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 received FDI equity flows from China worth $2.67 million in FY25, which was 0.01 per cent of the total FDI equity receipts by India in FY25.
The Kananaskis gathering on June 16-17 is the Prime Minister's 6th consecutive participation in the G7 Summit.
India and China have reached new common understandings agreeing to conduct normalised management and control of the boundary during Foreign Minister Wang Yi's visit to New Delhi, Beijing said.
Prime Minister Narendra Modi on Friday sounded the poll bugle in Bihar, where assembly elections are due this year, calling for 'an NDA government, once again', which would protect the state from the 'evil intentions' of the Rashtriya Janata Dal-Congress combine.
'The country that came into existence after Partition lives on hatred for India. It only wants to harm Bharat. However, India's goals are to remove poverty, bring about economic development and become a developed nation'
A 5.8 magnitude earthquake shook parts of northeast India and West Bengal. No immediate reports of casualties or significant damage were reported. The epicenter was in Udalguri district, Assam.
Mixing humour with political resolve, Chief Minister Omar Abdullah on Friday used the flagging-off ceremony of the first train to Kashmir by Prime Minister Narendra Modi in Katra to subtly but clearly articulate his government's demand for the restoration of statehood to Jammu and Kashmir.
'JD-U is not ready to take the political risk of playing second fiddle to the BJP in state politics.'
A string of welfare schemes and promises tests the state's budget, which is already heavily dependent on central support and spends little as capital outlay.
According to Misri's statement, Modi said he could not accept the invitation due to a pre-existing schedule, and invited Trump to visit India for the Quad Summit, likely later this year.
'When negotiators meet next, they may like to bring new issues to the table.'
India's crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data.
As required, Modi submitted the affidavit while filing his nomination papers Tuesday as an election candidate from the Varanasi parliamentary constituency, a seat he has held twice earlier.
The prime minister is checking in with baggage of the kind that will make history, any which way things take a turn, says Sheela Bhatt/Rediff.com
Prime Minister Narendra Modi is set to visit Sri Lanka, where he will hold talks with President Anura Kumara Dissanayake and strengthen ties through agreements on defence, energy security, and digitalisation. This visit aims to further bolster the already strong relationship between the two nations and is expected to include several outcomes, including a defence cooperation agreement, debt restructuring, and a currency swap. This visit comes at a time when Sri Lanka is recovering from an economic crisis, where India played a significant role in providing financial assistance.
India should simultaneously prioritise domestic exploration and production of more oil and gas in the country, and ensure we retain diversified suppliers for imports, points out former foreign secretary Ranjan Mathai.
'Everyone involved in this transaction must be punished and penalised.'
In Narendra Modi, every BJP worker sees what he might have been or what he can become, says Amberish K Diwanji
Among Sensex firms, Bharat Electronics rose the most by 4.26 per cent. HCL Tech gained 2.57 per cent, Bajaj Finance by 2.19 per cent, TCS by 1.99 per cent, Tech Mahindra by 1.88 per cent and Infosys by 1.85 per cent. Gains in Axis Bank and State Bank of India also supported the rally. However, Mahindra & Mahindra emerged as the biggest loser, falling by 2.47 per cent. Maruti dropped 1.53 per cent and Tata Motors by nearly 1 per cent due to profit-taking. UltraTech, Eternal and Power Grid were also among the laggards.
From the Sensex firms, Trent, Tech Mahindra, Bajaj Finserv, Reliance Industries, Infosys, Kotak Mahindra Bank, HCL Technologies, and NTPC were among the biggest laggards. However, Eternal, Tata Motors, Sun Pharma, Tata Steel, and Titan were the gainers.
Prime Minister Narendra Modi on Friday said the world has seen the power of India's indigenous weapons during Operation Sindoor, which is 'not over yet'.
Glimpses from India and around the world that will make you smile and cry.
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.
'Pakistan wanted India out of Afghanistan to which again the Taliban told Pakistan to take a walk.' 'Six months after they came back to power in 2021 India was back in Afghanistan at the request of the Taliban.' 'The Taliban realised that India has no agenda of its own in Afghanistan.'
Sinha said the inauguration of the Kashmir rail service has connected the hearts of the people of Jammu and Kashmir with the rest of the country and will pave the way for the economic prosperity of the region.
'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'
Jammu and Kashmir Lieutenant Governor Manoj Sinha announced that the terrorists responsible for the Pahalgam attack have been identified and will soon face consequences. He highlighted the progress in the region, including development projects and improved security, since the removal of Article 370.
'Even if tariffs are reduced, non-tariff may still remain a challenge.'
"You have seen that in Islam, it is said that they oppose 'bootparastee' (idol worship). It is their matter and their philosophy. We perform idol worship. We worship the 'saakaar brahma' and the 'niraakaar brahma', which is allowed by the Sanatan Dharma.... Some are saying 'I Love Mohammad' and indulging in arson and vandalism." "They know that this is Sharadiya Navratra, the occasion of Vijaya Dashami. If they spread chaos during the Sharadiya Navratra, work like 'Chundd' and 'Mundd', then Goddess Bhagwati is not going to tolerate it. Goddess Bhagwati crushes such 'Chundd' and 'Mundd'," Adityanath said.
Reddy alleged that contracts worth thousands of crores were awarded to people close to Modi, who then purchased Rafale aircraft.
'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'
Commerce and Industry Minister Piyush Goyal on Tuesday said India and the 27-nation EU bloc are "really very near" to concluding talks for the proposed free trade agreement, with only a few issues left to be resolved.
Indian business has many legitimate grievances against the political class for not delivering an optimal business environment.
Among Sensex firms, Maruti zoomed the most by 8.94 per cent. Bajaj Finance rallied over 5 per cent, UltraTech Cement by 3.71 per cent, and Bajaj Finserv by 3.7 per cent. Mahindra & Mahindra, Hindustan Unilever and Trent were also among the gainers. However, ITC was the biggest loser, dropping by 1.26 per cent. Eternal, Tech Mahindra and Larsen & Toubro also declined.
Bihar Chief Minister Nitish Kumar's recent actions have raised eyebrows after he placed a flowerpot on the head of a senior IAS officer during a public event. The incident, captured on video and shared widely on social media, has drawn criticism from the opposition RJD, who questioned Kumar's "mental state." This incident adds to a growing list of unusual public moments for the CM, including leaving the stage abruptly during a national anthem performance and attempting to touch Prime Minister Narendra Modi's feet at a public event.
Prime Minister Narendra Modi unveiled development projects worth Rs 15,000 crore in West Bengal on Saturday. The prime minister unveiled the projects at an official function in Krishnanagar in Nadia district. Addressing the programme, he said these initiatives were aimed at making West Bengal a developed state.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
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.
GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
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