Historic Summit Marks a New Phase for US-China Relations On Thursday, May 14, 2026, Chinese President Xi Jinping welcomed US President Donald Trump to Beijing for a high-stakes summit, marking a critical moment in the evolving relationship between the two global powers. Xi set the tone for the summit by stressing the importance of cooperation over confrontation, calling for a stable US-China relationship as a foundation for global stability. “A stable China-US relationship is a

President Donald Trump said the Iran ceasefire is close to collapse after rejecting Tehran’s latest truce proposal, deepening uncertainty over US-Iran tensions and Middle East stability. Speaking on Monday, May 11, 2026, Trump called Iran’s response unacceptable and said the ceasefire was on “massive life support.” His remarks signaled that Washington is not ready to ease pressure unless Tehran accepts stricter terms on security and nuclear activity. Why T

Andhra Pradesh has emerged as a hotspot for fresh investments, as evidenced by the announcements made during the 17th State Investment Promotion Board (SIPB) meeting. The state continues to attract national and international investors across various sectors, such as renewable energy, green hydrogen, bio CNG, manufacturing, and data infrastructure, bringing an unprecedented boost to its industrial and employment landscape.

Regulatory action culminates in license cancellation What happened to Paytm Payments Bank? RBI cancels its license after violations forms the central development in India’s financial sector, as the Reserve Bank of India revoked the banking license of Paytm Payments Bank Ltd wi

Voluntary buyouts introduced for U.S. workforce amid AI shift Microsoft is offering voluntary buyouts to a portion of its U.S. workforce, marking the first such initiative in the company’s 51-year history. The move comes as the broader technology sector adjusts to rapid changes driven by the rise of artificial intelligence. According to a person familiar with the plan,

JSW Steel and POSCO have entered into a joint venture agreement to establish a new steel manufacturing plant in Odisha. The development comes at a significant time, coinciding with the official visit of the South K

Yogi Adityanath UP model explained: A transformation strategy for India’s largest state The Yogi Adityanath UP model has emerged as a major topic in India’s political and economic discussions. Focused on law and order, infrastructure expansion, and investment growth, the model aims to transform Uttar Pradesh into a key economic hub. Since taking office, Yogi Adityanath has posi

Mark Mobius, a pioneer in global investing and a key figure in emerging markets, passed away on April 16, 2026, at the age of 89. Widely regarded for transforming investment strategies in developing economies, Mobius played a crucial role in directing billions of dollars into markets across Asia, Africa, Latin America, and Eastern Europe. Over a caree

A new report from Policybazaar highlights a significant rise in term insurance purchases by non-resident Indians (NRIs), with overall demand doubling over the past two years and younger buyers playing an increasingly central role in the trend. According to the findings, individuals between the ages of 25 and 35 now account for 54% of total demand, up from 44% in 2024. This shift underscor

India and New Zealand are expected to sign a Free Trade Agreement (FTA) on Thursday, April 24, 2026, in India, marking a significant step toward strengthening bilateral trade and economic cooperation. The agreement, which follows the conclusion of negotiations announced on Sunday, December 22, 2025, is expected to provide tariff-free access for Indian exporters to the New Zealand market while attracting an estimated $20 billion in investment over the next 15 years. According to offi

Gold prices have recently fallen below the Rs 1.5 lakh mark, sparking interest among investors wondering whether this is the right time to buy or if it’s better to wait. As geopolitical tensions rise, particularly in the Middle East, and the US dollar strengthens, precious metals have come under pressure, prompting many to reconsider their investment strategies. Gold, which was trading at Rs 1,49,513 on the Multi Commodity Exchange (MCX), faced a dip of Rs 167, while silver droppe

OpenAI has identified its close relationship with Microsoft as a potential business risk, according to a financial document shared with prospective investors as part of its latest funding round. The disclosure highlights the company’s reliance on Microsoft for a significant portion of its financing and computing infrastructure, raising concerns about concentration risk as it prepares for a possible initial public offering. The document, which includes detailed risk factors related to both

India has approved changes to its foreign direct investment policy to allow Chinese companies to invest in selected sectors, marking a cautious step toward improving economic ties between the two countries after years of strained relations. The decision was cleared by the Union Cabinet led by Prime Minister Narendra Modi and is aimed at easing investment constraints faced by certain industries while strengthening domestic manufacturing capacity. Under the revised policy framework, C

Salaried employees often claim House Rent Allowance (HRA) for rent paid to family members, such as parents or spouses, under the current tax regime. However, under the proposed draft Income-tax Rules, 2026, such arrangements may soon undergo closer scrutiny, especially if the rent exceeds Rs 1 lakh in a financial year. The new rules, if implemented, would require taxpayers to disclose their relationship with the landlord along with other details like the landlord’s name, address, and PAN nu

Trading gold and silver futures on India’s major commodity exchanges has become more affordable after the Multi Commodity Exchange (MCX) and the National Stock Exchange (NSE) removed additional margin requirements that were imposed earlier due to market volatility. This move is expected to make futures trading more accessible, especially for retail traders and smaller investors, as it reduces the amount of upfront capital required to enter these contracts. The decision reflects stabilizing

Gold and silver prices saw a sharp correction on February 17, rattling investors after weeks of strong gains. Gold dropped by Rs 2,561 or 1.65% to Rs 1,52,199, while silver fell by Rs 6,241 or 2.6% to Rs 2,33,650 at the time of writing. The sudden decline comes amid reduced global trading activity and rising volatility in the bullion market. A major reason behind the decline is low participation from key global markets. Chinese markets remain closed from February 15 to February 23 f

Syria and Saudi Arabia have signed a series of major economic and infrastructure agreements aimed at accelerating Syria’s post-war reconstruction and strengthening bilateral ties, marking one of the most significant rounds of cooperation between the two countries in recent years. Officials said the deals span aviation, telecommunications, energy, and development projects, with billions of dollars expected to flow into key sectors of the Syrian economy. The agreements include the l

Bitcoin, the world’s largest cryptocurrency, faced a dramatic price drop on February 6, 2026, hitting an intraday low of $60,008.52 during volatile trading. This marks the lowest point for Bitcoin since October 2024. The decline occurred amid a broader selloff across global markets, especially in technology stocks, metals, and other riskier assets, raising concerns about whether Bitcoin could fall below the $60,000 mark in the coming days. After touching this 16-month low, Bitcoin

Global gold reserves have come under renewed scrutiny as bullion prices climb to historic levels, strengthening the strategic and economic significance of mineral-rich nations. Gold is currently trading at approximately $4,290 an ounce in the international market, sharply raising the value of unmined deposits and drawing attention from investors, governments and mining companies seeking long-term supply security. Against this backdrop, geological estimates highlight a small group of countries