Trade impact: Mexico’s tariff hike to hit 75% of India’s exports; duties to rise up to 50% from Jan 2026

Mexico’s steep tariff increase on imports from countries without a free-trade agreement will significantly disrupt India’s exports from January 1, 2026, the Global Trade Research Initiative (GTRI) has said, warning that nearly three-quarters of outbound shipments will come under sharply higher duties, ANI reported.Mexico has decided to impose duties of up to 50% on goods…

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US rental aid update: Section 8 landlord payments resume after shutdown delay; $1,500 checks begin rolling out

Americans are being advised to monitor their bank accounts as landlord subsidy payments of up to $1,500 under the Section 8 rental assistance programme begin to roll out, following delays triggered by the recent federal government shutdown, according to an ET report. The payments, formally known as Housing Assistance Payments, support low-income households, seniors and…

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US markets today: Wall Street holds firm, Lululemon jumps on CEO exit; AI stocks slip with Broadcom

Most US stocks rose on Friday even as artificial-intelligence names came under renewed pressure, keeping Wall Street’s benchmark indices near record highs, AP reported.The S&P 500 dipped 0.1% in early trade, retreating slightly from its all-time high, while the Dow Jones Industrial Average gained 103 points, or 0.2%. The Nasdaq composite fell 0.4% as selling…

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Coal policy reform: Cabinet okays CoalSETU window for auction-based linkages; new route to allow industrial use and export

The Cabinet Committee on Economic Affairs on Friday approved a new policy framework called the CoalSETU window, creating an additional auction route for long-term coal linkages for any industrial use and exports, according to an official release.The decision modifies the existing Non-Regulated Sector (NRS) Linkage Auction Policy of 2016, which restricts linkages to specified end-use…

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Forex monitor: India’s reserves rise by $1 bn; gold holdings jump sharply as overall kitty hits $687.26 bn

India’s foreign exchange reserves rose by USD 1.033 billion to USD 687.26 billion in the week ended December 5, the Reserve Bank of India (RBI) said on Friday. This comes after the previous reporting week saw a decline of USD 1.877 billion, PTI reported. According to the RBI’s weekly statistical data, foreign currency assets —…

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Copra price boost: Govt hikes Copra MSP for 2026 season; farmers to get up to Rs 12,500 per quintal

The Centre government on Friday approved higher Minimum Support Prices (MSP) for copra for the 2026 season, in line with the government’s policy of fixing MSPs at least 1.5 times the all-India weighted average cost of production.The MSP for Fair Average Quality milling copra has been set at Rs 12,027 per quintal, while ball copra…

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Retail inflation sees uptick: CPI inflation rises to 0.71% in November; up from 0.25% in October

CPI inflation: The Consumer Price Index (CPI) inflation for the month of November 2025 increased to 0.71% compared to 0.25% in October. The headline inflation has shown an uptick of 46 basis points from October 2025 to November 2025.The All India Consumer Food Price Index (CFPI) shows a year-on-year inflation rate of -3.91% (Provisional) for…

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Silver prices cross Rs 2 lakh mark! MCX Silver futures hit all-time high of Rs 2,00,362 per kg; what’s the outlook?

Market experts suggest that silver will achieve higher values. (AI image) Silver price today: Silver prices crossed the milestone of Rs 2 lakh per kg on Friday, driven by robust investor interest and favourable global market conditions. The white metal futures continued their upward trajectory for the fourth straight day, with March delivery contracts increasing…

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The TerraUSD scam: South Korean entrepreneur Do Kwon faces 15 year jail time; what was the ‘epic fraud’?

Do Kwon, a cryptocurrency entrepreneur once celebrated for building the TerraUSD and Luna digital tokens, is now beginning a 15-year stretch in a US federal prison. But how did the South Korean businessman ended up with a jail sentence? The 34-year-old, who co-founded Singapore-based Terraform Labs and promoted his coins as stable, innovative and built…

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Silver price today: Silver crosses Microsoft’s m-cap to become fifth-largest asset in the world; check details

Silver has evolved from a stable commodity to become one of the most significant and monitored assets globally. (AI image) Silver price today: Silver has surpassed Microsoft to claim the spot of fifth-largest asset globally by market capitalisation, establishing a significant milestone for this precious metal. The performance of silver in 2025 has been notable….

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