The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it

Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con

Siemens' Investment in India's Workforce and Technology: Peter Koerte, the Managing Director of Siemens, emphasized India’s potential due to its large number of small and medium enterprises (SMEs) — around 60 million — and the need for simplified, user-friendly technology to boost these businesses. He mentioned that Siemens sees India as a vital growth market,

In his first major act as the 47th President of the United States, Donald Trump signed an executive order aimed at dismantling birthright citizenship, a cornerstone of US immigration law. The order seeks to reinterpret the 14th Amendment of the US Constitution, which has historically granted citizenship to anyone born in the US, to exclude children born to undocumented immigrants. This controversial move has sparked intense debate and is expected to face numerous legal challenges from organiz

Trump’s Warning to BRICS On January 20, after being sworn in as the 47th President of the United States, Donald Trump issued a strong warning to BRICS nations regarding their ongoing de-dollarization initiatives. During a press meet in the Oval Office, he declared that BRICS members would face a 100% tariff on trade with the U.S. if they pursued efforts to reduce reliance on the U.S. dollar

Minutes after being sworn in for his second term on Monday, U.S. President Donald Trump pledged to reclaim the Panama Canal. In his inauguration speech, the Republican leader referenced the 19th-century expansionist doctrine of "Manifest Destiny" while also outlining plans for space exploration. Trump reiterated his pre-inauguration vow to reassert U.S. control over the canal, accusing Panama of failing to up