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BMC presents its biggest-ever Rs 74,427 crore budget, no hike in taxes

Mumbai: The Brihanmumbai Municipal Corporation (BMC) on Tuesday presented a Rs 74,427.41 crore budget, its biggest-ever, for financial year 2025-26 without any hike in taxes. Elections to the country’s biggest civic body, pending for three years, are expected to be held this year. The budget was presented to municipal commissioner Bhushan Gagrani, the state-appointed administrator…

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China hits back as Trump’s tariffs go into effect

Hong Kong: Beijing announced tariffs on Tuesday on certain American imports including fuels and slapped export controls on several raw materials in retaliation for the Trump administration’s imposition of 10% tariffs on Chinese imports into the United States. The fresh duties, announced by China’s Ministry of Finance, levy a 15% tax on certain types of…

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