IMF head Kristalina Georgieva says a global recession is unlikely. This is despite trade tensions sparked by US tariffs. However, these trade disruptions will cost significantly. The IMF expects markdowns to global growth. Georgieva urges countries to adjust fiscal policy. She also wants central bank independence. China should boost domestic consumption. The US must address surging public debt.
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The 2025 Bharat Mobility Global Expo highlights a significant shift towards electric vehicles (EVs), with major launches from Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, and luxury brands like BMW and Mercedes-Benz emphasizing sustainability and green mobility. This aligns with the Indian government's push for EV adoption and infrastructural support.
Nagpur's municipal commissioner has issued an unconditional apology to the Bombay High Court's Nagpur bench following the demolition of riot accused Fahim Khan's home. The demolition occurred without adherence to Supreme Court procedures mandated in November 2024 for properties linked to suspects in communal violence. Commissioner Abhijeet Chaudhari admitted civic officials were unaware of the order.
Ukrainian special forces encountered North Korean soldiers in the Kursk region using self-detonation tactics. Over a dozen bodies were found, with one survivor detonating a grenade. Reports indicate around 11,000 North Korean troops supporting Russia, with a high casualty rate. This involvement increases scrutiny and concerns globally.
In Swaroop Nagar, Delhi, a man was arrested for allegedly killing his friend's seven-year-old daughter. The intoxicated suspect assaulted the girl when she repeatedly asked for the TV remote. He then strangled her to prevent her from revealing the incident. Parents are advised to avoid leaving young children unattended and to install security measures.
Prime Minister Narendra Modi co-chaired the AI Summit in Paris alongside President Macron, emphasizing the need for unbiased and democratic AI. Modi highlighted the significant impact of AI on the global economy, security, and society, and called for the establishment of global standards to address AI-related issues.
The tiny pocket in jeans, dating back to 1873, was originally designed for cowboys to store pocket watches safely. While wristwatches made it obsolete, the pocket remains an iconic symbol of traditional denim construction. Today, people repurpose it for small items, valuing its heritage and enduring style in a world of fast fashion.
Connor Gaydos, the new CEO of the relaunched Enron, known for the "Birds Aren't Real" theory, was recently pied in the face. The incident, captured on video, has gone viral, drawing comparisons to Bill Gates' similar experience. Gaydos' company acquired the Enron name in 2020, aiming for a revolutionary comeback after the company's infamous collapse.
Budget 2025 income tax expectations: With Budget 2025 approaching, individual taxpayers expect key changes, such as higher tax exemption limits, increased rebates, and enhanced standard deductions.
Maharashtra minister Dhananjay Munde resigned after CID filed charges linking his associate, Walmik Karad, to the murder of sarpanch Santosh Deshmukh. The case involves abduction, torture, and murder. The CID has filed a 1,200-page chargesheet, implicating Karad and others under the Maharashtra Control of Organised Crime Act.
Australian all-rounder Mitchell Marsh anticipates facing Jasprit Bumrah in the upcoming Brisbane Test. Marsh believes an aggressive approach is key against the world's best bowler. He also backed Steve Smith's return to form and emphasised Australia's focus on the present, aiming to build on their Adelaide victory and take a 2-1 series lead.