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‘Aggressive US pressure can force…’: GTRI warns India against one-sided trade deal; says don’t fall into same trap’ as Indonesia

GTRI emphasised that the US-Indonesia agreement should serve as a cautionary example for India. (AI image) India-US trade deal: America’s trade agreement with Indonesia is ‘one-sided’ and India should look to avoid falling into the same trap, the Global Trade Research Initiative (GTRI) has warned. Even as the two countries continue discussions amid US President…

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UAE: No visa renewal for Dubai residents without paying traffic fines, what expats need to know | World News

Dubai’s new system requires residents to settle all unpaid traffic fines, either fully or via instalments, before completing visa renewals/ Image: Dubai Media Office TL;DR Dubai residents must clear all traffic fines before renewing or issuing residency visas, under a new pilot system by GDRFA. The system is designed to encourage rule-following, not punish, payment…

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Nikkei leads Asian gains: Japan-US trade deal sparks optimism; tariff ease boosts investor sentiment

Representative image (TOI) Asian markets surged on Wednesday, led by the rally in Japanese shares, after US President Donald Trump announced a trade deal with Japan that eased tariffs and boosted investor sentiments.Japan’s Nikkei surged 2.6% on Wednesday, driven by a rally in automaker stocks after news that the auto tariff would be cut to…

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Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery in India. Oil companies and vessel operators are distancing themselves from India’s Nayara Energy Ltd., following the European Union’s recent sanctions that specifically targeted the…

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New rules in Saudi Arabia aim to elevate fine dining experience | World News

Saudi Arabia introduces fine dining regulations that prioritise elegance, service, and exclusivity under Vision 2030/Representative Image TL;DR: Saudi Arabia launches new rules for fine dining restaurants under Vision 2030. Regulations focus on service quality, dress codes, ambience, and hospitality standards. Only one branch per restaurant chain is allowed per city under the fine dining category…

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‘Unsustainable levels…’: Pakistan economy drowning in debt with record $26.7 billion in loans last year; dependency on creditors deepens

Due to Pakistan’s poor credit rating at junk level, the nation remains excluded from global capital markets. (AI image) Pakistan’s economy is deeply troubled, and its drowning in debt – its dependency on external support increasing every year. Pakistan got a record $26.7 billion in foreign loans in the previous fiscal year – a fact…

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UAE flags 32,000 visa violations in just six months: ICP crackdown intensifies | World News

UAE officials from the Federal Authority for Identity, Citizenship, Customs and Port Security conducting inspections across various emirates in early 2025/Representative Image TL;DR: The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) confirmed more than 32,000 visa violators detected across the UAE during January–June 2025. 252 inspection campaigns in February alone resulted in…

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‘If taxes are being imposed…’: Bengaluru street vendors want GST relaxation; notices received after UPI transactions crossed Rs 40 lakh

The issue came to light after it was reported that vendors in Bengaluru are increasingly declining UPI as a payment mode, asking customers to pay in cash instead. (AI image) Bengaluru GST row: Small scale traders and merchants in Karnataka have expressed grave apprehension following the receipt of GST notifications from the commercial tax authorities…

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Why is more known about Coldplay ‘kiss-cam couple’ than Trump shooter? US President responds – Watch

US President Donald Trump on Tuesday addressed the investigation progress into last year’s assassination attempt in Butler, Pennsylvania, after a reporter questioned the lack of public information about the shooter. The reporter drew a parallel to the recent Coldplay concert kiss-cam controversy, noting that within hours, the identities and details of a CEO and HR…

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