India-UK trade deal: Modi to visit London for FTA signing on July 24, Piyush Goyal to accompany him
Prime Minister Narendra Modi will travel to London on July 24 for the signing of…
Trump’s AI action plan: US president signs executive orders; seeks to make America leader in artificial intelligence race
US President Donald Trump on Wednesday signed three sweeping executive orders aimed at reshaping America’s artificial intelligence landscape, most notably taking direct aim at what the White House described as “woke” AI models. The orders are part of Trump’s broader campaign against diversity initiatives and come as he pledges to make the US an “AI…
Impact of trade war & tariffs: ADB cuts India’s FY26 outlook; GDP growth forecast cut to 6.5%
Representative image (ANI) The Asian Development Bank (ADB) on Wednesday lowered its forecast for India’s GDP growth for FY26 from 6.7 percent to 6.5 percent, citing uncertainty in global trade and the effect of higher US tariffs on Indian exports and investment flows“This revision is primarily due to the impact of US baseline tariffs and…
H-1B wage levels: What will change in the new US immigration rules that will end visa lottery?
The proposed H-1B rule will be bad news for international graduates and senior American employees. The US administration is planning to bring in a new H-1B rule which will give weightage to wage level instead of the random lottery that takes place now when H-1B registration exceed the annual limit of 65,000 plus the additional…
ED alleges Rs 1,654 crore FDI breach at Flipkart-owned Myntra
BENGALURU: The Enforcement Directorate on Wednesday said it has filed a complaint under Foreign Exchange Management Act (FEMA) against Myntra Designs (Myntra), a unit of Flipkart, and its related companies and their directors for receiving overseas investments of over Rs 1,654 crore in violation of foreign direct investment (FDI) rules on retail.The agency accused Myntra…
WSJ claims Trump was told in May that his name was in Epstein Files multiple times, White House says ‘fake news’
Wall Street Journal reported that Trump was told in May that his name appeared several times on Epstein files. In a bombshell claim, the Wall Street Journal reported that Attorney General Pam Bondi told President Donald Trump in May that his name appeared multiple times in Epstein documents. The president was also told at the…
Syngene Q1 profit up 59% to Rs 87 crore
BENGALURU: Syngene International, a subsidairy of Biocon, reported a 59 per cent year-on-year increase in profit after tax to Rs 87 crore in the first quarter ended June 2025, aided by revenue growth and a tax benefit from the transfer of gratuity funds to an employee trust. Revenue from operations rose 11 per cent to…
Trump can fire Democrat CPSC members: SCOTUS backs US president; overturns lower court order
In a 6–3 ruling on Wednesday, the US supreme court sided with president Donald Trump in a case concerning the removal of three Democratic members from the consumer product safety commission (CPSC). The ruling allows Trump to go ahead with the dismissals, overturning earlier decisions from a federal judge and an appeals court that had…
‘Always, zero tariffs to…’: Donald Trump says US willing to lower tariff rates for major countries – this condition needs to be fulfilled
Trump said that the US will always focus on having zero tariffs on its products. (AI image) US President Donald Trump on Wednesday said that he is willing to lower tariff rates for countries that will open their markets to America. Trump’s comments come at a time when countries are fast-tracking trade deal negotiations with…
Epstein files: Ghislaine Maxwell called to testify before US Congress; subpoena issued for August 11
Epstein and Maxwell (File photo-Agencies) Ghislaine Maxwell, convicted in 2021 for helping Jeffrey Epstein abuse underage girls, has been called to testify before the US Congress next month. The house oversight committee has issued a subpoena asking her to sit for a deposition on 11 August at the Tallahassee prison where she is serving a…
Good Glamm breaks up as lenders initiate brand-wise asset sale
BENGALURU: Good Glamm Group’s managing director and CEO Darpan Sanghvi has confirmed that the company will no longer operate as a single consumer goods entity, with lenders now enforcing their charge over individual brands in the portfolio.In a LinkedIn post, Sanghvi said the group structure will be dismantled and assets sold separately, following failed attempts…