India's political landscape is ablaze with activity! From the ongoing debates surrounding the new farm bills and their impact on rural India, to the upcoming state elections shaping the national narrative, the stakes couldn't be higher. Key political figures are maneuvering strategically, with alliances shifting and power dynamics constantly in flux. The opposition's challenge to the ruling party is intensifying, sparking vigorous debates on crucial policy matters including economic reforms and social justice initiatives. Parliamentary proceedings are filled with heated exchanges, reflecting the deep divisions within the nation. This evolving political climate directly impacts the lives of every Indian citizen, influencing everything from economic opportunities to social welfare programs. Stay informed about the latest developments in Indian politics, from crucial legislative decisions to grassroots movements, by exploring Abtak.com for in-depth analysis and breaking news updates. Understanding the intricacies of our political system is crucial; stay engaged, stay informed, and stay ahead.
New Delhi: Amid rising tensions with Russia, US President Donald Trump has ordered deployment of two nuclear submarines near Russia. He has also threatened it to face serious consequences. However, he did not say where the submarines will be deployed. Trump informed about this decision on the social media site Truth Social. He blamed the provocative rhetoric of former Russian President Dmitry Medvedev for his decision. During his visit to Scotland on July 28, Trump had announced that Russia has 10 to 12 days to end the Ukraine war. If Russia does not agree to negotiate for a ceasefire during this time, then 'secondary tariffs' will be imposed on countries trading with Russia. Trump wrote on the social media site Truth Social, "Due to the provocative rhetoric of former Russian President and Deputy Chairman of the Security Council Dmitry Medvedev, I have ordered the deployment of two nuclear submarines near Russia, so that provocative statements remain limited to rhetoric only. Words are very precious and sometimes inadvertently serious consequences can be suffered. I hope this will not be such a case." When Trump called it a dead economy, Russia reminded him of Dead Hand. Dead Hand was an old nuclear weapon control system of Russia that was capable of launching a retaliatory attack even if the country's leadership was gone. Trump had called India and Russia dead economies after imposing 25% tariff on India on July 30. He had said, "Let India and Russia sink with their economies, what does it matter to me." In response to this, former Russian President Dmitry Medvedev had said that the US President has panicked. Medvedev had written on Telegram, "Trump should remember the dangerous power of the Dead Hand, even though it no longer exists. If the powerful President of America gets so scared by a few words of the former President of Russia, then Russia's path is absolutely correct. We will continue on our path."
U.S. President-elect Donald Trump said on Monday that on his first day in office he would impose a 25% tariff on all products from Mexico and Canada, and an additional 10% tariff on goods from China, citing concerns over illegal immigration and the trade of illicit drugs. "On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders," Trump said in a post on Truth Social. Trump said the tariffs would remain in place until the two countries ...Read More >
Iran plans to significantly expand its uranium enrichment capacity, raising proliferation concerns despite claims of peaceful intent Iran has informed the UN nuclear watchdog that it plans to install more than 6,000 extra uranium-enriching centrifuges at its enrichment plants and bring more of those already in place online, a confidential report by the watchdog said on Thursday. The International Atomic Energy Agency report seen by Reuters details what Iran meant when it said it would add thousands of centrifuges in response to a resolution against it that the IAEA's 35-nation Board of Gover ...Read More >
Hyderabad, Dec 18 (Maxim News): The Cyberabad Police, in collaboration with the Society for Cyberabad Security Council (SCSC), launched a significant awareness initiative under the project P.R.O.T.E.C.T. (Preventing Risks Online Through Education, Collaboration, and Training) on December 17, 2024, at the Cyberabad CP Office Main Conference Hall. Click Here To Join Us On WhatsApp Cyberabad CP Avinash Mohanty said & quot; Cybercrime has become one of the fastest-growing challenges in our society today, and it is a privilege for all of us to gather here to discuss solutions. Every year, cyber c ...Read More >
Bengaluru -- Gold prices rose for a second session on Tuesday as the dollar weakened, with markets evaluating the possible consequences of US President Donald Trump's policies in his second term after his inauguration. Spot gold gained 0.6% to $2,724.74/oz by 2.40am GMT. US gold futures was 0.2% lower at $2,742.50. The dollar was down about 1% after reports suggested any new taxes would be imposed in a "measured" way. A weaker dollar makes gold more attractive to foreign buyers. "There is a sense of relief in risk sentiment to know that tariffs have not been an immediate focus. The unwindin ...Read More >
Mumbai, Feb 10: The rupee on Monday plunged 45 paise and moved closer to the 88 per US dollar-level, weighed down by the strength of the American currency tariff concerns, but eventually settled at 87.45, up 5 paise, following RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25 per cent tariffs on steel and aluminum imports, along with reciprocal tariffs targeting countries taxing US exports. The move has added jitters over the global trade war with China's reciprocal duties coming into effect, they said. At the interban ...Read More >
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New Delhi: The ongoing clash between Elon Musk and Donald Trump has taken a dark and explosive turn. On June 6, the Tesla CEO sent shockwaves across social media by accusing the US president of hiding crucial Jeffrey Epstein files because Trump's name allegedly appears in them. In a post on X (formerly Twitter) that is already stirring up huge debate, Musk wrote, "Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT!" He further added, "Mark this post for the future. The truth will come out." ...Read More >
Fiuggi, November 27 (IANS): Foreign ministers from the Group of Seven (G7) countries called on Israel to comply with its obligations under international law at a meeting. The ministers said in a statement that they support a ceasefire between Israel and Hezbollah and the full implementation of United Nations Security Council Resolution 1701, Xinhua news agency reported. The ministers expressed their concern about the humanitarian situation in Gaza. They called on the Israeli government to ease obstacles on humanitarian aid to civilians in areas rocked by conflicts. They said that "Israel mu ...Read More >
(Also read: Sakshi Dhoni's touching gesture for Bengaluru family who wanted pic with MS Dhoni on flight) Known for his calm and composed demeanour on the cricket field, Dhoni, often referred to as "Captain Cool", surprised his followers with his spontaneous and energetic participation in the cultural dance. The video presented a side of the iconic cricketer that fans don't usually associate with the man famed for his leadership during India's 2011 ICC ODI World Cup and 2007 T20 World Cup victories. The legendary cricketer's willingness to embrace and enjoy local culture while spending time wi ...Read More >
HYDERABAD: Amid a rising controversy over US President Donald Trump's claim of having negotiated a ceasefire between India and Pakistan after Operation Sindoor, Telangana chief minister A Revanth Reddy on Wednesday claimed that the Narendra Modi government succumbed to pressure from Trump and backed down from the opportunity to crush terrorism and defeat Pakistan following the Pahalgam terrorist attack.Former Prime Minister Indira Gandhi had turned down the US President's offer to mediate and stop the war with Pakistan in 1971. It is unfortunate, Revanth said, that the present US President cla ...Read More >
JAKARTA (Reuters) - Indonesia and Canada on Monday signed a Comprehensive Economic Partnership Agreement (CEPA) that aims to strengthen economic ties between the two G20 members, three years after negotiations began. The agreement will take effect in 2026 and was signed in Jakarta by trade ministers of both countries. Indonesia's trade minister, Budi Santoso, said Indonesia appreciated Canada's support for its plan to prioritise its critical minerals sector, which was vital for its sustainable growth. "Together, we advance sustainable critical mineral management, supporting Indonesia's net ...Read More >
As per Moneycontrol's calculations, a 7 per cent growth in the remaining two quarters will put India's GDP at 6.5 per cent. The Indian economy would find it challenging to achieve over 7 per cent growth for the fourth consecutive year, economists said. They pointed out that the second-quarter (Q2) Gross Domestic Product (GDP) data, which was announced on November 29, has made the task even more daunting for the government. "A sharper than expected growth slowdown in Q2 has tilted risks to our outlook of 6.8 per cent for the current fiscal downwards," said DK Joshi, chief economist, Crisil. ...Read More >
The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration Nato foreign ministers looked set to rebuff Tuesday a push from Ukraine for progress on joining their alliance ahead of Donald Trump taking power in the United States. The incoming US president has vowed to press for a quick deal to end Russia's war - leaving Kyiv scrambling to position itself ahead of his January inauguration. Ukraine's President Volodymyr Zelenskyy has said getting security guarantees from the Western alliance and ...Read More >
FRANKFURT (Reuters) - Import tariffs expected to be implemented by the administration of U.S. President-elect Donald Trump could lower economic growth and inflation in the 20 nations sharing the euro, European Central Bank board member Piero Cipollone said on Tuesday. Most economists agree that the possible tariffs would impact growth, though views diverge on the effect on consumer prices. Some argue the U.S. trade barriers will push up the value of the dollar, making imports of key commodities more expensive, while likely retaliation from Europe will also raise costs. Cipollone, speaking i ...Read More >
Trump warns BRICS nations against replacing US dollar Dec 2 (Reuters) - A gauge of emerging market stocks rose on Monday, driven by positive manufacturing data from China and expectations of continued policy support from Beijing, while India's rupee hit a record low because of weaker-than-expected economic data. As of 0932 GMT, the MSCI's index for emerging market stocks had risen by 0.7%, on track for its biggest percentage gain in over three weeks. China's blue-chip CSI 300 climbed 0.8%, and the Shanghai Composite index jumped 1.1% after a private survey indicated that Chinese factory act ...Read More >
New Delhi, Dec 12 (PTI) Terming the 5.4 per cent GDP growth in the second quarter as a "temporary phenomena", FICCI President Harsha Vardhan Agarwal on Thursday said the industry body expects India to achieve 6.5-7 per cent economic growth in the current financial year, while projecting a pick up in private investment. In an interview to PTI, Agarwal, who is also the Vice Chairman & Managing Director of Emami Ltd, said the RBI needs to manoeuvre a "tight-rope balancing act" between inflation and economic growth, as he opined that the central bank has been doing a prudent job. Notably, the FI ...Read More >
Srinagar, May 21: Jammu and Kashmir Pradesh Congress Committee (JKPCC) president Tariq Hameed Karra on Wednesday hit out at External Affairs Minister S Jaishankar's statement that India had informed Pakistan beforehand about the missile strikes on terror infrastructure in the neighbouring country. "Our external affairs minister says that we informed Pakistan that we are going to strike at terror training centres. Are wars fought like this? Do you give advance notice?" Karra said, while addressing a 'Jai Hind' yatra in Anantnag district. The JKPCC chief also questioned the BJP-led central gov ...Read More >
The U.S. dollar continued its strong run on Monday, bolstered by soaring Treasury yields and expectations of limited Federal Reserve rate cuts. Meanwhile, the yen steadied ahead of a key speech by Bank of Japan Governor Kazuo Ueda, where he may hint at a possible rate hike in December, with markets pricing a 55% chance of such a move. Japanese Finance Minister Katsunobu Kato's warning on yen intervention caused a temporary pullback, while the dollar index touched a one-year high of 107.07. Analysts forecast further dollar gains as U.S. economic policies and performance outshine global peers. K ...Read More >
Euro zone government bond yields increased slightly as investors await upcoming inflation data that may influence the European Central Bank's policy direction. Concerns over potential tariff hikes from the U.S. could further impact ECB strategies. Germany's bond yields and political tensions in France also add to the economic uncertainties. On Tuesday, euro zone government bond yields saw a minor increase after hitting multi-week lows in the previous session. Investors are keenly awaiting inflation data later this week that could provide insight into the European Central Bank's potential poli ...Read More >
China and Hong Kong stock markets are experiencing a downturn due to rising concerns over the U.S.-China trade war, particularly regarding proposed tariffs and chip sales restrictions. The CSI300 and Shanghai Composite indexes fell, while Hong Kong's Hang Seng Index dropped 1.32%. Investors are wary of potential new restrictions on semiconductor and AI chip exports to China, further exacerbating market uncertainty. The automotive sector, led by BYD, also suffered from intense price competition among Chinese carmakers. Investor sentiment remains cautious, reflecting fears of escalating trade te ...Read More >
Uber has launched India's first Shikara ride on Srinagar's Dal Lake, offering a unique and scenic experience. This new service allows passengers to enjoy the tranquil beauty of the lake while riding in a traditional Shikara boat. Booking is easy through the Uber app, with rides available daily from 10 AM to 6 PM. This initiative aims to boost tourism in the region while providing locals with a new way to experience the lake. With Uber's entry into the Shikara market, visitors can now enjoy a blend of modern convenience and traditional charm on Dal Lake. ...Read More >
The Chinese yuan was also facing its own challenges from the growing threat of more U.S. tariffs on China, pushing it down to a 13-month trough. Japan's tech-heavy Nikkei jumped 1.6% as of 0200 GMT, and South Korea's KOSPI advanced 1.7%. Taiwanese shares gained 1.1%. Australia's stocks benchmark rose 0.7% and reached a fresh all-time high. However, Chinese stocks were under pressure, with Hong Kong's Hang Seng edging slightly lower and mainland blue chips falling 0.3%. MSCI's broadest index of Asia-Pacific shares added 0.7%. Both S&P 500 and Nasdaq futures were flat after the cash indexes ...Read More >
New Delhi, Feb 4 (PTI) Finance Secretary Tuhin Kanta Pandey on Tuesday said the government has taken measures to lower fiscal deficit and delivered a non-inflationary Budget, and hoped that the RBI's monetary policy will work in tandem with fiscal policy to support growth. He also said that although rupee depreciation increases inflation on imported inputs, it also adds to export competitiveness. Pandey said that the government has bettered its fiscal deficit projections for the current fiscal as well as the next. The fiscal deficit for FY'25 has been pegged lower at 4.8 per cent of GDP, low ...Read More >
New Delhi [India], May 29 (ANI): After a federal court of the United States struck down a reciprocal tariff announced by US President Donald Trump, the Global Trade Research Initiative (GTRI) said that India should proceed cautiously in its ongoing Free Trade Agreement (FTA) negotiations with the US. A Manhattan-based federal court on May 28 struck down Trump's move to impose reciprocal tariffs on the trading partners of the US and ruled that he can't use emergency power to impose tariffs on foreign countries; it has to come from Congress. The order of the court determined that the tariffs, ...Read More >
Beijing: China has expressed its willingness to engage in dialogue with the United States following recent threats by former President Donald Trump to impose new tariffs on Chinese goods. The statement comes amid growing tensions between the two economic giants over trade practices, technology policies, and geopolitical issues. Chinese Foreign Ministry spokesperson, Wang Wenbin, said that China was open to "constructive dialogue" with the U.S., emphasizing the importance of cooperation to ensure global economic stability. "China believes that both countries should seek common ground and manag ...Read More >
TOI correspondent from Washington: In a warning shot that echoed across major world capitals and business majors on Tuesday, US President-elect Donald Trump said he will issue executive orders on day one of his presidency imposing new tariffs on all imported goods from China, Mexico and Canada, Washington's three largest trading partners, to stop the "invasion" of illegal migrants and drugs into the United States. In a post on his Truth Social platform, Trump put the onus of containing illegal border crossings squarely on two immediate neighbors on its southern and northern borders, saying "b ...Read More >
Russia's nuclear doctrine has been updated to affirm its nuclear umbrella for primarily the six member states of the Collective Security Treaty Organization (CSTO), including an explicit focus on Belarus. The announcement followed a joint meeting of the CSTO's Council of Foreign Ministers, Council of Defense Ministers, and Committee of Security Council Secretaries held in Astana. According to the state news agency TASS, Russian Security Council Secretary Sergei Shoigu highlighted the revisions, emphasizing Moscow's commitment to protecting its allies under the CSTO. The CSTO, formed in 2002 ...Read More >
Trump's pressure on countries to remain tied to a US-dollar-based financial system could backfire, with potential increased motivation for BRICS to create alternatives. While the dollar's dominance persists due to existing economic strengths, recent global currency agreements indicate a cautious shift away from reliance on the greenback.Donald Trump's pressure on countries around the world to stay anchored to a US-dollar-based financial system is a tactic that risks backfiring, market watchers say. Dollar dominance looks set to continue for the foreseeable future and emerging nations' idea of ...Read More >
NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawal ...Read More >
(Image for representation purpose; Credit: Getty Images) The Israeli Defense Forces (IDF) on Thursday carried out their first airstrike since the ceasefire went into effect, targeting a Hezbollah rocket facility in southern Lebanon. The IDF stated that its fighter jets struck the facility after identifying activity that violated the terms of the ceasefire. The facility, which had been used to store medium-range rockets, was targeted as part of efforts to neutralize the threat posed by Hezbollah. The military emphasized that it remains actively deployed in southern Lebanon and is committed to ...Read More >
Stock market today: The Indian stock market clocked healthy gains for the third consecutive session on Tuesday, December 3, led by gains in shares of select heavyweights, including Reliance Industries, HDFC Bank and Larsen and Toubro. Benchmark index Nifty 50 jumped 0.70 per cent to the level of 24,445.80, breaking above its 50 and 100-day exponential moving averages (DEMA). According to Trendlyne, an equity research platform, Nifty 50 is above its 100-day EMA of 24,306 and 50-day EMA of 24,364. However, the index is yet to breach its 50-day and 100-day simple moving averages (SMAs) of 24,643 ...Read More >