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US economy contracts 0.3% in Q1 2025; Donald Trump blames it on Biden ‘Overhang’

US GDP contracts: The economic news triggered a negative response in US stock markets US GDP contracts: The American economy saw an unexpected contraction during the first quarter of 2025, primarily attributed to increased imports as businesses and individuals built up inventories before US President Donald Trump‘s comprehensive tariffs took effect.According to figures released by…

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Kareena Kapoor wears Mizoram’s legacy with a punk twist, thanks to designer Hannah Khiangte

When heritage meets high fashion, magic happens. And designer Hannah Khiangte from Aizawl, Mizoram, is leading that magic with unapologetic pride. Known for her distinctive work with the traditional puan – a handwoven textile central to Mizo identity, Khiangte has spent over a decade transforming age-old craftsmanship into contemporary couture. Her latest creation, designed with…

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IKEA to roll out 10,000 sq ft compact stores for smaller cities across India in major retail strategy shift

Furniture giant IKEA is planning to roll out smaller, compact-format stores, marking a “huge shift” in its strategy, to be more accessible for Indian customers. The company, currently in its second phase of growth in India, will be expanding across smaller cities in the country through a network of small-format stores developed according to the…

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US markets Today: Dow slumps over 400 points, Nasdaq slides after data shows economy contracted last quarter

US markets opened in the red Tuesday morning, reacting to fresh economic data that showed the economy unexpectedly contracted in the first quarter of 2025. Investor sentiment soured sharply, sending major indexes tumbling.As of 9:33 AM EDT, the Dow Jones Industrial Average (DJIA) dropped 422.94 points to 40,104.68, down 1.04per cent . The Nasdaq Composite…

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