March 29, 2025 8:37 AM

Elon Musk Sells X to xAI in $33 Billion Deal

Tech billionaire Elon Musk has sold social media site X to his own xAI artificial intelligence company in a 33 billion US dollars deal, the billionaire announced last night. Musk said in a social media post that the move will unlock immense potential by blending xAI's advanced AI capability and expe...

March 28, 2025 9:34 PM

Earthquake: Atleast 144 killed, over 700 injured in Myanmar; Strong tremors in Thailand

In Myanmar, 144 people have died, and 732 have so far been injured, following a powerful 7.7 magnitude earthquake that struck Myanmar and Thailand this afternoon. The head of Myanmar's military government, Min Aung Hlaing, in a televised speech this evening, said that 96 people have died in Nay Pyi ...

March 28, 2025 7:44 PM

Release of 500 Indian prisoners by UAE reflects strong bilateral ties

  UAE has pardoned 500 Indian prisoners ahead of Ramzan, reflecting the strong bilateral ties between India and the Gulf nation. The Narendra Modi government’s proactive and sustained diplomatic efforts have facilitated the release and pardon of thousands of Indian nationals across various count...

March 28, 2025 7:25 PM

Nepal: Clashes between police & supporters of pro-monarchy in  Kathmandu

Supporters of pro-monarchy in Nepal clashed with police during a rally in Kathmandu for the restoration of the abolished monarchy. The demonstrators breached the prohibited area at Tinkune and torched some houses. They also vandalised private property. As the pro-monarchy demonstration moved towards...

March 28, 2025 6:55 PM

Fresh Israeli attacks on Beirut since ceasefire  

  Israel has launched an attack on the Lebanese capital, Beirut, for the first time since a ceasefire ended the latest Israel-Hezbollah war in November. According to media reports, Beirut heard a large boom and witnessed smoke rising from the area that Israel's military had vowed to strike. On the...

March 28, 2025 5:52 PM

Heavy air strikes by US on Houthi-controlled parts of Yemen

The US military carried out more than 40 air strikes on Houthi-controlled parts of Yemen today. According to media reports, the strikes hit Sanaa International Airport, military sites, and other areas in the north. One person was injured. Residents said the strikes on a military camp in central S...

March 28, 2025 1:03 PM

Sri Lanka Weighs Options for State-Owned Enterprise Reform

Sri Lanka’s government is considering multiple options to restructure state-owned enterprises; however, there is no fixed model in place. Speaking at an investment forum yesterday, Sri Lanka’s Deputy Minister of Economic Development Anil Jayantha Fernando said that alternatives such as privatiza...

March 28, 2025 11:52 AM

Morgan Stanley: India, Japan least exposed to US trade tariffs

In a recent report, Morgan Stanley said India and Japan are the least exposed to US trade tariffs. The study highlights that India's lower reliance on goods exports to GDP helps shield its economy from global trade pressures. Recently, the US has imposed a 25 per cent tariff on auto imports, which i...

March 28, 2025 11:13 AM

U.S. halts WTO contributions amid Trump’s push for spending cuts

The United States has halted its contributions to the World Trade Organization (WTO) as part of a broader effort by President Donald Trump's administration to cut government spending.    The move is in line with Trump's "America First" economic policies, which have led to reduced U.S. engage...

March 28, 2025 11:02 AM

Chief Adviser Muhammad Yunus meets Xi Jinping, secures duty-free access until 2028

In China, Chief Adviser of Interim Government of Bangladesh Professor Muhammad Yunus held bilateral talks with Chinese President Xi Jinping in Beijing this morning. During the meeting at the Great Hall of the People, they discussed issues related to bilateral interest.   Prof Yunus will also ...