International
President Donald Trump signed an executive order approving a deal that transfers control of TikTok U.S. operations to American investors. The agreement was reportedly endorsed by Chinese President Xi Jinping. Ownership Structure Under the new structure, a consortium including Oracle, Silver Lake, and MGX will hold roughly 45–50% of the U.S. business. ByteDance will retain
National
In Noida, Prime Minister Narendra Modi appealed to industries to adopt a “make in India” approach — spanning from semiconductors (“chips”) to shipbuilding (“ships”). He linked this vision with recent tax reforms and said global shifts should be treated as opportunities for India’s manufacturing growth. Responding To Global Disruptions Modi indirectly referenced the recent
International
Bangladesh’s Chief Adviser Muhammad Yunus has accused India of straining bilateral ties by hosting former Prime Minister Sheikh Hasina. He claimed that India’s backing of Hasina and its stance against last year’s student protests has deepened tensions between the two countries. Protests And Political Fallout Yunus specifically mentioned that India disapproved of the
National
External Affairs Minister S. Jaishankar said that in today’s changing world, nations must embrace a global workforce. He made the remark during a session on “Aid, Trade, and Technology” held on the sidelines of the UN General Assembly. Context: H-1B Visa Fee Increase His comments came in response to the U.S. imposing a USD 100,000 […]