India needs ‘eight to 10’ large banks, Axis Bank CEO says
The country currently has 12 state-run banks and 21 large and mid-sized private banks India will need “at least eight to 10” large banks to support economic growth as consolidation gathers…
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Culture
Citi downgrades European equities to neutral after Trump’s tariff threats
Citi downgraded continental Europe on Tuesday to “neutral” for the first time in over a year, saying the latest step-up in transatlantic tensions and tariff uncertainty dented the…
How Europe could ‘weaponise’ US$10 trillion of US assets over Greenland
The most tangible reaction from the EU so far has been a proposal to halt approval of its July trade deal with America As Europe considers how best to respond to US President Donald…
MSCI rule shift may spur US$2 billion exit from Indonesian stocks
Global funds may withdraw more than US$2 billion from Indonesian equities in coming months if MSCI proceeds with a change to its indexing methodology, underscoring concerns about the…
Youngkin’s ‘Common Sense’ Legacy in Virginia
Glenn Youngkin’s single term was easily one of the most successful of any governor in recent memory. Source link
Mapletree Investments, MPACT appoint SP Group to build district cooling system at HarbourFront
It will reduce operating costs and carbon emissions, while freeing up space for operational or commercial use Mapletree Investments and Mapletree Pan Asia Commercial Trust (MPACT) have…
South Korea kicks off AI Squid Game in bid to compete with US, China
The state-backed survival contest aims to find the best indigenous artificial intelligence models Late last year, more than a thousand people converged in Seoul’s convention centre as…
Judge refuses to block new DHS policy limiting Congress members' access to ICE facilities
A federal judge refused Monday to temporarily block the Trump administration from enforcing a new policy requiring a week's notice before members of Congress can visit immigration…
Trump's non-endorsements in Senate races reflect long-held grievances
President Trump has endorsed all but three of the 22 Senate Republicans running for reelection in 2026, notably leaving out incumbents who have crossed him. Source link
Oil steadies as Iran supply fears ease and Greenland moves into spotlight
Oil prices steadied on Monday as civil unrest in Iran subsided, reducing the likelihood of a US attack that could disrupt supplies from the major producer, while market-watchers turned…
Pennsylvania Gov. Shapiro says Harris camp quizzed him on whether he had been Israeli double-agent
Pennsylvania Gov. Josh Shapiro said the Harris campaign asked whether he had ever served as a "double agent for Israel" during the vice-presidential vetting process, offering an inside…
'60 Minutes' airs report on Trump deportations that was suddenly pulled a month ago
"60 Minutes" on Sunday aired its story about Trump administration deportations that was abruptly pulled from the newsmagazine's lineup a month ago, a move that had triggered an internal…
How lawmakers salvaged the spending process after a record government shutdown
Congress is on track to pass full-year funding for at least 11 of the 12 annual spending bills nearly a third of the way into the fiscal year. Source link
Christian leaders urge the protection of worshippers' rights after protesters interrupt service
Several faith leaders called urgently for protecting the rights of worshippers while also expressing compassion for migrants after anti-immigration enforcement protesters disrupted a…
Republican state AGs use MLK holiday to dismantle affirmative action, DEI policies
Texas Attorney General Ken Paxton and Florida Attorney General James Uthmeier each announced opinions Monday declaring affirmative action and DEI policies to be forbidden in their states…
House Speaker Mike Johnson says he doesn't see 'any necessity' for war with Iran
House Speaker Mike Johnson does not see the U.S. going to war against Iran, despite President Trump threatening military intervention if Tehran executes protesters. Source link
Schmitt proposes bill to make it easier to revoke citizenship of fraudsters after Minnesota scandal
Sen. Eric Schmitt wants to make it easier for the U.S. to revoke the citizenship of individuals who defraud the government in response to the Somali-led organizations in Minnesota that…
Appeals court revives case challenging Pelosi's COVID-era proxy voting scheme
A federal appeals court said Thursday it will revisit the legality of former House Speaker Nancy Pelosi's COVID-era proxy voting system and erased a ruling that had upheld the scheme as…
The current U.S. political climate is spurring a 'reclaim' and rallying on the MLK holiday
As communities across the country on Monday host parades, panels and service projects for the 40th federal observation of Martin Luther King Jr. Day, the political climate for some is more…
As faith in the U.S. fades a year into Trump 2.0, Europe breaks with reliance on American security
"Intimidation," "threats" and "blackmail" are just some of the terms being used by European Union leaders to describe U.S. President Donald Trump's warning that he will slap new tariffs on…
Diplomacy or retaliation? The EU mulls its options as tensions with U.S. rise over Greenland
Threats from the White House over Greenland have sparked outrage and a flurry of diplomatic activity across Europe, as leaders consider possible countermeasures, including retaliatory…
Las Vegas’s Sphere may be getting a sibling in an unexpected location
Is the future of concert venues more spheres? It seems so. Following on the success of Sphere in Las Vegas, plans are underway to bring a smaller-scale version to the National Harbor in…
Trump reveals link between Nobel Prize snub and his stance on Greenland
U.S. Donald Trump linked his aggressive stance on Greenland to last year’s decision not to award him the Nobel Peace Prize, telling Norway’s prime minister that he no longer felt “an…
Trump calls for Rep. Ilhan Omar to be jailed or deported, says she is linked to fraud in Minnesota
President Trump said Rep. Ilhan Omar "knows everything there is to know" about fraud in Minnesota and should be jailed or deported to Somalia. Source link