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

India’s annual retail inflation rate eased to 3.34% in March 2025, according to the latest data from the Ministry of Statistics and Programme Implementation. This marks the fifth consecutive month of decline and falls below the 3.61% recorded in February, offering significant relief to policymakers and consumers alike. The main factor contributing to this moderation is the continued softening of food prices, which make up a large portion of the Consumer Price Index (CPI). Food inflation dr

The City of Dallas has revealed that a miscalculation in commercial remodel permit fees has resulted in a significant financial shortfall, costing the city approximately $8.6 million. The error was disclosed during a recent Economic Development Committee meeting and has prompted urgent calls for reform to prevent further losses. The issue stems from an internal mistake following the adoption of a new permit fee structure introduced in spring 2024. According to the Planning and Development Dep

Amaravati, Andhra Pradesh — The Central Government has disbursed over ₹4,200 crore to Andhra Pradesh for the development of its capital, Amaravati. This follows the release of USD 205 million (approx. ₹1,705 crore) by the World Bank under a major international funding initiative aimed at completing the first phase of the state’s capital development project. A senior government official confirmed that the ₹4,285 crore, transferred on April 1, is part of a comprehensive ₹15,

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

  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

World Sleep Day is a global event celebrated to highlight the importance of quality sleep and raise awareness about sleep-related issues such as insomnia, sleep apnea, and disrupted sleep patterns. Organized by the World Sleep Society, this day emphasizes the impact of good sleep on overall well-being and encourages practical solutions for improving rest. One natural approach to better sleep is through Ayurvedic remedies. Ayurveda, India's traditional system of medicine, offers several ca

Rohit Sharma, India's celebrated cricket captain, has cleared the air regarding his future in international cricket. Following the Champions Trophy 2025, where speculation about his retirement intensified, Rohit firmly addressed the rumors by confirming that he is not retiring from ODI cricket. His statement, delivered in his signature calm and composed manner, reassured fans and silenced gossip surrounding his career. Speaking after the Champions Trophy 2025 final, Rohit stated, "I

World Kidney Day, observed annually on the second Thursday of March, raises awareness about the importance of kidney health and aims to reduce the impact of kidney disease. As kidneys play a vital role in filtering waste, balancing fluids, and regulating blood pressure, maintaining their health is crucial. Following certain daily habits can significantly lower the risk of kidney disease and improve overall well-being.   Daily Habits to Support Kidney Health

Two-time Olympic medalist PV Sindhu is set to lead India's challenge at the prestigious 2025 All England Open Badminton Championships, beginning in Birmingham on Tuesday. Sindhu, currently ranked 15th in the world, will be returning to the court for the first time since her last appearance at the Indonesia Masters in January. The All England Open, one of the most celebrated events in badminton’s history, will mark a crucial comeback for the Indian shuttler as she aims to reclaim her

The political rivalry in Telangana continues to intensify as K.T. Rama Rao (KTR) and Chief Minister Revanth Reddy lock horns over major public expenditure decisions and allegations of financial mismanagement. The latest controversy revolves around the Formula E scam case and the upcoming Miss World competition, both of which have sparked heated debate.   The Formula E Controversy and ED Investigation The controversy started when the Enforceme

Virat Kohli stands as one of the most accomplished and celebrated cricketers of modern times. Renowned for his fierce determination, exceptional batting prowess, and remarkable leadership, Kohli has carved his name into cricket’s hall of fame. With a career spanning over a decade, he has not only dominated international cricket but has also set numerous records across all formats. From leading India to major tournament victories t

FIFA has announced that the total prize money for the 2025 Club World Cup in the United States will be a staggering $1 billion. The upcoming edition, which features an expanded 32-team format and will take place from June 14 to July 13, is set to be the biggest club competition in history.This prize money is significantly higher than what was awarded for the 2022 FIFA Men’s World Cup in Qatar ($440 million) and the 2023 FIFA Women’s World Cup in Australia and New Zealand ($

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

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 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 Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

The chess world is embroiled in a growing feud as Magnus Carlsen, the world’s top-ranked grandmaster, leads a movement to decentralize top-level chess from the control of FIDE, the global chess federation. As Carlsen becomes the face of the rival Freestyle Chess movement, tensions have escalated further with a public spat from his rival, Hans Niemann. Niemann, the American chess prodigy who was at the center of a cheating scandal with Carlsen in 2022, openly attacked the Norwegian champ

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.