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The US decision to freeze foreign aid funding forces UN agencies like IOM and UNHCR to lay off thousands, affecting refugee resettlement. Over 3,000 IOM staff tied to the US programme are losing jobs, with UNHCR cutting 600 positions. The largest donor's funding pause prompts life-saving work prioritization, halting many refugee-entry activities.
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US President Trump has proposed reciprocal tariffs that could increase tariffs on imports to match those applied by other countries. Analysts predict this measure could mainly impact emerging market economies with high duties on US products and further complicate international trade dynamics.
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News and Media
Quality Power IPO: Quality Power Electrical Equipments (QPEE) plans to raise 225 crore via fresh equity and 634 crore through an offer for sale in its IPO, reducing promoter stake to 74%. Specializing in HVDC and FACTS components, QPEE is poised to benefit from rising global renewable energy demand.
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News and Media
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