Chinese ministry said that unilateral tariffs imposed by the United States breach both international trade norms and US domestic legislation. (AI image) After the US Supreme Court said that US President Donald Trump’s tariffs are illegal, China has urged America to remove ‘unilateral tariff measures’. Soon after the US apex court’s verdict, China said it … Read more
The sons argued that a plain reading of the Tribunal’s order itself showed that the father had been held not entitled to maintenance. (AI image) In a significant ruling interpreting the scope of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, the Bombay High Court has held that not every dispute between … Read more
IDFC First bank has filed police complaints, informed regulators and statutory auditors, and begun recovery measures. The Reserve Bank of India (RBI) on Monday reacted to the IDFC First Bank fraud case that came to light over the weekend. “We are watching the development, there is no systemic issue,” RBI governor Sanjay Malhotra said.The Rs … Read more
Three days after the US Supreme Court struck down President Donald Trump’s tariffs, the customs department has announced the date on which the duty collections will end. The US Customs and Border Protection (CBP) said that it will stop collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) from 12:01 a.m. EST (0501 … Read more
The scale of the suspected fraud is larger than the bank’s third-quarter net profit of Rs 503 crore. (AI image) IDFC First Bank fraud: A Rs 590 crore fraud, at IDFC First Bank’s Chandigarh branch, has led to a massive erosion in investor wealth of over Rs 14,000 crore. The fraud has come to light … Read more
Gold price prediction (AI image) Gold price prediction today: Gold prices suggest an underlying bullish bias, according to Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. The commodities’ expert shares the factors that will guide gold prices in the coming days and key levels to watch out for:Gold breached the $5,000 … Read more
IDFC First Bank stock price today: Shares of IDFC First Bank tumbled on Monday, hitting the 20% lower circuit at Rs 66.85 on the BSE. This sharp selling comes after the bank disclosed a Rs 590 crore fraud at its Chandigarh branch.Around 10:25 am, IDFC First Bank Ltd was trading down 18.84% or 15.73 points … Read more
US President Donald Trump reiterated his claim that Americans could receive a $2,000 payment funded through tariff revenues and the move might not even require congressional approval. Addressing reporters, Trump said strong tariff collections had created sufficient room to consider direct payments to Americans while also helping to reduce the national debt. Responding to whether … Read more
Morgan Stanley has an overweight rating on Reliance Industries (RIL) with the target price at Rs 1,803. Analysts said RIL has pivoted every decade in its nearly 48 years of listed history. Its vision to invest $110 billion in AI, related energy supply and the digital ecosystem over seven years is the next major shift … Read more
MUMBAI: Markets are expected to remain volatile during the week as clarity among Dalal Street investors about the US tariffs on goods exported to the world’s largest economy continues to remain elusive. While most market players feel that the rate of tariff on Indian goods will not be much different from what it was earlier, … Read more