The International Masters League (IML) is gearing up for its exciting inaugural season with a lineup of six powerhouse teams: India, Australia, England, South Africa, Sri Lanka, and the West Indies. The tournament promises a nostalgic reunion for cricket fans, bringing together some of the greatest players in the history of the game. The opening match on February 22, 2025, will see India, led by the legendary Sachin Tendulkar, face off against Sri Lanka, captained by the iconic Kumar Sa

Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025. In a related matter, the fertilizer manufacturer

Trump's Tariff Announcement and Border Security: President Donald Trump announced plans to impose tariffs of up to 25% on Mexico and Canada, effective February 1, 2025, arguing that both countries are contributing to illegal immigration and drug smuggling into the US. This move, part of his broader trade policy agenda, comes after his inauguration address, where he emphasized using tariffs to strengthen the US economy. However, such tariffs could risk igniting a trade con

Gautam Adani’s Address to Students On Monday, Gautam Adani, the chairman of the Adani Group, addressed the students of Adani International School in Ahmedabad. During his speech, Adani shared three core principles for the students: "dream relentlessly, learn relentlessly, and build relentlessly," encouraging them to aim high and remain determined in their endeavor

During a visit to SpaceX's Starbase facility in Texas on Friday, Elon Musk shared his optimistic view on the growing India-US trade relationship, stating that the bilateral ties are “trending positive.” Musk, a key player in both the automotive and technology sectors, expressed his support for lowering trade barriers between the two nations to foster increased commerce and

Impact of China’s Export Restrictions on Indian Manufacturing: India’s manufacturing industry is facing significant disruptions due to China’s export restrictions, which are part of the ongoing trade tensions between the United States and China. These curbs primarily affect industries in India that rely on raw materials, machinery, and components from China, such as the solar po

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

The United Nations has expressed grave concern over the significant increase in executions in Iran, with reports indicating at least 901 people were executed in 2024, including a particularly high number in December. UN rights chief Volker Turk called the situation "deeply disturbing" and urged Iran to take action to end the rising tide of executions. Iran remains one of the leading countries in carrying out the death penalty, following only China, where reliable figures a

India has strongly rejected two reports published by The Washington Post, accusing the country of involvement in two significant issues. The first report linked India to a failed plot in the Maldives to impeach President Mohamed Muizzu through bribery attempts targeting members of Parliament. The second report alleged that India’s intelligence agency, RAW, had been running covert operations in Pakistan since 2021 to eliminate specific individuals. In response to the r

In South Korea's deadliest air disaster, a Jeju Air passenger jet, Flight 7C2216, crashed during its landing attempt at Muan International Airport on Sunday, resulting in 179 fatalities. The crash occurred after a series of events, starting with a bird strike reported by the pilot as the flight was approaching the airport. According to the final timeline of the flight, the aircraft was cleared by air traffic control at 8:54 am to land on runway 01. However, just minutes later, a

India has initiated anti-dumping investigations into two Chinese products—nylon filament yarn and trimethyl dihydroquinoline (TDQ). The investigations were triggered by petitions from domestic companies, such as Century Enka Ltd., Gujarat Polyfilms Ltd., and Oriilon India Ltd., for nylon filament yarn, and NOCIL Ltd. for TDQ. The Directorate General of Trade Remedies (DGTR) is looking into whether these cheap imports from China and Vietnam have caused material harm to local industries.

Panamanian President Jose Raul Mulino firmly rejected any negotiations with US President-elect Donald Trump regarding control of the Panama Canal, affirming that the canal belongs solely to Panama. Mulino emphasized that the canal, which was transferred to Panama in 1999 after being built by the United States, cannot be the subject of talks with Washington. Trump's recent comments, which criticized the tolls for US vessels passing through the canal and expressed concern over China's a

Trade and maritime ties between Pakistan and Bangladesh have been strengthening recently, raising concerns for India. A second cargo vessel, 'MV Yuan Xiang Fa Zhan,' from Karachi arrived at Chittagong port carrying essential industrial materials and consumer goods. This is part of a broader trend of increased trade between the two countries, which has coincided with a diplomatic push by Bangladesh's interim leader Muhammad Yunus to improve relations with Pakistan. This s

As President-elect Donald Trump prepares for his second term in office, a growing number of U.S. colleges and universities are advising international students to return to campus before January 20, 2025, due to concerns that Trump may reinstate or expand travel restrictions. This advice follows the previous travel bans imposed during his first administration, which restricted entry to the U.S. for citizens from certain predominantly Muslim countries. Many schools, including Ivy League institu

Ircon International Ltd. has announced the appointment of Alin Roy Choudhury as its Chief Financial Officer (CFO) and key managerial personnel, effective January 1, 2025. Choudhury, who is currently the Chief General Manager of the finance division at the company, will succeed B Mugunthan. Mugunthan will be repatriated to the Ministry of Railways on December 31, 2024. Choudhury, a qualified cost and management accountant, has extensive experience spanning over 30 years in various do

NASA has announced that astronauts Butch Wilmore and Sunita Williams, who have been stranded on the International Space Station (ISS) since June, will remain in space at least until late March 2025. Originally, they were meant to spend just eight days aboard the ISS, but due to issues with Boeing's Starliner spacecraft's propulsion system, their mission was altered. After Starliner faced difficulties, NASA decided to send the astronauts back with the Crew-9 mission, which arrived in S

 In light of US President-elect Donald Trump's proposed tariff measures on China, Canada, and Mexico, India is poised to capitalize on potential shifts in global manufacturing. With Trump’s plan to impose tariffs of 25% on Canada and Mexico and 10% on China, manufacturers may seek alternative locations to bypass the 60% levy on Chinese goods. India, with its low-cost labor, skilled workforce, and growing tech sector, is an attractive destination for this shift. Invest

Aarit Kapil, a nine-year-old chess prodigy from Delhi, has made history by becoming the youngest Indian to defeat a chess Grandmaster. In the penultimate round of the KIIT International Open tournament in Bhubaneswar, Aarit triumphed over Raset Ziatdinov, a 66-year-old Grandmaster from the United States. At just 9 years, 2 months, and 18 days old, Aarit is now the third youngest player globally to beat a Grandmaster under classical time control. The game, which lasted 63 moves, saw

In a significant escalation of trade tensions, China announced on Tuesday that it would ban the export of several key materials, including gallium, germanium, and antimony, to the United States. These materials are vital for high-tech applications, including advanced electronics and military technologies. The Chinese Commerce Ministry's decision follows a recent expansion of the U.S. “entity list,” which now includes 140 Chinese companies—many based in China, though some

The President of the International Criminal Court (ICC), Judge Tomoko Akane, strongly criticized both the U.S. and Russia for interfering with the court's investigations, accusing them of threatening the institution with economic sanctions and issuing arrest warrants for key officials. The remarks were made following the ICC’s decision to issue arrest warrants for Israeli Prime Minister Benjamin Netanyahu and others in connection to crimes in Gaza, which prompted backlash