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Markets reacting predictably in ‘tariffying’ manner: Congress

April 7, 2025
Finance

New Delhi, Apr 7 (PTI) The Congress on Monday took a swipe at Prime Minister Narendra Modi over the stock market crash, saying both he and US President Donald Trump are experts in giving their economies “self-inflicted wounds” and that markets are reacting predictably in a “tariffying” manner. Stock market benchmark indices went into a tailspin in early trade on Monday, with the Sensex and Nifty crashing over 5 per cent, mirroring a sharp fall in global equities, after US President Trump’s tariff hikes and retaliation from China fanned fears that a full-blown trade war will impact economic growth across

Supreme Court agrees to pleas challenging validity of Waqf law for urgent hearing

April 7, 2025
Politics

New Delhi, Apr 7 (PTI) The Supreme Court on Monday agreed to consider listing petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025. A bench headed by Chief Justice Sanjiv Khanna took note of the submissions of senior advocate Kapil Sibal, appearing for Jamiat Ulama-i-Hind, that the petitions needed to be listed for urgent hearing. He said several other petitions have already been filed. “I will see the mentioning letter in the afternoon and take a call. We will list it,” the CJI said. President Droupadi Murmu on Saturday gave her assent to the Waqf (Amendment) Bill, 2025,

Hard work feels worth it, but only after it’s done – new research on how people value effort

April 7, 2025
Health

San Diego, Apr 7 (The Conversation) When deciding if something is worth the effort, whether you’ve already exerted yourself or face the prospect of work changes your calculus. That’s what we found in our new research, published in the Journal of Experimental Psychology: General. When you consider a future effort, more work makes the outcome less appealing. But once you’ve completed the work, more effort makes the outcome seem more valuable. We also discovered that hiding behind this general principle of timing there are individual differences in how future and past effort shapes people’s value for the fruits of their

Asian markets plunge with Japan’s Nikkei diving nearly 8% after the big meltdown on Wall St

April 7, 2025
Finance

BANGKOK, April 7, 2025 (AP) — Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing. U.S. futures also signaled further weakness. The future for the S&P 500 lost 2.5% while that for the Dow Jones Industrial Average shed 2.1%. The future for the Nasdaq lost 3.1%. Tokyo’s Nikkei 225 index lost nearly 8% shortly after the market opened. By midday, it was down 6% at 31,758.28. A circuit breaker briefly suspended trading of Topix futures after an earlier sharp fall in U.S. futures. Among the

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