In response to the US tariff hike, the government is preparing measures to protect industries and workers, focusing on employment-heavy sectors. Economic Affairs Secretary Anuradha Thakur expressed confidence in achieving the fiscal deficit target, citing strong macroeconomic fundamentals, robust capex, and broad-based economic expansion reflected in the 7.8% growth in the April-June quarter.
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Assam's cabinet has approved a new SOP requiring special branch clearance for inter-religious land transactions, citing concerns about national security and demographic shifts. This measure aims to prevent fraudulent land transfers that could incite communal tension and ensure constitutional principles are upheld. The policy also targets NGOs from outside Assam seeking land, reflecting anxieties over changing demographics and land encroachments.
In Gorakhpur, Vishwakarma Chauhan fatally shot his wife, Mamta, in a public market on Jail Road. The incident occurred after an argument outside a photo studio where Mamta had gone.
Goa is set to host the FIDE World Cup in 2025, marking its return to India after 23 years, reminiscent of the 2002 World Junior Championship where Levon Aronian emerged victorious. The event not only boosted Goa's tourism, particularly attracting Russian visitors, but also showcased the region's hospitality and organisational capabilities.
Persistent rains in Uttarakhand's Garhwal hills have escalated landslide risks on the Gangotri and Yamunotri highways, increasing danger zones from 16 to 23. New slide areas have emerged, threatening pilgrims and motorists. Authorities are prioritizing road repairs and protective measures, while bypass routes are proposed to safeguard the strategically important and tourism-dependent region.
President Zelenskyy criticized Putin's visit to China, accusing him of evading responsibility for the war in Ukraine and intensifying air attacks. He highlighted the surge in drone strikes coinciding with Putin's diplomatic efforts and condemned Russia's disregard for international efforts to stop the conflict. Zelenskyy also warned of a buildup of Russian forces and vowed to respond with asymmetrical measures.
US Treasury Secretary Scott Bessent clarified that the Trump administration isn't planning to acquire a stake in Nvidia, as they believe the company doesn't require financial assistance. Following a recent investment in Intel, the administration is exploring similar opportunities in critical industries like shipbuilding to bolster American self-sufficiency.
India's services sector experienced its strongest expansion in 15 years in August, fueled by robust demand and increased international orders, as indicated by the HSBC India Services PMI. New business surged, supported by rising export orders across Asia, Europe, the Middle East, and the US.
Gautam Gambhir was celebrated at the DPL 2025 final, where he playfully tagged cricketers with fitting descriptions. West Delhi Lions, led by Nitish Rana's unbeaten 79, clinched the title by defeating Central Delhi Kings. Rana's consistent performance throughout the playoffs and Gambhir's presence added excitement to the event.
A British team recently visited Tihar Jail in New Delhi. This inspection is part of India's effort to bring back fugitives from the UK. The team assessed conditions for individuals like Vijay Mallya and Nirav Modi. India assured safe housing and fair treatment. Extradition requests are pending, including those of arms dealers. India emphasizes humane conditions in its jails.
President Trump declared the imminent imposition of a "fairly substantial tariff" on imported computer chips during a White House dinner with tech executives. This announcement follows previous threats, including a potential 100% tariff on semiconductors from companies not investing in the US. The move comes amid a US-China trade war and competition in high-end semiconductor development, while Trump seeks a Supreme Court ruling on broader tariff legality.