The ruling is expected to have wide-ranging consequences for global trade, businesses, consumers, inflation trends and household finances across the country.
US President Donald Trump asserted that the trade deal with India remains intact despite a Supreme Court ruling against his tariffs, while also claiming he used tariffs to stop a war between India and Pakistan.
India and the US have decided to reschedule their meeting to finalize the interim trade pact due to recent developments and implications, including changes in US tariffs.
Indian equity markets closed higher, driven by gains in PSU bank, auto, and financial stocks, following the US Supreme Court's decision on tariffs. Sensex climbed 479.95 points to 83,294.66, and Nifty advanced 141.75 points to 25,713.
Trump administration will use "alternative legal authorities" to enforce tariffs on the countries, assuring that the tariff revenue will remain unchanged.
US President Donald Trump announced a new global levy on imported items, resulting in a lower tariff rate for India, following a Supreme Court verdict against his previous sweeping tariffs.
Indian exports to the US will face a 10% tariff, down from 25%, for 150 days following a US Supreme Court ruling. However, uncertainty persists due to potential further tariff hikes and long-term implications.
A Mumbai court has ordered the city police to repatriate alleged gangster Kumar Pillai to Hong Kong after he was acquitted in all cases for which he was extradited.
Following a Supreme Court setback, Donald Trump has announced an increase in global tariffs from 10% to 15%, impacting international trade relations and raising concerns about economic repercussions.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
Analysts predict a surge in gold and silver prices as investors seek safe-haven assets due to escalating tensions in the Middle East. The impact on domestic prices will depend on the conflict's duration, with geopolitical factors and macroeconomic data also playing a role.
Analysts predict continued volatility in Indian equity markets due to domestic macroeconomic data, F&O expiry, global developments including US tariff policies, and geopolitical tensions.
The Allahabad high Court has put a hold on an FIR order against several policemen, including former Sambhal circle officer Anuj Kumar Chaudhary, regarding an alleged firing incident, pending further hearing.
'The contours of the trade deal need to be reworked now.'
After the US Supreme Court struck down President Donald Trump's global tariffs, Congress leader Rahul Gandhi accused Prime Minister Narendra Modi of being "compromised", saying his "betrayal" in the India-US interim trade deal stood exposed.
The Supreme Court of India has allowed a 17-year-old girl to terminate her 30-week pregnancy, emphasizing that courts cannot force a woman, especially a minor, to continue an unwanted pregnancy.
The Supreme Court has denied bail to Umar Khalid in the 2020 Delhi riots conspiracy case, citing a prima facie case against him under the UAPA. Other activists were granted bail. Khalid's father expressed disappointment, while a friend shared Khalid's reaction.
Gold extended its record-breaking run to breach the Rs 1.5 lakh per 10-gram mark in futures trade on Tuesday, while silver surged to a lifetime high of Rs 3.27 lakh per kg as investors rushed to safe-haven assets amid mounting global tensions. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed Rs 6,861, or 4.7 per cent, to record Rs 1,52,500 per 10 grams after settling at Rs 1,45,639 per 10 grams in the previous session.
A BMC spokesperson said the average voter turnout stood at 29.96 per cent till 1.30 pm in the metropolis, which has more than 1 crore eligible electors.
Siddiqa Begum, daughter and legal heir of Shah Bano, has served a legal notice on the makers "for immediate restraint on the publication, screening, promotion, or release of the upcoming film."
'Even as the Supreme Court's anti-punitive demolition judgment nears its first anniversary, no formal contempt proceedings have been initiated either by the Supreme Court or any high court against officers or demolition squads who have acted in violation of it.'
'The natural barrier that is Aravalli, you are demolishing it, then who will stop the desert?' 'In future, I predict that people will roam around with oxygen cylinders in Delhi because they won't be able to breathe.'
Lawful possession means having both actual control over a property and a valid legal right to keep it, usually based on a registered sale deed, lease agreement, or lawful allotment.
'The implementation of the judgment has largely been left to the discretion of the very executive authorities it sought to restrain.'
The Madhya Pradesh high court has dismissed a petition filed by Shah Bano Begum's daughter seeking to stop the release of the Hindi film Haq, inspired by her mother's famous legal battle, holding that a person's right to reputation or privacy is not heritable.
The Madhya Pradesh High Court dismissed a petition seeking a stay on the release of the Hindi film 'Haq', which is inspired by the life and legal struggle of Shah Bano Begum. The court found the petition devoid of merit, clearing the way for the film's release.
Made at a time when an insidious agenda can be read into it, Haq is an important film that deals with a contentious subject with maturity, observes Deepa Gahlot.
"We did not know that a CBI inquiry was requested on our behalf regarding the Karur tragedy. It has been nine years since my husband Panneerselvam, who had signed the petition, abandoned us," says Sharmila, mother of the 9-year-old boy who had lost his life in the stampede during a political rally addressed by actor-politician Vijay.
Under the draft constitution, the executive committee of the AIFF would have 14 members, who would be under the age and tenure restrictions.
'I don't know what people will say, but as a liberal Muslim, I can say that I had no problems with the viewpoint of the film. Because we are not maligning any community, if we were I wouldn't have done this film...'
A 10-part series that explains all you want to know about how India's EPF turns a slice of your monthly salary into long-term savings, pension, and life insurance.
As AI deepfakes threaten star personas and commercial interests, celebrities approach the courts with personality rights petitions.
A profile of veteran Nepali politician K P Sharma Oli, detailing his rise to power, his various stints as prime minister, and his impact on Nepal's political landscape.
The Canara Bank on Thursday informed the Bombay high court that it has withdrawn its order classifying as "fraudulent" the loan account of a firm linked to industrialist Anil Ambani. After the bank's disclosure, a bench of Justices Revati Mohite Dere and Neela Gokhale disposed of the petition filed by Ambani challenging the bank's order, saying nothing survives in it.
The state government, however, maintained it has no intimation so far from the central government or the governor's office regarding their "observations" on certain provisions in the Bill.
The ECB had already barred transgender women from the top two tiers of women's cricket in England last year as well as the women's Hundred under its new transgender participation policy.
'The police could not save my daughter or bring her justice, but they didn't think twice about beating up women and elderly persons.'
Here is the timeline of the Emergency that lasted for 21 months, which is considered as the darkest period in the history of Independent India.
The US Supreme Court has ruled against an Indian citizen who has spent decades in the US and faces deportation after checking the wrong box on a driver's licence application.
Ruling that Flipkart cannot "escape liability" as "mere intermediary" in an online purchase, a consumer commission here has found the e-commerce platform and television manufacturing company Thomson guilty of deficiency in service after a defective TV was delivered to a customer.
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