It has been more than two weeks since the rollout of GST 2.0 on September 22, but a nationwide consumer survey indicates that the expected benefits of lower taxes are not being fully passed on to buyers. The reform, which aimed to make a wide range of goods and services more affordable, appears to have produced uneven results across product categories, with automobiles emerging as the only sector showing substantial price reductions. According to a large-scale survey conducted acros

A leaked audio recording has revealed that Bangladesh’s former Prime Minister, Sheikh Hasina, allegedly authorized the brutal crackdown on student protesters in 2024. The recording,  captures Hasina’s conversation with a senior government official in which she directs security forces to use "lethal weapons" and to "shoot wherever they find them," referring to the protesters. The conversation took place on July 18, 2024, whi

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,

YSR Congress Party (YSRCP) leader Chevireddy Bhaskar Reddy was arrested at Bengaluru International Airport by the Special Investigation Team (SIT) while allegedly trying to escape to Sri Lanka. Chevireddy, listed as Accused No. 38 in the massive Andhra Pradesh liquor scam, was accompanied by his benami aide, Venkatesh Naidu (34), at the time of arrest. Both were detained moments before boarding their flight, marking a crucial development in the ongoing probe.

During a White House press briefing, President Donald Trump addressed growing public speculation about alleged drug use by Elon Musk, the billionaire entrepreneur and former government official. Trump was responding to circulating reports claiming Musk had frequently used substances such as ketamine, ecstasy, and psychedelic mushrooms during the 2024 presidential campaign period. When questioned, Trump offered a cautious response, stating, “I really don’t know. I don’t think so

In a landmark moment for Indian-origin executives in global tech, Tesla’s Chief Financial Officer Vaibhav Taneja outpaced some of the highest-paid CEOs in the world in 2024. Taneja earned a staggering $139 million (approximately ₹1,157 crore), eclipsing the total compensation of Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai. Taneja’s pay package, largely driven by Tesla stock options and equity grants following his promotion to CFO in August 2023, propelle

Gold has once again taken center stage in the global financial landscape, reasserting itself as a preferred safe-haven asset at a time when traditional pillars like U.S. Treasurys and the dollar are facing significant challenges. As economic instability, inflation fears, and geopolitical risks rise, investors are increasingly turning to gold as a reliable store of value. The recent depreciation of the U.S. dollar has been a key factor in gold’s renewed strength. Several econ

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

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

The Waqf (Amendment) Bill, 2024, is at the center of a major political storm as it is set to be introduced in the Lok Sabha today amid mounting opposition from the INDIA bloc. The bill, intended to amend the Waqf Act of 1995, is being promoted by the government as a long-overdue reform aimed at improving the administration and efficiency of waqf property management. However, critics argue that several of its provisions threaten the very autonomy of Muslim religious endowments, making it a dee

  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

Google is set to collaborate with Taiwan's MediaTek to develop the next generation of its Tensor Processing Units (TPUs), which are expected to launch next year. This strategic move signifies a shift in Google’s approach to AI chip development, although the tech giant will continue working with its current chip partner, Broadcom. According to a report by The Information, Google’s partnership with MediaTek is largely driven by cost efficiency and MediaTek’s stron

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

In a dramatic turn of events, the Andhra Pradesh MLC election witnessed what is now being described as one of the costliest nomination filings in the state's political history. This extraordinary development unfolded during the nomination process of BJP candidate Somu Veerraju, which involved multiple complications, last-minute approvals, and two special flights to ensure the documentation was completed before the deadline.   The Nomination Crisis

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

Nine months after the formation of the NDA government in Andhra Pradesh, the state is showing a strong economic turnaround. The latest fiscal survey presented in the Assembly highlights that Andhra Pradesh has recorded a 12.94% growth in fiscal management, a clear indication of recovery from the previous administration’s economic downturn. The progress is primarily driven by agriculture, industrial development, and energy production, reflecting the effectiveness of new policies focused

Apple CEO Tim Cook has sparked excitement among tech enthusiasts with a cryptic teaser hinting at the launch of a new MacBook Air. In a post on X (formerly Twitter), Cook shared a short video with the phrase, “There’s something in the air,” along with the caption, “this week.” The phrase echoes Apple’s tagline from the launch of the first MacBook Air in 2008, strongly indicating that a refreshed MacBook Air is on the horizon.  

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