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    Murky outlook for businesses after tariff ruling prompts countermoves by Trump
    Indian-origin lawyer at centre of landmark Supreme Court verdict against Trump
    Supreme Court struck down Trump's tariffs. Now comes hard work of issuing refunds
    Perfios Launches 'KScan AI': Empowers BFSI with AI-powered Business Intelligence and Risk Assessment of 30 Million Indian MSMEs
    Indian goods face only 10 pc reciprocal levy in US after court ruling, new order: Exporters
    Minutes of the Monetary Policy Committee Meeting, February 4 to 6, 2026 [Under Section 45ZL of the Reserve Bank of India Act, 1934]
    US trade deal has become an ordeal: Congress slams PM Modi
    Nothing changes, India will be paying tariffs; we will not be paying tariffs: Trump after SC ruling
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February 21, 2026
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Presidential tariff authority limited by court; administration seeks alternative statutory paths to maintain import duties, prolonging business uncertainty.
The Supreme Court ruled the president lacked authority under the emergency-powers framework to impose import tariffs, voiding tariffs imposed on that basis while leaving open the administration's use of other statutory authorities to impose duties; the decision narrows one executive route for tariffs but creates complex refund and recovery issues and leaves many existing tariffs under different authorities intact.
February 21, 2026
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Separation of powers affirmed: Presidential global tariffs invalidated, reaffirming that only Congress may impose taxes.
A Supreme Court decision concluded that broad presidential global tariffs exceeded executive authority by encroaching on Congress's exclusive power over taxation; counsel for small businesses argued the levies operated as taxes imposed without congressional authorization, framing the dispute as a structural separation of powers issue and reaffirming that only Congress can impose taxes.
February 21, 2026
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Invalidation of emergency tariff authority leaves collected import duties subject to refund and protracted litigation.
The Supreme Court held the International Emergency Economic Powers Act did not authorize presidential tariffs, leaving collected import duties unlawful but not prescribing a refund mechanism. Administration of refunds will likely involve the customs agency, specialised trade tribunals and lower courts, utilising or adapting existing duty correction procedures, and is expected to produce prolonged, multi jurisdictional litigation as importers seek recovery while consumers face evidentiary obstacles to claiming pass through losses.
February 21, 2026
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KYC/KYB compliance automation expands: AI platform streamlines MSME due diligence, risk screening and faster onboarding for lenders.
An AI-powered KYC/KYB platform automates entity and individual due diligence and compliance for the BFSI sector, centralising MSME discovery and risk evaluation via a large multi-source data lake. It supports onboarding, underwriting, GTM optimisation and credit decisioning by converting fragmented business information into actionable intelligence. The system enables scaled lead generation, automated due diligence, and extensive sanction and litigation screening to bolster anti-money laundering controls, and provides a Model Context Protocol allowing configurable AI agents and custom model integration to align with institutional policies.
February 21, 2026
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Temporary import surcharge lowers reciprocal US tariff on Indian goods following legal limitation on presidential tariff powers
A presidential proclamation imposes a temporary import surcharge of ten per cent ad valorem, effective February 24, 2026, applied in addition to existing Most Favoured Nation duties; this replaces prior broader reciprocal levies on Indian goods, while higher sectoral tariffs for specified products remain and the surcharge applies only to a portion of exports due to coverage exemptions.
February 21, 2026
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Policy repo rate unchanged; MPC retains neutral stance as inflation stays benign while growth outlook strengthens.
Under Section 45ZL the MPC's minutes record a unanimous decision to keep the policy repo rate unchanged and to retain the neutral stance after reviewing staff projections, surveys and alternative risk scenarios. The committee judged growth prospects to have strengthened while headline inflation remains benign though modestly revised upward for near quarters due mainly to precious metals; risks to the outlook are broadly balanced and policy will be guided by incoming data and the progress of transmission.
February 21, 2026
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Constitutional limits on presidential tariff power overturned global tariffs, reshaping the interim India-US trade deal consequences.
The US Supreme Court invalidated the President's global tariffs imposed under emergency powers, finding tariff authority lies with Congress; the decision undercuts executive unilateral tariff measures. The India-US interim agreement saw an Executive Order lifting prior punitive tariffs in return for India's energy purchasing commitments, and a reduced reciprocal tariff rate was agreed. Indian political opposition alleges the deal's timing reflected executive haste that risked sovereign bargaining leverage and domestic agricultural interests.
February 21, 2026
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Presidential tariff authority curtailed; temporary global import duty imposed to rebalance trade while India trade framework remains intact.
The Supreme Court held that the President exceeded authority in imposing sweeping tariffs; in response the President signed a Proclamation imposing a temporary import duty to address international payments problems and rebalance trade relationships, effective on a specified date for a limited period. The President stated that an interim trade framework with India remains in place, removing certain punitive tariffs on India under an Executive Order while asserting India will assume tariff obligations under the bilateral arrangement.
February 21, 2026
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Emergency powers tariffs invalidation prompts presidential denunciation of justices and raises separation of powers and institutional independence debate.
Six justices invalidated presidential global tariffs imposed under an asserted emergency powers statute, framing the central legal question as the permissible scope of executive authority to impose trade restrictions without clear congressional authorization, and the litigation tested statutory delegation, administrative action in the trade context, and judicial review of national-security framed economic measures.
February 21, 2026
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Emergency power limits prompt alternative executive tariff action, raising concerns about agriculture costs and trade uncertainty.
The Supreme Court invalidated a presidential tariff framework as an unlawful exercise of emergency power, leading the president to announce use of alternative executive authority to impose a temporary global tariff. Stakeholders warned that further tariff actions or use of other authorities would increase agricultural input costs and create trade uncertainty, while business groups said ties with trade partners remain intact despite the disruption.
February 21, 2026
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Presidential emergency powers curtailed as court invalidates broad tariffs imposed under IEEPA, overturning central global levies.
The Supreme Court found the President exceeded authority under the International Emergency Economic Powers Act by using IEEPA to impose broad tariffs, invalidating core IEEPA-based measures including the Liberation Day global tariff framework and subsequent trafficking and country-specific levies on Canada, Mexico, China, Brazil and India; sectoral and non-IEEPA tariffs remain in place while the executive considers alternative measures.
February 21, 2026
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Executive emergency tariff authority limited, prompting administration to pursue alternative statutory bases for imposing tariffs.
The Supreme Court concluded that the Constitution vests the taxing power in Congress and that the emergency statute invoked by the Executive does not authorize imposition of tariffs as revenue measures, constraining executive emergency tariff authority; the administration plans to rely on alternative statutory bases to replace the invalidated tariffs.
February 21, 2026
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Tariff policy remains central as the India trade arrangement continues despite judicial limits on tariff authority.
President Trump stated the bilateral trade arrangement with India remains in effect after the Supreme Court invalidated his broad tariffs, noting an Executive Order rescinded punitive tariffs on Indian oil imports from Russia and an Interim Agreement framework reduces reciprocal U.S. tariff treatment toward India while maintaining tariffs on Indian imports under the new terms; he framed tariffs as leverage for energy-sourcing commitments and de-escalation between India and Pakistan.
February 21, 2026
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IEEPA authority rejected, limiting tariff powers while administration decries the decision and cites geopolitical effects.
The Supreme Court held that the International Emergency Economic Powers Act does not authorize imposition of duties, constraining executive authority to impose tariffs under national emergencies; the President criticized the ruling and reiterated that tariffs were used as a foreign policy tool to end hostilities between India and Pakistan, a claim denied by India which attributes cessation to direct military talks.
February 21, 2026
Show AI Summary
Global tariff authority challenged after court invalidated emergency-use tariffs; president plans executive-order, time-limited alternative.
A judicial body invalidated a broad presidential program of global tariffs as an unlawful exercise of emergency power, eliminating the administration's primary emergency-based mechanism for imposing unilateral worldwide duties. The president announced intent to use an alternative statutory authority via executive order that would impose time-limited tariffs restricted to 150 days, signaling a shift to a different administrative vehicle for trade measures.
February 21, 2026
Show AI Summary
Emergency powers invalidation limits executive authority to impose unilateral tariffs, nullifying sweeping reciprocal import duties.
The executive's imposition of sweeping "reciprocal" import duties under a claimed emergency powers statute was found unlawful; the tariffs were invalidated because setting import duties required clear congressional authorization rather than unilateral emergency proclamations, signaling a legal limit on executive authority to alter statutory tariff schemes by emergency declaration.
February 21, 2026
Show AI Summary
Judicial review of emergency tariff powers restores congressional tariff authority, affecting recently announced India-US trade concessions.
The US Supreme Court struck down President Trump's global tariffs imposed under emergency powers, finding tariff authority lies with Congress, thereby removing the legal basis for those sweeping reciprocal tariffs. Indian opposition leaders contend that a recently announced India-US trade framework contained concessions extracted while the tariffs were assumed valid, and they seek clarity on whether those commitments-covering tariff eliminations, import targets, energy sourcing, and non tariff barrier commitments-will persist or be revisited following the judgment.
February 20, 2026
Show AI Summary
IEEPA authority invalidated - certain IEEPA based tariffs now refundable to importers who directly paid them.
IEEPA based tariffs were deemed impermissible, allowing refunds only to US importers of record or consignees who directly paid tariffs. Eligible tariffs include IEEPA imposed levies commonly termed fentanyl, trafficking, reciprocal or baseline tariffs, including certain tariffs on goods from Brazil and India. Refunds exclude duties imposed under other statutory authorities such as anti dumping, countervailing, trade remedy or national security provisions. The administrative procedure and timing for claims remain uncertain pending further court and executive guidance.
February 20, 2026
Show AI Summary
Presidential emergency powers limited: IEEPA cannot be used to impose broad import tariffs, leaving refund questions open.
The Supreme Court concluded that the International Emergency Economic Powers Act does not authorize the president to impose broad import tariffs, stressing that authority to levy taxes and tariffs rests with Congress and that longstanding practice shows such power has not been exercised under IEEPA. The opinion invalidates tariffs enacted under emergency proclamations while leaving untouched tariffs based on other statutory grounds, and it leaves unresolved whether and how refunds should be returned to importers who paid the challenged levies.
February 20, 2026
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Presidential emergency tariff power invalidated, forcing alternative legal routes and prolonging trade and political uncertainty.
The Court held the president lacked authority to declare an economic emergency and impose sweeping import tariffs, removing an executive legal basis for those tariffs and forcing the administration to pursue alternative statutory mechanisms, which will prolong legal and political debate over trade policy.

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Best Crypto to Buy Now Feb 2026: DeepSnitch AI’s 159 Percent Price Surge Fuels High Buying Volume as Siren Plummets, Analyst Warns Bitcoin Could Fall to USD 50K Before Finding True Bottom

February 10, 2026

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Despite Bitcoin’s recent uptick, some analysts have warned that the cryptocurrency’s bear market may not be over. One analyst noted that a “real bottom” could form when Bitcoin drops to $50,000. While the market awaits Bitcoin's next move, the price of DeepSnitch AI (DSNT) has increased to $0.03906. This translates to a 159% increase from the initial price of $0.0151.

The utility-based coin has captured the interest of investors seeking the best crypto to buy now with its AI utility and high growth potential. You can join the project now and use the four bonus codes to get more coins, which could be worth millions if the price increases to $1.

Bitcoin bear market not over as trader eyes $50k ‘real bottom’ Although Bitcoin has reclaimed the $70K level, several analysts remain unconvinced that the recent sell-off has ended. Independent analyst Filbfilb compared current price action with the 2022 bear market and warned that a true bottom has yet to form.

He cited the wide gap below the 50-week EMA near $95,300. Trader BitBull echoed the view, saying final capitulation has not occurred.

He suggested Bitcoin could fall below $50,000, a level where many spot ETF buyers would be underwater. Analyst Tony Severino also pointed to multiple indicators signalling that further downside and new lows remain likely.

Best crypto to buy now: Top three overlooked coins to consider 1. DeepSnitch AI (DSNT): The next crypto to 100X in 2026? DeepSnitch AI is one of the most interesting projects within the crypto sphere nowadays. Its presale expansion makes it one of the top cryptocurrencies to buy today among investors who want coins with utility and potential growth. In contrast to speculative tokens, its value proposition lies in the real-world use: democratizing access to institutional-grade AI tools.

DeepSnitch AI has five AI agents, which include SnitchGPT, SnitchScan, SnitchFeed, AuditSnitch, and SnitchCast. These agents automate key trading processes such as whale tracking, market monitoring, smart contract auditing, and real-time market sentiment decoding.

This is aimed at providing you with clear information on the direction of the market and how to position yourself. For forward-thinking individuals looking beyond mere hype, DeepSnitch AI stands out as the best crypto to buy now.

It is currently in the fifth stage of its presale and is valued at $0.03906. DeepSnitch AI has raised over $1.52M in funding and is drawing closer to the $2M mark.

It is rumored that DeepSnitch AI may be going public on exchanges soon, a move that could trigger a massive price increase. The current bonuses of 30%, 50%, 150%, and 300% makes it the best crypto to buy now and an excellent chance to accumulate more coins.

https://youtu.be/K6HGIhxrfsI 2. Siren price plummets after recent rally The Siren crypto is one of the trending coins this week. Per CoinGecko data, the Siren coin witnessed a massive spike on February 7, following news reports that it was one of the memecoins Changpeng Zhao burned.

The news sparked a massive increase in demand, pushing the Siren price to an all-time high of $0.36. However, the Siren coin price dropped to $0.092 as of February 9 but is still up 21.4% on the weekly chart. CoinCodex predicts that the Siren price may rally to $0.26 in the coming months.

3. Kapsa resumes uptick Kaspa could be one of the top cryptocurrencies to buy today as it regains positive momentum. CoinGecko data indicates that the Kaspa price has soared by 10.3% on the weekly timeframe.

The Kapsa price had dropped to a 2026 low of $0.026 before bulls intervened. As of February 9, the Kaspa coin was trading at $0.032.

Looking ahead, the altcoin has strong resistance at $0.035 and $0.040. If bulls maintain a continuous uptrend, the Kaspa price could rally to $0.095.

Final verdict Bitcoin's rebound to $70k feels more like a sigh of relief than a bullish roar. The underlying pressure from macroeconomic activities has not vanished.

Meanwhile, DeepSnitch AI emerges as the best crypto to buy now for over 100X-300X ROI. This powerhouse project is building unstoppable momentum from the ground up, raising over $1.52M in its ongoing presale.

Although the window is still open, the clock is ticking fast. You can get the DSNT coin at $0.03906 and use the bonus codes to get a huge return on your investment.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs 1. Which coin will boom in 2026? DeepSnitch AI might be the best crypto to buy now for huge returns in 2026 due to its low market cap and AI utility. Many traders believe the bullish presale figures position it as the next crypto to 100X.

2. Which coin will make me a millionaire in 2026? DeepSnitch AI is one of the cryptos that can turn you into a millionaire in 2026. The integration of AI applications and crypto enhances its chances of high adoption. This potential demand is expected to grow DeepSnitch AI by 1000X this year, which makes it one of the top cryptocurrencies to buy today.

3. Is it too late to invest in crypto? It is not too late to invest in crypto, but you must do proper research before doing so. Factors to consider include utility, mission, security, roadmap, and growth potential. DeepSnitch AI is one of the trending coins this week that you could consider. Due to its clear utility and low market cap, its price could soar by 100X-300X this quarter.

Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content.

(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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