In a move that has stirred significant concern among global policymakers, US President Donald Trump took aim at India’s high tariffs on American goods during a recent press conference. Speaking on the matter, Trump expressed frustration over the tariffs imposed on US agricultural products, specifically highlighting the fact that India has a 100% tariff on American agricultural goods. This, according to the President, makes it “virtually impossible” for American products to b

As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

United States – The U.S. government announced Monday it will initiate a sweeping review of $9 billion in federal funding to Harvard University over allegations of anti-Semitism and campus unrest linked to pro-Palestinian protests. This move marks the latest escalation by President Donald Trump’s administration in its campaign against elite academic institutions that have seen intense student demonstrations related to the Israel-Gaza conflict. The General Services Administration co

Renowned American restaurant chain Hooters of America has filed for bankruptcy protection in Texas as part of a major restructuring effort aimed at addressing its mounting debt of $US376 million (approximately $601 million AUD). The company announced that it will transfer ownership of its company-operated restaurant locations to a group backed by the original founders of the brand, with the aim of strengthening its financial future. Despite the bankruptcy filing, Hooters has confirmed that it

Washington: As anticipation builds over US President Donald Trump's so-called "Liberation Day" tariff announcement, the White House has confirmed there will be no exemptions in the new wave of reciprocal tariffs. Speaking at a press briefing on Monday, White House spokesperson Karoline Leavitt made it clear that these tariffs are aimed at putting an end to what the administration calls decades of "unfair trade practices" against American exporters. President Trump has

A distressing incident near Madgaon railway station in Goa has triggered a wave of concern among travelers, after a tourist shared an account of being physically assaulted and verbally abused by two local men. The man, who detailed his experience in a viral Reddit post titled “Got physically abused in Goa, will probably never come back,” said the encounter has left him deeply disturbed and unwilling to revisit the popular tourist destination. According to the tourist, who

Bank of America has issued essential guidelines for customers to help them avoid their accounts being labeled as abandoned property. Accounts that show signs of inactivity for extended periods, often more than three years, are at risk of being classified as abandoned and subsequently turned over to the state. This process is called escheatment, and it can result in the loss of access to your funds if not managed properly. However, the bank provides several proactive steps for customers to kee

In India, banking services are designed to offer convenience—but they often come at a price. From ATM withdrawals to fund transfers and cheque issuance, nearly every service comes with associated costs. While some fees are minimal, others can add up over time, impacting your personal or business finances. Whether you're managing a savings account or operating a business with a current account, understanding standard banking charges is essential for smarter financial planning. Bank f

 A powerful 7.7-magnitude earthquake struck central Myanmar at 12:50 pm local time on Friday, unleashing chaos and destruction across the region. The epicentre of the quake was located 16 km northwest of the city of Sagaing and at a shallow depth of 10 km, according to the United States Geological Survey (USGS). The region was rocked again shortly afterward by a significant aftershock measuring 6.8 on the Richter scale. Local media reports confirm at least 20 deaths in Myanmar so far, wi

Imagine racing to make an urgent fund transfer on March 31, only to find that your bank is open, but critical transactions aren’t going through. That could be a reality for many this year, as March 31, 2025, marks the last day of the financial year—and it comes with banking limitations that could impact individuals and businesses alike. While banks across India will remain operational on March 31, customers should be aware that many essential financial services may not function as

Uttar Pradesh Chief Minister Yogi Adityanath, in a recent episode of the ANI podcast, made strong remarks regarding communal harmony in the state under his government. Asserting that Muslims are the safest community in Uttar Pradesh, Adityanath credited the Bharatiya Janata Party’s governance since 2017 for the absence of communal riots in the state. His comments have sparked widespread discussions over the state of inter-religious trust, safety of minorities, and the broader implicatio

Bangladesh is currently facing heightened political uncertainty as sources indicate a potential military takeover may be underway. Reports suggest the Bangladesh army, led by General Waker-Uz-Zaman, held an emergency meeting on Monday to discuss significant developments that could unfold in the coming days. The meeting was attended by top-ranking army officers, including five Lieutenant Generals, eight Major Generals (GOCs), and key officials from independent brigades and the army headquarter

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

Heathrow Airport in London, one of the busiest airports in the world, has been closed till midnight following a massive power outage caused by a fire at an electrical substation in the western part of the city. The power failure has left over 16,000 homes without electricity, causing significant disruption for residents and travelers alike. The fire broke out at the North Hyde substation located in Hayes in London’s Hillingdon borough. Emergency services, including 10 fire engines and a

A significant diplomatic breakthrough emerged as US President Donald Trump and Ukrainian President Volodymyr Zelenskyy engaged in a pivotal one-hour phone call, resulting in a limited ceasefire agreement between Russia and Ukraine. The ceasefire, while partial, marks a crucial step toward a more comprehensive peace settlement in the ongoing conflict. White House Press Secretary Karoline Leavitt confirmed the development on Thursday, expressing optimism that a "lasting ceasefire" was

US President Donald Trump has announced that his administration will impose reciprocal tariffs on Indian goods starting April 2, a move that has reignited tensions between the two countries over trade policies. Speaking to Breitbart News, Trump expressed frustration with what he described as India's excessively high tariffs on American products. During the interview, President Trump emphasized that while he maintains a "very good relationship" with In

Nestled along Karnataka’s coastline, Mulki is emerging as India's newest surfing hotspot. Just 30 km from Mangalore, this quiet fishing village offers golden beaches, rolling waves, and a laid-back vibe that’s worlds apart from the bustling shores of Goa or Kerala. If you're seeking unspoiled beaches and an authentic coastal experience, Mulki is the ideal getaway.   Mulki's Thriving Surf Scene Mulki is home to Mantra S

Tulsi Gabbard, the US Director of National Intelligence (DNI), emphasized the growing strength of US-India relations during her visit to New Delhi. In an exclusive interview with NDTV, Gabbard highlighted the close ties between Prime Minister Narendra Modi and President Donald Trump, underscoring their shared commitment to defeating Islamic terrorism and ensuring global security. “The ties between the US and India go very far back,” Gabbard stated. “In Trump's second ter

In a major immigration reform move, US President Donald Trump has proposed a new visa scheme that offers a 'gold card' residency permit to foreigners willing to invest $5 million in the United States. This initiative aims to attract “brilliant, hardworking, job-creating people” while generating significant government revenue to balance the federal budget. Described as “like the green car

US President Donald Trump recently clarified his previous statements about resolving the ongoing Russia-Ukraine conflict, admitting that his bold claim of solving the crisis within 24 hours was intended sarcastically. During an interview on the "Full Measure" television program, Trump addressed his earlier remarks made on the campaign trail. While campaigning, Trump had promised to end the war before even taking office, confidently stating, "They're dying, Russians and Ukra