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The agency estimated Indian steel may see a price correction of about 3,000 rupees ($34.52) per ton. Local steelmakers have been battling a rising influx of discounted steel, with intake from China, South Korea and Japan hitting a record high in first 10 months of the current fiscal.

Collins Aerospace, an RTX group company, has invested $25 million for a new engineering development and test centre in Bengaluru, its largest facility outside the US. “The 50,000 sq ft lab facility streamlines product development, testing, and certification of components locally … It is also a fresh investment beyond the $200 million we have committed over the last 4-5 years,” said Savyasachi Srinivas, vice president of global engineering & technology centres at Collins Aerospace. The US-based company also has a 30,000-sq-ft electronics lab dedicated to testing. “In all there would be four labs, including in Hyderabad and Bengaluru, which also houses two factories,” Srinivas told ET.

President Claudia Sheinbaum said that Mexico could shift trade alliances «if necessary,» referring to the possible continuation of the tariffs. Trump's new 25% tariffs on imports from Mexico and Canada took effect on Tuesday, along with fresh duties on Chinese goods, standing to seriously alter supply chains and long-standing trade partnerships.

Jose Raul Mulino said on Wednesday morning that U.S. President Donald Trump was lying when he said that the North American leader's administration was «reclaiming» the Panama Canal. Trump's comments to Congress came after a deal led by U.S.

AFP quoted Ana Cristina Villalpando Fonseca, head of the National Chamber of the Tequila Industry (CNIT) as saying.According to Mexico’s Tequila Regulatory Council, two-thirds of the country's tequila produced last year was exported to the US, accounting for about 335 million liters. That made up 83.6 percent of tequila exports, representing about $4.5 billion worth of liquor.Following the new tariffs, Villalpando said prices for tequila will likely go up in the US.“The possible increase in tequila prices in the United States could encourage substitution with other alcoholic drinks," she said.US Tariffs News LIVE: According to truthsocial.com, US President Donald Trump's speech on new tariffs has been approved by 76 percent people.US Tariffs News LIVE: Speaking to reporters, as quoted by CNBC, Mexican President Claudia Sheinbaum said on Wednesday that she expects to speak with Trump on Thursday.Till now, Mexico has not yet declared retaliatory tariffs on the US, though Sheinbaum said on Tuesday that those would be announced this weekend.US Tariffs News LIVE: At the World Trade Organization on Wednesday, Canada has requested consultations with the United States on 'unjustified tariffs', Reuters quoted Canada's Ambassador to the WTO in Geneva as saying."The U.S.

Subscribe to enjoy similar stories. During his Oscar acceptance speech for Anora’s screenplay on Sunday night, Sean Baker said, “I want to thank the sex worker community. They have shared their stories.

According to Janus Henderson's Global Dividend index, dividends at US companies rose 8.7% on an underlying basis from 2023. The underlying growth was mostly influenced by internet media companies such as Alphabet – which owns Google – and Meta – owner of Facebook and Instagram – both of which made their first dividend payments last year and contributed one quarter to US dividend growth in 2024. European companies forecast to pay out record dividends in 2025 Jane Shoemake, client portfolio manager on the Global Equity Income team at Janus Henderson, argued that last year's dividend ...

Subscribe to enjoy similar stories. SEOUL—When Ukraine was scrambling this winter to understand how to respond to the threat of thousands of North Korean soldiers deployed to fight alongside Russia, it turned to someone steeped in Pyongyang’s ways: a North Korean defector.

Malaysia on Wednesday to bolster the Southeast Asian country's efforts to produce high-end semiconductors amid the US-China tech trade war. Malaysia is a key player in the vital chips sector but has been largely focused on packaging, assembly and testing services — the lower end of the market. The agreement will see Softbank-owned Arm provide chip designs and other technology, helping Malaysia to move into more value-added production such as wafer fabrication and integrated circuit design.

Subscribe to enjoy similar stories. In the last two weeks, the People’s Liberation Army (PLA) of China conducted live-fire naval drills in the international waters off Australia, New Zealand and Vietnam, and shooting drills in the Taiwan Strait. This show of military might is a sign of China’s growing confidence as a maritime power.

Subscribe to enjoy similar stories. Target boss Brian Cornell and his team were walking through a New York City conference center Monday night when the news broke: President Trump was following through on his tariff threats. The retailer’s executives huddled sitting on sofas in a greenroom next to the stage where they would meet with their biggest investors on Tuesday.

Subscribe to enjoy similar stories. What do Rachel Reeves, Javier Milei and Elon Musk have in common? All are preaching the gospel of austerity as a necessary cure for what ails their respective economies. Hence, Reeves, the UK’s Chancellor of the Exchequer, has tightened rules for government spending and investment, despite the fact that fiscal constriction has been a major cause of the country’s problems over the past 15 years.

prime residential space in 2024, followed by 237 sq ft in Hong Kong and 344 sq ft in Singapore, according to a Knight Frank report. In comparison, Mumbai offers 1,066 sq ft, marking a 2.6% decline over the past decade as prices have risen. Bengaluru has also become less affordable, with space purchasable for $1 million decreasing by 9% to 3,617 sq ft. In Delhi, one can buy 2,239 sq ft, up 11% from a decade ago. The Prime International Residential Index (PIRI 100), which tracks luxury property price changes across 100 global cities, has recorded a 3.6% annual increase in 2024. Of these, 80 cities saw either positive or stable price growth. Seoul 18.4%, Manila 17.9%, and Dubai with 16.9% growth led global price appreciation in prime real estate.

In his address to the joint session of Congress on Tuesday (local time), Trump said, «I want Congress to pass a bill permanently banning and criminalizing sex changes on children and forever ending the lie that any child is trapped in the wrong body. This is a big lie and our message to every child in America is that you are perfect exactly the way God made you. Because we are getting wokeness out of our schools and out of our military and it's already out and it's out of our society. We don't want it. Wokeness is trouble. Wokeness is bad. Its gone and we feel so much better for it, don't we. Don't we feel better? Our service members won't be activists and ideologues. They will be fighters and warriors. They will fight for our country.» The US President also urged Congress to fund a state-of-the-art golden dome missile defence shield. He called it important to have golden dome missile defence shield and mentioned that Israel and other nations have it.

Donald Trump has set April 2 as the date for implementing reciprocal tariffs on a range of imports from several major trading partners. The tariffs, he said, are a response to what he considers unfair trade practices by countries like Canada, Mexico, China, the European Union, and India. This move is part of Trump’s broader agenda to reshape U.S. trade policies and create a more balanced global trading environment.

«Still, it remains to be seen if that is what it is or this is actually a new world where we basically have everybody having a tariff barrier and the free trade that we have all grown up with becomes less and less,» says Rajeev Agrawal, DoorDarshi India Fund. I guess all of us are hooked on to Trump's address, waiting to hear if he is going to say anything specific on Canada and Mexico tariffs or not. But how do you think this entire tariff tirade is going to really play out because the chatter in the US as well is tariffs are not good for them either. Rajeev Agrawal: So, no, absolutely, tariffs have created a lot of uncertainty in the whole world and how they will play out. Initially, the expectation was that tariffs is a way for negotiation to ensure that US companies get their fair share when they go into other countries.

International Monetary Fund Managing Director Kristalina Georgieva. Many nations are facing weaker growth prospects and are saddled with high debt while supply chains have come under pressure due to the Covid-19 pandemic and geopolitical developments, Georgieva said remotely from the US at an IMF event in Tokyo. “We also know trade is no longer the engine of global growth it used to be,” she said. “The new US administration is rapidly reshaping its policies on trade, taxation, public spending, deregulation and digital assets, and other governments are also recalibrating their approaches and adjusting their policies.”

United States President Donald Trump on Wednesday expressed gratitude to the Pakistani government for assisting in the arrest of a key terrorist involved in the 2021 Kabul airport bombing. «Three and a half years ago, a [Daesh] terrorist killed 13 American service members and countless others in the Abbey Gate bombing,» Trump said during his address to a joint session of Congress. He added, «Tonight, I am pleased to announce that we have just apprehended the top terrorist responsible for that atrocity. And he is right now on his way here to face the swift sword of American justice.» The attack at Kabul airport in August 2021 claimed the lives of 13 US service members and around 170 Afghan civilians during the chaotic withdrawal of American forces from Afghanistan.

Trump said in an address to the U.S. Congress that the pipeline would be one of the largest in the world. «Japan, South Korea and other nations want to be our partner, with investments of trillions of dollars each,» he said.

Nifty50 is down about 7% in 2025 and one would assume that this period was marked by volatility. However, it is not reflected in the India VIX. The fear gauge index, as it is often referred to, fell nearly 6% year-to-date and is hovering 13.83 levels despite a sell-off in the Indian markets. India VIX has an inverse correlation with the markets as the index jumps when equities are falling. This is because a correction is often associated with a sense of panic and fear among investors and is not playing out the way it did historically.

Having spent time living in India, Fischer has noticed several customs that are deeply ingrained in Indian culture but are uncommon in the United States. While sharing the video, she wrote, “There are many things that are commonplace in India that are pretty unheard of in America. Here are a few things we have noticed are normal in India but would make any American very uncomfortable.”