US PRESIDENT Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets Thursday (10), but upped the ante on a brutal trade war with superpower rival China. After days of turmoil, stocks on Wall Street and across Asia saw huge surges in reaction to Trump's announcement that…
ASSERTING that an "economic storm" is coming, Congress leader Rahul Gandhi on Wednesday (9) slammed prime minister Narendra Modi over the imposition of tariffs by the US and questioned his silence on the issue. Addressing the AICC session on the banks of the Sabarmati river, Gandhi recalled that when Modi…
INDIA has withdrawn the transshipment facility it extended to Bangladesh for exporting various items to the Middle East, Europe and various other countries except Nepal and Bhutan. The move came days after head of Dhaka's interim government Muhammad Yunus made a controversial statement in China saying India's northeastern states, which…
HEAD COACH Stephen Fleming was relieved to see Chennai Super Kings' top-order producing some runs, but, for him, the failure of his side to cross the line in the fourth consecutive IPL match this season remained a "frustrating" element. CSK batters gave a better account of themselves in pursuit of…
A CONSORTIUM of Indian banks on Wednesday (9) won their court appeal in London to uphold a bankruptcy order against Vijay Mallya in a long-standing legal battle seeking repayment of a judgment debt owed by his now-defunct Kingfisher Airlines. High Court judge Anthony Mann ruled in favour of the banks…
MICROSOFT has fired two of its women employees, Ibtihal Abousaad and Vaniya Agarwal, for interrupting the company's 50th anniversary celebration in Redmond, Washington on Friday (4), over the firm's ties with Israel. In its termination letter, Microsoft told Aboussad she could have raised her concerns confidentially to a manager, but…
A COURT in Madhya Pradesh's Damoh on Tuesday (8) remanded alleged fake cardiologist, Narendra Vikramaditya Yadav - also known as Dr N John Camm, linked to the death of seven patients, to police custody for five days. A day earlier, he was arrested in Prayagraj, Uttar Pradesh. "Chief Judicial Magistrate…
A SOFTWARE engineer was found hanging in his flat at Chikkabanavara in the Bengaluru on Monday (7), police said. Prashant Nair (40), who is suspected to have died by suicide, was working with Lenovo, police said. No suicide note has been found so far. His wife Pooja Nair is also…
A 19-YEAR-OLD woman from Varanasi in Uttar Pradesh was allegedly gang-raped by 23 people over six days. The accused used to drug her and take her to several hotels as they passed her on for abuse, the police said on Monday (7). Many of them even took videos of her…
INDIA's central bank cut interest rates on Wednesday as US president Donald Trump's tariffs kicked in and policymakers warned of "challenging global economic conditions". The cut, the second this year, aims to boost a slowing economy grappling with the impact Trump's sweeping tariffs. The Reserve Bank of India (RBI) said…