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Subscribe to enjoy similar stories. Canada’s Prime Minister Mark Carney called for elections on April 28, 2025. (Photo by Andrej Ivanov/Getty Images) New Canadian Prime Minister Mark Carney called for a snap election in late April as the country steels itself to respond to President Donald Trump’s threatened tariffs and repeated calls for it to become the U.S.’s “51st state." Carney was sworn in less than two weeks ago to succeed Justin Trudeau.

US stock-index futures climbed in early Asia trading on signs that the next round of President Donald Trump’s trade tariffs could be more measured than had previously been suggested. S&P 500 futures rose, Japanese shares fluctuated between gains and losses in early trade, while Australia’s market fell. The dollar was softer against major peers, while the 10-year US Treasury yield advanced.

how to invest abroad under the liberalised remittance scheme.

Fractal Analytics, a Mumbai-based artificial intelligence company, has proposed to build India’s first large reasoning model (LRM) at a total project cost of Rs 118.8 crore. In a proposal to the IndiaAI Mission, Fractal has sought an external funding of Rs 76.6 crore from the government for the initiative. The proposed LRM series will include a small model (2-7 billion parameters), medium model (20-32 billion parameters) and a large state-of-the-art model (70 billion parameters) with up to 1 trillion training tokens.

Subscribe to enjoy similar stories. Tiny, niche back offices for high-tech, specialised work are being set up by new-age companies in India at an increasing pace, a trend that experts believe has the potential to take the global capability centre (GCC) wave to the next level in the country. According to industry insiders, companies such as M31, d-Matrix, and MemryX, among several others, are increasingly setting up focused ‘nano’ GCCs in India.

Subscribe to enjoy similar stories. New Delhi: Registrars of Companies (RoCs) across the country have stepped up their compliance enforcement drive, with the largest number of penalty orders in the last five years getting issued in fiscal year 2025 (FY25), according to official data available from the ministry of corporate affairs.

Subscribe to enjoy similar stories. Indian trade officials are pushing their American counterparts to stitch their recent critical minerals deal into an upcoming trade agreement, two people aware of the discussions said, a tweak that may unlock US tax benefits for electric vehicles and batteries using these scarce resources.

borderless world' was first propagated by Kenichi Ohmae, author of The Mind of the Strategist, in the 1990s. He predicted an era in which national boundaries would become less significant, and the free flow of goods, services, capital and information would define global trade and commerce. His theory embodied the zeitgeist of late 20th-century trade. The dawn of the 21st century appeared to vindicate his foresight, with trade liberalisation, tech breakthroughs, and MNCs propelling the globe toward economic interdependence. But the question now is whether idealism survives the political opportunism. The Trump administration's tariffs and economic nationalism raise the question of whether the era of a borderless world is coming to an end. With political slogans such as 'America First', and MAGA, Trump seeks to recalibrate trade dynamics by imposing punitive tariffs on imports from countries like Canada, Mexico, India and China.

Devendra Fadnavis said on Sunday. Speaking at a programme of the CII Young Indians, Fadnavis said efficient administration and effective implementation of decisions are accelerating development in Maharashtra. «India's economy is moving towards becoming a $5 trillion economy, in which Maharashtra will have a large share. A roadmap is ready for the state to become a $1 trillion economy by 2029,» he said. He said the speed of communication and infrastructure are crucial for economic development, and the Mumbai-Nagpur Samruddhi Expressway was built for that purpose. The chief minister said Nashik has potential for the development of industries and tourism. «Considering the manpower and climate here, there is a lot of scope for tourism and industrial development. The defence ecosystem is here due to Hindustan Aeronautics Ltd (HAL). Nashik will develop more rapidly due to the Samruddhi Expressway. The largest port in the country is now being built at Vadhavan in Palghar, and Nashik city will benefit from it, as a greenfield road will be built from Nashik to Vadhavan,» he said.

The meeting will precede talks between the U.S. and Russian delegations which are scheduled for Monday. The meetings follow a series of talks held in Saudi Arabia, first between the U.S. and Russia, and then later between the U.S. and Ukraine, when Kyiv accepted a 30-day truce proposal. The Ukrainian delegation at Sunday's meeting will be led by Defence Minister Rustem Umerov. President Volodymyr Zelenskiy earlier said this fact would allow Kyiv to act in a «very quick and very substantive» way. However, Ukrainian officials have said they still see Sunday's meeting in Riyadh as purely technical.

Islamist militants along the country's western border with Afghanistan, a statement said on Sunday. It said border troops killed all the militants in an exchange of fire during the night between March 22 and 23 in North Waziristan district. «Own troops effectively engaged and thwarted their attempt to infiltrate,» the army statement said. Islamabad says that Islamist militants who attack inside Pakistan, and against the army have safe havens in Afghanistan, a charge Kabul denies. The incident took place as Pakistan's Special Representative for Afghanistan Sadiq Khan is on a two-day official visit to Kabul to talk about bilateral and economic issues, a statement from Pakistan's embassy in Kabul said.

GJEPC) officials said. China's economic slowdown coupled with plunging marriage rates in the country created a chilling effect in the Chinese diamond market valued at around USD nine billion. Last year, China's diamond market generated about USD 5.7 billion in revenue, and is expected to grow to USD 7.2 billion by 2030, according to market analysts. The demand for diamonds has fallen by as much as 50 per cent in China, while wholesale diamond prices have fallen by about 40 per cent over the past two years, creating a major downturn in the global diamond industry especially that of India as it accounted for a third of India's cut and polished diamond exports.

Krafton — the name behind popular esports title Battlegrounds Mobile India (BGMI) — is actively looking to invest and acquire in India, which is among its top five markets globally and where mobile-first gaming culture, rapid smartphone adoption, and a young, tech-savvy population are driving prospects of steady growth in online gaming. Krafton India CEO, Sean Hyunil Sohn sees the gaming industry here becoming much more sizable and impactful, and asserts the company would not be tied down to fixed investment limits for this «promising» market. Krafton has already invested USD 200 million in the country. Reflecting on India's regulatory landscape and past challenges faced by Krafton, he highlighted the company's positive outlook on regulations. Sean said India's approach to norms are supported by defined processes, constructive feedback, and a calibrated approach before actual implementation of guidelines.

The state government will provide financial assistance to students preparing for competitive examinations and youth with graduate degrees. Training will be arranged to develop their employability skills through a dedicated platform. For this, the government will constitute a high-level committee. A concrete policy will be prepared soon for the regular appointment of Upanal and contract workers. Apart from this, government works up to ten crore rupees will be given only to local contractors of the state. The Chief Minister made these announcements in a program organised at the Parade Ground on the occasion of the completion of three years of service, good governance and development. There was a large number of enthusiastic attendance of people in the program. In his address, Chief Minister Dhami first paid tribute to the immortal fallen soldiers of Uttarakhand and Sardar Bhagat Singh ji, Rajguru ji and Sukhdev ji on Shaheed Diwas. He said that under the guidance of Prime Minister Narendra Modi, Uttarakhand has achieved success while facing various challenges.

Now, imagine that conversation happening not at a dinner table, but inside India’s central bank or finance ministry. The regret isn’t about an individual’s lost opportunity, but about our failure to act as a nation. India, often touted as one of the fastest-growing economies and a future global powerhouse, has yet to secure its stake in the digital asset revolution. By not investing in cryptocurrencies, India risks missing out on one of the most asymmetric financial opportunities of the century.

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Subscribe to enjoy similar stories. Israel’s military is expanding its ground operations across the Gaza Strip, with troops operating in key locations across the enclave in an effort to pressure Hamas as talks to stop the fighting and release more hostages have stalled. Israeli troops pressed into the northern Gaza border town of Beit Hanoun on Saturday to lay the groundwork for expanding Israel’s security buffer, a several-hundred-meter-wide zone the military has carved out within Gaza that spans its border with Israel.

startups have raised Rs 286 crore in funding from investors, a top official of the organisation said. While speaking at an event, Software Technology Parks of India (STPI) director General Arvind Kumar said the organisation, formed under the Next Generation Incubation Scheme (NGIS) of the Ministry of Electronics and IT, has given early-stage seed capital of Rs 30.87 crore to 136 startups and financially incentivised 359 others through a stipend amount of Rs 3.57 crore. «Amongst these supported startups, 134 have also been able to raise external funding from an investor community comprising angels and venture capitalists of about Rs 286 crore, which is not only a validation of their business but also the testament of the progress made by these startups,» Kumar said during the STPI Sangam event on Friday. «I am proud to share that 44 per cent of STPI's startup portfolio consists of women entrepreneurs, many of whom come from Tier-2 and Tier-3 cities. We are not just honouring startup success stories today; we are also reflecting on how we can improve, refine our policies, expand our outreach, and ensure that our startup ecosystem reaches its full potential,» Kumar said.

India has imported 8.47 lakh tonnes of di-ammonium phosphate (DAP) fertiliser from China till February in the current fiscal year, government data showed. The Chinese imports represent 19.17 per cent of India's total DAP imports of 44.19 lakh tonnes during the period. In the previous fiscal year, China accounted for 22.28 lakh tonnes, or about 40 per cent, of India's overall DAP imports of 55.67 lakh tonnes. DAP is the second most widely used fertiliser in India after urea. The country also imports DAP from Russia, Saudi Arabia, Morocco, and Jordan, both as finished fertiliser and raw materials such as rock phosphate and intermediate chemicals. For the ongoing rabi season, domestic availability of DAP fertilisers has exceeded the estimated requirement of 52 lakh tonnes, with 48 lakh tonnes already sold. As of March 11, India maintained a closing DAP stock of 9.43 lakh tonnes. Domestic production of DAP and complex fertilisers has been constrained by several factors, including marketing limitations, high finished goods inventory and insufficient manpower.

Subscribe to enjoy similar stories. India slipped by three ranks to the sixth position in the Mint’s Emerging Markets Tracker in February as stock market rout, sharp depreciation in rupee and a slump in exports overshadowed strong GDP growth and Purchasing Managers’ Index (PMI). On the other hand, Brazil claimed the top rank for the first time since November 2023, as it outshone all other emerging markets in its currency performance and performed second-best in stock market capitalization.

vacuum flasks and aluminium foil, during the month so far to guard domestic players from cheap imports from the neighbouring country. These duties were imposed as these products — Soft Ferrite Cores, certain thickness of vacuum insulated flask, aluminium foil, and Trichloro Isocyanuric Acid — were exported to India from China at below normal prices. In separate notifications, the Central Board of Indirect Taxes and Customs, Department of Revenue, said that the duty imposed «shall be levied for a period of five years» on imports of Soft Ferrite Cores, vacuum insulated flask, and Trichloro Isocyanuric Acid. The anti-dumping duty of up to USD 873 per tonne was imposed provisionally on aluminium foil for six months. The government has imposed the duty in the range of USD 276 per tonne to USD USD 986 per tonne on imports of the acid (a water treatment chemical) from China and Japan. On imports of Soft Ferrite Cores (used in electric vehicles, chargers, and telecom devices), up to 35 per cent duty was imposed on CIF (cost, insurance freight) value.