Trump's 25% tariff on steel and aluminum imports, effective Wednesday, aims to boost US factory jobs despite market concerns. Exemptions are removed, and aluminum tariffs increased to 10%. These measures may challenge Indian steel manufacturers and prompt international trade disputes, while US domestic steel producers may benefit from higher prices and market access.
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External Affairs Minister S Jaishankar emphasized India's independent foreign policy, rejecting external influence on its decisions. He stressed the importance of embracing Indian heritage and tradition in a globalized world, advocating for a balance between progress and cultural identity. Jaishankar highlighted India's growing global influence and commitment to development while acknowledging existing challenges and the need for national self-belief.
A 29-year-old IIM Bangalore student, Nilay Kailashbhai Patel, was found dead at his hostel after celebrating his birthday. Initial investigations suggest an accidental fall from the second floor. No official complaint has been lodged, and the exact cause of death awaits the post-mortem report.
High-stakes nuclear negotiations between Iran and the United States have commenced in Rome, mediated by Oman, aiming to address Tehran's nuclear program. These discussions occur amidst heightened regional tensions, including the Israel-Hamas conflict and US airstrikes in Yemen.
Mohammed Sinwar, the younger brother of slain Hamas leader Yahya Sinwar, has risen to a crucial leadership role within Hamas. Amidst Israel's ongoing military attacks, Mohammed has been instrumental in rebuilding the group and retaining its influence over Gaza. His leadership is significantly bolstered by his connection to his late brother.
Federal Reserve Chair Jerome Powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control.
Trinamool Congress MP Kalyan Banerjee criticized both the BJP and Congress for repeatedly disrupting parliamentary proceedings. He accused the two parties of marginalizing smaller parties and hindering democratic discourse, stating that the House's functioning depends solely on their whims. Banerjee highlighted the challenges faced by smaller parties who are unable to voice their concerns due to the disruptions.
The Bharatiya Mazdoor Sangh (BMS), affiliated with RSS, opposes the new industrial relations and occupational safety codes set to be implemented in April. BMS argues that the industrial relations code's requirement for union recognition, needing support from 51% of the workforce, would eliminate unions.
Five months after a bank burglary in Karnataka's Davanagere district, police have arrested six first-time offenders. The mastermind, Vijay Kumar from Madurai, extensively planned the heist by watching crime dramas and documentaries. Motivated by a rejected loan application, they looted 17.7kg of gold worth nearly Rs 16 crore.
Parliament is set for a contentious session on Monday with the tabling of the Joint Parliamentary Committee report on the Waqf (Amendment) Bill in Lok Sabha. Clashes between BJP and opposition members have already marked the committee's deliberations, with further heated debates expected.
Security forces in Kashmir's Handwara district neutralized a Pakistani terrorist during a gunfight. The operation, which involved J&K police, the Army, and CRPF, was based on intelligence inputs. This was the first counterterrorism action in Kashmir this year since a previous incident in January.