'Before you work on your business plan, before you build your team, you should have a clear idea about what your product is, who your customer is, how valuable the product is, and whether the market is deep and wide.'
US President Donald Trump has imposed tariffs and a travel ban on Colombia after the South American nation refused to accept two American military planes deporting undocumented Colombians. The move comes after President Trump announced mass deportations of illegal immigrants and warned countries of consequences if they refuse to accept them. Colombian President Gustavo Petro, in a post on X, said that the US cannot treat Colombian migrants as criminals and denied the entry of American planes carrying Colombian migrants into Colombian territory. Trump responded by imposing a 25% tariff on all goods coming into the US, a travel ban and immediate visa revocations on Colombian government officials, and visa sanctions on all party members, family members and supporters of the Colombian government. The US also announced enhanced customs and border protection inspections of all Colombian nationals and cargo on national security grounds. In retaliation, Colombia announced a 25% import tariff on American products.
A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.
Digital house arrest is a tactic where cybercriminals confine victims to their homes in order to scam them. The offenders generate fear by making audio or video calls, frequently posing as law enforcement officers using AI-generated voices or video technology.
According to officials, this year there has been a three-fold increase in the total seizure, which was Rs 322 crore in 2021, Rs 347 crore in 2022 and Rs 1,021 crore so far in 2023.
The deportation of 104 Indian nationals from the US, followed by another 119 set to arrive in Amritsar on Saturday night, has sparked controversy in India over the treatment of returnees. The US government's intensified crackdown on undocumented immigrants has led to criticism of the use of handcuffs and shackles for deportees, even those who have committed no crimes beyond immigration violations. The issue has led to heated debates in the Indian Parliament, with opposition leaders demanding an inquiry into the deportation process. The Indian government is engaging with US officials to ensure the humane treatment of deportees, while also facing the challenge of reintegrating returnees into Indian society. The deportations highlight the ongoing tension between border control and human rights, and the complexities of US-India relations.
'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'
'Additionally, the significant employment multiplier will boost direct and indirect jobs of up to 1.1 million.'
In a virtual briefing, Royce Murray, assistant secretary for Border and Immigration Policy, US DHS, in response to a query related to the October 22 charter flight that deported a batch of Indian nationals, said, "no minor" among them on that removal flight, adding these were all male and female adults.
India and the US will sit together in the next couple of weeks to decide on the nature of the proposed trade agreement and finalise its broad contours, a senior official said on Monday. During the recent visit of Prime Minister Narendra Modi to Washington, India and the US announced to more than double the two-way commerce to $500 billion by 2030 and negotiate the first tranche of a mutually beneficial, multi-sector bilateral trade agreement (BTA) by fall of 2025.
'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'
Importers will now have to provide sufficient proof to the domestic customs authorities that the goods being imported have a minimum 35 per cent value addition in the country from which it is being exported to India.
While the capital spending is being maintained at 3.1 per cent of the GDP, a little more would have boosted economic growth even further, suggests Rajiv Memani.
Continuing to push back against the stringent quality of service (QoS) norms brought in by the Telecom Regulatory Authority of India (Trai), telcos have informed the Department of Telecommunications (DoT) that collection and submission of monthly and site-to-cell-level data should be eased, officials and industry sources said. In place since October last year, the QoS norms call for data for network availability, call drop, voice packet drop rate in uplink and downlink, among other parameters, to be collected at the cell level.
At 13, Naseer Khan left Bihar to work in a saw-mill in Bhutan. He learnt the craft of making sofas, and some of the pieces he made found a place in the royal palace. He returned home after spending 35 years in the Himalayan kingdom, and has continued making sofas, restoring old furniture and creating wire-gutting chairs, all that has become a dying art now.
November was high on the fashion meter as a lot of celebs made dazzling appearances while attending promotional events and at parties.
Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
Edamame + truffle oil + basmati rice = an exquisite combo.
The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to touch Rs 236 trillion. The operating and net profit were also robust. At Rs 1.5 trillion, operating profit grew by 14.4 per cent year-on-year (Y-o-Y) while the net profit saw an impressive 25.6 per cent jump at Rs 85,520 crore in the first half of FY25.
Theft of gold from five packets had been reported to the police on January 16, 20, April 30.
ISRO is part of an exclusive league which has forayed into the Moon and Sun.
Speaking from his workshop at Kanjurmarg in Mumbai, Vhatkar said he last met the 73-year-old tabla maestro in August this year in Mumbai.
HP has been charged with underpaying customs duties while importing products and spare parts.
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
Amul on Monday requested a woman customer in Noida to return the ice cream tub, in which she claimed to have found centipede, for further investigation and asserted that it offers superior quality dairy products in both India and global markets.
If there is a decline in the number of Indian students pursuing higher studies in Canada due to the ongoing diplomatic tensions between the two countries, it may have implications for Indian banks operating in the North American country, senior bank officials said.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
Launched in March, it triggers re-verification of suspected fraudulent numbers. Failing re-verification, the number will be disconnected.
A Mumbai man managed to reach Guwahati on time for his wedding on Sunday, thanks to the help of Indian Railways. The groom and his relatives were travelling on the Gitanjali Express from Mumbai, which was delayed. They were worried about missing the Saraighat Express to Guwahati. A member of the wedding party posted a message on X, requesting help. The Howrah Divisional Railway Manager, acting on instructions from higher authorities, detained the Saraighat Express and ensured the swift arrival of the Gitanjali Express. The groom and his relatives were then quickly transported to the Saraighat Express by battery-operated vehicles. The wedding took place without further complications. The family expressed their gratitude to the Indian Railways for their assistance.
Passengers of an IndiGo flight from Mumbai to Doha waited inside the aircraft for more than four hours as the flight was delayed due to a technical issue on Sunday.
This will boost availability of these items as well as make them cheaper, it said, adding that Modi also directed the revenue department to ensure seamless and quick custom clearance of such equipment.
The pattern of domestic airlines receiving bomb threats to their flights continued for the fourth day as two international flights, one each of Vistara and IndiGo, were targeted in the similar manner on Thursday.
Finance Minister Nirmala Sitharman on Monday held a performance review meeting with heads of public sector banks and asked them to make concerted efforts to garner deposits. Deposits have been growing 300-400 basis points lower than the credit growth in the last few months, creating an asset-liability mismatch for banks. During deliberations on the deposit mobilisation, she said that while the credit growth has picked up, mobilisation of deposits could further be improved to fund the credit growth sustainably, and asked banks to make concerted efforts to garner deposits by conducting special drives.
'Accidents are unpredictable, whether it's a mishap during Diwali, a fracture during travel, or a fall in the bathroom.'
The Enforcement Directorate made these claims in an official statement issued by the federal agency following its raids in this case at Chennai, Madurai and Tiruchirapalli on April 9.
Chennai-born Indian-American businesswoman and musician Chandrika Tandon, 71, won a Grammy in the Best New Age, Ambient or Chant Album category for her album Triveni, a blend of ancient chants and world music, at the 2025 Grammys.
'Save the entire chain of e-mail exchanges so that you have documented evidence to show you informed the bank about the issue.'
Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit becomes more hassle-free for borrowers. However, the minister made it clear that banks do not have to be lenient on credit underwriting standards by taking any adverse risks on a proposal. At a meeting between industry representatives and the finance minister, a startup founder in the baking business suggested for credit to be available hassle-free, to which largest lender SBI's chairman Dinesh Kumar Khara said a startup's worries are more on the equity side and assured full support in lending if sufficient equity is on the table.
