The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar.
Canada's allegations of India's involvement in the killing of a Sikh separatist in Surrey that sparked a diplomatic row between the two nations are based on both human and signals intelligence and inputs from an ally from Ottawa's Five Eye intelligence network, a media report has said citing the Canadian government sources.
The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.
Oil marketing companies (OMCs), paint manufacturers, tyre producers, and aviation stocks witnessed significant gains as Brent crude oil prices slipped below $70 per barrel. The price drop came after a double blow: The US imposed tariffs on Canada and Mexico, including energy imports, and OPEC+ - the group of major oil-producing nations including Russia - announced an output increase of 138,000 barrels per day, the first such hike since 2022.
Despite taking a two-goal lead, India persisted with their aggressive style, maintaining pressure on Canada. However, they were unable to find more goals in the opening quarter as it ended 2-0 in their favour.
Enforcement Directorate officials said on Friday they are probing a 'complex network' of agents and facilitators in India, Canada and the US who help Indians illegally enter the US via 'bogus' admissions in Canadian colleges.
Khalistani separatist leader Hardeep Singh Nijjar, whose killing led to a major diplomatic row between India and Canada, reached the North American country using a counterfeit passport and Canada did not take any action against him despite being informed that he faced over a dozen criminal cases of murder and other terrorist activities, sources said on Friday.
Lehecka struck eight aces and converted four of eight break chances to secure the first Top 3 win of his career.
Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.
'My two daughters are in Canada and I am tensed. They have gone there to study. Governments of both countries should find a solution'
India has expressed concern to the US authorities over the treatment of deportees on a flight that landed on February 5, particularly with respect to the use of shackles, especially on women. The Ministry of External Affairs (MEA) has also registered its concerns regarding the need to accommodate the religious sensitivities and food preferences of the deportees. The US side has confirmed that no women or children were restrained on the deportation flights that landed in India on 15th and 16th February, 2025.
'In today's world, it is difficult for public pressure to work against a country like India.'
Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.
'And when the floats go by in the parade garlanded and decorated with the posters of gun toting assassins and murderers and martyrs, you look the other way.' 'And in return we will bring you 10,000 votes because the people of the gurdwaras will vote as we tell them to vote.'
The United States has said there ought to be a full and fair investigation into Canada's allegations that the Indian government was involved in the killing of a separatist Sikh leader in British Columbia earlier this year.
Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, is set to be extradited to India from the US. Rana was involved in the planning and execution of the 2008 Mumbai terror attacks, which killed 166 people, including six Americans. He assisted Headley in obtaining a visa for India, established a front company in Mumbai, and helped in reconnaissance of targets in Mumbai and New Delhi. Rana was convicted in the US for providing material support to Lashkar-e-Taiba (LeT) and sentenced to 14 years in prison. His extradition to India will allow authorities to question him about his involvement in the Mumbai attacks and potentially uncover new information about the role of Pakistani state actors.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
Let the governments do what they are doing, let the government do diplomacy but everyone knows that in the long term, Canada's strategic interest and India's strategic interest are absolutely aligned," the high commissioner said.
'We have had numerous conversations with India before the Prime Minister went in front of the house and made his declaration. This was not a surprise to the Government of India and through these different conversations, the Indian officials were made aware of the credible allegations'
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
'There are supporters of Prime Minister (Narendra) Modi's government in Canada, but they do not represent all Hindu Canadians'
The Canadian government has said the circulation of an online video in which Hindu Canadians are told to leave the country is offensive and hateful, asserting that acts of aggression, hate, intimidation or incitement of fear have no place in Canada.
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
Top seed Carlos Alcaraz withstood a charge from qualifier Luca Nardi for a 6-1, 4-6, 6-3 victory in the second round of the Qatar ExxonMobil Open in Doha on Wednesday.
Canada has expelled an Indian diplomat as it was investigating what Prime Minister Justin Trudeau called 'credible allegations' of the involvement of 'agents of the Indian government' in the killing of a Sikh extremist leader in Surrey in June, claims outrightly rejected by New Delhi as 'absurd' and 'motivated'.
After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.
During the interview which will be aired on Sunday, Verma was asked why India was not cooperating with Canada in the investigation. To this, he said, '...even without an investigation being concluded, India was convicted'. "Is that the rule of law?" Verma asked.
Joly said that Ottawa stands by its decision to inform Canadians about the allegations surrounding the killing of Nijjar, but remains engaged with the Indian government on the issue.
Universities and immigration authorities take student conduct seriously. Behaviour that is deemed unacceptable or dangerous can lead to legal consequences, including deportation, warns Dr Pananjay Tiwari, founder and director, Impel Overseas Education.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.
The immigration tribunal ruled that the Sikh man who "housed and fed" armed Khalistani militants in India over a decade should be allowed into Canada because he did so "mostly out of necessity" and fear of retribution, the paper said.
The issue was raised by Secretary of State Tony Blinken during his meeting with External Affairs Minister S Jaishankar in Washington, DC last week.
The National Investigation Agency has posted a list of gangsters and terrorists based in Canada.
Pro-Khalistan elements based in Canada have been luring gullible Sikh youth to the North American country by sponsoring their visa with the sole objective of using them to carry out their agenda on Canadian soil, sources said on Wednesday.
As its diplomatic row with Canada escalates over the killing of a Khalistani separatist, India has apprised its key Western partners and friends about its concerns over increasing activities of anti-India elements from Canadian soil, sources said on Thursday.
From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.
India on Wednesday advised all its nationals living in Canada and those contemplating travelling there to exercise "utmost caution" in view of growing anti-India activities and "politically-condoned" hate crimes as well as "criminal violence" in that country.
Fonseca cruised through the first set before Fearnley found his groove in the second to level the match on a windy day in the California desert.
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