Last week, US President Donald Trump had announced a 25 per cent reciprocal tariff on Indian goods, which came into effect on August 7. On Wednesday, Trump signed an executive order imposing an additional 25 per cent levy, raising the total duties on Indian goods to 50 per cent, which is among the highest placed on any country by the US.
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Thousands of pro-Palestine supporters rallied in Sydney. They marched across the Harbour Bridge. The protesters demanded more aid for Gaza. They also sought sanctions against Israel. The demonstration followed government signals of potential recognition of a Palestinian state. Organizers accused Israel of genocide. The protest highlighted calls for a ceasefire and unrestricted humanitarian assistance.
Anthropic CEO Dario Amodei is resisting Big Tech's aggressive talent poaching, fearing inflated salaries could damage the company's culture. He communicated to employees that Anthropic would not compromise its compensation principles. Amodei highlighted that many employees rejected lucrative offers from companies like Meta, prioritizing Anthropic's mission.
Both Rajya Sabha and Lok Sabha faced disruptions due to opposition protests demanding a discussion on Bihar's special intensive revision of electoral rolls. The deputy chairman of Rajya Sabha rejected notices for suspending business, leading to uproar and adjournment. Despite the chaos in Lok Sabha, some questions were addressed, and the Income Tax Bill, 2025 was withdrawn for revision.
Trinity Rodman's return to Washington Spirit excites many. Ben Shelton's father, Bryan, eagerly anticipates her first game after injury. He checks TV channels to watch her play. Rodman supports Shelton at Wimbledon amid recovery. She addresses commentators' errors about her identity. Her support and comeback create a heartwarming moment. This shows a strong bond between the families.
HSBC starts coverage on Ather Energy with a buy rating. UBS has a sell recommendation for Tata Motors. Jefferies maintains its buy rating on L&T, raising the target price. Morgan Stanley keeps an underweight rating on Asian Paints. CLSA maintains its hold rating on Piramal Enterprises, increasing the target price.
Michael Vaughan has critiqued England's aggressive tactics in the Oval Test, suggesting panic contributed to their collapse against India. Despite acknowledging the entertainment value of their approach, Vaughan pinpointed Harry Brook's dismissal as a turning point. India's dramatic victory, highlighted by Mohammed Siraj's stellar performance, leveled the series, concluding a hard-fought contest.
The Supreme Court criticized Gujarat Urja Vikas Nigam Limited (GUVNL) for prioritizing commercial interests over its role as a model public sector entity. The court rejected GUVNL's attempt to enforce a fixed tariff rate on wind power producers, emphasizing the government's renewable energy promotion policies. GUVNL's conduct was deemed unfair and likened to that of a 'Shylock'.
The Donald Trump administration is reviving a policy requiring visitors from countries with high visa overstay rates to pay bonds up to $15,000 for B-1 and B-2 visas. This year-long pilot program aims to ensure visitors depart on time.
Faced with a 25% US tariff, the Indian government is urging exporters to develop domestic brands and is considering measures like reduced testing fees for smaller exporters. The focus is on sectors like marine products, which now face increased competition. The government is also exploring employment-linked programs and fixed-price intermediate products to support exporters.
A heated confrontation erupted on a New York beach when an anti-Israel activist targeted a former Israeli soldier wearing a Star of David necklace. The activist aggressively accused him of war crimes and killing children in Gaza, as documented by ILTV Israel News.