India’s power boost: T&D sector to remain strong, supported by Rs 9 lakh crore capex push

In upcoming years, India’s transmission and distribution (T&D) sector is expected to see steady growth, lifted by investment of almost Rs 9 trillion or Rs 9 lakh crore through 2032. According to a report by Motilal Oswal Financial Services, the current investment cycle, which began in FY22-23, has already improved performance across the sector.It noted…

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Big payback: US launches portal to refund $166 billion in tariffs collected from Trump policy nixed by SCOTUS

The US government launched a portal Monday to refund more than $166 billion in revenue from tariffs imposed by President Donald Trump and struck down by the Supreme Court.In February, the conservative-majority high court ruled against a swath of Trump’s tariffs. The decision marked a stinging rebuke of his key economic policy and opened the…

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