China has acknowledged that the longstanding border dispute with India remains "complicated" and will require time to resolve. However, the Chinese Foreign Ministry expressed readiness to engage in discussions on delimiting the border and maintaining peace in the border areas. This statement came in response to remarks made by Indian Defence Minister Rajnath Singh during his meeting with Chinese Defence Minister Dong Jun in Qingdao on June 26, 2025,

The cost of tariffs remains one of the most contentious and difficult aspects of international trade policy. While politically charged, the real impact on American consumers can be analyzed by modeling how the proposed tariffs influence retail prices of everyday goods. A detailed analysis by retail consultancy AlixPartners shows just how significantly shoppers might feel the pinch under former President Donald Trump’s proposed and existing tariffs, particularly when it comes to commonly

The United States and China are expected to provide more clarity on the progress made during a series of marathon trade discussions held over the weekend in Geneva. These talks brought together high-level officials from both countries, and their outcomes may mark a turning point in ongoing efforts to resolve longstanding economic tensions between the two largest global economies. While full details have not yet been disclosed, early signals from both sides suggest cautious optimis

U.S. Customs and Border Protection officers intercepted a major shipment of counterfeit luxury watches at a cargo inspection facility at O’Hare International Airport. The package, which had been shipped from China, contained 243 fake watches replicating well-known luxury brands such as Audemars Piguet, Rolex, Breitling, Bulgari, Cartier, Omega, Panerai, Richard Mille, Tag Heuer, Patek Philippe, and Vacheron Constantin. If authentic, the total retail value of these items would have reached

TikTok, the popular social media platform owned by Chinese tech company ByteDance, has come under major regulatory fire in Europe. Ireland’s Data Protection Commission (DPC), which oversees privacy enforcement for TikTok within the European Union, has imposed a substantial fine of €530 million ($601.3 million) for transferring personal data of European users to China in violation of the EU’s strict General Data Protection Regulation (GDPR). This ruling marks on

 Apple is taking a major strategic step by shifting a significant portion of its iPhone production for the US market to India. The move, confirmed by CEO Tim Cook, is largely driven by economic factors, especially the sharp difference in tariff rates between goods produced in India and China. According to Cook, the cost of exporting iPhones from India to the United States is much lower due to the 10 percent tariff, compared to the far higher rate imposed on Chinese imports. While Apple cont

 Emerging markets in Southeast Asia are increasingly asserting their autonomy amid the growing intensity of the US-China trade war. As tensions between the two global powers escalate, nations like Vietnam, Malaysia, and Cambodia are finding ways to shield their economies by enhancing intra-regional cooperation and embracing diversified strategies. While the pressure to align with either the US or China is immense, these nations are pursuing a third path—supporting their own regional i

In a significant escalation of the ongoing trade dispute between the United States and China, Chinese airlines have ceased accepting deliveries of Boeing aircraft. This development follows the imposition of steep tariffs by both nations, with the U.S. levying a 145% tariff on Chinese imports and China retaliating with a 125% tariff on U.S. goods, including aircraft. The suspension of deliveries has led Boeing to consider alternative markets for its aircraft. With approximately 50

Nvidia, the crown jewel of Wall Street's artificial intelligence boom, suffered a staggering market loss this week, shedding nearly 7% of its value — over $148 billion in market capitalization — following the U.S. government's renewed crackdown on advanced chip exports to China. The dramatic sell-off marks one of the most severe single-day hits for the tech giant and signals growing fragility in the semiconductor sector amid intensifying geopolitical tensions. The immediat

 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,

  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

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

In a dramatic reversal that sent shockwaves through global financial markets, U.S. President Donald Trump announced a pause on newly implemented tariffs targeting dozens of countries. The unexpected move came less than a day after his sweeping tariff measures went into effect, causing major disruption across world markets and triggering one of the most volatile trading periods since the height of the COVID-19 pandemic. The tariff freeze, which offered some temporary relief to ratt

 As the Pradhan Mantri MUDRA Yojana (PMMY) completes a decade since its launch on April 8, 2015, Prime Minister Narendra Modi marked the occasion by highlighting the scheme’s transformative impact on financial inclusion and grassroots entrepreneurship in India. According to the Prime Minister, over 52 crore loans worth ₹33 lakh crore have been disbursed under the scheme, making it a major success story in India’s developmental narrative. PM Modi described the scheme as an outc

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 the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

Ugadi, also spelled as Yugadi, marks the beginning of the New Year as per the Luni-Solar calendar. It is one of the most significant festivals celebrated in the southern Indian states of Andhra Pradesh, Telangana, and Karnataka. The festival not only signals the onset of a new year but is also observed as a harvest festival, celebrating abundance, renewal, and spiritual prosperity. In 2025, Ugadi falls on March 30. According to Hindu Panchang, the Prati

China has welcomed Prime Minister Narendra Modi’s recent remarks advocating dialogue over discord in India-China relations, calling them "positive" and a step toward strengthening diplomatic ties. Beijing emphasized that cooperation between the two Asian giants — likened to the 'Dragon-Elephant Dance' — is the most effective path to shared success. In a statement on Monday, Chinese Foreign Ministry spokesperson Mao Ning highlighted that both sides have acti

The Income Tax Department has issued a crucial reminder for taxpayers regarding the final instalment of advance tax for the financial year 2024-25. As per the official directive, taxpayers must clear their advance tax dues by March 15, 2025, to ensure compliance with Indian tax laws. Timely payment of advance tax not only prevents interest penalties but also contributes to the government's efforts towards economic growth, supporting the ‘Viksit Bharat Movement’ aimed at making

The fate of TikTok in the United States has taken a new turn as US President Donald Trump confirmed that his administration is actively engaged in talks with four potential buyers over the sale of the popular video-sharing platform. The news follows heightened concerns over TikTok’s data security risks and its ties to its Chinese parent company, ByteDance. Speaking to reporters, Donald Trump stated, "We're dealing with four different groups, and a lot of people want it ... all