World News

Pentagon says Iran war cost $25 bn so far amid heated Congress hearing

Democratic lawmakers cast the conflict as a costly war of choice that President Donald Trump blundered into without a clear plan

Dubai removes real estate investment limit for two-year investor visa

Experts laud timing of Dubai's move to ease investor visa norms, which could revive interest among Indian buyers amid recent geopolitical uncertainty

Elon Musk testifies at trial that OpenAI's nonprofit status gave it 'halo'

OpenAI has said it created a for-profit entity to allow it to buy computing power and pay top scientists

US Fed keeps interest rates steady; three dissents against 'easing bias'

A fourth dissent at the meeting came in favor of a quarter-percentage-point rate cut

Araghchi dials Jaishankar, discusses energy security, West Asia tensions

India and Iran discussed energy security concerns, Strait of Hormuz disruptions, and preparations for the upcoming BRICS foreign ministers' meeting

Trump rejects Iran's Hormuz offer, to keep blockade until deal is reached

Trump said he had rejected a recent proposal from Iran to reopen the strait but that would have delayed talks on the nuclear issue until later

Behind the AI boom, a boring business is soaring with better ads

The emerging AI systems are helping companies automate their marketing. Small and large companies alike can now create ads, target audiences, bid for space and measure results

Russian FM Lavrov to visit India next week for BRICS meet, hold talks

During his visit on May 14-15, Lavrov will also hold a bilateral meeting with External Affairs Minister S Jaishankar, Russian Foreign Ministry spokeswoman Maria Zakharova said during a briefing

European stocks fall as traders wait for tech earnings, Fed meeting

Analysts said the United Arab Emirates' decision to quit OPEC was unlikely to have a major near-term impact on prices, though ​it would weaken the oil producers' group

Better get smart soon: Trump warns Iran on nuclear deal amid stalled talks

The President's remarks come at a time of heightened regional tension and a continued diplomatic stalemate

UAE leaves Opec: History of the bloc and what Abu Dhabi's exit means

The UAE's move, which comes into effect from May 1, could have serious consequences on the global energy markets

Hormuz must not be used as 'bargaining chip': Qatar amid stalled talks

The spokesperson's remarks come at a critical juncture as efforts to bridge the gap between the US and Iran continue to stall

Federal Reserve expected to hold rates at Powell's likely last meeting

The Fed is widely expected to keep its key rate unchanged Wednesday for a third straight meeting at 3.6 per cent

Asian stocks advance, oil prices decline after UAE's exit from Opec

South Korea's Kospi rose 0.3 per cent to 6,657.40 and the Hang Seng in Hong Kong gained 1.4 per cent to 26,029.02

Funds to pay TSA, Homeland Security workers will soon run out: White House

The Office of Management and Budget said money that President Trump tapped to pay Transportation Security Administration and other workers through executive actions will be exhausted by May

Trump claims King Charles aligns with US against Iran's nuclear ambitions

Trump claimed that the US remains resolute in its mission to prevent Tehran from achieving atomic capabilities, suggesting the King shared this conviction

Iran proposes 3-stage plan to reopen Hormuz in exchange for US blockade end

The strategic overture seeks to dismantle the current geopolitical stalemate and revitalise stalled negotiations

Iran facing $170 mn daily loss as oil exports hit due to blockade: Bessent

Detailing the broader economic strategy, Bessent noted that the Treasury Department is intensifying financial restrictions through "Operation Fury"

Samsung dynasty's wealth doubles to $45 bn in just one year amid AI boom

An AI-driven upswing in semiconductor valuations has helped the family cement its grip and grow richer than ever

US State Department to issue special passports featuring Trump's image

The redesigned passports will carry Trump's portrait overlaid on the Declaration of Independence on the inside cover, along with his signature in gold at the bottom