COURT RULINGS
Trump administration asks Supreme Court to allow billions of foreign aid cuts: Report
The Trump administration has made an emergency request to the Supreme Court to freeze billions in foreign aid approved by Congress. This action follows a U.S. appeals court decision that prevented the administration from unilaterally cutting the funds.
Will the court roll back Trump tariffs? Odds are high
The US Supreme Court will soon decide on the legality of tariffs imposed by the Trump administration. A ruling against Trump could force the government to refund billions to American companies. Treasury Secretary Scott Bessent acknowledges this possibility. The court's decision will impact Trump's trade legacy and presidential power. Trump may face global embarrassment if the court rules against him.
In rare ruling, Israeli Supreme Court says Israel deprives Palestinian prisoners of food
Israel's Supreme Court has ordered the government to improve the quantity and quality of food provided to Palestinian detainees, citing a failure to meet basic subsistence needs. This rare rebuke during the Israel-Hamas war follows complaints of malnutrition and starvation in Israeli detention facilities.
Several of Trump's immigration policies have faced lawsuits, court rulings
President Trump's stringent immigration policies, including expanded deportations and challenges to birthright citizenship, have faced significant legal challenges. Courts have blocked the administration's use of the Alien Enemies Act against alleged gang members and halted fast-track deportations, citing due process concerns. The future of Temporary Protected Status and humanitarian parole remains uncertain as legal battles continue, impacting millions.
Over 91 pc of 3.19 lakh candidates appear for Bengal SSC teacher job exam for classes 9-10
West Bengal successfully conducted the School Level Selection Test (SLST) for assistant teachers in classes 9 and 10, with a high turnout of candidates, including many from other states. The exam, held after a Supreme Court order cancelled over 26,000 jobs, saw tight security measures and unique identification features on question papers.
Supreme Court ruling on IEEPA could reshape US tariff strategy
The US-Japan auto tariff cut and potential easing of semiconductor duties signal shifting trade policy, but Jahangir Aziz warns deeper uncertainties loom with IEEPA under judicial review. He highlights risks for global trade, India’s cautious stance, and temporary boosts from GST reforms and consumption measures.
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Thailand's former Prime Minister Thaksin makes surprise departure ahead of a risky court ruling
Thailand's former Prime Minister Thaksin Shinawatra abruptly left the country before a crucial court ruling that could lead to a new prison sentence. This exit follows his daughter's removal as prime minister due to an ethics violation.
If Trump's biggest tariffs get thrown out, companies could get a refund - but not consumers
President Trump's imposition of tariffs under the International Emergency Economic Powers Act is facing legal challenges, with courts ruling he overstepped his authority. This could lead to the government refunding billions of dollars in collected tariffs to importers. The Supreme Court is now being asked to intervene, potentially impacting trade revenue and raising concerns about economic repercussions.
Trump says US would be on 'brink of economic catastrophe' unless justices rule his tariffs are legal
Donald Trump's administration urgently appealed to the Supreme Court to uphold his tariffs, claiming their removal would devastate the U.S. economy. Solicitor General D. John Sauer requested an expedited decision, emphasizing the tariffs' role in promoting peace and economic prosperity, and combating issues like fentanyl and the Russia-Ukraine conflict.
Court blocks Chrome sale! Google stock shoots up after major antitrust ruling
Google stock surged nearly 8% to $211.35 after a landmark court ruling spared Chrome from a forced breakup, adding over $150 billion in market value and marking Alphabet’s strongest rally of 2025.
Trump administration to appeal court ruling on Harvard's funding case
The Trump administration is appealing a federal court's decision to lift the freeze on Harvard University's research funding, arguing the initial freeze was constitutional. The White House criticizes the judge's ruling and expresses confidence in ultimately prevailing. The case could proceed through the appeals court or directly to the Supreme Court, potentially impacting Harvard's access to funds.
Trump administration asks Supreme Court to quickly take up tariffs case after appeals court loss
The Trump administration has approached the Supreme Court regarding tariff powers. They are seeking a quick ruling on the president's authority to impose trade penalties. This appeal follows a lower court ruling against the tariffs. Small businesses claim economic hardship due to these tariffs. The government warns that striking down tariffs could impact ongoing trade negotiations.
Alphabet shares surge over 6% after court rules against a breakup
Alphabet's shares surged after a U.S. judge ruled against breaking up Google, adding over $170 billion to its market value. The ruling allows Google to maintain control over Chrome and Android, while barring certain exclusive contracts. Analysts believe this outcome removes a significant legal overhang, potentially deepening Alphabet's partnership with Apple and integrating Gemini AI into iPhones.
Alphabet shares jump as US court ruling eases antitrust concerns
Alphabet shares jumped 6% after a US judge ruled Google won't face a breakup in an antitrust case, allowing it to keep Chrome and Android. While some exclusive deals are barred, core partnerships like Apple remain intact. The decision eases regulatory concerns and boosts investor confidence in Alphabet’s future.
SC says person can avoid jail time in a cheque bounce case if...
The Supreme Court has ruled that a person convicted in a cheque bounce case can avoid jail if they reach a compromise with the complainant. The court emphasized that cheque dishonor is primarily a civil wrong, explicitly made compoundable by law.
From Rs 21,350 tax demand to zero tax; How a taxpayer won Section 87A case in ITAT Bengaluru
In a taxpayer-friendly ruling, the ITAT Bengaluru allowed Mr. Jakkaraju's Section 87A tax rebate claim, even though it was filed in a revised ITR. The tribunal emphasized that the initial failure to claim the rebate constituted a valid reason for revision. This decision aligns with a Bombay High Court ruling, ensuring taxpayers can rectify omissions and avail of entitled benefits.
Trump cannot use Alien Enemies Act to deport members of Venezuelan gang, appeals court rules
A US court has stopped Donald Trump from using an old war law. This law aimed to deport people linked to a Venezuelan gang. Judges said the law was not for gangs. The Trump government had sent some people to El Salvador. The court ruling can be challenged. The Supreme Court may decide the final outcome.
Wall Street ends lower as ruling on Trump tariffs raises concerns
Wall Street experienced a downturn on Tuesday, influenced by uncertainty surrounding President Trump's tariffs after a court ruling deemed them largely illegal. Investors are also anticipating the upcoming U.S. payrolls report amidst concerns of weak job growth. The Dow, S&P 500, and Nasdaq all declined. While real estate suffered, PepsiCo saw gains due to activist investor interest.
Trump administration to ask Supreme Court for expedited ruling on tariffs; here’s why the US president feels it's crucial
Trump plans to challenge the tariff ruling in the Supreme Court, seeking a quick decision. The appeals court said Trump lacked the power to impose tariffs. Scott Bessent believes the Supreme Court will support Trump. The court allowed tariffs till October 14. Trump says the tariffs are important for the economy. The ruling challenges Trump's economic policy.
Without tariffs America could be a third world country: Trump says administration to seek early SC ruling on tariffs
Donald Trump said his administration will go to the Supreme Court. They will seek a quick decision on tariffs. He warned that the country would face serious problems without them. Trump described a lower court ruling as shocking. The ruling created uncertainty about trillions of dollars collected through tariffs. He spoke at a press conference in the Oval Office.
Musk's X Corp wins spat with former employees over arbitration fees
A US appeals court ruled X Corp cannot be forced to cover upfront arbitration fees in disputes with ex-employees fired after Elon Musk’s takeover. By opting to go through arbitration, the workers forfeited the ability to have federal courts resolve any disputes over fees, the court said.
Treasury chaos: 30-year yield soars past 4.97% as US faces tariff refund threat
Treasury yields moved higher as investors worried about the future of U.S. tariffs after a key court ruling. The 30-year yield crossed 4.97%, its highest in weeks, while global bond markets also saw a sharp rise. The case over Trump tariffs has now created fresh questions for Wall Street, government revenue, and market stability.
Trump warns US would be "completely destroyed" without tariffs, blasts court ruling but praises lone Obama-appointed judge
A US appeals court ruled 7 to 4 that most of President Trump’s broad tariffs exceeded his authority under the International Emergency Economic Powers Act, though enforcement is stayed until 14 October to allow an appeal. Mr Trump defended the levies on Truth Social, saying “Without Tariffs… our Country would be completely destroyed,” and thanked an Obama-appointed judge who dissented. Sector specific tariffs under Section 232, including expanded steel and aluminium duties, were not affected and remain in force. Legal and commercial uncertainty continues.
US still working on trade deals despite court ruling, USTR says
Despite a U.S. appeals court ruling against most of President Trump's tariffs, the administration is continuing trade talks with partners, according to U.S. Trade Representative Jamieson Greer. Greer noted that countries are proceeding with deals regardless of the court's decision.
US appeals court rules Trump's tariffs illegal, setting stage for Supreme Court battle
A US appeals court has deemed most of Donald Trump's tariffs illegal, challenging his key economic policy. The court allowed a temporary stay until October 14 for a potential Supreme Court appeal. This decision, alongside a legal battle over Federal Reserve independence, sets up a major legal showdown over Trump's economic policies, impacting trade relations and financial markets.
Federal court strikes Trump’s tariffs — will consumers finally see cheaper imports
The federal appeals court’s decision against Trump’s sweeping tariffs has thrown U.S. trade policy into limbo — but not prices at the checkout line. Despite the ruling, tariffs are still in force until mid-October, leaving Americans stuck with costlier cars, clothing, and groceries while the Supreme Court takes up the fight.
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