Sensex Tanks 1,300 Points, Nifty Ends Below 24,600: Market Highlights
Indian equity markets reversed gains on Tuesday, May 13, 2025, as benchmark indices fell sharply. While the Sensex and Nifty declined over 1%, broader indices like smallcaps and midcaps ended in the green. Key Market Movements The Nifty 50 dropped…
Tariffs Threaten US-Owned Toy Factory in China as Orders Collapse
A US-owned toy factory in China is on the brink of closure after President Donald Trump’s recent 145% tariff on Chinese imports came into effect, disrupting global supply chains and jeopardizing American-linked operations overseas. Huntar Company Inc., an Illinois-based toy…
Germany’s Economic Revitalization Plan: Risk, Speed, and Strategic Investments
As the German economy faces challenges from stagnation and global competition, Katherina Reiche, the newly appointed Minister for Economic Affairs and Energy, has outlined a clear vision for recovery. Speaking at the Ludwig Erhard Summit in Bavaria, Reiche emphasized that…
X Blocks 8,000 Accounts in India Under Government Orders
In a recent move that has stirred considerable attention, X (formerly known as Twitter) announced on May 8, 2025, that it had blocked over 8,000 accounts in India following executive orders from the Indian government. The action came as a…
Zelenskyy Proposes Land Swap to End War, Offers to Return Kursk
Ukrainian President Volodymyr Zelenskyy has proposed a land exchange with Russia to end the ongoing conflict, contingent on U.S. President Donald Trump facilitating negotiations between the two countries. In an interview with The Guardian published on Tuesday, Zelenskyy suggested that…
Jaishankar Highlights Trust and Transparency in the Digital Era at India-France CEO Forum
External Affairs Minister S. Jaishankar emphasized the importance of trust and transparency in the digital age during his address at the 14th India-France CEO Forum, held on the sidelines of the AI Action Summit in Paris on Tuesday. Speaking to…
Vance Rejects Stricter AI Regulations, Stresses U.S. Leadership
Vice President JD Vance delivered a strong message at an international AI summit in Paris on Tuesday, warning European allies against imposing stringent regulations on artificial intelligence (AI) that could hinder U.S. ambitions to remain the global leader in the…
Ashok Leyland Exceeds Profit Expectations with Strong Export Growth
India’s Ashok Leyland (ASOK.NS) reported a stronger-than-expected third-quarter profit on Wednesday, driven by a significant rise in exports that offset weak domestic demand for its trucks and buses. Shares of the Hinduja Group flagship company surged by 4.4% following the…
Three American Products Likely to See Price Hikes Due to New Metal Tariffs
A 25% tariff on steel and aluminum imports into the United States is set to take effect next month, impacting major trade partners like Canada, Mexico, Brazil, and the European Union. The expanded tariff measures, announced by President Donald Trump,…
Budget 2025: Tarun Wig, Co-founder & CEO of Innefu Labs, Calls for Investment in AI, Cybersecurity & Indigenous Tech
As India prepares for Union Budget 2025, Tarun Wig, Co-founder & CEO of Innefu Labs, highlights the urgent need for greater government investment in indigenous technology development, particularly in artificial intelligence (AI), cybersecurity, and data analytics. A strong emphasis on…