Volkswagen has filed a lawsuit against Indian authorities, contesting a $1.4 billion tax demand that the company describes as "impossibly enormous" and in violation of India’s import tax regulations. The dispute centers around the classification of car imports, with Indian officials accusing Volkswagen of misclassifying imports to avoid higher customs duties. In particular, Volkswagen allegedly broke down nearly complete vehicles into individual parts, which are subject to low

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.  

Summary: Indian stock market saw a sharp decline: Sensex fell over 700 points, Nifty down nearly 300 points. Decline triggered by global factors, including new US tariffs on Mexico, Canada, and China. Foreign investor selling pressure continues, with FPIs pulling out significant funds from Indian markets. Rupee hits a record low of Rs 87.07 against the US dollar. Despite post-Budget relief for some sectors, overall

India’s emphatic 4-1 series win over England was a testament to their aggressive, fearless brand of cricket, with head coach Gautam Gambhir praising his players for adopting a high-risk, high-reward approach. Gambhir emphasized the team's intention to regularly post 250-plus scores in T20Is, recognizing that such an aggressive strategy would occasionally lead to lower totals but ultimately set them up for greater rewards in the long run. India’s mindset to keep attacking, rega

India wrapped up the T20I series with a resounding 150-run victory over England at Wankhede, securing an emphatic 4-1 series win. The final match saw an explosive performance by Abhishek Sharma, whose fiery 135(54) propelled India to an imposing total of 247/9. England's response was lackluster, folding for just 97 in 11 overs against a sharp bowling display from the hosts. This comfortable win came after a tense series, where emotions ran high, and heated remarks were exchanged between t

On Monday, the Indian rupee plunged by 67 paise to hit a record low of 87.29 against the US dollar. This sharp depreciation came in the wake of US President Donald Trump's decision to impose tariffs on Canada, Mexico, and China, sparking fears of a global trade war. Trump’s tariffs—25% on Canada and Mexico, and 10% on China—sent shockwaves through the financial markets. As the US dollar gained strength amid risk aversion, the rupee faced mounting pressure due to sustaine

In a heartbreaking incident in southern Ireland, two Indian students were killed, and two others were seriously injured after their car crashed into a tree in County Carlow. The two deceased, Cherekuri Suresh Chowdary and Chithoori Bhargav, both in their 20s, were pronounced dead at the scene. The accident occurred on Friday, when the black Audi A6 they were traveling in veered off the road at Graiguenaspiddoge, near Mount Leinster. The students, part of the Indian community in Carlow, had re

India’s U19 Women’s cricket team triumphed in the final of the T20 World Cup, defeating South Africa by 9 wickets to win their second consecutive title. Playing in Kuala Lumpur on Sunday, India showcased an outstanding all-round performance. South Africa, batting first, were bowled out for a mere 82 runs in 20 overs, thanks to disciplined bowling from the Indian team.   The bowlers made an immediate impact, taking back-to-back wickets early, which set the

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

India's strong performance in the ICC Women's U19 T20 World Cup semifinal saw them defeat England by 9 wickets, with G Kamalini scoring a match-winning 56* off 50 balls. India successfully chased down England's total of 113/8 in just 15 overs. Spinners shine for India: The standout performers for India were left-arm spinners Parunika Sisodia and Vaishnavi Sharma

Projected Economic Growth India’s economy is expected to grow between 6.3% to 6.8% in the financial year 2025-26 (FY26). This forecast comes from the Economic Survey 2024-25 presented by Finance Minister Nirmala Sitharaman in Parliament. Economic Fundamentals The survey highlights that the

Apple has confirmed that its highly anticipated AI-powered suite, Apple Intelligence, will be launching in India in April 2025. This new suite marks a significant step forward for Apple’s AI capabilities in India, which until now were limited to a few features like the Clean Up tool. In a recent earnings call, CEO Tim Cook revealed that the rollout will support multiple languages, including localized English for India, bringing features like Writing Tools, Smart Reply, and ChatGPT integ

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.

With the Union Budget 2025 just around the corner, India’s stock market is experiencing increased volatility. The India VIX, a key indicator of market fluctuations, surged by over 5% leading up to Budget day. Historically, the market has shown a mix of both gains and losses on the day of the Budget announcement and in the lead-up to it. The benchmark NSE Nifty 50 index has seen varying movements, with large swings in previous years, making it difficult to predict the immediate market re

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

Ahead of their Davis Cup 2025 World Group I Playoff tie against Togo, Team India has made extensive preparations, ensuring that the squad is well-acclimatized and sharp for the upcoming matches at the DLTA Complex in New Delhi. The team, led by Captain Rohit Rajpal, consists of seasoned players like N Sriram Balaji, Ramkumar Ramanathan, and Mukund Sasikumar, alongside debutants Rithvik Bollipalli and Karan Singh. Captain Rajpal emphasized the importance of team cohesion and getting used to th

In a tragic incident on Thursday morning, three workers are feared dead, and nearly 30 others have been injured after a roof slab collapsed at an under-construction cement factory in Panna district, Madhya Pradesh. The roof slab was being laid as part of the construction work at the JK Cement plant when it suddenly gave way, trapping more than 50 workers under the debris. Panna's superintendent of p

Union Minister of Information Technology, Ashwini Vaishnaw, revealed that India will soon host the popular DeepSeek AI model, developed by a Chinese startup, on Indian servers to address privacy issues. This move is part of India's broader strategy to bolster its AI capabilities, with Vaishnaw also announcing plans to develop the country's own foundational AI model in the coming months. In addition to this, Vaishnaw highlighted the creation of a common computing facility wit

Extended Economic Slowdown Expected: Maneesh Dangi, the CEO of Mosaic Asset Management, predicts that India's ongoing economic slowdown will last for at least another year and a half, contrary to the more optimistic views of many market participants. He believes the country is in the midst of a cyclical slowdown, which is a recurring phase in the economy. Dangi explains that such slowdowns typically last for five to seven quarters and do not recover without substan

Overview of China’s Technological Progress and India’s Struggles In the first paragraph, Nithin Kamath highlights the significant technological progress made by China, particularly in AI with startups like DeepSeek. Kamath draws a historical comparison between China and India’s development, noting that both countries had similar per-capita GDP in the 1960s and 7