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[ad_1] Donald Trump (File photo) WASHINGTON: US President Donald Trump on Friday threatened a 25% tariff on Apple products unless iPhones are made in America, a move that will likely impact the company's production plans in India.Trump also said he would impose a 50% tax on all imports from the European Union.The threats, delivered over social media, reflect Trump's ability to disrupt the global economy with a burst of typing, as well as the reality that his tariffs have yet to produce the trade deals he is seeking or the return of domestic manufacturing.Apple now joins Amazon, Walmart and other major US companies in the White House's crosshairs as they try to respond to the uncertainty and inflationary pressures unleashed by his tariffs."I have long ago informed Tim Cook of Apple that I expect their iPhone's (sic) that will be […]

[ad_1] NEW DELHI: Hailing just-demitted CJI Sanjiv Khanna's initiatives to bring transparency in Supreme Court, Justice Abhay S Oka, on his last working day as judge, said a shift away from CJI-centric functioning is needed to make it more democratic.He expressed hope that CJI B R Gavai would bring the change during his tenure."In high courts, of course chief justice is the master of roster, but HCs function more democratically than the Supreme Court because there is an administrative committee in place of the first five judges. And that committee takes major important decisions regarding the administration. Somehow, I found, during my three years and more, that the Supreme Court is a Chief Justice-centric court. And I think we need to change that because SC is a court of 34 judges who come from different areas of our country," he […]

[ad_1] NEW DELHI: External affairs minister S Jaishankar, speaking at the German Council on foreign relations on Friday, reflected on the recent terror attack in Jammu and Kashmir's Pahalgam and India's subsequent strong retaliatory action under Operation Sindoor. He described the attack as part of a wider pattern of crossborder terrorism aimed at destabilising the region and harming India's socio-economic fabric."This was meant to create a fear psychosis and destroy the tourism economy of the Kashmir...and sow religious discord," Jaishankar said, specifying the strategic intent behind the assault.He added, "This was a terrorist attack, which is part of a pattern which has targeted not only J&K but other parts of India as well...what we were responding to were terrorism...and when we responded there were a lot of international understanding...we targeted terrorist headquarters and terror sites. Our campaign is against terrorism, […]

[ad_1] NEW DELHI: Days after Muhammad Yunus, chief adviser of the Bangladesh interim govt, said the "landlocked" northeastern part of India faced the prospect of becoming an extension of the Chinese economy, PM Modi on Friday said "confidence is the biggest transformation the region has seen in the last decade" and called it a a prime investment destination and frontrunner of growth."There was a time when the northeast was seen only as a frontier region - today it is becoming the frontrunner of growth," Modi said. He highlighted growth in sectors such as bamboo, petroleum, solar energy and organic farming, and encouraged investors to seize "first-mover advantage".He was speaking at the inaugural session of 'Rising North East Investor Summit', which saw a combined investment commitment of over Rs 2 lakh crore from industrialists Mukesh Ambani, Gautam Adani and others.Modi: Geography […]

[ad_1] MUMBAI: The RBI will transfer a record Rs 2.7 lakh crore to the govt as a dividend for the current financial year, exceeding last year's Rs 2.1 lakh crore and the budget estimate. The dividend outflow surpasses the Rs 2.6 lakh crore the govt projected to receive from the RBI, state-run banks, and financial institutions put together for FY26.The increase in the contingency buffer reflects a more cautious approach by the central bank amid global uncertainty and domestic financial stability concerns.The higher-than-expected payout will help bring down rates, with analysts expecting the yield on government bonds to come down further. The actual profit may have been higher, as the RBI raised its contingency risk buffer to 7.5% from 6.5% a year ago, requiring it to retain a larger share of earnings. Higher income from foreign exchange sales, improved returns […]

[ad_1] BHOPAL: Madhya Pradesh minister Vijay Shah, who is facing an SC-ordered inquiry for his comments on Col Sofiya Qureshi, issued a video apology on Friday, calling his remarks a 'linguistic mistake', reports Suchandana Gupta.Five days before the May 28 SC hearing, when the SIT probe is to be submitted, Shah released a 45-second video on X saying he did not intend to 'offend any community', and has "sincerely apologised to the entire Indian Army, sister Colonel Sofiya and all the countrymen".This time, the apology was with folded hands and without the phrase: 'if anyone is hurt'. On Monday, SC had dismissed his first apology as 'crocodile tears'.The MP minister has not been seen in public since his May 11 remarks triggered nationwide outrage.BJP call on Vijay Shah likely before PM's May 31 Bhopal visit An FIR was also registered […]

[ad_1] NEW DELHI: India will make a strong case to put Pakistan back on the Financial Action Task Force 'grey list' at its next meeting in June and highlight Islamabad's failure to comply with anti-money laundering and terror financing rules, a govt source told TOI on Friday.India will also oppose a World Bank funding plan for Pakistan, which is also scheduled for discussion in June, the source said, adding Islamabad had used funds from multilateral agencies to buy arms.The source said India will present a dossier to the watchdog detailing how Pakistan had failed to comply with the rules.World Bank expected to review $20bn funding for Pakistan Against the backdrop of escalating tensions between India and Pakistan post Pahalgam massacre, New Delhi has mounted a global offensive against Pakistan, which it has accused of backing terrorists.After Pakistan was placed in […]

[ad_1] INDORE: A shooting coach in Indore, Mohsin Khan, has been arrested after several female students and a former employee accused him of sexual exploitation at his private academy.At least one of them was a minor at the time of the alleged crime.Police have set up a special probe team and are also looking at financial transactions to check if there is a bigger conspiracy. Mohsin Khan owns seven-eight firearms which police are trying to trace.On Tuesday, a 20-year-old shooter approached Annapurna police station, accompanied by some right-wing activists, to file the first complaint against Khan. She was 16 years old when she joined Khan's academy in 2021 and trained for two years. He would touch her inappropriately under the pretext of coaching her, she alleged.When she resisted, he allegedly threatened to throw her out of the academy. Traumatised, she […]

[ad_1] LUCKNOW: A Central Bureau of Investigation (CBI) officer in Lucknow's Hazratganj on Friday had to pay a hefty price for uncovering a railway scam in 1993 - when an iron-tipped traditional arrow pierced his chest in broad daylight. The incident occurred around 11:15am at the main gate of the CBI office located on Naval Kishore Road, Hazratganj - one of Lucknow's busiest areas. Eyewitnesses were stunned as a man emerged from behind a tree, aimed a wooden bow, and released an iron-tipped arrow directly at CBI ASI Virendra Singh, piercing his chest and knocking him to the ground.The accused, identified as Dinesh Murmu, a former railway employee from Khadagpur, Munger district in Bihar, was immediately overpowered by onlookers and handed over to police. Sources said that Murmu nursed a grudge for over three decades after losing his job in […]

[ad_1] NEW DELHI: Delhi high court reserved judgment Friday on a petition by Celebi Airport Services Private Ltd against a decision by the Centre's Bureau of Civil Aviation Security (BACS) to withdraw the Turkiye company's security authorisation for ground handling operations at airports over national security concerns.A single-judge bench of Justice Sachin Datta reserved the judgment after listening to senior advocate Mukul Rohatgi, representing Celebi, and solicitor-general Tushar Mehta, appearing for the central govt. The court requested all parties to submit written statements by Monday. The cancellation of Celebi's security clearance came in the aftermath of Operation Sindoor and Pakistan's retaliation that included use of Turkish weapons.Rohatgi argued that principles of natural justice were breached, as Celebi received neither prior notice nor information about govt's intended actions. The decision violated Rule 12 of the Aircrafts Security Rules, 2023, rendering it […]