After Tariff Decision, What Happens to Trumps Deals With China, Canada and Europe?
GLOBAL NEWS | Sat, 21 Feb 2026, 2:41AM IST
The Supreme Courts decision to invalidate many of President Trumps tariffs raised questions about what would become of agreements struck with major U.S. trading partners.
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1h
Tariff Whiplash Clouds Outlook for Federal Budget
GLOBAL NEWS | Sat, 21 Feb 2026, 1:59AM IST
The tariffs thrown out by the Supreme Court had become an important revenue source. President Trump said he could replace that money with other levies.
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1h
Christopher S. Wren, Times Bureau Chief in Hostile Lands, Dies at 89
GLOBAL NEWS | Sat, 21 Feb 2026, 1:37AM IST
Over three decades, he reported from Moscow, Beijing, Tehran and elsewhere and wrote well-received books based on his reporting, including one about his globe-trotting cat.
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2h
Trump Announces '10% Global Tariffs', Says US Supreme Court Swayed By Foreign Interests
INDIA MARKET | Sat, 21 Feb 2026, 1:32AM IST
There is a 'backup plan' with him, Trump said, adding that he will use alternative measures to reimpose the 'reciprocal' levies.
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2h
INDIA NEWS | Sat, 21 Feb 2026, 1:27AM IST
Mr. Trump accuses Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal; 'absolutely ashamed' of Supreme Court justices, he says
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2h
India rolls out steps to boost exports
INDIA NEWS | Sat, 21 Feb 2026, 1:25AM IST
New Delhi: In a move to promote India's outbound shipments, the government on Friday announced seven measures, including credit assistance for e-commerce exporters and support for alternative trade instruments, as part of the 25,060-crore export promotion mission.The measures, exporters said, address the fundamental constraints that limit MSME export growth such as high cost of credit, limited access to diversified trade finance, compliance burdens, logistic inefficiencies, and information gaps especially as shipments are expected to grow with India's key trade deals with the UK, US and the EU coming into effect soon.Out of 10 components of the mission, three- Market Access Support, Interest Subvention for Pre- and Post-Shipment Export Credit, and Collateral Support for Export Credit - have already been rolled out in January.Export Promotion Mission is a combination of financial enablers under 'Niryat Protsahan' and trade ecosystem support under 'Niryat Disha'. To support exporters using digital channels, the commerce and industry ministry announced credit facilities with interest subvention and partial credit guarantees.The Direct E-Commerce Credit Facility will provide support up to 50 lakh with 90% guarantee coverage.Separately, the Overseas Inventory Credit Facility will extend support of up to Rs 5 crore with 75% guarantee coverage and an interest subvention of 2.75% would be available, subject to an annual ceiling of 15 lakh per applicant."The mission seeks to simplify processes for MSMEs by strengthening access to credit, enhancing quality standards, supporting compliance with international regulations, and expanding logistics and warehousing infrastructure globally," commerce and industry minister Piyush Goyal said while launching the seven interventions.To promote export factoring as an affordable working capital solution for MSMEs, an interest subvention of 2.75% will be provided on the factoring cost for eligible transactions undertaken through RBI/IFSCA recognised entities. Assistance is capped at 50 lakh per MSME annually and will be processed through a digital claim mechanism to ensure transparency and timely disbursal. "These measures will reduce transaction costs, improve access to finance, strengthen compliance readiness and deepen integration of Indian MSMEs into global value chains," said Federation of Indian Export Organisations (FIEO) president SC Ralhan.The ministry said that to support emerging export opportunities, the intervention enables exporters to access new or high-risk markets through shared-risk and credit enhancement instruments such as Letters of Credit confirmation and negotiation.For Trade Regulations, Accreditation and Compliance Enablement, support will be extended to exporters in meeting international testing, inspections, certifications and other conformity requirements. The measures come as India's goods exports rose 0.61% on-year in January to $36.56 billion.
Continue reading at Economic Times
2h
India Deal Stands, Won't Change, Trump Says After US Supreme Court's Tariff Verdict
INDIA MARKET | Sat, 21 Feb 2026, 1:09AM IST
Our deal with India is they pay tariffs. Prime Minister Modi is a great man, but he was ripping us off, said Trump.
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2h
Peak XV raises $1.3 bn for first independent fund post Sequoia split
INDIA BUSINESS | Sat, 21 Feb 2026, 1:03AM IST
Peak XV Partners has launched its first independent fund, securing $1.3 billion. This capital will support startups in India and across the Asia-Pacific region. The firm, formerly part of Sequoia Capital, will deploy funds through three separate vehicles. This new fund continues Peak XV Partners' two-decade legacy of backing innovative companies.
Continue reading at Economic Times
2h
Vedanta lowers aluminium output forecast
INDIA BUSINESS | Sat, 21 Feb 2026, 1:00AM IST
Vedanta's aluminium business expects slower growth in production and earnings. Earlier projections for EBITDA to exceed $4 billion this fiscal year have been revised. The company now anticipates EBITDA of $2.7 billion in the current fiscal. Projections for FY27 and FY28 are $3.6 billion and $4.1 billion respectively. This indicates a revised outlook for the business's financial performance.
Continue reading at Economic Times
2h
Trump Announces 10% 'Global Tariffs', Accuses US Supreme Court Of Weighing In Foreign Interests
INDIA MARKET | Sat, 21 Feb 2026, 12:57AM IST
There is a 'backup plan' with him, Trump said, adding that he will use alternative measures to reimpose the 'reciprocal' levies.
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2h
Drugmakers flag concerns over blue-strip antibiotic labels
INDIA BUSINESS | Sat, 21 Feb 2026, 12:54AM IST
The government mandated a blue line on antibiotic packaging to curb misuse. However, pharmaceutical companies argue this will disrupt operations and finances. They believe the measure lacks scientific backing and global alignment. Industry associations are urging the government to withdraw the notification. Existing regulations already address antimicrobial resistance concerns.
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2h
Blue stripe rule sparks pharma worry
INDIA NEWS | Sat, 21 Feb 2026, 12:54AM IST
New Delhi: The Centre had directed drugmakers last month to add a blue line on the antibiotic packaging strips, seeking to curb the rampant use of these medicines. But pharma companies believe this step will instead hamper operations and cause financial disruptions.In January this year, the government had issued a notification, announcing, "all antimicrobial drugs and their preparations shall bear a conspicuous blue vertical strip on the left side running throughout the body of the label without disturbing the other conditions printed on the label".However, pharma associations have expressed their concern over the move, with many associations writing to the government urging it to withdraw the notification.The Himachal Drug Manufacturers' Association (HDMA) has written to the ministry of health, citing that the proposed packaging measure lacks scientific substantiation, global regulatory alignment, and proportional public-health justification, while imposing significant operational and economic disruption.According to the HDMA, the proposal lacks evidence-based rationale."There is no publicly available data or regulatory assessment which demonstrates that a colour marking on packaging influences prescribing behaviour, restricts misuse, or contributes meaningfully to antimicrobial resistance (AMR) control. AMR is primarily driven by prescribing and dispensing practices, not by secondary packaging design," the letter dated February 17 said.Antimicrobials are already regulated through Schedule H/H1 warnings, cautionary labelling, traceability systems, QR/barcodes, and pharmacovigilance mechanisms, hence the new proposal is duplication and no major international regulator mandated colour based identifier, it further said. Various associations including the RSS affiliate-Laghu Udhyog Bharati has urged the Centre to withdraw the proposed blue line requirement.
Continue reading at Economic Times
2h
India gives Starbucks a stronger blend of opportunity
INDIA BUSINESS | Sat, 21 Feb 2026, 12:50AM IST
Starbucks India is expanding its presence with new stores and innovative products. The company is focusing on growth in the Indian market, which is a top global priority. This expansion continues despite current losses and a competitive landscape. Starbucks aims to strengthen its position in India as it seeks new avenues for global growth.
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2h
Tata Consulting Engineers bets on power, metals, semiconductor projects for growth
INDIA BUSINESS | Sat, 21 Feb 2026, 12:44AM IST
TCE, a 63-year-old company which has designed the new Parliament building, the Mumbai-Ahmedabad bullet train and the Ayodhya temple, focuses only on design and engineering consultancy.It operates under the owner's engineer and project consultant (OEPC) model.
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3h
INDIA NEWS | Sat, 21 Feb 2026, 12:42AM IST
Mr. Trump accuses Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal; 'absolutely ashamed' of Supreme Court justices, he says
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3h
Axis Bank files complaint against ex-RCFL Director; cops start probe
INDIA BUSINESS | Sat, 21 Feb 2026, 12:39AM IST
The bank has quantified the amount involved at 38.95 crore, representing the principal sacrifice under the resolution plan implemented for RCFL, people privy to the complaint details told ET.
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3h
Vedanta Resources mobilises $350 million in fresh borrowing
INDIA BUSINESS | Sat, 21 Feb 2026, 12:38AM IST
Vedanta Resources has raised $350 million from global banks. This financing will cover upcoming debt payments and interest costs. The deal involves lenders like First Abu Dhabi Bank, Mashreq Bank, Standard Chartered, Deutsche Bank, and JPMorgan. Twin Star Holdings, a family trust, is the guarantor. This move strengthens Vedanta's credit profile after a period of stress.
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3h
After Supreme Court Loss, Trump Plans to Impose Global Tariffs Using Different Laws
GLOBAL NEWS | Sat, 21 Feb 2026, 12:38AM IST
The administration has been preparing for months for the possibility that the court would rule against the president and developed contingency plans.
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3h
Trump and Indonesia Sign Trade Deal, Locking In 19% Tariffs
GLOBAL NEWS | Sat, 21 Feb 2026, 12:35AM IST
The countries made official an agreement reached last year, with Indonesia avoiding a higher tariff and committing to cooperate on export controls.
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3h
Trump announces new 10% global tariff on U.S. trade partners | LIVE
INDIA NEWS | Sat, 21 Feb 2026, 12:23AM IST
Donald Trump accuses U.S.'s Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal; says 'absolutely ashamed' of U.S. Supreme Court justices
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3h
Trump Tariffs Toppled: $175-Billion Jolt? Decoding How The Supreme Court Ruling May Hit US Economy
INDIA MARKET | Sat, 21 Feb 2026, 12:20AM IST
What SC's ruling means for the US treasury.
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3h
Trump vows alternatives to tariffs struck down by Supreme Court | LIVE
INDIA NEWS | Sat, 21 Feb 2026, 12:20AM IST
Donald Trump accuses U.S.'s Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal
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3h
ChrysCapital, two others launch open offer for Novartis India
INDIA BUSINESS | Sat, 21 Feb 2026, 12:16AM IST
A consortium including WaveRise Investments, ChrysCapital, and Two Infinity Partners is set to acquire a significant stake in Novartis India. This move is part of Novartis's strategy to divest its stake. The transaction is expected to conclude in the third quarter of 2026. Novartis will continue its operations in India through Novartis Healthcare.
Continue reading at Economic Times
3h
TryfactaConnex to invest $7.7 bn in UP for AI infra, 1-GW data campus
INDIA BUSINESS | Sat, 21 Feb 2026, 12:08AM IST
TryfactaConnex has signed an MoU with the Uttar Pradesh government to launch a large-scale India AI infrastructure platform, investing $7.7 bn to build a 1-GW hyperscale data centre campus
Continue reading at Business Standard
3h
Trump says Supreme Court ruling against his tariffs 'deeply disappointing' | LIVE
INDIA NEWS | Sat, 21 Feb 2026, 12:02AM IST
Donald Trump accuses U.S.'s Supreme Court of being influenced by "foreign interests" after it ruled that his sweeping global tariffs are illegal
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3h
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