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Former minister Semmalai resigns, cites internal conflict

File photo: AIADMK general secretary Edappadi K Palaniswami (left) and S Semmalai NEW DELHI: Senior All India Anna Dravida Munnetra Kazhagam (AIADMK) leader S Semmalai on Monday resigned from the party, citing dissatisfaction over recent developments within the party and expressing concern over its current state.In his resignation letter addressed to AIADMK general secretary Edappadi…

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‘So close so many times…’: Trump admin official on India-US trade deal; points to ‘complicated situation’ due to India’s Russia ties

US President Donald Trump has imposed 50% tariffs on India’s exports to the US. (AI image) India and the US may soon agree on a trade deal, a senior Donald Trump administration official has said. However, Kevin Hassett who is the National Economic Council Director under the Trump administration has noted that the situation is…

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FPI profile: Foreign investors continue offloading in April, pull out Rs 48,213 crore so far

Foreign investors continued exiting Indian equities in April, offloading Rs 48,213 crore ($5.14 billion) from the cash market in just the first ten days of the month, as global uncertainty and geopolitical tensions continued to weigh on sentiment. This sustained selling comes after a historic pullback in March, when foreign portfolio investors (FPIs) exited with…

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