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Month: April 2025

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Shaky Street: Sensex surges 1.1k points day after 2.2k-point crash

[ad_1] MUMBAI: A smart recovery in the US markets overnight, positive global cues and short covering in Tuesday's session aided an impressive comeback for the stock market after Monday's rout. At close, the sensex was up 1,089 points or 1.5% at 74,227 points while the Nifty was up 374 points or 1.7% at 22,536 points. On Monday, the sensex had lost 2,227 points, its sixth biggest single-day fall ever.Tuesday's rise came on the back of reports that several countries have reached out to the US to negotiate trade terms and overcome impending hurdles to bilateral trade after Trump proposed steep new tariffs on April 2 on many of the US's trading partners."Following positive global cues, led by interest of many nations to enter into bilateral agreements with the US, the domestic market witnessed a recovery," said Vinod Nair of Geojit […]

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‘We should be a party of … ‘: Shashi Tharoor’s message to Congress on way forward | India News

[ad_1] Shashi Tharoor to Congress workers on Wednesday. NEW DELHI: Senior Congress leader and party MP Shashi Tharoor on Wednesday said that the grand-old-party should represent hope and positivity instead of resentment and criticism."The Congress must be a party of hope, not of resentment; a party of positivity not only of negativism, a party of the future not just of the past, a party with a positive narrative and not just criticism. I hope we will leave here with a resounding message to the nation, that we are here, we will fight, we will be resolved, we will focuss on the future and we will build a better India for all," Tharoor said at the All India Congress Committee (AICC) session which is being held pn the banks of the Sabarmati river, the land of Mahatma Gandhi and Sardar Vallabhai […]

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Congress chief Kharge questions EVMs, claims ‘fraud’ in polls; BJP hits back with ‘conditional commitment’ barb | India News

[ad_1] Mallikarjun Kharge and Shehzad Poonawalla. NEW DELHI: Congress president Mallikarjun Kharge on Wednesday made a strong pitch for return to ballot papers as he alleged that "Maharashtra election was a fraud like never before aimed at destroying democracy." His remarks evoked a strong retort from the BJP which claimed that the Congress had "conditional commitment" to Constitution."The whole world is moving from EVMs to ballot paper but we are using EVMs. This is all fraud. They ask us to prove it. You have devised such techniques that benefit the ruling party and put the opposition at a disadvantage. The youngsters of this country will rise and say - we want ballot paper," Kharge said at the AICC session in Ahmedabad."What happened in Maharashtra. We raised the issue everywhere, Rahul Gandhi raised the issue strongly. What kind of voter list […]

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AI tool aims to help conserve Japan’s cherry trees

[ad_1] Japan's famed cherry trees are getting old, but a new AI tool that assesses photos of the delicate pink and white flowers could help preserve them for future generations.The "sakura" season is feverishly anticipated by locals and visitors alike, with the profusion of the stunning blossoms marking the start of spring.But many of the trees are reaching 70 to 80 years old, well beyond their prime blooming age.This means increasing costs to tend to the trees and maintain popular flowering spots. To help authorities identify ailing specimens, brewing giant Kirin developed a tool called Sakura AI Camera.It tells users the condition and the age of the trees based on photos they take with their smartphones and upload them to a website.A five-point scale -- only available in Japanese for now -- ranges from "very healthy" to "worrying".A tree with […]

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Donald Trump presses 90-day pause button on reciprocal tariffs for most nations, but raises tariffs for China

[ad_1] Reciprocal tariffs on China were raised to 125% by Trump. US President Donald Trump on Wednesday a 90-day pause on the rollout of reciprocal tariffs on most countries, with the exception of China. US stock markets reacted positively to the news, showing remarkable gains. The S&P 500 index climbed 5.7% after recovering from a 0.7% decline. The Dow Jones Industrial Average rose by 2,000 points, a 5% increase, whilst the Nasdaq composite advanced 6.8%.Market participants have been urging Trump to reduce tariffs, as economists warn that these measures could trigger a worldwide economic downturn and push prices higher. The move appeared to focus the extensive trade dispute, which had previously involved the United States and numerous global partners, into a bilateral conflict between the United States and China.Trump said that he's backing down on most nations' tariffs for 90 […]

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China, EU kick US in the teeth with retaliatory tariffs as Trump claims many countries are ‘kissing my a**’

[ad_1] Donald Trump (File photo- AP) The TOI correspondent from Washington : MAGA supremo Donald Trump claimed on Tuesday that many countries are calling him and "kissing my ass... dying to make a deal" after he unleashed a new tariff regime that by all accounts is starting to derail global trade and devastate economies worldwide, including in the US. The distasteful remark came even as universal Trump taxes on imports into US kicked in at midnight, with most diagnoses suggesting the US President has thrown sand in the global trading mechanism. Washington has imposed a minimum 10 per cent on imports from most countries, with a record 104 per cent on China and 27 per cent on India.Beijing retaliated within hours of Trump bumping up taxes on Chinese imports to 104 percent, announcing a 84 per cent levy on US […]

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Jamie Dimon: ‘Take a deep breath’: Jamie Dimon warns Trump’s tariffs could trigger US recession

[ad_1] File photo: JPMorgan Chase CEO Jamie Dimon (Picture credit: AP) JPMorgan Chase CEO Jamie Dimon on Wednesday warned that sweeping tariffs imposed by US President Donald Trump could push the US economy into a recession and unleash financial instability, as markets reel from the escalating trade war with China.According to Fox Business, Dimon said, “I think probably a recession is a likely outcome,” adding that recent steep market declines are deepening fears. “When you see a 2,000-point decline in the Dow, it sort of feeds on itself... it makes you feel like you’re losing money in your 401(k), you’re losing money in your pension. You’ve got to cut back,” he said.His comments come as China announced an 84% tariff on all US goods, up 50 percentage points from previous levels, in retaliation for Trump’s latest wave of import duties. […]

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Assam SEBA HSLC 2025 result NOT releasing on April 10: CM Himanta Biswa Sarma confirms delay

[ad_1] SEBA HSLC Result 2025 for class 10th likely to be released tomorrow. (Representative Image) Assam HSLC result 2025 : The long wait for thousands of students in Assam continues as the Assam State School Education Board (ASSEB) is expected to announce the HSLC 2025 results soon. However, in a recent update, Assam Chief Minister Himanta Biswa Sarma confirmed that the results will not be released tomorrow, April 10, as initially expected. He clarified on social media that once the results are ready, the board will announce them promptly.Candidates who appeared for the exam can expect their scores to be made available online once the official notification is issued. The revised timeline for the result release has yet to be confirmed by the board.The HSLC exams for the academic year 2025 were held between February 15 and March 3, with […]

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US treasury yield surged, futures drop sharply and global markets tumble as US-China trade war deepens

[ad_1] Global markets experienced significant declines on Wednesday as the US-China trade war escalated. China retaliated to US tariffs with an announcement of new levies of 84% on US goods, causing US equity futures to fall by 1.7%. European stocks also slumped, losing more than 4%, according to Bloomberg.The selloff continued as the yield on 30-year US Treasuries surged above 5% for the first time since November 2023, signalling growing concerns about the US bond market’s status as a safe haven. The surge in bond yields spread across global markets, with UK borrowing costs rising to their highest levels since 1998 and Japanese 40-year bond yields hitting a record peak. The US dollar weakened for a second consecutive day.“We’re well into an escalation phase in the trade war, and investors have nothing to hold onto at the moment,” said Alexandre […]

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China ‘bans’ export to these US technology companies starting April 10 to ‘safeguard national security and interests’

[ad_1] The tit for tat between the United States of America (USA) and China continues. In continuation with the same, China has announced an export ban on 12 American companies. In a statement, China's Ministry of Commerce, said, "In accordance with the relevant provisions of the Export Control Law of the People's Republic of China and the Regulations of the People's Republic of China on Export Control of Dual-Use Items, and in order to safeguard national security and interests and fulfill international obligations such as non-proliferation, it is decided to include 12 US entities including American Photonics Corporation in the export control list." The commerce ministry's statement further added, "This means that: One, the export of dual-use items to the above-mentioned 12 US companies is prohibited; any related export activities currently underway should be stopped immediately. Two, if export is […]

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