Category: Government of India

  • Sensex, Nifty trade steady; oil & gas, metal stocks support market

    Source: Government of India

    Source: Government of India (4)

    Indian equity markets opened nearly flat on Wednesday, continuing their consolidation trend as sectoral performance remained mixed. The Sensex rose by 59 points to 82,451 and the Nifty 50 was up 18.55 points at 25,122 in early trade.

    Gains were led by sectors such as oil and gas and metals, while FMCG and PSU banks traded lower. On the National Stock Exchange, out of 15 sectoral indices, 11 were in the green, two were down, and two remained flat as of 9:25 am. The Nifty Media index led the gains.

    Stocks such as JSW Steel, Cipla, NTPC and Tech Mahindra were among the top gainers on the Nifty, while Grasim Industries, Shriram Finance, Asian Paints, L&T, and Titan Company recorded losses. The BSE Midcap and Smallcap indices were up by 0.3 percent each.

    According to analysts, the market is likely to stay within a consolidation range with a slight upward bias. A decisive move above the 25,100 mark on the Nifty will require sustained institutional buying, potentially triggered by developments in global trade talks.

    “In the near-term the market will respond to news regarding the trade negotiations. If there is a clear agreement, the market will respond positively and there is a high probability of Nifty breaking above 25,100 and remaining above this level,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    He added that while liquidity could support a mild rally, a stronger uptrend would require support from corporate earnings, which have yet to show signs of significant recovery.

    Foreign institutional investors (FIIs) continued their buying streak for a third straight session, with net purchases of ₹2,301 crore on June 10. Domestic institutional investors (DIIs) maintained a positive outlook for the 16th consecutive session, investing ₹1,113 crore.

    This steady institutional inflow reflects ongoing confidence in the domestic market, providing support amid global uncertainties.

    In the US, markets traded sideways for much of Tuesday but ended higher, with the S&P 500 rising 0.6 percent, bringing it within 1.7 percent of its record close from February 2020. Reports also suggest that US Treasury Secretary Scott Bessent may be under consideration to succeed Federal Reserve Chair Jerome Powell.

    -IANS

  • Amit Shah reviews flood management preparedness ahead of monsoon

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah chaired a high-level meeting in New Delhi on Tuesday to review the country’s flood preparedness ahead of the monsoon. The meeting focused on long-term flood mitigation strategies, the status of measures taken since last year’s review, and the use of technology for effective flood management.
     
    The Home Minister reviewed the adoption of new technologies by various agencies involved in flood management and called for their expanded use. He stressed the need for wider application of space technology by central agencies for flood control and water management.
     
    Shah reiterated that under the leadership of Prime Minister Narendra Modi, disaster management in India is being driven with a zero-casualty approach. He directed the National Disaster Management Authority (NDMA) to coordinate with State and District Disaster Management Authorities for effective dissemination of early warning alerts. He urged all States and Union Territories to implement NDMA advisories in a timely manner and asked NDMA and the National Disaster Response Force (NDRF) to ensure close coordination with the states for efficient flood response.
     
    The Home Minister acknowledged the efforts of the Central Water Commission (CWC) and India Meteorological Department (IMD) in extending the time window for issuing flood forecasts and advisories. He called for further improvements in forecast accuracy and underlined the need for flood monitoring centres of the CWC to align with national requirements and international standards. He asked the Ministry of Jal Shakti, NDMA, and the National Remote Sensing Centre (NRSC) to monitor glacial lakes and take timely action in case of any outburst.
     
    The Home Minister appreciated the efforts of the Central Water Commission (CWC) and India Meteorological Department (IMD) in extending the flood forecasting window from 3 to 7 days. He said, “The flood monitoring centres of the CWC must be aligned with our national requirements and developed to meet international standards.” He asked the Ministry of Jal Shakti, NDMA, and National Remote Sensing Centre (NRSC) to closely monitor glacial lakes and act swiftly in case of any breach or outburst.
     
    He stressed the importance of road infrastructure in flood-prone areas and asked the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI) to work with state authorities. “Drainage systems should be an integral part of highway designs to prevent waterlogging and road damage during heavy rains,” he said.
     
    On ecological measures, the Home Minister called for increasing forest cover along the Narmada River basin. He said, “If successful, this model can be implemented in other river basins as well. It will help revive river ecosystems, reduce soil erosion, and address declining rainfall.”
     
    The meeting also discussed the recurring problem of urban flooding. Shah directed central agencies to take proactive steps for flood control in cities and prepare comprehensive flood management plans for large urban areas. He noted the role of wetlands and said, “Rejuvenation of wetlands and afforestation are essential to deal with heavy rainfall in short durations during monsoon.” He also asked the Ministry of Jal Shakti to improve the condition of wetlands in the Brahmaputra basin, which he said would also support economic and tourism activities.
     
    The Home Minister suggested that agencies such as the National Dam Safety Authority (NDSA), IMD, NRSC and others organise a conference bringing together experts to discuss floods and related technologies. “In 2014, India was far behind in the field of meteorology. Today, under the leadership of Prime Minister Modi, we are on par with developed countries. Now we must aim to be number one,” he added.
     
    Departments including IMD and CWC presented detailed updates on the measures taken since last year’s flood review. Ministries and departments briefed the Home Minister on their preparedness for the current monsoon and their future plans. Shah expressed satisfaction with the preparations and called for collaborative development of software systems to manage extreme weather conditions.
     
    He said, “All departments must work together to build systems that can respond effectively to climate-related challenges and protect lives and infrastructure.”
     
     
  • US Marines arrive in Los Angeles; California governor warns ‘democracy under assault’

    Source: Government of India

    Source: Government of India (4)

    Hundreds of U.S. Marines arrived in the Los Angeles area on Tuesday under orders from President Donald Trump, ratcheting up tensions in America’s second largest city, as California’s governor warned “democracy is under assault.”

    Trump’s extraordinary measures of sending National Guard and Marines to quell protests, which broke out in response to his immigration raids, fueled demonstrations for a fifth day in Los Angeles, and sparked protests in several other cities.

    As Trump and Newsom traded fulminations, the city’s mayor said the protests were limited to about five downtown streets, but declared a curfew for parts of the downtown area due to violence and looting.

    Police arrested another 197 people on Tuesday – more than double the total number of arrests to date.

    Democratic leaders have raised concerns over a national crisis in what has become the most intense flashpoint yet in the Trump administration’s efforts to deport migrants living in the country illegally, and then crack down on opponents who take to the streets in protest.

    “This brazen abuse of power by a sitting president inflamed a combustible situation, putting our people, our officers and even our National Guard at risk. That’s when the downward spiral began,” Newsom said in an a video address.

    “He again chose escalation. He chose more force. He chose theatrics over public safety. … Democracy is under assault.”

    Newsom, widely seen as preparing for a presidential run in 2028, has called the deployments an illegal waste of resources. He and the state sued Trump and the Defense Department on Monday, seeking to block the deployment of federal troops. Trump in turn has suggested Newsom should be arrested.

    Trump, voted back into office last year largely for his promise to deport undocumented immigrants, used a speech honoring soldiers on Tuesday to defend his decision.

    He told troops at the Army base in Fort Bragg, North Carolina: “Generations of Army heroes did not shed their blood on distant shores only to watch our country be destroyed by invasion and third-world lawlessness.”

    “What you’re witnessing in California is a full-blown assault on peace, on public order and on national sovereignty, carried out by rioters bearing foreign flags,” Trump said, adding his administration would “liberate Los Angeles.”

    Demonstrators have waved the flags of Mexico and other countries in solidarity for the migrants rounded in a series of intensifying raids.

    Homeland Security said Monday its Immigration and Customs Enforcement division had arrested 2,000 immigration offenders per day recently, far above the 311 daily average in fiscal year 2024 under former President Joe Biden.

    UNREST IN THE STREETS

    Los Angeles Mayor Karen Bass on Tuesday announced a curfew for one square mile (2.5 square km) of downtown Los Angeles that will run from 8 p.m. to 6 a.m. locally (0300 to 1300 GMT) for several days.

    With five minutes until the curfew took effect, hundreds of protesters faced police with their hands raised, chanting “”peaceful protest.”

    Even so, state and local officials have called Trump’s response an extreme overreaction to mostly peaceful demonstrations.

    Bass emphasized at a press conference the distinction between the majority of demonstrators protesting peacefully and a smaller number of agitators she blamed for violence and looting.

    A curfew had been considered for several days but Bass said she decided to impose one after 23 business were looted on Monday night.

    “When these peaceful rallies end, and the protesters head home, another element moves in: opportunists, who come in under the cover of a peaceful protest to ravage and destroy,” Council member Ysabel Jurado, who represents the area, told reporters.

    As the mayor and the council member spoke, police and protesters were engaged in skirmishes outside.

    In what has become a daily ritual, police forced demonstrators away from the streets outside the Metropolitan Detention Center, where many detained migrants are held. Multiple groups of protesters snaked through downtown Los Angeles, monitored or followed by police armed with less lethal munitions.

    Protests also took place in other cities including New York, Atlanta and Chicago, where demonstrators shouted at and scuffled with officers. Some protesters climbed onto the Picasso sculpture in Daley Plaza, while others chanted that ICE should be abolished.

    Christina Berger, 39, said it was heartbreaking to hear about children who are afraid of being separated from their families due to immigration raids, adding, “I just want to give some hope to my friends and neighbors.”

    MARINES AT THE READY

    About 700 Marines were in a staging area in the Seal Beach area about 30 miles (50 km) south of Los Angeles, awaiting deployment to specific locations, a U.S. official said.

    A U.S. official said there were 2,100 National Guard troops in the Los Angeles area on Tuesday, more than half the 4,000 to be activated. The Marines and National Guard troops lack the authority to makes arrests and will be charged only with protecting federal property and personnel.

    Even so, California Attorney General Rob Bonta told Reuters the state was concerned about allowing federal troops to protect personnel, saying there was a risk that could violate an 1878 law that generally forbids the U.S. military, including the National Guard, from taking part in civilian law enforcement.

    “Protecting personnel likely means accompanying ICE agents into communities and neighborhoods, and protecting functions could mean protecting the ICE function of enforcing the immigration law,” Bonta said.

    U.S. Immigration and Customs Enforcement on Tuesday posted photos on X of National Guard troops accompanying ICE officers on an immigration raid. Trump administration officials have vowed to redouble the immigration raids in response to the street protests.

    (Reuters)

  • IDY 2025: Yoga Sangam Portal crosses 50,000 registrations

    Source: Government of India

    Source: Government of India (4)

    Ahead of the 11th International Day of Yoga (IDY) 2025, over 50,000 organisations from across the nation have registered to host Yoga Sangam, setting a new benchmark for collective participation, said the Ministry of Ayush on Tuesday.

    Creating a historic milestone in promoting holistic health and well-being, Yoga Sangam will be hosted on June 21 from 6:30 am to 7:45 am.

    This year’s theme ‘Yoga for One Earth, One Health’ echoes a universal call for unity and wellness. Premier institutions like IITs, IIMs, and Central Universities, along with many corporates and private players, are actively registering and showcasing their commitment to global wellness.

    Rajasthan has emerged as the frontrunner with an impressive 11,000+ organisations registered for Yoga Sangam 2025, the highest among all states. It is followed by Telangana with over 7,000+ registrations, and Madhya Pradesh with close to 5,000 registrations.

    The IDY events will be held across the snow-capped mountains of Ladakh to the sunlit beaches of Kerala, from school playgrounds and office lawns to railway stations and historic temple courtyards.

    “With over one lakh locations expected to host the IDY event, Yoga Sangam 2025 the Ministry of Ayush invites citizens, institutions, and communities to come together in this global celebration of India’s timeless wisdom. Let us move together, breathe together, and thrive together – for a healthier, more harmonious world,” the Ayush ministry said.

    This year’s IDY celebrations build on the successful decentralised model of previous editions, with the Ministry of Ayush enhancing public engagement through the Yoga Sangam portal: Yoga.ayush.gov.in/yoga-sangam.

    To participate in Yoga Sangam, groups/organisations can register themselves through Yoga Sangam portal. After conducting the Yoga Sangam event on June 21, they can receive the official Certificate of Appreciation by uploading participation details.

    (With inputs from IANS)

  • Propulsion bay leak delays Axiom-4 mission again; repair work begins

    Source: Government of India

    Source: Government of India (4)

    The highly anticipated Axiom-4 mission, which was scheduled to launch on June 11 after a series of earlier delays, has been postponed once again due to a leak detected in the propulsion bay during a pre-launch test, SpaceX said on Wednesday.

    “Standing down from tomorrow’s (June 11) Falcon 9 launch of Ax-4 to the ISS to allow additional time for SpaceX teams to repair the LOX leak identified during post-static fire booster inspections. Once complete—and pending Range availability—we will share a new launch date”, SpaceX said in a post on X. 

    ISRO Chairman Dr. V. Narayanan also took to X, saying, “The Axiom 04 mission, slated for launch on 11th June 2025 to send the first Indian Gaganyatri to the ISS, has been postponed. As part of launch vehicle preparations to validate the performance of the booster stage of the Falcon 9 launch vehicle, a seven-second hot test was carried out on the launch pad. During the test, a LOX (liquid oxygen) leak was detected in the propulsion bay.”

    “Following discussions between ISRO, Axiom, and SpaceX experts, it has been decided to correct the leak and conduct the necessary validation tests before clearing the mission for launch. Hence, the launch of Axiom 04 has been postponed,” he added.

    The mission, operated by the US-based Axiom Space, was set to carry Indian astronaut Group Captain Shubhanshu Shukla along with three international crew members to the International Space Station (ISS) aboard a SpaceX Falcon 9 rocket.

    The launch was scheduled to take place from the Kennedy Space Center in Florida at 5:30 p.m. IST. The Axiom 04 mission has faced multiple delays, having been rescheduled from its original target of May 29 to June 8, then June 10, and most recently to June 11.

    The mission is of major significance for India, as Shukla is set to become the first Indian to visit the International Space Station, and only the second Indian to travel to space, following Rakesh Sharma’s historic flight aboard the Soviet space station Salyut 7 in 1984.

    Shukla will serve as the pilot of the Axiom 04 mission, with Commander Peggy Whitson from the United States leading the crew. The other crew members include Slawosz Uznanski-Wisniewski from Poland and Tibor Kapu from Hungary, both serving as mission specialists.

    Once aboard the ISS, Shukla is expected to carry out experiments related to food and nutrition. The scientific mission is a collaboration between ISRO and the Department of Biotechnology (DBT), with additional support from NASA.

    These experiments aim to advance the understanding of space nutrition and help develop self-sustaining life support systems critical for long-duration space exploration.

    The research will focus on the effects of microgravity and space radiation on edible microalgae—a nutrient-rich, high-potential food source for future space missions.

    The experiment will evaluate key growth parameters and examine transcriptomic, proteomic, and metabolomic changes in different algal species in space compared to their behaviour on Earth.

    (With agency input)

  • Josh Hazlewood returns for WTC final against South Africa

    Source: Government of India

    Source: Government of India (4)

    Marnus Labuschagne will open the batting for Australia and Josh Hazlewood has been selected in the bowling line-up for the World Test Championship final against South Africa at Lord’s, captain Pat Cummins said on the eve of the game on Tuesday.

    Labuschagne has been moved up the order to accommodate the return of Cameron Green, who underwent back surgery in October and was ruled out of the home season, while Hazlewood is fit again after a calf injury to replace of Scott Boland.

    “Cam Green has been coming back in great form in the last few weeks and we thought he deserved a spot in the batting lineup. We thought three probably suits him best,” Cummins told a press conference.

    “For Marnus moving one spot up, it’s not too different to batting at three. He’s done well here in England in the past.”

    Leaving out Boland, who had been one of the heroes of Australia’s 3-1 test series win over India this year, had been a difficult decision.

    “There are some guys where you genuinely say, you’ve done nothing wrong, don’t change a thing and that’s Scotty. He is just really unfortunate to miss out.

    “The message to Scotty is there’s a lot of test cricket coming up in the next couple of years and just because your mid-30s doesn’t mean that’s the end of your career.

    “By having a squad of fast bowlers, hopefully we can extend all our care for an extra couple of years.”

    An element of selection criteria was to reward those who had contributed to defending champions Australia winning 13 of 19 tests in the two-year WTC cycle and reaching yet another final.

    “I think our selectors have probably shown you that they’re happy and they’d rather give someone an extra little run than pull the pin too early. I think it’s partly rewarding those guys that got us here.”

    Cummings said defending the title was high on the Australian priority list, even after all their success in the limited-overs formats.

    “It’s a trophy we’ve spoken a lot about over the last couple of years. “Test cricket is my favourite format. You’ve got to basically win in all different conditions to make it into this final. If we can retain that mace, that’s a pretty awesome thing for this team.”

    Australia team: Usman Khawaja, Marnus Labuschagne, Cameron Green, Steve Smith, Travis Head, Beau Webster, Alex Carey (wicketkeeper), Pat Cummins (captain), Mitchell Starc, Nathan Lyon, Josh Hazlewood.

    -Reuters

  • Centre reaches out to farmers across 700 districts under Viksit Krishi Sankalp Abhiyan

    Source: Government of India

    Source: Government of India (4)

    Union Minister for Agriculture and Farmers’ Welfare Shivraj Singh Chouhan is spearheading the ongoing Viksit Krishi Sankalp Abhiyan (VKSA), a national campaign launched on May 29 from Puri, Odisha. The 15-day initiative, which concludes on June 12, aims to connect scientific research with agricultural practice on the ground, targeting over 1.5 crore farmers across more than 700 districts. The effort is supported by 16,000 agricultural scientists and 2,170 interdisciplinary teams.

    At the launch event in Bhubaneswar, the Minister said the campaign would focus on modern technologies, soil health, natural farming, and crop diversification to ensure food security and adequate reserves. He announced the deployment of expert teams to assist farmers with seed varieties, fertiliser use, crop selection, and sustainable practices.

    During a visit to Jammu and Kashmir on May 30, Chouhan referred to farmers living in border areas as the second line of defence, acknowledging their continued efforts in agriculture despite adverse conditions. “VKSA is bringing Prime Minister Narendra Modi’s vision of ‘Lab to Land’ into action,” he said, adding that the campaign is contributing to the broader goal of developing Indian agriculture.

    On May 31, in Panipat, Haryana, Chouhan reiterated the importance of direct farmer interaction. “I try to live the life of a farmer. I am a farmer’s son. I drive a tractor and also do the sowing myself,” he said, describing agriculture as central to the Indian economy. He added that even a small increase in productivity per hectare could lead to substantial gains at the national level.

    In Dabthuwa village of Meerut, Uttar Pradesh, Chouhan interacted with farmers directly and later addressed a media gathering in Jangethi village. He said that the goal of VKSA is to increase production, reduce input costs, ensure fair pricing for produce, and prevent post-harvest losses.

    In Bihar’s Motihari, the Minister announced ₹6 crore worth of upcoming agricultural projects at the local Krishi Vigyan Kendra (KVK) and emphasized the role of scientists in promoting advanced techniques to improve productivity.

    In Pune, Maharashtra, Chouhan met farmers at the Narayangaon KVK and visited local farm markets and cold storage facilities. Speaking about inputs, he said, “The government is moving towards enacting a strict law for taking action against any company or person making fake fertilizers or pesticides and supplying those to farmers.” He also underlined the role of scientists in providing on-ground guidance tailored to regional agricultural needs.

    During a Kisan Chaupal held in Patiala, Punjab, the Minister supported farmer-led policy feedback and encouraged the adoption of sustainable practices such as direct-seeded rice. “Policies will now be shaped by inputs from farmers—not by bureaucrats,” he said. He also addressed concerns about excessive pesticide use, noting its impact on costs and crop quality.

    In Dehradun, Uttarakhand, Chouhan spoke about the export potential of the region’s agricultural produce. He called for a renewed focus on natural farming, water conservation, and technological innovation. “The sacred land of Uttarakhand brings renewed energy to the mind, intellect, and spirit,” he said, citing the importance of direct farmer engagement in evaluating the effectiveness of government schemes.

    At the ICAR-Central Citrus Research Institute, Chouhan held a review meeting and urged scientists to focus on export-quality seed development and value addition. “Technology-driven, farmer-centric solutions are essential for increasing incomes in citriculture,” he said.

    In Bhopal on June 7, Chouhan described the campaign’s intent as scientific, not political. “The government is working with the spirit of ‘One Nation, One Agriculture, One Team’,” he said. He credited record production of major crops to collaborative efforts between scientists and farmers.

    On June 8, during his visit to the ICAR-Indian Institute of Horticultural Research in Bengaluru, Chouhan addressed 500 farmers and advocated for demand-driven research informed by farmer feedback. He emphasized the need for sustainable practices and a robust advisory system.

    In Telangana’s Ranga Reddy district on June 9, the Minister held multiple interactions with farmers, many of whom shared positive outcomes from diversification and integrated farming. Speaking at a gathering in Ibrahimpatnam, he said, “Under the leadership of Prime Minister Narendra Modi, continuous efforts are being made for agricultural advancement.” He also noted that tomato, potato, and onion farmers will benefit from the Market Intervention Scheme.

    According to official data, the campaign has reached approximately 87.8 lakh farmers across 85,480 villages through 46,181 field visits made by 2,170 dedicated teams between May 29 and June 8.

    During his visit to the ICAR-Indian Institute of Millets Research (IIMR) in Hyderabad, Chouhan laid the foundation for a Global Centre of Excellence on Millets.

  • Trump warns protests at Army parade will be met with force

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump warned people on Tuesday against protesting at the weekend military parade in Washington marking the U.S. Army’s 250th anniversary.

    “For those people that want to protest, they’re going to be met with very big force,” Trump told reporters in the White House’s Oval Office.

    Law enforcement agencies are preparing for hundreds of thousands of people to attend Saturday’s parade, U.S. Secret Service Special Agent in Charge Matt McCool said on Monday.

    McCool said thousands of agents, officers and specialists will be deployed from law enforcement agencies from across the country. The FBI and the Metropolitan Police Department have said there are no credible threats to the event.

    At least nine permits have been issued for protests on that day, a U.S. Secret Service spokesperson said on Tuesday.

    In unscheduled Oval Office remarks, Trump discussed his decision to deploy 4,000 National Guard troops and 700 Marines to Los Angeles after protests erupted in response to federal immigration raids at workplaces there.

    Trump defended his decision to take that rare step and said troops were necessary to contain the unrest, despite objections from local and state officials that they were needed.

    Saturday’s event, which will coincide with Trump’s 79th birthday, includes an Army birthday festival on the National Mall and will culminate with a parade through the capital and an enlistment and re-enlistment ceremony presided over by the president.

    Nationwide protests on that day were being organized by a group called No Kings.

    “They’ve defied our courts, deported Americans, disappeared people off the streets, attacked our civil rights and slashed our services,” the group says on its website. “The corruption has gone too far. No thrones. No crowns. No kings.”

    (Reuters) 

  • US, China reach deal to ease export curbs, keep tariff truce alive

    Source: Government of India

    Source: Government of India (4)

    U.S. and Chinese officials said on Tuesday they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences.
     
    At the end of two days of intense negotiations in London, U.S. Commerce Secretary Howard Lutnick told reporters the framework deal puts “meat on the bones” of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs that had reached crushing triple-digit levels.
     
    But the Geneva deal had faltered over China’s continued curbs on critical minerals exports, prompting the Trump administration to respond with export controls of its own preventing shipments of semiconductor design software, aircraft and other goods to China.
     
    Lutnick said the agreement reached in London would remove some of the recent U.S. export restrictions, but did not provide details after the talks concluded around midnight London time (2300 GMT).
     
    “We have reached a framework to implement the Geneva consensus and the call between the two presidents,” Lutnick said. “The idea is we’re going to go back and speak to President Trump and make sure he approves it. They’re going to go back and speak to President Xi and make sure he approves it, and if that is approved, we will then implement the framework.”
     
    In a separate briefing, China’s Vice Commerce Minister Li Chenggang also said a trade framework had been reached in principle that would be taken back to U.S. and Chinese leaders.
     
    The dispute may keep the Geneva agreement from unravelling over duelling export controls, but does little to resolve deep differences over Trump’s unilateral tariffs and longstanding U.S. complaints about China’s state-led, export-driven economic model.
     
    The two sides left Geneva with fundamentally different views of the terms of that agreement and needed to be more specific on required actions, said Josh Lipsky, senior director of the Atlantic Council’s GeoEconomics Center in Washington.
     
    “They are back to square one but that’s much better than square zero,” Lipsky added.
     
    The two sides have until August 10 to negotiate a more comprehensive agreement to ease trade tensions, or tariff rates will snap back from about 30% to 145% on the U.S. side and from 10% to 125% on the Chinese side.
     
    Investors, who have been badly burned by trade turmoil before, offered a cautious response and MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.57%.
     
    “The devil will be in the details, but the lack of reaction suggests this outcome was fully expected,” said Chris Weston, head of research at Pepperstone in Melbourne.
     
    “The details matter, especially around the degree of rare earths bound for the U.S., and the subsequent freedom for U.S.-produced chips to head east, but for now as long as the headlines of talks between the two parties remain constructive, risk assets should remain supported.”
     
    RESOLVING RESTRICTIONS
     
    Lutnick said China’s restrictions on exports of rare earth minerals and magnets to the U.S. will be resolved as a “fundamental” part of the framework agreement.
     
    “Also, there were a number of measures the United States of America put on when those rare earths were not coming,” Lutnick said. “You should expect those to come off … in a balanced way.”
     
    U.S. President Donald Trump’s shifting tariff policies have roiled global markets, sparked congestion and confusion in major ports, and cost companies tens of billions of dollars in lost sales and higher costs. The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying higher tariffs and heightened uncertainty posed a “significant headwind” for nearly all economies.
     
    A resolution to the trade war may require policy adjustments from all countries to treat financial imbalances or otherwise greatly risk mutual economic damage, European Central Bank President Christine Lagarde said on a rare visit to Beijing on Wednesday.
     
    PHONE CALL HELPED
     
    The second round of U.S.-China talks was given a major boost by a rare phone call between Trump and Chinese President Xi Jinping last week, which Lutnick said provided directives that were merged with Geneva truce agreement.
     
    Customs data published on Monday showed that China’s exports to the U.S. plunged 34.5% in May, the sharpest drop since the outbreak of the COVID pandemic.
     
    While the impact on U.S. inflation and its jobs market has so far been muted, tariffs have hammered U.S. business and household confidence and the dollar remains under pressure.
     
    Lutnick was joined by U.S. Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent at the London talks. Bessent departed hours before their conclusion to return to Washington to testify before Congress on Wednesday.
     
    China holds a near-monopoly on rare earth magnets, a crucial component in electric vehicle motors, and its decision in April to suspend exports of a wide range of critical minerals and magnets upended global supply chains.
     
    In May, the U.S. responded by halting shipments of semiconductor design software and chemicals and aviation equipment, revoking export licences that had been previously issued.
     
    China, Mexico, the European Union, Japan, Canada and many airlines and aerospace companies worldwide urged the Trump administration not to impose new national security tariffs on imported commercial planes and parts, according to documents released Tuesday.
     
    Just after the framework deal was announced, a U.S. appeals court allowed Trump’s most sweeping tariffs to stay in effect while it reviews a lower court decision blocking them on grounds that they exceeded Trump’s legal authority by imposing them.
     
    The decision keeps alive a key pressure point on China, Trump’s currently suspended 34% “reciprocal” duties that had prompted swift tariff escalation.
     
    (Reuters)
  • Tesla’s public robotaxi rides set for tentative June 22 start, CEO Musk says

    Source: Government of India

    Source: Government of India (4)

    Tesla tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service.

    Musk has staked Tesla’s future on self-driving vehicles, pivoting away from plans to build a cheaper EV platform, and much of the company’s valuation hangs on that vision.

    But commercializing autonomous vehicles (AV) has been challenging with safety concerns, tight regulations and soaring investments, and many have been skeptical of Musk’s plans.

    “We are being super paranoid about safety, so the date could shift,” Musk said in a post on X in response to a question from a user about public robotaxi rides that the EV maker plans to first offer in Austin, Texas.

    Musk also said starting June 28, Tesla vehicles will drive themselves to a customer’s house from the end of the factory line.

    A successful robotaxi launch is crucial for Tesla as sales of its EVs have softened due to rising competition and a backlash against Musk’s embrace of far-right political views in Europe, and his recent work for U.S. President Donald Trump before their public falling out.

    Musk has promised a paid robotaxi service in Austin starting with about 10-20 of its Model Y SUVs that will operate in a limited area and under remote human supervision.

    The company then plans to expand operations to other U.S. states later in the year, including California which has stringent AV regulations.

    “Austin >> LA for robotaxi launch lol,” Musk said on X, in an apparent reference to the southern Californian city of Los Angeles.

    Tesla has been testing its self-driving vehicles on public streets in Austin, Musk said last month. Earlier on Tuesday, Musk re-posted a video on X that showed a Model Y making a turn at an Austin intersection with no human driver and the word “Robotaxi” written on it, and followed closely by another Model Y.

    The vehicles were using a new version of Tesla’s advanced driver assistance software, called Full Self-Driving (FSD), Musk said in a separate X post.

    Little else is known about Tesla’s robotaxi service, including where it will operate, the extent of remote supervision and how the public can use the service.

    (Reuters)

  • Brazil qualify for 2026 World Cup finals

    Source: Government of India

    Source: Government of India (4)

    Brazil secured their spot at the 2026 World Cup on Tuesday with a 1-0 win over Paraguay, taking the second of South America’s six automatic qualifying berths after champions Argentina booked their ticket in March.

    A goal from Real Madrid attacker Vinicius Jr. on the stroke of halftime in Sao Paulo made it a winning home debut for Brazil’s new coach Carlo Ancelotti.

    Brazil extended their record as the only team to play in every edition of the World Cup, with the five-times winners set to make their 23rd appearance in next year’s tournament in the United States, Canada and Mexico.

    Ecuador can also secure a World Cup spot if they are able to avoid defeat in Peru.

    Earlier on Tuesday, Uruguay took a step closer to securing a spot with a 2-0 home victory over Venezuela at the Estadio Centenario, a victory which also snapped a four-match winless run in South American qualifiers.

    Uruguay dominated much of the first half but struggled to break down a well-organised Venezuelan defence until Rodrigo Aguirre put the hosts ahead in the 42nd minute, heading in at the far post from a Maxi Araujo corner.

    Giorgian De Arrascaeta doubled Uruguay’s lead just two minutes into the second half, firing a superb shot into the top-left corner to seal a win that secures Marcelo Bielsa’s side of at least an inter-confederation playoff berth.

    Argentina needed an 81st-minute equaliser from Thiago Almada to cancel out Luis Diaz’s goal and secure a draw with Colombia, avoiding a second straight defeat to Nestor Lorenzo’s side.

    Chile’s hopes of reaching the finals ended with a 2-0 loss in Bolivia. Chile coach Ricardo Gareca resigned after the match.

    -Reuters

  • Thunderstorms, heavy showers likely in many states; IMD issues orange alert

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Wednesday issued an Orange Alert for several regions, warning of moderate rainfall accompanied by thunderstorms, lightning, and gusty winds reaching speeds of up to 60 kmph over the next two to three hours.

    The alert covers large parts of Madhya Pradesh, Chhattisgarh, Maharashtra, Karnataka, Tamil Nadu, Kerala, and Assam, with the IMD urging residents to remain cautious and follow official weather advisories.

    In Madhya Pradesh, districts including Dhar, Barwani, Khargone, Dindori, Mandla, and Balaghat are likely to experience intense weather conditions. Chhattisgarh is also expected to be significantly impacted, with warnings issued for Mungeli, Kabirdham, Bemetara, Raipur, Durg, Rajnandgaon, Balod, Kanker, and Narayanpur.

    Parts of eastern Maharashtra, particularly Gondia, Bhandara, Chandrapur, Wardha, and Nanded, are under similar warnings. In Karnataka, the alert applies to Bangalore Urban, Bangalore Rural, and Ramnagar districts, where adverse weather is anticipated.

    The forecast also suggests intensified rainfall and storm activity in several districts of Tamil Nadu, including Thiruvannamalai, Villupuram, Kallakkurichi, Cuddalore, Perambalur, Ariyalur, Thanjavur, Thiruvarur, Tenkasi, Kanyakumari, and Theni. In Kerala, residents of Thrissur, Ernakulam, Idukki, Kottayam, Alappuzha, Kollam, and Thiruvananthapuram have been advised to remain alert. Assam’s Dibrugarh, Charaideo, and Sibsagar districts are also expected to witness thunderstorm activity.

    Authorities have urged people in the affected areas to stay indoors, avoid sheltering under trees or near unstable structures, and refrain from unnecessary travel. Commuters are advised to check road and traffic conditions before heading out, as sudden heavy rainfall may lead to waterlogging or hazardous driving situations.

    -IANS

  • Indian Foreign Secretary meets UAE officials in Abu Dhabi, strengthens counter-terrorism cooperation

    Source: Government of India

    Source: Government of India (4)

    India’s Foreign Secretary Vikram Misri conducted key meetings with senior UAE officials in Abu Dhabi on Tuesday, reinforcing bilateral cooperation on security matters and expressing gratitude for the UAE’s support of recent Indian parliamentary initiatives.

    Foreign Secretary Misri met with Sheikh Nahyan bin Mubarak Al Nahyan, UAE’s Minister of Tolerance and Co-Existence, where he conveyed gratitude for the warm reception of the All-party delegation by His Highness and the UAE. The discussions emphasized the shared values of harmony and tolerance that form the foundation of India-UAE relations.

    In a separate meeting, Misri held talks with Ali Rashid Al Nuaimi, Chairman of the Defence Affairs, Interior and Foreign Affairs Committee of the Federal National Council of UAE, where “both sides reaffirmed their commitment to combat terrorism in all its forms and manifestations.” The officials also explored opportunities to enhance India-UAE parliamentary cooperation.During the Mid-Year Review in Abu Dhabi, Foreign Secretary Misri also met with UAE Minister of State for International Cooperation, Reem Al Hashimy. The discussions focused on taking stock of bilateral relations and exploring avenues for future collaboration across sectors.

    The meetings follow a recent high-level all-party delegation visit from India to the UAE, led by Shiv Sena MP Shrikant Eknath Shinde, which focused on strengthening cooperation in counter-terrorism efforts. During that visit, UAE officials had expressed solidarity with India following recent security challenges, with Sheikh Nahyan stating that India and UAE would tackle terrorism together.

  • ‘Proud’ at how they advocated India’s stance, says PM Modi at meeting with Op Sindoor delegations

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday met members of the various delegations who represented India in different countries at his official residence.

    The members elaborated on India’s commitment to peace and the need to eradicate the menace of terrorism. We are all proud of the manner in which they put forward India’s voice.

    The members of multi-party delegations who recently returned from diplomatic missions abroad, “played a crucial role in elaborating India’s commitment to peace and the need to eradicate the menace of terrorism”.

    PM Modi commended the delegations for their dedication in advancing India’s voice on global platforms.

    In a post on X, PM Modi wrote: “Met members of the various delegations who represented India in different countries and elaborated on India’s commitment to peace and the need to eradicate the menace of terrorism. We are all proud of the manner in which they put forward India’s voice.”

    The meeting underscored India’s proactive approach in shaping international discourse on terrorism, reinforcing its commitment to global security and diplomatic engagement.

    The delegation comprising parliamentarians (MPs) from various political parties, former MPs, and seasoned diplomats, were tasked with conveying India’s firm stance against terrorism and its dedication to world peace following Operation Sindoor.

    This military operation was launched in response to the April 22 terror attack in Pahalgam, during which India executed precision strikes against terror hubs in Pakistan and Pakistan-occupied Jammu and Kashmir.

    As part of a broader diplomatic outreach, seven delegations visited 33 countries, engaging with policymakers, elected representatives, and international institutions to highlight India’s counterterrorism measures and expose Pakistan’s long-standing support for extremist groups.

    During the meeting, delegation members shared insights from their interactions with global leaders, detailing how India’s position was received on the international stage.

    Leading these diplomatic teams were BJP’s Ravi Shankar Prasad and Baijayant Panda, Congress’ Shashi Tharoor, JD(U)’s Sanjay Jha, Shiv Sena’s Shrikant Shinde, DMK’s Kanimozhi, and NCP-SP’s Supriya Sule.

    The government initiated this outreach to project a unified national front against terrorism, with opposition leaders such as Congress MP Shashi Tharoor and AIMIM MP Asaduddin Owaisi joining forces with ruling alliance members to advocate India’s position internationally.

    External Affairs Minister S. Jaishankar had earlier engaged with the delegations, commending their efforts in effectively articulating India’s position.

    (IANS)

  • World Bank pegs India’s growth at 6.3 pc for FY26, country remains fastest growing economy

    Source: Government of India

    Source: Government of India (4)

    The World Bank on Tuesday kept India’s economic growth projection at 6.3 per cent for FY 2025-26, as the country remains the fastest growing economy globally.

    “In the next two fiscal years, starting in FY2026/27, growth is expected to recover to 6.6 per cent a year, on average, partly supported by robust services activity contributing to a pickup in exports,” said the World Bank in its ‘Global Economic Prospects’ report.

    In India, growth moderated in FY2024/25 (April 2024 to March 2025), partly reflecting a deceleration in industrial output growth.

    “However, growth in construction and services activity remained steady, and agricultural output recovered from severe drought conditions, supported by resilient demand in rural areas,” said the World Bank.

    Meanwhile, heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions.

    The turmoil has resulted in growth forecasts being cut in nearly 70 per cent of all economies — across all regions and income groups.

    “Global growth is projected to slow to 2.3 per cent in 2025, nearly half a percentage point lower than the rate that had been expected at the start of the year,” said the World Bank.

    “A global recession is not expected. Nevertheless, if forecasts for the next two years materialise, average global growth in the first seven years of the 2020s will be the slowest of any decade since the 1960s,” it added.

    “Outside of Asia, the developing world is becoming a development-free zone,” said Indermit Gill, the World Bank Group’s Chief Economist and Senior Vice President for Development Economics.

    “It has been advertising itself for more than a decade. Growth in developing economies has ratcheted down for three decades—from 6 per cent annually in the 2000s to 5 per cent in the 2010s—to less than 4 per cent in the 2020s,” he noted.

    That tracks the trajectory of growth in global trade, which has fallen from an average of 5 per cent in the 2000s to about 4.5 per cent in the 2010s — to less than 3 per cent in the 2020s. Investment growth has also slowed, but debt has climbed to record levels.

    The report argued that in the face of rising trade barriers, developing economies should seek to liberalise more broadly by pursuing strategic trade and investment partnerships with other economies and diversifying trade, including through regional agreements.

    Given limited government resources and rising development needs, policymakers should focus on mobilising domestic revenues, prioritising fiscal spending for the most vulnerable households, and strengthening fiscal frameworks, the report said.

    (IANS)

  • India leads global push for Ocean Conservation at UNOC3, unveils Deep-Sea Mission and plastic clean-up initiatives

    Source: Government of India

    Source: Government of India (4)

    India made a compelling case for urgent global action to protect ocean health at the Third United Nations Ocean Conference (UNOC3) in Nice, with Union Minister of Earth Sciences Dr. Jitendra Singh unveiling ambitious strides in deep-sea exploration, marine plastic clean-up, and sustainable fisheries. Representing India at the conference, co-hosted by France and Costa Rica, Dr. Singh called for a legally binding Global Plastics Treaty, swift ratification of the BBNJ Agreement, and introduced the ‘SAHAV’ digital ocean data portal, reinforcing India’s leadership in global marine governance.

    Speaking under the conference theme “Accelerating Action and Mobilizing All Actors to Conserve and Sustainably Use the Ocean,” Dr. Singh emphasized India’s commitment to Sustainable Development Goal 14: Life Below Water. He outlined India’s multi-pronged strategy to combat ocean degradation through science, innovation, and inclusive partnerships. A centerpiece of India’s efforts is the Deep Ocean Mission’s ‘Samudrayaan’ project, set to deploy the nation’s first manned submersible by 2026 to explore ocean depths up to 6,000 meters, marking a significant leap in scientific capability.

    Dr. Singh highlighted India’s progress in tackling marine pollution through the ‘Swachh Sagar, Surakshit Sagar’ campaign, which has cleaned over 1,000 km of coastline and removed more than 50,000 tonnes of plastic waste since 2022. A draft marine litter policy is in place, and India is actively supporting negotiations for a Global Plastics Treaty to establish a legally binding international framework. Additionally, India has expanded its Marine Protected Areas to cover 6.6% of its Exclusive Economic Zone, contributing to global biodiversity goals.

    The minister showcased India’s Blue Economy initiatives, driven by the Sagarmala Programme and the Pradhan Mantri Matsya Sampada Yojana (PMMSY). Over 600 port-led infrastructure projects worth $80 billion have been operationalized, while $2.5 billion in investments have modernized the fisheries sector, resulting in a 10% rise in fish production and the creation of over 1,000 fish farmer producer organizations since 2022. India has also restored over 10,000 hectares of mangroves and implemented shoreline management plans using nature-based solutions, integrating ocean-based climate actions into its Nationally Determined Contributions under the Paris Agreement.

    India’s leadership in global ocean governance was further demonstrated through its co-leadership in ‘Blue Talks’ with France and Costa Rica and its participation in high-level events, such as the India-Norway side session on Marine Spatial Planning. The launch of the ‘SAHAV’ portal at UNOC3 enhances India’s commitment to transparent, science-based ocean management.

    Urging the adoption of a robust ‘Nice Ocean Action Plan,’ Dr. Singh called for global investment in innovation, ratification of the BBNJ Agreement, and finalization of the plastics treaty. “The ocean is our shared heritage and responsibility,” he declared, affirming India’s readiness to collaborate with governments, private sectors, civil society, and indigenous communities for a sustainable ocean future. India’s proactive stance at UNOC3 signals its transformation from a coastal nation to a global leader in shaping ocean policy.

  • Don’t think it as conflict between India and Pakistan, it is India vs ‘Terroristan’: EAM Jaishankar

    Source: Government of India

    Source: Government of India (4)

    Reiterating that India will not give in to any kind of nuclear blackmail, External Affairs Minister (EAM) S. Jaishankar on Tuesday reaffirmed that the country strongly believes in zero tolerance for terrorism in all its forms and manifestations.

    “This is not a conflict between two states per se. This is actually a response to the threat and to the practice of terrorism. So, I would urge you to don’t think of it as India-Pakistan, think of it as India and ‘Terroristan’, you would then appreciate,” Jaishankar said while addressing a joint press conference with European Union High Representative and Vice-President of the European Commission Kaja Kallas in Brussels.

    Asserting that terrorism is a shared and interconnected challenge for the global community, the EAM mentioned that it is imperative that there must be strong international cooperation and understanding on the matter.

    EAM Jaishankar and Kallas were addressing the media after holding the first strategic dialogue between India and the European Union where both sides held an open and productive meeting with discussions focused on defence and security – including maritime, cyber and space.

    “Nuclear threats cannot pay off. This is a mutual concern. We see different actors in the world using it. In this global changing world, we need more partners, and therefore we are working to intensify our cooperation regarding security and defence,” Kallas stated.

    EAM Jaishankar highlighted that both sides exchanged views on global order, including the situation in Europe, the Ukraine conflict, the Middle East, the Indian subcontinent and Indo-Pacific.

    “My visit to Brussels is taking place three months after that of the EU College of Commissioners to India. Even in that time, it was apparent that the world order was in the midst of a profound change. These trends have intensified in many ways. We have entered an era of multipolarity and strategic autonomy, which are two important forces for India and the EU to forge deeper ties. Working towards that goal requires intensified cooperation in many domains,” he stated

    “There will be situations when our perspectives will not be entirely identical and which is understandable. But what is important is that we expand common ground and understanding and enhance levels of trust,” he added.

    Jaishankar also mentioned that India aims to conclude the ambitious India-EU Free Trade Agreement (FTA) by the end of the year.

    “Stabilising and de-risking the international economy today is a strategic priority for us. This has many dimensions, including more resilient and reliable supply chains as well as increasing trust and transparency in digital interactions. Creating stronger economic and technology partnerships between major players acquires greater value. It is with that perspective that we support the goal of concluding an ambitious and balanced India-EU FTA by the end of this year,” the EAM remarked.

    (IANS)

  • India’s security apparatus transformed under Modi government: Rajnath Singh

    Source: Government of India

    Source: Government of India (4)

    Defence Minister Rajnath Singh on Tuesday addressing a dialogue on “National Security & Terrorism” in Dehradun, asserted that the Indian government under Prime Minister Narendra Modi has fundamentally transformed the nation’s security approach over the past 11 years. Citing Operation Sindoor as a watershed moment, Singh described it as the biggest counter-terror operation in India’s history, conducted in retaliation to the recent terror attack in Pahalgam, Jammu & Kashmir.

    Calling the Pahalgam incident a direct assault on India’s social unity, Singh said the government responded decisively by eliminating terrorist bases in Pakistan and Pakistan-occupied Kashmir (PoK). “Post the abrogation of Article 370, Jammu & Kashmir has entered an era of peace and development. Our adversaries could not digest this progress and resorted to terrorism,” he said. The Defence Minister further added that the Udhampur-Srinagar-Baramulla railway line symbolizes this developmental push, confidently asserting, “Soon, PoK will say, ‘I too am Bharat’.”

    In a strong message to the global community, Singh urged nations to exert strategic, diplomatic, and economic pressure on Pakistan, which he labelled the “Father of Global Terrorism.” “Pakistan has become a nursery for terrorists, training and sheltering them while seeking to justify terrorism on ideological or religious grounds,” he stated. He criticized the recent United Nations Security Council decision to name Pakistan as Vice-Chair of its Counter-Terrorism Panel, describing it as “shocking and contradictory,” especially given Pakistan’s track record of harbouring terrorists like Hafiz Saeed and Masood Azhar.

    “Funding Pakistan is akin to funding terror,” Singh declared, calling for a halt to international financial aid that could be misused for nurturing terrorism.

    Highlighting the indigenous strength of India’s military, Singh noted that Made-in-India weapons and platforms were used in Operation Sindoor. “India is no longer solely dependent on foreign defence equipment,” he said, crediting the government’s focus on indigenisation. The Defence Minister revealed that India’s defence production has surged from ₹40,000 crore in 2014 to ₹1.3 lakh crore in 2024-25, with exports reaching a record ₹23,622 crore. Targets for this year have been set at ₹1.75 lakh crore in production and ₹30,000 crore in exports, with an ambitious long-term goal of ₹3 lakh crore production and ₹50,000 crore in exports by 2029.

    He also highlighted the issuance of 10 Positive Indigenisation Lists, containing over 5,500 items aimed at promoting domestic defence manufacturing.

    Singh warned of the growing threat posed by information warfare, citing Pakistan’s attempts to disrupt Indian morale through fake news and manipulated content** during Operation Sindoor. He urged citizens to become “social soldiers” by combating misinformation and being vigilant in cyberspace. “Cybersecurity is not just a government concern—it’s a national responsibility,” he said.

    He also called on the media to prioritize accuracy over speed, noting that journalism has a crucial role in national security. “In today’s age, journalism is not just a profession but a national duty,” Singh remarked, encouraging responsible and fact-based reporting.

    Rajnath Singh appealed the international community and global organisations, including the United Nations, to take terrorism seriously and act decisively. “Only when the world is free from terrorism can we truly move toward global peace, prosperity, and progress,” he said.

     

  • Israel launches first naval strike on Yemen’s Hodeidah port

    Source: Government of India

    Source: Government of India (4)

    The Israeli navy conducted its first direct naval attack on the Yemeni port city of Hodeidah, targeting docks that are a crucial entry point for humanitarian aid into the war-torn country. The Israeli military confirmed its navy missile ships carried out the strikes, asserting that the port was being utilized by Houthi rebels to transfer weapons.

    The attack, which the Houthis acknowledged via their Al-Masirah satellite news channel, reportedly struck two piers. While the Houthis confirmed the targeting of the docks, neither they nor the Israeli military reported any casualties. The action represents a significant escalation, marking the first time Israeli naval forces have directly engaged Houthi-controlled targets in Yemen during the ongoing conflict.

    Prior to the strikes, the Israeli military had issued online warnings late on Monday for Yemenis to evacuate the ports of Hodeidah, Ras Isa, and al-Salif. The attack followed what was reported as a failed missile launch from Yemen towards Israel a day earlier.

    Houthi forces have repeatedly launched drones and missiles at Israel in gestures of solidarity with Hamas during the war in the Gaza Strip. Following the naval strike, Israel’s defense minister issued a warning, stating that naval and aerial actions would continue if threats from the rebels persist and threatening a potential aerial and naval blockade. The Israeli military reiterated its claim that the seaports are used by the Houthis for military purposes.

  • EAM Jaishankar welcomes EU’s strong condemnation of Pahalgam terror attack

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister S. Jaishankar on Tuesday called on the President of the European Commission Ursula von der Leyen in Brussels, appreciating her strong condemnation of the April 22 Pahalgam terror attack and solidarity with India in fighting terrorism. Both sides acknowledged the benefits of enhancing cooperation in trade, technology, connectivity, and security to deepen the India-European Union partnership.

    “Pleased to call on European Commission President Ursula von der Leyen this morning. Welcomed her strong condemnation of terrorist attack in Pahalgam and solidarity in combatting terrorism. Discussed efforts underway to deepen the India-EU partnership. Agreed on the potential benefits of stronger cooperation in trade, technology, connectivity and security for both our regions,” the EAM posted on X after the meeting.

    Ursula von der Leyen also warmly welcomed EAM Jaishankar, highlighting a stronger partnership between the European Union and India.

    “Welcome to my friend S Jaishankar. The EU-India strategic partnership is getting stronger. We’re working on a Strategic Agenda based on growth with an ambitious Free Trade Agreement, technology and innovation and security and defence. I look forward to adopting it with Prime Minister Narendra Modi at our next Summit,” the EU chief posted on X.

    The External Affairs Minister is on an official visit to France, EU and Belgium from June 8 to 14 to further deepen India’s friendly relations and give renewed momentum to ongoing cooperation in diverse areas.

    As he left New Delhi, the Ministry of External Affairs (MEA) highlighted the India-European Union strategic partnership which has strengthened over the years across diverse sectors and got a big boost with the first-ever visit of the EU College of Commissioners to India in February this year.

    “During the visit, EAM will be holding a Strategic Dialogue with the EU High Representative and Vice President Kaja Kallas, and will engage with the senior leadership from the European Commission and the European Parliament, besides interacting with think tank and media,” read a statement issued by the MEA on the EAM’s visit.

    Last week, addressing the Italy-India Business Forum during his official visit to Italy, Union Commerce and Industry Minister Piyush Goyal reiterated India’s shared commitment to speed up the India-EU FTA.

    The European Union (EU) and its 27 member states earlier unequivocally condemned the heinous April 22 Pahalgam terrorist attack and backed India’s strong response, stating that every state has the duty and the right to lawfully protect its citizens from acts of terror. Asserting that terrorism can never be justified, the EU said that those responsible for the attack must be brought to justice.

    Earlier this year, Ursula von der Leyen, accompanied by the European Union College of Commissioners, visited India from February 27 to 28. This was the first-ever visit of the EU College of Commissioners together to India. The EU and India reinforced strategic ties during the landmark visit of the European Commission delegation to India.

    As Von der Leyen emphasised stronger EU-India ties in an increasingly complex world, stressing that both sides’ interests coincide more often than not, Prime Minister Narendra Modi and President of the European Commission also agreed to expedite the conclusion of the India-EU FTA by the end of the year.

    During the Commission’s visit, both leaders affirmed that the EU-India Strategic Partnership has delivered strong benefits for their peoples and the larger global good. They committed to raising this partnership to a higher level, building upon 20 years of India-EU Strategic Partnership and over 30 years of India-EC Cooperation Agreement.

    (IANS)

  • India’s ‘Thumbs Up’ for the Jan Man Survey on 11 Years of Modi Government

    Source: Government of India

    Source: Government of India (4)

    The Narendra Modi Government has completed eleven years in the Centre. As has been the trend in the past, the government is now going to the people to request an honest assessment of their work. The mobile app of Prime Minister Narendra Modi hosts a Jan Man Survey, which has witnessed over 500,000 participants in the 26 hours since it was published.

    Aimed at collecting public feedback on the Modi government’s performance as it completes one year of its third term, the survey reflects strong citizen engagement through its user-friendly interface on the NaMo App.

    Covering key areas like governance, economic reforms, infrastructure, and social welfare schemes, it seeks to understand public priorities and opinions on government initiatives. BJP leaders hailed the overwhelming participation as a testament to the trust in PM Narendra Modi’s leadership, emphasizing the survey’s role in fostering participatory and responsive governance.

    The NaMo App, a flagship platform for the party, facilitates this outreach with features like updates on schemes, PM Modi’s speeches, and interactive campaigns. A majority of the participants are from Uttar Pradesh (over 140,000), followed by Maharashtra and Tamil Nadu (over 60,000 responses). More than 40,000 responses were received from Gujarat. The questions encompass the achievements of the Modi Government, and also how they impact the lives of 140 Crore citizens.

    Over the past decade, India’s counter-terrorism approach has shifted from strategic restraint to proactive retaliation, emphasizing zero tolerance for terrorism.

    Key developments include the 2019 amendment to the Unlawful Activities (Prevention) Act, empowering the National Investigation Agency to designate individuals as terrorists, and high-profile operations like Balakot and Operation Sindoor, targeting terror infrastructure in Pakistan. Enhanced intelligence coordination, deradicalization efforts, and international cooperation, particularly with the U.S., have bolstered India’s multi-pronged strategy against diverse terror threats.

    Clearly, the citizens feel far more safer today than before. India’s response to terrorism has been complemented by stellar diplomacy, and the responses and sentiment of the diaspora are a testament to this achievement of the government.

    Prime Minister Narendra Modi’s welfare policies have significantly transformed rural India, uplifting millions through targeted schemes. The Pradhan Mantri Awas Yojana (PMAY) has provided over 4 crore pucca houses, ensuring dignified living for rural families, particularly empowering women as homeowners.

    The Ujjwala Yojana has delivered clean cooking fuel to 10 crore households, reducing health risks from smoke and enhancing women’s safety and convenience.

    The Jal Jeevan Mission has brought piped water to millions, improving health and reducing the burden on women fetching water. Financial inclusion via the Jan Dhan Yojana has integrated over 53 crore people into the banking system, enabling access to credit and insurance. The PM-KISAN scheme, disbursing ₹3.68 lakh crore to 11 crore farmers, has bolstered agricultural livelihoods.

    The Swachh Bharat Mission has made villages open defecation-free, improving sanitation and dignity, especially for girls. Ayushman Bharat has offered free healthcare to millions, easing financial burdens. These initiatives, coupled with rural electrification and road connectivity, have reduced poverty, with over 250 million lifted out of it, fostering vibrant, self-reliant villages and aligning with Modi’s vision of inclusive growth.

    Under Prime Minister Narendra Modi’s leadership, India’s digital infrastructure has undergone a transformative overhaul, positioning the country as a global digital powerhouse.

    The Digital India initiative, launched in 2015, has driven unprecedented connectivity and digital inclusion. The BharatNet project has connected over 2.5 lakh gram panchayats with high-speed broadband, bridging the rural-urban digital divide.

    The expansion of 4G and ongoing 5G rollout by 2025 has made India’s telecom network one of the world’s largest, with over 1.2 billion mobile subscribers.

    The Unified Payments Interface (UPI), handling over 50% of global digital transactions by volume, has revolutionized payments, empowering small businesses and rural economies. Aadhaar, linking 1.3 billion citizens, has streamlined welfare delivery, ensuring transparency and reducing leakages.

    Initiatives like DigiLocker and e-Governance platforms have digitized services, enhancing accessibility for millions. The National Digital Health Mission is creating a robust digital healthcare ecosystem. Investments in data centers and cybersecurity, alongside policies promoting digital literacy, have empowered citizens, with 80% internet penetration by 2025.

    These efforts have spurred innovation, created millions of jobs, and attracted global tech investments, aligning with Modi’s vision of a self-reliant, digitally empowered India driving inclusive growth and global competitiveness.

    The Jan Man Survey intends to capture the sentiment across the nation when it comes to this overall transformation of the country. As the government completes eleven years, people will have a lot to talk about, a lot to look back at, and a lot to look forward to. For the Modi Government, the task is cut out. Ushering in changes and reforms that take India towards the goal of a ten trillion-dollar economy.

    (Tushar Gupta is a Delhi-based journalist and a political commentator)

  • India’s space ambitions soar with historic Axiom Mission 4 and Gaganyaan Programme

    Source: Government of India

    Source: Government of India (4)

    India is poised to make history as Group Captain Shubhanshu Shukla of the Indian Air Force prepares to become the first Indian astronaut in over four decades to travel to space. Selected under the Indian Space Research Organisation’s (ISRO) Human Spaceflight Programme, Shukla will serve as Mission Pilot for Axiom Mission 4 (Ax-4) to the International Space Station (ISS), launching aboard a SpaceX Falcon 9 on June 11, 2025. This mission, reviving the legacy of Rakesh Sharma’s 1984 spaceflight, underscores India’s bold ambition to lead in global space exploration.

    Managed by Axiom Space and led by Commander Peggy Whitson of the USA, Ax-4 is a landmark collaboration involving India, Poland, and Hungary, each sending government-sponsored astronauts to the ISS for the first time. Shukla’s role highlights India’s growing prominence in the global space community, focusing on operational readiness, microgravity adaptation, and advanced scientific experiments in space biology and life support systems. His work will include pioneering studies on edible microalgae to explore their growth under microgravity and space radiation, alongside research on cyanobacteria like Spirulina and Synechococcus for self-sustaining life support systems. An ISRO-led project, Voyager Tardigrades, will investigate the resilience of tardigrades in space, aiming to uncover molecular mechanisms for surviving extreme environments. Additional experiments on crop seeds, myogenesis, STEM demonstrations, and sprouts will further bolster India’s space science expertise. These efforts, developed in partnership with ISRO, NASA, and the Department of Biotechnology, are vital for long-duration missions and align with India’s Gaganyaan Programme, targeting a crewed mission to Low Earth Orbit by 2027.

    The Gaganyaan Programme, backed by a ₹20,193 crore budget, is India’s flagship initiative for indigenous human spaceflight. It aims to develop and validate technologies for safe crewed missions, with a vision to establish the Bharatiya Antariksh Station by 2035 and achieve a crewed lunar landing by 2040. Four Indian Air Force test pilots—Group Captains PB Nair, Ajit Krishnan, Angad Pratap, and Shukla—have completed rigorous training. As of May 2025, the programme is in its final phase, with the Human-rated LVM3 vehicle, Crew Escape System, and Crew Module undergoing final testing for a planned 2027 launch. Gaganyaan is expected to drive technological innovation, industrial growth, and high-tech job creation, while inspiring future generations in STEM fields.

    India’s space programme has already achieved remarkable milestones. Between January 2015 and December 2024, ISRO launched 393 foreign satellites and three Indian customer satellites, serving 34 countries, including the USA, UK, and Singapore. In 2017, ISRO set a world record by launching 104 satellites in a single mission. The Chandrayaan-3 mission made India the first nation to land on the Moon’s southern pole, with the Pragyan rover confirming sulphur presence. The Aditya L-1 solar mission, launched in 2017, captured unprecedented solar flare data in February 2025. Upcoming initiatives like the SpaDeX mission in December 2024 will demonstrate indigenous docking technology, while ISRO’s Orbital Re-entry Vehicle will enable autonomous re-entry and landing capabilities.

    International collaborations are central to India’s space strategy. Partnerships with NASA on the NISAR mission, ESA on astronaut training and microgravity research, CNES on the TRISHNA satellite, and JAXA on lunar exploration studies highlight India’s global role. The India Space Policy 2023 and liberalized FDI norms, allowing up to 100% investment in certain space activities, have fueled private sector growth, with over 328 space startups emerging in recent years. Central Public Sector Enterprises like Antrix Corporation Limited and NewSpace India Limited, alongside IN-SPACe, are driving innovation and commercialization. The space budget has nearly tripled over the past decade, from ₹5,615 crore in 2013-14 to ₹13,416 crore in 2025-26, reflecting strong government commitment.

    India’s Space Vision 2047 outlines ambitious goals, including the Bharatiya Antariksh Station, lunar landings, and missions to Venus.

  • PM Modi highlights India’s digital connectivity revolution in last 11 years

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday highlighted government’s commitment in advancing India’s digital connectivity over the past 11 years.

    Responding to an article by Union Minister Jyotiraditya M Scindia, PM Modi said, “Our government has been constantly striving to provide world-class facilities in digital connectivity to the country. In his article, Union Minister Jyotiraditya M Scindia has explained in detail how the success achieved in this in the last 11 years is inspiring us to move forward even faster in this direction.”

    In his article, Scindia elaborated on how villages have started telling the story of digital revolution.

    Scindia said on X, “In the last 11 years, the historic decisions taken in the telecom sector and the Postal Department, under the leadership of Prime Minister Narendra Modiji, have given rise to a digital revolution, connecting not only cities, but also villages, forests and borders.”

  • Israeli gunfire kills 17 people near Gaza aid site, health officials say

    Source: Government of India

    Source: Government of India (4)

    Israeli gunfire killed at least 17 Palestinians and wounded dozens as thousands of displaced people approached an aid distribution site of a U.S.-backed humanitarian group in central Gaza on Tuesday, local health authorities said.

    Medics said the casualties were rushed at two hospitals, the Al-Awda Hospital in Nuseirat camp in central Gaza, and the Al-Quds in Gaza City, in the north.

    The Israeli military said its forces fired warning shots at “suspects who were advancing in the area of Wadi Gaza and posed a threat to the troops.” It added that it was aware of reports that several were injured, but argued numbers released by local health authorities did not align with the information they collected.

    “The warning shots were fired hundreds of meters from the aid distribution site, prior to its opening hours and toward the suspects who posed a threat to the troops,” the military added.

    Last week it warned Palestinians not to approach routes leading to sites of the U.S.-backed Gaza Humanitarian Foundation (GHF) between 6 p.m. and 6 a.m. local time, describing these roads as closed military zones.

    There was no immediate GHF comment on Tuesday’s incident.

    The GHF began distributing food packages in Gaza at the end of May, overseeing a new model of aid distribution which the United Nations says is neither impartial nor neutral.

    Many Gazans say they have to walk for hours to reach the sites, meaning they have to start travelling well before dawn if they are to stand any chance of receiving food.

    While the GHF has said there have been no incidents at its so-called secure distribution sites, Palestinians seeking aid have described disorder, and access routes to the sites have been beset by chaos and deadly violence.

    “I went there at 2 a.m. hoping to get some food, on my way there, I saw people returning empty-handed, they said aid packages have run out in five minutes, this is insane and isn’t enough,” said Mohammad Abu Amr, 40, a father of two.

    “Dozens of thousands arrive from the central areas and from the northern areas too, some of them walked for over 20 km (12 miles), only to come back home with disappointment,” he told Reuters via a chat app. He said he heard the firing but did not see what happened.

    Later on Tuesday, local health authorities said an Israeli strike on a house in Deir al-Balah in central Gaza Strip killed eight people, taking Tuesday’s death toll to at least 25.

    The Israeli military said separately, it intercepted one rocket fired from northern Gaza towards Israeli territories, which signalled Hamas and other militant group remained able to fire the weapons despite Israeli devastation of their arsenal.

    Israel allowed limited U.N.-led operations to resume on May 19 after an 11-week blockade in the enclave of 2.3 million people, where experts have warned a famine looms. The U.N. has described the aid allowed into Gaza as “drop in the ocean.”

    Witnesses said at least 40 trucks carrying flour for U.N. warehouses were looted by desperate displaced Palestinians as well as thieves near Nabulsi roundabout along the coastal road in Gaza City.

    The war erupted after Hamas-led militants took 251 hostages and killed 1,200 people, most of them civilians, in the Oct. 7, 2023, attack, Israel’s single deadliest day.

    Israel’s military campaign has since killed more than 54,000 Palestinians, most of them civilians, according to health authorities in Gaza, and flattened much of the coastal enclave.

    (Reuters)

  • Shooter kills at least nine in attack on Austrian school, mayor says

    Source: Government of India

    Source: Government of India (4)

    shooter killed at least nine people and wounded many others in an attack at a secondary school in the southern Austrian city of Graz on Tuesday, the city’s mayor said.

    Graz Mayor Elke Kahr was quoted by Austrian news agency APA as saying the attacker was also dead, and that many of the injured had been taken to hospital following the shooting, which she called a “terrible tragedy”.

    Police gave no initial toll but said “several” people were dead and they were working in the assumption there was only one attacker. APA video showed emergency workers loading a stretcher into an ambulance.

    The reports did not specify how many of the dead were pupils. Ambulances were on the scene outside the school.

    A local police spokesman said the area had been secured, the school had been evacuated and relatives of the victims and pupils were being cared for.

    “There is no further danger for the population, but there are several dead,” he told Austrian television.

    Salzburger Nachrichten newspaper cited unconfirmed reports as saying the suspect was a 22-year-old former student who carried two weapons – a pistol and a shotgun. Kronen Zeitung tabloid said a suspect had been found dead in a bathroom. Reuters could not immediately confirm this.

    UNBEARABLE

    “It’s incomprehensible and unbearable. My sympathy and grief go out to the victims and their families. No one can imagine the suffering; as a mother of three children, it breaks my heart,” Austria’s Minister for European and International Affairs Beate Meinl-Reisinger wrote on X.

    European Union foreign policy chief Kaja Kallas said on X: “Every child should feel safe at school and be able to learn free from fear and violence. My thoughts are with the victims, their families and the Austrian people in this dark moment.”

    Austria has one of the most heavily armed civilian populations in Europe, with an estimated 30 firearms per 100 persons, according to the Small Arms Survey, an independent research project.

    Machine guns and pump action guns are banned, while revolvers, pistols and semi-automatic weapons are allowed only with official authorization. Rifles and shotguns are permitted with a firearms license or a valid hunting licence, or for members of traditional shooting clubs.

    Four people were killed and 22 injured when a convicted jihadist went on a shooting spree in the centre of Vienna in 2020. In November 1997, a 36-year-old mechanic shot dead six people in the town of Mauterndorf before killing himself.

    -Reuters

  • NaMo App launches ‘Jan Man Survey’ to mark 11 years of PM Modi’s leadership

    Source: Government of India

    Source: Government of India (4)

    The Narendra Modi App (NaMo App) has launched the ‘Jan Man Survey’ to commemorate Prime Minister Narendra Modi’s 11 years in office.

    The survey has garnered significant traction, receiving over 500,000 responses from citizens across India within 26 hours of its launch.

    Announced by PM Modi via X, the Jan Man Survey allows individuals to directly share feedback and opinions with the government.

    Hosted on the NaMo App, the survey covers various topics, including national security, governance, cultural pride, and youth development.

    A significant 77% of respondents have completed the full survey, indicating high engagement and interest in contributing to the national dialogue.

    State-wise, Uttar Pradesh leads with 1,41,150 responses, followed by Maharashtra (65,775 responses), Tamil Nadu (62,580 responses), Gujarat (43,590 responses), and Haryana (29,985 responses).

    Earlier on Monday, PM Modi urged citizens to participate in the survey. In a post on X, PM Modi shared a link to the portal and said, “Your views matter the most! Take part in this survey on the NaMo App and let us know how you view India’s growth journey over the last 11 years. #11YearsOfSeva.”

    (with ANI inputs)

  • PM Modi highlights expansion of India’s sports infrastructure in last 11 years

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi on Tuesday highlighted expansion of India’s sports infrastructure in the last 11 years.

    Responding to an article written by Union Minister Mansukh Mandaviya, PM Modi shared on X, “Union Minister Shri @mansukhmandviya highlights how India’s sports infrastructure has expanded at an unprecedented scale in the last 11 years. With youth at its core, this transformation is propelling India towards becoming a global sporting powerhouse.”

    In his article, Mandaviya elaborated on how India is heading towards becoming a global sporting powerhouse.

    Mandaviya said on X, “Under the leadership of PM Narendra Modi Ji, the last 11 years have witnessed a historic transformation in India’s sporting landscape, from world-class infrastructure development to athlete-centric decision making.”

    India’s sporting landscape has witnessed transformation over the past 11 years, driven by a series of flagship initiatives introduced under the Modi government. The Ministry of Youth Affairs and Sports has been central to this progress, from developing grassroots infrastructure to nurturing Olympic medal hopefuls — ushering in a new era for Indian sports.

    Recognising sports as a powerful vehicle for empowerment and nation-building — especially in a country where nearly 65% of the population is youth — the government has raised sports ministry’s budget by 130.9%, from ₹1,643 crore in 2014–15 to ₹3,794 crore for 2025–26.

    Central to this transformation is the Khelo India programme, launched in 2016–17. With ₹1,000 crore allocated in the latest budget, it has supported the creation of over 1,000 training centres, approved 326 infrastructure projects, and nurtured nearly 2,845 athletes through coaching and financial assistance.

    India has also witnessed a remarkable surge in sporting achievements over the past 11 years, with Indian athletes delivering historic performances across major international competitions.

    At the Olympics, India went from winning just 2 medals at Rio 2016 to a record 7 medals at Tokyo 2020 and 6 at Paris 2024.

    The Paralympics marked an even more dramatic transformation. From just 4 medals in Rio 2016, India bagged 19 in Tokyo 2020 and a record-breaking 29 medals in Paris 2024, including 7 golds.

    India’s rise continued at the Asian Games, where the Hangzhou 2023 edition became historic with 107 medals from a record 655-member contingent. Similarly, at the Commonwealth Games, India consistently maintained strong performances, securing over 60 medals in each edition from 2014 to 2022.

    Indian athletes also made global headlines elsewhere—winning double gold at the 2024 FIDE Chess Olympiad, a gold in javelin at the World Athletics Championships 2023, and a historic Thomas Cup win in badminton in 2022. Shooters and para-table tennis players also delivered standout performances in global competitions.

    From village-level talent to international podiums, India’s sports ecosystem has become more inclusive, robust, and focused on performance. As the nation sets its sights on the 2036 Olympics and beyond, these efforts reflect a clear and ambitious vision: to establish India among the world’s top 10 sporting nations.

  • Indian markets end flat amid ongoing consolidation phase

    Source: Government of India

    Source: Government of India (4)

    The Indian stock market closed largely unchanged on Tuesday, reflecting a continuation of the ongoing consolidation phase. The BSE Sensex slipped 53.49 points to settle at 82,391.72, while the NSE Nifty inched up by a single point to end at 25,104.25.

    IT stocks led the gains, with the Nifty IT index rising 1.67%. Other sectoral indices that closed in the green included pharma, FMCG, metals, media, energy, and commodities. On the other hand, auto, PSU banks, financial services, realty, and infra indices registered losses.

    Among the top gainers on the Sensex were Tech Mahindra, Tata Motors, Infosys, HCL Tech, UltraTech Cement, TCS, ITC, Axis Bank, Nestle, and Adani Ports. Meanwhile, Maruti Suzuki, Asian Paints, Bajaj Finance, Tata Steel, Bajaj Finserv, ICICI Bank, and Reliance Industries ended the day in the red.

    According to analysts, the Nifty has managed to sustain levels above its previous consolidation zone on the daily chart, suggesting the uptrend remains intact.

    “This positive sentiment is likely to persist and favours long trades as long as the index stays above the key support level of 24,850. If the Nifty breaks decisively above 25,350, we may see an extended rally in the short term,” said Rupak De, Senior Technical Analyst at LKP Securities.

    Vikram Kasat, Head of Advisory at PL Capital, added that despite the current consolidation, factors such as improving liquidity, resilient corporate earnings, and continued interest from foreign portfolio investors (FPIs) are supporting market optimism.

    On the currency front, the rupee traded flat to slightly positive at around 85.67 to the dollar. Analysts said last week’s 0.50% rate cut by the Reserve Bank of India—bringing the total rate reduction to 100 basis points—has added liquidity, helping offset pressure from rising crude oil prices. The rupee is expected to remain range-bound between 85.25 and 86.00 in the near term.

    Meanwhile, gold prices hovered in a tight range between $3,315 and $3,320 per ounce and around ₹97,000 per 10 grams in the domestic market. Market participants are awaiting cues from upcoming US-China trade talks and the release of US Consumer Price Index (CPI) data later this week.

    “Any positive outcome in US-China trade discussions could push gold down towards ₹95,000, while negative commentary might drive prices higher towards ₹98,500 and $3,360 levels,” said Jateen Trivedi, VP Research Analyst at LKP Securities.

    -IANS

  • Lutnick says US-China trade talks going well on second day

    Source: Government of India

    Source: Government of India (4)

    U.S. Commerce Secretary Howard Lutnick said on Tuesday trade talks with China were going well as the two sides met for a second day in London, seeking a breakthrough on export controls that have threatened a fresh rupture between the superpowers.

    U.S. and Chinese officials are trying to get back on track after Washington accused Beijing of blocking exports of rare earth minerals that are critical to its economy, straining ties after they struck a preliminary deal in Geneva last month to step back from a full-blown trade embargo.

    White House economic adviser Kevin Hassett said on Monday that the U.S. was ready to agree to lift export controls on some semiconductors in return for China speeding up the delivery of rare earths and magnets.

    “(Talks went on) all day yesterday, and I expect (them) all day today,” Lutnick told reporters. “They’re going well, and we’re spending lots of time together.”

    Trump’s shifting tariff policies have roiled global markets, sparked congestion and confusion in major ports, and cost companies tens of billions of dollars in lost sales and higher costs.

    But markets have made up much of the losses they endured after Trump unveiled his sweeping “Liberation Day” tariffs in April, aided by the reset in Geneva between the world’s two biggest economies.

    The second round of U.S.-China talks, which followed a rare phone call between Trump and Chinese President Xi Jinping last week, comes at a crucial time for both economies.

    Customs data published on Monday showed that China’s exports to the U.S. plunged 34.5% in May, the sharpest drop since the outbreak of the COVID pandemic.

    While the impact on U.S. inflation and its jobs market has so far been muted, tariffs have hammered U.S. business and household confidence and the dollar remains under pressure.

    DISCUSSING DISAGREEMENTS

    The talks have been led by U.S. Treasury Secretary Scott Bessent, Lutnick and U.S. Trade Representative Jamieson Greer, with the Chinese contingent helmed by Vice Premier He Lifeng.

    The talks ran for almost seven hours on Monday and resumed just before 1000 GMT on Tuesday, with both sides expected to issue updates later in the day.

    The inclusion of Lutnick, whose agency oversees export controls for the U.S., is one indication of how central rare earths have become. He did not attend the Geneva talks, when the countries struck a 90-day deal to roll back some of the triple-digit tariffs they had placed on each other.

    China holds a near-monopoly on rare earth magnets, a crucial component in electric vehicle motors, and its decision in April to suspend exports of a wide range of critical minerals and magnets upended global supply chains and sparked alarm in boardrooms and factory floors around the world.

    Kelly Ann Shaw, a former White House trade adviser during Trump’s first term and now a trade partner at the Akin Gump law firm in Washington, said she expected China to reaffirm its commitment to lift retaliatory measures, including export restrictions, “plus some concessions on the U.S. side, with respect to export control measures over the past week or two”.

    But Shaw said she expected the U.S. to only agree to lift some new export curbs, not longstanding ones such as for advanced artificial intelligence chips.

    In May, the U.S. ordered a halt to shipments of semiconductor design software and chemicals and aviation equipment, revoking export licences that had been previously issued.

    (Reuters)

  • WTC final: Proteas hunt maiden crown as Australia look to defend title at Lord’s

    Source: Government of India

    Source: Government of India (4)

    Australia and South Africa will collide in the 2023–25 ICC World Test Championship final at Lord’s, starting June 11, with the defending champions aiming to retain their title and the Proteas desperate to finally shake off decades of knockout heartbreak.

    Australia, led by Pat Cummins, qualified with a 67.54% points percentage across 19 Tests. South Africa, captained by Temba Bavuma, finished top with 69.44% from just 12 matches.

    Interestingly, the two sides have not met in the current WTC cycle. The clash at the ‘Home of Cricket’ marks their first red-ball encounter in over two years and only their second Test series meeting since the 2018 ‘sandpapergate’ scandal.

    Australia Hold Edge at Lord’s

    Australia boasts a strong history at Lord’s, with 18 wins and only seven defeats in 40 Tests. The team has won three of its last five Tests at the ground, including a controversial 2023 Ashes encounter overshadowed by the Jonny Bairstow stumping.

    Veteran batter Steve Smith will return to the venue where he made his debut in 2010. Smith has scored 525 runs at an average of 58.33 at Lord’s and requires 17 more to surpass Don Bradman as Australia’s highest run-scorer at the ground.

    South Africa’s Path to Final Raises Questions

    South Africa’s route to the final included a late surge of seven consecutive wins after an indifferent start to the cycle. The streak included series victories over West Indies, Bangladesh, Sri Lanka, and Pakistan.

    Despite the impressive run, South Africa are yet to register a win over any of the top-four ranked sides during the current WTC period. Eight players in their 15-member squad have never played a Test at Lord’s.

    Australia Face Selection Dilemmas

    Australia are considering reshuffling their top order to accommodate all-rounder Cameron Green, who is returning from a back injury. Marnus Labuschagne could be promoted to open alongside Usman Khawaja, with teenager Sam Konstas likely to miss out.

    Green, who will not bowl, could be replaced in the seam department by either Josh Hazlewood or Scott Boland, with all-rounder Beau Webster also under consideration. Australia enter the final with three batters – Khawaja, Smith and Travis Head – among the top ten run-scorers in the WTC cycle.

    South Africa’s Pace Attack Key to Upset

    South Africa will rely heavily on fast bowler Kagiso Rabada, who returns after a one-month suspension. Rabada has taken 49 wickets against Australia at an average of 23.08 and boasts the best average at Lord’s among participating bowlers – 13 wickets at 19.38 from two Tests.

    He is likely to be supported by Marco Jansen, Wiaan Mulder, and one of Lungi Ngidi, Dane Paterson or Corbin Bosch. The Proteas could spring a surprise by fielding the uncapped Bosch, whose raw pace may challenge Australia’s experienced batting line-up.

    Squads:

    Australia Squad: Sam Konstas, Usman Khawaja, Marnus Labuschagne, Steven Smith, Travis Head, Beau Webster, Alex Carey(w), Pat Cummins(c), Mitchell Starc, Nathan Lyon, Scott Boland, Josh Hazlewood, Josh Inglis, Cameron Green, Matthew Kuhnemann

    South Africa Squad: Aiden Markram, Tony de Zorzi, Ryan Rickelton, Tristan Stubbs, Temba Bavuma(c), David Bedingham, Kyle Verreynne(w), Marco Jansen, Keshav Maharaj, Kagiso Rabada, Dane Paterson, Senuran Muthusamy, Wiaan Mulder, Lungi Ngidi, Corbin Bosch