engineering must complete the registration process within this period. The US Citizenship and Immigration Services (USCIS) has introduced major changes this year, including a significant fee hike and a beneficiary-centric selection process.

Anand Ramakrishnan, Managing Director, EQ India

strategic Bitcoin reserve and a stockpile of other digital assets, according to a post on X by White House crypto czar David Sacks. Bitcoin and other tokens fell as Sacks said that taxpayer money would not be spent to acquire cryptocurrencies for either.

Subscribe to enjoy similar stories. Trump, while addressing a joint session of the US Congress, labelled tariffs, or import duties, imposed by various nations on goods exported by the US as “very unfair". He also singled out “higher than 100%" tariffs that he said India currently imposes on automotive imports from the US.

Walgreens Boots Alliance says it has agreed to be acquired by the private equity firm Sycamore Partners as the struggling retailer looks to turn itself around after years of losing money

On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior

Subscribe to enjoy similar stories. Indians have long had a confrontational relationship with the nation’s tax office, whose adversarial approach has crushed countless small businesses and international investors. This was meant to be the year the government fixed all that and repaired relations with taxpayers.