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Trump likely to start telling new tariff rates on Friday as deadline nears

Trump likely to start telling new tariff rates on Friday as deadline nears

US President Donald Trump said on Thursday (local time) that his administration may begin sending letters to trading partners as early as Friday, mentioning unilateral tariff rates ahead of the July 9 deadline.

According to a Bloomberg report, Trump made this announcement while addressing reporters before leaving Washington for Iowa. He said, “We’re probably going to be sending some letters out, starting probably tomorrow, maybe 10 a day to various countries saying what they’re going to pay to do business with the US.”

Defence Acquisition Council approves defence purchases worth ₹1.05 trn

Defence Acquisition Council approves defence purchases worth ₹1.05 trn

The Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday. The total value of these approvals is around ₹1.05 trillion through indigenous sourcing.

The approvals, known as Acceptance of Necessity (AoN), cover the procurement of Armoured Recovery Vehicles, an Electronic Warfare System, an Integrated Common Inventory Management System for the Tri-Services, and Surface-to-Air Missiles.

Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing

Meesho files confidential IPO papers with Sebi, targets ₹4,250 cr listing

E-commerce company Meesho has confidentially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to launch an initial public offering (IPO), Reuters reported on Thursday.

The SoftBank-backed firm plans to raise $497.30 million (₹4,250 cr) through the listing, the report added. Some existing investors are also expected to pare their stakes as part of the offer.

Foxconn recalls staff from India, iPhone 17 production may be hit

Foxconn recalls staff from India, iPhone 17 production may be hit

In a setback to Apple’s India expansion plans, Foxconn Technology Group has been sending hundreds of its Chinese engineers and technicians back home from its iPhone factories in India, it is learnt. This is likely to affect the Cupertino major’s production plans of iPhone 17, expected to be unveiled in mid-September.

This comes at a time when the Taiwanese contract manufacturer — Apple’s largest — is expanding its capacity in India.

Setback for Patanjali as HC orders to pull 'disparaging' ads against Dabur

Setback for Patanjali as HC orders to pull 'disparaging' ads against Dabur

The Delhi High Court on Thursday passed an interim order directing Patanjali Ayurved to take down advertisements that allegedly disparage Dabur's chyawanprash products, Bar and Bench reported. This came in response to a suit filed by Dabur India Ltd in December 2024, accusing Patanjali Ayurved of making misleading claims about its flagship Ayurvedic product.

Justice Mini Pushkarna issued the order after finding that the contested advertisements were problematic under the law governing commercial speech and product representation

A lover's relationship: Kejriwal alleges secret nexus between Cong and BJP

A lover's relationship: Kejriwal alleges secret nexus between Cong and BJP

Aam Aadmi Party (AAP) national convenor Arvind Kejriwal launched a scathing attack on both the Bharatiya Janata Party (BJP) and Congress during a party membership drive in Ahmedabad, alleging that the two major national parties are secretly working in tandem.

Addressing the supporters, Kejriwal drew a provocative analogy, questioning the relationship between the two parties in Gujarat.

Infosys techie held for filming women in washroom. Here's what company said

Infosys techie held for filming women in washroom. Here's what company said

A 30-year-old Infosys employee was arrested for allegedly filming a female colleague inside the women’s washroom at the company’s Electronic City office in Bengaluru, Karnataka. The incident, which took place on Monday morning, came to light after the woman raised an alarm, news agency PTI reported.

The accused has been identified as Swapnil Nagesh Mali, a senior associate consultant at Infosys and a native of Sangli, Maharashtra.

T'gana plant explosion: Nine people missing, expert committee to visit site

T'gana plant explosion: Nine people missing, expert committee to visit site

As many as nine people are still missing in the explosion at the Sigachi Industries' pharma plant in Pashamylaram that claimed at least 38 lives and left 35 injured, and efforts are on to trace the missing people, Superintendent of Police (SP) of this district, Paritosh Pankaj, said on Thursday.

Meanwhile, the expert committee appointed by the state government to ascertain the causes and establish the sequence of events that led to the explosion is expected to visit the site on Thursday.

Bangladesh court sentences Sheikh Hasina to 6 mths in jail in contempt case

Bangladesh court sentences Sheikh Hasina to 6 mths in jail in contempt case

Bangladesh's deposed prime minister, Sheikh Hasina, has been sentenced to six months in jail in connection with a contempt of court case by the International Crimes Tribunal (ICT), The Dhaka Tribune newspaper reported.

The verdict against Hasina was issued by a three-member bench of the International Crimes Tribunal-1, headed by Chairman Justice Md Golam Mortuza Mozumder.

'So tempting to escalate': Musk fires back as Trump hints at deportation

'So tempting to escalate': Musk fires back as Trump hints at deportation

The escalating war of words between US President Donald Trump and tech billionaire Elon Musk intensified on Tuesday. Trump said he would “take a look” at the possibility of deporting Musk, who has been a US citizen since 2002. When asked by journalists whether he would consider such a move, Trump replied, “We’ll have to take a look.”

Trump, 79, also suggested that the federal government could target the substantial contracts and subsidies awarded to Musk’s companies, including SpaceX and Starlink.

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