What Trump tariffs? Sensex, Nifty end higher as markets take a U-turn on expiry day
ADVERTISEMENT The BSE Sensex, which had slipped as much as 0.9% intraday to a low of 79,811.29, clawed back to close 79.27 points, or 0.1%, higher at 80,623.26. The NSE Nifty, after dipping to 24,344.15 during the session, rebounded to end at 24,596.15, up 21.95 points, or 0.09%. The late-day turnaround mirrored trends seen in recent weekly expiries.
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India.com
17 minutes ago
- India.com
Pakistan Suffers Rs 1,240 Crore Loss After Airspace Ban On Indian Flights: Report
After India suspended the Indus Water Treaty on April 23 in response to the gruesome Pahalgam terror attack, Pakistan closed its airspace to Indian-registered aircraft. However, according to a local media report, Islamabad has suffered massive financial losses after the shutdown as the Pakistan Airports Authority (PAA) lost over Rs. 1,240 crore (PKR 4.1 billion) in over two months. According to ANI, Dawn reported the figure of losses, citing a statement by the Pakistan Ministry of Defence in the National Assembly on Friday. Furthermore, as per the report, the closure came into effect from April 24, when Islamabad withdrew overflight permission for all Indian-registered aircraft and those operated, owned, or leased by Indian carriers. The closure of airspace has backfired on the Pakistani economy. According to the Dawn, the revenue of PAA from overflying charges plunged between April 24 and June 30, nearly affecting 100-150 Indian aircraft daily and slashing Pakistan's transit air traffic by almost 20 percent. Also Read: '6 Pak Aircraft Were Downed During Operation Sindoor': Air Force Chief Pakistani Ministry Admits Financial Losses The Pakistani Defence Ministry has admitted the financial losses but attempted to justify the decision to close airspace for all Indian aircraft and said, "Sovereignty and national defence take precedence over economic considerations." Meanwhile, the officials also claimed that the measures issued by Notices to Airmen (NOTAMs) were for "strategic and diplomatic" reasons. According to the ministry's data, PAA's average daily overflight revenue in 2019 was 508,000 dollars, compared to 760,000 dollars in 2025, meaning the ban is costing Pakistan far more now than during the previous standoff, Dawn reported. Pakistan Airspace Closure Pakistan's airspace is open to all except Indian airlines and aircraft, and the ban has been extended twice and is now set to last until the last week of August. Furthermore, Indian carriers continue unaffected on other international routes, while Pakistani airlines are still barred from entering Indian airspace. India-Pakistan Tensions On April 22, terrorists gunned down 25 Indian citizens and one Nepali citizen in Jammu and Kashmir's Pahalgam. The incident sent shockwaves through the nation. The responsibility for the attack was claimed The Resistance Front (TRF), an offshoot of Pakistan-based Lashkar-e-Taiba (LeT), however, later it distanced itself from the incident. After this, New Delhi took several diplomatic measures against Islamabad, and the airspace closure was a part of the same. India banned all Pakistani-operated, owned, or leased aircraft, including military flights, from entering Indian skies from April 30.
Hindustan Times
17 minutes ago
- Hindustan Times
Trump believes ‘everybody wants him to run' for the third time
Donald Trump said he is convinced that Americans want him to serve a third term while hosting Azerbaijani President Ilham Aliyev at the White House. US President Donald Trump arrives to greet Ilham Aliyev, Azerbaijan's president, not pictured, outside the West Wing of the White House in Washington, DC, US. Photographer: Stefani Reynolds/Bloomberg(Bloomberg) During the visit, Trump, surrounded by his branded merchandise, held up a 'Trump 2028' hat and quipped: 'You know, you're not allowed to run, but I'm 28 points higher than anybody, and everybody wants me to run.' The joke raised eyebrows for two reasons: first, the U.S. Constitution limits a president to two elected terms; second, Trump has hinted before that he might not be entirely joking. ALSO READ| US military to invade Latin American countries? Donald Trump's action against drug cartels sparks fear Like a recent CNBC interview, he said, 'I'd like to run, I have the best poll numbers I've ever had. You know why?' 'Because people love the tariffs, and they love that foreign countries aren't ripping us off.' Azerbaijani Prez would like to see Trump in the Oval more Irish Star cited a Reddit thread discussing Trump's past similar comments, even floating a hypothetical workaround. The post details Trump once suggested that Vice President JD Vance could run for president, win, then step down, allowing Trump to take the position again. 'Trump's comments about running again in 2028, despite the constitutional limit, are part of a broader narrative where he has previously suggested ways to circumvent term limits, such as having Vice President JD Vance run and then resign, as reported in April 2025,' the Reddit thread read. Notably, in the video documenting Aliyev's visit, the Azerbaijani leader even joined in the banter, telling Trump he'd like to see him run again. Can Trump run for a third time? Legally, the 22nd Amendment prevents someone from being elected president more than twice. However, it doesn't explicitly bar a two-term president from becoming vice president or assuming the presidency through the line of succession. ALSO READ| Not just Salma Hayek, Donald Trump also asked Emma Thompson out: 'I'd love you to…' The 12th Amendment also states that anyone constitutionally ineligible to be president cannot serve as vice president, but a former two-term president isn't considered constitutionally ineligible, only barred from winning another election for the role.
Mint
17 minutes ago
- Mint
Man resigns soon after first pay; HR calls it ‘unethical', netizens says ‘nothing wrong'
An Instagram post by an Indian HR professional has sparked debate online after they claimed an employee resigned just minutes after receiving their first salary. 'Salary credited at 10:00 AM, resignation emailed at 10:05 AM,' the post read. The HR professional said the company's HR team had spent hours on the employee's onboarding, while their team had invested weeks in training them. 'Let's talk about professional ethics. The company welcomed you, trusted you, and gave you a platform to grow. And then—five minutes after your first salary hit your account—you walked away. Was that fair? Was it ethical?' she wrote. Criticising the sudden resignation, the HR professional said such behaviour reflected 'a lack of intent, maturity, and accountability,' and urged workers to be honest if they feel a role or company is not the right fit. 'If something didn't feel right: You could've spoken up. You could've asked for clarity or help. You could've made a conscious exit, not a convenient one. No job is 'easy'. Every role takes commitment, patience, and effort. Growth doesn't come with your first paycheck — it comes with perseverance,' the post read. 'So before pointing fingers at 'culture' or 'role mismatch,' Pause. Reflect. Communicate. Because in the end, your professionalism is defined not by your post — but by your actions.' The post drew mixed responses. Some supported the employee, arguing that salaries are payment for work already completed. 'Could not disagree more. When corporations start putting their employees first, the employees will start putting their companies first,' one LinkedIn user wrote. Another commented: 'Ethics? Let's be clear: salaries are paid for work already done — not for charity, not in advance. If someone resigns after getting paid, it means they fulfilled their obligation for that month.' Others compared the case to sudden layoffs. 'How is it justified to terminate employees in the middle of the month without proper notice or explanation?' one user asked. Another wrote: 'Nothing wrong'
