April 20, 2026

Business News

‘PM-Kisan Yojana’ payouts hit by errors: Banks directed by government to fix transaction failures; Rs 63,500 crore allocated for scheme in FY26 – Times of India

‘PM-Kisan Yojana’ payouts hit by errors: Banks directed by government to fix transaction failures; Rs 63,500 crore allocated for scheme in FY26 – Times of India

admin03 mins

NEW DELHI: Banks have been directed by the government to reduce failed transactions under the PM-Kisan Samman Nidhi Yojana, after feedback highlighted delays caused by issues such as unmapped Aadhaar numbers, closed accounts and incomplete KYC verification. Officials said state-level initiatives and corrective measures are being rolled out to address these challenges. The government has…

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‘Country first, commerce later’: Indian refiners unlikely to stop Russia crude oil trade under US pressure; ‘message from government is…’ – Times of India

‘Country first, commerce later’: Indian refiners unlikely to stop Russia crude oil trade under US pressure; ‘message from government is…’ – Times of India

admin04 mins

Indian refineries maintain their Russian oil imports as India takes a firm position in US trade discussions. (AI image) India’s crude oil trade with Russia has emerged as a prickly point in trade deal talks with the US, with the Donald Trump administration imposing 25% additional tariffs effective today. But, Indian refinery executives have indicated…

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50% tariffs on India to blowback on Trump? US GDP growth could shrink 40–50 bps, inflation to flare: SBI report – Times of India

50% tariffs on India to blowback on Trump? US GDP growth could shrink 40–50 bps, inflation to flare: SBI report – Times of India

admin04 mins

Trump imposed 50% tariffs on India (AI image) NEW DELHI: The recent US decision to impose steep tariffs on Indian goods could boomerang on the American economy by pushing up inflation and shaving growth, according to an analysis by the State Bank of India (SBI). The report, quoted by ANI, estimates that US GDP growth…

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Donald Trump’s 50% tariffs come into effect today: India prepares multi-pronged strategy to shield economy; details here – Times of India

Donald Trump’s 50% tariffs come into effect today: India prepares multi-pronged strategy to shield economy; details here – Times of India

admin06 mins

India’s exports to the US amounted to $86 billion in FY25. (AI image) Effective today, India faces a 50% tariff on its goods exported to the US. As the stalemate on trade talks between the Donald Trump administration and India continues, the government is looking at multiple ways to minimise the effects of punitive tariffs….

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