‘Draconian tariffs’: Chris Wood sees $55-60 billion hit for India; calls it Trump’s ‘personal pique’

Chris Wood further observed that India’s ongoing Russian oil purchases have become a major point. (AI image) The Donald Trump administration’s move to impose 50% tariffs on India is ‘draconian’, according to Jefferies’ emerging markets strategist Chris Wood, who believes that the step will lead to a direct hit of $55-60 billion.According to an ET…

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GST collections hit Rs 1.86 lakh crore in August 2025; see 6.5% increase YoY – below July’s Rs 1.96 lakh crore

GST collections August 2025: The Goods and Services Tax (GST) collections reached Rs 1.86 lakh crore in August, showing a 6.5% increase compared to August of the previous year, according to official government figures released on Monday.The country’s gross GST collections amounted to Rs 1.96 lakh crore in the preceding month. The GST collections peaked…

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Jim Lovell, Apollo 13 Commander, dies at age 97: How NASA’s legendary US astronaut led his crew through one of space’s greatest rescues |

James A. Lovell Jr., the famed astronaut and commander of NASA’s Apollo 13 mission, has died at 97. Lovell passed away on August 8, 2025, in Lake Forest, Illinois, his family confirmed in a statement to NASA. Though Lovell never walked on the Moon, his leadership during Apollo 13’s near-disastrous oxygen tank explosion turned the…

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‘Much more work to be done’: US Spirit Airlines files for bankruptcy; operations to continue during process

Spirit Airlines to file for bankruptcy (Representative image) US Budget airline Spirit Airlines announced on Friday that has filed file for bankruptcy again within a year, but will maintain normal operations, ticket sales and flights.Following its initial bankruptcy filing in November, Spirit had completed a debt restructuring agreement with creditors in March, reducing its liabilities…

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Market wrap: Bears hit top 10 firms’ worth by Rs 70,325 crore; HDFC Bank, ICICI Bank among worst losers

Six of India’s ten most valued companies collectively lost Rs 70,325.5 crore in market valuation last week, led by HDFC Bank and ICICI Bank, as domestic equities slipped amid global uncertainty and investor caution.The BSE Sensex dropped by 626.01 points or 0.74 per cent during the week, weighed down by sustained foreign portfolio investor (FPI)…

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Why the US froze $339 million in UCLA research funding over alleged civil rights breaches

UCLA faces $339 million funding suspension as US cites discrimination concerns. (AP Photo) The administration of President Donald Trump has frozen $339 million in federal research grants to the University of California, Los Angeles (UCLA), citing violations of civil rights laws. This marks a rare instance in which the federal government has targeted a public…

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Viral video: Wild! KL Rahul’s father-in-law Sunil Shetty goes crazy after India beat England at The Oval | Cricket News

KL Rahul’s father-in-law Sunil Shetty goes crazy after India beat England (Agency Photos) Cricket fever on Monday gripped fans across the world after India’s sensational six-run victory over England at The Oval in the fifth and final Test of the series. But what truly stole hearts online was a viral video capturing actor Suniel Shetty,…

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Kuldeep Yadav’s simple secret against Pakistan: ‘Just a batter in front of you’ | Cricket News

Kuldeep Yadav (Image credit: TimesofIndia.com) TimesofIndia.com in DUBAI: Team India has sealed a place in the Super Four stage of the Asia Cup 2025 after recording comprehensive wins over UAE cricket team and arch-rivals Pakistan. India will now face Oman in their final group-stage match before meeting Pakistan once again on Sunday in their Super…

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