State-run Mazagon Dock Shipbuilders Limited (MDL) has decided to acquire a controlling stake in Sri Lanka’s Colombo Dockyard PLC under a USD 52.96 million deal, a move that is expected to expand India’s strategic presence in the island nation.

Donald Trump halted trade talks with Canada. This action followed Canada’s digital services tax on American tech firms. Trump called it an attack and cited unfair tariffs on US agricultural exports. He accused Canada of copying the European Union’s tax policies. The US will soon impose tariffs on Canadian goods. Experts fear a wider economic dispute due to this halt.

The experts assured the Shashi Tharoor-led standing committee that there was no immediate cause for alarm regarding Bangladesh, especially compared to Pakistan