US Supreme Court delays ruling on Trump’s global tariffs case

The US Supreme Court will not issue a ruling on Friday (January 9), in a high-profile case challenging the legality of President Donald Trump’s sweeping global tariffs. The case, which tests the limits of presidential authority under the International Emergency Economic Powers Act, had drawn close attention from businesses, investors, and international trading partners. Trump…

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‘India could face risk of crude oil import uncertainty’: Parliamentary panel urges ‘diversify sourcing’

A parliamentary committee has flagged India’s heavy dependence on crude oil imports and rising geopolitical risks as major challenges for the country, and urged the government to step up diversification of supply sources and strengthen risk management mechanisms. In its report tabled in Parliament last week, the Public Undertaking Committee noted that India imports nearly…

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