Author: Agencies
MUMBAI: Benchmark equity indices Sensex and Nifty declined in early trade on Thursday as US President Donald Trump slapped an additional 25 per cent duty doubling it to 50 per cent on Indian goods over New Delhi’s continued imports of Russian oil. The move that is likely to hit sectors such as textiles, marine and leather exports hard was slammed by India as “unfair, unjustified and unreasonable”. With this action singling out New Delhi for the Russian oil imports, India will attract the highest US tariff of 50 per cent along with Brazil. The 30-share BSE Sensex dropped 335.71 points…
NEW DELHI: Leaders of the Indian National Developmental Inclusive Alliance (INDIA) will hold a meeting at 10:15 AM on Thursday at the office of the Leader of the Opposition (LoP) in the Rajya Sabha in Parliament. Following the meeting, the INDIA bloc Members of Parliament will stage a protest at 10:30 AM in front of Makar Dwar inside the Parliament complex over the issue of the Bihar Special Intensive Revision (SIR) of electoral rolls. Meanwhile, the Lok Sabha will begin its proceedings on Thursday with Union Finance Minister Nirmala Sitharaman presenting an explanatory statement, placing the reasons for “immediate legislation…
NEW DELHI: Prime Minister Narendra Modi on Thursday released a commemorative coin and a centenary memorial stamp dedicated to highly acclaimed Indian geneticist Professor MS Swaminathan on the latter’s birth centenary. Prime Minister Narendra Modi inaugurated the MS Swaminathan Centenary International Conference today. The theme of the conference, “Evergreen Revolution, The Pathway to Biohappiness”, reflects Prof. Swaminathan’s lifelong dedication to ensuring food for all. The conference will provide an opportunity for scientists, policymakers, development professionals, and other stakeholders to discuss and deliberate on furthering the principles of the ‘Evergreen Revolution’. Key themes include sustainable management of biodiversity and natural resources;…
SRINAGAR: The Jammu and Kashmir Government has ordered publication of 25 books, their copies and other documents be forfeited, citing that such literature propagates false narrative and secessionism in J&K. As per the public notification issued by the Principal Secretary J&K Home Department Chandraker Bharti, the decision has been taken following the orders of the Jammu and Kashmir Lieutenant Governor Manoj Sinha. The government said the available evidence based on investigations and credible intelligence unflinchingly indicate that a significant driver behind youth participation in violence and terrorism has been the systematic dissemination of false narratives and secessionist literature by its…
NEW DELHI: Two old cartridges were recovered by the Delhi police during a search operation at the historic Red Fort in the national capital ahead of the Independence Day celebrations, police sources said on Thursday. A circuit board, which appeared old, was found along with cartridges that seemed to be damaged. According to sources, while both cartridges appear damaged, a forensic investigation will be carried out to determine further details. The recovered circuit board was suspected to be related to the lighting arrangements used during a previous event organised at the Red Fort. Delhi Police have filed an FIR following…
Technology giant Apple has announced a major push to expand its manufacturing base in the United States, including a decision to exclusively use rare-earth magnets made in the country. The announcement came during a press conference held on Wednesday (US time), where Apple CEO Tim Cook appeared alongside US President Donald Trump. Cook stated that Apple will now source only American-made rare-earth magnets for its devices. These magnets will be developed by MP Materials, the only fully integrated rare-earth producer in the United States. He stated, “This year alone, the American manufacturers are on track to make 19 billion chips…
NEW DELHI: Leader of Opposition in Lok Sabha Rahul Gandhi on Wednesday said US President Donald Trump’s 50 per cent tariff on Indian goods is “economic blackmail” to bully India into an unfair trade deal. Soon after Trump announced a penalty of another 25 per cent on India for buying Russian oil, the former Congress president said Prime Minister Narendra Modi should not let Indian interests be overridden. “Trump’s 50% tariff is economic blackmail – an attempt to bully India into an unfair trade deal. “PM Modi better not let his weakness override the interests of the Indian people,” Gandhi…
NEW DELHI: India on Wednesday described the US action of levying 25 per cent additional tariff on Indian goods as “unfair, unjustified and unreasonable”. New Delhi’s sharp reaction came shortly after US President Donald Trump signed an executive order imposing the fresh tariff citing India’s continuing purchase of Russian crude oil notwithstanding the Western sanctions. Also read: Trump’s tariff bully: Why India must make the US rethink its big mistakeThe new tariff is in addition to 25 per cent levies he has already announced. In a statement, the Ministry of External Affairs (MEA) said India will take all actions necessary…
WASHINGTON DC: US President Donald Trump on Wednesday signed an executive order imposing an additional 25 per cent tariff on goods coming from India as penalty for New Delhi’s Russian oil purchases. This comes in less than 14 hours before his initial tariffs were to come into effect. Earlier, on Tuesday the US President had said India has not been a good trading partner and announced that he will raise the tariffs on New Delhi “very substantially” over the next 24 hours because it is buying Russian oil. Reacting to Trump’s additional 25% tariff, Congress MP Shashi Tharoor said, “Uranium,…
JAMMU: Prime Minister Narendra Modi will virtually flag off a Vande Bharat Express train service between Amritsar in Punjab and Shri Mata Vaishno Devi Katra in Jammu and Kashmir on August 10, the Jammu Rail Division said on Wednesday. “The Vande Bharat train will provide a comfortable and faster travel experience to the passengers going to Shri Mata Vaishno Devi Katra,” Uchit Singhal, senior divisional commercial manager, Jammu Division, said. “Vande Bharat train No. 26406 will run from Shri Mata Vaishno Devi Katra to Amritsar while train No. 26405 will run from Amritsar to Shri Mata Vaishno Devi Katra six…