The US Supreme Court on Friday struck down a series of sweeping tariffs imposed by President Donald Trump, ruling that he exceeded his authority under emergency economic powers. However, the decision does not affect several sector-specific duties that remain in place.In a 6-3 ruling, the conservative-majority court held that the International Emergency Economic Powers Act…
NEW DELHI: IndiGo has finally started acting against officials who were seen to be responsible for last Dec flight fiasco. The airline on Friday appointed Captain Rohit Rikhye as the head of its operations control centre (OCC), removing Jason Herter from the position. The Directorate General of Civil Aviation (DGCA) had in its report on…
A purpose-built AI security agent detected vulnerabilities in 92% of exploited DeFi smart contracts in a new open-source benchmark. The study, released Thursday by AI security firm Cecuro, evaluated 90 real-world smart contracts exploited between October 2024 and early 2026, representing $228 million in verified losses. The specialized system flagged vulnerabilities tied to $96.8 million…
NEW DELHI/MUMBAI: One of the three US-sanctioned Iran-linked oil tankers seized by the Indian Coast Guard (ICG) on Feb 6 off the country’s coast had spent days inside Pakistan’s maritime boundary with its tracking systems switched off, according to an FIR registered in Mumbai.The ICG had seized three ships — Asphalt Star, Stellar Ruby and…
“I can do anything I want,” Donald Trump declared in his address as his first reaction to the Supreme Court’s landmark ruling on Friday, a major setback to his second stint in the presidency.“There are methods that are even stronger available to me,” he said in his White House address.Trump also said he was “absolutely…
JAMMU: Border Roads Organisation completed snow clearance on National Highway 701A (Old Mughal Road), and two of its stretches were opened on Friday, ahead of schedule. These roads usually open around March-end.BRO teams cleared the stretch from Bufliaz (Poonch) to Peer Ki Gali (Poonch) under Project Sampark, and the stretch from Shopian to Peer Ki…
India found itself directly referenced in a landmark US Supreme Court judgment limiting presidential tariff authority, after justices examined how tariffs imposed under emergency powers were used as tools of foreign policy– including pressure linked to Russian oil imports.The ruling in Learning Resources, Inc. v. Trump held that the International Emergency Economic Powers Act (IEEPA)…
The Income Tax Department has cautioned taxpayers against a surge in refund-related fraud attempts, warning that scammers are exploiting delays and heightened expectations around tax refunds through fake emails, phone calls and SMS messages.In a message posted on X, the department urged taxpayers not to share one-time passwords (OTPs), bank details or personal information in…
MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
The Dubai Land Department (DLD) and tokenization firm Ctrl Alt unveiled a secondary market for real estate-backed tokens, enabling the resale of $5 million in fractional property ownership in an announcement on Friday. Roughly 7.8 million tokens tied to ten Dubai properties are now eligible for trading within a controlled market environment. Transactions will take…
