India’s economy may grow up to 6.8% in FY27 as domestic demand stays resilient: EY

India’s economy is expected to grow 6.6-6.8% in FY27, with easing global energy prices and the normalisation of shipments through the Strait of Hormuz likely to improve growth and inflation prospects India’s economy is expected to grow 6.6-6.8% in the current financial year, with easing global energy prices and the normalisation of shipments through the…

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‘100% tariff will supersede trade deals’: Trump threatens countries planning digital services tax on US firms

US President Donald Trump on Friday warned that any country imposing a Digital Services Tax (DST) would face 100% tariffs on exports to the United States warning that such duties would override existing trade agreements. Escalating his trade offensive against digital taxes targeting American companies, US President Donald Trump on Friday warned that any country…

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86-year-old Canadian woman loses $900,000 in AI crypto scam she found on Facebook; friend says she nearly took her own life

Judy Skene who lost $900,000 in a fake crypto platform scam An 86-year-old Ontario woman has lost more than $900,000 after falling victim to a cryptocurrency scam that used a deepfake video of Prime Minister Mark Carney to lure investors online.Judy Skene, from Sault Ste. Marie, says she first came across the fraud scheme in…

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African proverb of the day: ‘He who eats another man’s food will have his food eaten by others’ teaches us about life’s balance, ultimate karma

Today’s African proverb of the day is on ultimate karma. Though oftentimes we tend to believe that life is unfair and there is no natural justice, old sayings like this restore our faith in the ultimate karma, which is how life balances itself. This African proverb is believed to have its origin in the Swahili…

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Illegal immigrant in US sentenced to 8 years for helping businesses hire undocumented workers, defrauding government of $38 million

Mario Flores conspired with his lover and others to set up shell companies in Orlando, Florida A Honduran national living US illegally has been sentenced to eight years in prison for his role in a multimillion-dollar payroll tax fraud scheme deprived the US government of tens of millions of dollars, reports the New York Post.Mario…

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Volkswagen considers 4 factory closures, 1 lakh job cuts amid China competition, tariff pressure: Report

The logo of German car manufacturer Volkswagen is pictured at Volkswagen’s transparent factory in Dresden, Germany, on May 14, 2025. (AP-Photo) Volkswagen is considering closing four factories in Germany and increasing planned job cuts to as many as 1,00,000 (1 lakh) in what could become the biggest restructuring in the company’s history as the automaker…

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Europe on red alert as record heatwave pushes health systems to brink

Paris recorded a June high of 40.9 degrees Celsius on Wednesday. Health authorities across Europe remained on high alert Friday as an unprecedented heatwave continued to sweep across the continent, forcing governments to introduce emergency measures ranging from alcohol restrictions and event cancellations to transport advisories.Scientists described the spell of extreme weather, which began on…

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Uber India president Prabhjeet Singh steps down after over a decade with company

An Uber spokesperson said Prabhjeet Singh is leaving the company to pursue another leadership opportunity. Uber India and South Asia President Prabhjeet Singh has stepped down after more than a decade with the ride-hailing company, the company confirmed on Thursday, PTI reported.An Uber spokesperson said Singh is leaving the company to pursue another leadership opportunity.“We…

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