Prime Minister Narendra Modi has been awarded the Order of Oman, the Sultanate’s highest civilian honour, by Sultan Haitham bin Tarik in recognition of his contribution to strengthening India-Oman relations. The award was presented during PM Modi’s ongoing visit to Muscat, the final stop of his three-nation tour that included Jordan and Ethiopia. This recognition adds to his record of over 28 prestigious civilian honours from nations around the world, including recent distinctions such as

Pakistan’s request to reduce the 18 percent GST on condoms and other contraceptives has been rejected by the International Monetary Fund, leaving the government unable to make birth-control products cheaper in a period of rising population and financial pressure. Prime Minister Shehbaz Sharif had asked the Federal Board of Revenue to approach the IMF for immediate approval to remove the tax, but the lender made it clear that such changes cannot be made mid-year and may only be considered du

Tension in Bangladesh has sharply escalated after India closed its visa centres in Rajshahi and Khulna, prompting violent protests and warnings of further unrest. Demonstrators clashed with security personnel near the Assistant High Commission of India in Rajshahi after attempting to march toward the compound. Protesters accused India of injustice and went so far as to threaten bloodshed, saying they would use swords or other weapons if necessary. The situation has alarmed authorities on both

A migratory seagull carrying a Chinese-made GPS tracking device was found along Karnataka’s Karwar coast, raising questions due to the location’s proximity to the strategic INS Kadamba naval base. Locals first spotted the bird near Timmakka Garden in Uttara Kannada district and alerted the marine division of the forest department. The discovery drew attention because INS Kadamba hosts key Indian Navy assets and is undergoing expansion that will make it one of the largest naval bases in th

India has closed the Indian Visa Application Centre in Dhaka following growing security concerns and escalating diplomatic tensions with Bangladesh. The decision was taken after intelligence inputs warned of threats from extremist elements and provocative statements made by certain Bangladeshi political leaders. The closure reflects India’s increasing concern over the safety of its diplomatic missions and personnel in the neighbouring country. The Indian Visa Application Centre lo

U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia. West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude

The United States has paused a multi-billion-pound investment programme in British technology, dealing a significant setback to relations between Washington and London amid ongoing trade disagreements. The decision places the £31bn tech prosperity deal on hold, halting a package that had been presented by the UK government as a cornerstone of its economic and diplomatic strategy with the US. The agreement, unveiled during Donald Trump’s state visit to the UK, was described by Pri

The strategic rivalry between the United States and China in the semiconductor sector continued to intensify throughout 2025, with export controls remaining a central instrument in what has come to be known as the global chip war. The dispute, rooted in concerns over national security, technological leadership and economic influence, significantly affected the semiconductor industry, global supply chains and investment decisions during the year. At the start of 2025, the United States maintained restrictions on the export of advanced artificial intelligence chips and related technologies to China. These controls were designed to limit Beijing’s access to cutting-edge computing capabilities that could be applied to military and surveillance technologies. US officials defended the measures as necessary to protect national security interests, but the restrictions had immediate commercial consequences for American chipmakers with strong exposure to the Chinese market. Companies producing high-performance AI chips, including industry leaders such as Nvidia, reported revenue pressures linked to reduced access to Chinese customers. The curbs also led to higher compliance costs and uncertainty over long-term market strategies. Industry executives warned that prolonged restrictions could weaken the global competitiveness of US firms while accelerating China’s efforts to develop independent semiconductor capabilities. Policy signals shifted after Donald Trump assumed the US presidency in January. His administration moved to ease certain export controls on advanced AI chips for what were described as approved customers in China. Under the revised framework, sales of Nvidia’s H200 chip were permitted, subject to conditions that included profit-sharing arrangements with the US government. The adjustments were widely interpreted as an attempt to balance national security concerns with the commercial interests of American technology companies. China responded to the US measures by criticising what it described as discriminatory semiconductor policies and urging Washington to reverse the controls. Beijing argued that the restrictions were disrupting global supply chains and undermining fair competition in the semiconductor industry. At the same time, Chinese authorities accelerated domestic initiatives aimed at strengthening the country’s chip manufacturing ecosystem and reducing reliance on foreign suppliers. As part of its response, China imposed export controls on several rare earth elements, materials that are essential for semiconductor production and advanced electronics. China holds a dominant position in the global rare earth supply, making these measures a powerful lever in the broader technology competition. The restrictions heightened concerns among manufacturers worldwide about material availability and supply chain resilience. The prolonged US-China chip war had ripple effects across global markets. American and allied semiconductor firms experienced volatility in revenues and share prices as companies reassessed exposure to geopolitical risk. Investment patterns shifted as manufacturers sought to diversify production and sourcing to reduce dependence on any single market. Chinese technology firms increasingly turned to domestic suppliers, accelerating efforts to replace restricted foreign components with locally developed alternatives. In parallel, the United States expanded its focus on strengthening domestic semiconductor production through subsidy programmes under the CHIPS Act. The initiative supported the construction of new fabrication plants and aimed to secure long-term technological leadership by rebuilding advanced manufacturing capacity within the country. By late 2025, both Washington and Beijing took limited steps to ease tensions, agreeing to suspend certain rare earth export controls. While the move signalled a willingness to manage escalation, the underlying competition in advanced chip technologies remained unresolved. The year underscored how deeply the semiconductor rivalry has become embedded in global trade, industrial policy and national security calculations, with lasting implications for the future of the technology sector.

US President Donald Trump said on Monday, December 15, that efforts to end the war between Russia and Ukraine were making unprecedented progress, describing the possibility of a peace deal as “closer than ever.” His remarks came amid a series of high-level diplomatic engagements in Europe, where Ukrainian President Volodymyr Zelensky met with key European leaders in Berlin as part of renewed international efforts to bring an end to the nearly three-year-long conflict. Speaking t

Hundreds of Indian professionals holding H-1B work visas have found themselves unexpectedly stranded in India after US authorities postponed visa interviews that were originally scheduled for December, pushing them to March, April, or even later next year. The abrupt decision has disrupted travel plans, employment continuity and family stability for many skilled workers who were visiting India temporarily and expected to return to their jobs in the United States within weeks. The sudden uncertai

Russia’s mysterious shortwave radio station known as UVB-76, often referred to as the “Doomsday Radio” or “The Buzzer,” transmitted an unusually high number of cryptic messages this week, drawing renewed attention from military analysts and security observers across Europe. The rare surge in activity included three transmissions on Monday, eight more on Wednesday, and an extended broadcast combining faint music with long sequences of Morse code, an operational pattern that has not b

Kolkata witnessed a rare convergence of global sporting excellence and popular culture on Saturday, December 13, as legendary footballer Lionel Messi arrived in the city as part of his three-day GOAT India tour. The visit transformed the city into a focal point of international attention, with fans, sports enthusiasts, and cultural observers closely following every development surrounding the Argentine icon’s presence. The historic Yuva Bharti stadium served as the backdrop for a series of

United States President Donald Trump said on Friday that the prime ministers of Thailand and Cambodia have agreed to halt fighting following days of deadly clashes along their disputed border, raising hopes for a return to stability in the volatile region. The announcement came after Trump held separate phone conversations with Thai Prime Minister Anutin Charnvirakul and Cambodian Prime Minister Hun Manet, as tensions threatened to escalate into a broader military confrontation. In

Recent calls by some US political activists to reduce or eliminate the presence of Indian professionals in American workplaces have reignited a long-running debate over immigration, national identity and economic growth. Mark Mitchell, a US pollster who has promoted what he describes as a “de-Indianisation” consultancy, has become a prominent voice in this discourse. His arguments reflect a broader strain of nativism that has surfaced periodically throughout American history, often at mom

US President Donald Trump is reported to be considering the formation of a new geopolitical grouping known as the “Core-5,” a proposed alliance that would bring together the United States, Russia, China, India, and Japan. The initiative is being explored as a potential alternative to the Group of Seven, signaling a significant shift in Washington’s approach to global leadership and alliance-building. If pursued, the Core-5 could represent one of the most powerful strategic blocs ever as

The US Embassy in India has postponed temporary work visa interviews scheduled for mid-December, triggering widespread concern among Indian professionals awaiting H-1B visa processing. The affected interviews have now been rescheduled to March and April 2026, according to communications sent to applicants and legal experts familiar with the matter. The unexpected decision has disrupted travel and employment plans for thousands of workers who rely on timely visa stamping to continue their role

Silver prices touched a key psychological level on Friday as March futures on the Multi Commodity Exchange briefly crossed the Rs 2 lakh mark, reflecting strong momentum in the bullion market. The contract rose to an intraday high of Rs 2,00,362 before easing slightly in late trade. By 3:54 pm, silver was quoted at Rs 1,99,238, still holding most of the day’s gains as traders assessed near-term cues. The move marks the continuation of a steady rally seen over the past several weeks, driven by a combination of supportive global and domestic factors. A softer US dollar and declining global interest rates have improved the appeal of non-yielding assets such as precious metals, encouraging investor participation. At the same time, broader strength across industrial commodities has added to bullish sentiment in silver, which straddles both investment and industrial demand. Market participants point to global monetary easing as a key driver behind the recent surge. With the US Federal Reserve cutting rates again, expectations of a prolonged low-rate environment have strengthened. This has reduced the opportunity cost of holding metals and increased demand from investors seeking diversification and protection against currency volatility. A weaker dollar has further supported prices by making silver cheaper for overseas buyers, lifting global demand. Industrial consumption has also emerged as a significant pillar for prices. Silver remains a critical input for solar panels, electric vehicles, semiconductors and a wide range of electronic components. As global investment in clean energy and technology accelerates, demand for the metal continues to expand. Several industry estimates suggest that supply growth from mining has not kept pace with rising consumption, resulting in a persistent global supply deficit. In India, demand has been reinforced by the rapid expansion of solar power capacity and the government’s push to strengthen domestic electronics manufacturing. Traders noted that once silver moved decisively above the Rs 1.90 lakh resistance zone, momentum-based buying gathered pace, carrying prices toward the Rs 2 lakh threshold. The longer-term outlook remains constructive, supported by structural demand trends. Analysts tracking the market highlight that the imbalance between supply and consumption is likely to persist, keeping prices elevated. Based on these fundamentals, some projections point to a potential upside toward Rs 2.40 lakh over the medium to long term, provided global demand remains steady and mining output does not rise sharply. From a technical perspective, the ability of silver to sustain levels near Rs 2 lakh will be closely watched. Immediate resistance is seen around Rs 2,00,500, while support is placed near Rs 1,96,000. A firm close above resistance could strengthen expectations of a move toward the Rs 2.10 lakh to Rs 2.15 lakh range. However, traders caution that short-term volatility is likely, with profit booking or shifts in global rate expectations capable of triggering temporary corrections. Despite the possibility of near-term swings, the broader fundamentals continue to favour silver. Growing demand from solar, electronics and EV segments, combined with limited supply expansion, underpins the bullish outlook. The recent move past Rs 2 lakh has set a new reference point for the market, and its ability to build on this milestone will depend on how global monetary policy, industrial consumption and investor sentiment evolve in the weeks ahead.

US President Donald Trump and Indian Prime Minister Narendra Modi held a phone conversation on Thursday, December 11, as confirmed by US Ambassador Sergio Gor. During the discussion, Prime Minister Modi expressed his support for President Trump’s ongoing efforts to help bring peace to Ukraine. The call comes at a time when both nations are navigating trade tensions following the United States’ decision earlier this year to impose a 50% tariff on select Indian goods. According to

A recent report has indicated that SpaceX, the aerospace company led by Elon Musk, could be poised for one of the largest public listings in history, with a potential valuation approaching $1.5 trillion. The report, based on information attributed to individuals familiar with ongoing internal discussions, suggests that the company may consider launching an initial public offering in 2026, depending on overall market stability and strategic readiness. If pursued at the scale projected, the listing would position SpaceX among the highest-valued companies ever to enter public markets, reflecting widespread investor confidence in the growing commercial space sector and in the company’s expanding operational footprint. The report indicated that SpaceX is exploring the possibility of raising more than $30 billion through the offering, a figure notably higher than earlier expectations. Such a fundraising effort would place the company’s valuation close to levels only seen in a few landmark listings, including major energy and technology offerings of previous years. Sources cited in the report noted that the company may adjust the timeline, potentially moving the offering into 2027, should financial or regulatory conditions make a delay more favourable. The expected proceeds would support the expansion of space-based data centres, a growing area of interest for SpaceX as it works to increase global connectivity and strengthen the infrastructure supporting its satellite-driven services. Financial projections referenced in the report show that SpaceX may generate around $15 billion in revenue during 2025, with estimates rising to between $22 billion and $24 billion in 2026. Much of this anticipated growth is attributed to Starlink, the satellite-internet service that has rapidly expanded its global user base. The company is also conducting a secondary share sale that allows employees to sell stock at a price suggesting a valuation exceeding $800 billion, demonstrating continued private-market demand for SpaceX shares. Previous internal transactions have placed the company’s value near the $800 billion level, but the higher valuation discussed in the latest report reflects expectations tied specifically to an eventual public listing. Musk has commented in the past that some earlier valuation figures were inaccurate, although he acknowledged that employee share sales have occurred periodically. He has not yet addressed the newly reported projections regarding a possible IPO. Musk has often expressed caution about taking SpaceX public, emphasising that the company’s long-term ambitions, including advancing human exploration of Mars, require flexibility that may not always align with public-market demands. Despite this reluctance, the company has maintained strong cash flow, according to Musk’s earlier statements, and has been able to conduct internal share buybacks without seeking external funding. As of now, neither Musk nor SpaceX has confirmed any details related to the potential listing. The timeline, valuation and structure of the offering remain subject to change, and any future decision will likely depend on economic conditions, regulatory considerations and the company’s strategic priorities. Nonetheless, the prospect of a record-setting valuation continues to draw significant attention, underscoring SpaceX’s influence within the global space economy and the broader technology landscape.

Tensions between Japan and China intensified further after a coordinated air patrol by Chinese and Russian military aircraft passed close to Japan and South Korea, prompting both Tokyo and Seoul to scramble fighter jets. According to Japan’s defence authorities, seven Russian aircraft and two Chinese aircraft briefly entered South Korea’s Air Defence Identification Zone, raising fresh concerns over the scale and frequency of joint operations by Beijing and Moscow in the Asia Pacific regio