Global News
After an unexpectedly long stay in space, NASA astronauts Sunita “Suni” Williams and Barry “Butch” Wilmore are finally preparing to return to Earth. Initially launched aboard Boeing’s Starliner capsule on June 5, 2024, their mission was intended to last only eight days. However, technical issues with the spacecraft forced them to extend their stay aboard…
1. High Import Duties India imposes high import taxes on fully built electric vehicles (CBUs). For example, EVs costing above $40,000 face a 100% import duty, making Tesla’s cars twice as expensive. Even for lower-priced EVs, the import duty is 70%, making global EVs unaffordable for most Indians. 2. Lack of Local Manufacturing Unlike Tata…
In a significant move to deepen economic ties, India and Ireland have agreed to set up a Joint Economic Commission (JEC). This strategic initiative aims to enhance trade, investment, and technological collaborations between the two nations. The announcement was made following discussions between India’s External Affairs Minister, S. Jaishankar, and Irish Foreign Minister, Micheál Martin….
Former US President Donald Trump is reportedly eyeing Saudi Arabia’s ambitious $1 trillion investment pledge, marking a significant move as the kingdom pushes its Vision 2030 economic transformation plan. The massive investment initiative is attracting global business tycoons, with Trump showing interest in building closer business ties with the Middle Eastern powerhouse. Saudi Arabia’s Vision…
✅ Top 10 Currencies Compared to USD (1 USD = X Currency) Top 10Mar 13, 2025 09:34 UTC US Dollar 1.00 USD inv. 1.00 USD Euro 0.918937 1.088213 British Pound 0.771964 1.295397 Indian Rupee 86.960189 0.011500 Australian Dollar 1.589861 0.628986 Canadian Dollar 1.437568 0.695619 Singapore Dollar 1.334010 0.749619 Swiss Franc 0.882060 1.133710 Malaysian Ringgit 4.434634…
Former U.S. President Donald Trump has announced that if elected, his administration will impose reciprocal tariffs on India starting April 2, 2025. The decision is aimed at countering what he claims are unfair trade practices by India. Trump stated that India has been imposing high tariffs on American goods for years, especially on products like…
In early 2025, Meta’s CEO, Mark Zuckerberg, made a significant announcement regarding the future of software development. He predicted that by the end of the year, artificial intelligence (AI) would advance to a point where it could perform tasks equivalent to those of mid-level engineers, effectively transforming the role of human programmers. Zuckerberg stated, “We…
Nuclear energy stocks in India fell up to 6% after the US-India nuclear deal announcement. Experts caution that Indian firms may have limited roles in reactor development projects. Indian nuclear energy stocks experienced a sharp decline of up to 6% following the announcement of a major US-India nuclear deal. Prime Minister Narendra Modi and former…
Muscat, February 16, 2025: External Affairs Minister S. Jaishankar met with Bangladesh Foreign Affairs Adviser Md. Touhid Hossain in Muscat, focusing on easing tensions between Delhi and Dhaka regarding minority attacks and former Prime Minister Sheikh Hasina’s stay in India. This high-level meeting took place during the 8th Indian Ocean Conference, where Jaishankar highlighted regional…
Warren Buffett’s Berkshire Hathaway is making waves again with its latest investment updates. The company’s 13F filing for the quarter ending December 31, 2024, dropped on Friday, giving investors a peek into what the Oracle of Omaha has been up to. And as always, the market took notice. The headline-grabber? Berkshire made a fresh bet…