Month: June 2025

[ad_1] If the ruling is upheld it could mean the Trump administration will have to reimburse the substantial import duties already collected. (AI image) What will happen if the US trade court ruling against American President Donald Trump’s reciprocal tariffs is upheld? If that happens, it could necessitate the Trump administration to refund billions in import duties that have already been collected!On Wednesday, the US Court of International Trade (CIT) panel, comprising three judges, determined that the International Emergency Economic Powers Act (IEEPA) did not authorise Trump to implement extensive tariffs or circumvent Congress's traditional authority over economic and commerce policies. Trump had referenced this 1977 legislation to validate most of his tariff implementations, particularly those announced on "’Liberation Day’ in early April.According to a NewsWeek report, Todd Tucker, a trade specialist from the Roosevelt Institute in New York, shared […]

[ad_1] Suryakumar Yadav (PTI Photo) Mumbai Indians' star batter Suryakumar Yadav has etched his name in the IPL history books yet again, this time by surpassing South African legend AB de Villiers to become the highest run-scorer by a non-opener in a single edition of the Indian Premier League. The milestone was achieved during the IPL 2025 Qualifier 2 clash between Mumbai Indians and Punjab Kings at the Narendra Modi Stadium in Ahmedabad on Sunday, where both teams are fighting for a spot in the final against Royal Challengers Bengaluru. Coming into the match, Suryakumar had already amassed 673 runs in 15 innings, averaging a stunning 67.30 with a strike rate of 167.83, including five half-centuries and a top score of 73*. Just 15 more runs were enough for him to eclipse AB de Villiers' 673-run tally from the 2016 […]

[ad_1] Pakistan PM Shehbaz Sharif Pakistan Prime Minister Shehbaz Sharif has admitted that the country's key allies now expect strategic partnerships grounded in trade, innovation, and investment, not financial handouts.Addressing senior military officers in Quetta, Sharif declared the end of Pakistan’s reliance on foreign aid, saying key allies such including China, Saudi Arabia, Turkey, Qatar, and the UAE, now expect equal partnerships based on trade and innovation.“They no longer expect us to go there with a begging bowl,” Sharif said, in a speech signaling a shift in Pakistan’s international posture. “China is the most time-tested friend of Pakistan. Saudi Arabia is one of the most reliable and trustworthy friends of Pakistan, and so are others, Turkey, Qatar, and the UAE. But let me make this point abundantly clear. They expect us now to engage them in trade, commerce, innovation, research […]

[ad_1] Donald Trump shared an outlandish conspiracy theory, claiming that former US president Joe Biden was executed in 2020 and now what stands in his place is a robotic clone.Trump, who remains active on his social media platform Truth Social, reposted a message late Saturday from a little-known user named “llijh”, who has fewer than 1,000 followers. The original post read, “There is no #JoeBiden - executed in 2020.#Biden clones doubles & robotic engineered soulless mindless entities are what you see.>#Democrats dont know the difference.”Though Trump didn’t comment on the validity of the claim, his decision to share the post has drawn widespread attention. The president is known for mocking opponents online, and critics suggest the post may be another example of him trolling political rivals.The two men last met in person at the 2025 presidential inauguration roughly five months […]

[ad_1] NEW DELHI: The temporary truce that domestic telecom majors Airtel and Reliance Jio struck with Elon Musk’s satcom venture Starlink has been disturbed. The local telecom operators have raised questions over Trai’s recommendations regarding spectrum allocation to satcom companies and alleged that they are “non-transparent and non-justifiable”, and favour satellite companies over the homegrown terrestrial operators.Cellular Operators Association of India (COAI), the body representing the local companies, claimed that much against Trai’s assumption that satcom will be a fringe player with a business case only in network-unserved areas and rural regions, the “reality” is that it will compete with the terrestrial networks. “These recommendations thus create a substantial regulatory arbitrage as they fail to appreciate that in reality, satellite communication services are fast emerging as full-fledged competitors in the broadband market and the leading NGSO (non-geostationary satellite orbits) constellations […]

[ad_1] NEW DELHI: Passengers aboard an IndiGo flight from Raipur to Delhi experienced a tense moment on Sunday evening as the aircraft was forced to abort its landing due to a sudden dust storm and strong winds over the capital.Flight 6E 6313 was minutes away from touchdown at Indira Gandhi International Airport when the pilot announced wind speeds of up to 80 km/h, prompting a go-around for safety. The plane circled the skies for a while before finally landing safely after weather conditions improved, ANI reported.The pilot announced that the wind speed was up to 80 km/hrs. With the announcement, he discontinued the approach for Delhi airport and climbed back till the weather cleared.The incident occurred as parts of Delhi and the National Capital Region (NCR) were hit by a dust storm followed by light rain, shortly after the India […]

[ad_1] Donald Trump had expressed criticism on Friday regarding Beijing's alleged breach of an agreement. (AI image) US President Donald Trump and Chinese President Xi Jinping may soon talk to ease the mounting issues in the US-China trade deal. According to US Treasury Secretary Scott Bessent, a conversation between Trump and Xi Jinping might occur "very soon," suggesting this dialogue could potentially resolve the current deadlock in trade negotiations between the world’s top two economies.Trump had expressed criticism on Friday regarding Beijing's alleged breach of an agreement reached in Geneva last month, which was brokered by Bessent. The agreement aimed to temporarily reduce the substantial tariffs both nations had implemented, with a planned duration of 90 days.The Wall Street Journal's Friday report, subsequently verified by US officials, highlighted American concerns regarding China's deliberate delays in approving export licences for rare […]