Robert Z. Leonard

For fuel, price hikes will do the job. For rupee, a hike in interest rates, one-time dollar bonds issue for NRIs & capital gains tax rejig will do the trick. Remember, our macros are just fine

The remarks came after Pakistan's defence minister Khawaja Muhammad Asif rejected US President Donald Trump’s appeal for Islamabad to join the Abraham Accords. Asif said Pakistan would not back any agreement that went against the country’s "fundamental ideologies". The Abraham Accords were brokered by the United States in 2020 and led to the normalisation of diplomatic, economic and security relations between Israel and several Arab nations.

Youngster Divya Deshmukh continued her fine start at Norway Chess by defeating country No. 1 Koneru Humpy in an Armageddon tiebreak after a tactical classical draw. It was a bleak day for India in the open section, however, as R Praggnanandhaa lost in classical to Alireza Firouzja, while D Gukesh fell to Wesley So in Armageddon.

Somewhere between hectic schedules, emotional exhaustion and endless digital connection, adult friendship has become one of modern life’s quietest losses. Yet some people still keep returning to each other

Cloudflare is laying off over 1,100 employees, about 20% of its workforce, to restructure around AI adoption. CEO Matthew Prince explained the cuts target 'measurers' – roles like middle management and operations – as AI enhances efficiency. He believes AI will boost productivity for 'builders' and 'sellers', allowing greater investment in growth areas.