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Government News
US President Donald Trump | Photo Credit: REUTERS President Donald Trump’s tariffs on Chinese imports are now at least 145 per cent, far above the level many economists said could decimate US-China trade. Trump is imposing a 125 per cent charge designed to both counter America’s trade deficit with China and punish Beijing for retaliating…
U.S. stock markets tumbled sharply Thursday, with the Nasdaq dropping over 5.7% and the Dow plunging more than 1,700 points, as investors reacted to renewed trade uncertainty. | Photo Credit: ANDREW KELLY/Reuters Major stock indexes extended sharp declines and the dollar weakened further in midday Thursday trading, with the Nasdaq down more than 5% as…
The 90-day pause in US reciprocal tariffs on most countries, except China, is a temporary relief for Indian exporters | Photo Credit: wildpixel The 90-day pause in US reciprocal tariffs on most countries is a temporary relief for Indian exporters as orders put on hold can now be shipped. But there is persistent uncertainty on…
While the baseline tariff of 10% will remain in effect, the 90-day deferral allows for continued discussions on a bilateral trade agreement aimed at more than doubling trade between the countries. | Photo Credit: Dado Ruvic/Reuters The US has announced the suspension of additional tariffs on India for 90 days until July 9 this year,…
Researchers R. Clay Reid and Leila Elabbady examine data from the MICrONS project at an Allen Institute laboratory in Seattle, U.S., in this photograph released on April 9, 2025. | Photo Credit: Allen Institute/Handout via REUTERS Neuroscientists have produced the largest wiring diagram and functional map of a mammalian brain to date using tissue from…
The Bangalore Water Supply and Sewerage Board’s (BWSSB) has hike water tariffss by 32 per cent and sewage charges by 25 per cent | Photo Credit: MURALI KUMAR K Shobha M, a Jayanagar resident who works with an online marketplace, is worried about how she can meet her monthly expenses, after a wave of price…
India has taken significant steps in strengthening its research and development (R&D) ecosystem, including the creation of the Anusandhan National Research Foundation (ANRF) in August 2023 and the recent appointment of a full-time CEO. The ANRF aims to stimulate innovation in universities and colleges, facilitate industry-aligned translational research and bridge the gap between academic discoveries…
Different models of Mercedes-Benz cars are parked at the company’s vehicle assembly plant in Chakan, in Maharashtra Country’s largest luxury cars maker Mercedes-Benz India on Thursday said that it was planning for another price hike because of volatility in the market and macroeconomic factors across the globe. The company meanwhile, reported a decline of around…
Santosh Iyer, MD & CEO of Mercedes-Benz India German luxury carmaker Mercedes-Benz on Thursday reported a 4.44 per cent growth in its sales to 18,928 units in India in 2024-25, with one out of every four cars sold priced above ₹1.5 crore. However, in January-March this year, Mercedes-Benz India’s sales declined by 11.8 per cent…
The issue was offered on first come first served basis with an option of early closure. IIFL Finance said that its public issue of secured, rated, listed redeemable non-convertible debentures was oversubscribed 4.75 times amounting to ₹475.03 crore by the end of the day on April 9. Following the overwhelming response, the NBFC has decided…
