Trump Threatens Even Higher Tariffs on Canadian Exports After Talks Unravel
GLOBAL NEWS | Mon, 24 Aug 2026, 8:01PM IST
President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
Continue reading at The New York Times
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ICICI raises $1 billion, Union Bank $600 million through dollar bonds
INDIA MARKET | Mon, 24 Aug 2026, 7:57PM IST
ICICI Bank raised $1 billion through a five-year private dollar bond, while Union Bank of India secured $600 million in its first international dollar issue in over a decade, benefiting from RBIs special swap window. UCO Bank also approved a $1 billion programme.
Continue reading at Economic Times
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Joint home loan after death: What happens to the loan, insurance & house?
INDIA BUSINESS | Mon, 24 Aug 2026, 7:55PM IST
When a co-borrower dies, the home loan does not vanish. Here's what happens to EMIs, insurance, property ownership and legal heirs
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Fino Payments Bank board extends tenure of interim CEO by another three months
INDIA BUSINESS | Mon, 24 Aug 2026, 7:48PM IST
Fino Payments Bank's board approved an interim CEO tenure extension. Ketan Merchant's role as interim MD and CEO will continue. This extension requires approval from the Reserve Bank of India. Merchant took charge after Rishi Gupta's arrest in February. Gupta faced allegations related to GST law violations.
Continue reading at Economic Times
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Digital finance gap limits women's participation in platform work: Report
INDIA NEWS | Mon, 24 Aug 2026, 7:36PM IST
Women remain under-represented in India's platform economy despite near parity in bank-account ownership, as digital capability and credit-access gaps persist
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Fino Payments Bank board extends tenure of interim CEO by another 3 months
INDIA BUSINESS | Mon, 24 Aug 2026, 7:31PM IST
Fino Payments Bank on Monday said its board has approved the extension of tenure of Ketan Merchant as interim CEO for a period of three months effective from August 27, 2026.
The decision of Nomination & Remuneration Committee of the board is subject to approval of Reserve Bank of India (RBI), the bank said in a regulatory filing.
RBI had last extended tenure of Merchant for a further period of three months with effect from May 27, 2026.
Merchant was appointed interim CEO following the arrest of its managing director and CEO Rishi Gupta for violating laws related to the Goods and Services Tax in February.
Directorate General of GST Intelligence (DGGI) arrested Gupta for alleged use of shell companies and payment aggregators to funnel illicit funds generated by online money gaming.
Prior to appointment as interim CEO, Merchant was serving as Chief Financial Officer of the bank.
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Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
INDIA MARKET | Mon, 24 Aug 2026, 7:30PM IST
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%. The sale offers a discount to market price amid strong quarterly earnings and expansion plans.
Continue reading at Economic Times
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Amazon, Flipkart revise seller fee structures ahead of festive season
INDIA MARKET | Mon, 24 Aug 2026, 7:26PM IST
Amazon has introduced graded cancellation fees linked to order value and will raise closing fees, while Flipkart has rolled out penalties based on seller cancellations
Continue reading at Business Standard
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Govt appoints ex-diplomat Akbaruddin, two others to RBI central board
INDIA BUSINESS | Mon, 24 Aug 2026, 7:21PM IST
The central government has appointed former diplomat Syed Akbaruddin, ex-bureaucrat Annie George Mathew, and consultancy BCG India Chairman Janmejaya Kumar Sinha to RBI central board.
They have been appointed as part-time, Non-official Directors on the Central Board of Reserve Bank of India for four years with effect from August 24 or until further orders, whichever is earlier, the central bank said in a release on Monday.
Last week, the government had re-appointed industrialist Anand Gopal Mahindra as part-time, Non-official Director on the board.
Former ISRO Chairman Somanath Sreedhara Panicker was also appointed on the board last week.
Other members of the board include Revathy Iyer, a retired officer from the Indian Audit & Accounts Service, who went on to become the Deputy Comptroller and Auditor General, Government Accounts, and Sachin Chaturvedi, Director General of think tank Research and Information System for Developing Countries (RIS).
Governor Sanjay Malhotra, deputy .
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PFC withdraws three-year bond issue as yields remain elevated in market
INDIA MARKET | Mon, 24 Aug 2026, 7:20PM IST
The state-owned lender raised 2,500 crore through a 15-year bond at a 7.55 per cent cut-off coupon, but withdrew its three-year issue after receiving bids at higher yields
Continue reading at Business Standard
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Trump administration moves to impose over $100K fee on H-1B worker visas
INDIA MARKET | Mon, 24 Aug 2026, 7:15PM IST
A federal judge in June ruled that the fee was illegal and blocked the Trump administration from collecting it.
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US stocks today:US stocks open lower as high-stakes Iran, inflation tests loom
INDIA MARKET | Mon, 24 Aug 2026, 7:10PM IST
US stocks opened lower on Monday as investors weighed rising US-Iran tensions and awaited Nvidias quarterly results. The Dow, S&P 500 and Nasdaq fell at the open, while markets also focused on upcoming inflation data. Investors are assessing geopolitical risks, AI valuations and the outlook for interest rates.
Continue reading at Economic Times
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FDA suspends licenses of five restaurants at Mumbai Cricket Association over hygiene issues
INDIA BUSINESS | Mon, 24 Aug 2026, 7:10PM IST
Maharashtra Food and Drug Administration suspended five restaurant licenses due to hygiene concerns. The FDA also urged consumers to avoid unsealed edible oil, citing safety issues. This action follows the Chief Minister's directive to frame standard operating procedures. These procedures aim to prevent edible oil adulteration while protecting traditional businesses. The government seeks a balanced approach between strict enforcement and vendor livelihoods.
Continue reading at Economic Times
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INDIA MARKET | Mon, 24 Aug 2026, 7:08PM IST
The Dow Jones Industrial Average rose 0.25%, or 133.36 points, while the S&P 500 declined 0.24%, or 18.63 points.
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INDIA MARKET | Mon, 24 Aug 2026, 7:03PM IST
Reports stated that the iPhone Ultra might make up to 25% of the global foldable smartphone shipments.
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Diego Maradona's 'Hand Of God' World Cup Football Sells For $3.3 Million At Auction
INDIA MARKET | Mon, 24 Aug 2026, 7:00PM IST
Argentina legend Diego Maradona punches the ball past England's Peter Shilton in the infamous "Hand of God" goal moment.
Continue reading at NDTV
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Iran's currency rial hits record low as US plans more sanctions
INDIA MARKET | Mon, 24 Aug 2026, 6:57PM IST
Iran's currency has plummeted to a staggering 2.02 million rials against the US dollar, reflecting deepening economic strain as Washington gears up for more sanctions. The rial's decline is fueled by persistent sanctions and a naval blockade, exacerbated by double-digit inflation and negative growth. The ongoing conflict, now nearing six months, has further devastated an already fragile economy.
Continue reading at Economic Times
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FM Sitharaman to visit Canada and US from August 25 to September 2
INDIA MARKET | Mon, 24 Aug 2026, 6:56PM IST
Finance minister will hold bilateral and investor meetings in Canada and the US, and lead the Indian delegation at the G20 finance ministers' meeting in Asheville
Continue reading at Business Standard
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Trump Plans Another $100,000 H-1B Fee In New Proposal: Report
INDIA MARKET | Mon, 24 Aug 2026, 6:55PM IST
The development comes as the administration continues to tighten the H-1B programme, which is widely used by US technology companies to recruit foreign professionals for specialised roles.
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No shortage of sugar in India, retail prices to come down soon: ISMA
INDIA MARKET | Mon, 24 Aug 2026, 6:54PM IST
Sugar prices are expected to ease within 10 days as early crushing, duty-free imports and government measures boost supplies, while India lifts its wheat export ban
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Rs 10,000 Investment Became Rs 63,000 In One Year. Do You Own This Small-Cap Stock?
INDIA MARKET | Mon, 24 Aug 2026, 6:52PM IST
A Rs 10,000 investment becoming Rs 53,000 represents a 6.3-fold increase, or a 531% return.
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From trades to balance sheets, Sebi widens its AI-powered surveillance net
INDIA MARKET | Mon, 24 Aug 2026, 6:52PM IST
The market regulator plans to use a dedicated AI model to track quarterly results and flag financial misstatements and manipulation without waiting for investor complaints
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Xi likely to visit India with big delegation
INDIA NEWS | Mon, 24 Aug 2026, 6:49PM IST
NEW DELHI - Chinese President Xi Jinping is likely to attend next month's BRICS summit in New Delhi with a large delegation, three sources said, in what would be his first visit in seven years and a fresh sign of a thaw between the rivals.India is hosting the September 12 to 13 summit, where Xi's presence would be watched less for the BRICS agenda than for what it signals about Beijing and New Delhi's efforts to stabilise relations after deadly border clashes in 2020."Chinese officials are busy finalising hotels and security protocols," one of the Indian sources with direct knowledge told Reuters.Also read: Before Xi Jinping's likely India visit, Chinese money is pouring inLast year, Indian Prime Minister Narendra Modi visited China for the first time in seven years, but the relationship has only improved gradually. More recently, a fresh border-related dispute triggered sharp diplomatic exchanges between the two sides.Two other Indian sources said Xi was likely to be accompanied by a delegation of about 400 officials, compared with fewer than 200 officials the last time in 2019.Officials from both countries are expected to use the summit to explore ways to expand engagement while managing long-standing differences over the border and regional security issues, the sources added.Xi's final travel plans and agenda for any potential bilateral between India and China are yet to be finalised, the sources said.The Chinese foreign ministry said, "China attaches great importance to and actively participates in BRICS cooperation, and supports India, the current chair, in successfully hosting this year's BRICS summit.""We currently have no information available to provide" about Xi's visit, it said. Xi missed the last BRICS summit in 2025 in Brazil.India's foreign ministry did not comment.Also read: PM Modi, Putin set to meet at SCO Summit; another meeting likely this yearINDIA-CHINA BORDER ISSUEThe world's two most populous nations, both nuclear powers, share a roughly 3,800-km (2,400-mile), largely undemarcated and disputed border in the Himalayas.Decades of relative peace along the border were shattered by 2020 clashes where 20 Indian and four Chinese soldiers were killed. The incident led to a four-year military standoff before reaching a disengagement pact in October 2024.But on August 12, India said peace along the border was critical to ties after reports that Indian and Chinese army patrols came face-to-face in late July near a remote border.India's National Security Advisor Ajit Doval on Monday started his visit to Beijing to meet Chinese Foreign Minister Wang Yi to hold talks on the boundary issue.While India and China remain competitors, U.S. President Donald Trump's trade policies have created one area of convergence, making Xi's attendance a signal that neither side wants external pressure to undermine BRICS.($1 = 95.7450 Indian rupees)
Continue reading at Economic Times
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What if Your Texts Traveled as Slowly as a Carrier Pigeon?
GLOBAL NEWS | Mon, 24 Aug 2026, 6:48PM IST
Apps that let users send digital messages at ultraslow speeds have taken off, with users reveling in a slower pace of life. (Just dont use the them to make dinner plans.)
Continue reading at The New York Times
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Mumbai Leads Indias Warehouse Rush With 44% Leasing Surge
INDIA MARKET | Mon, 24 Aug 2026, 6:48PM IST
Manufacturing companies and third-party logistics (3PL) operators emerged as key drivers of leasing activity.
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Ceigall India wins Rs 705 crore Arunachal Frontier Highway project
INDIA BUSINESS | Mon, 24 Aug 2026, 6:44PM IST
Ceigall India secured a contract valued at Rs 704.70 crore for highway construction. This project involves building a key section of the Lada-Sarli highway in Arunachal Pradesh. The company will execute this work jointly with Sushee Infra & Mining Ltd. Construction is expected to take 48 months, followed by maintenance. This development supports critical road connectivity in the region.
Continue reading at Economic Times
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INDIA MARKET | Mon, 24 Aug 2026, 6:43PM IST
As Wall Street bets on a 97% revenue jump to $92.3 billion, all eyes are on Nvidia's blockbuster Blackwell run, the Vera Rubin sequel already in the works, and a possible China comeback for H200 chips.
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Supreme Universal secures 1-acre redevelopment plot in Mumbais Bandra west
INDIA BUSINESS | Mon, 24 Aug 2026, 6:41PM IST
Supreme Universal has secured development rights for a one-acre sea-view plot near Carter Road in Bandra West, Mumbai, where it plans to invest around Rs 1,000 crore to build a luxury housing project.
Continue reading at Economic Times
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Mahakali OTT Release: When And Where To Watch; Cast, Plot And Other Details
INDIA MARKET | Mon, 24 Aug 2026, 6:40PM IST
Akshaye Khanna's character, Shukracharya from the movie Mahakali.
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Lenskart Solutions among 4 stocks to hit 52-week highs & surge up to 20% in a month
INDIA MARKET | Mon, 24 Aug 2026, 6:39PM IST
The Sensex fell 172 points on Monday, but four BSE 200 stocks bucked the broader market weakness to hit fresh 52-week highs. Lenskart Solutions, Siemens, AU Small Finance Bank and United Spirits showed strong investor interest and recent gains.
Continue reading at Economic Times
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US plans H-1B visa fee hike above $100,000
INDIA NEWS | Mon, 24 Aug 2026, 6:34PM IST
U.S. Homeland Security Department plans to increase H-1B visa fee to $103,265, according to a notice posted in the Federal Register on Monday.The new fee would apply to all petitions for H-1B workers subject to an annual statutory cap, including those with masters degrees, as per a Bloomberg Tax report. It would serve as a dedicated revenue mechanism to help recover a portion of the federal governments costs of administering the lawful immigration system.ALSO READ | H-1B visa fees back in focus as Trump administration advances new ruleThe Department of Homeland Securitys proposal comes after a court overturned US President Donald Trumps $100,000 charge for H-1B visa holders hired from outside the country.That fee, issued through a White House proclamation, disrupted hiring plans for many employers but didnt apply to students and others approved for H-1B status in the US.DHS is also reportedly weighing a plan to add a $100,000 charge for participation in Optional Practical Training, a post-graduate employment program for foreign students on F-1 visas.The H-1B visa being one of the most sought-after US work visas, gives American companies access to skilled global talent while offering foreign professionals a path to work in the country.
Continue reading at Economic Times
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India's Iran exports set to fall further amid Dubai halt, US sanctions
INDIA MARKET | Mon, 24 Aug 2026, 6:32PM IST
Indian exporters fear Trump's proposed "economic D-Day" plan, likely to be unveiled later on Monday, could further squeeze trade weakened by sanctions, banking caution and shipping constraints
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Rs 20,000 Crore Investment, 40,000 Jobs: Godrej Signs MoU With Haryana Govt
INDIA MARKET | Mon, 24 Aug 2026, 6:28PM IST
Godrej Ventures plans to invest Rs 3,500 crore in Grade A+ office infrastructure in Gurugram.
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