India and the United States are preparing to open formal discussions this week on a comprehensive bilateral trade agreement, taking advantage of a 90-day pause in escalating tariffs. The two nations, long-standing economic and strategic partners, are moving to resolve trade tensions and explore deeper commercial engagement at a time when global trade is under pressure from protectionist trends and economic uncertainty. The initial discussions will be conducted virtually, with officials from both

Singaporeans will head to the polls on May 3, 2025, for a landmark general election that will test Prime Minister Lawrence Wong’s leadership amid increasing global economic uncertainty and domestic political shifts. This marks the first election under Wong, who succeeded Lee Hsien Loong, ending decades of leadership under the influential Lee family. The ruling People's Action Party (PAP), in power since 1959, is expected to retain its majority, but with growing opposition strength a

Ray Dalio, billionaire founder of Bridgewater Associates and one of the world’s most closely followed investors, has issued a stark warning that the United States could be on the verge of something far more severe than a typical recession. His concerns are rooted not in speculation, but in a detailed analysis of macroeconomic trends, fiscal policy decisions, and geopolitical tensions that he believes are combining to create an economic environment that could result in significant long-term

 China has indicated a willingness to address India’s rising concerns over a ballooning trade deficit that is projected to touch a record $100 billion in the financial year 2024–25. This development comes as China seeks to offset its economic challenges amid intensifying trade friction with the United States. People familiar with the situation have said that Beijing has informally conveyed its openness to increasing imports from India by reducing tariff and non-tariff barriers,

Treasury Secretary Scott Bessent addressed growing public concern over recent market volatility and its impact on retirement savings, offering reassurances that most Americans approaching retirement are not overly concerned with short-term financial fluctuations. His comments came amid a turbulent week for the U.S. stock market, which experienced significant declines following President Donald Trump's announcement of new tariffs on major trading partners. The administration is facing increas

  In a major escalation of the ongoing trade conflict between the United States and China, Beijing has announced a significant hike in tariffs on American goods, raising import duties from 84% to 125%. The move, confirmed by the Chinese finance ministry on Friday, is a direct response to recent tariff increases imposed by the U.S. administration. It marks one of the most severe retaliatory actions taken by China in the prolonged dispute that has gripped global markets and resha

A tragic helicopter crash in New York City claimed the lives of all six individuals onboard on Thursday when a sightseeing helicopter broke apart midair and plunged into the Hudson River. The incident occurred near Pier 40, off the coast of Lower Manhattan, and sparked a massive emergency response from both New York and New Jersey officials. Among those killed in the crash was Agustin Escobar, the president and CEO of the Spanish division of Siemens, a global technology giant. He was accompan

Indian Defence Minister Rajnath Singh is likely to travel to Moscow next month to represent India at Russia's grand Victory Day celebrations, according to reports by Russian state media. The event, scheduled for May 9, will commemorate the 80th anniversary of Russia’s victory in the Great Patriotic War and is set to take place on the historic Red Square. The report, released by Russia’s state-run news agency Tass, cited Indian government sources confirming that Singh’s p

  India's Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that the recent tariff hikes announced by U.S. President Donald Trump could present an opportunity for India to strengthen its position in global trade. In response to the sudden shift in the U.S. trade stance, Goyal stated that India is well-positioned to benefit economically from the new environment created by America's protectionist approach. Trump recently declared a s

China has issued a stern warning in response to former President Donald Trump’s latest tariff threat, pledging to fight back with equal force if the United States raises duties on Chinese goods to a staggering 104%. The Chinese Commerce Ministry declared it would “resolutely” take all necessary countermeasures to defend the country’s economic interests, reinforcing its position that any trade war escalation would be met with firm resistance. Trump announced o

As global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $

Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the United Arab Emirates, will begin a two-day official visit to India on Tuesday, at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced Monday. This marks the first official visit to India by Sheikh Hamdan in his capacity as Crown Prince and will include meetings with top Indian leadership as well as engagements aimed at strengthening b

For ambitious students who aspire to work at the world’s top companies, the University of Bath School of Management offers an ideal launchpad. Known for its rigorous academics, global outlook, and real-world learning experience, this prestigious UK business school is helping students transition from the classroom to boardrooms across the globe. Graduates from the School of Management are now working with globally admired companies such as Apple, Deloitte, PwC, Samsung, Amazon, and Goldman

Artificial intelligence (AI) is on track to become one of the most transformative technologies of the 21st century, with its market value expected to surge to $4.8 trillion by 2033, nearly the size of Germany’s economy. This staggering growth, as outlined by the United Nations Conference on Trade and Development (UNCTAD), is set to drive productivity gains and contribute significantly to digital transformation across industries. However, this anticipated boom raises serious concerns, pa

South Korea’s Constitutional Court has officially removed President Yoon Suk Yeol from office after unanimously upholding his impeachment. The historic decision, which comes months after the National Assembly voted to impeach him, has sent shockwaves through the country’s political landscape. This ruling marks only the second time a South Korean president has been ousted in modern history, following the impeachment of former leader Park Geun-hye in 2017. The court'

More than 250 passengers, including several Indian nationals, have been stranded for over 30 hours at Diyarbakir Airport in southeastern Turkey following an emergency landing by a Virgin Atlantic flight. The aircraft, operating under flight number VS358, had departed London’s Heathrow Airport at 11:40 a.m. local time on April 2 and was due to arrive in Mumbai at 1:40 a.m. IST on April 3. However, a medical emergency on board forced the aircraft to divert and land unexpectedly at Diyarba

In a noteworthy development signaling the economic progress of Andhra Pradesh, the state has recorded its highest monthly Goods and Services Tax (GST) collection in nearly a year. The GST revenue generated in the state for the month of March 2025 has reached an impressive ₹3116 crore, breaking past the ₹3000 crore milestone for the first time in the last 11 months. This also marks an 8.35 percent year-on-year growth compared to March of the previous year, indicating an upward trend in tax

Prime Minister Narendra Modi has embarked on a three-day diplomatic visit to Southeast Asia, beginning with Thailand where he is attending the 6th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit. Following his engagements in Thailand, PM Modi will travel to Sri Lanka to further deepen bilateral relations with the island nation. Upon his arrival in Thailand, PM Modi was warmly received by members of the Indian community, highlighting the strong c

President Donald Trump is scheduled to convene a pivotal meeting at the White House on Wednesday to deliberate the future of TikTok's operations in the United States. This gathering comes as the deadline approaches for the Chinese-owned app to divest its U.S. operations or face a potential ban. Vice President JD Vance, Commerce Secretary Howard Lutnick, Director of National Intelligence Tulsi Gabbard, and National Security Adviser Michael Waltz are among the key

  In the early months of 2025, U.S. consumer spending on air travel, hotels, and restaurants saw a notable decline, signaling a shift in spending habits amid economic uncertainty. According to data from Bloomberg Second Measure, U.S. consumer spending on air travel dropped by 10% in February 2025, while spending on hotels decreased by 6%, compared to the same time last year. In addition, restaurant spending saw a 3.5% decrease, further highlighting