Trump administration’s policies may drive shift in Indian students’ higher education choices
The Trump administration’s policies on citizenship, stricter immigration, and visa rules may influence the preferences of Indian students pursuing higher education in the United States, according to industry players. Indian students represent the largest international student community in the US, with 3,31,602 enrolled during the 2023-24 academic year. However, industry
Trump’s tariff woes: India ready to ‘talk it out’
India has indicated its willingness to sort out tariff woes of the Donald Trump-led regime in the US through “constructive dialogue”. “The new US government has come in recently. Whatever trade issues are there we will talk it out, we will discuss…And we want to further enhance and expand our
IBC cases slow down as banks reconsider recovery approach
The Insolvency and Bankruptcy Code (IBC), once hailed as a transformative resolution mechanism, is witnessing a slowdown in case admissions, with banks showing reluctance to tap this channel for recoveries. While the IBC remains the dominant tool for resolving distressed debts, delays in case admissions and diminishing recovery percentages are
Dry fruits body NDFC seeks import duty rationalisation, lower GST in Budget
The Nuts and Dry Fruits Council (India) has sought rationalisation of walnut import duty on a per-kg basis and reduce GST to 5 per cent from current 18 per cent. The trade body in its pre-Budget proposals has also requested the government to announce a production-linked incentive (PLI) scheme for
Water level in India’s major reservoirs down on below-normal rainfall
The water level in the 155 major reservoirs in the country declined for the 12th week in a row this week with the storage in Punjab’s lone dam dropping below 20 per cent of the capacity, data from the Central Water Commission showed. The storage has declined as a major
India-Mauritius DTAA: Supreme Court stays Delhi High Court ruling on Tiger Global
Supreme Court on Friday stayed a decision by the Delhi High Court in the matter of Tiger Global with reference to India-Mauritius Double Taxation Avoidance Agreement (DTAA). Experts feel this could bring uncertainty for foreign investors. A division bench of Justices J B Pardiwala and R Mahadevan said that the
India’s business growth hits 14-month low in January, PMI shows
India’s business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace. The services industry is the major engine of Asia’s third-largest economy and
AMG Green Power and ORIX seek CCI nod for stake realignment in Greenko Energy
In a significant development for the renewable energy sector, AMG Green Power B.V. (AMG Power) and ORIX Corporation (ORIX) have approached the Competition Commission of India (CCI) for approval of a proposed transaction involving Greenko Energy Holdings (GEH) and AM Green (Luxembourg) S.À.R.L. (AMG Lux). The transaction aims to realign
CTC prices at Kochi auctions gain on blenders’ demand
A strong demand from blenders pushed up CTC dust prices at Kochi tea auctions with a ₹2 increase in average price realisation this week. All blenders together absorbed 59 per cent of the 6,52,759 kg of CTC in sale 4, witnessing a strong demand. The market was steady to firm
SC rejects PIL seeking to scrap TDS system, calls it ‘badly drafted’
The Supreme Court on Friday refused to entertain a PIL seeking to declare that the Tax Deducted at Source (TDS) system is “manifestly arbitrary, irrational and violative of various fundamental rights”. A bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar declined the plea filed by advocate