India is bracing for potential trade turmoil with the US as proposed 50% tariffs loom. Economist Swaminathan Aiyar suggests the dispute transcends trade, implicating geopolitics due to India's stance on Russian crude oil. Aiyar cautions about the impact on India's defense ties with the US, questioning future arms purchases if treated unfavorably. With just one day to go before the proposed 50% tariffs come into effect, India is bracing for a stormy phase in its trade relations with the United S...Read More
The Delhi High Court overturned a Central Information Commission order. The order had directed CBSE to release BJP leader Smriti Irani's Class X and XII records. The court stated her educational qualifications weren't statutory requirements for her public office. This decision came as the court allowed CBSE's petition challenging the CIC's previous directive. The Delhi High Court on Monday set aside an order of the Central Information Commission (CIC) directing CBSE to provide copies of the Cla...Read More
India's naval capabilities are set to receive a significant boost with the simultaneous commissioning of 'Udaygiri' and 'Himgiri' at Visakhapatnam. These Project 17A stealth frigates, built by MDL and GRSE respectively, represent a major step towards self-reliance in warship design and construction. The ships will enhance India's maritime security in the Indian Ocean Region. The Navy is all set to augment its combat readiness and strengthen India's ability to safeguard its maritime interests wi...Read More
Indian ready-made garment (RMG) industry revenue growth is projected to slow significantly due to the US imposing 50% tariffs on imports from India starting August 27, 2025. Crisil's analysis indicates a decline in profitability and weakened credit metrics for RMG exporters, particularly those heavily reliant on the US market. An analysis of over 120 ready-made garment (RMG) makers with a total revenue of Rs 45,000 crore by Crisil has shown that the revenue growth of the country's RMG industry ...Read More
Lucknow: Chief Minister Yogi Adityanath announced, on Tuesday, that every youth employed in Uttar Pradesh will be assured minimum wages, ending any scope for worker exploitation. He said companies must pay their employees fairly, while the state government will bear any additional burden. This initiative, he stressed, will guarantee dignified employment, job security, and complete protection of workers' rights. Inaugurating the three-day "Rozgar Mahakumbh 2025" in Lucknow, Chief Minister Yogi A...Read More
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India's GDP. Back in his first term, Donald Trump had first called India as the "tariff king." Now, in his second stint in the White House, he has repeated that often and is now bringing the 50 per cent tariff hit for New Delhi. The order, Executive Order 14329, links the penalty to...Read More
BusinessWire India Mumbai (Maharashtra) [India], August 26: Abbott, the global healthcare company, today announced the launch of the FreeStyle Libre 2 Plus sensor, Abbott's latest addition to the FreeStyle Libre sensor portfolio. This innovative device offers automatic glucose readings every minute straight to your phone, empowering people with diabetes to manage their condition with confidence, precision, and ease. People living with diabetes can see their glucose readings, without having to s...Read More
Ahmedabad: A day before US President Donald Trump's additional 25 percent tariff kicks in, Prime Minister Narendra Modi on Tuesday, August 26, made a vehement pitch for swadeshi and Make in India that should help create jobs in the country. Swadeshi should be everyone's life mantra and irrespective of who is investing, production must take place domestically, Modi asserted on a day when Japan's Suzuki Motor Corporation committed to invest over Rs 70,000 crore in the country in the next five to ...Read More
New Delhi: Maruti Suzuki India Ltd on Tuesday started the production of its electric sports utility vehicle (SUV) e-Vitara for exports to 100 countries from its Gujarat factory, marking the beginning of its EV push that contrasts with strategies of its domestic rivals. While Tata and Mahindra began their EV journey by first boosting sales in the domestic market, Maruti Suzuki is producing these cars majorly for exports, with its Japanese parent looking to test its mettle in the global EV market...Read More
Vishakhapatnam (Andhra Pradesh) [India], August 26 (ANI): Chief of Naval Staff Admiral Dinesh Kumar Tripathi on Tuesday highlighted the Indian Navy's growing maritime strength and its critical role in safeguarding national security, citing the operational success of 'Operation Sindoor'. Speaking at the commissioning ceremony of two state-of-the-art Project 17A multi-mission stealth frigates, INS Udaygiri and INS Himgiri, Admiral Tripathi said the Navy today stands as a 'credible deterrence agai...Read More
Mumbai, August 26: The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect on August 27 and bring the total tariff on Indian goods to 50 per cent. Stock markets traded under pressure today and slipped below crucial support levels, derailing the recent recovery momentum. At the end of the trading session, Nifty 50 at the National Sto...Read More
New Delhi, Aug 26 (SocialNews.XYZ) Cadillac have signed veteran duo Sergio Perez and Valtteri Bottas to be their drivers when the team joins the Formula 1 grid for the first time in 2026. The American squad, who are backed by General Motors and will be led by former Marussia Sporting Director Graeme Lowdon, will become the sport's 11th team next season. Cadillac have opted for experience with their line-up, signing 'Checo' Perez and Mercedes reserve Bottas - who boast 527 Grand Prix starts and ...Read More
New Delhi [India], August 26 (ANI): The revenue growth of India's readymade garment (RMG) industry is expected to slow sharply to 3-5 per cent this fiscal, nearly halving from last year's levels, according to a report by Crisil Ratings. The report added that that will impact the credit indicators for industry participants, as well as a drop in profitability. The impact will vary by company, some of which get more than 40 per cent of their revenue from the US, the report added, based on the ana...Read More
Mumbai (Maharashtra) [India], August 26: Abbott, the global healthcare company, today announced the launch of the FreeStyle Libre 2 Plus sensor, Abbott latest addition to the FreeStyle Libre sensor portfolio. This innovative device offers automatic glucose readings every minute straight to your phone, empowering people with diabetes to manage their condition with confidence, precision, and ease. People living with diabetes can see their glucose readings, without having to scan, and receive alert...Read More
Eternal Ltd, formerly known as Zomato, has been served with three orders by the Goods and Services Tax (GST) department, raising a demand of more than ₹40 crore. The orders, issued by the Joint Commissioner (Appeals)-4, Bengaluru, cover the period between July 2017 and March 2020. According to the company's regulatory filing late on Monday, the confirmed demand comprises GST of ₹17.19 crore, interest of ₹21.42 crore, and a penalty of ₹1.71 crore. ALSO READ: Zomato's Deepinder Goyal want...Read More
Mumbai, Aug 26 (PTI) The rupee depreciated 12 paise to close at 87.68 (provisional) against the US dollar on Tuesday, tracking weak domestic markets after the US issued a draft notice on plans to implement an additional 25 per cent tariff on Indian products. Forex traders said the rupee lost momentum as worries over the looming 25 per cent additional US tariff on Indian goods, set to take effect from August 27, drove strong dollar demand from importers. At the interbank foreign exchange market...Read More
MUMBAI/NEW DELHI, Aug 26 (Reuters) - Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington would impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation. Indian exports will face U.S. duties of up to 50% - among the highest imposed by Washington - after President Donald Trump announced extra tariffs as punishment for New Delhi's purchases of Russian oil. The new duties will ...Read More
Pathankot: Due to continuous rainfall over the past few days in both hilly and plain areas, water levels in rivers and streams passing through Pathankot district -- including the Ravi, Ujh, Jalalia, Chakki, and various canals and drains -- have exceeded their normal capacity. Consequently, the administration has issued warnings to the residents of the areas in advance.On Monday morning, water was released from the Ranjit Sagar Dam (Shahpurkandi), causing a further rise in the levels of Ravi rive...Read More
India's leading video game developers and publishers, including Nazara Technologies, Ludo King maker Gametion, and FAU-G: Domination creator nCore Games, are setting up a new industry body for greater representation, after the Centre introduced the new gaming legislation earlier this month. The Indian Game Publishers and Developers Association (IGPDA) will aim to provide a unified voice for India's interactive entertainment industry, focusing on innovation, collaboration and policy inputs. The...Read More
The Kerala State Lotteries Department conducts the weekly Karunya KR-720 lottery, drawn at 3 PM. Prizes range from Rs 1 crore to Rs 100. Winners have a 30-day window to claim prizes. Results are published in the Kerala Government Gazette. Karunya Lottery Results KR-720 is among the seven lotteries that are held by the Kerala State Lotteries Department weekly. The draw for the Karunya KR-720 lottery takes place at 3 pm. An alphabetical code identifies each lottery, and the code for the Karunya l...Read More
While no casualties were reported in the incident at the TVS Motor showroom, the Pune Fire Brigade rescued a man stuck inside the service centre. A showroom and service centre of TVS Motor in Pune's Bund Garden Road caught fire, leaving as many as 60 two-wheelers gutted, Monday night. While no casualties were reported in the incident, the Pune Fire Brigade rescued a man stuck inside the service centre. Pune Fire Brigade officials said 60 vehicles, including new and old electric and petrol-ope...Read More
Oil Marketing Companies (OMCs) saw a significant reduction in LPG under-recoveries during Q1 FY26, decreasing by approximately 35% due to price hikes and moderated sourcing costs. Despite this improvement, under-recoveries remained substantial, leading to a cumulative burden. The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline in the first quarter of FY26, narrowing by nearly 35 per cent quarter-on-quarter, according to a report by Care Edge Ratings. The report ...Read More
Penny stock under ₹5, Vantage Knowledge Academy, rallied 5% in intraday deals on Monday, August 25, to its upper price band following the official launch of its Chartered Global Investment Banker (CGIB) certification program. The company, with a market cap of just ₹142 crore, informed exchanges earlier in the day that its CGIB program was officially launched on August 23, 2025, at the MoneyExpo event held at Jio World Convention Centre, Mumbai. The CGIB certification is a comprehensive, thr...Read More
Sambalpur, August 25, 2025: IIM Sambalpur, one of the premier management institutions, successfully hosted the national flagship talk show "Ideas Matter Most." The two-day event, with the theme ""Navigating the Intersection of Tech and Entrepreneurship Towards Viksit Bharat @ 2047," witnessed the participation of policymaker, education leaders, entrepreneurs, and innovators to deliberate on India's growth trajectory. With a mission to create a platform that champions the transformative power of...Read More
China has begun construction of a massive hydropower dam on the Yarlung Tsangpo River, sparking concerns in India that Beijing could control water flows to Arunachal Pradesh. China's plans to create a mega dam in Tibet have sparked concerns in India over reduced water flows on the Brahmaputra river by up to 85% during the dry season, according to four sources familiar with the matter and a government analysis seen by Reuters. According to Xinhua news agency, China has officially begun construc...Read More
Apex exporters body FIEO raises alarm over rising US tariffs. Indian goods face increased duties from August 27, 2025. Textile manufacturers in Tirupur, Noida, and Surat have stopped production. Cost competitiveness is worsening. FIEO urges government support. They seek interest subvention schemes and export credit. Focus is on MSMEs. Diplomatic engagement with the US is crucial. Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that te...Read More
Gold prices fell ₹250 to ₹1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at ₹1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped ₹150 to ₹1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at ₹1,00,200 per 10 grams in the preceding session. However, silver prices rallied by ₹1,000...Read More
VISAKHAPATNAM: The Indian Navy commissioned two advanced stealth frigates, INS Udaygiri and INS Himgiri, under Project 17A, at the Naval Base in Visakhapatnam on Tuesday. Defence Minister Rajnath Singh presided over the ceremony, which marked the first time two frontline surface combatants built at different shipyards were commissioned simultaneously. Addressing the gathering, the Defence Minister reaffirmed the government's commitment to self-reliance in defence manufacturing, stating, "INS T...Read More
Surat (Gujarat) [India], August 21: KP Group, a leading name in India's renewable energy sector, is stepping up its expansion with a clear goal of reaching 10 GW capacity by 2030. With projects already underway in Gujarat, the Group is working on projects in Rajasthan, Madhya Pradesh, Odisha, Andhra Pradesh and Maharashtra, supported by a strong order book and government partnerships. KP Group has signed memoranda of understanding with Gujarat, Odisha, Rajasthan and Madhya Pradesh for over 2.6 ...Read More
New Delhi: Starting August 27, Indian exporters face a tough blow as the US slaps steep 50 percent tariffs on close to $60.2 billion worth of goods, covering two-thirds of India's approximately 86.5 billion exports to America. According to a report of the Global Trade Research Initiative (GTRI) labour-intensive industries like textiles, gems and seafood are bracing for up to a 70 percent collapse in shipments, threatening jobs and livelihoods. The report also suggests that some relief remains,...Read More