Several officers in the commerce department in India are gearing up to assess the impact of US President Donald Trump's reciprocal tariffs on Indian exporters and businesses. A war room has been set up for this purpose, amid concerns about potential dents on margins and bargaining power shifts.
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Prime Minister Narendra Modi praised Uttarakhand for being the first state to implement the Uniform Civil Code, which strengthens democracy by safeguarding individual rights. At the National Games inauguration, he emphasized unity and healthy living, while reaffirming India’s aspiration to host the 2036 Olympics. The event hosts around 10,000 athletes competing in various disciplines.
Microsoft CEO Satya Nadella confidently addresses Elon Musk's doubts about the $500 billion Stargate AI project, asserting his $80 billion commitment. The project, announced by President Donald Trump, involves multiple tech giants. Despite Musk's concerns about the actual funding, Nadella and other executives reaffirm their financial support.
Rahul Gandhi criticized the Central government for not releasing a photo of the Halwa ceremony ahead of the Union Budget, pointing out the lack of representation of OBC, tribal, and Dalit officers. He emphasized the importance of participation and highlighted findings from a caste census in Telangana, revealing significant underrepresentation of these communities.
Prime Minister Narendra Modi is set to arrive in Jeddah for a two-day official visit to Saudi Arabia, his first to the Kingdom's commercial capital, at the invitation of Crown Prince Mohammed bin Salman. They will co-chair the India-Saudi Arabia Strategic Partnership Council meeting, focusing on strengthening economic and defence ties.
China is reportedly restricting the movement of employees and specialized equipment needed for high-tech manufacturing to India and Southeast Asia. This comes as companies like Apple and Foxconn seek to diversify their production locations. Despite China's foreign ministry denying such actions, these measures appear aimed at limiting technology transfers and mitigating potential job losses.
President-elect Trump referred to Canadian PM Justin Trudeau as "governor" and suggested Canada become a US state if proposed tariffs harm its economy. Trudeau expressed concern over the tariffs' potential impact on American consumers, citing increased costs for essential goods like oil and gas imported from Canada.
India’s MEA condemns Pakistan's airstrikes on Afghanistan that killed 46 people, including women and children, in Paktika province. The MEA urges Pakistan to stop blaming neighbors for its internal problems and expresses concern over the loss of innocent lives and escalating border tensions.
Poonam Gupta, Director General of NCAER, has been appointed as Deputy Governor of the RBI for a three-year term. The position was vacant since January after M.D. Patra's tenure ended. Gupta brings extensive experience in economic policy, having worked at the IMF and World Bank, and holding academic roles at prestigious institutions.
At least 15 people have lost their lives and several others were injured in a stampede at New Delhi Railway Station during rush for a special train for the Maha Kumbh in Prayagraj. Prime Minister Narendra Modi and Defence Minister Rajnath Singh expressed their grief. A high-level investigation has been ordered.
Prasun Dey, soon to be discharged from the hospital, will join his brother Pranay at NRS Medical College for questioning. Investigations focus on whether they force-fed poison to Priyamvada and details surrounding their planned suicide. Prasun's recovery is critical for the probe as police aim to fill gaps in the case.