American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that levy higher import duties on goods shipped from the United States. He has already announced a 25 per cent duty on steel and aluminium imports, which will come into effect from March 12.
'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'
Boxing's already uncertain Olympic future was thrown into further jeopardy after the sport's Asian governing body voted against leaving the suspended International Boxing Association (IBA) to join the rival association.
UK-based Vedanta Resources is looking to start copper production at its Konkola copper mines (KCM) in Zambia and is eyeing to serve global and Indian markets, according to company executives. Promoted by billionaire Anil Agarwal, the miner in November 2023 regained control of the copper mines and smelter, which the Zambian administration had seized in 2019, but needed to pay creditors of the mines to revive operations. The conglomerate was locked in a legal battle over the ownership of the KCM mines prior to a September 2023 Zambia government decision to reinstate the group as owners of the mines.
'He needs to see results while he is in office.'
In a huge setback to Tahawwur Hussain Rana, a United States court has ruled that the Pakistani-origin Canadian businessman could be extradited to India where is wanted for his involvement in the 2008 Mumbai terror attack carried out by Pakistan-based Lashkar-e-Taiba terrorists.
The 29-year-old was set to face Sarah Ann Hildebrandt of the United States for the gold but was disqualified for the weight limit breach. A day after her disqualification, Vinesh also announced her decision to retire from wrestling.
BCCI's healthy bank balance got healthier this year with an approximate increase of Rs 4200 crore, taking the overall earnings to a whopping Rs 20,686 crore.
Debutant legislator Rekha Gupta was sworn in as Delhi chief minister along with six ministers on Thursday in a grand show of strength full of colour and spectacle to mark the Bharatiya Janata Party's return to power in the city after more than 26 years.
Hero MotoCorp anticipates a big rebound in two-wheeler (2W) sales in rural India over the next four to eight quarters, driven by favourable factors such as a decent monsoon, rising crop prices, improved employment conditions, and increasing consumer confidence, its chief executive officer (CEO) Niranjan Gupta said on Wednesday. Amid tepid rural sales, he stated that there is a "strong case" for GST (goods and services tax) on entry-level two-wheelers, which are under 125 CC, to be moved down from 28 per cent to 18 per cent as they are used by "masses".
The cabinet of the new government led by Rekha Gupta balances representation of all major communities that propelled the Bharatiya Janata Party to power in Delhi with a massive majority after over 26 years.
The proposed no-confidence motion against All India Tennis Association (AITA) president Anil Jain has been withdrawn.
Justice Shekhar Kumar Yadav, an Allahabad High Court judge, is set to appear before the Supreme Court Collegium to explain his controversial statements made at a Vishva Hindu Parishad (VHP) function. The Supreme Court has sought a report from the Allahabad High Court after news reports surfaced regarding Justice Yadav's remarks, which were widely condemned as "hate speech". The judge's statements, made at a VHP event, sparked outrage from various quarters, including opposition leaders and lawyers. The Bar Association of India has also condemned the judge's remarks and called for an apology.
Major two-wheeler (2W) manufacturers in India witnessed a single-digit decline in domestic sales in November after dispatches had picked up in October for the festive season when wholesales went up by 14 per cent and retail also grew by 36 per cent.
External Affairs Minister S Jaishankar clarified the process of deportation of Indian nationals from the US, stating that it is not a new phenomenon and has been ongoing for several years. He assured the Rajya Sabha that the government is engaging with the US to ensure that the deported Indians are not mistreated during their transit. Jaishankar also emphasized the need for strong action against the illegal migration industry while ensuring ease of visas for legitimate travellers. The minister provided details about the number of Indians deported from the US since 2009, highlighting the peak in 2019 with 2,042 deportations.
In the shadows of a sliding rupee, India's knitwear hub Tiruppur is weaving a success story. While the domestic currency edges closer to the 86 mark against the US dollar, triggering concerns for many sectors, this textile town in Tamil Nadu is finding opportunity in adversity: Between April and December alone, Tiruppur's exports reached Rs 26,000 crore, almost eclipsing last financial year's total of Rs 30,690 crore.
'The incentives to switch to the new tax regime... are viewed as a negative due to potential loss of customers who buy policies for saving tax.' 'The tax-saving value proposition for the sector reduces.'
Amid slowing volume sales among India's major automakers, Toyota Kirloskar Motor (TKM) has defied the trend with strong growth, driven by demand for hybrid vehicles and a reliable product line up. The company expects this momentum to continue in 2025. "The overall response to our cars has been fabulous. So, we foresee the same momentum in 2025 as well," Sabari Manohar, vice-president, sales-service-used car business, TKM, said.
On the 94th anniversary of the revolutionary giant's martyrdom, Utkarsh Mishra revisits the events of February 27, 1931.
The Supreme Court on Friday said the plea seeking a policy for verification of electronic voting machines should go before the same bench that delivered a verdict in April rejecting the demand for bringing back the old paper ballots.
Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of industrialist Gautam Adani after the billionaire industrialist was charged in the United States for alleged bribery and fraud.
For the first time in history, the luxury car market is poised to cross the sales mark of 50,000 units in 2024, with Mercedes leading the way
If CAS rules in Vinesh's favour, she will be awarded a joint-silver in the women's 50kg freestyle category.
The BJP coined a new word for AAP, 'Aapda (crisis)', which Modi repeated constantly during the election campaign to show how Delhi residents's lives had become miserable under AAP's 11-year rule.
Officials said Clade 1b strain has been detected in a 38-year-old man from Malappuram district who had recently returned from the United Arab Emirates.
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
In the absence of national regulars, the focus will shift on the likes of Rinku, who was surprisingly not picked for the first round despite having an impressive first-class record.
Banking on the Budget's tax relief, the BJP seeks to energise Delhi's middle class; the AAP is doing its bit too. But will their outreach mobilise this politically crucial yet disengaged electorate?
The 2025 Sony World Photography Awards has announced its National and Regional Award winners, celebrating talent from 56 countries.
Credit-focused SIFs with lower minimum investment thresholds can provide a more practical option for investors with higher risk appetite, suggests Subodh Rai.
Among a sea of humanity that took the holy dip in the Sangam in their quest for 'moksha' on Monday was a large number of overseas visitors, soaking in the spiritual fervour at the world's largest gathering of humans.
US says it wants 'meaningful accountability' on results of India's probe into Pannun murder-for-hire plot
The Securities and Exchange Board of India (Sebi) on Thursday debarred Ketan Parekh, the stock market operator involved in the stock market scam of 2000, Singapore-based trader Rohit Salgaocar, and one other individual from the securities market for alleged front-running of trades of a United States (US)-based foreign portfolio investor (FPI). The FPI manages around $2.5 trillion worth of funds globally.
In a long battle, this is Rana's last legal chance not to be extradited to India.
As there is a moderation in car sales, dealer stock levels across the entire industry have surged to alarming heights. However, the situation is under control at HMIL.
More than two dozen lawmakers and prominent Indian Americans gathered at the US Capitol for the annual Diwali celebration, highlighting the contributions of the Indian American community and the strong US-India relationship. The event, organized by the BAPS Shri Swaminarayan Mandir, also featured addresses from several Congressmen and Senators who expressed support for Indian Americans and emphasized the importance of the US-India partnership.
With temperatures soaring in Paris Olympics, Indian athletes battling the soaring temperatures and lack of cooling in their rooms in the Paris Olympic Games Village have been provided with 40 portable air conditioners
User protection and a proposal for a licensing framework for companies seeking to operate in the cryptocurrency area will be part of an upcoming consultation paper on the sector, said a senior industry executive. Even as specific regulations around crypto are yet to take shape, companies are setting up baseline user protection processes, including a redressal mechanism, fraud detection, regular filing of suspicious transaction reports (STRs), among others.
A two-member team of the United Nations High Commissioner for Refugees (UNHCR) met Rohingya Muslims at a slum in Jammu amid a heated debate whether the illegally settled immigrants be provided water and electricity.
Leader of Opposition Rahul Gandhi on Thursday demanded immediate arrest of industrialist Gautam Adani after the billionaire industrialist was charged in the United States for alleged bribery and fraud.
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