US bans government personnel in China from romantic or sexual relations with Chinese citizens

The U.S. government has banned American government personnel in China, as well as family members and contractors with security clearances, from any romantic or sexual relationships with Chinese citizens, The Associated Press has learned. Four people with direct knowledge of the matter told the AP about the policy, which was put into effect by departing…

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Myanmar earthquake toll crosses 3,000; forecast rains pose new threat for rescuers

Conditions could get even tougher for the huge relief effort after weather officials warned unseasonal rain from Sunday to April 11 could threaten the areas hardest-hit by the quake, such as Mandalay, Sagaing and the capital Naypyidaw. The death toll from Myanmar’s devastating earthquake has surpassed 3,000, with hundreds more missing, as forecasts of unseasonal…

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Trump’s ‘reciprocal’ tariff formula is all about trade deficits

President Donald Trump’s administration calculated its raft of new tariffs primarily based on existing trade balances — a departure from pledges to match the tariff rates and other trade barriers from other countries. In a statement published Wednesday night to explain its methodology for tariffs that rocked the globe, the United States Trade Representative detailed a formula…

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Yet another MNC listing! Apollo Global picks 4 bankers, kicks off Tenneco’s India IPO eyeing up to $2.5-bn valuation

Apollo Global Management has shortlisted 4 investment banks as advisors as the global private equity giant prepares to list the India arm of its portfolio firm, US-based auto component maker Tenneco Inc, multiple industry sources in the know told Moneycontrol. “The IPO process for Tenneco’s India operations has kicked off earlier and the issue may…

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Markets extend gains: Sensex jumps 600 pts, Nifty above 23,300 ahead of Trump tariff decision; IT, bank stocks gain

The broader market mirrored the positive sentiment in the afternoon with the Nifty Midcap 100 rising 1.4 percent while the Smallcap 100 gained 1 percent. As demand for lab-grown diamonds continues to rise, these startups have raised $14 million in 2025 so far, a significant 56 percent increase from the $9 million raised in the…

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Trump’s Auto Tariffs: These Indian companies will be most affected, should investors avoid them?

US President Donald Trump has announced a 25 percent tariff on finished vehicle imports, effective April 3. The levy will be applicable to major automotive parts as well. The policy includes a partial tariff exemption for vehicles and components that comply with the USMCA (United States-Mexico-Canada Agreement) rules, limited to the value of US-produced content….

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India shines on foreign investors’ radar this week with $1.4 billion of inflow, highest across Asian markets

After a relentless selloff since September 2024, foreign investors have resumed buying in Indian shares, ploughing $1.39 billion into equities this week alone, the highest inflow across Asian markets, data from Bloomberg has showed. FIIs have turned net buyers of Indian equities since March 20, purchasing around $2.37 billion during this period after having sold…

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