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US lawmaker backs renegotiating global economic rules to reflect China’s rise

September 25, 2025
Finance

SHANGHAI, September 25, 2025 (AP) — The head of a U.S. congressional delegation visiting China said he backed renegotiating the rules governing the global economy to take into account China’s rise and that of others such as India and Brazil. Rep. Adam Smith, a Democrat from Washington state, told the mayor of Shanghai on Thursday that the U.S.-led post-World War II order has worked well for many countries, including China, but that “we understand that things have changed.” His remarks, at end of a five-day trip to China, dovetailed with Chinese leader Xi Jinping’s recent announcement of an initiative to

Air India crash: Grieving father of captain says investigators insinuated son cut fuel

September 25, 2025
Politics

NEW DELHI, Sept 25 (Reuters) – The father of the crashed Air India flight’s captain said officials from India’s accident investigation bureau visited him last month and implied his son cut the fuel to the plane’s engines after takeoff, correspondence obtained by Reuters showed. Pushkar Raj Sabharwal, 91, emailed the Federation of Indian Pilots (FIP) last week to say that Aircraft Accident Investigation Bureau (AAIB) officials had visited him at home on August 30 “under the pretext of offering condolences”, and implied his son, Captain Sumeet Sabharwal, was the one who moved the fuel switches. “During this interaction … they

Govt looted public through GST, now doing ‘gimmicks’ to mislead people: Akhilesh Yadav

September 25, 2025
Politics

Lucknow, Sep 25 (PTI) Samajwadi Party president Akhilesh Yadav on Thursday launched a scathing attack on the BJP government, accusing it of looting the public through GST collections, fuelling inflation and “doing gimmicks” instead of real work. “The truth is, those who imposed GST and looted the treasury, collected it all, are today out doing ‘Ganging’ to mislead people. Tell me, after nine years, they suddenly realised that milk has become expensive, curd has become expensive, food items have become expensive, books have become expensive, clothes of the poor have become expensive,” Yadav told reporters here. He was referring to

Silver rallies Rs 1,000 to hit record high of Rs 1.40 lakh/kg amid strong global cues

September 25, 2025
Finance

New Delhi, Sep 25 (PTI) Silver prices rallied Rs 1,000 to touch a fresh peak of Rs 1.40 lakh per kilogram level in the national capital on Thursday, tracking strong global cues, according to the All India Sarafa Association. The white metal had settled at Rs 1,39,000 per kg in the previous market session. In the local bullion market, gold of 99.9 per cent purity declined by Rs 630 to Rs 1,17,370 per 10 grams (inclusive of all taxes). The yellow metal had closed at Rs 1,18,000 per 10 grams in the previous trade. The precious metal of 99.5 per

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“New era will dawn”: Akhilesh Yadav, Opposition parties congratulate student protestors following Dharmendra Pradhan’s resignation

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