As many as 900 car engines worth crores of rupees were reported stolen at Kia Motors' plant near Penukonda in Andhra Pradesh. The theft of car engines at the Kia plant began five years ago, police said. "This is definitely an insider’s job...We suspect that there was a connivance between the former and current employees," a police officer said.

China on Wednesday filed new complaint with World Trade Organization (WTO) against tariffs imposed by US President Donald Trump's administration. "The situation has dangerously escalated...China expresses grave concern and firm opposition to this reckless move," it said. US and China have imposed tariffs on each other, with the duties rising to 125% on Chinese goods and 84% on American goods.

Chinese President Xi Jinping is "one of the smartest people in the world", US President Donald Trump said as he increased the tariff on Chinese goods to 125%. "Xi is a smart guy and we'll end up making a very good deal...[He] knows exactly what has to be done, he loves his country," said Trump.

BYJU'S Founder Byju Raveendran has filed an FIR against Pankaj Srivastava, the former resolution professional of BYJU'S parent Think & Learn, three EY employees and GLAS Trust. He accused them of being involved in a "criminal conspiracy against BYJU'S" concerning the startup's insolvency process. "I'm not a flower. I'm the fire that will shatter GLAS," Byju said.

The world's wealthiest people added a record $304 billion to their combined net worth on Wednesday following Trump's pause on tariffs on some countries. Elon Musk emerged as the largest individual gainer, adding $36 billion to his wealth, as Tesla stock skyrocketed 23%. Mark Zuckerberg gained $26 billion, Jeff Bezos gained $18.5 billion, and Nvidia's Jensen Huang gained $15.5 billion.

The Magnificent Seven stocks added $1.5 trillion in value on Wednesday after US President Donald Trump paused his reciprocal tariffs for 90 days. Stocks of NVIDIA, Apple, Tesla, Microsoft, Alphabet, Meta and Amazon jumped between 9.68% and 22.69%. However, the gains didn't erase the $3.4 trillion in value the companies have shed since their peak in late 2024.

An Air India passenger has been put on the no-fly list by the airline after he allegedly urinated on a co-passenger, Bridgestone India MD Hiroshi Yoshizane. The incident took place while the Delhi-Bangkok flight AI2336 was in the air on Wednesday. Yoshizane was offered assistance to take up the issue with Bangkok authorities, but declined, Air India said.

Nasdaq stock market index soared over 12% to its best day since 2001, after US President Donald Trump authorised a 90-day pause on certain tariffs to most countries, but raised duties on China to 125%. The S&P 500 added 9.5% in its biggest gain since 2008. Dow Jones moved ahead 7.9% in its biggest jump since 2020 following the announcement.

US President Donald Trump has raised tariffs on Chinese goods to 125%. "Hopefully in the near future...China will realise...days of ripping off the US, and other countries...is no longer sustainable or acceptable," he said. "I've authorised...90-day pause and a substantially lowered reciprocal tariff [for 75+ countries] during this period...of 10%, also effective immediately," he added.

Apple spends about $580 (over ₹50,000) to make a 256GB iPhone 16 Pro. The cost includes $90.85 for an A18 Pro chip, $126.95 for rear camera systems and $37.97 for the display. Since many iPhones are assembled in China, US' 54% tariffs would apply to iPhone's entire manufacturing cost, raising iPhones' manufacturing cost to about $847 (around ₹73,400).