Flags flew at half-mast as scores of Norwegians kept turning up at the Royal Palace in Oslo, where mountains of flowers already lay on the ground after more than 20,000 people paid their respects.
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The United States and Canada are locked in an escalating trade conflict following the imposition of new tariffs on vehicles and construction materials. Import taxes on household products and alcoholic beverages have also surged as part of the dispute. Both businesses and consumers are expected to face higher costs as a result of the widening trade tensions. The tariff war raises concerns about potential job losses across affected industries. The ongoing conflict also threatens to undermine the stability of the USMCA trade agreement between the two nations.
Foreign banking, financial services, and insurance (BFSI) companies significantly increased their leasing activity for global capability centers (GCCs) in India, recording a 70% year-on-year rise. This growth marks a notable shift in India's commercial real estate landscape, which has traditionally been dominated by IT and ITeS firms. In contrast, foreign IT-ITeS companies reduced their office space absorption during the same period. Other service and manufacturing sectors also showed varied leasing trends. The development signals a broader diversification in the types of global firms establishing or expanding operations in India.
The Karnataka High Court has expressed serious concern over the alleged unlawful detention of an activist by Whitefield Police in Bengaluru. The activist was arrested following a Facebook post in which they celebrated the cancellation of a Kunal Kamra show. Police acted on a suo motu basis, without any formal complaint being filed, raising questions about procedural compliance. The court noted a broader pattern of irregularities at the Whitefield station and demanded clarifications from authorities on the matter.
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