The Defence Procurement Board has cleared a proposal to acquire 114 additional Rafale fighter aircraft, marking a major step forward in India’s effort to strengthen its air combat capabilities. The clearance, granted after an initial examination of the case, advances one of the Indian Air Force’s most significant modernisation plans aimed at addressing long-standing operational gaps and preparing for future security challenges. The proposal is intended to narrow the difference b

US President Donald Trump on Friday renewed his push for greater American control over Greenland, warning that countries opposing the idea could face economic consequences. Speaking at a White House event, Trump said he was prepared to use tariffs as leverage against nations that do not support what he described as a national security necessity for the United States. His remarks underscored a continued escalation in rhetoric surrounding the strategically important Arctic territory, which is a

China and Canada have announced a significant reduction in tariffs and signalled a broader reset in their bilateral relationship following high-level talks in Beijing, marking a notable shift after years of strained diplomatic and trade ties. The agreement was confirmed after a meeting on Friday between Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, the first Canadian leader to visit China in nearly a decade. Under the deal, China is expected to reduce tariffs on Canad

India has confirmed that it is actively engaging with the United States to ensure the continuity of its operations at Iran’s Chabahar Port under an existing sanctions waiver that remains valid until April 26, 2026. The discussions come amid the strategic significance New Delhi attaches to the port as a key gateway for regional connectivity, trade, and humanitarian assistance. Speaking on the matter,

China’s record-breaking trade surplus is increasingly reshaping global financial markets as export earnings that once accumulated primarily in state reserves are now being redirected into private investments overseas. The shift marks a notable departure from Beijing’s traditionally centralized management of foreign exchange inflows and introduces new dynamics into global capital movements at a time of heightened sensitivity over trade imbalances and financial stability. Last yea