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The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia
The latest round of tariff hikes by US President Donald Trump has triggered immediate countermeasures from Canada, China, and Mexico, escalating tensions in global trade. Beginning Tuesday, the US is imposing a 25% tariff on imports from Mexico and Canada while also raising tariffs on all Chinese imports from 10% to 20%. In response, these nations have announced their own economic retaliations, signaling a sharp rise in trade disputes.Canadian Prime Minister Justin Trudeau and Chinese officia
Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore
Billionaire investor Warren Buffett has strongly criticized US President Donald Trump's latest tariffs, calling them “an act of war” and warning about their economic impact. In an interview with CBS on Sunday, Buffett argued that tariffs function as a tax on consumers and ultimately drive up prices.“Tariffs are actually—we've had a lot of experience with them—they're an act of war, to some degree,” Buffett said. He added that consumers, not fore
Canada has tightened its immigration and visa policies, affecting thousands of Indian students, workers, and temporary residents. Since the new Immigration and Refugee Protection Regulations came into effect on January 31, 2025, reports indicate a rise in study permit revocations, visa scrutiny, and stricter departure enforcement.The Immigration, Refugees, and Citizenship Canada (IRCC) has projected that 7,000 study permits could be revoked this year, impacting more than 4.27 lakh Indian stud
Canada has tightened its immigration and visa policies, affecting thousands of Indian students, workers, and temporary residents. Since the new Immigration and Refugee Protection Regulations came into effect on January 31, 2025, reports indicate a rise in study permit revocations, visa scrutiny, and stricter departure enforcement.The Immigration, Refugees, and Citizenship Canada (IRCC) has projected that 7,000 study permits could be revoked this year, impacting more than 4.27 lakh Indian stud
Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and
Ukrainian President Volodymyr Zelensky has expressed confidence that US-Ukraine relations can be repaired following an intense diplomatic confrontation with US President Donald Trump at the White House. Speaking from London after a European security summit, Zelensky emphasized the need for closed-door discussions and reaffirmed his stance that Ukraine would not concede any territory to Russia in exchange for peace.Zelensky’s remarks came just days after his tense meeting with Trump and
The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i
The Indian government is working on refining the Production-Linked Incentive (PLI) scheme to increase local value addition and export-driven growth in key industries. While the scheme has successfully attracted investment across multiple sectors, officials believe that further improvements are needed to address import dependency and enhance India's global manufacturing competitiveness.Since its launch in April 2020, the PLI scheme has been instrumental in drawing substantial investments i
India and the European Union (EU) have set a year-end deadline to finalize a long-awaited free trade agreement (FTA), marking a crucial milestone in their bilateral trade relations. The announcement came after Prime Minister Narendra Modi and European Commission President Ursula von der Leyen met in New Delhi to strengthen India-EU economic and strategic ties.The trade agreement, under negotiation for several years, aims to expand economic cooperation, boost trade, and enhance market access b
India and the European Union (EU) have set a year-end deadline to finalize a long-awaited free trade agreement (FTA), marking a crucial milestone in their bilateral trade relations. The announcement came after Prime Minister Narendra Modi and European Commission President Ursula von der Leyen met in New Delhi to strengthen India-EU economic and strategic ties.The trade agreement, under negotiation for several years, aims to expand economic cooperation, boost trade, and enhance market access b
The United States Agency for International Development (USAID) has been accused of sending over $2 billion in aid to Hamas since the October 7, 2023, attacks on Israel, raising concerns over how U.S. foreign aid is allocated. The claims were presented during a House Committee hearing on USAID’s financial practices, bringing renewed scrutiny to the agency’s funding policies.
Additionally, reports suggest that USAID provided financial assistance to Falah-e-In
The United States Agency for International Development (USAID) has been accused of sending over $2 billion in aid to Hamas since the October 7, 2023, attacks on Israel, raising concerns over how U.S. foreign aid is allocated. The claims were presented during a House Committee hearing on USAID’s financial practices, bringing renewed scrutiny to the agency’s funding policies.
Additionally, reports suggest that USAID provided financial assistance to Falah-e-In
The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized
The World Bank has advised India to lower import tariffs, ease regulatory restrictions, and simplify trade processes to enhance its global trade competitiveness and attract foreign investment. In a report released on Friday titled the Economic Memorandum on India, the World Bank highlighted that high trade costs caused by import tariffs on intermediate and capital goods, as well as non-tariff barriers, are limiting India's participation in global value chains (GVCs).The report emphasized
Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.
Trump Links Tariffs to Fentanyl Crisis and Border Security
During his first Cabinet mee
Washington, DC: US President Donald Trump has reaffirmed his decision to impose 25% tariffs on imports from Mexico, Canada, and the European Union, tying them to border security concerns and trade imbalances. The tariffs, initially set for March 4, are now expected to take effect on April 2, giving businesses and trade partners a brief window to prepare.
Trump Links Tariffs to Fentanyl Crisis and Border Security
During his first Cabinet mee
A federal judge in Maryland has issued an injunction against immigration enforcement in houses of worship, marking a significant legal victory for religious groups challenging the Trump administration’s revised deportation policy.The ruling, issued by U.S. District Judge Theodore Chang, temporarily halts immigration operations targeting Quaker congregations, Baptist churches, and a Sikh temple, following a lawsuit that argues the policy change violates religious freedom.
A federal judge in Maryland has issued an injunction against immigration enforcement in houses of worship, marking a significant legal victory for religious groups challenging the Trump administration’s revised deportation policy.The ruling, issued by U.S. District Judge Theodore Chang, temporarily halts immigration operations targeting Quaker congregations, Baptist churches, and a Sikh temple, following a lawsuit that argues the policy change violates religious freedom.
The Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan, designed to provide financial security for retirees through structured annuity payouts. The plan offers a range of annuity options, ensuring flexibility and stability for policyholders looking for a steady income after retirement. With multiple features tailored to meet the needs of individuals at different life stages, the Smart Pension Plan provides long-term financial support.The
The Life Insurance Corporation of India (LIC) has launched the Smart Pension Plan, designed to provide financial security for retirees through structured annuity payouts. The plan offers a range of annuity options, ensuring flexibility and stability for policyholders looking for a steady income after retirement. With multiple features tailored to meet the needs of individuals at different life stages, the Smart Pension Plan provides long-term financial support.The
Dallas interim police chief Michael Igo has reassured the public that the Dallas Police Department (DPD) does not engage in immigration enforcement. Speaking at a recent press conference, Igo emphasized that officers will not stop individuals solely to inquire about their immigration status. This reaffirmation aligns with the department’s long-standing policy of maintaining trust with the community, ensuring that residents feel safe interacting with law enfo
Dallas interim police chief Michael Igo has reassured the public that the Dallas Police Department (DPD) does not engage in immigration enforcement. Speaking at a recent press conference, Igo emphasized that officers will not stop individuals solely to inquire about their immigration status. This reaffirmation aligns with the department’s long-standing policy of maintaining trust with the community, ensuring that residents feel safe interacting with law enfo
Trump's decision to halt New York City's congestion pricing program has led to a major legal dispute, as the Metropolitan Transportation Authority (MTA) has filed a lawsuit against the federal government. The congestion pricing plan, which went into effect on January 5, 2025, imposed a $9 toll on vehicles entering Manhattan below 60th Street. The policy aimed to curb traffic congestion while generating much-needed funding for the city's public transpor
Trump's decision to halt New York City's congestion pricing program has led to a major legal dispute, as the Metropolitan Transportation Authority (MTA) has filed a lawsuit against the federal government. The congestion pricing plan, which went into effect on January 5, 2025, imposed a $9 toll on vehicles entering Manhattan below 60th Street. The policy aimed to curb traffic congestion while generating much-needed funding for the city's public transpor
In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.
In February 2025, US President Donald Trump’s announcement of a 30-day pause on tariffs against Mexico and Canada brought a brief sense of relief to global markets. The decision helped prevent a potential escalation of a full-blown trade war, with US equity futures and international markets responding positively. However, concerns linger about the long-term effects of tariffs on industries such as automotive, semiconductor, consumer goods, e-commerce, and green energy.
The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it
The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it
Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con
Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con
Trump’s National Energy Emergency Declaration
President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence.
Focus on Alaska’s Natural Resources
Trump will also sign an executive order targeting Alas
Trump’s National Energy Emergency Declaration
President-elect Donald Trump is set to sign an executive order declaring a national energy emergency to promote affordable and reliable energy in the U.S. Aiming to lower costs and boost domestic production, the measure would focus on removing regulations and promoting energy independence.
Focus on Alaska’s Natural Resources
Trump will also sign an executive order targeting Alas
During a visit to SpaceX's Starbase facility in Texas on Friday, Elon Musk shared his optimistic view on the growing India-US trade relationship, stating that the bilateral ties are “trending positive.” Musk, a key player in both the automotive and technology sectors, expressed his support for lowering trade barriers between the two nations to foster increased commerce and
During a visit to SpaceX's Starbase facility in Texas on Friday, Elon Musk shared his optimistic view on the growing India-US trade relationship, stating that the bilateral ties are “trending positive.” Musk, a key player in both the automotive and technology sectors, expressed his support for lowering trade barriers between the two nations to foster increased commerce and
Following the Indian cricket team’s defeat in the Test series against Australia, the BCCI (Board of Control for Cricket in India) has introduced a new guidelines aimed at promoting discipline, team cohesion, and reducing the influence of 'star culture' within the team. These rules come after consultation with head coach Gautam Gambhir and are designed to ensure a more unif
Following the Indian cricket team’s defeat in the Test series against Australia, the BCCI (Board of Control for Cricket in India) has introduced a new guidelines aimed at promoting discipline, team cohesion, and reducing the influence of 'star culture' within the team. These rules come after consultation with head coach Gautam Gambhir and are designed to ensure a more unif
Impact of China’s Export Restrictions on Indian Manufacturing:
India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po
Impact of China’s Export Restrictions on Indian Manufacturing:
India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po
