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Month: May 2025

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Donald Trump heads to the Gulf: How his family’s businesses are tied to the Middle East

[ad_1] File photo: US President Donald Trump (Picture credit: AP) President Donald Trump’s visit to Saudi Arabia, Qatar, and the United Arab Emirates this week is drawing renewed attention to the enduring business relationships between the Trump family and the Middle East.While the stated goal of the trip is to reinforce strategic partnerships and economic cooperation, observers suggest that personal and financial interests remain closely intertwined with official diplomacy.This is Trump’s first formal visit to the region in his second term, but it closely mirrors the beginning of his presidency in 2017 when his debut foreign trip was to Saudi Arabia. At that time, he was feted by Gulf leaders, and according to analysts, this latest tour could offer a similar atmosphere. “This is his happy place,” Jon B. Alterman of the Center for Strategic and International Studies told reporters, […]

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As AI grabs the reins of the job market, what human skills are still steering the chariot?

[ad_1] A resume generated in seconds. A promotion decision nudged by algorithms. A career path churned by machine logic. No, it is not a science fiction fantasy; it is a roaring reality of today's job market.As Artificial Intelligence quietly tightens its grip on the workforce, a silent crisis brims: In the rush to upskill and garner AI skills, are we losing sight of what truly means to be employable? Digital dexterity may be a trending keyword, but tech fluency cannot be a standalone criterion deciding your success. The myth that mastering tools equals mastering the future is fast collapsing under its own weight.Professionals are walking on a tightrope, haunted by the threat of automation and allured by its promise. But here's the truth: AI might open doors, but it cannot teach you how to walk through them with wisdom, resilience, […]

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Defence sector ETFs surge amid India-Pakistan tensions, Groww, Motilal Oswal ETFs lead with 7% gains

[ad_1] Defence sector-based Exchange-Traded Funds (ETFs) have seen impressive growth, with returns up to 7% in the past two weeks, fueled by heightened India-Pakistan tensions. This surge comes amid increased investor interest in defence stocks, which are typically considered resilient during periods of geopolitical instability.Groww Nifty India Defence ETF and Motilal Oswal Nifty India Defence ETF both delivered solid returns of 6.73% and 6.74%, respectively, during the period. Meanwhile, Groww Nifty India Defence ETF Fund of Funds (FoF) outpaced them with a gain of 7.10% in the same timeframe, according to an ET report.These ETFs are benchmarked against the Nifty India Defence TRI, which recorded a 6.75% increase over the same period. The uptick in returns follows reports that the Indian government is meeting with defence manufacturers next week, sparking optimism around military procurement and defence sector growth.In the past […]

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‘If Thomson don’t get ya, Lillee must’: DGMO on how India’s multi-layered defence system repelled Pakistan attack | India News

[ad_1] Crater at Rahim Yar Khan airbase (left), DGMO Lieutenant General Rajiv Ghai (centre), strike at Nur Khan airbase (right) NEW DELHI: In a powerful statement highlighting the robustness of India's air defence capabilities, DGMO Lieutenant General Rajiv Ghai invoked a cricket analogy from the 1970s to emphasise how India’s sophisticated, multi-layered defence system successfully repelled Pakistani aerial attacks. The military also presented striking visuals of the Rahim Yar Khan airbase, showing a massive crater caused by Indian missile strikes, alongside images of Nur Khan airbase, underscoring the significant impact of the Indian Air Force’s precision strikes."In the 1970s, during the Ashes between Australia and England, two Australian bowlers destroyed the batting lineup of England, and then Australia gave a proverb - 'Ashes to ashes, dust to dust, if Thommo don't get ya, Lillee must'. If you see the layers, […]

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German FM visits Israel, doubts military solution for Gaza | World News

[ad_1] German FM visits Israel, doubts military solution for Gaza (Photo: AP) Germany's newly-appointed foreign minister Johann Wadephul said on a visit to Israel that the conflict in Gaza cannot be solved through military actions, stressing he supports a political solution.Wadephul said that Gaza is part of the Palestinian territory. He expressed doubts over Israel's conduct in the Gaza war and whether it serves Israel's security.Earlier this week, Israel's far-right finance minister Bezalel Smotrich had said that he expected that Gaza's population would be confined to just a narrow swath of land within the next six months, with the remainder of the enclave "totally destroyed."What did Wadephul say?Wadephul said Berlin would hold its commitment to guarantee Israel's security, reminding that it was Germany's "reason of state."He nevertheless noted that there is still room for criticism among friends, adding that this […]

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ICAI reschedules CA Inter, Final, and INTT–AT exams for May 2025; check official notice here

[ad_1] Revised ICAI exam dates announced for CA Final and Intermediate May 2025 ICAI May exam 2025 reschedule: The Institute of Chartered Accountants of India (ICAI) has released a revised schedule for the Chartered Accountants Final, Intermediate, and International Taxation – Assessment Test (INTT–AT) examinations for May 2025.The rescheduling comes in light of favourable developments in the security situation across the country, allowing the institute to conduct the exams with improved logistical assurance.According to the official notification dated May 10, 2025, the exams that were originally planned between May 9 and May 14, 2025, have now been deferred and will be conducted between May 16 and May 24, 2025. The revised schedule affects candidates appearing for the CA Final Group II, CA Intermediate Group II, and the INTT–AT exams. The exams will be held at the same centres and during […]

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Bank Holidays in May 2025: Are banks closed today for Buddha Purnima? Check state-wise closure list | India News

[ad_1] Bank holiday on Buddha Purnima: Banks will remain shut in multiple parts of India today, May 12, on the occasion of Buddha Purnima, according to the Reserve Bank of India’s calendar.This closure applies to cities and states including Agartala, Aizawl, Belapur, Bhopal, Dehradun, Imphal, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, Srinagar.Banks also remained closed over the weekend on 10 and 11 May. Regular operations will resume from Tuesday, May 13 in these states.All public and private sector banks in these regions will have over-the-counter services, such as cash deposits, cheque clearances, and account-related transactions, shut for the day. However, customers can still access essential services through digital platforms.Internet banking, mobile apps, and ATMs will function as usual, allowing users to carry out fund transfers, bill payments, and cash withdrawals without disruption.Here is a list […]

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Tata Electronics looks to double Apple iPhones enclosures production in India to one lakh

[ad_1] Apple's India-based suppliers are actively pursuing the manufacturing opportunity. (AI image) Tata Electronics is substantially increasing its iPhone enclosure manufacturing capacity at their Hosur facility, according to sources familiar with the matter. The production expansion initiative by Tata Electronics aligns with recent declarations from Apple CEO Tim Cook regarding India's future role as the primary manufacturing destination for US-bound iPhones."For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin," Cook said during Apple's Q1 earnings call on May 1."Tata Electronics is looking to double its existing capacity of around 50,000 enclosures," one person told ET. "The ramp-up will likely take place ahead of the product launches that Apple does around September every year. This is Phase II of the build-out at the Hosur facility."The source indicated […]

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‘Deeply irresponsible’: NCW condemns online abuse against Vikram Misri and his daughter | India News

[ad_1] Foreign secretary Vikram Misri NEW DELHI: The National Commission for Women on Monday strongly condemned the online abuse directed at the family of foreign secretary, Vikram Misri, especially his daughter, and said that sharing her number online is a "gravely irresponsible act."Vikram Misri is currently facing social media trolls after he announced India and Pakistan's ceasefire. The trollers also shared Misri's number in the online space. Several civil service associations and political leaders came in his support. The NCW, in a statement, said, "The National Commission for Women strongly condemns the deplorable online abuse directed at the family of India’s Foreign Secretary, Mr. Vikram Misri, especially his daughter. Sharing the personal contact details of the Foreign Secretary’s daughter is a gravely irresponsible act. It is a serious breach of privacy and poses a threat to her safety."The commission also […]

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As oil prices fall can Gulf big spenders keep Trump pledges?

[ad_1] Representative image (AP) Almost every month, there's another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to over $600 billion (€530 billion) in the next four years. US President Donald Trump himself then suggested that the sum could be as high as $1 trillion (€884 billion). And recent reports suggest the US will soon offer Saudi Arabia an arms package worth over $100 billion.Not to be outdone, the United Arab Emirates followed up with announcements in March that they'd be spending more than $1.4 trillion in the US over the next 10 years. Analysts say the pledge, which will focus on artificial […]

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