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World Bank officials, including President Ajay Banga, have faced criticism for flying private jets to a UN climate summit while advocating for carbon reduction. Critics have condemned their actions as «hypocrisy,» citing the massive carbon footprint of their travel and the organization's lavish spending habits.

IndusInd Bank, which is grappling with discrepancies in accounting to the tune of Rs 2,100 crore. On March 10, the private sector lender disclosed some discrepancies in its derivatives portfolio, which could have an adverse impact of about 2.35 per cent of the bank's net worth as of December 2024, as per its internal review. Analysts peg the discrepancy at Rs 2,100 crore in absolute terms. Against this backdrop, the Financial Reporting Review Board (FRRB) of the Institute of Chartered Accountants of India (ICAI) is likely to review the bank's financial statements.

The February budget deficit was more than $307 billion, almost two and half times higher compared to January and 3.7% more than the same time last year, CNBC reported.

Tata Consultancy Services (TCS) has promoted Sudeep Kunnumal as the company’s as the chief human resources officer (CHRO) designate with effect from March 14, the company’s regulatory filing showed. The development comes upon superannuation of his predecessor Milind Lakkad, who was the CHRO and executive vice president for almost six years at the Tata group subsidiary, the filing showed. Lakkad, who joined TCS as a trainee in 1987, spent over 38 years taking up several roles including taking over as the head of Manufacturing Practice in 2006 rising to the ranks to head the Manufacturing Business Group in two years.

Craig Robinson to launch IMO, a video podcast for candid discussions and celebrity guests. Lately, Michelle Obama is opening up about the White House struggles and the difficulties of being a president's wife on the podcast. Despite their outward displays of unity, she talks about Barack Obama's friendships, his persistent tardiness, and the difficulties of following him to the White House in her new podcast, IMO, as per a reports. The pair continues to publicly support one another even though their marriage is still being questioned.

White House Press Secretary Karoline Leavitt is making headlines, not just for her political role but also for her ability to balance motherhood and a high-level career. On Tuesday, White House press secretary Karoline Leavitt brought her eight-month-old son Nicholas to work so she could attend the inaugural MAHA Commission Meeting, as per a report. As she brought her eight-month-old son Nicholas to a White House meeting, fans praised her as the embodiment of the "American dream." Her role in the administration, combined with her ability to balance work and motherhood, has sparked both praise and criticism—particularly following a heated discussion about Donald Trump's tariff policies.

U.S. investors shrugged off worries about an intensifying trade war and bought US$3.5 billion worth of bonds from the Canadian government at typical valuations on Tuesday.

Sarnaik's statement triggered an uproar in the legislative council, leading to calls for action against MSRTC's managing director. The controversy unfolded during a discussion initiated by BJP MLC Parinay Fukey, who raised concerns over the mismanagement of PF and gratuity funds. Fukey pointed out that the PF and gratuity payments of MSRTC employees had not been deposited for the past 10 months, and demanded an explanation regarding the use of Rs 2,214 crore from the fund. Fukey questioned, “What has happened to the Rs 2,214 crore? If this had been an industrialist or a private company, a cognizable offence would have been filed.” He emphasized that the state government, as the principal employer, was responsible for ensuring these funds were properly managed and deposited.

Prakash Karat said on Thursday, as he called for improving relations with China as a balancing factor. In an interview with PTI, Karat, the Interim Coordinator of the Communist Party of India (Marxist), said India does not need to be allies with China, but improving relations with the northern neighbour will help India's position in a multipolar world. Amid ongoing tariff dispute with the US, he said in 2008, when the Left parties withdrew support from the United Progressive Alliance (UPA) government over the Indo-US Civil Nuclear deal, the move was seen only in context to the deal. However, over the years, it led to strategic relations developing in a way that today the Trump administration is trying to «extract» deals from India. Karat, who served as the general secretary of the party from 2005-2015, was at the helm when the CPI(M)'s withdrawal of support from the UPA government led to the alliance government facing a strength test in Parliament, which it survived though with the backing of the Samajwadi Party. «People saw our opposition to the India-US nuclear deal only within the framework of that civil nuclear deal. We saw it in a wider perspective because the real thing was America was saying we will give you this nuclear deal, we will remove all those earlier restrictions and prohibitions which were there… But the quid pro quo was that you come into a military and defence agreement with us, which we entered into — the ten year military framework agreement,» Karat told PTI.

Subscribe to enjoy similar stories. Russia said its forces were in the final stages of ousting Ukraine’s army from the Kursk region, where Kyiv had taken Russian territory that it had hoped to use as a bargaining chip in peace negotiations. The Russian military said Thursday it had retaken Sudzha, the biggest town held by Ukraine in the Kursk region, after recapturing a string of villages in recent days.

Members of Canada’s dairy industry say they’re less worried about the threat of steep United States tariffs than about a looming battle over supply management.

Subscribe to enjoy similar stories. The US-India economic partnership is the envy of many. But our joint mission of achieving $500 billion in bilateral trade by 2030 stands on shaky ground.

Subscribe to enjoy similar stories. Nvidia—the stock market’s AI darling—is not only cheap in historical terms, but it is notably less expensive than some other stocks you might not expect. Nvidia stock is one of, if not the most, frequently discussed artificial-intelligence trades on Wall Street.

Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.

shares were largely unchanged on Thursday as investors took a step back to assess the ramifications of U.S. President Donald Trump's wavering tariff announcements on global trade relations. The pan-European STOXX 600 was down 0.06% as of 0813 GMT, after closing 0.8% higher on Wednesday due to optimism from hopes of a ceasefire in Ukraine and a cooler-than-expected U.S. inflation report.

Donald Trump during a meeting in the Oval Office with Irish Prime Minister Micheál Martin. It was a light-hearted moment at the Oval Office when Trump ribbed Vance about the green-and-white shamrock socks he wore during a meeting with Ireland Prime Minister Michael Martin. Trump couldn't help but laugh as he was momentarily distracted by Vance's crazy-patterned socks.

«In the current situation, we believe that all parties should maintain calm and restraint to avoid escalating the Iran nuclear situation, or even walking towards confrontation and conflict,» foreign ministry spokeswoman Mao Ning told a regular briefing. Beijing will host Russia and Iran for trilateral talks on Tehran's nuclear programme on Friday. The meeting will be attended by China's Vice Foreign Minister Ma Zhaoxu, Russian Deputy Foreign Minister Sergey Ryabkov and Iranian Deputy Foreign Minister Kazem Gharibabadi. The United States withdrew from a landmark deal that had imposed curbs on Iran's nuclear programme in return for sanctions relief during President Donald Trump's first term, which ended in 2021.

Infosys cofounder N R Narayana Murthy on Wednesday sought to calm the «exaggerated» hype around artificial intelligence (AI) in India, noting that many systems being labelled AI were nothing more than old programming. “I think somehow it has become a fashion in India to talk of AI for everything. I have seen several normal, ordinary programs touted as AI,” he remarked at TiECon Mumbai, an annual conference of entrepreneurs. In a conversation with TiE Mumbai founding president Harish Mehta, Murthy explained that there are two fundamental principles behind true AI: the first is machine learning, which enables large-scale correlation to make predictions; the second is deep learning, which mimics how the human brain works, using unsupervised algorithms.

Subscribe to enjoy similar stories. As President Donald Trump ramps up his trade war with the rest of the world, there’s a message for the CEOs of European companies that have struggled to keep up with U.S. peers: Time’s up.

Subscribe to enjoy similar stories. WASHINGTON—How business leaders talk about the Trump administration in private has been markedly different than what they are game to say in public. The dissonance was on full display here this week.

Trump presidency. But did any CEOs expect fierce trade wars with America’s closest allies? And did any investors expect the current nosedive in the markets? America’s businessman president is turning out to be a capital-basher like no other. The S&P Index has just recorded its worst performance compared with the rest of the world this century. The dollar is weakening, inflationary pressure is rising and credible voices are predicting a recession.