The Reserve Bank of Australia (RBA) has lowered its cash rate to 3.85%, marking its second rate cut in 2025, as global trade tensions and economic uncertainties intensify. This decision, announced on May 20, 2025, reflects the RBA’s cautious response to a slowing global economy and potential risks to Australia’s export-driven market. The move aims … Read more
In a landmark achievement, India and the United Kingdom have finalized a free trade agreement (FTA) that promises to reshape economic ties between the world’s fifth and sixth-largest economies. Announced on May 6, 2025, the deal marks the UK’s most significant trade pact since Brexit and India’s most ambitious FTA to date, with projections to … Read more
May 2, 2025 – Apple CEO Tim Cook announced that a significant portion of iPhones sold in the United States during the current quarter will be manufactured in India, marking a pivotal shift in the company’s global supply chain strategy. Speaking to investors and media, Cook highlighted that over half of the iPhones sold in … Read more
Important Essay Topics for UPSC 2025 | theinterviewtimes.com | Introduction India, the world’s fifth-largest economy, is on a mission to become a $5 trillion economy in the coming years. This ambitious target is not just about economic size but also about improving living standards, creating jobs, and making India a global powerhouse. As Prime Minister … Read more