Billions to be paid! US starts refund process for Trump tariffs: Can Indian exporters claim?

To receive repayments, importers in the US are required to submit claims which include shipment details, applicable tariff classifications. (AI image) The US government has rolled out a system to facilitate refunds of over $166 billion from tariffs introduced by Donald Trump and later invalidated by the US Supreme Court. In February, the court struck…

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Asian Markets: Asian stocks today: Markets mixed as US-Iran talks offset geopolitical jitters

File photo (Picture credit: AP) Asian markets traded mixed on Tuesday as investors weighed fresh hopes of possible US-Iran peace talks against lingering geopolitical risks and elevated oil prices, while technology shares lent support to key regional indices.Tokyo’s Nikkei 225 rose 1.1 per cent to 59,485.54, driven by strong gains in technology counters. As per…

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‘Indians working less post Covid, real earnings flat’

Indian workers are putting in fewer hours weekly compared to pre-pandemic levels, with self-employed individuals seeing the steepest decline. This trend, alongside modest real earnings growth, suggests lower aggregate demand and a recovery driven by a select few. Women’s increased labor force participation, particularly in rural agriculture, indicates distress-led employment. NEW DELHI: Indian workers put…

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Light is right this Akshaya Tritiya

MUMBAI: Light-weight jewellery was the flavour this Akshaya Tritiya, as a steep rise in gold prices nudged consumers to strike a balance between their budgets and love for the yellow metal that’s considered auspicious in Indian culture.For context—gold has risen nearly 57% year-on-year since last year’s festival—from around Rs 97,000 per 10 grams to roughly…

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Boost to India–South Korea ties: PM Modi, Lee Jae Myung hold talks at Hyderabad House; push deeper trade, tech ties

Prime Minister Narendra Modi and South Korean President Lee Jae Myung engaged in high-level talks on Monday at Hyderabad House, focusing on strengthening bilateral ties. The meeting was followed by the exchange of Memorandums of Understanding between the two sides, witnessed by both leaders. External affairs minister S Jaishankar and his South Korean counterpart Cho…

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