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Trump likely to announce pharma tariffs as high as 200% this month

Trump likely to announce pharma tariffs as high as 200% this month

US President Donald Trump on Wednesday (IST) said he is likely to announce tariffs on pharmaceuticals by the end of this month, which could go as high as 200 per cent. The new tariffs would be part of a broader “reciprocal” trade framework scheduled for implementation on August 1, Bloomberg reported.

Speaking to reporters after returning from Pittsburgh, Trump said, “Probably at the end of the month, and we’re going to start off with a low tariff and give the pharmaceutical companies a year or so to build, and then we’re going to make it a very high tariff.”

Rahul Gandhi slams EAM's China policy, calls it a 'full blown circus'

Rahul Gandhi slams EAM's China policy, calls it a 'full blown circus'

The Congress on Tuesday hoped that Prime Minister Narendra Modi will "finally agree" to a discussion on China in the forthcoming Monsoon session of Parliament, and said that when Parliament could debate the border situation during the 1962 Chinese invasion then why not now.

Tagging a media report on External Affairs Minister S Jaishankar calling on Chinese President Xi Jinping and apprising him about the recent development in India-China bilateral ties, Congress leader Rahul Gandhi took a swipe at him.

Japan's SMFG considers making additional $1.1 bn investment in YES Bank

Japan's SMFG considers making additional $1.1 bn investment in YES Bank

Nearly two months after acquiring a significant stake in private lender YES Bank, Japanese financial major Sumitomo Mitsui Financial Group (SMFG) is considering an additional investment of around $1.1 billion, Bloomberg reported on Tuesday.

According to the report, the deal would involve SMFG acquiring 5 per cent stake from the United States (US)-based investment fund Carlyle Group and other minority shareholders. Additionally, the Japanese major may also buy about $680 million in convertible bonds issued by YES Bank to help boost growth, the report added.

WHO approves injectable HIV drug lenacapavir for high-risk communities

WHO approves injectable HIV drug lenacapavir for high-risk communities

The World Health Organization (WHO) has released updated guidelines to strengthen global HIV prevention efforts, recommending the use of lenacapavir — a newly approved, long-acting antiretroviral — for high-risk groups and in regions with high infection rates.

The recommendation was announced on 14 July at the 13th International AIDS Society Conference (IAS 2025) held in Kigali, Rwanda.

ACKO selected as preferred insurance partner for Tesla customers in India

ACKO selected as preferred insurance partner for Tesla customers in India

ACKO on Tuesday said it has been selected as the preferred insurance partner for Tesla, which has made an entry into India by opening its first showroom in Mumbai’s Bandra Kurla Complex (BKC).

With this strategic collaboration, Tesla owners in India will have a fully integrated journey — quote to cover to claim — done digitally, the insurer said.

Trump vows 100% tariff on Russia if war in Ukraine not stopped in 50 days

Trump vows 100% tariff on Russia if war in Ukraine not stopped in 50 days

US President Donald Trump on Monday (IST) threatened to impose a 100 per cent tariff on Russia if Moscow's hostilities in Kyiv don't come to an end and a deal is not reached in 50 days.

Trump made these remarks during a meeting with Nato Secretary General Mark Rutte at the White House, Bloomberg reported. He added, "We’re going to be doing very severe tariffs if we don’t have a deal in 50 days, tariffs at about 100%".

On Tesla's debut day, VinFast starts pre-booking for VF6, VF7 in India

On Tesla's debut day, VinFast starts pre-booking for VF6, VF7 in India

Following a successful debut at the Bharat Mobility Global Expo earlier this year, VinFast Auto India — the Indian subsidiary of global electric vehicle (EV) leader VinFast — officially opened bookings on Tuesday for its premium electric sport utility vehicles (SUVs), the VF 7 and VF 6, across the Indian market. This comes on a day when Tesla is launching its first showroom in Mumbai.

Want to take break from contesting elections says Union minister Jual Oram

Want to take break from contesting elections says Union minister Jual Oram

Odisha's veteran tribal leader and Union Tribal Affairs Minister Jual Oram on Saturday said that he wants to take a break from contesting elections to pave the way for the young generation.

Oram, who is a member of the Narendra Modi council of ministers, made this announcement while attending a 'Nijukti Mela' (job fair) function at Sambalpur.

India first country to launch a traditional knowledge digital library: WHO

India first country to launch a traditional knowledge digital library: WHO

In a significant step towards global healthcare innovation, the World Health Organization (WHO) has released a technical brief titled "Mapping the Application of Artificial Intelligence in Traditional Medicine", acknowledging India's pioneering efforts in integrating Artificial Intelligence (AI) with traditional medicine systems, particularly Ayush systems.

The WHO release follows India's proposal on the subject, leading to the development of WHO's first-ever roadmap for applying AI in traditional medicine, the Ayush Ministry said in a release.

BJP office as centre of 'Vikasit Keralam' more important than CM post: Shah

BJP office as centre of 'Vikasit Keralam' more important than CM post: Shah

Union Home Minister Amit Shah on Saturday said that it was more important for the BJP to ensure that its state office here becomes the centre of 'Vikasit Keralam' than having a Chief Minister in the government.

Shah made the statement while addressing a massive gathering of party activists and supporters at a ward-level leadership meeting at Putharikandam Maidan here after inaugurating the new BJP state committee office.

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