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Donald Trump's reciprocal tariffs, drinks industry bodies said on Thursday. Trump's latest round of sweeping global and country-specific tariffs was set to hit everything from the popular negroni cocktail, based on Italy's Campari liqueur, to Guinness beer, made by the world's top spirits producer Diageo. He also introduced a 25% levy on all beer imports and added beer cans to existing aluminium tariffs, hitting labels, such as Mexican-made Corona and Dutch Heineken. Many categories of drinks, such as champagne or Scotch whisky, have to be made in specific countries or regions and cannot move production.

Here’s a detailed look at the revised TDS thresholds.

Rajya Sabha, Mallikarjun Kharge, on Thursday termed the allegations levelled against him by Anurag Thakur in the Lok Sabha baseless, saying the remarks damaged his reputation as he dared the BJP MP to prove them or else resign. Raising the issue during Zero Hour in the Rajya Sabha, the Congress president said the BJP MP was compelled to withdraw his defamatory remarks made during the debate on the Waqf Bill in the Lower House. «But the damage has been done,» Kharge said. He also sought an apology from Thakur as well as the Leader of the House in Rajya Sabha, J P Nadda, over the issue. «Yesterday, Anurag Thakur hurled completely false and baseless charges at me in the Lok Sabha. When my colleagues challenged him, he was compelled to withdraw his defamatory remarks. But the damage has been done,» Kharge said.

global trade it pioneered and furthered over several decades. Trump says the levies will bring jobs back to the United States — but executives in the immediate aftermath were focused on possibly raising prices, reducing shipments to the world's largest economy, or just cutting back investment activity outright. «This is how you sabotage the world's economic engine while claiming to supercharge it,» said Nigel Green, CEO of global financial advisory deVere Group. «The reality is stark: these tariffs will push prices higher on thousands of everyday goods — from phones to food — and that will fuel inflation at a time when it is already uncomfortably persistent.» Trump sees tariffs as a way of protecting the domestic economy from unfair global competition and a bargaining chip for better terms for the U.S.

Parliament, the government brought three changes in the bill, including the one proposing that the protected monuments declared as waqf would be void. As per this amendment, all the protected monuments or protected areas cannot be declared as waqf and all those which had been declared so in the past would be nullified after the passage of this bill. For this, the amendment was done in clause 4 of the bill. The government also brought in another amendment that no land belonging to members of Scheduled Tribes, under the provisions of the fifth schedule or sixth schedule to the Constitution, can be declared as waqf. With this, there would be a bar on declaration of any land in the Scheduled or tribal area as waqf. CHANGE 3 And as per the last amendment, the government has proposed to fix a time limit of 45 days for implementation of the waqf board decisions by a district magistrate.

Parliament approved the the Immigration and Foreigners Bill as the Rajya Sabha gave its nod on Wednesday. The bill was passed in the Lok Sabha on March 28, with Home Minister Amit Shah asserting that while India welcomes individuals coming for business, education, and investment, those posing a threat to national security will face stringent action. During the debate in Lok Sabha, Shah had emphasised the bill is crucial for enhancing national security, boosting the economy, and promoting India's global standing in education. He noted that it will also help universities gain international recognition and strengthen the manufacturing and trade sectors. Shah explained that the legislation aims to ensure the country has up-to-date information on every foreigner visiting India, stating, «immigration is not an isolated subject; it is directly linked to various other issues. This bill will ensure close monitoring of everyone who visits India-why they visit and how long they stay.»

Bharatiya Janata Party over the Waqf Amendment Bill, calling it a «part of the party's agenda of polarization.» Speaking with ANI, Rawat said, «Earlier also when amendments were made in the bill, questions were raised and we resolved them through discussions but you (government) are not resolving them...It seems that this is also a part of the BJP's agenda of polarization.» Additionally, Congress MP Karti Chidambaram urged the government not to pass the law, noting the «sensitivities» of people associated with the waqf board. «This is a matter of faith and it is a matter of practising religion and it is a property donated voluntarily for a religious purpose. The government should be aware of the sensitivities, respect the sensitivities and take people along and not pass the law just because they have a majority in the House,» Chidambaram said. He also added that the BJP is bringing the bill to «send a signal» to their core voters.

Waqf Amendment Bill by Union Minister Kiren Rijiju led to a showdown between the NDA and the Opposition in the Lok Sabha. The bill seeks to improve the administration of Waqf properties, introduce technology-driven management, address complexities and ensure transparency. Introducing the bill, Rijiju said the consultation process of the Joint Parliamentary Committee (JPC) was the largest ever exercise carried out by a parliamentary panel in India's democratic history.

Parliamentary Affairs Minister Kiren Rijiju on Wednesday strongly defended the Waqf (Amendment) Bill, 2024, in the Lok Sabha, and said that the legislation was necessary to ensure the proper use of Waqf properties for the benefit of the poor and disadvantaged sections of the Muslim community. Rijiju, who tabled the Bill in the Lower House, took aim at the opposition, accusing them of misleading Muslims for the last 70 years for «vote bank politics.» «How long do you want to mislead them?» Rijiju asked MPs of the Opposition bloc, particularly those affiliated with the Congress. “The Muslims are strongly supporting this Bill. They have been asking to pass it quickly,” he said.

Waqf Amendment Bill LIVE: All eyes are on Parliament showdown as Union Minority Affairs Minister Kiren Rijiju is set to table the Waqf Amendment Bill 2025 in the Lok Sabha on Wednesday. Deputy leader of Congress in Lok Sabha Gaurav Gogoi will open the argument on Waqf (Amendment) Bill, 2024, from the side of the opposition after Union Minority Affairs Minister Kiren Rijiju tables the bill in Lok Sabha on Wednesday.Kiren Rijiju moves two bills The Waqf (Amendment) Bill, 2025 & The Mussalman Wakf (Repeal) Bill, 2024 in Lok Sabha for consideration and passing.Waqf Amendment Bill LIVE: After presenting the bill in the Lok Sabha, Rijiju said this bill is not new.Waqf Amendment Bill LIVE: Union minister Kiren Rijiju has tabled the controversial Waqf Bill in Lok SabhaWaqf Amendment Bill LIVE: Union Home Minister Amit Shah is speaking in the Lok Sabha on controversial bill.Waqf Amendment Bill LIVE: The Waqf Amendment Bill aims to amend the Waqf Act, 1995, seeks to improve the administration and management of waqf properties in India.It aims to overcome the shortcomings of the previous act and enhance the efficiency of Waqf boards by introducing changes such as renaming the Act, updating the definitions of waqf, improving the registration process, and increasing the role of technology in managing waqf records .The Waqf Amendment Bill was earlier presented in the Lok Sabha in August 2024, following which a Joint Parliamentary Committee was formed under the leadership of Jagdambika Pal for further consideration.Waqf Amendment Bill LIVE: On Waqf Amendment Bill, AIMPLB spokesperson Dr.

Waqf Amendment Bill is set to be introduced in the Lok Sabha today, sparking mixed reactions from opposition parties and BJP ally JD(U). JD(U) Member of Parliament Sanjay Jha expressed his party's concern, stating that the bill should not be retrospective. He mentioned that if their concerns were addressed in the bill, they would support it. «Our concern is that it (Bill) should not be retrospective. Let the bill come if our concerns are accommodated in it, we will definitely support the Bill,» Jha told ANI. JD(U) leader Rajiv Ranjan Prasad said, «As far as JD (U) is concerned, most of the suggestions made during the JPC meetings regarding the Waqf Amendment Bill have been reported to be included. Therefore, a whip has been issued to the MPs by the party to remain in the House during the proceedings of Parliament and vote in favor of the government.» «We will tell make our stand clear in Parliament. JD(U) and CM Nitish Kumar does not need to learn the definition of secularism from Congress,» he added. RJD MP Manoj Kumar Jha criticized the Waqf Bill, saying It violates the Constitution.

Kiren Rijiju on Wednesday tabled the controversial Waqf (Amendment) Bill for discussion and passage in the Lok Sabha amid strong backlash and protests from the Opposition, who believe that the proposed law is unconstitutional. The bill was tabled after today's Question Hour for consideration and passing. Following the tabling, an 8-hour discussion will be held, which is also subject to an increase. Read more: Waqf (Amendment) Bill, 2024 to be taken for passage in Lok Sabha on Wednesday; here's all you should know «Today is a historic day...this bill is being introduced in the interest of the country. Not only crores of Muslims but the whole country will support it. Those who are opposing it are doing so for political reasons. I will present the facts in the House. And I also want that if someone opposes, they should oppose on the basis of logic and we will also answer them,» Union Minister Kiren Rijiju had said earlier.

Waqf Amendment Bill will taken up for debate and passage in the Lower House of the Parliament today. With the parties in the ruling BJP-led National Democratic Alliance and the Opposition INDIA bloc showing no signs of bipartisan consensus building, the outcomes may be decided on the majority numbers on the floor. The strength of the NDA in Lok Sabha is 293, comfortably ahead of the majority mark in the 542-member House. Even in Rajya Sabha, NDA has surpassed the majority mark with 126 members on its side in the House of 236 members, including two independents and six nominated members, who invariably vote in support of the govt. Read more: Waqf (Amendment) Bill, 2024 to be taken for passage in Lok Sabha on Wednesday; here's all you should know The bill will be tabled after the Question Hour today for consideration and passing, and following that, an 8-hour discussion will be held, which is also subject to an increase.

Telugu Desam Party (TDP) has decided to propose that state governments be allowed to decide on non-Muslim members in State Waqf Boards as the controversial Waqf (Amendment) Bill comes for introduction and passage in Lok Sabha on Wednesday. The party has decided to take a nuanced stand on the floor of the House after detailed meetings at Andhra Pradesh chief minister N Chandrababu Naidu’s residence late on Tuesday night. According to sources, Naidu consulted legal experts and decided that the party will support the bill but the Lok Sabha MPs will propose the change in their speeches.

Uttarakhand Waqf Board Chairman Shadab Shams on Tuesday said that the poor Muslims have hopes from Prime Minister Narendra Modi, adding that it is «70 saal Vs Modi Karyakal» (PM Modi term). Speaking to ANI, the Uttarakhand Waqf Board Chairman said that the PM Modi-led central government has decided to bring the poor Muslims into the mainstream. «Poor Muslims have hopes from PM Modi, and that is why we have named this amendment bill as 'Ummeed'. Union Minister Kiren Rijiju is the ray of hope… PM Modi's government has decided that they will bring the poor Muslims into the mainstream. It is '70 saal Vs Modi Karyakal',» Shams said. He further attacked the opposition and said that the Opposition had 70 years, and they did whatever they could and «looted» Waqf. «They looted Waqf. They looted the rights of the poor… They are scaring the Muslims by saying that mosques would be taken away. Those who are opposing are not Muslims. They are political Muslims of Congress, Samajwadi Party, AAP and Janata Dal. There are NGOs and committees behind them, such as Jamiat Ulema-e-Hind and the Muslim Personal Law Board, who want to go to the Rajya Sabha through a backdoor… All of them are Waqf beneficiaries. They are worried that it would be taken away from them… They are worried because it is going to be taken away from the rich. We are sure that PM Modi will pass the Waqf Amendment Bill and give the poor Muslims their rights,» he added.

Kerala Catholic Bishops Council (KCBC) supported the Waqf Amendment Bill proposed by the centre, Karnataka Deputy Leader of Opposition and Bharatiya Janata Party MLA Arvind Bellad affirmed that the Waqf (Amendment) Bill is a huge reform to the Waqf bill which has «created a huge havoc.» Speaking with ANI, Arvinde Bellad said, «Waqf Amendment is a huge reform. It (Waqf Bill) has created a huge havoc, not only among Hindus but also Muslims. So, it has draconian powers. It has power which are beyond Constitution.» Stressing the need of amendments, Bellad said that BJP is rightfully amending the law. «I think that particular law needs major amendments and rightfully so our party, our BJP Government is amending the law,» he said. Earlier, Union Parliamentary Affairs Minister Kiren Rijiju also welcomed the support of (KCBC) and asserted that the proposed bill is not against any community while calling out the «propaganda» being spread around it.

Congress on Sunday demanded that the government bring a legislation to implement the UPA-enacted Article 15(5) for providing reservation to Scheduled Castes, Scheduled Tribes and Other Backward Classes in the private, unaided, but non-minority educational institutions. It pointed out that a 2014 apex court order had upheld Article 15(5), that the 2024 Lok Sabha election manifesto of Congress had promised to do the same and that a standing panel report too had favoured the course. The move to press for implementing the measure on reservation, especially for OBCs, is being seen by some in the political circles in the context of the Opposition party looking for ways to deal with the NDA government readying the Waqf (Amendment) Bill.

Indian Bank on Monday announced an increase in lending rate linked to repo rate by 10 basis points to 9.05 per cent, making retail loans expensive. The Asset Liability Management Committee (ALCO) of the bank has reviewed the Marginal Cost of funds-based Lending Rate (MCLR), Treasury Bills Linked Lending Rates (TBLR), Base Rate, Benchmark Prime Lending Rate (BPLR) and Repo Linked Benchmark Lending Rates (RBLR) and decided for revision in TBLR, Base Rate, BPLR and RBLR, Indian Bank said in a regulatory filing. Repo Linked Benchmark Lending Rates (RBLR) has been raised to 9.05 per cent from the existing 8.95 per cent, it said. The lending rate hike comes despite the Reserve Bank cutting repo rate from 6.5 per cent to 6.25 per cent last month.