US-China trade tensions: Beijing rolls back ‘special port fees’ on US vessels for one year

The United States and China have begun rolling back trade actions, after the Busan meeting ended with “a great success.”Beijing recently suspended the export ban on ‘dual use’ materials while US reduced the fentanyl related duties from 20% to 10%.China also suspended the ‘special port fees’ on US vessels. ‘FOOLS’: Trump Promises To Pay $2,000…

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Budget 2026: Pre-budget talks begin, chaired by Nirmala Sitharaman; tax reforms and manufacturing push in focus

Sitharaman holding pre-budget talks NEW DELHI: Finance Minister Nirmala Sitharaman on Monday chaired the first pre-Budget consultation meeting with leading economists in New Delhi, marking the start of preparations for the Union Budget 2026-27. Senior officials from the Department of Economic Affairs (DEA), including the Secretary, Chief Economic Adviser, and other key officers, attended the…

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Nifty50 set to see bumper 2026? Goldman Sachs raises Indian equities to ‘overweight’; Nifty target set at 29,000 for 2026-end

India’s share valuations continue to remain elevated despite the underperformance. (AI image) Expressing confidence in the Indian stock markets, Goldman Sachs has raised its rating to ‘overweight’ and set a 29,000 level target for Nifty50 by end-2026. The latest Goldman Sachs report suggests a potential increase of approximately 14% from Friday’s close of 25,492.The firm…

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Easing US-China trade tensions a red flag for India? Electronics sector warns; cost edge may shrink by ‘10 percentage points’

India’s electronics sector could face a setback as trade tensions between US and China have eased after the Busan meeting between the presidents of two nations ended with ‘great success’.The electronics sector has raised alarm over potential threats to its global competitiveness after the tariffs on Chinese goods were reduced. The industry has urged the…

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Trump admin tightens noose! USCIS issues requests for evidence demanding $100,000 H-1B fee; here’s what it means for Indians

When immigration officials determine insufficient documentation exists to approve an application, the USCIS issues a request for evidence. (AI image) The Donald Trump administration is tightening its noose, cracking down and seeking evidence of the $100,000 H-1B visa fee. The United States Citizenship and Immigration Services has started sending requests for evidence seeking the $100,000…

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Trump’s tariff payout for Americans: US Prez announces $2,000 dividend, but are you eligible? Check structure, date & more

US President Donald Trump has again put his tariff-linked cash payout on the table, saying that Americans would receive money directly sourced from tariff revenues.Posting on his Truth Social platform on Sunday, Trump announced a dividend of $2000 per person. He also criticised those opposing the plan, calling them “FOOLS!”Trump argued that tariff collections are…

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