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Women are one of the most powerful creations of God.

Individuals looking to update their mobile numbers linked with Aadhaar

NEW DELHI: The government has raised the price of natural

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Women are one of the most powerful creations of God. It’s a fact that Indian women have fought their way to success in every field proving they are no less

Individuals looking to update their mobile numbers linked with Aadhaar must visit an Aadhaar Seva Kendra or enrolment centre, as online updates are not permitted due to the mandatory biometric

NEW DELHI: The government has raised the price of natural gas from state-run ONGC and Oil India Ltd’s legacy fields to $6.89 per unit (million British thermal units) for July

Several small-cap stocks surged as much as 20% in Monday’s trade even as benchmark indices slipped into the red amid brisk selling in large-cap counters.According to an ET report, top

The Reserve Bank of India (RBI) has called for financial institutions to adopt risk-based supervision, zero-trust cybersecurity frameworks and AI-aware defence strategies to counter the rising threat of cyberattacks and

Here’s what happens when the body is gently nudged into waking earlier, without the usual suffering. The brain has its own internal clock, known as the circadian rhythm. It thrives

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NEW DELHI: The government has raised the price of natural gas from state-run ONGC and Oil India Ltd’s legacy fields to $6.89 per unit (million British thermal units) for July

Several small-cap stocks surged as much as 20% in Monday’s trade even as benchmark indices slipped into the red amid brisk selling in large-cap counters.According to an ET report, top

The Reserve Bank of India (RBI) has called for financial institutions to adopt risk-based supervision, zero-trust cybersecurity frameworks and AI-aware defence strategies to counter the rising threat of cyberattacks and

The central government’s fiscal deficit fell sharply to 0.8 per cent of the full-year target at the end of May 2025, aided by a record Rs 2.69 lakh crore dividend

The new fares shall be effective for tickets purchased from July 1, 2025. Indian Railways has on Monday officially notified a minor increase in railway fares, effective July 1, 2025.

India’s industrial output growth fell to a nine-month low of 1.2% in May 2025, dragged down by weak performance in the manufacturing, mining, and electricity sectors, data released by the

De minimis trade loophole to end May 2, White House says

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A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023.

Stephanie Keith | Bloomberg | Getty Images

President Donald Trump on Wednesday signed an executive order shutting the de minimis trade loophole, effective May 2.

Trump in February abruptly ended the de minimis trade exemption, which allows shipments worth less than $800 to enter the U.S. duty-free. The order overwhelmed U.S. Customs and Border Protection employees and caused the U.S. Postal Service to temporarily halt packages from China and Hong Kong. Within days of its announcement, Trump reversed course and delayed the cancellation of the provision.

Wednesday’s announcement, which came alongside a set of sweeping new tariffs, gives customs officials, retailers and logistics companies more time to prepare. Goods that qualify under the de minimis exemption will be subject to a duty of either 30% of their value, or $25 per item. That rate will increase to $50 per item on June 1, the White House said.

Use of the de minimis provision has exploded in recent years as shoppers flock to Chinese e-commerce companies Temu and Shein, which offer ultra-low cost apparel, electronics and other items. The U.S. Customs and Border Protection has said it processed more than 1.3 billion de minimis shipments in 2024, up from over 1 billion shipments in 2023.

Critics of the provision say it provides an unfair advantage to Chinese e-commerce companies and creates an influx of packages that are “subject to minimal documentation and inspection,” raising concerns around counterfeit and unsafe goods.

The Trump administration has sought to close the loophole over concerns that it facilitates shipments of fentanyl and other illicit substances on the claims that the packages are less likely to be inspected by customs agents.

Temu and Shein have taken steps to grow their operations in the U.S. as the de minimis loophole has come under greater scrutiny. After onboarding sellers with inventory in U.S. warehouses, Temu recently began steering shoppers to those items on its website, allowing it to speed up deliveries. Shein opened distribution centers in states including Illinois and California in 2022, and a supply chain hub in Seattle last year.

WATCH: President Trump signs executive orders for reciprocal tariffs

Pres. Trump signs executive orders for reciprocal tariffs



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