Earthquake of magnitude 3.9 hit the Pratapgarh region of Rajasthan on Thursday morning, as reported by National Center for Seismology (NCS).The earthquake occured at 10:07:02 IST on Thursday."Earthquake of Magnitude: 3.9, On: 07/08/2025 10:07:02 IST, Lat: 24.09 N, Long: 74.88 E, Depth: 10 Km, Location: Pratapgarh, Rajasthan," tweeted NCS.— NCS_Earthquake (@NCS_Earthquake) Further details are awaited.Earlier in the morning, the authority also reported that an earthquake of magnitude 4.3 hit Afghanistan at 04:58:28 IST.
"Foreign investors have been avoiding export-oriented sectors due to the uncertainty around tariffs. As a result, sectors like pharma and IT have already seen price corrections. So, if you're a risk taker, you can argue that India is not without tools to respond to tariffs," says Sunil Subramaniam, Market Expert. How does an investor—or how do our viewers—navigate the uncertainty that comes with the recent developments? We are now seeing an additional tariff overhang of 250% on pharma, and there are also threats of broader tariffs on India as a whole. How should our viewers deal with these uncertainties in the current market?Sunil Subramaniam: First, as a viewer, you need to assess your own risk profile. What is your ability to handle volatility, which is inevitable in these times—th
"It's still early days. As we all know, Trump is a tough negotiator, and we must recognize that these are not final decisions—these are just the opening moves. I hear a lot of commentary from people taking extreme positions on either side, but I personally believe this is an opportunity for high-level negotiations to resolve the matter," says Rajeev Agrawal, DoorDarshi India Fund.Given that former President Trump had been hinting at additional levies for some time, and now we’re seeing action on that front, do you believe these developments are part of a broader geopolitical strategy rather than just a trade dispute? And how should India view these initial moves—are they threats or openings for strategic negotiation, especially considering the strong democratic and economic alignment
White House Trade Adviser Peter Navarro has criticised India's trade practices, calling the country the “maharaja of tariffs” while defending the US administration’s decision to impose steep import duties on Indian goods.India has responded strongly to the US tariff move, calling the measures “unfair, unjustified and unreasonable.” Prime Minister Narendra Modi, too, on Thursday said that India will not compromise on interests of its dairy and farm sector. The additional 25% import duty announced by the US, effective August 27, takes the total tariff on Indian goods entering American markets to 50%. “You start with the fact that India is the maharaja of tariffs. It’s the highest tariffs in the world, charging on American products, and it’s got high non-tariff barriers, so w
Prime Minister Narendra Modi will be the chief guest and keynote speaker at The Economic Times World Leaders Forum in New Delhi on Saturday, August 23.The second edition of ET’s marquee conference will gather a glittering galaxy of investors, policymakers, business leaders and entrepreneurs at the forefront of innovation from India and across the globe to deliberate on this year’s theme—The Next Global Order: Power, Purpose, Partnership.Curtains rise on the August 22-23 conclave against the backdrop of a world in flux—from geopolitical conflict and AIled disruption to a wave of advanced industrial technologies and the withering havoc wreaked by US tariffs on the world’s supply chains.The Indian economy has been remarkably resilient through this turmoil, staying firmly on its risi