The Pakistan Super League (PSL) next year is set to clash with the high-profile Indian Super League as the Pakistan Cricket Board (PCB) is mulling to hold the event in the same window as the IPL.
The United States action of levying 25 per cent additional tariff on Indian goods is 'unfair, unjustified and unreasonable', India said on Wednesday in a firm reaction, signalling increasing tensions between the two strategic partners over New Delhi's energy ties with Moscow.
Pakistan's Ministry of Economic Affairs X account was hacked and a fake appeal was posted, calling for more international loans to help defuse tensions with India following the Pahalgam terror attack. The post urged the international community to help de-escalate the situation and requested more loans to address "heavy losses" caused by the tensions. The hacking incident occurred during a crucial meeting of the IMF executive board to decide on the next installment of a USD 7 billion loan for Pakistan.
Trump on Friday said he would pay out of his pockets the overtime for astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams, who returned to Earth this week after spending nine months in space.
India's purchase of Russian oil has risen to 2 million barrels per day in August, as refiners continue to prioritise economic considerations in their sourcing decisions. As much as 38 per cent out of an estimated 5.2 million barrels per day of crude oil imported in the first half of August came from Russia, according to global real-time data and analytics provider Kpler.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
Arjun prevailed over Abdusattorov 1.5-0.5 while Praggnanandhaa lost an intense battle 3-4 against Caruana.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
The 25 per cent US tariffs, plus a penalty for Russian imports, could dent India's GDP growth by 30 basis points in the current fiscal, but the higher duty is unlikely to significantly affect India's domestic demand-driven economy, Barclays said on Thursday. If the 25 per cent tariff, announced by US President Donald Trump on Wednesday, is implemented from August 1, the effective average US import tariff on Indian goods will rise to 20.6 per cent in trade-weighted terms, as per Barclays estimates.
Trump made these remarks after Elon Musk-led DOGE's (Department of Government Efficiency) disclosed that USAID contributed USD 21 million to Election Commission for boosting voter turnout.
India has become the world's fourth largest economy, overtaking Japan, according to NITI Aayog CEO B V R Subrahmanyam. He cited IMF data, stating that India's economy is now larger than Japan's, with a USD 4 trillion GDP. Subrahmanyam also highlighted the favorable geopolitical and economic environment for India, predicting that within 2.5-3 years, India will become the third largest economy.
Grand Chess tour: Magnus wins Super United Rapid and blitz with a round to spare
The department of homeland security withdrew Harvard certification under the Student and Exchange Visitor Programme, effectively barring the university from admitting new foreign students and threatened the legal status of current international enrollees.
State Department Spokesperson Tammy Bruce Sunday said, "President Trump stated clearly that the United States is no longer going to blindly dole out money with no return for the American people. Reviewing and realigning foreign assistance on behalf of hardworking taxpayers is not just the right thing to do, it is a moral imperative."
"Intermittent pauses in hostilities are not enough to address the scale of humanitarian challenges confronting the people, who grapple daily with acute shortages of food and fuel, inadequate medical services and lack of access to education," Harish said at the open debate on the 'Situation in the Middle East, including the Palestinian question'.
India's decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts is a procedural move under the WTO agreement on safeguards and it will not affect ongoing negotiations on the proposed trade pact between the two countries, an official said. India on Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on imports of the country's auto parts in the name of safeguard measures.
Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, has been arrested in the US based on extradition requests from the Enforcement Directorate and the CBI.
The latest annual report of the finance ministry has disclosed that the agency funded seven projects worth USD 750 million in 2023-24.
India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.
Trump has made it clear to Prime Minister Modi that India will not be spared from Washington's reciprocal tariffs and emphasised that "nobody can argue with me" on tariff structure.
MF Husain's Untitled (Gram Yatra), a 13-panel masterpiece from the 1950s, has been sold at a Christie's auction in New York for USD 13.8 million, setting a new record for the most expensive work of modern Indian art. The sale nearly doubles the previous record held by Amrita Sher-Gil's "The Story Teller." "Gram Yatra," meaning "village pilgrimage," is considered a cornerstone of Husain's oeuvre, celebrating the diversity of independent India. The painting was acquired by a doctor in Delhi in 1954 and later bequeathed to Oslo University Hospital. The proceeds of the sale will support the training of future doctors at the institution.
Drawing comparisons with other professional sports, Moses said track and field athletes have missed out on the financial boom due to the lack of a players' union.
China has announced a 7.2 percent increase in its national defence budget, bringing the total to USD 249 billion for the year. This rise comes amidst China's ongoing efforts to modernize its armed forces, including the development of new warships and fighter jets. The budget increase, exceeding last year's 7.2 percent rise, reflects China's commitment to bolstering its military capabilities. Chinese Premier Li Qiang emphasized the importance of the Communist Party's leadership in guiding the military, with President Xi Jinping at the helm of the Central Military Commission. China's defence spending is now three times that of India's and is viewed by critics as a sign of the country's growing military ambitions.
BCCI could earn USD 1.15 billion in revenue share from the ICC during the next five-year cycle.
Amid the ongoing global tariff war, Commerce and Industry Minister Piyush Goyal on Wednesday asked exporters not to panic and assured them that India is working on the "right mix and right balance" in its proposed trade agreement with the US.
Soros, a Hungarian-American political activist, and his organisations like OSF have been accused by the ruling BJP of acting against India's interests. His utterances during the Adani-Hindenburg controversy also drew criticism from the party.
PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregatorross Borderxports (PA-CB-E). This marks a key milestone in PayPal's operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.
The 2025 final will be played between Australia and South Africa at Lord's from June 11.
Trump further pointed out India's strong economic position and high tariffs on US goods, stating, "They got a lot of money. They're one of the highest taxing countries in the world in terms of us. We can hardly get in there because their tariffs are so high."
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.
'There was no financing or even promise of finance involved in MoU, forget X or Y amount'
If completed, this deal would place OpenAI among the most valuable private companies globally, alongside Musk's SpaceX and ByteDance, the parent company of TikTok, according to The New York Times.
In a little-known episode from the Emergency era, former prime minister Indira Gandhi quietly donated a significant sum of Rs 90,000 for treatment of her fiercest critic, Jayaprakash Narayan, the leader of the nationwide anti-Emergency movement.
A 36-year-old Indian-origin man, Bhaveshkumar Dahyabhai Shukla, has been charged with sexually assaulting a fellow passenger on a flight from Montana to Texas. Shukla faces two years of imprisonment, a USD 250,000 fine, and at least five years of supervised release if convicted.
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Indian refiners are likely to import 2-2.2 million barrels per day of Russian crude oil in June - the highest in the last two years and more than the total volumes bought from Iraq, Saudi Arabia, the UAE and Kuwait, preliminary data by global trade analytics firm Kpler showed.
India will oppose the World Bank funding to Pakistan next month, arguing that Islamabad has used such funds in the past to procure arms and ammunitions. India previously lobbied against the IMF extending a USD 2.3 billion assistance to Pakistan earlier this month, presenting evidence of Pakistan's misuse of funds for military purposes. India feels that Pakistan has failed to act on terror emanating from its territory and has been diverting funds from multilateral agencies to buy arms and ammunition.
The Trump administration has threatened to freeze more than $2.2 billion in grants and contracts if the university refused to submit to demands, including it eliminate diversity, equity and inclusion programs, ban masks at campus protests, enact merit-based hiring and admissions reforms, and reduce the power of faculty and administrators the White House has said are "more committed to activism than scholarship."
Krish Lal Isserdasani is an engineering student at the University of Wisconsin-Madison, the Milwaukee Journal Sentinel reported.
P V Sindhu overcame long-time rival Nozomi Okuhara of Japan to advance to the Round of 16.
