India has approved changes to its foreign direct investment policy to allow Chinese companies to invest in selected sectors, marking a cautious step toward improving economic ties between the two countries after years of strained relations. The decision was cleared by the Union Cabinet led by Prime Minister Narendra Modi and is aimed at easing investment constraints faced by certain industries while strengthening domestic manufacturing capacity. Under the revised policy framework, C

Spanish Prime Minister Pedro Sánchez has strongly criticized the ongoing military strikes against Iran, describing the escalation in the Middle East as a “disaster” and warning that the world cannot risk repeating the mistakes of history. His remarks come shortly after a trade threat was issued to Spain in response to Madrid’s refusal to allow two jointly operated military bases on Spanish territory to be used in the strikes. In a televised address, Sánchez emphasized the dang

United States President Donald Trump has issued a fresh warning to global trade partners, threatening significantly higher tariffs for countries he claims have taken advantage of the American economy for years. The remarks come amid heightened uncertainty following a recent Supreme Court ruling that has reshaped the administration’s tariff authority and complicated ongoing trade negotiations. In a post on Truth Social, Trump cautioned that any nation attempting to “play games” in the w

World leaders and policymakers reacted quickly on Friday after the Supreme Court of the United States ruled that President Donald Trump exceeded his legal authority by imposing sweeping global tariffs, a decision that effectively blocks a key component of his trade policy agenda. The ruling has prompted governments and market observers worldwide to evaluate the potential consequences for international trade, economic stability, and future US trade relations. Speaking at a White House breakfa

​The Supreme Court on Friday invalidated a significant portion of President Donald Trump’s sweeping tariff program, ruling that the law used to justify many of the import duties does not grant the president authority to impose such measures unilaterally. The decision marks a major development in the ongoing debate over presidential powers and U.S. trade policy. In a 6–3 ruling, the court’s majority concluded that the International Emergency Economic Powers Act (IEEPA), the statu

The European Parliament has suspended its work on a proposed trade agreement between the European Union and the United States, citing escalating political pressure from US President

US President Donald Trump on Friday renewed his push for greater American control over Greenland, warning that countries opposing the idea could face economic consequences. Speaking at a White House event, Trump said he was prepared to use tariffs as leverage against nations that do not support what he described as a national security necessity for the United States. His remarks underscored a continued escalation in rhetoric surrounding the strategically important Arctic territory, which is a

China and Canada have announced a significant reduction in tariffs and signalled a broader reset in their bilateral relationship following high-level talks in Beijing, marking a notable shift after years of strained diplomatic and trade ties. The agreement was confirmed after a meeting on Friday between Chinese President Xi Jinping and Canadian Prime Minister Mark Carney, the first Canadian leader to visit China in nearly a decade. Under the deal, China is expected to reduce tariffs on Canad

The Supreme Court did not issue a decision Friday on the legality of broad tariffs imposed during President Donald Trump’s administration, extending uncertainty for financial markets and trade policy observers who have been closely watching the case for its potential economic and fiscal implications. Expectations had grown that the ruling might be released before the end of the week, but the court issued only a single opinion on Friday, unrelated to tariffs or trade authority. The

India has ushered in a new phase of insurance regulation with Parliament clearing the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, a move that comes at a time when trust between insurers and policyholders is increasingly strained. For millions of Indians, insurance is ultimately judged not by policy documents or premium receipts but by the ease and fairness of claim settlement. Delays, repeated document requests, late-stage exclusions, and opaque rejections have long plag

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such

Pakistan has offered Bangladesh the use of its Karachi port for exporting jute and other goods, marking a significant geopolitical move amid deteriorating India-Bangladesh relations. The offer comes shortly after India banned the import of jute products through land routes, a major blow to Bangladesh’s export sector. The development was formalized during the Pakistan-Bangladesh Joint Economic Commission (JEC) meeting in Dhaka, held after a gap of nearly 20 years, signaling a thaw in relatio

United States President Donald Trump has once again defended his administration’s tariff policies, claiming that the strategy has played a major role in strengthening the U.S. economy and boosting the stock market. Since returning to office for his second term, Trump has emphasized a renewed focus on economic nationalism, arguing that countries trading with the United States must pay tariffs determined by the government to protect American interests. In his latest remarks, Trump a

US President Donald Trump has reignited debate over the influence of the BRICS bloc, claiming that the group represents “an attack on the dollar” and warning that countries joining it could face tariffs from the United States. Trump made the remarks during a bilateral lunch with Argentine President Javier Milei at the White House, reiterating his stance on protecting the dominance of the US dollar in global trade. Speaking to reporters, Trump asserted that the United States woul

Former United States President Donald Trump issued a stark warning on Sunday, August 31, declaring that America would be completely destroyed without the tariffs he imposed during his time in office. His comments came only days after a federal appeals court ruled that the majority of those tariffs were unlawful, sparking yet another political and legal clash over one of the central elements of his economic policy. Writing on TruthSocial, Trump insisted that wit

In response to rising trade tensions, the Prime Minister’s Office (PMO) will convene a high-level meeting on August 26, 2025, to discuss measures for Indian exporters facing the upcoming 50% tariff on goods entering the United States. This tariff increase, which comes into effect starting Wednesday, marks a significant escalation, with the US government doubling existing duties on Indian imports. Sources famil