India-US trade deal: Modi government eyes tariff cuts on more than half of US imports worth $23 billion, says report

WTO data indicates the U.S. trade-weighted average tariff stands at 2.2%, whilst India’s is 12. (AI image) India is willing to reduce tariffs on over 50% of American imports valued at $23 billion during the initial stage of a trade agreement under negotiation between the two countries, two government officials told Reuters. This significant reduction…

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Mahila Samman Savings Certificate: Last few days left to get 7.5% interest for two years – top facts about post office savings scheme

Mahila Samman Savings Certificate scheme maintains strict eligibility criteria, permitting only women and girls to participate. (AI image) Mahila Samman Savings Certificate is a government-endorsed post office small savings scheme created exclusively for women and girls, offering them a reliable and beneficial investment avenue. This initiative, introduced to strengthen financial inclusion and women’s economic independence,…

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Australian Federal Budget 2025-26: Australia’s 2025-26 Budget: Tax cuts, student debt relief and housing — All you need to know

This is an AI-generated image, used for representational purposes only. (Picture credit: DALL-E) The Australian government has unveiled its 2025-26 federal budget, focusing on cost-of-living relief, tax cuts, and support for households, students and businesses.With a general election approaching, Australia’s treasurer Jim Chalmers introduced several measures aimed at easing financial pressure on Australians while addressing…

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India orders Samsung, its executives to pay $601 million in back taxes and penalties for telecom imports: Report

The tax demand constitutes a significant portion of Samsung’s net profit in India, which stood at $955 million last year. (AFP Photo) India’s tax authorities have demanded Samsung and its local executives to pay $601 million as back taxes and penalties for allegedly evading tariffs whilst importing essential telecommunications equipment, a Reuters report says. This…

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Are your bank deposits insured if bank fails? Up to Rs 5 lakh deposit insurance scheme explained

Small depositors have protection through the DICGC’s (Deposit Insurance and Credit Guarantee Corporation) deposit insurance programme. Are your bank deposits insured if your bank fails? The recent news around IndusInd Bank has raised concerns about the safety of deposits. The Reserve Bank of India (RBI) has been quick to reassure bank customers that their deposits…

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US stock market bounce back after shaking off 4-week losing streak as tariff worries subside

US stock market (Photo-AP) Stocks rose in morning trading (US local time) as Wall Street attempts to navigate uncertainty amid an ongoing trade war. The S&P 500 jumped 1.1%, coming off its first winning week after a four-week losing streak. The Dow Jones Industrial Average rose 0.7%, while the Nasdaq composite gained 1.5%. Wall Street…

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Indian stock markets reverse 2025 losses! Bulls party as foreign investors return to D-Street – but is the rally sustainable?

FPIs bought Indian equities in three out of five trading sessions last week. (AI image) Indian stock markets have reversed the 2025 losses in the last six trading sessions. While BSE Sensex is marginally down from its December-end closing, Nifty50 has turned positive for the calendar year 2025. Stock market investors’ wealth has risen by…

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