Budget 2026: Rs 1.52 lakh crore locked in Customs disputes; Govt may consider amnesty, duty slab rationalisation

Representative file photo (Budget 2025) With more than Rs 1.52 lakh crore of customs duty locked in litigation, the government may consider introducing an amnesty scheme in the Union Budget for 2026–27 to bring closure to long-pending disputes and provide certainty to businesses, Price Waterhouse & Co LLP said on Thursday, PTI reported.The government could…

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Qualcomm to make India export hub for auto modules, backs AI push: Global CEO Cristiano Amon

Global CEO and President Cristiano Amon In a big affirmation of India’s electronics manufacturing and AI ambitions, American semiconductor giant Qualcomm is all set to sign a deal to contract-manufacture and source automotive module products from India that will be exported across the world, apart from being sold in the domestic market, Global CEO and…

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JPMorgan Freezes Stablecoin Startup Accounts Over Sanctions

JPMorgan Chase has reportedly frozen bank accounts linked to two venture-backed stablecoin startups after identifying exposure to sanctioned and high-risk jurisdictions. The accounts belonged to BlindPay and Kontigo, two stablecoin startups backed by Y Combinator that primarily operate across Latin America, according to a report by The Information. Both companies accessed JPMorgan’s banking services through…

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