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Month: April 2025

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Explained: How unfair are Donald Trump’s tariffs, what is India’s relative advantage, and what should it do?

[ad_1] How unfair are Trump’s tariffs and what should India do to counter their effect on the Indian economy? Donald Trump’s reciprocal tariffs have riled the world. Global markets are reeling from the shock and even experts are unsure about how exactly it will play out. On April 2, 2025, the US President announced ‘discounted’ tariffs on major economies, calling them out for what he sees as ‘unfair’ trade practices that disadvantage the American economy.What has followed is a global stock market rout, including in the US and India, as investors run for cover fearing a global economic slowdown and a possible US recession. Stagflation - a period of high inflation amidst stagnating economic growth or even contraction - is being predicted. Trump on his part seems firm on his decision, and has even said that the US economy needs […]

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Navarro you are a Moron and what you said on Tesla is demonstrably false: Elon Musk ‘publicly’ comes out against Tariffs with attack on Trump adviser

[ad_1] Elon Musk has launched a fierce online offensive against White House trade advisor Peter Navarro, escalating a public feud fueled by disagreements over the Trump administration’s tariff policies. The billionaire’s sharp attack comes via multiple posts on X as he defends Tesla's manufacturing practices.Musk, a prominent Trump campaign donor, took to his social media platform, X (formerly Twitter), to express his disdain for Navarro, who claimed that the Tesla CEO is a car “assembler” rather than a manufacturer, emphasising Tesla's reliance on foreign-sourced components.Musk shared data shared by Cars.com’s official American-Made Index, which showed that the top 4 most American-made cars are all Teslas: Model Y, Model 3, Model X and Model S.“Tesla has the most American-made cars. Navarro is dumber than a sack of bricks," Musk wrote in one post. He also dubbed Peter Navarro as “Peter Retarrdo”.In […]

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New Record! MS Dhoni hits new IPL milestone, becomes first player to … | Cricket News

[ad_1] NEW DELHI: Chennai Super Kings veteran MS Dhoni has added yet another feather to his already illustrious cap, becoming the first wicket-keeper in IPL history to complete 150 catches behind the stumps. The 43-year-old legend achieved this remarkable feat during Chennai Super Kings' clash against Punjab Kings in Mullanpur on Tuesday.The historic moment came when Dhoni pouched a sharp edge from Nehal Wadhera off the bowling of Ravichandran Ashwin. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!It was classic Dhoni. With this, the CSK veteran continued to set new benchmarks, further cementing his legacy as not just a game-changing batter but also the most consistent and impactful wicket-keeper the IPL has ever seen.Most Catches in IPL by Wicket-keepersMS Dhoni: 150 catchesDinesh Karthik: 137 catchesWriddhiman Saha: 87 catchesRishabh Pant: 76 catchesQuinton de Kock: 66 catchesEven as Punjab Kings […]

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US and China rift widens amid insults and mind games

[ad_1] TOI correspondent from Washington: US President Donald Trump said he is waiting for a call from Beijing to resolve trade issues, but China, demanding "equality, respect and mutual benefit" before any talks, pledged to "fight to the end" as the world's two biggest economies clashed and effectively decoupled on Tuesday. Remarkably, global stock markets including in US rebounded strongly despite hardening positions and fractured ties, even within America. Billionaires and business barons begged President Trump to go easy on his tariff tirade, and astonishingly the US Chamber of Commerce, representing thousands of big and small American corporations and businesses, was reported to be considering suing its own government to stop Trump's derailment of global trade.But the US President escalated his rhetoric and continued to taunt and trash China, while boasting of other countries lining up to initiate talks in […]

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‘Should stand together’: China invites India to fight against ‘US tariff abuse’ | India News

[ad_1] NEW DELHI: China on Tuesday called upon India to stand together against the "US abuse of tariffs" and overcome difficulties.In a social media post on X, spokesperson of Chinese Embassy in India Yu Jing slammed the US President Donald Trump's threat to impose 50% tariff on China and said that all countries should uphold the principles of extensive consultation, practice true multilateralism, jointly oppose all forms of unilateralism and protectionism."China's economy is underpinned by a system that ensures steady growth, and produces positive spillovers. Chinese manufacturing is built on a complete and continually upgrading industrial system, sustained investment in R&D, and a strong focus on innovation. China is a firm defender of economic globalization and multilateralism, which has injected strong impetus into the world economy, contributing to around 30 percent of global growth annually on average. We will continue […]

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World’s ‘exceptional’ heat streak lengthens into March

[ad_1] World's 'exceptional' heat streak lengthens into March (AFP Image) Global temperatures hovered at historic highs in March, the EU agency that monitors climate change said on Tuesday, prolonging an unprecedented heat streak that has pushed the bounds of scientific explanation. In Europe, it was the hottest March ever recorded by a significant margin, said the Copernicus Climate Change Service. That drove rainfall extremes across a continent warming faster than any other, as planet-heating fossil fuel emissions keep rising.The world meanwhile saw the second-hottest March in the Copernicus dataset, sustaining a near-unbroken spell of record or near-record-breaking temperatures that has persisted since July 2023.Since then, virtually every month has been at least 1.5 degrees Celsius hotter than it was before the industrial revolution, when humans began burning massive amounts of coal, oil and gas.March was 1.6C above pre-industrial times, extending […]

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Around 150 international students, including those at Harvard and Stanford, lose visas in sudden US crackdown

[ad_1] Harvard, Stanford among universities affected as US revokes visas of 150 international students. (AI Image) US visa revocations: In a sudden and alarming move, the Trump administration has revoked the visas of around 150 international students across the United States, including those at prestigious institutions such as Harvard University and Stanford University. The students were notified of the terminations in recent days, but the reasons behind the action remain unclear. This has caused confusion and fear among students and universities alike.The abrupt visa cancellations have raised concerns about the future of international education in the US. Immigration lawyers and university officials have scrambled to assist affected students who now face potential detention and deportation. As reported by The New York Times, the University of California alone had dozens of cases reported across its campuses, with several other universities, including […]

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Ray Dalio warns of historic global breakdown: ‘It’s not just about tariffs’

[ad_1] Billionaire investor and founder of Bridgewater Associates, Ray Dalio, is sounding the alarm—not about tariffs, but about something far more systemic. In a lengthy statement, Dalio urges the public and policymakers not to fixate on the headline-grabbing tariff wars, but instead to understand the underlying economic, political, and geopolitical forces that are fundamentally reshaping the world order."Don't make the mistake of thinking that what's now happening is mostly about tariffs," Dalio wrote. “A huge amount of attention is being justifiably paid to the announced tariffs and their very big impacts… while very little attention is being paid to the circumstances that caused them and the biggest disruptions that are likely still ahead.”Dalio, whose macroeconomic insights have guided Bridgewater to become one of the world’s most successful hedge funds, paints a grim but historically grounded picture. According to him, the […]

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Watch: Preity Zinta’s wild celebration breaks the internet as Priyansh Arya smashes record ton vs CSK | Cricket News

[ad_1] Preity Zinta's wild celebration breaks the internet (Screengrabs) NEW DELHI: Punjab Kings dugout erupted with emotion on Tuesday evening as 24-year-old Priyansh Arya lit up the Mullanpur stadium with a jaw-dropping century against Chennai Super Kings (CSK) in IPL 2025. But it was co-owner Preity Zinta’s reaction that captured the hearts of fans as she jumped in celebration, visibly overjoyed at Arya’s historic knock.Arya, a left-handed batter from Delhi, announced himself on the big stage in style, hammering 103 off just 42 balls — a knock studded with seven 4s and nine towering 6s. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!With this innings, he became the second-fastest Indian to reach a century in IPL history, getting there in just 39 balls. Only Yusuf Pathan’s 37-ball carnage in 2010 stands ahead of him.As Arya brought up the […]

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‘Shadow cabinet, Seva Dal’: Sanjay Jha’s 5-point prescription for revival of Congress | India News

[ad_1] Rahul Gandhi, Mallikarjun Kharge and Sonia Gandhi at CWC meet in Ahmedabad. NEW DELHI: The Congress Working Committee is meeting in Ahmedabad to chalk out party's roadmap for upcoming assembly polls and decide on slew of measures for the much-needed organisational reforms. The grand old party, which themed its Ahmedabad session as "Nyaypath: Sankalp, Samarpan aur Sangharsh", on Tuesday asserted it's claim to Sardar Vallabh Bhai Patel's legacy with Congress president Mallikarjun Kharge accusing the BJP and RSS of trying to usurp it under a "well-planned conspiracy" against the national heroes.But will that be enough to counter the BJP?The Congress has seen a steady decline in its political fortunes since 2014. After a decade of disappointments, the 2024 Lok Sabha elections offered a glimmer of hope as the party nearly doubled its tally in the Lower House. However, the […]

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