No duty concessions on sensitive grains, fruits, dairy: Highlights from India-US trade deal

NEW DELHI: India and the United States on Saturday announced the framework for an interim trade agreement that will sharply cut US tariffs on Indian goods while easing duties on several American food and agricultural products entering India. The agreement marks a de-escalation of months of trade tensions and sets the stage for a broader…

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Budget eases transfer pricing norms, signals friendlier tax regime for tech MNCs

The Budget has rolled out a sweeping reset of India’s transfer pricing framework, aiming to cut litigation, improve tax certainty and make the country a more attractive base for multinational companies (MNCs) and global capability centres.Presenting the proposals, finance minister Nirmala Sitharaman announced far-reaching reforms to safe harbour rules and Advance Pricing Agreements (APAs), with…

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Evening news wrap: Hardeep Singh Puri responds to Rahul Gandhi’s claim on ‘Epstein meetings’ & more | India News

Images/Agencies Union minister Hardeep Singh Puri hit out at Rahul Gandhi over Congress’s repeated attacks over the infamous Epstein files, saying he met Jeffrey Epstein only “three or four times” in a professional capacity. Leader of the opposition in the Lok Sabha Rahul Gandhi launched a sharp attack on the Union Budget 2026-27, accusing the…

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RBI partially rolls back curbs on rupee derivative trades

MUMBAI: RBI on Monday partially unwound emergency curbs on rupee derivatives, signalling a shift from firefighting to restoring normal market function after a spell of currency volatility.The central bank withdrew its April 1 directive, which had barred banks from offering non-deliverable forwards (NDFs)—offshore rupee derivatives settled in foreign currency—and prevented users from rebooking cancelled forward…

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J&K govt will discuss Kashmiri shawl sellers’ harassment with states concerned, says NC | India News

NC chief Farooq Abdullah (File photo) SRINAGAR: National Conference on Thursday expressed concern over the alleged assaults on Kashmiri shawl sellers in different parts of the country and said the Jammu and Kashmir government would take up the issue with the state governments concerned.NC chief Farooq Abdullah said, “It is unfortunate that some people want…

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