India's new trade pact with the UK aims to significantly boost its exports by targeting labor-intensive sectors. The agreement promises zero or near-zero tariffs on key items like textiles, leather, engineering goods, chemicals, and pharmaceuticals, enhancing India's competitiveness. With 99% of trade items covered, India anticipates outperforming competitors in textiles and footwear.
Related news
In Budaun, a special Pocso court convicted Mahendra Kumar of raping a 5-year-old girl, sentencing him to 20 years of rigorous imprisonment. The victim identified Kumar by his moustache, and her testimony, along with supporting evidence, proved crucial in the conviction. The crime occurred on February 27, 2023, when Kumar assaulted the girl while her mother collected fodder nearby.
LJP (Ram Vilas) chief Chirag Paswan has criticized Bihar CM Nitish Kumar over the state's deteriorating law and order situation, even while his party remains a part of the NDA. Paswan's remarks follow a series of high-profile crimes in Bihar, leading the opposition to highlight potential rifts within the ruling alliance.
Civil Aviation minister K Rammohan Naidu assured the Rajya Sabha that the AAIB is diligently investigating the Air India crash, which claimed 260 lives, following a rule-based and unbiased process. The investigation aims to uncover the truth behind the incident, utilizing data from the black boxes decoded domestically for the first time.
Jatin Paranjape revealed that Rohit Sharma played through a hamstring injury during India's victorious ICC Champions Trophy campaign. Despite the injury, Rohit led the team to victory. Following his T20I retirement after the 2024 T20 World Cup, he also retired from Test cricket, though Paranjape felt he could have continued playing longer.
The BCCI has announced record revenue of Rs 9,741.7 crore for FY 23-24, fuelled primarily by the IPL, which contributed 59% of total earnings. The IPL's success provides opportunities for players and ensures profitability, while the BCCI explores commercialising traditional formats and leveraging its substantial reserves. International cricket boards are also seeking collaboration, highlighting the BCCI's significant influence.
Brokerage firms have varying outlooks on several companies. JP Morgan downgraded Tata Technologies due to mixed Q1 results, while Goldman Sachs is optimistic about Ola Electric's path to profitability. JM Financial initiated coverage on Kalyan Jewellers with a buy rating, citing growth opportunities.
The findings were part of the CAG’s report on State Finances for the year 2023–24, which was tabled in the state assembly on Thursday.
Following their acquittal in the 11/7 Mumbai train bombings case by the Bombay High Court, the accused express optimism about a favorable outcome in the Supreme Court. Despite past hardships, including family losses during their 19-year incarceration, they maintain their innocence and trust in the judiciary. They are determined to fight the case legally, confident that the truth will prevail and they will ultimately be vindicated.
The Supreme Court has criticized the misuse of criminal law for civil disputes, particularly in money recovery cases. It expressed concern over High Courts ignoring previous rulings and emphasized that a breach of contract doesn't automatically constitute cheating unless fraudulent intent is proven from the start.
Ahead of the fourth Test in Manchester, India grapples with injuries, forcing potential lineup changes with Anshul Kamboj possibly debuting. Captain Shubman Gill expresses confidence despite the setbacks, while England enjoys stability, making only a single change. The overcast conditions and covered pitch at Old Trafford raise expectations for a bowler-friendly match, influencing team selection strategies.