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

A tragic helicopter crash in New York City claimed the lives of all six individuals onboard on Thursday when a sightseeing helicopter broke apart midair and plunged into the Hudson River. The incident occurred near Pier 40, off the coast of Lower Manhattan, and sparked a massive emergency response from both New York and New Jersey officials. Among those killed in the crash was Agustin Escobar, the president and CEO of the Spanish division of Siemens, a global technology giant. He was accompan

Indian Defence Minister Rajnath Singh is likely to travel to Moscow next month to represent India at Russia's grand Victory Day celebrations, according to reports by Russian state media. The event, scheduled for May 9, will commemorate the 80th anniversary of Russia’s victory in the Great Patriotic War and is set to take place on the historic Red Square. The report, released by Russia’s state-run news agency Tass, cited Indian government sources confirming that Singh’s p

  India's Minister of Commerce and Industry, Piyush Goyal, has expressed confidence that the recent tariff hikes announced by U.S. President Donald Trump could present an opportunity for India to strengthen its position in global trade. In response to the sudden shift in the U.S. trade stance, Goyal stated that India is well-positioned to benefit economically from the new environment created by America's protectionist approach. Trump recently declared a s

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 global markets reeled under the pressure of a sudden trade war triggered by sweeping new tariffs from U.S. President Donald Trump, investor Warren Buffett not only emerged unscathed—but significantly richer. According to the Bloomberg Billionaires Index, Buffett was the only one among the world’s 10 richest individuals to post gains as others saw billions wiped from their fortunes. The tariff announcement, targeting 184 countries, sent global stocks plummeting, resulting in a $

Sheikh Hamdan Bin Mohammed Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence of the United Arab Emirates, will begin a two-day official visit to India on Tuesday, at the invitation of Prime Minister Narendra Modi, the Ministry of External Affairs (MEA) announced Monday. This marks the first official visit to India by Sheikh Hamdan in his capacity as Crown Prince and will include meetings with top Indian leadership as well as engagements aimed at strengthening b

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

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

South Korea’s Constitutional Court has officially removed President Yoon Suk Yeol from office after unanimously upholding his impeachment. The historic decision, which comes months after the National Assembly voted to impeach him, has sent shockwaves through the country’s political landscape. This ruling marks only the second time a South Korean president has been ousted in modern history, following the impeachment of former leader Park Geun-hye in 2017. The court'

More than 250 passengers, including several Indian nationals, have been stranded for over 30 hours at Diyarbakir Airport in southeastern Turkey following an emergency landing by a Virgin Atlantic flight. The aircraft, operating under flight number VS358, had departed London’s Heathrow Airport at 11:40 a.m. local time on April 2 and was due to arrive in Mumbai at 1:40 a.m. IST on April 3. However, a medical emergency on board forced the aircraft to divert and land unexpectedly at Diyarba

Prime Minister Narendra Modi has embarked on a three-day diplomatic visit to Southeast Asia, beginning with Thailand where he is attending the 6th BIMSTEC (Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) Summit. Following his engagements in Thailand, PM Modi will travel to Sri Lanka to further deepen bilateral relations with the island nation. Upon his arrival in Thailand, PM Modi was warmly received by members of the Indian community, highlighting the strong c

President Donald Trump is scheduled to convene a pivotal meeting at the White House on Wednesday to deliberate the future of TikTok's operations in the United States. This gathering comes as the deadline approaches for the Chinese-owned app to divest its U.S. operations or face a potential ban. Vice President JD Vance, Commerce Secretary Howard Lutnick, Director of National Intelligence Tulsi Gabbard, and National Security Adviser Michael Waltz are among the key

India is adopting a cautious and calculated approach to the impending announcement of U.S. President Donald Trump’s “reciprocal tariffs,” set to be revealed on April 2. Unlike many other major economies that have opted for more immediate reactions, India is choosing to assess the actual impact of these tariffs before determining its response. This considered stance reflects India’s broader strategy in evaluating trade deals and tariffs. Indian officials have indicated

Washington: As anticipation builds over US President Donald Trump's so-called "Liberation Day" tariff announcement, the White House has confirmed there will be no exemptions in the new wave of reciprocal tariffs. Speaking at a press briefing on Monday, White House spokesperson Karoline Leavitt made it clear that these tariffs are aimed at putting an end to what the administration calls decades of "unfair trade practices" against American exporters. President Trump has

This month, the announcement of sweeping 25% tariffs on cars “not made in the U.S.” has sent ripples through the global automotive industry, especially affecting Asian car manufacturers. U.S. President Donald Trump’s decision has put significant pressure on automakers ahead of the implementation of the new duties, which are set to take effect later this week. The move has particularly shaken Japanese and South Korean carmakers, many of whom rely heavily on the U.S. market. S

In an unexpected twist to Turkey’s ongoing political unrest, a viral moment stole headlines as a protester dressed in a Pikachu costume was seen fleeing police in Antalya during a demonstration against the arrest of Istanbul Mayor Ekrem Imamoglu. The bizarre yet symbolic act of defiance unfolded in the early hours of March 27, as law enforcement deployed water cannons to scatter demonstrators. What began as a nationwide outrage ove

The European Union has issued a new set of guidelines urging its 450 million citizens to prepare for potential crises by stockpiling essential supplies. These supplies, which should last for at least 72 hours, include food, water, medicine, flashlights, and other critical items. The EU’s recommendation comes as part of an updated security strategy, considering the rising global threats that Europe faces today, including warfare, cyberattacks, the impacts of

In what appears to be a notable shift in the diplomatic tone between two of Asia’s largest economies, China and India are reportedly working on resuming direct flights that were halted five years ago due to the Covid-19 pandemic and subsequent border clashes. This development comes as both nations gear up to celebrate the 75th anniversary of their diplomatic relationship on April 1, 2025. Chinese Consul General in Kolkata, Xu Wei, confirmed in a press conference that negotiations are on