Global Business / The Economic Times
Trump Tariff War: Mexican and Canadian officials are frustrated with the unclear demands in tariff negotiations with the Trump administration. The on-again, off-again tariffs and shifting justifications are making resolution seem impossible. Canadian Prime Minister Trudeau warned of a trade war, while Mexican President Sheinbaum emphasized respect for the U.S. A lack of clarity challenges negotiations.
U.S. President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve, a significant move in the countrys digital asset strategy. The reserve will be funded exclusively with bitcoin seized in criminal and civil forfeiture cases, preventing any taxpayer burden. The order also mandates a full audit of government-held digital assets and bars bitcoin sales from the reserve. A separate U.S. Digital Asset Stockpile will hold other confiscated cryptocurrencies, managed by t
The 25th edition of The Economic Times Awards for Corporate Excellence will take place on March 8th in Mumbai, honoring India's top business elites. Key awards include Business Reformer of the Year, Businesswoman of the Year, and Lifetime Achievement. Union finance minister Nirmala Sitharaman will present the awards.
Howard S Marks from Oaktree Capital Management discusses his views on the unpredictable economic environment, Trump's policies, and the potential of the US Big Tech. He highlights his concerns about politics, demographics, and immigration policies, while expressing optimism about India's growth, emphasizing the importance of leadership and equitable development.
The US stock market is currently in a rather precarious position considering the fact that Wall Street stocks are plummeting steadily, with reports suggesting that the reason for the same could be the uncertainty related to the incoming Trump tariffs on different countries.
Democrats are strongly opposing a plan by House Republicans to pass a temporary spending bill that would fund the government until the end of September, as per reports
The 11-foot long bottlenose dolphin jumped aboard the roughly 16-foot-long boat when Dean Harrison, the owner of the boat, was out on a fishing expedition with two of his companions. He was reportedly near the 'Hole in the Rock', a scenic spot off the far north coast of New Zealands North Island.
Rep Melanie Stansbury (D-NM) showed a sign that read This Is NOT Normal as former President Donald Trump walked in to address Congress. The moment soon turned controversial when Rep Lance Gooden (R-Texas) grabbed the sign from her hands and tossed it away. Stansbury later defended her protest, saying it was an SOS to the world about Trumps policies.
The comments made by Governor Gavin Newsom represented a remarkable break from other top Democrats on the issue, and signalled a newly defensive position on transgender rights among many in his party. He made the statement during a conversation with Charlie Kirk in the first episode of his podcast This is Gavin.
Picture This is a rom-com centered around a London-based Indian family starring Simone Ashley as Pia.
Horoscope Today, March 7, 2025, brings crucial astrological insights as the Moon shifts into Cancer, influencing emotions, relationships, and career decisions. With Venus in retrograde and Mercury enhancing communication, each zodiac sign experiences unique transformations. Aries sees career growth, Taurus revisits past relationships, while Leo faces major personal shifts. Health and self-care remain key themes for many signs. Whether it's love, work, or well-being, today's horoscope offers clar
Meghan Markle made a playful remark about Drew Barrymore's affectionate nature during her appearance on The Drew Barrymore Show. Markle also promoted her new Netflix show, With Love, Meghan. A body language expert said the Duchess seemed a tad uneasy with how close Barrymore was getting.
Steph Bohrer, known for her travel and lifestyle content on social media, has received a handwritten note from a pilot, who called her the most beautiful human. Her 11-second video about the note has since gone viral on the internet, drawing mixed reactions from fans. Bohrer became popular during the COVID-19 pandemic.
A nationwide drive by India's income tax department has resulted in taxpayers disclosing foreign assets worth 29,208 crore. Launched in November 2024, the campaign encouraged 30,161 taxpayers to declare their overseas holdings, with significant amendments in income tax returns observed.
Jennifer Lopez reportedly feels betrayed after footage emerged of Ben Affleck sharing an intimate moment with Jennifer Garner. The video has reignited concerns about Afflecks bond with his ex-wife, with sources saying Jennifer Lopez had already questioned their closeness during her marriage. Despite conflicting reports, the moment has stirred emotions.
As Ukraine faces ongoing turmoil, First Lady Olena Zelenska stands as a pillar of strength, advocating for women's rights, humanitarian aid, and national resilience. From her early days as a scriptwriter to becoming a global influencer, she continues to support her husband, President Volodymyr Zelenskyy, while championing Ukraines cultural and social revival amid war.
Prince William and Prince Harry used the names William Wales and Harry Wales before being bestowed their own official titles from the monarchy, which would become their surnames.
US President Donald Trump is reportedly meeting top Cryptocurrency investors.
Economists are reconsidering labour market forecasts due to rapid cuts in federal jobs by the Trump administration. Bloomberg Economics estimates tens of thousands of job losses, potentially reaching half a million by year's end. This may reverse a quarter of 2024's job growth, with the impact becoming more visible in March and April.
The incident occurred at the Avalon airport. Describing the sequence of events, a police official said the teenager was already on the staircase connected to the front of the plane when they realised he was carrying a firearm. The minor had sneaked in undetected by security through to a hole in the fence.
The Institute of Chartered Accountants of India (ICAI) suggested simplifying the new Income-tax Bill to the Lok Sabha Select Committee. Suggestions include reducing sections from 536 to 436 and simplifying language to cut litigation. Additionally, ICAI expressed interest in participating in the Prime Minister's Internship Scheme to train youth in accounting and finance.
A nationwide probe by the income tax department is investigating entities declaring agricultural income of 50 lakh or more without owning any land. Cases of unrealistic farm income per acre are also being scrutinized for tax evasion, with potential penalties for wrongful claims.
France has stepped in to provide military intelligence to Ukraine after the U.S. halted its information-sharing efforts. French President Emmanuel Macron has instructed an acceleration of French aid packages to compensate for the lack of American support, ensuring Ukraine continues to receive necessary assistance.
India may lower or eliminate import duties on American walnuts, almonds, apples, and cranberries to enhance trade relations with the US. Talks are ongoing with negotiators in Washington. India aims for a bilateral trade deal by the end of the year with a target of $500 billion in bilateral trade by 2030.
Donald Trump could end the US support for the UKs nuclear deterrent, defence experts have warned. They said that Britain must prepare for such a possibility. With tensions between Europe and America escalating, fears aboutBritains dependence on the US-produced Trident missiles are rising. Some call for closer cooperation with France; NATO allies talk about European nuclear deterrence in the face of Russian threats.
Nitin Gadkari emphasized that faulty DPRs and road design by civil engineers significantly contribute to road accidents and fatalities in India. He urged improvements in road safety measures, adoption of new technologies, and better signage systems. With 180,000 road deaths in 2023, the government aims to halve accident rates by 2030.
Jason and Kylie Kelce announced in November last year that they are expecting their fourth daughter. In the recent episode of her Not Gonna Lie podcast, Kylie shared that she is nearly nine months pregnant and even speculated that the couple might look forward to having a fifth child as a pleasant surprise sometime in the future.
The Supreme Court bench, usually critical of the ED, acknowledged on a 'lighter note' that 'ED can be right sometimes'. Solicitor general Mehta humorously added that they are generally right. Additionally, a SC bench was shocked by a state counsel's claim that they can't reappreciate evidence, leading to an apology but not diffusing the tension.
The Supreme Court has halted the registration of new criminal cases against Tamil Nadu deputy chief minister Udhayanidhi Stalin without its permission. This decision follows his controversial comments on Sanatan Dharma. The court has scheduled further hearings for April, amid continuing legal actions in different states.
RodeoHouston's March 6 schedule includes Sensory-Friendly Day, providing a quieter atmosphere for guests with sensory sensitivities from 10 am until 2 pm. Highlights of the day include livestock show events and rodeo performances building up to the Super Series I Championship at 6:45 PM, followed by a concert by AJR.
Thousands of Christians, led by the Arunachal Christian Forum, protested in Itanagar against implementing the 1978 anti-conversion law. They argue that the law will sow religious discord in the state. Although the protest was initially planned near the assembly, it was later shifted to a different location. Chief Minister Pema Khandu urged people not to misinterpret the law.
The Enforcement Directorate conducted searches at 25 locations in Tamil Nadu related to TASMAC's offices in connection to a corruption case involving DMK leader Senthil Balaji. The raids are part of an ongoing investigation alleging misuse of power for personal gain during Balaji's tenure as transport minister from 2011 to 2015.
Indias central bank may have room for monetary easing due to falling global crude prices offsetting risks from a weaker rupee. Despite concerns over imported inflation affecting the consumer price index, easing energy prices could help lower import costs, thereby supporting further rate reductions.
Former Kazakh intelligence chief Ainur Mussayev has alleged that US President Donald Trump was recruited by the KGB during his 1987 visit to Moscow. Other former KGB officers have supported the claim, though no verifiable evidence has surfaced. The allegations add to long-standing speculation about Trump's ties to Russia.
Top Indian officials are set to brief a parliamentary panel on trade policy, including the US's recently announced reciprocal tariffs on India. The meeting, chaired by Shashi Tharoor, aims to address concerns over how these tariffs will affect Indian industry and discuss India's response and negotiations with the US.
The Election Commission is initiating a mission-mode exercise to remove duplicate EPIC numbers in voter databases within two months. Triggered by Trinamool Congress allegations, the EC will instruct state and UT Chief Electoral Officers to eliminate duplications and correct errors to ensure unique EPIC numbers are assigned to all electors.
US allies like Israel and members of the Five Eyes alliance are reconsidering the intelligence they share with Washington. They fear President Donald Trump's growing relationship with Russian President Vladimir Putin. Concerns are rising about potential leaks of sensitive information to Russia, and discussions on protecting foreign assets are ongoing.
External affairs minister S Jaishankar stated that India is awaiting Pakistan to return the part of Kashmir under its occupation to resolve the issue. He mentioned that abrogation of Article 370 was the first step, followed by economic restoration, and high turnout elections.
Elon Musk's Cybertruck faced hostility at a Mardi Gras parade, as attendees jeered and threw trash at the vehicles. The Cybertrucks were intended to transport parade marshals, but the event highlighted growing public dissatisfaction with Tesla and its CEO. At least one Cybertruck's window broke, underlining concerns about vehicle safety and quality.
India has voiced serious concerns over a security lapse during external affairs minister S Jaishankar's visit to the UK. A pro-Khalistan extremist breached the security and vandalized the Indian flag, prompting India to urge the UK to fulfill their diplomatic responsibilities.
Paresh Baruah, the self-exiled chief of the banned Ulfa, has allegedly relocated to the Xishuangbanna Dai region of Yunnan from Ruili with China's assistance due to increasing regional tensions in Myanmar. Baruah's move highlights ongoing insurgencies and political complexities in the region, including the continued presence of rebels in Myanmar.
Prime Minister Narendra Modi emphasized the need for global cooperation to expand India's cooperative sector. He reviewed the progress of the Ministry of Cooperation, highlighting key initiatives including educational programs, digital integration, and performance ranking to foster competition and growth.
Union Labour Minister Mansukh Mandaviya announced that the EPFO will launch its 'EPFO 3.0 version' soon. This upgrade allows subscribers to withdraw funds from ATMs, making the system equivalent to banking. Users can handle their transactions without visiting EPFO offices.
Europe's new rocket Ariane 6 successfully carried out its first commercial mission on Thursday, placing a French military satellite into orbit and confirming the continent's independent access to space. A successful Ariane 6 launch was an important step for the independence of France and Europe's access to space, he told AFP. At the moment, Europe needs to find projects that bring us together, he said.
Intuitive Machines is making its second attempt to land on the Moon with the Nova-C lander, Athena. Scheduled for March 6, 2025, this mission aims to land near the Moons south pole, collecting critical data for future Artemis missions. With NASAs support, Athena will test key technologies like lunar resource mapping and Moon-based communication networks. If successful, it will mark a major milestone in commercial lunar exploration. This mission follows lessons from the IM-1 attempt, ensuring bet
Babulal Marandi has been appointed as the BJP legislative party leader in the Jharkhand Assembly. His name was proposed by senior MLAs and unanimously approved. As the new leader, Marandi aims to strengthen the party and work for the benefit of Jharkhand and its people.