India

US President Donald Trump. File Image: AP

Trump pushes for Iran's surrender as Tehran accuses US of violating ceasfire ↗

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Rich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hurdles. Many are exploring offshore trusts, insurance wrappers and RBI-approved restructuring, while some are resorting to regulatory grey zones to transfer wealth or fund children’s US EB-5 investor visas. Experts warn unclear rules on gifting overseas stocks and sale proceeds to NRIs could trigger future FEMA scrutiny.

The Economic Times

Death tax trap: Uncle Sam's wealth puzzle spooks rich Indians ↗

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In March, HDFC Bank chairman quit citing ethics. What bank didn’t reveal: Its probe found that violating RBI, bank’s norms, Rs 45-cr extra interest was paid to Maharashtra State Road Development Corp as sponsorship for road safety drive.

The Indian Express

HDFC Bank ‘camouflaged’ crores as marketing spend to pay higher interest to state firm ↗

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Two-wheeler companies have benefited from the earlier GST rate cuts, and seen continued strong growth in vehicles sales – starting from festival sales in December 2025 to March 2026 quarter, and also in April 2026. To help readers identify a two-wheeler stock to put on their watch list of stocks for 2026, we looked at valuations and growth on various operational parameters for three leading two-wheeler companies.

Financial Express

85% April sales surge: The auto giant trading at a 50% discount to rivals ↗

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Smoke rises following an Israeli airstrike on the Rashidieh Palestinian refugee camp in the Tyre district of southern Lebanon. Despite a ceasefire that came into effect on April 17, Israel and Hezbollah have continued to exchange fire on a near-daily basis. AFP

Israeli attacks in Lebanon kill 31 people in deadliest strikes since April ceasefire ↗

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India is seeking a trade deal that gives it tariff advantage over competitors, while talks with the US continue ahead of a possible USTR visit next month.

Financial Express

Expect India-US Trade deal Before July 24: Commerce Secretary ↗

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Hindustan Times

US-Iran war: The long shadows of the conflict fall on India ↗

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Political Leadership: Congress urges Siddaramaiah to resign for a smooth leadership transition in Karnataka, following a meeting with Rahul Gandhi.

Congress says time's up: Siddu asked to step down as K'taka CM ↗

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