German Chancellor Olaf Scholz warned on Monday that the European Union would take countermeasures if the United States proceeded with imposing additional tariffs on EU exports. Speaking upon his arrival at an EU summit in Brussels, Scholz emphasized Europe's economic strength and its ability to respond decisively. "As a strong economic region, we have the capacity to take independent action an

Budget 2025: Key Tax Changes for NRIs and Foreign Investors Finance Minister Nirmala Sitharaman's Budget 2025 proposed several important tax reforms that directly affect Non-Resident Indians (NRIs) and foreign investors. These updates aim to simplify taxation, promote NRI investments, and align the tax regime with global standards. Below is a breakdown of the major changes: Presumptive Taxation Regime for Foreign

Under Donald Trump’s second term, US foreign policy is increasingly mirroring India’s strategic approach—prioritizing national interests over traditional alliances. Trump’s signature "America First" stance, which triggered trade wars and diplomatic strains, reflects India’s long-standing focus on self-interest, even if it means distancing from conventional multilateralism.  

Greenlanders Overwhelmingly Reject U.S. Annexation, New Poll Shows A new poll conducted in Greenland reveals that a significant 85% of the population opposes the idea of the island becoming part of the United States, a proposal recently put forward by President Trump. The survey, published in Berlingske and Sermitsiaq, highlights Greenlanders' strong desire to maintain their autonomy despite increasing intern

Trump's 25% Tariffs on Canada and Mexico: A Trade War in the Making? In a bold move set to take effect on February 1, U.S. President Donald Trump has announced a 25% tariff on imports from Canada and Mexico. Citing concerns over illegal immigration, fentanyl trafficking, and trade imbalances, the administration is taking an aggressive stance on border economics. However, one major question re

PM Modi Expresses Deep Condolences Over Tragic Mid-Air Collision in Washington, D.C. In a devastating aviation tragedy near Washington, D.C., an American Eagle passenger jet collided mid-air with a U.S. Army Black Hawk helicopter over the Potomac River, claiming the lives of all 64 people on board. The incident, one of the deadliest aviation disasters in the U.S. in decades, has sent shockwaves across the world.

At the Global Labour Market Conference (GLMC) in Riyadh, an AI chatbot named 'Ryan' has gained attention for its role as a global labour market advisor. Developed by Riyadh-based Takamol, this AI-driven chatbot provides insights into job trends, workforce data, and economic forecasts related to the global labour market. It is available for interaction both at the conference booth and online, offering responses in multiple languages, including English, Arabic, French, and Spanish. Visi

In a surprising legal resolution, Meta has reportedly agreed to pay $25 million to settle a lawsuit filed by former U.S. President Donald Trump over his social media bans following the January 6, 2021, Capitol attack.   According to reports, $22 million from the settlement will fund the non-profit organization managing Trump’s future presidential library, while the remaining amount will c

India Rejects Canadian Report on Election Interference, Accuses Ottawa of Meddling In a sharp rebuttal to allegations of election interference, India has dismissed a report by the Canadian Commission that accuses New Delhi of attempting to influence Canada’s electoral process. Instead, the Indian government has turned the tables, criticizing Ottawa for meddling in India’s internal affairs and fostering an environment conducive t

Telangana Chief Minister A. Revanth Reddy proudly announced that the state has secured approximately Rs 1.8 lakh crore in investments during his recent visit to the World Economic Forum (WEF) annual meeting in Davos, Switzerland. This marks a significant milestone for the state, with the Chief Minister emphasizing the importance of these investments in bolstering Telangana's economic growth. Taking a dig at the opposition Bharat Rashtra Samithi (BRS), Reddy refuted their claims

Prime Minister Narendra Modi is set to visit the United States in February, as confirmed by US President Donald Trump. This will mark the first meeting between the two leaders since Trump’s second-term inauguration on January 20.   According to reports, Trump and Modi recently had a productive phone call, discussing ways to enhance bilateral cooperation and strengthen the US-India strateg

Senate Confirms Scott Bessent as Treasury Secretary The Senate has confirmed Scott Bessent as the new Treasury Secretary in a 68-29 vote on Monday, elevating the hedge fund manager to lead the administration’s financial policies as President Donald Trump advances his ambitious economic agenda.   At 62, Bessent steps into t

The Impact of Potential U.S. Tariffs on Canadian Goods: Economic and Political Repercussions The article explores the potential economic and political effects of tariffs threatened by former U.S. President Donald Trump on Canadian goods and the retaliatory measures proposed by outgoing Canadian Prime Minister Justin Trudeau. Here’s a comprehensive look at the key issues:

The Kho Kho World Cup 2025 has brought a new wave of excitement to the sport, highlighting its potential for international growth. Held in India, the event demonstrated how this traditional South Asian game is gaining traction across continents, from the United States to Brazil and beyond. The tournament not only showcased thrilling matches but also brought awareness to the possibilities for Kho Kho’s expansion, especially with low investment and minimal infrastructure requirements.

Strengthening US-India Relations During his visit to the United States to attend the inauguration of President Donald Trump as the 47th President of the United States on January 20, 2025, S. Jaishankar praised the growing bilateral relationship between India and the United States. Representing Prime Minister Narendra Modi as his Special Envoy, Jaishankar emphasized the commitment of the Trump adm

Trump Withdraws U.S. from Paris Agreement on First Day of Second Term On the first day of his second term, President Donald Trump signed an executive order withdrawing the United States from the Paris Agreement, the landmark international climate treaty in which nearly 200 countries pledged to work together to limit global warming. The decision comes at a

The U.S. decision to withdraw from the Organisation for Economic Co-operation and Development’s (OECD) global tax deal, led by President Trump in his second term, could lead to significant shifts in the global tax landscape. However, according to tax expert Rakesh Nangia, India's tax policy will not be heavily impacted by this move. India had taken a more cautious approach toward implementing the Global Anti-Base Erosion (GloBE) rules and had not introduced substantial changes to it

The HSBC Hurun Global Indians List 2024 recognizes 226 Indian-origin leaders who are running 200 of the world’s most valuable companies, collectively worth an astounding $10 trillion. Among the leaders, Microsoft CEO Satya Nadella, Alphabet CEO Sundar Pichai, and Vedanta Chairman Anil Agarwal stand out, with Nadella taking the top spot. This list reflects a growing dominance of Indian-origin leadership in global business, particularly in the software and services sector, which accounts

Trump’s Warning to BRICS On January 20, after being sworn in as the 47th President of the United States, Donald Trump issued a strong warning to BRICS nations regarding their ongoing de-dollarization initiatives. During a press meet in the Oval Office, he declared that BRICS members would face a 100% tariff on trade with the U.S. if they pursued efforts to reduce reliance on the U.S. dollar

Minutes after being sworn in for his second term on Monday, U.S. President Donald Trump pledged to reclaim the Panama Canal. In his inauguration speech, the Republican leader referenced the 19th-century expansionist doctrine of "Manifest Destiny" while also outlining plans for space exploration. Trump reiterated his pre-inauguration vow to reassert U.S. control over the canal, accusing Panama of failing to up