With the US economy shrinking unexpectedly during the first quarter of 2025, anticipations that the Fed will gradually introduce rate cuts are high.Federal reserve policymakers, however, are unlikely to read too much into the first-quarter GDP decline, though traders believe clearer signs of economic weakness by June could prompt the central bank to start cutting…
Jared Isaacman, Trump’s pick for Nasa administrator The Senate Commerce Committee cast votes on Wednesday to progress President Donald Trump’s nominations for Nasa leadership and a Federal Communications Commission commissioner position.The proposed Nasa administrator, Jared Isaacman, serves as the chief executive of Shift4 Payments (FOUR.N), opens a new tab. He has collaborated with Elon Musk…
Every city tells its story through its architectural marvels, much like Charminar does for Hyderabad and Howrah Bridge does for Kolkata. Andhra Pradesh’s capital, Amaravati, will soon be joining the list with its inverted lily-shaped assembly building standing tall in the heart of the city.Amaravati, also referred to as Praja Rajdhani or the “people’s capital”…
US President Donald Trump with CNN conservative commentator Scott Jennings United States President Donald Trump on Tuesday, during his 100-day rally, called CNN conservative commentator Scott Jennings to the stage, where he delivered a pointed critique of Democrats.Trump praised Jennings’ defence of him on CNN, noting, “He defends me all the time on CNN, and…
The Central Board of Direct Taxes (CBDT) has officially notified the income tax return (ITR) forms 1 and 4 for the financial year 2024–25. These forms shall be used for reporting incomes earned between 1 April 2024 and 31 March 2025, that is for the assessment year 2025–26.The government is expected to release the other…
Harshavardhana Kikkeri was a celebrated techie who once met Prime Minister Narendra Modi at a Digital India summit. The younger son of Indian techie Harshavardhana S Kikkeri was not at home when he reportedly shot and killed his wife and his elder son and then shot himself in a tragedy that took place in Seattle’s…
US GDP contracts: The economic news triggered a negative response in US stock markets US GDP contracts: The American economy saw an unexpected contraction during the first quarter of 2025, primarily attributed to increased imports as businesses and individuals built up inventories before US President Donald Trump‘s comprehensive tariffs took effect.According to figures released by…
There’s a maxim that goes: Once you go woke, you go broke. The opposite is also true — go unwoke, go unbroke. And while the main story of the last Canadian election was that the Liberals managed to win after dropping Justin Trudeau like a stale waffle, the tangent that matters most for New Delhi…
US markets opened in the red Tuesday morning, reacting to fresh economic data that showed the economy unexpectedly contracted in the first quarter of 2025. Investor sentiment soured sharply, sending major indexes tumbling.By 9:51 AM ET, Dow Jones Industrial Average sank 661.52 points (-1.63 per cent) to 39,866.1, and the Nasdaq Composite dropped 440.63 points…
Amal Clooney may get sanctioned by Trump administration because of her influence over the ICC to charge Netanyahu with war crime. British lawyer Amal Clooney could get barred from the US where she lives with her husband George Clooney because of her role in influencing the International Criminal Court to charge Israeli Prime Minister Benjamin…
