Centre Demands States Meet Conditions to Release Samagra Shiksha Funds, Says Dharmendra Pradhan

December 4, 2025

Centre Demands States Meet Conditions to Release Samagra Shiksha Funds, Says Dharmendra Pradhan

Union Education Minister Dharmendra Pradhan said states must satisfy scheme conditions to receive Samagra Shiksha funds. Pending dues worth ₹1,160.52 crore were highlighted. Tamil Nadu’s dues remain on hold, with calls for talks between State and Centre.

Vizhinjam International Seaport Turns 1, Handles 1.32 Million TEUs with Major Expansion Underway

December 3, 2025

Vizhinjam International Seaport Turns 1, Handles 1.32 Million TEUs with Major Expansion Underway

Vizhinjam Port, run by Adani and Kerala govt, marks 1 year by handling 1.32 million TEUs and 615 vessels. Expansion to boost capacity over 4 million TEUs underway.

Prada Buys Versace in $1.38bn Deal, Below Previous $2bn Price

December 3, 2025

Prada Buys Versace in $1.38bn Deal, Below Previous $2bn Price

Prada has bought Versace for $1.38bn, a sharp drop from the $2bn Capri Holdings paid in 2018. The deal boosts Prada’s luxury brands and helps Capri cut debt.

Australia's GDP Grows 2.1% Yearly on Data Centre Boom and Rising Household Costs

December 3, 2025

Australia's GDP Grows 2.1% Yearly on Data Centre Boom and Rising Household Costs

Australia's economy grew 2.1% for the year to September, fueled by big data centre investment and rising essential spending. However, quarterly growth slowed to 0.4%, with no rise in GDP per capita. Inflation and cautious consumers remain concerns ahead of the Reserve Bank's decisions.

Costco Sues Trump Government for Full Refund of Illegal Tariffs

December 2, 2025

Costco Sues Trump Government for Full Refund of Illegal Tariffs

Costco has sued the US government to get back all import duties paid under Trump’s emergency tariffs. The move follows court rulings against presidential tariff powers. The case is now with the Supreme Court with billions at stake.