The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. Exporters said that the imposition of a 25 per cent penalty on India over and above the 25 per cent tariffs move will disrupt the flow of Indian goods to its largest export market.
'Marathwada is the suicide capital of Maharashtra.' 'To stop such man-made disasters, the government should immediately come up with a rightful package, not this charitable approach to compensation.'
Gold prices on Tuesday surged Rs 723 to touch an all-time high of Rs 110,312 per 10 grams in the domestic futures market, tracking strong global cues amid growing expectations of a US Federal Reserve interest rate cut next week. Traders said weak US labour market data has strengthened the case for monetary policy easing, putting pressure on the dollar and boosting demand for the safe-haven asset.
'Everybody in America loses because of what India is doing.'
'The Railways is today running train services with 30% less number of loco pilots.'
'New announcements are made every day which brings tremendous amount of instability and uncertainty.' 'Relying on America has become a big problem.'
According to the FIR, the girl, aged 17 years and seven months, was full-term pregnant and had been "sexually assaulted" by an unidentified person about nine months ago.
A 17-year-old boy from Delhi's Rohini, unwilling to take his final exams, left home and travelled over 2,000 kilometres in Tamil Nadu to work as a labourer at a construction site and was living in a slum, an official said on Monday.
Nine labourers were trapped inside a coal mine in Assam's Dima Hasao district on Monday after a sudden gush of water flooded the site, Chief Minister Himanta Biswa Sarma said. The incident took place at the Assam Coal Quarry, situated in the 3 Kilo area of Umrangso in the district. Rescue operations were launched immediately with teams consisting of local authorities, emergency responders and mining experts working to locate and free the trapped workers.
The steep 50 per cent tariffs imposed by the United States on Indian goods are largely a result of President Donald Trump's 'personal pique' at not being allowed to mediate in the India-Pakistan conflict, according to a recent report by American multinational investment bank and financial services company Jefferies.
On August 7, the US president announced doubling tariffs on Indian goods to 50 percent for India's purchases of Russian crude oil, but gave a 21-day window to negotiate an agreement.
The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.
India needs to come together to deal with the 50 per cent punitive US tariffs on Indian products and stand up to any kind of bullying, Maruti Suzuki India chairman R C Bhargava said on Thursday. "It is our duty as Indians to do our very best to promote and maintain our dignity and respect and not give in to any kind of bullying in this matter... the nation has to stand united," Bhargava said at the company's 44th Annaul General Meeting in New Delhi.
Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.
'There is definitely tepid demand because of the (reciprocal tariff) uncertainty.'
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. US tariffs of 50 per cent on Indian goods came into effect on August 27.
'These Marathas are farmers and they only do farming. They have no other business other than farming. Now, they want reservations because farming is no longer a profitable business.'In this interview, veteran farmers' rights advocate and founding member of the Shetkari Sanghatna, Vijay Jawandhia, with Syed Firdaus Ashraf/Rediff unpacks the historical and structural roots of the agitation.
As the 50 per cent US tariffs on the Indian imports came into effect on Wednesday, the stakeholders of the diamond industry in Surat believe that the market will be affected due to US' decision only for a short period of time as India controls 90% of diamond production.
Communication channels between India and the US are open to resolve the ongoing tariff issues, and the glitch in trade ties is only temporary, given the long-term relationship between the two nations, government sources said on Wednesday. The US' 50 per cent tariffs on Indian exports to America came into effect from August 27, barring a few sectors.
A man has been arrested in Mumbai for allegedly murdering his maternal aunt's three-year-old son in Surat and dumping the body in the toilet of an express train.
'It's a big milestone and a matter of pride for us to represent India in the world forum.'
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
'Things may get much worse before they get better,' predicts Ajay Chhibber.
To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.
Prime Minister Narendra Modi hailed 100 years of Rashtriya Swayamsevak Sangh (RSS) as a "very proud and glorious" journey and saluted all its volunteers for their dedicated service to the nation.
Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.
'What the US appears to be doing is to force India to be "the buyer of last resort", on whom their products can be dumped, 1.4 billion people have to eat something, so why not eat American corn?' 'What is exercising the Trump lot is the fact that most of the farms are in solidly Republican Midwestern states: Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin,' points out Rajeev Srinivasan.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The IMF released its World Economic Outlook (WEO) Update on Tuesday.
The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources said.
'That a song can carry the weight of a people's dreams and move hearts across the world.' On Bhupen Hazarika's 99th birth anniversary, Prime Minister Narendra Modi pays rich tribute to the legendary singer and composer.
A godown employee in Delhi stole over Rs 4 lakh from his employer after befriending the guard dogs. The theft was motivated by the employer's refusal to grant him a salary advance.
'Arundhati Roy is like a ballerina performing on a high wire, cool, supremely at ease but conscious of all the adoring eyes on her,' notes P Vijaya Kumar.
Mohammed Siraj launched Stumped: Life Behind and Beyond the Twenty-Two Yards, the autobiography of 1983 World Cup-winning wicketkeeper Syed Kirmani.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
Defending US Open champion Jannik Sinner continued his stellar run at the hardcourt Grand Slams with a 6-1, 6-1, 6-1 hammering of Kazakh 23rd seed Alexander Bublik on Monday to make the quarter-finals at Flushing Meadows.
A 10-year-old boy died and several others were injured in a suspected cylinder blast in Bengaluru. The Chief Minister has announced compensation for the victim's family and medical assistance for the injured.
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