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Month: May 2025

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US to lose billions? Weakening travel demand could cost economy, warn analysts

[ad_1] AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration's trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment may be contributing to a decline in international tourism, which is a key service export. Both Goldman Sachs and JP Morgan estimate that reduced foreign travel expenditure could lower US GDP by 0.1 per cent this year, with potential impacts reaching 0.2 to 0.3 per cent. LSEG analytics data shows that US GDP reached $23.53 trillion in the first quarter of 2025, suggesting that the losses could range from $23 billion to $71 billion, based on Reuters' calculations. Delta Air Lines reported last month that […]

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Analysts predicted Albanese victory in 2025 elections, highlighted Dutton’s ‘Trump-lite’ policies led to his defeat

[ad_1] Anthony Albanese (left) gained a massive victory in the recent elections defeating Peter Dutton (right) (Image: AP) Australian prime minister Anthony Albanese of the Labor party has gained a massive victory in the recently conducted national elections 2025. He had defeated Liberal party candidate Peter Dutton. Albanese is set to lead his second-term government in Australia. Albanese has been very critical of the Trump administration’s tariff policy. In a television debate, Albanese criticised Trump’s tariffs, calling them an act of “economic self-harm” and “not the act of a friend. “He has different views, different values, I support free and fair trade. He doesn't", the Australian PM added. According to the analysts, Trump's harsh trade tariffs may have helped Australia's left-leaning prime minister score a resounding election victory on Saturday.Academicians noted that in Australian elections, US president Trump was not […]

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Bank of Baroda recruitment 2025: 500 office assistant posts available, apply by May 23

[ad_1] Bank of Baroda recruitment 2025 Bank of Baroda recruitment 2025: Bank of Baroda has announced the recruitment of 500 office assistants for the year 2025. The recruitment process will begin on May 5, 2025, and eligible candidates can apply until May 23, 2025. The positions are open to individuals who meet the eligibility criteria, which includes passing the 10th standard and proficiency in the local language of the respective state or Union Territory.The bank is inviting applications from candidates who are interested in joining the public sector and working in various locations across India. The application process will be conducted online, and candidates can submit their applications through the official Bank of Baroda website, bankofbaroda.in.Eligibility criteria for applicantsCandidates interested in applying for the office assistant positions must fulfil the following eligibility criteria:Educational qualification: Applicants must have passed at least […]

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‘BJP regime fears questions’: CM Stalin takes shot at Centre over India’s rank in Global Press Freedom Index

[ad_1] NEW DELHI: Tamil Nadu chief minister MK Stalin on Saturday launched a scathing attack on the BJP-led Union government, accusing it of cracking down on journalism and eroding press freedom in India.Taking to social media platform X on World Press Freedom Day, Stalin drew attention to India’s poor showing in the Global Press Freedom Index, where the country is ranked 151.“India has plunged to 151 in the Global Press Freedom Index. Why?” he asked, questioning the BJP’s alleged role in the decline.The DMK chief accused the BJP government of silencing voices that challenge its authority. “Because the BJP regime fears questions. It raids newsrooms, jails reporters, and silences those who expose corruption, rights violations, and its majoritarian agenda,” he said.Stalin framed the decline in press freedom as a danger to democracy, calling for stronger protection for journalists and citizens […]

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Caught on camera! Ashish Nehra’s ‘secret signals’ to Mohammed Siraj and Prasidh Krishna – WATCH | Cricket News

[ad_1] Mohammed Siraj and Prasidh Krishna (AFP Photo) NEW DELHI: Gujarat Titans strengthened their playoff chances with a commanding 38-run win over Sunrisers Hyderabad in their IPL 2025 clash on Friday. Batting first, skipper Shubman Gill led the charge with a blistering 76 off 38 balls, while Jos Buttler added a quickfire 64 from 37 deliveries, powering GT to a formidable 224/6.Sai Sudharsan also made a valuable contribution with 48 off 23, sharing a 87-run opening stand with Gill in just 6.5 overs.Chasing 225, Abhishek Sharma gave SRH a strong start with a 74-run knock, but Gujarat’s bowlers, backed by animated inputs from head coach Ashish Nehra from the dugout, restricted them to 186/6.Also See: RCB vs CSK IPL Live ScoreNehra was seen using hand signals to direct bowlers Mohammed Siraj and Prasidh Krishna—urging them to bowl bouncers and target […]

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‘Trade should not be a weapon’: Warren Buffett warns US against weaponizing trade at 2025 Berkshire AGM

[ad_1] Warren Buffett (File photo) Warren Buffett used the spotlight at the 2025 Berkshire Hathaway Annual Shareholders Meetingto issue a pointed warning: “Trade should not be a weapon.” Reaffirming his globalist economic philosophy, the legendary investor defended his 2003 “import certificates” idea while criticizing rising protectionist sentiments and tariffs, which he now views as acts of “economic war.”Buffett’s comments came in response to a shareholder question referencing his 2003 Fortune article, where he had proposed a trade-balancing mechanism involving import certificates.Speaking to thousands gathered in Omaha, he clarified the distinction “The import certificates were distinct [from tariffs], but their goal was to balance imports against exports so that the trade deficit would not grow in an enormous way.”He emphasized that the core intent was to promote balanced global trade while including safeguards to support developing economies:“They had various other provisions […]

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‘Born to serve J&K police and my country’: Cop, family spared deportation to Pakistan after HC steps in | India News

[ad_1] NEW DELHI: “I am born to serve the Jammu and Kashmir Police and my country, India,” said 45-year-old policeman Iftkhar Ali on Saturday, days after he and his eight siblings narrowly escaped being deported to Pakistan. The intervention of the Jammu & Kashmir and Ladakh high court saved them from being sent across the border, a move Ali called a “conspiracy” rooted in false claims about their nationality.Ali, a resident of Salwah village in Mendhar sub-division near the Line of Control in Poonch district, has served in the police force for 27 years, earning multiple commendations for his dedication and bravery. “I have served all the wings in the police department over the past 27 years, which is evident from the scars on my body, and the citations and rewards which I have received from the department for shedding […]

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Bill Gates daughter tells what her mother Melinda Gates told her when she called her crying after facing constant question on having kids

[ad_1] Credit: Instagram/@phoebegates Microsoft co-founder Bill Gates’ daughter, Phoebe Gates, has shared a piece of advice that she got from her mother, Melinda French Gates, about tackling investors. The 22-year-old co-founder of fashion pricing startup Phia got this advice from her mother after she faced queries from potential investors about her future motherhood. While raising funds for Phia with co-founder Sophia Kianni, Gates was asked what would happen if they decided to have children. On the Call Her Daddy podcast, Phoebe shared that this line of questioning prompted a call to her mother. She noted that her mother’s reply was: "Get up or get out of the game, sis."Phoebe Gates names the most common bias in venture capitalAccording to a report by Benzinga, both founders said that these inquiries expose a persistent bias in venture capital. “Always children,” Gates said […]

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India may gain as US-China trade tensions push automakers to diversify: Report

[ad_1] As trade tensions between the US and China continue, global automakers are likely to seek alternative suppliers, potentially benefiting Indian auto component manufacturers, according to a report by Nomura, cited by news agency ANI. The report notes that rising tariffs on Chinese imports are expected to raise vehicle prices in the US, which may dampen short-term demand. However, this could prompt global Original Equipment Manufacturers (OEMs) to diversify their supply chains. “Indian auto part suppliers may stand to gain as OEMs look for reliable alternatives,” the report claimed. While Indian manufacturers could benefit from this shift, the US continues to impose a 25 per cent tariff on Indian automobiles and auto components under President Donald Trump's reciprocal tariff regime. These duties affect a range of products including wire harnesses, seat components, tyres, fuel pumps, vehicle bodies, bumpers, and cockpit […]

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PM Modi, J&K CM Omar Abdullah hold talks in Delhi; discuss J&K security in first meeting since Pahalgam terror attack | India News

[ad_1] PM Modi with Omar Abdullah (Photo posted by JKNC on X) NEW DELHI: Jammu and Kashmir chief minister Omar Abdullah met with Prime Minister Narendra Modi in Delhi on Saturday for a 30-minute discussion at the prime minister's residence, officials confirmed, as quoted by news agency PTI.During their first meeting since the April 22 terror attack, they addressed several matters, including the attack in Pahalgam that claimed 26 lives, predominantly tourists.Further confirming the meeting, JKNC made a statment on X saying, "Honourable Chief Minister J&K Omar Abdullah called on the Honourable Prime Minister Narendra Modi in New Delhi and discussed various issues, including last week’s Pahalgam Terror Attack."Few days back, the J&K CM had made a powerful statement saying that he will not use the Pahalgam attack to push for statehood. Choking back tears in a charged assembly session […]

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