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Why Trump Suspended Tariffs for 90 Days for All Countries Except China

On Wednesday, U.S. President Donald Trump announced a 90-day suspension of his broad tariff policy for all countries except China—a decision that seemed unlikely just a day earlier. Trump, who introduced the tariffs to address what he claimed was a trade imbalance with the U.S., said that more than 75 countries h...

TSMC May Face $1 Billion Fine Over Huawei-Linked Chip, U.S. Probe Reveals

Taiwan Semiconductor Manufacturing Co (TSMC) may face a fine exceeding US$1 billion as part of a U.S. export control investigation linked to a chip it produced that ended up in Huawei's Ascend 910B AI processor, sources revealed. The U.S. Commerce Department is reportedly probing TSMC’s manufacturing for Sophgo, ...

Shopify CEO Declares AI a Core Job Requirement: "We're All In"

Shopify CEO Tobias Lütke has declared that AI will be central to the company’s operations, signaling a major cultural shift. In an internal memo posted on X, Lütke stated that employees must justify why AI cannot handle a task before seeking more staff or resources. “Reflexive AI usage is now a ba...

Trump Holds Firm on Tariffs Amid Global Market Turmoil, Signals No Retreat

On April 6, 2025, President Donald Trump reaffirmed his commitment to sweeping tariffs on imports from most countries, stating he won’t ease up unless trade balances with the U.S. are corrected. Speaking aboard Air Force One, Trump acknowledged the global market turmoil but said, “Sometimes you have to take...

Global Markets Crash Amid Trump’s Trade War; $6.6 Trillion Wiped Off US Stocks

The global financial landscape has been shaken by a historic market crash triggered by former President Donald Trump’s aggressive trade policies, which have strained US relations with key global partners. Over two days, the US stock market lost about $6.6 trillion in value, according to The Wall Street Journ...

Rupee Rises 34 Paise to 84.96 Amid Weak Dollar and Falling Oil Prices

The rupee appreciated by 34 paise to 84.96 against the U.S. dollar in early trade on April 4, 2025, amid a broad-based weakening of the greenback following President Donald Trump’s new tariffs. The fall in crude oil prices and concerns over inflation and recession in the U.S. also supported emerging market curren...

White House Targets India and Others with Reciprocal Tariffs Starting April 2

The White House has listed India among nations it considers "unfair" for imposing high tariffs on American goods, particularly highlighting a 100% tariff on U.S. agricultural products. Press Secretary Karoline Leavitt criticized countries like India, Japan, and the European Union for imposing heavy tariffs, which she c...

AI vs. Human Art: Can AI Truly Capture the Magic of Studio Ghibli?

Studio Ghibli films possess a quiet magic that lingers long after watching, capturing the beauty of simple, human moments. From Chihiro’s clumsy shoe scene in Spirited Away to the painstakingly crafted four-second earthquake in The Wind Rises, Ghibli’s animation is about more than just visual...

Chhattisgarh Encounter: 2 Soldiers Hurt, 16 Naxals Killed

Latest Information on the Sukma Dantewada Encounter:  16 Naxals were killed in a clash between security personnel and the group in the Kerlepal jungle on the Sukma-Dantewada border in Chhattisgarh.  The bodies of the Naxals who were killed have been retrieved by the security forces.  During the firefight...

Myanmar Shaken by 7.7 Magnitude Earthquake, Rescue Operations Underway

A massive earthquake of 7.7 magnitude jolted Myanmar, shaking buildings and spreading fear among residents. The tremors were felt across several regions, leading to structural damage and disruptions. According to reports, several buildings collapsed, and emergency response teams have been deployed for rescue operation...