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The move comes as a direct response to Trump’s 25% tariffs on Canadian goods, which Alberta Premier Danielle Smith condemned as an «economic attack» on Canada.

Maya’s team—which included another woman, two men and a child— was carrying the skin of an adult tiger and 17 kilos of bones. Before “someone from Meghalaya” could come and collect the consignment from Maya, the police swooped in. “We were stunned to find that these were the remains of a second tiger— we had already missed the first tiger,” says Pranjal Baruah, a range officer of Kamrup, Assam, who had spearheaded the initial probe. Forensic tests traced the skin to one of the three missing tigers from the faraway Tadoba-Andhari Tiger Reserve in Maharashtra. That was a clue something was going awry with the striped beast. Even as India’s tiger population has been steadily climbing over the past couple of decades, it could get derailed. A surging appetite for tiger bones in China and Vietnam and the revival of a smuggling route through Mizoram-Myanmar have reignited dormant trafficking networks. The Assam case was transferred to the Wildlife Crime Control Bureau (WCCB), an arm of the ministry of environment and forests, which cracks down on organised wildlife crime. The agency’s trail led to multiple arrests in Maharashtra. They also caught Mishram Jakhad, an octogenarian from Dwarka in Delhi, believed to be a key link between tiger poachers and smuggling syndicates.

Fincantieri is one of the largest shipbuilding companies in the world, with over 230 years of history and more than 7,000 ships built. Fincantieri is the exclusive supplier for the Italian Navy, a partner of the US Navy and numerous foreign navies, and a key player in some of the most important European Defence partnership programs. In an exclusive interview with ET’s Dipanjan Roy Chaudhury, Pierroberto Folgiero, Managing Director and CEO of Fincantieri SpA, explores shipbuilding opportunities & IMEEC partnership with India. India is emerging as a global hub for shipbuilding. How does Fincantieri see opportunities for partnership with Indian shipyards and industry players? India’s growth from primarily a domestic focus to a global player in shipbuilding, in tandem with its rise to the fastest-growing large economy in the world, brings exiciting opportunities for collaboration, and we view this as an invitation to share knowledge and build upon complementary strengths.

Consumers lost $5.7 billion to investment scams in 2024 — more than in any other type of fraud and up 24% from 2023, according to new data from the Federal Trade Commission.

The dust up between FTX founder Sam Bankman-Fried and Terry Duffy, the boss of the US’s largest futures and options exchange, was emblematic of Wall Street’s skepticism then about a new generation promoting digital assets and the crypto bigwig’s plans to change the way derivatives trade.

Indian equities by the Foreign Portfolio Investors (FPIs) continued in the first fortnight of March where they sold shares worth Rs 30,015 crore. The total FII selling in this year so far has been at Rs 1,42,616 crore. In January, FPIs sold shares worth Rs 78,027 crore and followed it up with a sell-off amounting to Rs 34,574 crore in February.

trade war has rattled Wall Street, pushing the Nasdaq into correction territory, while the S&P 500 and Dow continue to decline. The Atlanta Fed has slashed its first-quarter U.S. growth forecast from a 2.4% expansion to a 2.8% contraction, fueling recession concerns. In his latest annual letter, Buffett called Trump’s tariffs an “act of war” and warned of risks from inflation, rising rates, and global instability. Buffett, known for thriving in market turmoil, has long preached that stock prices ultimately reflect business fundamentals, not short-term sentiment.

Subscribe to enjoy similar stories. “THE ACTION that is needed has to be bold and determined," declared Ursula von der Leyen, the president of the European Commission, this week. She was talking about how the European Union should respond to Donald Trump’s habit of tearing up supposedly “ironclad commitments", thereby threatening “European values".

Subscribe to enjoy similar stories. The stock buyback drought continues at Berkshire Hathaway. The company didn’t repurchase any shares from Feb.

Subscribe to enjoy similar stories. Retail inflation fell to a seven-month low in February on the back of deflation in vegetables but price pinch remained in many items. Meanwhile, employees could be left disappointed on both salary hikes and promotions in FY25 as companies grapple with heightened economic uncertainty.

Subscribe to enjoy similar stories. Some are born great, some achieve greatness, and others have greatness thrust upon them. But the truly unfortunate are those who have greatness snatched away.

Following this request, the board has initiated the process of selecting a top firm for conducting forensic audit, said the sources cited above. The private lender, which has faced a 50%-plus market-value erosion in six months, disclosed on March 10 evening certain discrepancies in its derivatives portfolio. These gaps could adversely impact its net worth by 2.35% as of December 2024, with about '1,600 crore of the hit likely to reflect in the March quarter earnings. On Tuesday, the stock lost 27% after the disclosures, the most on record.

This month, many investors feel dazed and confused. No wonder: as the U.S. government flirts with another shutdown and U.S. President Donald Trump intensifies his trade war, indices of economic uncertainty have skyrocketed above even the 2020 pandemic or the global financial crisis of 2008.

Alberta’s proven natural gas reserves have increased nearly sixfold to 130 trillion cubic feet since they were last assessed, according to a new study, giving Canada’s oilpatch leaders something to show off this week at a Texas oil summit in hopes of turning heads and capital flows northward.

global commodity markets as they navigate the mounting challenges posed by US President Donald Trump's erratic and inconsistent trade policies. While the media focus on each headline-grabbing announcement and social media post about new and retaliatory tariffs from the US leader and his administration, commodity markets are busy doing what they have done so well in the past, adapting to rapidly changing circumstances. For commodities it's important to make distinctions between those already being affected by Trump's trade policies, those likely to be in the future, and those unlikely to suffer direct impact, but which might feel second-round effects from a slowing world economy. The first group includes steel and aluminium, with Trump's 25% tariffs on all imports of the metals having started. The main impact is likely to be price increases for steel and aluminium in the United States, as domestic producers have limited scope to boost output significantly.

Donald Trump's wide-ranging trade war rouses fears of recession, global investors have found an unlikely new sanctuary: Chinese equities. Hong Kong's benchmark Hang Seng Index — where many major Chinese companies are listed — is up 17 since Trump entered the White House in January. That compares to an about 9 per cent drop in the S&P 500, which has also shed $4 trillion in market value from record highs last month, Reuters reported. Trump's erratic pronouncement on tariffs and moves to slash federal government spending have challenged assumptions about the appeal of U.S.

The China Securities Regulatory Commission is proposing a 50% pay reduction for fund managers if products overseen by them record a loss or return 10% less than their performance benchmarks, said the people, asking not to be identified discussing a private matter. Such pay cuts are part of a long-term assessment mechanism the regulator is trying to establish, the people said, adding it was not clear what time frame it would be applied over. Under the draft plan, fund returns will account for at least half of the weighting in senior management's evaluation, while other metrics such as the firms' size and ranking will become less important, the people said. The proposal has yet to be finalized and may change, they added. The CSRC didn't respond to a request for comment. The sweeping measures come as policymakers seek to attract more long-term capital into the nation's stock market amid slowing economic growth and an escalating trade war with the US. China's benchmark CSI 300 Index has gained about 1.7% this year.

Major Index Rebounds

A statement by ministers meeting in Canada mirrored a February Japan-U.S. statement in condemning «coercion» toward Taiwan, language that heartened Taipei in its increasingly tense standoffs with Beijing. Compared to a G7 foreign ministers' statement in November, the statement added members' concerns over China's nuclear buildup, although it omitted references to their concerns about Beijing's human rights abuses in Xinjiang, Tibet and Hong Kong. Also missing were references stressing the desire for «constructive and stable relations with China» and recognizing the «importance of direct and candid engagement to express concerns and manage differences.» The statement dropped past reassurances, recently stated in November, that there is «no change in the basic position of the G7 members on Taiwan, including stated One-China policies,» as well as that the G7 is «not decoupling or turning inwards» and recognizing the importance of China in global trade.