Meloni’s Charm Offensive: Trump and EU Tariffs on the Table Introduction: A Meeting of Right-Wing Allies In a significant political development, Giorgia Meloni, the Italian Prime Minister, is set to engage in conversations with Donald Trump, the former President of the United States, as both leaders share a common vision rooted in right-wing ideologies. This […]
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RBI cuts policy rate 25 bps to 6%. Mumbai: The Reserve Bank of India (RBI) on Wednesday cut the key policy interest rate by 25 basis points, reducing the repo rate from 6.25 per cent to 6 per cent. This marks the second consecutive rate cut, aimed at supporting the slowing economy amid rising global
Donald Trump Increases China Tariffs to 104%, Effective Today. President Trump issued an ultimatum to China, demanding that it revoke the 34% retaliatory tariff on American products within 24 hours. If China failed to comply, the U.S. would respond by slapping a steep 104% tariff on Chinese imports. The move was framed as a strong
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Telangana Finance Minister unveils ₹3.04L Cr budget. The Telangana government has unveiled a significant budgetary allocation for the Indiramma housing scheme, earmarking ₹22,500 crores to support housing development across the state. This ambitious initiative aims to construct 4.50 lakh houses, ensuring adequate shelter for economically weaker sections. To ensure equitable distribution, the scheme has been
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Ola Electric’s showroom expansion faces regulatory hurdles. Since 2022, Bengaluru-based Ola Electric has rapidly expanded its physical presence, establishing approximately 4,000 brick-and-mortar showrooms across India. This aggressive expansion strategy is aimed at enhancing customer accessibility and strengthening its position in the country’s growing electric vehicle market. Despite its swift growth, the company is now facing
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Karnataka Budget 2025: Priests’ pay, movie tickets, ‘Brand Bengaluru’ Karnataka Chief Minister Siddaramaiah unveiled the Karnataka Budget 2025, allocating ₹7,000 crore for Bengaluru’s development. As part of this, ₹1,800 crore has been set aside for 21 projects under the Brand Bengaluru initiative, aimed at enhancing infrastructure, traffic management, and urban amenities. The budget focuses on
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India protecting exports amid US tariff threat Nirmala Sitharaman has acknowledged the potential impacts of US tariffs on India, emphasizing the need for strategic measures to safeguard the country’s exports. She highlighted concerns over trade restrictions and their possible consequences on Indian industries. Meanwhile, Commerce and Industry Minister Piyush Goyal is actively engaging in discussions
Saudi Arabia discovered oil 87 years ago today. Eighty-seven years ago, Saudi Arabia struck oil, a discovery that would transform the nation’s destiny. The first commercial oil well, Dammam No. 7, was struck in 1938, marking the beginning of the country’s rise as a global energy powerhouse. The newfound wealth from oil exports revolutionized Saudi
Tuhin Pandey Revenue Secretary named SEBI chief Revenue Secretary Tuhin Pandey Appointed SEBI Chief, Replacing Madhabi Puri Buch New Delhi: Revenue Secretary Tuhin Kanta Pandey has been appointed as the new chairperson of the Securities and Exchange Board of India (SEBI). He will take over from Madhabi Puri Buch, whose three-year tenure as SEBI chief
MrBeast rents pyramids; plans remain unclear. YouTube sensation MrBeast has once again captivated the internet with a bold new project, this time involving the ancient Pyramids of Egypt. Describing the series as something “never seen before,” MrBeast promised an exciting blend of intense competition and unexpected twists, a hallmark of his wildly popular videos. While
