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financial crisis as the Congressional Budget Office (CBO) claimed that the government may be out of money as early as August unless Congress comes to an agreement on raising the debt ceiling, reported ABC News. This so-called «X-date» is when the US will no longer have sufficient funds to pay its bills, leading to default on its debt, as per the report.

Athos Salomé, the «Living Nostradamus,» has boldly foretold the fate of Donald Trump's second term. Salomé foresees a future defined by realignments and economic distress as geopolitical chasms and domestic cleavages broaden.

After having commenced their probe on Tuesday, the three judges will remain in New Delhi for the next few days to continue the probe and examine the allegations levelled against justice Varma. The three-judge committee will also examine justice Varma after perusing the evidence and information made available to it. «The objective is to ensure that the inquiry is completed without any undue delay. The inquiry has been fast tracked to dispel the misbelief, if any, that truth will be brushed under the carpet,» said an individual privy to the development. As per the laid-down procedure, the probe being carried out by the committee is «not a formal judicial inquiry involving the examination and cross-examination of witnesses and representation by lawyers». After completing its «fact-finding inquiry», the committee will submit its report to CJI Khanna. It remains to be seen whether SC will again make public the panel's «fact-finding inquiry» report. Previously, in an unprecedented move, the Supreme Court had decided to make public the «in-house inquiry» report prepared by Delhi High Court chief justice Devendra Upadhyaya on SC's website.

Foreign secretary Vikram Misri along with other senior officials from the Ministry of External Affairs briefed the Parliamentary Standing Committee on External Affairs on the Indo-Bangladesh relations. The panel is chaired by Congress MP Shashi Tharoor. Officials are also learnt to have expressed concern that the Bangladesh government has «not only not acknowledged the systematic persecution of minorities but has sought to downplay the scale and nature of violence against Hindus since 2024», sources said. The officials also apparently referred to the statement of Mohammed Yunus, chief adviser to the interim government in Bangladesh, where he termed the atrocities against minorities in Bangladesh as media exaggeration. Officials also expressed concern that persecution against minorities has been characterised as «political killings» of Awami League members rather than communal violence. When asked about the Bangladesh Army, it was suggested that they are out of barracks to take control of the law and order in the neighbouring nation. Officials suggested that India is interested in advancing mutual interests and priorities with Bangladesh, sources said.

China as «sources of precursors and equipment for drug traffickers» and the primary source country for illicit fentanyl precursor chemicals and pill pressing equipment." The '2025 Annual Threat Assessment (ATA)', released on Tuesday, is the Intelligence Community's (IC) official, coordinated evaluation of an array of threats to US citizens, the homeland, and US interests in the world. Fentanyl and other synthetic opioids remain the most lethal drugs trafficked into the United States, causing more than 52,000 US deaths in a 12-month period ending in October 2024, it said. Fentanyl is a potent opioid drug that is blamed for widespread drug addiction in the US. The Trump administration has initiated a crackdown on illegal import of fentanyl and also linked it with tariffs adjustments in case of some countries. The report said some transnational criminal organisations (TCOs) are producing and trafficking large amounts of illicit drugs, imperiling American lives and livelihoods.

Elon Musk is investigating how The Atlantic’s editor-in-chief, Jeffrey Goldberg, was inadvertently added to a Signal group chat involving high-ranking U.S. national security officials. The chat reportedly contained discussions on upcoming military airstrikes against Houthi targets in Yemen. The breach, revealed in The Atlantic on Monday, has sparked outrage, with bipartisan calls for accountability. White House Press Secretary Karoline Leavitt confirmed Musk’s involvement, stating that he would «figure out how this number was inadvertently added» and help «ensure this can never happen again.»

Amit Shah has set off speculations regarding an electoral tie-up in Tamil Nadu, AIADMK general secretary Edappadi K Palaniswami on Wednesday asserted that alliances are formed only at the time of elections and that changes take place based on emerging political situations. On Thursday, BJP's Tamil Nadu chief Annamalai is likely to meet home minister Amit Shah.

If any Mickey Mouse accounting goes on for years in the treasury, it would, however, be with the knowledge of the mid-office that monitors — or, is supposed to monitor — the risks and reports any breach to the treasurer and chief risk officer. In the sequence and hierarchy of these divisions that witness millions of bond, currency and derivative deals, the front office 'creates' the risk to make money, the mid office 'keeps tabs' of positions, and the back office records and reconciles. In some ways, a treasury is a bank within a bank. Among this cast of characters, some (directly reporting to the kingpin) would be typically aware of sharp practice; many lower in the ranks would blindly do what's told to them; and some would look the other way while letting the music go on. The army of auditors scrutinising the books, and probably call records and chats of IndusInd Bank officials, will have to ferret out exact quantum of losses, gaps in processes, and why the funny divergent accounting — booking profits while deferring losses of mirror derivative transactions — went on since 2016. It would hint who knew what, whether conflicted reporting arrangements fuelled the folly, and whether someone from the back office had ever raised a red flag.

Canada's Liberal Party revoked Indian-origin MP Chandra Arya's bid to run for the party leadership and his nomination in his own Ottawa Nepean constituency over his alleged ties to the Indian government, a media report said on Wednesday. Citing a source with top-secret clearance, the Globe and Mail daily reported that Arya, who visited India last August and met Prime Minister Narendra Modi, had not informed the government of that trip even though bilateral relations are in a deep freeze. The Liberals have never revealed why they barred the three-term Liberal MP from the party's recent leadership race or from running again in Nepean constituency, the paper said. Citing the source, the daily reported that the Canadian Security Intelligence Service had briefed the government about Arya's «alleged close ties to the government of India, including its High Commission in Ottawa». Liberal Party officials who have security clearances and had received a general CSIS briefing on foreign interference also had concerns about Arya, a Liberal source said. The decisions to remove Arya as a candidate for the leadership and Nepean nomination were solely made by the Liberal Party and were not on the advice of CSIS, sources said.

According to reports, US President Donald Trump has said that automobile tariffs will be coming soon even as he indicated that some countries may get an exemption from reciprocal tariffs to be imposed on April 2. Federation of Indian Export Organisations (FIEO) said that India certainly deserves an exemption or waiver from reciprocal tariffs as it is constructively engaged with America at different levels and also for a Bilateral Trade Agreement. «The Mission 500 to take bilateral trade from the current level of about USD 200 billion to USD 500 billion requires a greater push for seamless trade, which the exemption will further facilitate,» FIEO Director General Ajay Sahai said. Another exporter said that the exemption to India would remove tariff uncertainties and will help further increase exports to the US.

BYD has led a brutal price war that has pushed it to become the largest seller in the world's biggest car market. This Monday, it reported $107 bn in revenue for 2024, crossing the $100 bn barrier for the first time. Displacing Volkswagen as China's top carmaker by sales, the company is aggressively expanding into overseas markets.

Trump administration, accusing them of violating federal record-keeping laws by discussing military operations on the encrypted messaging app Signal. The case, filed by American Oversight, names Defence Secretary Pete Hegseth, Director of National Intelligence Tulsi Gabbard, CIA Director John Ratcliffe, Secretary of State Marco Rubio, and Treasury Secretary Scott Bessent as defendants. “The Federal Records Act requires federal officials to preserve communications related to official government business,” American Oversight stated in its lawsuit, which seeks to prevent the destruction of federal records and compel compliance with the law. At the heart of the case is an extraordinary blunder: journalist Jeffrey Goldberg, editor-in-chief of The Atlantic, was mistakenly added to the group chat in which senior Trump officials were reportedly discussing a planned strike in Yemen. The lawsuit, however, does not focus on the security breach itself but rather on the officials’ alleged failure to preserve these critical communications.

At the time of reporting, the FTSE 100 stood at 8,684.7, down slightly from 8,697.2 earlier today, according to data from the London Stock Exchange.  The index as a whole is only marginally up 0.2% from Tuesday's (25 March) closing values. Spring Statement 25: OBR fiscal outlook has 'deteriorated' since October as it delivers 'grim' economic forecast Its FTSE 250 peer is currently priced in at 20,076, slightly lower than the 20,103.4 posted before Reeves' speech in parliament today. It now is 0.42% up since Tuesday's close.  The FTSE All-Share also dipped slightly from 4,695.1 e...

Subscribe to enjoy similar stories. India-US trade discussions that kicked off on Wednesday focused on reducing India's tariff levels on goods imported from the US to the same levels as what US levies on such imports from India, two people aware of the talks said. The effort aims to avert US reciprocal tariffs that US president Donald Trump has promised to roll out on 2 April.

NPCI) has addressed the UPI outage issue, calling it a “partial decline” caused by technical issues. Further, it confirmed that the issue has been resolved.

solar storm could cause the Northern Lights to appear tonight in parts of the United Kingdom. If the conditions are right, lucky skywatchers may see the aurora borealis in all its glory. Here's where and when to witness this rare natural phenomenon. Tonight, as a 'High-Speed Stream' from a coronal hole hits Earth, parts of the United Kingdom will view the Northern Lights, commonly known as the Aurora Borealis. According to the Met Office, the aurora is caused by a 'high-speed stream' emitted by a coronal hole, a breach in the sun's outer surface. The possibility of viewing the aurora borealis rises with approach to the sun.

Zypp Electric has reduced its workforce by around 10% over the past two months as it works toward profitability ahead of a potential public listing. In January, the company had around 1,300 employees, which has now come down to around 1,180-1,190, according to a statement from the company. “Basically, this was not a layoff. We conducted an appraisal exercise in February, during which we looked at some rationalisation of non-performers to drive efficiency. This is part of a sustainable, profitable growth plan. As you build a business, you keep looking at its structure, and wherever some rationalisation is needed to enhance profitability and growth, you make those adjustments. That is what we continue to do,” he said.

Philadelphia Eagles center Jason Kelce has revealed that he is on a new weight loss regimen that he has embraced as part of a challenge with buddy and ex-teammate Beau Allen. The 37-year-old made the revelation on the latest episode of New Heights, the podcast he jointly hosts with brother Travis Kelce. Sharing details about it, Jason said his new fitness journey started with a proposal put forth by Allen.

asset manager Fidelity Investments is exploring whether to launch its own stablecoin, in the latest sign of mainstream investors looking to cash in on a revival of interest in cryptocurrencies. Stablecoins are a type of cryptocurrency designed to maintain a constant value, usually a 1:1 dollar peg, making it easier for traders to move funds between cryptocurrencies. Their use has grown rapidly in recent years.