India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.
Businesses are testing new markets, tapping into domestic demand, and pushing the government for relief.
Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. He said that "a little bit" of geopolitical issues overtook the trade matters in the negotiations for the pact between the two countries.
The inclusion of the Kolhapuri chappal in Prada's new show -- without proper collaboration or acknowledgement --not only undermines the artisans' cultural heritage but also monetises a centuriesold craft without benefiting its rightful custodians.
Uproarious scenes on the concluding day of the special session on Thursday turned the West Bengal Assembly into a cauldron of chaos, as Chief Minister Mamata Banerjee's speech was repeatedly drowned out by slogan-shouting, leading to the suspension of five Bharatiya Janata Party MLAs and the collapse of two legislators during forcible eviction by marshalls.
India Inc, which is sitting on cash balances of 13.5 trillion, is using the funds to meet capital expenditure as well as brownfield expansion, resulting in 'anaemic' demand for bank loans, State Bank of India (SBI) chairman CS Setty said at an event on Monday. He added that a slowdown in corporate credit is mainly due to lack of demand.
The move comes in response to the Karnataka Film Chamber of Commerce's (KFCC) recent announcement that it would not permit the screening of the film in Karnataka unless Haasan issues a public apology for his comment suggesting that Kannada evolved from Tamil.
A Lucknow court on Tuesday granted bail to leader of opposition and Congress MP Rahul Gandhi after he made an appearance in a defamation case filed over his purported remarks on Army personnel, his lawyer said.
The principal of a college in Odisha was arrested after a student set herself ablaze following alleged sexual harassment. The incident has sparked protests and political tensions in the state.
Maharashtra Chief Minister Devendra Fadnavis on Friday sought to make light of his meeting with Shiv Sena-Uddhav Balasaheb Thackeray head and political rival Uddhav Thackeray a day ago and noted his government was stable with support from deputy CMs Eknath Shinde and Ajit Pawar.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
The team toured four clusters in and around Kolhapur where Kolhapuri chappals are made.
Karnataka Film Chamber of Commerce (KFCC) said on Thursday that it will not allow the release of Kamal Haasan's film Thug Life in Karnataka unless he issues a public apology by May 30 for his controversial remark about the Kannada language.
'With new technology and stricter checks, cheating on taxes is just not worth it anymore.'
Police, however, have found several discrepancies in the statements of the accused student of the IIM-Calcutta, he said.
'...as then it brings them closer to the complaints and grievances that the public faces.'
NISAR will not be used for surveillance and will be used to observe the earth.
Artisans from Maharashtra have cried foul after footwear similar to the famous Kolhapuri chappals featured in Prada's show. They alleged violation of geographical identification (GI) rights.
Dubai is positioning itself as a springboard for Indian companies looking to tap into fast-growing emerging markets, including Africa, banking on low tariffs, long-standing trade relations, and a shared vision for regional economic growth, said Mohammad Ali Rashid Lootah, president and chief executive officer, Dubai Chambers, at the Dubai-India Business Forum in Mumbai.
Tharoor, who is leading the all-party delegation to the Americas during his Bogota visit, had expressed dismay over the South American country's stance during a press conference on Thursday.
The accused challenged a trial court's order rejecting their bail plea in the December 2023 incident.
'In my 26 years at Raj Bhavan, working with more than ten governors, I can tell you C P Radhakrishnan Sir stands out.'
The Parishat wanted to place before the court, the constitutional, cultural and linguistic concerns arising from the statements made by Haasan, particularly from the perspective of protecting the identity, dignity and historical legacy of the Kannada language and culture.
The Karnataka high court on Tuesday strongly criticised actor and filmmaker Kamal Haasan for his recent remark suggesting that "Kannada was born out of Tamil", and observed that a "single apology could have resolved the situation."
Singer Sonu Nigam has issued an apology following a controversy at a concert in Bengaluru. The singer, known for tracks like "Abhi Mujh Mein Kahin", "Dil Dooba" and "No Entry", said his love for Karnataka is bigger than his ego. The incident took place on April 25 when Nigam was performing at a college in Bengaluru and a group of boys threatened him to sing in the Kannada language. Nigam responded by saying, "Kannada. Kannada. This is the reason behind the incident in Pahalgam." Many found comments made by Nigam hurtful and an FIR was registered against him at the Avalahalli Police Station in Bengaluru. The Karnataka Film Chamber of Commerce (KFCC) announced a 'non-cooperation' campaign against Nigam for his allegedly controversial remark, which hurt the sentiments of the Kannadaigas.
Former Wrestling Federation of India chief Brij Bhushan Sharan Singh has consistently denied the allegations.
India's Permanent Representative to the UN Ambassador Parvathaneni Harish said that the Indian sub-continent offers a "stark contrast" in terms of progress, prosperity and development models.
'Mr & Mrs 55 was breezy, romantic and so Hollywood.'
The Supreme Court on Tuesday came down heavily on the Karnataka government over actor Kamal Haasan's film "Thug Life" not being released in the state, saying mob and vigilantes cannot be allowed to take to the streets.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
Trump, who has repeatedly said that he stopped the conflict between India and Pakistan through trade, last Friday said for the first time that "five jets were shot down" during the fighting.
A five-judge Constitution bench of the Supreme Court is scheduled to consider the Presidential reference on whether timelines could be imposed by judicial orders for the exercise of discretion by the President while dealing with bills passed by state assemblies.
UN Secretary-General Antnio Guterres expressed concern over the heightened tensions between India and Pakistan, calling for maximum restraint and urging both countries to step back from the brink. Guterres offered his "good offices" to both governments in the service of peace and condemned the recent terror attack in Pahalgam, emphasizing the need to bring those responsible to justice. He also stressed that a military confrontation would be detrimental and could easily spin out of control. His remarks came hours before a closed consultation of the UN Security Council on the matter, requested by Pakistan. The UN Secretary-General highlighted the need for de-escalation, diplomacy, and a renewed commitment to peace.
Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices.
Kamal Haasan starrer Thug Life will not be released in Karnataka on June 5, the scheduled date for the pan-India release of the much-anticipated movie, its producers informed the Karnataka high court on Tuesday.
Bollywood has come out in full support and shown solidarity to Indian army by postponing film releases and several events post the deadly Pahalgam attack and India's Operation Sindoor
According to Khemka's family members, his son was also shot dead by criminals six years ago in Hajipur.
During negotiations, the officer allegedly agreed to reduce the amount to Rs 2 crore, with the condition that the first installment of Rs 50 lakh had to be paid to the middleman by Thursday evening, the complaint said.
The Nagpur bench of Bombay High Court has issued a notice to Maharashtra Chief Minister Devendra Fadnavis in a poll petition challenging his 2014 victory from the Nagpur South West assembly seat. The petition was filed by Congress candidate Prafulla Vinodrao Gudadhe, who alleges procedural lapses and corrupt practices during the election.
The 52-year-old music conductor and composer who led the SCC to national fame after a reality TV show about a decade ago, died at the Reliance Hospital in Mumbai after a brief illness, they said.
