Latest News, Updates & Breaking Headlines
Emma Walmsley (Photo credit- AP) British drugmaker GlaxoSmithKline (GSK) on Monday (British time) announced that Emma Walmsley will step down as chief executive in January after nearly nine years at the helm, making way for chief commercial officer Luke Miels to take charge.The leadership transition comes at a critical juncture for the pharma giant, which…
US President Donald Trump continued his series of tariffs on Monday (local time), with the latest move impacting lumber and home renovation products from October 14.The White House said a 10% global tariff will be applied to softwood lumber imports. At the same time, upholstered furniture will face a 25% global tariff, rising to 30%…
International travellers will now be able to submit their arrival details online as Delhi airport rolls out a new E-Arrival Card system from October 1.This procedure will replace the traditional paper form filling method.The airport operator, Delhi International Airport Ltd (DIAL), said the digital system will speed up immigration, reduce queues, and cut paper usage,…
The IMF on Tuesday began formal discussions with Pakistan’s economic officials to review the implementation of a $7 billion loan and a $1.1 billion Resilience and Sustainability Facility (RSF).The review comes as Pakistan’s performance under the programme up to June 2025 has been uneven, Dawn reported according to news agency PTI.Although the power sector targets…
The United States maintains a unique system where gold is held directly by the government rather than the central bank. (AI image) Gold prices have been reaching new lifetime highs and the value of gold reserves with countries is surging as well! The US Treasury’s gold reserves have crossed $1 trillion in value, marking a…
US President Donald Trump’s former national security advisor John Bolton has sharply criticised his decision to impose additional tariffs on India for purchasing Russian oil.Bolton said, “Trump wanted to do was talk about trade. The bigger strategic picture was lost.”“I think he’s just done it again by sanctioning India for purchasing Russian oil and gas,”…
Tata Capital, the largest IPO of this year, announced the price band for its long awaited initial public offering, at Rs 310-326 per share for the Rs 15,512-crore issue.The pricing comes as a surprise, as it is less than half the stock’s last traded level in the unlisted market where it was trading at Rs…
The US aviation sector would be hit by the federal government’s partial shutdown as key airline staff would be forced to work without pay while other functions would also come to a halt.Airlines for America, which represents major carriers including United, Delta, American and Southwest, said that a lapse in funding would impact travelers as…
Gold and silver hit record highs on Tuesday as investors sought safe-haven assets amid concerns over a potential US government shutdown and expectations of further interest rate cuts by the Federal Reserve. The US government shutdown risk intensified after talks between President Donald Trump and congressional leaders failed to reach an agreement on short-term funding….
The government is considering whether to extend the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh government employees have opted.Several employees’ associations have written to the cabinet secretary, seeking a two-month extension to allow more staff to switch from the National Pension Scheme (NPS) to the UPS…
