The Congress party has criticised the government's new 0.4% charge on UPI transactions above Rs 2,000 for merchants, terming it a "Modi tax". Opposition leaders, including Rahul Gandhi and Mallikarjun Kharge, allege that this move will ultimately burden consumers through price hikes and accuse the government of succumbing to American pressure to dilute India's zero-MDR policy. The government states the charge will support banks and fintechs.
US Central Command (CENTCOM) forces conducted additional strikes against multiple targets in Iran, on Saturday (local time), at the commander in chief, US President Donald Trump's direction.
Hours after ceasefire, US President Donald Trump on Wednesday warned against any country supplying military weapons to the Islamic Republic, stating that he would impose a 50 percent tariff on all goods exported to the United States.
A proposed deal between Iran and Oman could grant Tehran control over vessels entering the Gulf through the Strait of Hormuz, according to a senior Iranian source and two regional officials who spoke to Reuters on Wednesday, in what represents one of the most significant concessions made to Iran to date.
'Trump said the Republicans had 'moved too far toward the extreme right' and that he was capable of capturing more than the 'really staunch-right wacko vote' by reaching middle-of-the-road Americans.'
The US senate last week passed a bill that would allow Washington to impose tariffs on major buyers of Russian energy.
BRICS finance ministers and central bank governors have called for increased representation of emerging-market and developing economies in the IMF and World Bank, while also criticising unilateral tariffs and trade measures, as the expanded bloc aims to bolster financial cooperation amidst global fragmentation.
US President Donald Trump has indefinitely extended the ceasefire with Iran at the request of Pakistan, aiming to allow Tehran's leadership time to form a unified proposal to end the seven-week war.
Iran's Deputy Foreign Minister Kazem Gharibabadi confirmed a peace deal with the United States, stating that Tehran will enter a 60-day negotiation period only after verifying Washington's commitments to ending hostilities, lifting the blockade, and releasing Iranian assets.
The White House has launched a major crackdown on the 'Great Transhipment Scam', accusing India and over 40 other nations of helping Chinese exporters bypass US tariffs by misrepresenting the origin of goods. The US plans to use AI-driven monitoring and anti-transhipment clauses in future trade agreements to strengthen enforcement.
Iran has presented a multi-layered proposal to the US in an attempt to break the deadlock in peace talks, focusing on de-escalation and nuclear programme discussions.
A controversy has erupted over remarks made by Maharashtra MLA Vijay Wadettiwar regarding the shooting incident at an event attended by former US President Donald Trump. The BJP has demanded a condemnation from Congress leader Rahul Gandhi, alleging that Wadettiwar justified the incident and is hoping for a similar attack on Prime Minister Narendra Modi.
La Liga president Javier Tebas has called for FIFA president Gianni Infantino to resign, accusing the global governing body of 'destroying the football industry' through the expansion of international competitions at the expense of domestic leagues and clubs. Tebas also criticised the handling of a US player's ban and the proposed expansion of the men's World Cup.
US Vice President JD Vance has postponed his visit to Switzerland for technical talks with Iranian negotiators, citing logistical issues. These negotiations are crucial for finalising the details of a recently signed peace deal between the US and Iran, which aims to end the conflict in West Asia and includes a 60-day period for technical discussions.
White House Press Secretary Karoline Leavitt noted that progress has been made in the Geneva talks with Iranian authorities, but the two nations stand 'far apart' on certain issues.
President Trump is celebrating the US-India trade deal as a landmark achievement, with a major focus on boosting American coal exports to India and other trade partners.
US President Donald Trump on Friday (local time) announced a three-day ceasefire between Russia and Ukraine, noting that the temporary truce coincides with Russia's Victory Day celebrations commemorating the then-Soviet Union's role in World War II.
Colorado election officials have said the matter needs to be settled by January 5, which is the statutory deadline to set the list of candidates for the GOP primary scheduled for March 5.
Ahead of President Vladimir Putin's visit to India for the BRICS summit, Russia has expressed support for New Delhi's peace initiatives to resolve the Ukraine conflict. Discussions between Putin and PM Modi will cover defence, energy, technology, and the repatriation of Indian nationals from the Russian military, alongside addressing trade and investment ties.
Zoho co-founder Sridhar Vembu argues that predictions of AI's catastrophic outcomes are overstated and a global pause in AI development is improbable. He urges India to adopt an independent AI strategy, focusing on extensive foundational R&D across sectors, while remaining wary of market monopolisation attempts by major tech players. Vembu also highlights concerns about AI's impact on human judgment, skill development, and job markets, particularly for junior professionals.
As Cuba announced that 32 of its citizens were killed during the United States military operation in Venezuela that led to the capture of Venezuelan President Nicolas Maduro and his wife, US President Donald Trump issued a warning, saying he believed the Cuban government was close to collapse.
In a post on Truth Social, Trump outlined key goals of the campaign, including degrading Iran's missile capabilities, dismantling its defence industrial base, eliminating naval and air power, preventing Tehran from acquiring nuclear capability, and protecting United States allies such as Israel, Saudi Arabia and the United Arab Emirates.
Modi's comments on underlining the importance of ensuring the safety of seafarers came against the backdrop of growing anger in India over the killing of the three Indian crew members in a US military attack on a merchant ship off the coast of Oman last week.
The Congress party has criticised the Modi government over a notification regarding UPI transactions, alleging it paves the way for imposing fees, especially on transactions above Rs 2,000. Rahul Gandhi claimed the government is surrendering to American pressure, while Mallikarjun Kharge highlighted the potential burden on common citizens amidst inflation. The government's notification prohibits charges on UPI transactions up to Rs 2,000 but remains silent on higher amounts, sparking fears of a "Digital Payments Tax."
Iran has announced the Strait of Hormuz is open to commercial vessels, coinciding with a ceasefire between Lebanon and Israel.
The official also advised all the trade partners to abide by the trade deals. The new 10 percent global tariff is part of Trump's protectionist trade agenda, aimed at addressing balance-of-payments issues and unfair trade practices.
Pakistan Prime Minister Shehbaz Sharif on Thursday signed the historic peace deal between the United States and Iran as a guarantor; the agreement will see the immediate reopening of the Strait of Hormuz and the lifting of the US naval blockade.
US President Donald Trump and other top officials were evacuated unharmed from the annual dinner of the White House Correspondents' Association after a man armed with multiple weapons fired shots outside the hotel ballroom.
US President Donald Trump's threats against Iran have drawn strong condemnation from Democrat leaders, who are calling for his removal from office, while some Republicans express concern.
Iran's Foreign Ministry spokesperson Esmaeil Baghaei has accused the United States of frequently changing its positions and complicating efforts to reach an understanding, stating that these shifts disrupt diplomatic processes and prolong negotiations. He also linked any potential agreement with the US to an immediate ceasefire in Lebanon, accusing Israel of escalating conflict to derail diplomatic efforts.
Former US president Donald Trump spoke just six times, including when he entered the not guilty plea, before a judge in a Manhattan court during the nearly hour-long hearing at his arraignment, according to court records.
'You can ascribe any ideology to him, and it will be equally right - or equally wrong.' 'Even though the comrades on the Left will never admit it, he seems as much Stalinist as capitalist.'
The Congress party has strongly refuted government claims that its MPs on the Parliament Standing Committee on Finance supported a fee on high-value UPI payments. Congress leaders, including Gaurav Gogoi and Manish Tewari, stated that the "UPI tax" proposal was not specifically discussed by the committee, accusing the Modi government of diverting attention from public backlash and appeasing US companies. The government, however, cited the committee's report which pressed for a tiered Merchant Discount Rate (MDR) framework.
The verdict marks a notable shift from a series of recent wins for Trump at the Supreme Court.
United States President Donald Trump has said Prime Minister Narendra Modi 'knew he was not happy' with India's purchases of Russian oil and that Washington, DC can raise tariffs on New Delhi 'very quickly'.
Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.
He said that the US is financially and from a national security standpoint 'far stronger' and more respected than ever before because of tariffs.
United States President Donald Trump on Friday signalled the US intention of going all out in its campaign against Iran's Islamic regime, warning Iran to watch out for what would happen today and saying that the US was winning the conflict despite what reports claimed.
Thierry Henry, including the UEFA, Belgium and several football figures questioned FIFA's late decision to suspend USA's Folarin Balogun's World Cup ban.
