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US is issuing billions in tariff refunds, but global trade damage remains

But while a US Supreme Court ruling in February reversed the tariffs, much of the economic and political damage, and perhaps some of the Trump administration's gains, will be hard to undo

US is issuing billions in tariff refunds, but global trade damage remains
Updated On : 26 Jul 2026 | 12:06 PM IST

Nepal allows up to ₹25,000 in post-2016 Indian notes for Indians, Nepalis

The Nepal Rastra Bank (NRB), in a notice issued on Thursday, said Indian currency notes of Rs 500 and Rs 1,000 denominations issued before November 9, 2016, remain prohibited in Nepal

Nepal allows up to ₹25,000 in post-2016 Indian notes for Indians, Nepalis
Updated On : 26 Jul 2026 | 11:34 AM IST

1 dead, 16 hurt after van rams Berlin Pride event, police identify suspect

Berlin police said they have identified a suspect who has not been arrested and he has ties to Islamic extremists in the German capital

1 dead, 16 hurt after van rams Berlin Pride event, police identify suspect
Updated On : 26 Jul 2026 | 11:30 AM IST

Israel expects Indian tourist arrivals to reach pre-war levels by 2027

Israel had witnessed one of its strongest tourism recoveries following the Covid-19 before the conflict interrupted its growth, Amruta Bangera, Director of Marketing, Israel Ministry of Tourism said

Israel expects Indian tourist arrivals to reach pre-war levels by 2027
Updated On : 26 Jul 2026 | 10:56 AM IST

US court blocks Trump bid to enforce mail voting overhaul before midterms

A US appeals court refused to lift a lower court order blocking key parts of Donald Trump's executive order over mail voting in Democratic-led states

US court blocks Trump bid to enforce mail voting overhaul before midterms
Updated On : 26 Jul 2026 | 7:55 AM IST

Oil near $100 puts US Fed, other central banks in interest-rate spotlight

Three days of Group of Seven rate decisions, starting with the US Fed, followed by peers at the Bank of England and Bank of Japan, may show vigilance at the prospect of energy-driven inflation

Oil near $100 puts US Fed, other central banks in interest-rate spotlight
Updated On : 26 Jul 2026 | 7:54 AM IST

Nepal seeks India's nod to accept biometric card for cross-border travel

The proposal has been routed through diplomatic channels to New Delhi, and Nepal's Department of Immigration (DoI) is currently awaiting a formal response

Nepal seeks India's nod to accept biometric card for cross-border travel
Updated On : 26 Jul 2026 | 7:46 AM IST

More than 250,000 people flee as wildfires spread across France, Spain

Authorities on Saturday ordered the immediate evacuation of some western suburbs of Bordeaux, a city in southwestern France famed for its wines

More than 250,000 people flee as wildfires spread across France, Spain
Updated On : 26 Jul 2026 | 7:37 AM IST

Iran war spreads to Red and Caspian Sea, Gulf quiet as US forgoes strikes

The US military said on Saturday that its naval blockade against Iran 'remains in full effect' but did not explain why it halted a streak of 13 nights of escalating strikes

Iran war spreads to Red and Caspian Sea, Gulf quiet as US forgoes strikes
Updated On : 26 Jul 2026 | 7:36 AM IST

Airstrikes pause, talks continue: Can US and Iran take the off-ramp?

A regional official involved in the mediation efforts said that concerted diplomacy was underway and that a pause in US strikes and Iranian counterstrikes was a positive signal

Airstrikes pause, talks continue: Can US and Iran take the off-ramp?
Updated On : 26 Jul 2026 | 7:30 AM IST

Typhoon Noul makes landfall in southern China, over 340,000 evacuated

As Noul approached Hong Kong, parts of a large scaffolding on a high-rise building collapsed Saturday afternoon, local police said, adding that initial reports indicated there were no injuries

Typhoon Noul makes landfall in southern China, over 340,000 evacuated
Updated On : 26 Jul 2026 | 7:27 AM IST

US oil refiners stretch capacity as outage risks threaten fuel markets

Refiners are postponing routine maintenance to maximise profits, but industry experts say sustained near-full capacity is neither safe nor operationally sustainable

US oil refiners stretch capacity as outage risks threaten fuel markets
Updated On : 25 Jul 2026 | 11:34 PM IST

Russian Dy PM says country will end diesel export ban when market recovers

The diesel ban will be lifted in due course to prevent refineries from facing a glut and having to cut processing volumes, Novak told

Russian Dy PM says country will end diesel export ban when market recovers
Updated On : 25 Jul 2026 | 11:22 PM IST

Flavio Bolsonaro nominated for Brazil presidency amid legal challenges

Bolsonaro's Liberal Party officially nominated the senator on Saturday at a national convention in Sao Paulo, with allies including Argentina's Javier Milei in attendance

Flavio Bolsonaro nominated for Brazil presidency amid legal challenges
Updated On : 25 Jul 2026 | 11:16 PM IST

DeepSeek puts fundraising on hold after founder's remarks go viral: Report

The Chinese AI pioneer verbally informed some of its would-be backers that they wouldn't be signing investment agreements in the coming days, as they had expected

DeepSeek puts fundraising on hold after founder's remarks go viral: Report
Updated On : 25 Jul 2026 | 9:17 PM IST

China activates flood-control emergency as Typhoon Noul set to hit coast

The regions are Fujian, Jiangxi, Henan, Hubei, Hunan, Guangdong and Guangxi, covering large parts of eastern, central and southern China

China activates flood-control emergency as Typhoon Noul set to hit coast
Updated On : 25 Jul 2026 | 9:07 PM IST

US 'locked and loaded' for Iran strikes but no final decision yet: Trump

US President said Washington was ready for major military action against Iran but had not yet decided whether to proceed, even as the two sides continued talks amid escalating regional hostilities

US 'locked and loaded' for Iran strikes but no final decision yet: Trump
Updated On : 25 Jul 2026 | 10:44 AM IST

US appeals court refuses to revive Trump admin's $100,000 H-1B visa fee

The First Circuit Court of Appeals declined to pause a lower court order that struck down the $100,000 fee on new H-1B visas, saying the administration had not shown Congress authorised the charge

US appeals court refuses to revive Trump admin's $100,000 H-1B visa fee
Updated On : 25 Jul 2026 | 9:58 AM IST

Wildfires force evacuation of over 200K people in France and Spain

Blazes fuelled by extreme heat and dry conditions forced around 200,000 people to evacuate from areas near Bordeaux and Madrid, with firefighters struggling to contain fast-moving flames

Wildfires force evacuation of over 200K people in France and Spain
Updated On : 25 Jul 2026 | 8:49 AM IST

Trump threatens fresh EU tariffs after $1 billion Google antitrust fine

Trump said Washington would launch a Section 301 trade investigation into EU after regulators imposed antitrust fine on Google, calling the penalties discriminatory against US technology firms

Trump threatens fresh EU tariffs after $1 billion Google antitrust fine
Updated On : 25 Jul 2026 | 8:28 AM IST