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Donald Trump has indicated that there will not be too many exceptions to his reciprocal tariff announcement on April 2. «We don't know what will happen. There is a bit of uncertainty around that. Whether tariffs will be announced or imposed on us, we will see what comes and adequately react,» said an official. Another official said the Indian industry is worried about the US' plan and wants early conclusion of the bilateral trade agreement. «Industry is paranoid. Lot of jobs are at stake. It is demanding to do it (BTA) as fast as possible otherwise they will suffer from the US reciprocal tariffs,» the official said, adding that the industry wants to avert or delay tariffs. In the scenario the tariffs are imposed as threatened, industry wants protection from the impact and has written to the government regarding the same, according to the official.

After having commenced their probe on Tuesday, the three judges will remain in New Delhi for the next few days to continue the probe and examine the allegations levelled against justice Varma. The three-judge committee will also examine justice Varma after perusing the evidence and information made available to it. «The objective is to ensure that the inquiry is completed without any undue delay. The inquiry has been fast tracked to dispel the misbelief, if any, that truth will be brushed under the carpet,» said an individual privy to the development. As per the laid-down procedure, the probe being carried out by the committee is «not a formal judicial inquiry involving the examination and cross-examination of witnesses and representation by lawyers». After completing its «fact-finding inquiry», the committee will submit its report to CJI Khanna. It remains to be seen whether SC will again make public the panel's «fact-finding inquiry» report. Previously, in an unprecedented move, the Supreme Court had decided to make public the «in-house inquiry» report prepared by Delhi High Court chief justice Devendra Upadhyaya on SC's website.

Amit Shah has set off speculations regarding an electoral tie-up in Tamil Nadu, AIADMK general secretary Edappadi K Palaniswami on Wednesday asserted that alliances are formed only at the time of elections and that changes take place based on emerging political situations. On Thursday, BJP's Tamil Nadu chief Annamalai is likely to meet home minister Amit Shah.

Subscribe to enjoy similar stories. New Delhi: Bengaluru-based Toyota Kirloskar Auto Parts Pvt Ltd has become the first component manufacturer and the fourth overall company to receive incentives under the production-linked scheme for automobiles and auto components, as per the ministry of heavy industry on Wednesday. The ministry posted an infographic on its official handle on X about the PLI Auto scheme, and mentioned Toyota Kirloskar Auto Parts (TKAP) alongside Tata Motors Ltd, Mahindra & Mahindra Ltd, and Ola Electric Technologies Ltd, all entities which have received PLIs under the ₹25,938-crore scheme to promote domestic auto manufacturing.

Bharat Forge Limited and Tata Advanced Systems Limited to enhance the Indian Army’s artillery capabilities. These deals, worth approximately Rs 6,900 crore, will provide the Army with 155mm/52 calibre Advanced Towed Artillery Gun Systems (ATAGS) and High Mobility Vehicle 6x6 Gun Towing Vehicles. The signing ceremony took place on 26 March 2025 in New Delhi, in the presence of Defence Secretary Rajesh Kumar Singh. With this procurement, the MoD’s total capital contracts for the financial year 2024-25 have reached Rs 1.40 lakh crore. The event also saw the Defence Secretary felicitate the Project Director of ATAGS from the Defence Research and Development Organisation’s (DRDO) Armament Research and Development Establishment, Pune, in recognition of his role in the project’s success.

Subscribe to enjoy similar stories. India’s policymakers should be drawing up strategies to deal with the new age of trade barriers. Instead, they seem to be looking forward to it with a certain confidence, even optimism.

Subscribe to enjoy similar stories. Tea producer and café owner Vahdam Teas Pvt Ltd has raised ₹25 crore ($3 million) from Sidbi Venture Capital Ltd to shore up its cash reserves and boost global expansion. The company is focusing on product innovation and manufacturing expansion, founder and chief executive Bala Sarda told Mint.

Global funds returning to India’s stock market amid a world-beating rally are having to set aside one of the biggest gripes expressed by investors like Muddy Waters Capital LLC founder Carson Block — namely the country’s high taxes. While global funds marked their first weekly purchase of local stocks last week, they have been big sellers this year. In addition to an uncertain economic outlook, they point to New Delhi’s tax code, which imposes high capital gains levies on overseas funds. That’s an approach at variance with other countries such as China, which are competing for their money.

Subscribe to enjoy similar stories. India’s government seems set to drop its 6% equalization levy on online advertising services rendered to Indian advertisers by offshore digital businesses. This so-called ‘Google tax’—since it impacted this US-based web-search company perhaps the most, though also others like Meta and X—was introduced in 2016, but is abruptly being withdrawn just days before US President Donald Trump’s reciprocal tariffs go into force from 2 April.

Subscribe to enjoy similar stories. Chinese electric vehicle (EV) maker BYD, short for Build Your Dreams, has eclipsed Elon Musk’s Tesla in annual revenue.

Subscribe to enjoy similar stories. India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. A US delegation led by Assistant US Trade Representative Brendan Lynch will discuss trade and tariff matters with Indian officials over three days beginning Wednesday, advancing negotiations conducted virtually since an Indian delegation visited the US.

Subscribe to enjoy similar stories. India’s defence majors such as Ideaforge Technology Ltd and Hindustan Aeronautics Ltd took a beating at the bourses during the recent market sell-off.

Subscribe to enjoy similar stories. NEW DELHI : India is advancing negotiations on a Bilateral Trade Agreement (BTA) with the US—what would typically be called a free trade agreement (FTA)—but a critical gap in Washington’s trade framework threatens to complicate the deal. Unlike past trade agreements, any pact India finalizes could face prolonged scrutiny and potential amendments by US lawmakers, as the country currently lacks Fast Track Trade Authority (FTTA)—a mechanism that allows the US president to negotiate trade deals and present them for a simple up-or-down vote in Congress.

Subscribe to enjoy similar stories. NEW DELHI : The Centre’s revenue deficit grants to states have sharply declined in recent years, reducing the funds states receive under the 15th Finance Commission’s recommendations. The grants, meant to cover post-devolution revenue shortfalls, fell from ₹1,18,452 crore in 2021-22 to ₹24,483 crore in 2024-25, with a further drop to ₹13,705 crore expected in 2025-26, budget documents show.

challenges faced by women in security forces. Raising the issue during the Zero Hour in the Rajya Sabha, the NCP-SCP member recalled that after the tragic stampede at the New Delhi railway station on February 15, a photo went viral, showing a woman RPF constable patrolling the station with her one-year-old child strapped to her chest. «While glorified by the RPF as a symbol of Nari Shakti, I believe that the photo actually highlights the systemic challenges faced by women personnel in insecurity forces and the failure of the system to provide basic support to working mothers,» she said. Highlighting that women in security forces already face significant challenges, Khan said the nature of security work directly clashes with the consistent care that young children need. «What is needed is toilets, creches, baby care or breastfeeding rooms everywhere so that women can effectively manage both their professional and maternal responsibilities,» she said. The leader also pointed out that the government's goal of increasing female representation in security forces, which currently stands at a mere 4.4 per cent in central armed police forces, must be supported by sustainable policies.

Oil and Natural Gas Corp. is seeking to diversify its portfolio to shield its core business from volatile oil prices, said Arunangshu Sarkar, director for strategy at the state-run giant. The company’s multi-pronged approach involves entering the refining and petrochemical sectors, trading liquefied natural gas and growing its renewable capacity. According to the International Energy Agency, the world is entering an era of cheaper energy prices, with growing electricity use leading to a surplus of oil and gas. ONGC is among the several oil majors looking to diversify their business strategies as the global economy moves away from fossil fuels.

bilateral trade agreement, people familiar with the matter said. Brendan Lynch, US assistant trade representative for South and Central Asia, and a team of officials will visit India from March 25-29 as part of ongoing trade discussions, the US embassy in New Delhi said in a statement Monday. Officials in New Delhi are expected to make the case for a reprieve from reciprocal tariffs, which are scheduled to take effect on April 2, people familiar with the matter said, asking not to be identified because the discussions are private. The two sides are expected to discuss a framework for a bilateral trade deal, after which formal negotiations would start, they said. Aside from trade officials, Lynch is also likely to meet Vikram Misri, India’s foreign secretary, during the visit, one of the people said. “We look forward to productive and constructive discussions with the incoming US delegation to expand and deepen our bilateral trade and economic ties in a mutually beneficial manner,” India’s Ministry of Commerce and Industry said in a statement.

India-US Bilateral Trade Agreement (BTA) will primarily focus on duty concessions on goods and New Delhi is hopeful of the pact bringing predictability in tariffs, regulations and investment climate, officials said on Monday. Assistant US Trade Representative for South and Central Asia Brendan Lynch is in New Delhi starting Tuesday for three days of negotiations on the proposed trade deal. His visit comes ahead of the April 2 deadline for likely imposition of reciprocal tariffs on all countries, including India, by the Trump administration. The proposed India-US trade pact is likely to be finalised in two tranches with the first phase expected to focus on issues concerning bilateral goods trade, though full clarity on the issue will emerge by the end of this week, the officials said. They added that both sides are expected to finalise the contours, schedule of negotiations, and terms of reference of the proposed BTA during Lynch's visit. The first tranche of the deal is targeted for completion by Fall of 2025. India said it is looking forward to «productive and constructive discussions» with the incoming US delegation to «expand and deepen our bilateral trade and economic ties in a mutually beneficial manner».

Donald Trump says he is focused on stopping the «death march» in Ukraine «as soon as possible.» But for Russian President Vladimir Putin, ceasefire talks with Trump are a means to much broader ends. Russian and U.S. officials are set to meet in Saudi Arabia on Monday to deepen their negotiations about technical details of a partial ceasefire to halt attacks on energy facilities and on ships in the Black Sea. While Ukraine says it's ready for a full truce, Putin has made it clear that he will seek a wide range of concessions first. The upshot: Russia appears determined to squeeze as many benefits as possible from Trump's desire for a Ukraine peace deal, even as it slow-walks the negotiations. Viewed from Russia, better ties with the United States are an economic and geopolitical boon — one that may be achieved even as Russian missiles continue pounding Ukraine. Interviews last week with senior Russian foreign-policy figures at a security conference in New Delhi suggested that Russia saw negotiations over Ukraine and over U.S.-Russia ties as running on two separate tracks. Putin continues to seek a far-reaching victory in Ukraine but is humoring Trump's ceasefire push to seize the benefits of a thaw with the United States.

Subscribe to enjoy similar stories. India has been playing nice with America’s Donald Trump administration. So too with EV-maker Tesla and the satellite services arm of SpaceX, both led by Elon Musk, who is widely seen as President Trump’s confidant, a billionaire shaking up the US by taking a chainsaw to its government under the Department of Government Efficiency.

Subscribe to enjoy similar stories. New Delhi: The Central government has authorized the Pharmacy Council of India (PCI) to check the attendance data of officials, faculty and students with pharmacy colleges after coming across multiple cases of people using fake IDs.