MUMBAI: RBI said its stance on cryptocurrency remains unchanged, even as a govt panel continues to examine the issue. “There is no new development following the Supreme Court pronouncement on the crypto matter,” RBI governor Sanjay Malhotra said at the post-policy press conference. “RBI has maintained a consistent stance on this issue. A govt committee…
ECB President Christine Lagarde (AP) The European Central Bank lowered its key interest rate by 25 basis points on Thursday, citing growing uncertainty from US trade threats and slowing eurozone momentum.In its eighth consecutive rate cut, the ECB reduced its benchmark rate to 2%, down from a recent high of 4%, as policymakers attempt to…
In a high-stakes battle shaking the pillars of American higher education, President Donald Trump and Harvard University are locked in a tense standoff over diversity, academic freedom, and the role of international students in U.S. universities.Over the past few months, the Trump administration has escalated its campaign against Harvard, freezing approximately $2.3 billion in federal…
Sebi has observed that individuals’ activity in index options within the derivatives segment has not declined as much as expected and may take further action after a deeper review, sources told news agency PTI.The capital markets regulator examined activity between December 2024 and March 2025 and found that although there has been a year-on-year drop,…
AI-generated image (Credit: Bing image creator) China’s finance minister has criticized US tariffs for introducing “unprecedented huge risks” to global economic stability, according to a ministry publication released Tuesday. Simultaneously, China’s foreign ministry, via state-run Xinhua news agency, stated that the US must change its “threatening” stance if it hopes to reach any agreement. The…
Robert F. Kennedy Jr., the nation’s health secretary, has said that tackling a chronic disease “epidemic” would be a cornerstone of his Make America Healthy Again agenda, often invoking alarming statistics as an urgent reason for reforming public health in this country. On Friday, President Trump released a proposed budget that called for cutting the…
What Harvard could lose as its standoff with the Trump administration escalates. (AI Image) Harvard University is facing a dire situation in its ongoing clash with the Trump administration, as federal funding for its critical research projects comes under severe threat. The dispute reached a boiling point after the administration announced a $2.2 billion freeze…
President Trump’s decision to move a step closer to imposing tariffs on imported medicines poses considerable political risk, because Americans could face higher prices and more shortages of critical drugs. The Trump administration filed a federal notice on Monday saying that it had begun an investigation into whether imports of medicines and pharmaceutical ingredients threaten…
The global economic system that the United States has shaped and steered for more than three-quarters of a century was animated by a powerful guiding vision: that trade and finance would be based on cooperation and consent rather than coercion. That system, for all its faults, entrenched the United States as the world’s richest nation…
US universities face financial strain as Trump’s policies threaten international student numbers The Trump administration’s recent push for stricter immigration policies could lead to a significant decline in international student enrollment in US universities, experts have warned. After a period of recovery from the pandemic, international enrolments are beginning to rebound, but heightened restrictions, including…