US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table

The government’s proposed Export Promotion Mission, designed to shield Indian exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.The mission, first announced in the Union Budget, is expected to offer about Rs 25,000 crore worth of…

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Payment rules: RBI issues final guidelines for aggregators, sets capital norms and cross-border limits

The Reserve Bank of India (RBI) on Monday rolled out final guidelines to regulate payment aggregators, bringing in a new framework that takes effect immediately.Under the Regulation of Payment Aggregators Directions, 2025, the RBI has classified aggregators into three categories — PA-P for physical, PA-CB for cross-border, and PA-O for online, PTI reported. While banks…

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Donald Trump pushes to scrap quarterly earnings reports! SEC review gains attention; investors weigh long-term focus vs transparency

US President Donald Trump (Photo-AP) US President Donald Trump has renewed his call to end quarterly earnings reports for publicly traded companies, suggesting instead a six-month reporting period to ease costs and allow executives to focus on running their businesses, AP reported.In a post on his social media platform Truth Social, Trump wrote, “This will…

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