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

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

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

April 1st is that one day of the year where a little mischief is not only forgiven but expected. April Fool’s Day 2025 brings the perfect opportunity to spread laughter and light-hearted confusion among those you care about. Whether you're spending the day with family, texting friends, or trying to prank your significant other, these easy, harmless pranks are sure to keep the fun going without crossing the line. Pranks To Try at Home If y

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

The stock market suffered a sharp sell-off on Friday as fears over inflation, declining consumer confidence, and doubts about artificial intelligence investments combined to push major indexes lower. The S&P 500 dropped 2%, making it the second-worst trading day of 2025 for the broad-based index, while the Nasdaq Composite tumbled 2.7%, breaching its lowest point for the year. The Dow Jones Industrial Average also slumped, losing 1.7% as investors reacted to concerning economic signals.

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

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

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

Eid-ul-Fitr is one of the most significant festivals for Muslims across the globe. It marks the end of Ramadan, a month of fasting, prayer, and reflection. The festival is celebrated on the first day of Shawwal, the tenth month of the Islamic calendar (Hijri), and its exact date depends on the sighting of the crescent moon.   Eid-ul-Fitr 2025 Date in India In India, Eid-ul-Fitr is likely to be observed either on March 30 (Sunday) or March 31

The Board of Control for Cricket in India (BCCI) has announced a generous Rs 58 crore prize money for the Indian cricket team following their triumphant victory in the ICC Champions Trophy 2025. On March 9, under the leadership of Rohit Sharma, Team India defeated New Zealand by four wickets in the thrilling final held at the Dubai International Cricket Stadium. This victory marked India's third Champions Trophy title, following their previous triumphs in 2002 and 2013. The win further ce

A significant diplomatic breakthrough emerged as US President Donald Trump and Ukrainian President Volodymyr Zelenskyy engaged in a pivotal one-hour phone call, resulting in a limited ceasefire agreement between Russia and Ukraine. The ceasefire, while partial, marks a crucial step toward a more comprehensive peace settlement in the ongoing conflict. White House Press Secretary Karoline Leavitt confirmed the development on Thursday, expressing optimism that a "lasting ceasefire" was

The Israel Defense Forces (IDF) have launched a renewed ground offensive in central and southern Gaza, regaining control of a strategically significant land corridor. This development follows intense aerial bombardments that killed over 400 people and effectively ended a fragile two-month-old ceasefire with Hamas. The IDF announced the new "pinpointed" ground operations through an official statement, explaining that the military action aims to expand a security zone and establish a

The Bombay High Court has directed the Bandra Magistrate Court to decide the divorce case of Indian cricketer Yuzvendra Chahal and his estranged wife, Dhanashree Verma, by March 20. The decision comes as Chahal’s Indian Premier League (IPL) 2025 commitments draw closer, with the Punjab Kings set to play their opening match on March 25 against the Gujarat Titans in Hyderabad. Justice Madhav Jamdar presided over the case and emphasized the urgency of resolving the matter promptly. The cou

Global Recycling Day 2025 is set to be observed on March 18, a day dedicated to recognizing and promoting recycling as a key solution for environmental preservation and sustainable living. Established in 2018, this annual event highlights the critical role recycling plays in conserving natural resources and reducing environmental pollution. The concept of Global Recycling Day was introduced by Ranjit Baxi during his inaugural speech at the Bureau of International Recycling (BIR) Convention in

At least 100 people were killed in Gaza early Tuesday as Israel launched a wave of intense airstrikes, shattering the fragile ceasefire that had held since January. The attacks targeted multiple locations across Gaza, including Gaza City, Deir al-Balah, Khan Younis, and Rafah. The strikes marked the most intense Israeli bombardment since the ceasefire agreement took effect. According to Palestinian health officials, many of the victims were children as airstrikes struck heavily populated resi

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

Indian badminton stars PV Sindhu and Lakshya Sen are set to continue their quest for top form at the Swiss Open 2025 in Basel, starting Tuesday. The USD 250,000 BWF Super 300 tournament will witness a strong Indian presence across multiple categories. Two-time Olympic medallist PV Sindhu, seeded seventh, will face compatriot Malvika Bansod in a much-anticipated opening-round clash. This intriguing encounter between India's top female shuttlers will highlight the battle of experience versu