Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.
'There is definitely tepid demand because of the (reciprocal tariff) uncertainty.'
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. US tariffs of 50 per cent on Indian goods came into effect on August 27.
'These Marathas are farmers and they only do farming. They have no other business other than farming. Now, they want reservations because farming is no longer a profitable business.'In this interview, veteran farmers' rights advocate and founding member of the Shetkari Sanghatna, Vijay Jawandhia, with Syed Firdaus Ashraf/Rediff unpacks the historical and structural roots of the agitation.
Prime Minister Shigeru Ishiba's sudden resignation after only a year in office has thrown Japan into political turmoil, raising doubts about how the country will handle economic and regional challenges, observes Dr Rajaram Panda.
As the 50 per cent US tariffs on the Indian imports came into effect on Wednesday, the stakeholders of the diamond industry in Surat believe that the market will be affected due to US' decision only for a short period of time as India controls 90% of diamond production.
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.
A man has been arrested in Mumbai for allegedly murdering his maternal aunt's three-year-old son in Surat and dumping the body in the toilet of an express train.
'It's a big milestone and a matter of pride for us to represent India in the world forum.'
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
Prime Minister Narendra Modi hailed 100 years of Rashtriya Swayamsevak Sangh (RSS) as a "very proud and glorious" journey and saluted all its volunteers for their dedicated service to the nation.
To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.
'Things may get much worse before they get better,' predicts Ajay Chhibber.
Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.
'What the US appears to be doing is to force India to be "the buyer of last resort", on whom their products can be dumped, 1.4 billion people have to eat something, so why not eat American corn?' 'What is exercising the Trump lot is the fact that most of the farms are in solidly Republican Midwestern states: Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin,' points out Rajeev Srinivasan.
Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.
India is projected to grow at 6.4 per cent in fiscal year 2025 and 2026, and the country's stable growth is driven by a reform momentum supporting robust consumption growth and a push for public investment, the International Monetary Fund has said. The IMF released its World Economic Outlook (WEO) Update on Tuesday.
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.
The central government has proposed just two tax rates of 5 per cent and 18 per cent in the revamped Goods and Services Tax (GST), slated to replace the current indirect tax regime by Diwali this year, highly placed sources said.
Mohammed Siraj launched Stumped: Life Behind and Beyond the Twenty-Two Yards, the autobiography of 1983 World Cup-winning wicketkeeper Syed Kirmani.
A godown employee in Delhi stole over Rs 4 lakh from his employer after befriending the guard dogs. The theft was motivated by the employer's refusal to grant him a salary advance.
'That a song can carry the weight of a people's dreams and move hearts across the world.' On Bhupen Hazarika's 99th birth anniversary, Prime Minister Narendra Modi pays rich tribute to the legendary singer and composer.
More than 25 crore workers engaged in sectors ranging from banking, insurance, postal to coal mining, highway and construction are expected to go on a nationwide general strike on Wednesday, potentially disrupting services across the country. A forum of 10 central trade unions and their associates has called for a general strike or 'Bharat Bandh' to "oppose the anti-worker, anti-farmer and anti-national pro-corporate policies of the government".
'Arundhati Roy is like a ballerina performing on a high wire, cool, supremely at ease but conscious of all the adoring eyes on her,' notes P Vijaya Kumar.
A 10-year-old boy died and several others were injured in a suspected cylinder blast in Bengaluru. The Chief Minister has announced compensation for the victim's family and medical assistance for the injured.
Defending US Open champion Jannik Sinner continued his stellar run at the hardcourt Grand Slams with a 6-1, 6-1, 6-1 hammering of Kazakh 23rd seed Alexander Bublik on Monday to make the quarter-finals at Flushing Meadows.
'The state governments of Gujarat, Maharashtra and Tamil Nadu will be encouraged to consider measures of their own as the employment and economy in such export-oriented states will be affected.'
The Gujarat police have arrested three individuals for allegedly acquiring hacked videos of women patients and selling them through YouTube and Telegram. The accused, who hail from Maharashtra and Uttar Pradesh, reportedly used international hackers to obtain the clips, which appeared to be from CCTV footage of a Rajkot-based hospital. The police identified and arrested the trio who were allegedly running this racket, after videos of women patients being examined by doctors inside the labour room of a hospital were circulated online.
The avalanche hit the BRO camp between Mana and Badrinath between 5:30 am and 6 am on Friday, burying the workers inside eight containers and a shed, according to the Army.
The officials identified the deceased as Ashwani Sharma (24), his brother Dwarka Nath (55), niece Virta Devi (26) and their guest Om Raj (38), a resident of Banshara in Rajgarh. The rescuers are searching for Sharma's sister-in-law, Bidya Devi (55).
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
For 62-year-old Raj Vir, who was exonerated on Thursday in a case registered under the Gangsters Act, justice did not come swiftly.
Maharashtra minister Manikrao Kokate was shifted from the agriculture ministry to the sports and youth welfare department in a late-night reshuffle. Dattatrey Bharne will be the new agriculture minister. The reshuffle comes after Kokate faced controversy for playing online rummy during a legislative council session and allegedly equating farmers with beggars.
Fijian Prime Minister Sitiveni Rabuka discussed US tariffs on Indian goods with Prime Minister Narendra Modi, noting that "somebody is not very happy with you." The discussion occurred during Rabuka's visit to India to strengthen ties.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.
This is a third attack on non-local labourers in Kashmir in the past one week.
'The Football Players Association of India (FPAI) and FIFPRO have been in constant contact with players across the ISL and have raised the matter with FIFA and the AFC on their behalf.'
Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.
State governments have requested the Centre for export incentives, lifting of import duty in the case of cotton for the textile sector and GST exemptions.
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