Veteran emerging markets investor Mark Mobius has shifted nearly all of his investments into cash, citing ongoing global trade tensions and market uncertainty. In an interview with Bloomberg Television, Mobius said that he currently has around 95% of his funds in cash, declaring that “cash is king” as the global economy navigates unstable trade dynamics. Mobius, who has over three decades of experience investing across developing markets and co-founded Mobius Capital P

The Income Tax Department has officially released the Income Tax Return (ITR) forms 1 and 4 for the assessment year 2025–26, enabling individual taxpayers, Hindu Undivided Families (HUFs), and firms (excluding LLPs) with total income up to ₹50 lakh to begin filing their income tax returns. This marks the beginning of the tax season for income earned during the financial year April 1, 2024, to March 31, 2025. Taxpayers must submit their returns by the due date of July 31, 2025, to avoid l

India’s top security and political leadership gathered for back-to-back high-level meetings on Wednesday to discuss the country’s evolving strategy following the Pahalgam terror attack, in which 26 tourists were killed. With tensions rising between India and Pakistan, the government’s response has included hard-hitting diplomatic and policy-level decisions, including the suspension of the Indus Waters Treaty. The Cabinet Committee on Security (CCS), chaired by Prim

Despite suffering a narrow 14-run defeat to Kolkata Knight Riders, Delhi Capitals’ young spin all-rounder Vipraj Nigam remains confident that his side will not only make the playoffs but also fight for a top-two finish in the IPL 2025 standings. The Capitals, who have now lost three games at home, fell short while chasing 205, but the mood in the camp remains optimistic. Speaking after the match, Nigam, who impressed with both bat

The Golden State Warriors are officially back in the NBA Playoffs, securing the No. 7 seed after a strong play-in victory and setting up a first-round showdown with a familiar postseason rival — the Houston Rockets, who hold the No. 2 seed in the Western Conference. This matchup rekindles one of the more competitive playoff rivalries in recent years, with Golden State previously besting Houston in all four playoff series between 2015 and 2019. Now, in 2025, the two sides are meeting for

India and Pakistan find themselves in a renewed phase of tension following a deadly terror attack in Jammu and Kashmir's Pahalgam and a subsequent series of ceasefire violations across the International Border and the Line of Control (LoC). This recent spike in hostilities has cast a shadow over diplomatic relations, with a series of political, military, and humanitarian developments rapidly unfolding. On the intervening night of April 29 and 30, the Pakistan Army initiated unpr

 Adidas has confirmed that U.S. tariffs introduced under former President Donald Trump will eventually lead to price increases on all of its products sold in the American market. The German sportswear company made the statement on Tuesday while presenting a strong financial performance for the first quarter, though it acknowledged that continued global trade uncertainty was holding back its growth forecast. The sportswear giant said it could not yet determine exactly how much

If Texas were an independent nation, its economy would rank as the eighth-largest in the world, surpassing economic giants like Russia, Canada, and Italy. With a nominal gross domestic product (GDP) of $2.7 trillion, Texas sits just behind the overall United States, China, Germany, and Japan when measured against global economies. Among U.S. states, Texas ranks second only to California and accounts for an impressive 9% of the total U.S. GDP. According to recent data compiled by the Internati

In recognition of an extraordinary achievement on the cricket field, Bihar Chief Minister Nitish Kumar has announced a cash reward of Rs 10 lakh for 14-year-old cricket prodigy Vaibhav Suryavanshi. Suryavanshi’s breathtaking innings against Gujarat Titans at the Sawai Mansingh Stadium on Monday has left a lasting impression in the history of the T20 format, and his performance has quickly captured national attention. Hailing from Bihar, Vaibhav Suryavanshi showcased immense co

At just 14 years old, Vaibhav Suryavanshi has already made history in the Indian Premier League by becoming the youngest centurion ever. Representing Rajasthan Royals, the young batting sensation lit up the 'Pink City' with a breathtaking century against Gujarat Titans during a high-voltage chase of 210 runs on Monday, during the 18th season of the IPL. His fearless knock of 101 runs from just 38 deliveries left cricket fans and experts alike in awe, establishing him as one of the mos

In a historic political event, Mark Carney has led Canada's Liberal Party to victory in the 2025 federal election, securing a rare fourth consecutive term for the Liberals. According to projections by Canadian public broadcasters CBC and CTV News, the Liberals will form the next government, although it remains uncertain whether they have achieved an outright majority in parliament. Carney, a 60-year-old former central bank governor for both Britain and Canada, only recently asce

The United States has expressed deep concern over escalating tensions between India and Pakistan following the recent terror attack in Pahalgam, which claimed the lives of 26 people. In a statement issued on Monday, the U.S. State Department emphasized the importance of both nations adopting a responsible and peaceful approach to resolving the crisis. The message comes in the wake of growing uncertainty and strain between the two nuclear-armed neighbors, with the international community watch

In a major blow to Jammu and Kashmir’s thriving tourism industry, the government has shut down dozens of resorts and restricted access to several popular tourist destinations across the Union territory. The move comes just days after a horrifying terror attack at the picturesque meadows of Pahalgam left 26 civilians dead, triggering widespread panic and fear among both locals and visitors. According to official sources, at least 48 resorts have been ordered to close as a preventive meas

Canadians voted on Monday to elect their next Prime Minister as the country confronts a renewed wave of tensions with the United States, fueled by President Donald Trump’s threats of annexation and a continuing trade war. On election day itself, Trump’s comments sparked outrage across Canada, with political leaders from all major parties rebuking his statements. As of the latest projections from CTV News and CBC, Prime Minister Mark Carney’s ruling Liberal Party is

The Wankhede Stadium witnessed a momentous evening on Sunday as Mumbai Indians (MI) clinched a vital win against Lucknow Super Giants (LSG), with Jasprit Bumrah leading the charge. Supported from the stands by his wife Sanjana Ganesan and their son Angad, Bumrah delivered a stellar performance, picking up four crucial wickets and electrifying the crowd with his game-changing spells. The occasion was made even more special as shutterbugs captured a fleeting glimpse of little Angad in the stand

Apple’s App Store continues to make a significant economic impact in India, facilitating a staggering Rs 44,447 crores (approximately $5.31 billion) in developer billings and sales in 2024, according to a newly published report. An overwhelming 94 percent of this commerce flowed directly to developers and businesses without any commission deducted by Apple. The report, authored by IIM Ahmedabad professor Viswanath Pingali, sheds light on the transformative effect the App Store

In a landmark defense agreement, India has signed a Rs 63,000 crore government-to-government deal with France to procure 26 Rafale-Marine fighter jets, aimed at strengthening the Indian Navy’s combat capabilities amid rising maritime challenges posed by China in the Indo-Pacific region. The contract was signed under an Inter-Governmental Agreement (IGA), ensuring direct procurement without any intermediaries. The agreement covers the delivery of 22 single-seater Rafale-M jets and four t

In a decisive move to counter provocative misinformation following the Pahalgam terror attack, India has banned 16 Pakistani YouTube channels, government sources confirmed. The action was taken on the recommendations of the Union Home Ministry to safeguard national security and maintain public order amid heightened tensions between India and Pakistan. The banned YouTube channels collectively had a massive following, totaling over 63 million subscribers. The channels included prominent Pakista

Following the devastating terror attack in Jammu and Kashmir's Pahalgam, which claimed 26 lives, India has taken a historic decision to suspend the Indus Waters Treaty of 1960. Union Jal Shakti Minister CR Patil, after a key meeting with Home Minister Amit Shah and top officials, announced that India will ensure "not even a drop" of Indus River water reaches Pakistan. This move is being seen as a firm and justified response to sustained cross-border terrorism, signaling a major shi

In a major development, the United Nations Security Council (UNSC) has issued a strong condemnation of the Pahalgam terror attack that left 26 people dead, stressing that the perpetrators, financiers, and sponsors of this heinous act must be brought to justice. The 15-nation body urged all states to cooperate actively under international law to hold those responsible accountable. The UNSC’s statement comes amid escalating tensions between In