Technology stocks tumbled as President Trump's new tariff policies incited market panic, with Apple leading the sharp decline at nearly 9%. The Nasdaq Composite fell over 5%, its worst performance in five years. Trump imposed tariffs on imports, including a 34% tax on China, escalating fears of a global trade war.
Related news
The Times of India Gadgets Now Awards 2023 winners were announced in Gurugram. Industry leaders and notable personalities attended the event, presenting awards across 21 categories. Highlights included Apple iPhone 16 Pro winning Best Smartphone of the Year, and Google Pixel 9 Pro XL recognized as the Best AI-powered Gadget.
Indian cricketer Hardik Pandya seems to have made his romance with Jasmin Walia official. Jasmin was seen cheering for Hardik from the stands during the India vs Australia match. Hardik's performance, including smashing back-to-back sixes, helped India secure a win. The couple gained attention after Hardik's recent divorce from Natasa Stankovic.
Indian Railways aims for a diversified energy strategy focused on nuclear, solar, hydropower, wind, and thermal sources to meet its net zero 2030 initiative. By 2025-26, 95% of trains will operate on electricity, significantly reducing carbon emissions and diesel expenditure.
Ben Affleck feels happier since finalizing his divorce from Jennifer Lopez two months ago. They remain in touch for their children's school matters but maintain some distance. Affleck and his ex-wife Jennifer Garner were seen enjoying time together at their son Samuel's birthday celebration.
The office of New Zealand's foreign minister Winston Peters declared that high commissioner Phil Goff's position was "untenable" following his comments at a London panel discussion.
Kansas City Chiefs tight end Travis Kelce is preparing for a post-NFL career and a future with Taylor Swift. With Swift planning to move to Nashville, Kelce may consider retiring after his contract ends in 2027, especially if the Chiefs win another Super Bowl, to start a family with her in Nashville.
Gaurav Taneja, known as Flying Beast on YouTube, appeared on Shark Tank India to pitch his supplements brand, BeastLife. Despite his company's initial success, the sharks doubted his dual-focus strategy. Anupam Mittal questioned his commitment, while Taneja raised concerns about the show's diminishing impact in a LinkedIn post.
The appointment of Indian-origin entrepreneur Sriram Krishnan to a key AI advisory role in the Trump administration has sparked controversy and racist attacks online. Elon Musk supported Krishnan and condemned the racist post. Musk emphasized his respect for immigrants contributing to America, while social media users reacted strongly, both condemning the racism and mocking the situation.
At Saturday Night's Main Event, Kevin Owens brutally attacked Cody Rhodes after their match, stealing the iconic Winged Eagle WWE Championship. Triple H, WWE's COO, confronted Owens and had a heated altercation with the former WWE Champion, sparking rumors of a potential in-ring return for the King of Kings, Triple H.
The Union Ministry of Labour and Employment has urged Karnataka to investigate layoffs of trainees at Infosys' Mysuru campus, following complaints. Infosys terminated around 350-400 trainees for failing three internal tests. The Nascent Information Technology Employees Senate (NITES) challenges these layoffs, while Infosys emphasizes their adherence to performance standards and provided support for separated employees.