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NEW DELHI: With the US opening a refund window, exporters are hoping to recover some of the discounts they had offered during the period, when the Trump administration levied a hefty 50% tariff on Indian goods.In a large number of cases the discount was to the tune of 15-18% to compensate for the 30% gap…
MUMBAI: RBI has come out with a Digital Payments – Emandate Framework, 2026 which seeks to make recurring digital payments simpler, safer and more user-centric by reducing friction while retaining safeguards, marking a shift towards a consent-driven autopay ecosystem.The guidelines mandate a 24-hour pre-debit notification, requiring issuers to inform users in advance about the merchant…
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MUMBAI: The life insurance industry recorded a 15.7% expansion in new business premiums during FY26, as the sector navigated a landscape defined by diverging growth strategies across individual and group segments. Total premiums across the industry climbed to Rs 4.6 lakh crore from close to Rs 4 lakh crore in FY25. This momentum highlights a…
Carmine Agnello, the mob boss John Gotti’s grandson, was sentenced to 15 months in prison for defrauding the U.S. government’s Covid relief funding system out of $1.1 million, proceeds which he used to invest in crypto, the Department of Justice said. In a statement released Monday, the U.S. Attorney’s Eastern District of New York office…
NEW DELHI: At a time when thousands of temples are managed through state-supervised Devaswom Boards, the Centre on Tuesday told the Supreme Court that it did not favour govt control over temples and clarified that it had already placed its interpretation of constitutional provisions that enable states to manage secular activities of religious institutions.During the…
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