As gold prices hit historic highs in India, Zoho founder and CEO Sridhar Vembu took to social media to praise India’s traditional trust in gold while delivering a scathing critique of modern financial systems, central banks, and even Bitcoin. With retail gold prices crossing ₹1 lakh per 10 grams, driven by global economic uncertainties and demand for safe-haven assets, Vembu reinforced the sentiment that gold has long been at the core of India’s economic and cultural stability.

National pharmacy chain Walgreens has agreed to pay up to $350 million as part of a major settlement with the U.S. Department of Justice (DOJ) following allegations that it illegally filled millions of opioid prescriptions over more than a decade. The settlement, announced Monday, resolves a federal lawsuit accusing Walgreens of violating the Controlled Substances Act and False Claims Act by dispensing controlled substances without proper oversight and seeking reimbursement through federal he

The Covid-19 pandemic brought unexpected changes to the lives of millions across the United States. With more people spending time at home, a new trend emerged — the rise of do-it-yourself (DIY) home improvement. From painting rooms to full kitchen remodels, Americans began tackling long-postponed projects, causing a surge in demand for tools, supplies, and renovation advice. Leading home improvement retailers Lowe’s and Home Depot experienced record-breaking growth du

AUSTIN, Texas – The Central Texas Food Bank (CTFB) is bracing for a major blow after the United States Department of Agriculture (USDA) slashed funding for critical food assistance programs. These cuts, tied to over $1 billion in federal reductions, will impact the availability of nutritious food for thousands of families in the region and reduce support for the local farming community. Beth Corbett, Vice President of Government Affairs and Advocacy at CTFB, said the cuts stem from chan

Global mining giant Rio Tinto has taken a significant step toward expanding its presence in the sustainable metals sector by signing a memorandum of understanding (MOU) with India-based AMG Metals & Materials (AMG M&M). The collaboration will focus on evaluating the feasibility of a large-scale, low-carbon aluminium and alumina production facility in India powered by renewable energy sources. The proposed development, still in the assessment phase, could result in a facility capable o

In a move reminiscent of the landmark decision that brought Microsoft to Hyderabad in 1998, Andhra Pradesh’s Chief Minister has announced a major step toward turning Visakhapatnam (Vizag) into the next big IT destination. With the recent allocation of land to Tata Consultancy Services (TCS) for a sprawling new campus, the state government is laying the groundwork for a transformation that could parallel the tech revolution that once took off in Hyderabad. Back in 1998, it was a revoluti

The Reserve Bank of India (RBI) has introduced a new initiative to connect more directly with the public by launching an official WhatsApp channel. This development is part of the central bank’s broader commitment to enhancing public awareness and making important financial and banking information accessible to every citizen, particularly those in rural and semi-urban areas who might not have regular access to official websites or traditional media. The initiative falls under the RBI&rs

In a heartfelt effort to ease the burden of rising living costs, a Jersey City gas station will be offering a generous giveaway this weekend that is expected to draw hundreds of locals. Tom Critelli’s Sunoco station, located at 465 Grand Street in Jersey City, is giving away $30 in free gasoline to the first 500 vehicles as part of a special event dubbed “Fueling the Community.” The giveaway will begin promptly at 7:00 a.m. on Saturday, and it will operate on a first-come, firs

  After over two decades in the health and wellness industry, Modere has officially announced it is closing its operations. The direct-to-consumer brand, which once had a significant presence in markets across North America, Europe, Asia, and Oceania, shared a heartfelt farewell with its community, expressing gratitude for the support and loyalty of its customer base throughout the years. Founded 23 years ago, Modere built its identity around offering clean-label

In a significant show of confidence, BlackRock, the world’s largest asset management firm, has emerged as the biggest investor in the Adani Group’s $750 million private bond issuance, taking on approximately one-third of the allocation. The investment, made through a private placement with a 3–5 year tenure, marks BlackRock’s debut in India's infrastructure-focused private bond space. Sources with direct knowledge revealed that BlackRock’s participation in th

As the holiday season approaches, the traditional hustle and bustle inside China’s Christmas product factories is strikingly absent this year. Long the workshop of the world when it comes to festive goods—from plastic pine trees to twinkling LED lights—these factories now face grim prospects due to the United States’ sudden and steep import tariffs. President Donald Trump’s recent escalation of trade tensions, with a 104% tariff slapped on Chinese imports, has effec

Efforts to halt the long-discussed Houston-to-Dallas high-speed rail project have returned to the Texas state legislature, reigniting a decade-long battle over one of the most ambitious transportation proposals in the state’s history. The Texas Central Railway project, which aims to connect Houston and Dallas in under 90 minutes using Japan’s Shinkansen bullet train technology, is once again under scrutiny in Austin, where lawmakers are advancing bills aimed at limiting or complet

Chief Minister N. Chandrababu Naidu continues to strengthen his reputation as a development-oriented leader by aligning state priorities with national strategic interests. As part of the broader vision of progress and security, Andhra Pradesh is now set to host one of India’s most ambitious defense projects — a new naval base near Visakhapatnam that will house nuclear submarines and advanced warships. This major defense initiative is being developed under Project Varsha and is poi

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

Swiggy, the popular online food and grocery delivery platform, is facing new tax troubles with a total tax demand of over Rs 165 crore for the financial year 2021-22. The first of the two orders was issued by the Profession Tax Officer in Pune, Maharashtra, demanding Rs 7.59 crore. This order alleges that Swiggy failed to properly deduct profession tax from its employees' salaries, which is required under the Maharashtra State Tax on Professions, Trades, Callings & Employments Act, 1975.

Bangkok, April 4 — At the 6th BIMSTEC Summit, Indian Prime Minister Narendra Modi unveiled several bold proposals aimed at enhancing regional cooperation, economic integration, and disaster resilience among the seven member nations of BIMSTEC—India, Bangladesh, Bhutan, Nepal, Myanmar, Sri Lanka, and Thailand. UPI Integration Across BIMSTEC In a major push toward financial connectivity, PM Modi proposed linking India’s UPI (Unified Pa

Union Minister Piyush Goyal’s recent remarks questioning the direction of India’s startup ecosystem have sparked a wave of reactions from prominent startup leaders and tech entrepreneurs. While addressing an audience, Goyal questioned whether Indian startups are merely focused on "dukaandari"—running shops—by prioritizing delivery services, fantasy sports, and betting platforms, as opposed to Chinese startups that are innovating in areas like electric vehicle

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

The Enforcement Directorate (ED) has uncovered a financial trail connecting billionaire investor and philanthropist George Soros’s Soros Economic Development Fund (SEDF) to Indian entities operating in the NGO sector, sparking serious questions about potential violations of the Foreign Contribution (Regulation) Act (FCRA) and foreign direct investment (FDI) norms. The revelations, based on detailed investigations, have triggered fresh scrutiny over the methods used to funnel foreign fun

Poonam Gupta, a prominent economist with global expertise, has been appointed as the new Deputy Governor of the Reserve Bank of India (RBI). Her appointment marks a historic milestone, as she becomes the first woman in over a decade to assume this high-ranking position at India’s central bank. She succeeds Michael Patra, who retired in January 2024. Gupta brings with her nearly two decades of international experience, having worked with the World Bank, International Monet