In a significant move to strengthen trade ties with the United States,
India has reportedly proposed a "zero-for-zero" tariff offer on select American imports, including steel, auto components, and pharmaceuticals. Watch in for more details!

India offers tariff cut in US trade talks

Loss in tax revenue could mean increase in budget deficit
IRS downsizing due to DOGE's plan to cut the workforce
Departure of auditors could result in deeper revenue losses
IRS faces Tax Day with staff cuts raising cheating concerns

The Internal Revenue Service (IRS) in the U.S. has lost 31 percent of its auditors due to buyouts and layoffs associated with Elon Musk's Department of Government Efficiency (DOGE).
This will make it harder for the agency to pursue tax evaders.

US DOGE hits IRS' auditors

Private equity is booking big returns in travel—
and not just on five-star getaways. From luxury hotels to budget tours, investors are moving fast to cash in on the sector’s post-pandemic revival.
But what’s driving the surge, and where’s the money really going?
That's what this next report decodes.

Tourism gets a private equity boost

As Donald Trump floats the idea of a 100% tariff on foreign entertainment, fans of international content may be forced into a real-life cliffhanger.

Foreign shows face 'tariff' tension

A tragic incident occurred off the coast of California as a boat carrying migrants overturned, resulting in 3 deaths, 4 injuries, and 7 people still missing. The boat was reportedly carrying migrants, including two Indian children who are among those missing.

California boat tragedy: 3 dead, 7 missing as migrant boat capsizes

Taiwan's markets got a jolt as the country's currency surged the most since the 1980s in a two-day wild rally. While the dollar's fall was also attributed to the Taiwanese currency gains, speculation that officials would allow the domestic currency to appreciate to get a trade deal with the U.S. was the bigger reason.

Taiwan's currency surges most since 1980s

The Indian Ministry of Home Affairs has directed several states to conduct civil defense mock drills on the 7th of May and this is to assess preparedness in the event of a hostile attack.

India-Pak tensions: Home Ministry directs several states to conduct mock drills on May 7

Asian markets fell on Tuesday to mirror U.S. stock fall overnight. Wall Street stocks halted a historic winning run on Monday. Investors are worried about the effects of President Trump's trade war on companies' bottom lines and the economy. Watch in for more details!

Wall Street stocks fall after historic run

The Met Gala 2025 saw a stunning display of Indian fashion and culture, with Bollywood stars Shah Rukh Khan, Kiara Advani, and Diljit Dosanjh making a grand impact on the global stage. From regal turbans to symbolic motherhood fashion, India's celebrities brought their A-game to the Met Gala carpet.

Met Gala 2025: Diljit Dosanjh brings regal vibe to Met Gala carpet

Met Gala 2025: Indian stars Shah Rukh Khan, Kiara Advani, & more shine bright at fashion fest

Crude oil prices experienced a significant decline, falling below $60 per barrel briefly -- this was following OPEC+'s announcement to increase production by 411,000 barrels per day starting in June. This move comes after a similar increase in May and has raised concerns about a potential oversupply in the market.

Brent trades around $60 after OPEC decision

Crude oil dips below $60 amid OPEC+ move

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