Monday, September 14
Days after imposing a blanket 25% tariff on all Indian imports, US President Donald Trump signaled a sharp escalation in his trade stance against New Delhi, saying the tariff rate is likely to be raised "substantially" within the next 24 hours.“We settled on 25% for India, but I think I am going to raise that substantially within the next 24 hours," Trump revealed in an exclusive interview with CNBC on Tuesday.Trump had earlier threatened to make the move as India continues to buy Russian crude oil despite the 25% so-called "reciprocal tarifffs" from the US as well as additional "penalty" tariff for trade relations with Russia."With India, what people don’t like to say is they have the highest tariffs of anybody. We do very little business with India," Trump said. “India is not a goo
Indian corporates are building muscle to challenge bigger global rivals in the fast-growing cloud market, with offerings that store data applications and related infrastructure within the country, referred to as sovereign cloud. These homegrown firms are underlining lower costs as their biggest advantage against the foreign competitors.Bharti Airtel's Xtelify, Reliance's JioCloud for SMEs, Tata Communications' Vayu, and Yotta's Shakti are tailored for local enterprises, especially in public sector and other regulated industries. And they are aiming to take on hyperscalers Microsoft Azure, Amazon Web Services (AWS) and Google Cloud Platform, positioning themselves as affordable and secure alternatives with cost savings of 30%-50% over the global giants. Hyperscalers are large cloud provider
American universities may see international student enrollment decline by as many as 150,000 this fall, a development that could cost the US higher education sector nearly $7 billion and threaten over 60,000 jobs. This estimate comes from a new analysis by NAFSA: Association of International Educators and JB International, based on recent data from the US Student and Exchange Visitor Information System (SEVIS) and the State Department.The report attributes the expected drop to recent visa disruptions, executive orders, and scrutiny measures introduced by the Trump administration. Unless student visa issuances rebound sharply by August, the study warns of a 15% drop in total international enrollment.In the academic year 2023–24, US colleges hosted 1,126,690 international students — the
