The United States stands on the precipice of an unprecedented financial crisis as Bank of America warns that up to $41 trillion in foreign-held American assets could flee the country. This staggering figure represents roughly a third of US equity and bond markets, encompassing stocks, corporate and government bonds, real estate, and reserves. The warning…
Prime Minister Narendra Modi and Russian President Vladimir Putin held a detailed conversation amidst global trade uncertainty and tariff announcements, discussing developments in Ukraine, with Prime Minister Modi reiterating India’s consistent position for a peaceful resolution. These strategic conversations occurred as Donald Trump imposed additional 25 per cent tariffs on India for importing oil from…
US President Donald Trump’s latest wave of tariffs on imports from dozens of countries took effect on Thursday, marking a major move in his drive to reshape global trade. The new duties, imposed at midnight, cover products from 66 nations as well as the European Union, Taiwan and the Falkland Islands. Targeting a broad range…
Yemen’s Houthi rebels attack: यमन के हूती विद्रोहियों ने 6 जुलाई 2025 को लाल सागर में मैजिक सीज नाम के एक बल्क कैरियर जहाज पर खतरनाक हमला किया. यह जहाज लाइबेरिया के झंडे वाला और यूनानी स्वामित्व में था. हूतियों ने इस पर ड्रोन, मिसाइल, रॉकेट-लॉन्चर और छोटे हथियारों से हमला किया. कुछ ही पलों…
Trump Tariff: ब्राज़ील में हुए BRICS 2025 सम्मेलन के बाद भू-राजनीतिक माहौल गरमा गया है. अमेरिका के राष्ट्रपति डोनाल्ड ट्रंप ने BRICS देशों पर “अमेरिका विरोधी नीतियों” को अपनाने का आरोप लगाते हुए 12 देशों पर 10% अतिरिक्त टैरिफ लगाने की चेतावनी दी है. इस पर चीन ने कड़ी प्रतिक्रिया दी है. चीन ने साफ…
A rising tide of protectionism is reshaping global trade, but it is not the end of globalisation—rather its rebirth, said Mahindra Group Chairman Anand Mahindra in his address to shareholders in the company’s 2024–25 annual report. Mahindra believes this transition offers India a unique opportunity to emerge as a new centre of gravity in what…
The Strait of Hormuz, a strategic location connecting the Persian Gulf to the Arabian Sea, faces potential closure. This choke point for global trade is critical for oil-exporting nations in West Asia, with 20 percent of global oil and major LNG exports passing through. Iran’s possible Gulf disruption plan includes mining the strait and deploying…
PM Modi and Cyprus President Nikos Christodoulides (Photo: PTI) NEW DELHI: PM Modi on Monday affirmed New Delhi’s support for completing talks for a free trade agreement with the European Union by the year-end and asserted that the proposed India Middle-East Europe Economic Corridor, delayed due to tensions in West Asia, would contribute towards peace…
Maninder Sidhu, a name that resonates in Brampton Eastand beyond, has built a career that is a testament to the power of education, hard work, and dedication to public service. Born in April 1984, Sidhu’s roots run deep in Brampton, Ontario, where he has lived for over three decades with his wife and children.Known for…
US markets opened modestly higher Monday morning as investors entered a busy week filled with major corporate earnings and crucial economic indicators. Despite lingering concerns over global trade and macroeconomic uncertainty, early gains suggested a cautiously optimistic tone on Wall Street.As of 9.31 am GMT, the Dow Jones Industrial Average (DJIA) climbed 210.46 points, or…