US in trouble? Trump flags financial risks if SC strikes down tariffs; trillions in repayments at stake

Representative image (AI-generated) US President Donald Trump on Monday warned that Washington could face severe financial repercussions if the Supreme Court rules his sweeping global tariffs illegal. The warning comes as the country’s top court prepares to hear the high-stakes case this week.In a post on Truth Social, Trump wrote: “If the Supreme Court rules…

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Boeing 737 MAX lawsuits: Second US trial opens over 2019 Ethiopian Airlines crash; Canadian family presses damages claim

A US federal court in Chicago on Monday began hearing a second damages trial against Boeing over the fatal 2019 crash of an Ethiopian Airlines 737 MAX aircraft, as a Canadian plaintiff sought compensation for the loss of multiple family members in the tragedy.The case has been filed by Manant Vaidya, whose sister Kosha Vaidya…

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‘Fed’ up Trump launches probe into central bank chief

The TOI correspondent from Washington: US President Donald Trump is on the warpath against Venezuela, Cuba, Iran, Greenland — and the Federal Reserve. In a move that has rattled financial markets and political circles alike, the Trump administration’s Justice Department has launched a criminal investigation into Federal Reserve Chair Jerome Powell, marking an unprecedented clash…

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Trump’s new attack on US Federal Reserve revives ‘Sell America’ trade – why stock market strategists are worried about deeper selloff

Pressure linked to the ‘Sell America’ narrative is unlikely to fade. (AI image) US President Donald Trump’s fresh attack on the Federal Reserve seems to have revived the ‘Sell America’ sentiment in the stock market and strategists and market experts are warning that the selloff may deepen over time if the tiff between the government…

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Budget 2026: Top 4 things FM Sitharaman should do for gold loan NBFCs

Budget 2026 should introduce a gold-linked credit line via UPI, enabled for NBFCs. (AI image) By George Alexander MuthootUnion Budget 2026 comes at a critical juncture for India’s growth journey. With political stability, resilient macro fundamentals and strong domestic demand, the government has an opportunity to deepen financial inclusion while accelerating credit-led growth. For the…

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It’s a first! Budget 2026 to be presented on a Sunday; Lok Sabha speaker Om Birla confirms date

Budget 2026: For the first time, the Union Budget will be presented on a Sunday! Lok Sabha Speaker Om Birla on Monday confirmed the date for Budget 2026, saying that the Union Budget will be announced on Sunday, February 1.The upcoming Union Budget will be presented by Finance Minister Nirmala Sitharaman, marking the eighth time…

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India-Germany trade: PM Modi, German chancellor Merz meet CEOs; aim to boost India-Germany economic ties

PM Modi on Monday hailed the growing strength of India-Germany ties, highlighting that bilateral trade between the two countries had crossed the 50 billion dollar mark. “Our bilateral trade has reached its highest level ever, surpassing the 50 billion dollar mark. More than 2,000 German companies have a long-standing presence in India. This reflects their…

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Stocks to buy: What’s the outlook for Nifty for the week starting January 12, 2026? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Alkem Laboratories, and MTAR Technologies. Here’s his view on Nifty, Bank Nifty for the week starting January 12, 2026:Nifty View:Last week began on a euphoric note…

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‘On its way to US’: Trump makes big claim on Venezuela oil; says ‘yes’ to 50 million barrels worth $4.2bn

Washington is working “along really well” with Venezuela, US President Donald Trump said on Sunday (local time), pointing to oil shipments from the country. Speaking to reporters aboard Air Force One, Trump was talking about US’s approach towards the new leadership in Caracas after Nicolas Maduro was captured by American forces. “Venezuela is really working…

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