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Deloitte India suggests the upcoming Union Budget should boost domestic manufacturing and exports by rationalizing import duties and increasing budgetary allocations. The consulting firm advocates for a balanced customs duty structure, encouraging domestic value addition and exports. Reforms to SEZ regimes and extended manufacturing programs are also proposed to enhance competitiveness and support Indian exporters […]

US President Trump visited a Ford assembly line in Michigan to promote his manufacturing agenda amidst voter concerns about jobs and the cost of living. He highlighted economic accomplishments and tariffs, aiming to counter anxieties despite recent election results suggesting voter skepticism. The visit also coincided with shifts in electric vehicle policies.

‘Sell America’ jitters have returned to US stock markets as renewed pressure on the Federal Reserve by the Donald Trump administration have raised doubts over its independence, triggering declines in the dollar, Treasuries.

Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion of these refunds is attributed to excess TDS.

A US federal court in Chicago has commenced a second damages trial against Boeing concerning the 2019 Ethiopian Airlines 737 MAX crash. A Canadian plaintiff, Manant Vaidya, is seeking compensation after losing multiple family members in the tragedy. Boeing has acknowledged responsibility for the crashes and committed to fair compensation for victims.

Bharat Coking Coal Ltd’s IPO saw strong demand, subscribed 33.6 times by Monday, with non-institutional and retail investors driving the surge. The Rs 1,071-crore offer for sale by Coal India is part of the government’s divestment strategy. The issue, priced between Rs 21-23, closes Tuesday.