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Subscribe to enjoy similar stories. When you make a pact with the devil, he always comes back to get his due. I wish Volodymyr Zelensky had remembered this before getting into a confrontation with Russia.

Subscribe to enjoy similar stories. Hyundai Motor India Ltd's proposals to buy goods and services in excess of ₹31,000 crore next financial year from related companies, which could be more than half the purchases it made in the previous fiscal, have divided two of the country's leading proxy advisory firms. Stakeholders Empowerment Services (SES) and Institutional Investor Advisory Services (IiAS), both based in Mumbai, have put out contrasting notes on Hyundai's resolutions for dealing with seven related companies.

Mumbai: India's housing finance market could more than double in value to '81 lakh crore in the next five years, according to a report by CareEdge Ratings. The ratings firm said the growth will be driven by robust structural elements and favourable government incentives, making housing finance an attractive asset class for lenders. India's housing finance market is valued at '33 lakh crore. CareEdge Ratings said the country's residential properties market remains buoyant, a key driver of the housing finance industry, having seen absolute growth of 74% since 2019 to 460,000 units in 2024.

Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader «reciprocal» tariffs will go into effect April 2, raising them to match what other countries assess. «April 2nd, it becomes all reciprocal,» he said in a taped interview with Fox News Channel's 'Sunday Morning Futures'. «What they charge us, we charge them.»

Shiv Sena (UBT) chief Uddhav Thackeray on Sunday expressed his support to Tamil Nadu on the issue of National Educational Policy, saying that the Centre is using the issue to create discord and division in the country. Thackeray said that he agreed with Tamil actor Kamal Haasan who said that the BJP government at the Centre was trying to create 'Hindia'. «Kamal Haasan was right when he said they (Centre) want to create Hindia, they want to create discord in the country. I recently met people from Bihar who said that there were several languages of the state that have become extinct because of Hindi, we are not against Hindi but the BJP wants to create division and rule (with the language issue), said Thackeray while addressing party cadres in Mumbai. The Sena UBT chief had called the party meeting to rebuild the organisation with an eye on the upcoming Mumbai civic elections likely to be held in October-November this year. The Mumbai civic elections are significant for the Sena UBT as the party derived its power from ruling the Mumbai civic body for several decades. However, with Eknath Shinde splitting the united Shiv Sena, several former corporators from the Mumbai civic body have crossed over to the Shiv Sena.

health ministry has asked the Indian Premier League (IPL) and the cricket board to ban all forms of tobacco and alcohol advertising, including surrogate ads, at stadiums and related events, as well as during telecast sessions on national television. In a letter to IPL chairman Arun Singh Dhumal, director general of health services Atul Goel also sought doing away with the sale of tobacco and alcohol products in all affiliated events and sports facilities. The letter, dated March 5 and also addressing the Board of Control for Cricket in India, asked the sports bodies to discourage sportspersons (including commentators) from directly or indirectly endorsing products linked to alcohol or tobacco.

COP30), is doubling down on accelerating the implementation of climate action. To this end, it has suggested setting up «additional governance structures» under the UN, «complimentary» to the existing process under UNFCCC, to follow up on commitments that have been made on climate action. Explaining the rationale for complementary governance structures under the UN, Brazil's environment minister, Marina Silva, said, «Take the NDCs (nationally determined contributions or climate plans), these are meant to be reviewed every five years. Maybe this is not enough. We may need additional pieces to make global efforts more effective». Silva said the rule book for the Paris Agreement has now been completely finalised. «We have a structured regime on which we can rely,» the minister said. «We have no choice to implement or else we will experience the unthinkable.»

La Nina may not be sufficient to offset the rising temperatures in a warmer future. As India grapples with unusually high temperatures, the India Meteorological Department (IMD) has predicted an early and intense summer this year, with prolonged heatwaves. The country recently saw its warmest February since 1901, along with one of the driest winters in recent history, which has raised concerns about the ongoing climate crisis. Human-caused climate change is leading to a «new normal» of warmer winters and shorter springs. However, scientists emphasize that annual weather patterns, known as «year-to-year variability,» still play a crucial role in influencing seasonal conditions.

The comment came a day after the country's Supreme Leader Ayatollah Ali Khamenei said Iran will not negotiate under U.S. «bullying». In the post on X the mission said: «If the objective of negotiations is to address concerns vis-a-vis any potential militarization of Iran's nuclear program, such discussions may be subject to consideration.»

The anonymous drone operator shared the jaw-dropping footage on Reddit with a simple caption: «Drone pics of North Korea, I was in China, my drone flew across the border.» The images quickly went viral, sparking fascination, speculation, and even concern among viewers who questioned just how risky this stunt really was.

Bashar Assad escalated into clashes that a war monitor estimates have killed more than 1,000 people over four days. The attack Thursday near the port city of Latakia reopened the wounds of the country's 13-year civil war and sparked the worst violence Syria has seen since December, when insurgents led by the Islamist group Hayat Tahrir al-Sham, or HTS, overthrew Assad. The counteroffensive against the Assad loyalists in the largely Alawite coastal region brought havoc to several cities and towns. Rights groups reported dozens of revenge killings resulting from Sunni militants targeting the minority Islamic sect, regardless of whether they were involved in the insurgency.

Trump won't rule out the likelihood that the US might enter recession under his watch, as early as this year itself, reports by AFP and other agencies said. In an interview that aired on March 9, Trump said he won't dismiss the possibility of the United States witnessing a recession this year. When asked directly about a potential downturn into 2025, he responded, «I hate to predict things like that,» during a conversation with a Fox News host. He emphasised the significant changes underway, stating, «There is a period of transition, because what we're doing is very big — we're bringing wealth back to America,» and noted that «It takes a little time.» In contrast, Trump's commerce secretary, Howard Lutnick, provided a more definitive stance, stating unequivocally on NBC's «Meet the Press,» «Absolutely not,» when queried if Americans should prepare for an economic downturn.

Uddhav Thackeray on Sunday accused the BJP of poisoning society and asked his supporters to respond to the ruling party's favoured 'Jai Shri Ram' slogan with 'Jai Shivaji' and 'Jai Bhavani'. He was addressing Sena (UBT) workers at an event here. «If anyone says Jai Shri Ram, do not let the person leave without making sure that he says Jai Shivaji and Jai Bhavani. »The BJP has poisoned our society. I am going to give the BJP a tough time for what they have done to our society," he said.

central banks are getting a painful refresher in economic theory. Monetary authorities in China, India and elsewhere have waged a prolonged campaign against the strong dollar, using a mix of official reserves and opaque derivatives trades to defend their currencies. But their moves have pushed up borrowing costs for local banks just when slowing economies need more liquidity. China’s overnight and seven-day repo rates surged in February, while bond investors took losses from a sharp rise in yields. Banking liquidity in India suffered its highest deficit in at least 14 years earlier this year and overnight borrowing costs jumped. Liquidity also dried up in Indonesia and Malaysia following central bank currency interventions. These moves are explained by what economists call the impossible trinity, the idea that countries can’t simultaneously control their currencies, independently set interest rates and allow capital to move freely across borders. Something will break or give way.

Liberal Party members look set to pick former central bank governor Mark Carney as the new party leader and Canada's next prime minister in a vote to be announced on Sunday evening. Carney, 59, navigated crises when he was the head of the Bank of Canada and when in 2013 he became the first noncitizen to run the Bank of England since it was founded in 1694. His appointment won bipartisan praise in the U.K. after Canada recovered from the 2008 financial crisis faster than many other countries.

Toyota Hilux Black Edition was launched at an ex-showroom price of ₹37.90 lakh. Like any other black or dark edition models, the Hilux Black Edition also is cloaked in an all-black theme both for the exterior and the interior. The Hilux Black edition was first unveiled at the Auto Expo 2025.

Chinese investors are funneling tens of millions of dollars into private companies controlled by billionaire Elon Musk, using an arrangement that shields their identities from public view, the Financial Times reported on Sunday. The investments are being placed through special-purpose vehicles to avoid the ire of U.S authorities and companies wary of Chinese capital during a low-point in relations between the two countries, the report said, citing asset managers and investors involved in the transactions. Three Chinese-backed asset managers told the Financial Times that they had sold more than $30 million of shares in SpaceX, xAI and Neuralink, three Musk-controlled private technology companies, to investors over the past two years.

Subscribe to enjoy similar stories. The statistics ministry recently released a bunch of fresh data-sets related to India’s gross domestic product (GDP) across three years, including a guesstimate of expected economic growth for the current year ending on 31 March.

«Five years — it's long!» exclaimed one guide, Elisa Hervelin, as people around her took photos of many of the museum's permanent works, among them paintings by Salvador Dali and Henri Matisse and sculptures by Marcel Duchamp. The 2,000-piece collection, on display on the fourth and fifth floors on the 48-year-old multicultural centre, are to start being taken away from Monday.

Indian Solar Manufacturers Association (ISMA) has demanded imposition of safeguard duty on import of polysilicon, ingot and wafer to help protect the domestic solar manufacturing industry from dumping and boost local capabilities. Sunlight is converted into electricity through a process called photovoltaics (PV). This involves several key components working together to harness the energy from the sun. At the core are solar cells, which are made from silicon. These are grouped together and mounted on a solar panel or module which captures sunlight and converts it into direct current (DC) electricity. According to ISMA, India is already self-sufficient in module manufacturing, helped by duty protection measures. Also, significant cell capacities are under ramp-up and the country will be self-sufficient by FY27 in cell manufacturing. «Need of the hour is to shift focus towards capital and energy intensive upstream manufacturing which is currently dependent on China with heavy dumping and price manipulation,» ISMA said in a presentation to the Ministry of New and Renewable Energy.

environmental regulations, particularly the carbon tax, deforestation rules, and supply chain due diligence laws are one of the biggest hurdles in the negotiations for a proposed trade pact with India, economic think tank GTRI said on Sunday. It said that these regulations could impose additional costs on Indian exports. Under the Carbon Border Adjustment Mechanism (CBAM), Indian exports of steel, aluminum, and cement to the EU could face tariffs of 20-35 per cent, even if an FTA is signed, the Global Trade Research Initiative (GTRI) said in its report. This raises concerns that while EU goods would enter India duty-free, Indian exports would still face these indirect barriers in Europe, it added.