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Stock markets in the Asia-Pacific region fell for a second day, hot on the heels of the US S&P 500, which had its worst day since Covid crashed the economy in 2020. Nike, Apple and Target were among big consumer names worst hit, all of them sinking by more than 9%. ALSO READ: An article on Warren Buffett acquiring Elon Musk's Tesla for $1 trillion caused huge confusion online. Here's why

Mahesh Patil, CIO, ABSL AMC, says from an India standpoint, the impact of the reciprocal tariffs is there for a few sectors including large exporters like IT and pharma, because of the slowdown in the US. But the overall impact compared with the US trade, the impact on GDP, will not be more than 20 basis points. The reaction has also not been very big and it should probably settle down. Patil says he does not see a major downgrade to our earnings for next year, except for one or two sectors. Any dip because of this correction could be a good buying opportunity. It is easy to turn bearish in this market, but should one really turn bearish? If yes, why? If no, why not? Mahesh Patil: Clearly, the Trump tariffs that have come out are slightly worse than expectations. But if you look at it from an India standpoint, I would not be too bearish. While the tariffs have been imposed across the various countries, relatively if you look at India, tariffs are much lower than some of these other partners on the global front – be it China, Vietnam, or Bangladesh. In that sense, we will not be competitively worse off over there.

Anand Sagar Pathak of Astropatri, talks about your career, your business prospects, your finances as per your Ascendant or your Moon sign as the Sun sign for a lot of Indians is different from what they know. In our system of astrology, the Sun moves 23-24 days behind Western Astrology and therefore the Sun often does not reside in the sign governed by a fixed date system.

Subscribe to enjoy similar stories. MUMBAI : Indian equities outperformed their Asian peers on Thursday, the day US President Donald Trump announced sweeping new tariffs that threaten to destabilize the world trade order. However, Siddhartha Bhaiya, managing director and chief investment officer of Aequitas Investment Consultancy, thinks a one-day reaction barely scratches the surface of the move’s impact.

Trump's expansive new tariffs reverse a decades-long global trend of lower trade barriers and are likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing the U.S. economy. The White House is gambling that other countries will also suffer enough pain that they will open up their economies to more American exports, leading to negotiations that would reduce the tariffs imposed Wednesday. Or, the White House hopes, companies will reverse their moves toward global supply chains and bring more production to the United States to avoid higher import taxes. How will Americans react? But a key question for the Trump administration will be how Americans react to the tariffs. If prices rise noticeably and jobs are lost, voters could turn against the duties and make it harder to keep them in place for the time needed to encourage companies to return to the U.S. The Yale Budget Lab estimates the Trump administration's tariffs would cost the average household $3,800 in higher prices this year. That includes the 10% universal tariff plus much higher tariffs on about 60 countries announced Wednesday, as well as previous import taxes on steel, aluminum and cars. Inflation could top 4% this year, from 2.8% currently, while the economy may barely grow, according to estimates by Nationwide Financial.

Rajya Sabha passed the Waqf (Amendment) Bill, 2025 on Friday with 128 members voting in favour and 95 against it. With the Lok Sabha having already passed the Bill on Wednesday, it is set to become law after the approval of the President of India. The debate on the Bill was marred by frequent heated exchanges between the Treasury and the Opposition benches. In a House with total strength of 236, members present were 223 during voting. After all amendments moved by Opposition members were negatived, the Bill was passed at 2:33 am. In his introductory remarks during the debate on the Bill, Minority Affairs Minister Kiren Rijiju said the Bill aims to bring transparency and accountability in the Waqf Boards. “Some people have said this Bill is aimed at harming Muslims and is unconstitutional. I want to dismiss these charges…We do not want to hurt anybody’s sentiments,” he said. The minister emphasized that there is no attempt to interfere in the religious practices of Muslims. Appealing to the Opposition to not engage in politics and rhetoric during the debate, Rijiju said the Narendra Modi government has shown the courage to carry out what Congress and other parties could not in the past. He reiterated his words that Waqf properties worth thousands of crores were not bringing any substantial benefits to the Muslims. If these properties are used well, they would benefit the poor Muslims and women, he added.

Subscribe to enjoy similar stories. Mumbai: Poonam Gupta, the newly appointed deputy governor of the Reserve Bank of India, has less than a week to prepare for the three-day monetary policy committee meeting beginning Monday. But, while it maybe be her first stint at the RBI, Gupta’s academic papers and articles point to a person who has strong views on inflation targeting framework and exchange rate stability.

Canada and Mexico might have got off (relatively) easy on Donald Trump’s Liberation Day, but for the rest of the world the tariff blow was far worse than expected — and market reaction suggests the biggest loser could be the United States.

Reportedly, no party is forecast to win an overall majority, and the chances of a Reform-Conservative coalition government are mounting. Nevertheless, a deal between their parties has been ruled out by both Mrs. Badenoch and Mr. Farage. As voter trust in major leaders remains low, the future remains uncertain. For the first time today, a mega-poll asserts that if a general election were held now, reform would garner the most seats, positioning Nigel Farage to become prime minister, as per reports. The new right-wing party is expected to receive 25% of the vote, according to an analysis of a survey of 5,180 people. Labour and the Conservatives are tied at 23% each.

Subscribe to enjoy similar stories. I first suspected artificial intelligence was eating my brain while writing an email about my son’s basketball coach. I wanted to complain to the local rec center—in French—that the coach kept missing classes.

Motorola engineer Martin Cooper made the first mobile phone call in the world with the words: 'Joel, this is Marty. I'm calling you from a cell phone, a real handheld portable cell phone.' Cooper had called his chief competitor Joel Engel at Bell Labs to essentially taunt him from a Manhattan footpath in front of reporters.

Racing fans from various parts of the UK as well as other regions reached Aintree to witness the opening day races live as it promoted new talent in horse racing.

Andry José Hernández Romero, a gay Venezuelan makeup artist, has been sent by the US to a maximum security prison in El Salvador as part of Donald Trump-led administration’s mass deportation campaign. This was majorly due to ‘crown’ tattoos on his wrists that allegedly proved him to be a notorious gang member. The 31-year-old, who fled his home country in a bid to escape persecution for his sexual orientation as well as political beliefs, was detained at the Mexico-US border in August last year when he crossed over to take part in a pre-arranged asylum appointment in San Diego, California, The Guardian reported.

FIFA president Gianni Infantino on Thursday said the US was the sole bidder for the 2031 Women's World Cup, while the 2035 tournament will be hosted by the UK. The announcement by Infantino was made during the 49th UEFA Congress in Belgrade, Serbia, The Athletic reported.

BMW and Mercedes-Benz in India on Thursday called for more free trade based on low tariffs and reduced trade barriers, saying it will be a win-win situation for all. As part of reciprocal tariffs on about 60 countries to counter higher duties on American products imposed globally, the US on Wednesday announced 27 per cent reciprocal tariffs on India saying New Delhi imposes high import duties on American goods. However, autos and auto parts as well as steel and aluminium articles, already subject to Section 232 tariffs at 25 per cent, announced earlier in US President Donald Trump's order on March 26, 2025, are not covered in the latest order. «We always subscribe and we always propose that there should be more free trade agreements with the countries. Absolutely, that's the right way to go, because that way everybody wins, new technologies can come into the country. For example, India can access markets. So that's a win-win situation,» BMW Group India President & CEO Vikram Pawah told PTI.

Between the conception And the creation Between the emotion And the response Falls the Shadow — The Hollow Men, TS Eliot “I think of my works as meditation, [samadhi],” says Trishla Jain. And it shows. Looking at her canvases, you realise two processes are at work — one, the very essence of the creative process that takes form in her paintings is on display; two, this process is reversed by an active act of immersion for the viewer who now becomes part of the creative process. In other words, we are in the Shadow zone — the breather — between conception and creation, between emotion and its response.

Christopher Nolan’s name came up at Cinemacon 2025 as Universal Pictures gave an update about his next project- The Odyssey. Nolan, who is presently shooting the film, did not make an appearance at the event. The studio also teased a new Steven Speilberg movie that is in the works. Talking about The Odyssey, Jim Orr, the distribution chief of Universal Pictures called the project “a visionary, once-in-a-generation cinematic masterpiece that Homer himself would quite likely be proud of,” Variety reported.

Subscribe to enjoy similar stories. In the middle of a hectic news cycle, I once managed to get about six byline credits in the newspaper I worked for. Elated, I took screen grabs of the articles that had my name and shared them with my family in the hope that the word spreads.

Trump's proposed reciprocal tariffs, investors may be wise to reconsider their asset allocation strategies. According to Krishna Memani, seasoned market strategist and fixed income expert, bonds currently offer better value than equities, especially in an environment where uncertainty is climbing and valuations are stretched.

In the July 2024 Union budget, a new category was added to an already humongous list of payments that attract tax deduction at source, or TDS: the payment of salary, remuneration, bonus, commission, and interest by a partnership firm to its partners.

Rajya Sabha, Mallikarjun Kharge, on Thursday termed the allegations levelled against him by Anurag Thakur in the Lok Sabha baseless, saying the remarks damaged his reputation as he dared the BJP MP to prove them or else resign. Raising the issue during Zero Hour in the Rajya Sabha, the Congress president said the BJP MP was compelled to withdraw his defamatory remarks made during the debate on the Waqf Bill in the Lower House. «But the damage has been done,» Kharge said. He also sought an apology from Thakur as well as the Leader of the House in Rajya Sabha, J P Nadda, over the issue. «Yesterday, Anurag Thakur hurled completely false and baseless charges at me in the Lok Sabha. When my colleagues challenged him, he was compelled to withdraw his defamatory remarks. But the damage has been done,» Kharge said.