In a significant policy announcement from the Oval Office, President Donald Trump has declared a 25 per cent tariff on all imported vehicles entering the United States, a move he described as "very exciting" for domestic manufacturing. The tariffs, set to take effect on April 2, will impact nearly half of all vehicles sold in the United States, including American brands assembled overseas.
The only silver lining in March's performance -- which otherwise dragged down the financial year's momentum -- was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains, and new launches.
Reliance Industries Ltd on Friday reported a 2.4 per cent rise in its March quarter net profit as store rationalisation in retail business and improved margins in telecom helped offset weakness in mainstay oil and petrochemicals business and higher finance cost. Consolidated net profit of Rs 19,407 crore, or Rs 14.34 per share, in January-March - the fourth quarter of April 2024 to March 2025 fiscal (FY25) - was higher than Rs 18,951 crore, or Rs 14 a share, in the same period a year back, the company said in a statement.
BJP Tamil Nadu president K Annamalai and many party functionaries were detained by police in Chennai on Monday ahead of a protest against alleged irregularities in state-run liquor retailer TASMAC. The BJP had planned to picket the TASMAC headquarters over alleged Rs 1,000 crore irregularities, as claimed by the Enforcement Directorate (ED). Annamalai was detained near his house along with his supporters, and senior party leaders including Tamilisai Soundararajan were placed "under house arrest" by the police. The ED had earlier said it found "multiple irregularities" in TASMAC operations, including "manipulation" in tender processes and "unaccounted" cash transactions worth Rs 1,000 crore.
The Indian automotive market offers around 1 million units annual volume opportunity at a price above $23,000.
Ushering in reforms, Union Finance Minister Nirmala Sitharaman on Saturday proposed to open up the nuclear power sector for private players and announced a Rs 20,000 crore Nuclear Energy Mission for research in the field, with an aim to set up five small and modular reactors by 2033.
Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.
The government on Tuesday notified the Rs 22,919 crore scheme to promote domestic manufacturing of electronics components, display and camera modules, non-surface mount devices, multi-layer printed circuit boards and lithium-ion cells for digital applications, among others. The scheme is likely to be operationalised in the next 2-3 weeks.
The spinach callus tissue, sent by Amity University-Mumbai to space, has shown signs of growth in the POEM-4 module that is orbiting the earth at an altitude of 350 kms, scientists associated with the experiment said.
The Enforcement Directorate (ED) conducted searches at multiple locations in Tamil Nadu on Thursday as part of a money laundering probe linked to alleged irregularities in the Tamil Nadu State Marketing Corporation (TASMAC), including the purported role of its minister Senthil Balaji. The raids covered the offices of TASMAC, its employees, corporate offices of distilleries and plants, as well as "key associates" linked to Balaji, but not the minister's premises. The ED is looking into liquor sale transactions and the role of alleged middlemen in connection with TASMAC. Balaji, the minister for electricity, is also in charge of TASMAC, which holds a monopoly over liquor trade in the state. The agency is also investigating Balaji's role in an earlier money laundering case linked to the "cash for jobs scam" in the state transport department. He was arrested in that case but is currently out on bail.
The incident took place on the intervening night of April 8-9 near Dorangla village in Gurdaspur district. The Border Security Force (BSF) has issued an "alert" all along the 553 km of this front in Punjab and suspension of farming around the blast area.
Meet the Bollywood stars who have opted for plant-based diets.
The Indian Space Research Organisation (ISRO) has announced that cowpea seeds sent to space onboard the PSLV-C60 POEM-4 platform have successfully germinated under microgravity conditions, marking a significant milestone for India's space program. This experiment, known as CROPS (Compact Research Module for Orbital Plant Studies), aims to understand how plants grow in the unique conditions of space, which is essential for future long-duration space missions.
'We don't have to compete with Maharashtra or Gujarat. We have to now start thinking about how we compete with the United States or China.'
The number of suspected Guillain-Barr Syndrome (GBS) deaths in Pune district, Maharashtra, has reached six after a 63-year-old man died. The outbreak has been linked to water contamination caused by campylobacter jejuni, a common bacterial pathogen that causes gastroenteritis and can trigger GBS. The number of suspected GBS cases has risen to 173, with 140 diagnosed with GBS. 34 patients are in Pune Municipal Corporation limits, 87 from newly added villages in PMC area, 22 from Pimpri Chinchwad civic limits, 22 from rural parts of the district, and eight from other districts. Of the 173, a total of 72 have been discharged, 55 are in ICU and 21 are on ventilator support.
The Indian government has stated that the water in the Ganga river at Triveni Sangam in Prayagraj was fit for bathing during the recently concluded Maha Kumbh, citing a new report from the Central Pollution Control Board (CPCB). The report, however, contradicts an earlier CPCB report that found high faecal coliform levels at several locations in Prayagraj during the Maha Kumbh. The government also highlighted measures taken to ensure water quality during the event, including the installation of sewage treatment plants and the use of advanced oxidation techniques to treat wastewater.
The Congress demanded that the government and the Election Commission come clean on the EVM issue and urged the Supreme Court to take suo motu cognisance of the matter.
Starlink's application for offering satcom services in India had been held up for the company's inability to comply with mandatory ownership disclosure norms.
The Supreme Court of India has dismissed a petition filed by an NGO challenging the construction of a renewable energy project at the Jayakwadi Dam in Maharashtra. The court criticized the NGO for opposing the project, stating that it would be detrimental to the country's progress if every project was resisted. The court also raised questions about the NGO's bona fides and funding, suggesting that it may have been influenced by a company that lost the tender for the project. The project, a floating solar power plant, was approved by the National Green Tribunal (NGT) and the Ministry of Environment, Forests and Climate Change. The NGT had previously dismissed the NGO's plea, stating that it could not find any law prohibiting such activities in the eco-sensitive zone. The Supreme Court upheld the NGT's decision, finding no grounds to interfere.
Prime Minister Narendra Modi received a tri-services ceremonial welcome in Colombo, Sri Lanka, marking the first time such an honor has been bestowed upon a foreign leader. The welcome took place at the historic Independence Square, the venue for national day celebrations. Modi's visit comes as Sri Lanka shows signs of recovery from a recent economic crisis, with India playing a significant role in providing assistance. During the visit, both leaders are expected to discuss a range of issues, including defense cooperation, energy, and digital initiatives.
'You have to separate the concept of India as a nation State which is very young and the Upanishadic wisdom which is timeless.'
Leading home-grown companies - Dixon Technologies (India), Amber Enterprises India, Tata Electronics, Chennai-based Munoth Industries, and Murugappa Group - along with global majors such as Japan's TDK Corporation, Taiwan's Hon Hai Technology Group (Foxconn), Austria's AT&S Austria Technologie & Systemtechnik AG (AT&S AG), and Japan's Murata Manufacturing Co, among others, have expressed initial interest in participating in the Rs 22,919 crore production-linked incentive (PLI) scheme cleared by the Union Cabinet, according to those privy to stakeholder discussions with the government.
Gout Gout underlined his startling potential and earned more comparisons with Usain Bolt by running the 200 metres in a wind-assisted 19.98 seconds at the Queensland state championships.
An anti-graft panel in Bangladesh has launched an investigation against former prime minister Sheikh Hasina and her family in connection with the allegations of embezzling $5 billion in the Rooppur nuclear power plant, according to a media report.
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.
A Dhaka court has ordered the freezing of 31 bank accounts linked to ousted prime minister Sheikh Hasina, her family members and their associates over corruption allegations. The accounts, holding a total of Tk 394.6 crore (INR 281.2 crore approximately), belong to Hasina, her son Sajeeb Wazed Joy, daughter Saima Wazed Putul, sister Sheikh Rehana, nephew Radwan Mujib Siddiq Bobby and their related organizations. The Anti-Corruption Commission (ACC) claims Hasina and others are trying to transfer the money from these accounts, prompting the court to issue the freezing order.
The traffic control room at Worli received a message around 12.30 am on Friday, claiming that there would be blasts in Mumbai as bombs had been placed at six locations in the country's financial capital.
'The Pakistani government's growing fear of Dr Mahrang's rising popularity is evident.' 'Her defiance is inspiring.'
'It can position itself as a China Plus One solution, fulfilling the demands of developed economies.'
With several cases of Guillain-Barre Syndrome (GBS) being detected in Sinhgad Road area in Pune, local residents on Tuesday claimed that contaminated water of a well on private land could have led to the outbreak.
The unloading of 337 tonnes of hazardous waste from the defunct Union Carbide factory in Bhopal began at an incineration unit in Pithampur, Madhya Pradesh. The exercise, which commenced amid protests from locals concerned about its impact on health and environment, is being carried out following safety regulations. The waste, comprising soil, reactor residues, pesticide remnants, and other materials, has been transported from Bhopal to Pithampur for disposal. The Madhya Pradesh Pollution Control Board has asserted that the chemical effects of certain substances in the waste have diminished. The local administration has launched an awareness campaign to address concerns regarding the disposal process.
Trump has made clear his intention to mediate a resolution between the two nations, emphasising the need for a swift de-escalation of violence.
Rahi opened up about her recent battle with neuropathic pain syndrome, a mysterious and excruciating condition that left her bedridden and stripped of any sense of normalcy for months.
The party also doubted "there is no way of knowing with certainty as to whether these weapons were indeed recovered during the search or whether they were surreptitiously planted by the CBI or NSG".
Five juveniles were arrested by Delhi Police on Thursday for two murders in east Delhi. CCTV footage from both crime scenes showed the same five suspects, leading to a 13-hour manhunt. The juveniles, who were in a drunken state, first murdered a man in Ghazipur and then attacked a passerby in New Ashok Nagar. Police apprehended the suspects after reviewing CCTV footage and tracking their movements through Automatic Number Plate Recognition (ANPR) cameras.
What transpired during that drive was one of the most compelling investment pitches made by an Indian state in decades.
Earlier, Trump has already talked about slapping "100 per cent tariffs" on the BRICS grouping, a bloc that includes India as well.
'It won't be a V-shaped recovery. It'll be consolidation.' 'Investors might exit during that grind. It'll be painful.'
The Enforcement Directorate (ED) has uncovered "multiple irregularities" in the operations of TASMAC, the state-run monopoly controlling liquor trade in Tamil Nadu. The agency found evidence of "manipulation" in tender processes and "unaccounted" cash transactions worth Rs 1,000 crore through distillery companies. The ED alleges that these irregularities involved "kickbacks" to secure increased supply orders from TASMAC and systematic inflation of expenses by distillery companies to siphon off unaccounted cash.
Some of India's largest conglomerates are gearing up to either commission or commercially start the first phase of their new energy projects this year, according to company executives and analysts.
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