India and Vietnam are vying with each other to woo semiconductor companies to their country. With the tension between the US and China escalating, and Taiwan getting vulnerable both countries are trying to present themselves as alternative destinations for global players. Vietnam, which started the effort as early as 2010, has got a leg-up after US President Joe Biden's visit last month.
'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.'
In 2023, the share of US electronics imports from India was a mere 1.9 per cent of the $520 billion they imported, while the total Indian electronics exports to the US was pegged at only $10 billion.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.
US President Donald Trump has threatened to impose tariffs on Apple products if the tech giant does not shift iPhone production from India to the United States. Trump said he expects iPhones sold in the US to be manufactured in America and not India, or anyplace else. He also said that he had a "little problem" with Apple CEO Tim Cook for building manufacturing facilities in India. Cook had previously said that the majority of iPhones sold in the US would have India as their country of origin. Experts say that shifting production to the US would be more expensive than assembling iPhones in India.
Gold rush: Yarraji, Sable, women's 4x400m relay finish on top to extend India's Asian C'ship dominance
The official said there are both challenges and opportunities for India as many of its competitor countries in exports, such as China Vietnam, Bangladesh, Cambodia and Thailand, face higher duties.
'We believe that in the new world order FTAs or bilateral trade agreements (BTAs) are the way forward.' 'They are enablers for our participation in global value chains. Today, around 70 per cent of global trade is tied to these chains.'
India's policy for agriculture trade must move commodity-by-commodity to gain maximum benefits as US President Donald Trump's 26 per cent tariff on exports from the country take effect, said agriculture economist Ashok Gulati in a recent policy paper.
Marico reported consolidated revenue growth of 20 per cent year-on-year (Y-o-Y) during the January-March quarter (Q4) of FY25. Domestic revenue surged 23 per cent Y-o-Y, while volume growth was 7 per cent. International growth stood at 11 per cent (16 per cent in constant currency growth).
Apple is hoping to assemble in India 25 per cent of all iPhones produced globally to reduce its heavy dependence on China.
If Beijing succeeds in this multipronged effort to challenge the current dominant power, it will have not just economic but political and security consequences. There is no let-up in the South China Sea nor any de-escalation moves on the India-China border. This portends to ominous signalling from Beijing, observes China expert Srikanth Kondapalli.
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
Donald Trump is catering to the basest fears and prejudice of unenlightened Americans -- yes, there are those too, in sizeable enough numbers to elect one of their own as president. That would most certainly not Make America Great Again, asserts Shreekant Sambrani.
'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.'
Protesters across the United States and Europe have gathered outside Tesla dealerships to express their opposition to billionaire Elon Musk's involvement in the US government, Al Jazeera reported.
Phan Van Duc (10th), Nguyen Van Toan (49th) and Nguyen Van Quyet (70th) scored for Vietnam to no reply from the Indians whose defenders had a mediocre outing, especially in the second half.
Various industry bodies have sought immediate government intervention through the imposition of anti-dumping duties, claiming India has seen a surge in imports of Chinese goods over the past two weeks.
Vietnam took the lead against the run of play in the dying minutes of the first half, when they cleared a corner by Danny, and Long Vu darted off past the half-line to initiate a counter-attack. He swiftly ran into the Indian box and slotted it into the net.
From high-end villas with private sommeliers to exclusive showcases at cultural centres to private sessions with Michelin-starred chefs and celebrities, hotel chains are pulling out all the stops
'The time has come to have a relook at the Constitution as every document has a shelf life.'
Top seed and 2018 winner Shi Yu Qi of China dispatched Indonesia's Chico Aura Dwi Wardoyo 21-13, 21-8 while compatriot Li Shi Feng, world number six, came from behind to beat Canadian Brian Yang 21-11, 18-21, 21-16.
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. The decision follows a recommendation for the same by the Commerce Ministry's investigation arm DGTR. Last month, the DGTR suggested to impose the duty.
'This strike has certainly enhanced your image.' 'Otherwise, people would have called you a damp squib, capable of doing nothing except talking big.'
'I remember our priests saying that he liked sea food. So, they cooked sea food for him without masala and spice.' 'It seems he enjoyed Kerala food very much.'
The Squad seeks to counter China's power assertions in the South China Sea region.
'Many of these issues will be resolved within 6 months because the US economy has started unravelling.'
Seafood is one of India's largest agricultural exports after basmati rice and buffalo meat.
Reetika Hooda blew away a 6-2 lead, conceding four points in the last 10 seconds of the women's 76kg final, to settle for a silver medal at the the Senior Asian Wrestling Championship 2025.
India play out 1-1 draw with Vietnam in international football friendly
Defence Minister Rajnath Singh is in Vietnam, meeting with his counterpart in Hanoi.
Zomato is at 5, Swiggy at 9, Blinkit at 10.
The 2025 Sony World Photography Awards has announced its National and Regional Award winners, celebrating talent from 56 countries.
Indian Grandmaster Aravindh Chithambaram moved closer to his first major tournament victory after drawing with David Navara in the eighth round of the Prague Masters.
Here is the complete list of tariffs imposed by US President Donald Trump on Wednesday.
Apple's ambitious strategy to expand iPhone exports, shift more production from China to India at a faster pace, and grow its domestic market hits a Trump-sized roadblock.
S&P Global Ratings on Monday said several Asia-Pacific economies could face higher tariffs under the Trump administration, while India, South Korea, and Thailand could be most vulnerable to trade retaliation. In its report titled 'Asia-Pacific Economies Likely To Be Hit By US Trade Tariffs', S&P said economies like Vietnam, Taiwan, Thailand, and South Korea have relatively greater economic exposure to the US, meaning that tariffs, if imposed, would have the largest economic impact.
'When Prime Minister Modi met President Trump, they agreed to initiate a bilateral trade dialogue.' 'It makes sense to give these negotiations a chance.'
US-based Citigroup is likely to allocate more global roles to India than to any other centre it operates in due to the country's strong talent pool, said Jane Fraser, chief executive officer of Citigroup, on Wednesday in an interaction with CNBC-TV18. Fraser also expressed confidence that India will remain the world's fastest-growing economy.
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