World News

Europe funding war via Russian oil routed through India: US Treasury chief

Trump has worked to negotiate a settlement on the Russia-Ukraine conflict, Bessent said, adding that the US has made much bigger sacrifices than the Europeans

India, EU conclude long-awaited FTA talks; deal may kick in early 2027

Government officials said the legal scrubbing of the text is currently under way, with an aim to complete the process and sign the pact in the next five to six months

Trump sends 'border czar' Tom Homan to Minnesota after fatal ICE shooting

Trump designated Tom Homan as his administration's "border czar" in November 2024 to oversee immigration enforcement and mass deportation efforts from 2025 to 2029

India, EU to announce historic FTA and defence partnership on Tuesday

The EU and India had first launched negotiations for the free trade agreement in 2007, before the talks were suspended in 2013 due to a gap in ambition

A successful India makes world more stable: EU chief Ursula von der Leyen

At the parade, India displayed its military might that included elite marching contingents, missiles and indigenous weapon systems

India, Russia likely to achieve $100 billion trade target by 2030: Envoy

According to reports, in FY 202425, India-Russia bilateral trade reached a record high of approximately $68.7 billion due to massive import of Russian crude

EU launches probe into X over Grok AI's sexualised content, says lawmaker

A Commission spokesperson did not immediately respond when asked to confirm if an investigation had been opened

EU leaders' presence at R-Day reflects strength of India-EU ties: PM Modi

The prime minister said the visit of the EU leaders will add momentum to the deepening engagement and cooperation between India and Europe across diverse sectors

Egypt plans curbs on children's social media use to tackle 'digital chaos'

The move triggered fraught debates about technology use, privacy, child safety and mental health and has prompted other countries to consider similar measures

ArcelorMittal shuts Ukraine unit as EU green rules, war hit costs

Russia has sharply increased the intensity and scale of its attacks on Ukraine's energy sector, causing blackouts across entire regions and constant restrictions on electricity supplies to industry

US-India share historic bond: Trump extends wishes on 77th Republic Day

Earlier on Monday, US Ambassador to India Sergio Gor on Monday extended greetings on the 77th Republic Day celebrations of India

Asia faces $621 bn tariff risk as US expands national security trade curbs

As the Supreme Court reviews Trump's tariffs, the US is expanding Section 232 duties that could affect $621 billion in Asian goods, raising risks for allies and rivals alike

How Xi's military purge may affect China's war readiness, future of Taiwan

Authorities have not disclosed details, but the action represents one of the most significant leadership changes in China's armed forces in years

Bangladesh panel says Adani power contract overpriced, flags anomalies

Bangladesh government-appointed panel claimed electricity from Adani's Godda plant is priced well above market rates and includes Indian corporate taxes

China's top general Zhang Youxia put under probe in Xi's military purge

General Zhang's downfall marks the most drastic step yet in Xi's years-long campaign to purge alleged corruption and disloyalty from the Chinese military's top ranks

AI may transform business, but human judgment still guides decisions

Artificial intelligence is poised to profoundly affect American business, and executives are rethinking the skills they seek in colleagues and advisers

Blackstone eyes more hiring in Asia to tap rising private market demand

The alternative asset manager sees huge potential from bringing private markets to individual investors, who are looking for alternatives to the conventional portfolio

Morgan Stanley eyes expansion in Asia as deregulation opens new markets

Morgan Stanley is pushing deeper into Asia as buoyant markets, a reviving Hong Kong IPO pipeline and rising trading volumes propelled the bank to a second consecutive record year in the region

Second-hand watch prices rebound as luxury timepiece market in upswing

The rollercoaster in secondary-market watch prices started during the pandemic, when consumers flush with crypto gains and stimulus payments started snapping up pre-loved models online

Judge to hear case on immigration crackdown amid Minnesota shootings

A federal judge will consider whether to curb an intensified ICE enforcement operation in Minnesota, as protests grow after two deadly shootings involving federal immigration agents