Progressive Financial News

Piyush Goyal stirred controversy while addressing the Startup Mahakumbh 2025 in New Delhi. His remarks on India’s startup ecosystem, specifically his rhetorical question, «Are we going to be happy being delivery boys and girls? » drew mixed reactions from the entrepreneurial community. By comparing India’s startup landscape to China’s, Goyal ignited a broader debate about the country’s technological aspirations and economic growth.

non-reciprocal trading arrangement. Here, India has an early mover advantage that it needs to drive home at the earliest. India is among the few countries with which the Trump Administration has already announced and progressed talks on a trade deal. It’s probably the first country to which the USTR has sent delegation to negotiate and by all accounts, the conversation is now at advanced stage. From Trump’s perspective the modification authority clause — Section 4 of the tariff order under the International Emergency Economic Powers Act – provides him with an effective bargaining chip in a trade negotiation. It allows to him raise tariffs and deploy other remedies in case a trading partner were to deploy retaliatory measures. At the same time, it gives him the power to reduce tariffs or limit the scope of duties imposed if the country aligns itself to the US on economic and security matters. Israel, which too has got hit with 17 per cent tariffs despite being among the first to officially cut duties for the US, falls in this category and is likely to benefit from this clause. As for India, a trade deal will open the doors for Trump to make that exception, counting on the overall strategic convergence between both countries across a range of national security issues including critical and sensitive technologies. More importantly, it’s not also in US interests to allow tariffs to impact cooperation in other areas like defence, space and nuclear sectors.

In an RNS notice today (3 April), AJOT's chair, Norman Crighton, said his firm had attempted to engage with FJV's board on «numerous occasions» having followed the trust's progress for several years to try and «discuss the combination of the two companies to create a market leading Japanese investment trust». Fidelity Japan trust's Nicholas Price to retire at the end of 2025 AJOT and FJV posted the same RNS notice regarding the proposal, which included no comment from FJV on the matter. On it, AJOT said it first tried to engage with the Fidelity team about a merger in August 2024 v...

Naman Chaudhary, a fitness enthusiast from Bharatpur, Rajasthan, is inspiring thousands with his incredible weight loss journey. Once weighing 150 kg, Naman struggled with confidence and faced years of bullying. Determined to transform his life, he embarked on a fitness journey that changed everything. Through dedication, clean eating, and weight training, he successfully shed 76 kilos in just two and a half years, now weighing a healthy 75 kg. Today, he is a fitness model and continues to document his progress on Instagram to inspire others.

Mallory McMorrow has announced her candidacy for the US Senate seat, currently held by Democrat Gary Peters. Senator Peters is set to retire in 2026. The 38-year-old Democrat has become the first prominent candidate to formally enter the race. Her entry has set the stage for what is expected to be one of the most competitive and expensive senate battlers of the midterms. McMorrow, who represents a suburban Detroit district, positioned herself as a fresh alternative to the Democratic Party’s current leadership, the reports stated. The politician, in her campaign launch video, called for a ‘new generation of leadership’. She also criticised party veterans for their failure to offer a clear plan to counter President Donald Trump’s influence.

Apollo Hospitals, Hyderabad, took a unique approach—he shared his ‘tax-free earnings’ for the year 2024-25. Unlike financial figures, his earnings were measured in kilometers and hours of fitness activities, leaving many inspired. Taking to social media, Dr. Sudhir Kumar revealed the statistics of his physical fitness journey. He shared that he ran a total of 1,548 kilometers and walked 1,166 kilometers over the year. Additionally, he dedicated 60 hours and 19 minutes to strength training. Breaking it down further, he maintained an impressive daily average of 7.4 kilometers of running and walking combined, while his strength training averaged 5 hours per month. Reflecting on his progress, Dr. Kumar noted that while he was satisfied with his overall fitness achievements, he aimed to improve his strength training routine in the new financial year.

laser-driven nuclear fusion facility in Mianyang, a project that could alter global energy and defence dynamics. Satellite imagery, analysed and published by Reuters, reveals that the centre is «50% more imposing» than the National Ignition Facility (NIF) in California, the world's current benchmark for laser fusion research. This signals a significant escalation in the race to harness fusion energy.

Subscribe to enjoy similar stories. India is currently on a decisive path to establishing itself as a global manufacturing powerhouse. Moving beyond cost competitiveness, the country is evolving into an innovation-driven industrial hub.

The troops of the Nangi Tekri Battalion, under the aegis of the Krishna Ghati Brigade of the Indian Army, retaliated strongly. Further details are awaited. Earlier, the security forces intensified search and cordon operations following the exchange of fire with terrorists in the Panjtirthi area of Kathua.

Bewakoof, founder and CEO Prabhkiran Singh shared his journey from a modest office in a Mumbai slum to building a brand popular among urban youth. Singh posted on LinkedIn about the challenges he faced, including working in a small space without air conditioning under a tin shed, and the resilience that helped the company grow.

The State Department said it was green-lighting a sale that includes 20 F-16 jets and related equipment to the Philippines, a treaty-bound ally of the United States. The sale would «improve the security of a strategic partner that continues to be an important force for political stability, peace and economic progress in Southeast Asia,» a State Department statement said. It would also boost «the Philippine Air Force's ability to conduct maritime domain awareness» and «enhance its suppression of enemy air defenses,» the statement said. The news follows months of escalating confrontations between the Philippines and China in the South China Sea, which Beijing claims almost in its entirety despite an international ruling that its assertion has no merit.

Telugu Desam Party (TDP) has decided to propose that state governments be allowed to decide on non-Muslim members in State Waqf Boards as the controversial Waqf (Amendment) Bill comes for introduction and passage in Lok Sabha on Wednesday. The party has decided to take a nuanced stand on the floor of the House after detailed meetings at Andhra Pradesh chief minister N Chandrababu Naidu’s residence late on Tuesday night. According to sources, Naidu consulted legal experts and decided that the party will support the bill but the Lok Sabha MPs will propose the change in their speeches.

Chinese Ambassador to India Xu Feihong expressed his optimism about the future of China-India relations as the two nations celebrate the 75th anniversary of diplomatic ties and believes the two nations will advance bilateral relations. In the event titled, 'Riding the East Wind, Setting Sail Anew and Opening a New Chapter in China-India Relations' the Chinese envoy expressed great pleasure for the presence of Foreign Secretary Vikram Misri to join on the 'commemoration of the 75th anniversary of the establishement of China-India diplomatice relations.' «Today, the leaders of China and India exchanged congratulatory messages to mark the 75th anniversary of the establishment of diplomatic relations. Chinese President Xi Jinping emphasized that both sides should view and handle China-India relations from a strategic and long-term perspective and seek ways for neighboring major countries to get along in peaceful coexistence, mutual trust and mutual benefit as well as common development,» he said. «Indian Prime Minister Narendra Modi emphasized that the meeting between the two leaders in Kazan was instrumental in laying out a roadmap for our bilateral relations returning to a stable, predictable and amicable path. Progress in our bilateral relations will contribute not only to global stability and prosperity but also to the emergence of a multi-polar world,» he added. Highlighting both nations' ability to navigate challenges and continue growing, he affirmed, «Over the past 75 years, despite weathering ups and downs, China-India relations have always surged forward like the Yangtze and the Ganges. One learns from the past in order to understand the future, and follows the right path to go far.»

In surpassing the previous record—held by the late segregationist Senator Strom Thurmond, who filibustered against the Civil Rights Act of 1957 for 24 hours and 18 minutes—Booker etched his name into Senate history. But unlike Thurmond, who fought against progress, Booker used his time to rally against what he sees as a dangerous consolidation of power. «I rise with the intention of disrupting the normal business of the United States Senate for as long as I am physically able,» Booker said at the outset of his remarks. «I rise tonight because I believe sincerely that our country is in crisis,» Booker said.

British Airways is reportedly considering launching a biweekly service between the two cities. The announcement came after West Bengal Chief Minister Mamata Banerjee raised the issue during her recent visit to the United Kingdom. On Thursday, the Trinamool Congress (TMC) said on social media that British Airways is acting on Banerjee's request, with plans for direct flights already in progress. However, the airline has yet to issue an official statement regarding the matter.

The deposit protection limit is the maximum amount of money the FSCS protects if a depositor's bank, building society, or credit union becomes insolvent. It has remained at £85,000, per person, per institution since 2017. FCA and PRA ditch plans to progress with diversity and inclusion targets The proposed increase accounts for inflation over the past seven years and aims to reassure consumers about the security of their deposits in UK-authorised financial institutions. If implemented, the new limit will apply to firms that fail from 1 December 2025. PRA deputy governor for prudent...

Subscribe to enjoy similar stories. New Delhi: A string of measures in the field of information technology has suddenly pivoted India into a friendlier place for American Big Tech firms to do business in—moves that policy stakeholders believe are timely and useful, given US president Donald Trump's impending tariff hikes.

Horoscope Today, April 1, 2025: As April 1, 2025, unfolds, the stars reveal insights that can guide your day across love, career, and health. Whether you’re facing emotional turbulence, seeking professional growth, or aiming to nurture your well-being, the cosmos offers clear signals to help you make the best decisions. Let’s take a deep dive into what’s in store for each zodiac sign, with layers of wisdom, detail, and surprises that mirror real-life complexity.

weight loss journey. Taking to X (formerly Twitter), Singh shared that he has successfully shed 34 kilograms over the past year and is now just nine kilograms away from his target weight. Celebrating his progress, he posted a photo referencing a T-shirt he wore last year, showcasing the visible transformation. «Down 34 kilos this morning… and operation 'firm up hanging skin' is almost complete, with just 9 kilos to go. It's been 12 months since I started this journey… #rockysingh #weightoff. PS — Same T-shirt from last year,» he wrote. His post quickly garnered attention, with many users applauding his dedication. However, speculation arose when a user inquired if he had used Ozempic, a well-known weight-loss drug, to achieve his results. Rather than dismissing the question, Singh welcomed the inquiry, calling it the «elephant in the room.»

State Bank of India forging strategic partnership for sustainable growth of rural. The ceremony was attended by key officials, including Loken Das, CGM, NABARD Assam Regional Office, S Radhakrishnan, CGM, SBI Guwahati Circle. Loken Das emphasized NABARD’s role in promoting agriculture and rural development, focusing on financing public infrastructure, rural livelihoods, and improving the credit ecosystem.