The major questions doctrine is a US legal principle requiring that actions by the executive branch with "vast economic and political significance" must have clear and explicit authorisation from Congress. In the Supreme Court ruling that struck down Donald Trump's use of the 1977 International Emergency Economic Powers Act (IEEPA) to impose sweeping global tariffs, this doctrine was applied.

On being asked if India will have to pay US President Donald Trump's 10% global trade tariffs after Supreme Court's verdict on IEEPA, a White House official told ANI, "Yes, 10% until another authority is invoked." US had reduced tariffs on India to 18% as part of the interim trade deal. Trump has emphasised nothing has changed in the deal.

Indian-American lawyer Neal Katyal led the legal challenge in US Supreme Court against Donald Trump's sweeping global tariffs. Born in Chicago to Indian immigrant parents, he was formerly the Acting Solicitor General of US and is currently a partner at Milbank LLP, an international law firm. "The... court gave us everything we asked for in our...case," the 55-year-old said.

US President Donald Trump said nothing has changed in India-US trade deal after US Supreme Court's decision on Trump's tariffs. "[PM Narendra Modi] was ripping us off, so we did a little flip," Trump remarked, saying PM Modi was "smarter than people he was up against" in US. "We're not paying tariffs to them, and they're paying tariffs," he added.

Income from farming activities on agricultural land in India is fully tax-exempt, reported News18. Cash or property gifts received from specified relatives and withdrawals from a recognised Provident Fund after five years of continuous service are completely tax‑free. Gratuity received by government employees is fully exempt, while gratuity is tax‑free up to ₹20 lakh for private sector employees.

US President Donald Trump, who announced 10% extra global tariff after US Supreme Court's verdict, said he was "modest" while imposing tariffs till now. "I wanted to be...well behaved...I didn't want to do anything that'd affect court's decision," Trump said. "I wanted to be a good boy...Now I'll go in [stronger] way," he added, as Commerce Secretary Howard Lutnick laughed.

US President Donald Trump criticised the country's Supreme Court verdict, which blocked a majority of the tariffs he imposed on other countries. Calling the verdict "deeply disappointing", Trump said he was “ashamed of certain members of the Court" for blocking his use of emergency powers to impose sweeping import duties. "Foreign countries are so happy," he added.

US Supreme Court's verdict on Donald Trump's reciprocal and fentanyl tariffs said IEEPA, the law under which he imposed the tariffs, allows him to deal with foreign threats during national emergencies. "Context and common sense buttress that interpretation of IEEPA," the ruling noted, adding, "The President could...block all Chinese imports but cannot order even a $1 tariff on Chinese imports."

US President Donald Trump announced that his country will now start charging 10% additional tariffs on countries after the US Supreme Court said he couldn't use IEEPA to impose reciprocal and fentanyl tariffs. He also clarified that all existing US tariffs remain in "full force and effect". The court's decision will increase the US' income from tariffs, he added.

SRx Health Solutions boosted its ownership in Opendoor Technologies by 30% after the company posted strong Q4 revenue of $736 million. OPEN shares surged 12% on the beat. SRx views the stock as undervalued. This follows Lennar Corporation recently taking a significant position in the digital real estate platform, signaling growing investor confidence.