November 5, 2026
Trade & Market

US Court Strikes Down Trump’s Tariffs

A US appeals court has struck down most of President Donald Trump’s tariffs, ruling they were unlawfully imposed under emergency economic powers. In a 7-4 decision, the US Court of Appeals for the Federal Circuit said Trump’s “reciprocal” tariffs on dozens of countries, including China, Mexico and Canada were “invalid as contrary to law.” The […]
Policies

GST Council May Shift Textiles To 5% Slab

The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, is set to take place on September 3–4, 2025 in New Delhi, where key proposals to simplify the tax regime and ease costs for consumers will be discussed. According to reports, the government is considering moving all food and textile products into the 5% […]