Thursday, September 24
Emirates has signed a preliminary deal with Crypto.com that will allow its customers to make payments through the crypto trading platform's payment service, the Gulf carrier's parent company said in a statement on Wednesday. The partnership, which is expected to come into effect next year, is aimed at tapping into "younger, tech-savvy customer segments who prefer digital currencies", Adnan Kazim, Emirates' deputy president and chief commercial officer, said in a statement. The United Arab Emirates has been emerging as a key hub for crypto companies in recent years, with several setting up shop or seeking to expand, and has enabled payments via cryptocurrencies in areas like real estate, school fees and transportation. In Dubai, which set up watchdog VARA in 2022 to regulate the emerging vi
U.S. President Donald Trump on Wednesday announced a new round of tariffs on imports from seven countries.In official letters issued to the respective governments, Trump stated that tariffs ranging between 25% and 30% would take effect from August 1, 2025. As per the letters, the US will impose a 30% tariff on goods imported from Algeria, Iraq , Sri Lanka, and Libya. Imports from Brunei, and Moldova will face a 25% tariff, while the Philippines will be facing 20%.India has not featured in the list of countries named by Trump so far.The latest move follows Trump’s public statement on July 7 where he confirmed that the "higher duties announced in earlier months will kick in with delay on August 1, as the U.S. closes on completion of several trade deals." Tariff letters were sent to 14 coun
A major nationwide strike called Bharat Bandh is planned for Wednesday. A coalition of 10 central trade unions, along with farmers’ and rural workers’ organisations, is organising a nationwide general strike. Originally planned for May 20, the strike was deferred to July 9 due to the “prevailing situation” across the country. The organisers expect participation from over 25 crore workers across formal and informal sectors. In addition to the strike, unions will hold large demonstrations and rallies in state capitals, district headquarters, and major industrial hubs on July 9. Here’s a detailed look at what is happening, who is involved, why the strike has been called, and how it could impact daily life across India.When and where will Bharat Bandh happen? The Bharat Bandh is sche
