US markets show modest gains as S&P 500, Nasdaq lead rally amid trade war tensions

SummaryFollowing the death of Pope Francis on Easter Monday, Cardinal Kevin Farrell, the Vatican's camerlengo, announced the news and took charge during the 'sede vacante.' He will manage the Church's daily functions, oversee the funeral preparations, and facilitate the election of the new pope. As camerlengo, Farrell plays a crucial administrative role during this transitional phase for the Catholic Church. Full Article

Mark Mobius, chairman of Mobius Emerging Opportunities Fund, asserts that while India is not immune to the risks posed by Donald Trump's tariff policies, it is well-positioned to take over the supply chain from China. He emphasizes the need for India to swiftly reduce bureaucratic hurdles to attract international investment and facilitate exports. Mobius also warns that the market may experience increased volatility due to ongoing trade negotiations and indicates that China is facing significant...

About the AuthorTOI News DeskThe TOI News Desk is a dedicated team of journalists committed to providing timely and comprehensive news updates for The Times of India readers globally. They focus on gathering, verifying, and presenting breaking news, in-depth analyses, and insightful reports on various topics. This team serves as a trusted source for readers to stay informed about significant global developments. Full Article

SummaryUS Vice President JD Vance is visiting India for the first time, accompanied by his family, amid rising global trade tensions due to recent tariffs announced by President Trump. His four-day itinerary includes meetings with Prime Minister Modi to discuss the India-U.S. trade agreement, visits to cultural sites in Jaipur and Agra, and public addresses on bilateral relations. The family is expected to explore local markets and historical sites, culminating in their departure from Jaipur...

Allahabad HC: Liking a Post Not an Offence Under IT ActThe Allahabad High Court ruled that merely liking a social media post does not constitute publishing or transmitting it under Section 67 of the Information Technology Act, which addresses obscene material. Justice Saurabh Srivastava quashed the case against Imran Khan, who was accused of provoking unlawful assembly for liking a post related to a protest. The court clarified that Section 67 pertains solely to "lascivious"...

Ukrainian President Volodymyr Zelenskyy accused Russian troops of over 2,000 violations of a 30-hour Easter truce declared by Vladimir Putin, highlighting 67 assaults and significant shelling, particularly in the Pokrovsk area. Despite these violations, Zelenskyy noted the absence of air raids and proposed a ceasefire extending beyond Easter for at least 30 days, urging both sides to refrain from long-range drone strikes. He warned that Moscow's rejection of this proposal would demonstrate an intention to...