Trump signals possible auto tariff reprieve to help carmakers shift supply chains

US President Donald Trump is contemplating temporary exemptions for the auto industry from tariffs he previously imposed, aiming to allow car manufacturers time to adjust their supply chains. | Photo Credit: MIKE BLAKE/Reuters US President Donald Trump on Monday suggested that he might temporarily exempt the auto industry from tariffs he previously imposed on the…

‘Grahak Mitras’ to shepherd SBI customers towards alternate banking channels

State Bank of India (SBI) plans to engage the services of personnel from its wholly-owned subsidiary, State Bank Operations Support Services (SBOSS), to shepherd its customers towards alternate banking channels. The role of the “Grahak Mitra” (customers’ friend) from SBOSS will be to encourage customers to utilise the services available through self-service channels and also…

Belgium acts on extradition plea, nabs Mehul Choksi

Our Bureau & Agencies In a significant breakthrough in Rs 13,000 crore Punjab National Bank loan fraud, the Belgian police has arrested absconding diamantaire Mehul Choksi. The arrest was carried out on the basis of an extradition request made by the Central Bureau of Investigation and the Enforcement Directorate, news agency PTI reported.  Choksi, who has been on the run for past…