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BBC “There are decades where nothing happens; and there are weeks where decades happen.” So supposedly said the Russian revolutionary leader Vladimir Ilyich Lenin. The diplomatic whirlwind that has surrounded US President Donald Trump this week suggests the old Bolshevik might have been onto something. For the protectionist president, who promises always to put America…
Nissan is preparing plans to shut two car assembly plants in Japan and considering closing two factories in Mexico, as the Japanese automaker restructures, the Yomiuri newspaper reported on Saturday. Nissan said in a statement on its website that recent reports on the potential closure of certain plants were speculative and not based on any…
US President Donald Trump has claimed that India offered to remove all tariffs on American goods, but added that he was in no rush to finalise a trade deal despite the apparent breakthrough. In an interview with Fox News on Friday, Donald Trump said India is a top example of a country with barriers he…
Moody’s no longer has a gold-standard ‘AAA’ sovereign credit rating for the United States. On Friday, Moody’s—one of the three main credit rating agencies—cut the US sovereign credit rating by a notch to ‘AA1’ from ‘AAA’ citing the growing American debt pile. Moody’s becomes the last of the big three rating firms to downgrade the…
The United States Supreme Court has granted an emergency petition from a group of migrants in Texas, barring the use of an 18th-century wartime law to expedite their removals. Friday’s unsigned decision (PDF) is yet another blow to the administration of President Donald Trump, who has sought to use the Alien Enemies Act of 1798…
The private capital expenditure growth in India remained robust in the last five years from FY21 to FY25E, reporting a CAGR of 19.8 per cent, according to a report by HDFC Securities. The report highlighted that private capex growth was strong during this period, but it did not reflect in the credit growth of the…
Snehil Kumar Singh, District Collector of Kozhikode inaugurates SmartShree initiative The Indian Institute of Management Kozhikode’s business incubator, Laboratory for Innovation Venturing and Entrepreneurship (IIMK LIVE), in collaboration with the Kudumbashree Mission has launched SmartShree, an initiative aimed at supporting and scaling 150 micro-enterprise units led by Kudumbashree women entrepreneurs through structured capacity building, intensive…
Mark Savage Music Correspondent Sarah Louise Bennett / Alma Bengtsson / Getty Images Bookmakers have tipped them for success (L-R): Erika Vikman, Kaj, Louane, JJ and Claude The Eurovision Song Contest reaches its grand final on Saturday night in Basel, with 26 countries fighting for the coveted glass microphone trophy. The competition feels less predictable…
Gujarat has provided financial assistance of over Rs 7,864 crore to more than 1.3 lakh MSMEs between 2020–21 and 2024–25 under various state schemes. The support includes capital investment subsidies, interest subsidies, and credit guarantee support, as per official data. The state has the highest number of Zero Effect Zero Defect (ZED) certified MSMEs in…
Puchong, Malaysia – On a recent Sunday morning, about a dozen men with fishing nets skirted the rubbish-strewn banks of the Klang River just outside the Malaysian capital of Kuala Lumpur. Surveying the river, the men cast their nets into the polluted water. The nets billowed open and sunk quickly under the weight of metal…
