Canberra, Apr 7 (UNI) Australia’s opposition party has abandoned its plan to end work-from-home arrangements for public servants and cut 41,000 bureaucracy jobs, in a major policy reversal ahead of the general elections. Peter Dutton, leader of the opposition Coalition, announced the policy shift on Monday, admitting the party “made a mistake” and “got it…
New York, Apr 7 (UNI) Following US President Donald Trump’s ‘reciprocal tariffs’ and China’s aggressive response, global markets plummeted to an all-time low, as the shockwaves triggered from the trade war between the two largest economies of the world had massive international repercussions, with Asian markets tanking. According to CNN, Germany’s Dax opened down 9%,…
Dhaka, Apr 7 (UNI) With the country hit by sluggish economic growth and instability, Bangladesh Chief Advisor Mohammed Yunus has written to US President Donald Trump asking for a three-month reprieve from the massive 37% tariffs slapped on exports to the US. In addition, he offered a 50% cut in Bangladesh import duties on all…
Kolkata, Apr 07 (UNI) Axis Bank has introduced an industry-first ‘In-App Mobile OTP’ feature on its mobile app, ‘open’, to enhance authentication security and protect customers from rising OTP-related frauds and scams. This innovative feature eliminates dependence on telecom networks by generating time-based one-time passwords (TOTP) directly within the app, instead of sending OTPs via…
Mumbai, Apr 7 (UNI) The equity market crashed on Monday as the BSE Sensex slumped 2226.79 pts to settle at 73,137.90 amid global tariff tension and growing recession concerns in the US. The National Stock Exchange (NSE) fell 742.85 pts at 22,161.60. The day opened on a negative note at 71,449.94, falling 3915 pts. During…
Mumbai, Apr 7 (UNI) The rupee on Monday dropped 60 paise to close at 85.84 against USD, on brisk selling of US dollars from foreign banks and exporters, dealers at the Forex Market said. The local unit slid 42 paise at 85.65 in the opening session. Till the end of the session, it had slumped…
New Delhi, Apr 7 (UNI) The Supreme Court on Monday agreed to list for hearing a batch of petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025, which recently received Presidential assent. The matter was mentioned before a bench of Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar. Senior Advocate Kapil…
Mumbai, Apr 7 (UNI) Opening after a gap of two days, India’s stock market on Monday witnessed a massive crash as the benchmark indices continue to reel under the disastrous impact of US President Donald Trump’s ‘reciprocal tariffs’ announced on April 2. The BSE Sensex dived by over 2226 points or 2.9 percent while the…
New Delhi, April 7 (UNI) The government on Monday assured of no hike in diesel and petrol prices as a result of Rs 2 per litre increase in excise duty on both the key fuels but announced that LPG price for consumers would go up by Rs 50 per cylinder. “The price of 14.2 kg…
New Delhi, Apr 7 (UNI) The Government on Monday hiked Excise Duty on Petrol and Diesel by Rs 2 per litre with effect from April 8, but the retail prices will not be increased despite changes in the excise duty. “PSU Oil Marketing Companies have informed that there will no increase in retail prices of…
