Lakshya Sen stunned world No 2 Jonatan Christie of Indonesia in straight games
Finance Minister Nirmala Sitharaman on Saturday said India is looking for a "good" trade agreement with the US to promote economic growth and ensure smooth supply chains. She also said that amid a growing global tariff war, India will have to move "smartly" to guard against possible dumping of goods from countries that are facing higher US tariffs.
US President Donald Trump announced a 26 per cent "discounted reciprocal tariff" on India, half of the 52 per cent levies imposed by India on American goods, as he described India as "very, very tough."
'It is typical of China's strategic deception of making virtue out of necessity,' observes Rup Narayan Das.
World leaders, including the UN Secretary-General and US President Donald Trump, have urged India and Pakistan to exercise restraint and seek peaceful solutions to the ongoing tensions. The calls for calm come after India conducted airstrikes in Pakistan-occupied Kashmir in response to a recent terrorist attack. Leaders from the US, Russia, UK, China, UAE, Qatar, and Japan have expressed concern over the escalating situation and emphasized the need for dialogue and de-escalation.
As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral". In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated. After annualized growth of 25 per cent in recent years, profits appear to have softened while valuations are elevated at 23x forward earnings.
Two-time Olympic medalist PV Sindhu and Kiran George advanced to the quarterfinals of the India Open Super 750 badminton tournament.
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
NASA astronauts Sunita Williams and Butch Wilmore, stranded at the International Space Station for over nine months, will return to Earth on Tuesday evening, NASA announced in a statement.
Trump's tariffs, falling shrimp prices, and fears of additional US levies, spark a crisis in Andhra Pradesh's politically vital aquaculture sector.
'No retaliatory tariffs now. You can retaliate after a few months.' 'Today, there is no need to retaliate because it is a question of long term benefits.'
Neo banks, along with mid-sized banks, are establishing global capability centres (GCCs) in India, mirroring the expansion strategies of larger global counterparts. This trend is being seen as the next major wave in the country's banking, financial services, and insurance (BFSI) sector.
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these countries, sources said. The product categories that may see an upsurge in diversion of imports from the US to India include consumer goods, electronics, chemicals and steel.
There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.
Prime Minister Narendra Modi's visit to Sri Lanka is expected to yield at least 10 ambitious outcomes, including a defense cooperation agreement and frameworks for deeper engagement in the energy sector. The visit comes at a time when Sri Lanka is recovering from an economic crisis, with India providing significant financial assistance. Modi and Sri Lankan President Anura Kumara Dissanayake will also dedicate several projects built with India's assistance and virtually inaugurate the Sampur solar energy project.
'If you compare the data from 2017 and 2023 of the US imports from the world and China, you will see that the US was a complete loser in the trade war, and China was a complete gainer.'
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
'Pick up momentum and find opportunities from an intelligence-sharing standpoint.'
Sunita Williams and Barry Wilmore have been stranded on the International Space Station since June 2024.
'But I don't think the government is in a great hurry to sign the BTA.'
The agency said it is currently receiving a signal from the lander, which is communicating as expected.
'Trump's aggressive stance towards China and preference for military posturing could shift the Quad's balance towards overt militarisation.'
Ryan Peake, a former member of an outlawed motorcycle gang who served five years in jail for assault, hit a five-under-par 66 to win the 104th edition of the New Zealand Open by a shot in Queenstown on Sunday.
Images from Friday's events at the World Indoor Athletics Championships in Nanjing, China.
Satwik-Chirag had lost each of the two semifinals in straight sets and their aim would be to go the distance in the upcoming tournament.
Only once in the sport's 1,500-year history has a five-day Grand Sumo Tournament or "basho" been held outside Japan
Defending Champions Korea and last edition's runners up, Japan arrived in Chennai on Sunday (July 30) night for the Hero Asian Champions Trophy Chennai 2023.
Qatar's Akram Afif has been named the Asian Football Confederation's Player of the Year for a second time with Kiko Seike from Japan securing the women's title at the regional body's annual awards ceremony in Seoul on Tuesday.
The Indian men's hockey team on Thursday continued their winning run at the 19th Asian Games Hangzhou 2022, defeating the 2018 Asian Games Gold medallist Japan 4-2 in their third Pool A match.
Kirsty Coventry smashed through the International Olympic Committee's glass ceiling to become the organisation's first female and first African president in its 130-year history.
A summary of Saturday's action in the FIFA women's World Cup, co-hosted by Australia and New Zealand.
Japan World Cup match a big draw for viewers in Japan, less so in Germany
Jakob Ingebrigtsen completed a golden double by capturing the men's 1,500 metres title on the final day of the World Indoor Athletics Championships
Doan equalised in the 75th minute before Asano showed lovely control and smashed the winner in from a tight angle -- causing an explosion of joy among the Japan bench and head shaking among German fans used to watching both players ply their trade in the Bundesliga.
US President Donald Trump has said that the newly proposed 'gold card' initiative will allow American companies to hire Indian graduates from top US universities like Harvard and Stanford. Trump on Wednesday unveiled the 'gold card' initiative for wealthy foreigners, giving them the right to live and work in the country and offering a path to citizenship in exchange for a $5 million fee.
'April 9 announcement of slapping a 125% tariff on Chinese goods has brought the focus back to China, making this new phase feel like a repeat of the original conflict.'
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.
rediffGURU Anu Krishna offers relationship advice and tells you how to take control of your life.
On India, the chart showed that the country charged 52 per cent tariffs on the US "including currency manipulation and trade barriers," and America will now charge India "discounted reciprocal tariffs" of 26 per cent.
The "weaponisation" of economic activity - through tariffs and sanctions - is now a reality, with countries leveraging these tools strategically, External Affairs Minister S Jaishankar said at the Raisina Dialogue recently.
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