US SUPREME COURT TARIFF RULING
Husband can’t be ordered to pay child maintenance if DNA test conclusively proves he is not the father, rules Supreme Court
The Supreme Court ruled a husband is not obligated to pay child maintenance if a DNA test confirms he is not the biological father, even if the child was born during the marriage. This decision dismissed a wife's appeal for maintenance after DNA results established non-paternity, upholding the trial court and High Court's denial.
Trump Tariff refund portal to be launched next week: Check launch date and how to claim your money back
Businesses will soon receive refunds for tariffs imposed under the Trump administration. The US Customs and Border Protection is launching an online portal. This follows a Supreme Court decision that found the tariffs unlawful. Importers can now file claims for an estimated $166 billion. Refunds will be processed in phases, requiring precise documentation for approval.
SBI seeks Supreme Court review of spectrum ruling in Aircel case, warns of banking and IBC risks
SBI has moved the Supreme Court seeking review of its February 13 ruling that barred telecom spectrum from being treated as an asset under insolvency proceedings. Acting for Aircel lenders, the bank warned of major risks to banking and infrastructure finance. The verdict has stalled Aircel and Reliance Communications resolution cases.
SBI moves Supreme Court seeking review of spectrum ruling, flags impact on telecom insolvencies
The State Bank of India is asking the Supreme Court to reconsider a recent ruling. The judgment prevents telecom spectrum from being treated as an asset during insolvency. SBI warns this could significantly impact banks and infrastructure financing. The bank argues the ruling overlooks key issues for lenders. This decision affects recovery prospects in various regulated sectors.
$166B Tariff refunds released: When are Americans getting their tariff refunds, and will they actually get them?
Tariff refunds 2026 are finally rolling out. Over $166 billion in tariff refunds is now open for claims. More than 330,000 U.S. businesses paid duties on 53 million shipments. Refund processing has started. Most payments may arrive within 60 to 90 days. But consumers may not see relief yet. Companies are covering past losses first. High import costs had already pushed prices up. Now new tariffs and rising oil prices are adding pressure again. Strong demand is keeping prices steady.
$12 billion Trump tariff refund for Indian exporters. Which stocks may benefit?
Tariff refunds are set to begin after the US Supreme Court ruled Donald Trump’s tariffs unconstitutional. US Customs and Border Protection has launched the first phase of its refund system, allowing importers to file claims—potentially benefiting export-focused companies.
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Delhi residents may have to pay more for electricity this year. Here’s why
Electricity bills in Delhi are set to rise as the Appellate Tribunal for Electricity (APTEL) has ordered the recovery of nearly Rs 38,552 crore in accumulated regulatory assets. This move will likely push tariffs higher over the next seven years, with a regulatory asset surcharge expected on bills.
Trump tariff refunds begin today: Gokaldas Exports, Avanti Feeds, other textile and shrimp stocks rally up to 7%
Export-oriented shrimp and textile stocks rallied up to 7% on Tuesday after the US began rolling out refunds for tariffs imposed during Donald Trump’s presidency, following a Supreme Court ruling that struck them down. Companies like Gokaldas Exports and Avanti Feeds saw strong gains as investors bet on improved US demand and stability ahead.
$166 bn Trump tariff refunds open in US, but India still has to ask for a slice
A significant reduction in US tariffs is setting the stage for a $166 billion refund wave. For Indian exporters, the potential for profit exists, but their success will depend on how well they can negotiate with American partners. Importantly, while US importers can claim refunds, it's up to Indian businesses to strategically navigate their commercial agreements to recoup expenses.
Policy flip-flops blur US stance on China ahead of Trump-Xi meet
President Donald Trump's second term China policy faces challenges. Initial tariff hikes did not yield desired concessions from Beijing. Recent erratic decisions, including conflicting signals on technology sales and blacklists, create confusion. While some actions have put China on the back foot, critics argue the U.S. approach lacks a coherent strategy, potentially undermining its global standing.
Phase-I of bilateral trade agreement with US almost ready: Piyush Goyal
Trade conversations are heating up in Washington as India and the US engage in crucial discussions aimed at enhancing economic ties. At the forefront are negotiations on preferential market access that could allow for a more favorable entry of Indian products into the American market.
Tariff refund: Trump to begin refunding $166 billion in tariffs starting Monday - check who is on the list
Tariff refund: Trump tariff refund begins Monday as $166 billion payouts start— who qualifies and how to claim, all the details are here. The tariff refund Trump policy is finally moving from courtrooms to cash flow. Starting Monday, April 20, 2026, businesses can begin claiming refunds from a massive $166 billion tariff pool, after the U.S. Supreme Court ruled that US President Donald Trump imposed certain import tariffs without constitutional authority. The refund system, managed by U.S. Customs and Border Protection, opens at 8 a.m., marking the first real opportunity for importers to recover billions paid under disputed trade measures.
Tariff refund website, America's hottest portal, to go live today: How the U.S. tariff refund portal works and who qualifies
Tariff Refund Website Goes Live Today: Here's everything you need to know. A massive $166 billion refund process begins today, and the tariff refund website is at the center of it. On April 20, 2026, U.S. Customs and Border Protection officially launches its long-awaited portal to process claims tied to tariffs imposed under President Donald Trump. The move follows a landmark ruling by the U.S. Supreme Court, which declared key tariffs unconstitutional under the International Emergency Economic Powers Act.
AT-1 case: Yes Bank does not expect material financial impact from Supreme Court ruling
The Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on the horizon. This case follows the bank's dramatic near-collapse back in 2020, leading to an aggressive write-down of ₹8,415 crore in bonds, sparking a flurry of legal action from aggrieved investors.
Trump tariffs refunds start from Monday. Check timings, online portal, who can apply
Trump Tariffs Refunds: Importers and their brokers will be able to begin claiming refunds through an online portal.
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concerns
Indian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG and OTC pharmaceutical companies, and the phase-out of the GST compensation cess has resulted in a backlog of unusable credits. Additionally, the regulations surrounding free trade agreements are creating barriers.
US weighs tougher auto import rules to accelerate reshoring
The Donald Trump administration is considering changes to North American trade rules that could raise tariffs on imported vehicles and push automakers to increase US-based production.
EU trade surplus shrinks 60% as US exports fall due to tariffs
The European Union's trade surplus saw a major drop in February. Exports to the United States fell by over a quarter. This decline is linked to US import tariffs on EU goods. Overall EU exports decreased, while imports also reduced. This situation impacts trade relations between the EU and the US.
Tariff Refund System explained: What it means for consumers as US begins $166 billion payback and who is eligible
The launch of the Tariff refund system represents a significant administrative and legal milestone. It resolves a contentious policy chapter while injecting liquidity back into the corporate sector. Yet, the broader economic impact remains mixed.
Most Trump tariff refunds facing denial if importers don’t opt in
Most US importers who paid $166 billion in tariffs later struck down by the Supreme Court may miss out on refunds because they have not registered for electronic payments, the government told a court.
Indian envoy to US meets US Trade Representative amid talks on finalising trade deal
India’s Ambassador to the US Vinay Mohan Kwatra met top American officials to advance talks on a bilateral trade agreement, as both sides refine key terms. With tariffs and global trade rules shifting, a deal is expected once the US finalises its new tariff framework.
India trade delegation to visit US for BTA talks, first in-person meeting since October
An Indian trade team led by Darpan Jain will visit the US from April 20–22 for talks on a bilateral trade agreement, the first in-person meeting since October. Officials said the deal is being recalibrated amid changing tariff conditions, while India also rejected US allegations in a Section 301 probe.
India stands by trade pact with US, trade negotiators to visit Washington next week
An Indian trade delegation will visit the US to discuss a bilateral trade agreement. Negotiations will focus on recalibrating the deal due to recent tariff changes. India aims to secure favorable terms and commitments. This engagement follows a call between Prime Minister Modi and President Trump. Discussions will also cover trade issues and investigations.
India unveils a power-packed FTA calendar: UK, Oman, New Zealand deals next
In 2026, India will embark on an ambitious journey to amplify its role in global commerce. The commencement of pivotal free trade agreements with the United Kingdom and Oman, alongside an impending partnership with New Zealand, highlights India's strategic focus on fostering robust international connections. This proactive approach demonstrates the nation's dedication to turning diplomatic negotiations into thriving economic collaborations.
Indian official team to visit Washington next week for trade talks
An Indian delegation is heading to Washington next week for crucial trade talks. The meeting focuses on an interim trade agreement between India and the US. This pact was delayed due to changes in US tariff policies. The US has imposed new tariffs affecting global trade partners.
Trump’s tariff rates could be restored by July, says US Treasury Secretary Scott Bessent
US Treasury Secretary Scott Bessent said tariffs introduced by Donald Trump could return to earlier levels by early July, despite a setback in the US Supreme Court that struck down parts of the policy.
For FDI, E-comm exports must be in separate cart
India is considering allowing FDI in inventory-based e-commerce exclusively for exports. This move aims to boost outbound shipments without affecting domestic retailers. Strict safeguards, including physical segregation of warehouses, are being evaluated to ensure export-bound goods are not sold locally.
Supreme Court of India seeks replies on 28% IGST plea on phone batteries
The Supreme Court is examining a customs department appeal. It seeks higher taxes on imported lithium-ion batteries for mobile phones. Manufacturers like Samsung, Vivo, and Oppo are involved. The department argues for a 28% tax rate. A tribunal had previously set a lower 12% rate. This case could impact mobile phone costs.
US trade court weighs legality of Trump 10% global tariff
A U.S. trade court will review a 10% global import tax enacted by the Trump administration. Several states and small businesses argue this tax, imposed under the Trade Act of 1974, illegally bypasses a Supreme Court ruling that limited presidential tariff authority. The administration defends the tariffs as a response to trade deficits.
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