World News

Germany’s Volkswagen Suffers €1 Billion Loss in a Single Quarter Amid Tariffs and Porsche Setbacks

Germany’s Volkswagen Suffers €1 Billion Loss in a Single Quarter Amid Tariffs and Porsche Setbacks

Berlin (Gurpreet Singh): Europe’s largest automaker, Volkswagen Group, has reported a quarterly net loss exceeding €1 billion, marking its first quarterly loss since 2020. The downturn is largely attributed to U.S. import tariffs and significant write-downs in its luxury brand division, Porsche, highlighting escalating pressures on the global auto industry amid rising costs and the transition to electric vehicles. Volkswagen’s operating result for the third quarter plummeted to –€1.3 billion, compared with a profit of €2.8 billion in the same period last year. Company officials cited U.S. tariffs potentially totaling €5 billion by year’s end, and one-off impairments tied to…
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Switzerland Maintains Top Position in Global Competitiveness Ranking for 2025, Reinforcing Its Status as the World’s Most Competitive Nation

Switzerland Maintains Top Position in Global Competitiveness Ranking for 2025, Reinforcing Its Status as the World’s Most Competitive Nation

Geneva ( Balwinder Singh) : Switzerland has once again secured the top spot in the IMD World Competitiveness Ranking 2025, reaffirming its reputation for stability, innovation, and economic resilience. The country ranked first ahead of Singapore, Denmark, and the United States, maintaining its legacy as a global benchmark for performance and governance.The IMD report evaluated 69 economies across four key pillars: economic performance, government efficiency, business efficiency, and infrastructure. Switzerland ranked first in government efficiency and infrastructure quality, while maintaining strong positions in the other two categories.Experts attribute Switzerland’s continued success to its sound fiscal management, advanced innovation ecosystem, world-class…
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Brazil’s Deadliest Police Operation Leaves 132 Dead Ahead of Global Climate Events in Rio

Brazil’s Deadliest Police Operation Leaves 132 Dead Ahead of Global Climate Events in Rio

Rio de Janeiro, October 29, 2025 — At least 132 people were killed in what officials have described as the deadliest police operation in Brazil’s history, authorities confirmed on Wednesday. The death toll, reported by Rio’s public defender’s office, is more than double the figure released a day earlier by state authorities, who had cited 64 deaths, including four police officers.The large-scale raids, carried out in Rio’s Penha neighborhood, were aimed at dismantling the powerful Comando Vermelho gang, which dominates the drug trade in several of the city’s favelas. The operation, however, sparked widespread shock after residents lined the streets…
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Putin Confirms Successful Test of Nuclear-Powered Poseidon Super Torpedo

Putin Confirms Successful Test of Nuclear-Powered Poseidon Super Torpedo

Moscow, October 29, 2025: Russian President Vladimir Putin on Wednesday announced that Russia had successfully conducted a test of its nuclear-powered Poseidon super torpedo, calling it a major technological and strategic achievement.Speaking during a visit to a Moscow hospital to meet soldiers wounded in the Ukraine war, Putin said the test was carried out on Tuesday. “For the first time, we managed not only to launch it with a launch engine from a carrier submarine but also to activate the nuclear power unit, which operated for a certain amount of time,” he said. “There is nothing like this.”Hailing the test…
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Judge Keeps Ban on Federal Layoffs Amid Ongoing U.S. Government Shutdown

Judge Keeps Ban on Federal Layoffs Amid Ongoing U.S. Government Shutdown

San Francisco (Rajeev Sharma): A federal court has ordered that U.S. government agencies may not proceed with firing federal workers while the current government shutdown continues, extending a temporary measure that was due to expire this week. The ruling came from U.S. District Judge Susan Illston in San Francisco, who decided on Tuesday to keep in place a moratorium on dismissals until further notice. The judge’s earlier injunction, issued earlier this month, was originally set to end on Wednesday. In her decision, Judge Illston—who was appointed by former President Bill Clinton—said that the evidence presented so far points to the…
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Kirpan Ban Sparks Outrage at Diljit Dosanjh Concert in Australia

Kirpan Ban Sparks Outrage at Diljit Dosanjh Concert in Australia

National Times Bureau :- A controversy erupted at Punjabi singer-actor Diljit Dosanjh’s first-ever stadium concert in Sydney, Australia, after Sikh attendees were stopped from entering the venue for wearing the kirpan, a sacred religious symbol in Sikhism. Thousands of fans had gathered at the Parramatta Stadium in Western Sydney, which was completely sold out with around 25,000 people in attendance, many of them from the Punjabi and Sikh communities. However, those who wore the kirpan as part of their faith were denied entry by security officials. When some attendees protested the restriction, they were reportedly asked to leave, leaving many…
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Indian-origin woman sexually assaulted in UK over racial identity, police release suspect’s cctv

Indian-origin woman sexually assaulted in UK over racial identity, police release suspect’s cctv

ਨੈਸ਼ਨਲ ਟਾਈਮਜ਼ ਬਿਊਰੋ :- A 20-year-old woman of Indian origin was sexually assaulted in the United Kingdon's (UK) West Midlands over alleged racial identity, according to the West Midlands Police.  This was an absolutely appalling attack on a young woman, and we are doing absolutely everything we can to arrest the person responsible,” senior police officer Ronan Tyrer, who is overseeing the investigation, said on Sunday. “We have teams of officers recovering evidence and building a profile of the attacker so that he can be brought into custody as soon as possible. While we are following multiple lines of enquiry…
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US Secretary of State Marco Rubio Clarifies US-Pakistan Ties Won’t Undermine India Relations

US Secretary of State Marco Rubio Clarifies US-Pakistan Ties Won’t Undermine India Relations

Doha [Qatar], October 26, 2025: US Secretary of State Marco Rubio has dismissed concerns that Washington’s expanding strategic engagement with Pakistan is aimed at sidelining India, affirming that the US’ “deep, historic, and important” partnership with New Delhi remains intact.Speaking to reporters en route to Doha, Qatar, Rubio acknowledged India’s concerns due to longstanding tensions with Pakistan but emphasized that the US engages multiple nations based on shared interests. “I don’t think anything we’re doing with Pakistan comes at the expense of our relationship or friendship with India,” he said.Rubio highlighted India’s diplomatic maturity, noting that New Delhi maintains relations…
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US deports Bishnoi gang fugitive Lakhwinder Singh, Haryana Police makes arrest

US deports Bishnoi gang fugitive Lakhwinder Singh, Haryana Police makes arrest

National Times Bureau :- The Haryana Police’s Special Task Force (STF) has made a significant breakthrough in its crackdown on organised crime by arresting gangster Lakhwinder Singh, alias Lakha — a close aide of Lawrence Bishnoi — following his deportation from the United States. Lakha, a native of Titram village in Kaithal district, had reportedly been running operations from the US since 2022 under the instructions of Anmol Bishnoi, police said. He is accused of involvement in about a dozen cases of extortion and firing linked to organised crime across Haryana and Punjab. Officials said several FIRs were filed against…
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World Leaders Issue Joint Statement Backing ‘Just and Lasting Peace’ in Ukraine

World Leaders Issue Joint Statement Backing ‘Just and Lasting Peace’ in Ukraine

Brussels / Kyiv (Rajeev Sharma): Eighteen global leaders, including Ukrainian President Volodymyr Zelenskyy, Canadian Prime Minister Mark Carney, French President Emmanuel Macron, German Chancellor Friedrich Merz, and UK Prime Minister Keir Starmer, issued a joint statement reaffirming their commitment to securing a “just and lasting peace” for Ukraine while supporting the call for an immediate halt to hostilities. The statement, also endorsed by the heads of government from Italy, Spain, Portugal, Finland, Norway, Sweden, Denmark, Iceland, Latvia, Slovakia, and the European Union, expressed unified backing for U.S. President Donald Trump’s proposal to establish a ceasefire along the current line of…
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