US President Donald Trump warned Novartis to cut drug prices within 60 days or face federal action. He demanded Most Favored Nation pricing for Medicaid and new drugs, and urged profit returns to American patients. Trump said delays could lead to contract termination and Justice Department action.
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Israel launched major air strikes across Lebanon, targeting Hezbollah missile sites, in violation of a ceasefire. Lebanon's president urged Hezbollah to disarm and proposed a peace plan, while Hezbollah rejected surrender. Tensions remain high as both sides trade blame and continue military actions despite international pressure.
US Secretary of State Marco Rubio criticized India's Russian oil imports, calling them a 'point of irritation' that funds the Ukraine war. He defended past investigations clearing Trump of collusion, warned against recognizing Palestine, and stressed strategic balance with China amid global tensions.
Bangladesh secured a 20% U.S. tariff rate, protecting its apparel exports after complex talks. The deal avoided a 35% tariff and included commitments to buy U.S. goods, boosting trade ties while preserving Bangladesh's competitiveness and national interests.
Bangladesh secures 20 percent tariff rate after final talks with US, Yunus says 'diplomatic victory'
Bangladesh secured a 20% U.S. tariff rate, protecting its key apparel sector after complex talks. The deal includes buying U.S. goods like wheat and planes, avoiding a 35% tariff. Officials say it boosts Bangladesh's trade ties, economic strength, and access to the U.S. market.
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35% duty on many goods from Canada, 50% for Brazil, 39% for Switzerland
An Islamabad anti-terrorism court has issued arrest warrants for 50 PTI leaders, including Arif Alvi and Imran Khan's sister Aleema Khan, for skipping hearings related to the November 26, 2024, protests. A Rawalpindi court earlier issued similar warrants for top party figures, including Bushra Bibi.
UN experts told the Security Council that ISIS-K poses the most serious threat to the US, Europe, and regional stability, warning of its growing online recruitment and global reach. They linked recent terror plots to ISIS propaganda and cautioned about Afghanistan becoming a terrorist hub again.
While August 1 was the tariff deadline, the new levies will come into effect from August 7
#CanadaCalling: In an unexpected turn of events, India currently holds a temporary advantage over Canada in the intensifying trade tariff battle with the United States
US President Donald Trump signed a new executive order adjusting tariff rates on several countries to address trade deficits, citing national security concerns. It replaces earlier rates, imposes penalties for transshipment, and will be enforced by trade and customs officials starting seven days after issuance.
American diplomat and the President of the US-India Business Council, Atul Keshap, spoke on the decision by the United States to impose 25 per cent tariffs on India and said that the two countries should calmly forge a deal which benefits them both.
Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, today witnessed a series of displays that showcased the skills of the 22nd cohort of the National Service Programme for 2024-2025.
The World Health Organisation (WHO) has warned that Gaza is facing the most severe stage of famine according to the Integrated Food Security Phase Classification, with thousands at risk of dying from hunger.
The Horizon Senior Division at Israel's Ministry of Innovation, Science and Technology presented Israel's advanced technological capabilities for identifying future trends and mapping emerging technologies at the Expo 2025 Osaka: the national mechanism 'Horizon' for scanning global trends and mapping emerging technologies, which is the first of its kind in the world that makes extensive use of big data analysis and artificial intelligence, and constitutes a leap forward in Israel's preparation for the technological future.
In the first half of 2025, the Russian real estate market saw a redistribution of investment flows. The share of commercial real estate increased by 11 percentage points compared to the same period last year, reaching 78 per cent of the total investment in real estate. At the same time, investments in residential development decreased from 33 per cent to 22 per cent. This conclusion follows from the research data of the consulting company CORE.XP, which was reviewed by Izvestia on July 31.
India's Ambassador to the United States, Vinay Kwatra, on Thursday announced the opening of eight new Indian Consular Application Centres across the United States, aimed at expanding access to consular services for the Indian diaspora.
The Principal Deputy Spokesperson of the US Department of State, Tommy Pigott highlighted the priority of the US administration when it comes to the issue of Israel, where he stated that the focus is on ending the conflict, ensuring the release of hostages and getting in as much food as possible into Gaza without it being 'looted by Hamas'.
The White House Press Secretary announced on Thursday (local time) several updates on the front of trade and tariff under the Trump 2.0 administration, highlighting a 'historic' trade agreement with the European Union (EU), which amongst several other factors would see the EU purchasing USD750 billion in US energy and also informed of negotiating trade deals with18 major trading partners.
Speaking about the remarks during the White House Press briefing, Karoline Leavitt said, 'Mexico is a very unique situation... because we share our southern border. We've seen an increase in cooperation between Mexico's President, Claudia Sheinbaum, and our administration on clamping down on drug trafficking and human trafficking at the southern border. We appreciate those efforts and will continue to work in good faith and continue to have these trade discussions'.
White House Press Secretary Karoline Leavitt claimed on Thursday (local time) that US President Donald Trump has brokered several peace deals and ceasefires in several conflict zones across the world. Saying that the peace deals, which average to one per month, Leavitt reiterated the call for the Nobel Peace Prize to be awarded to the US President.
He said Panama's diplomatic closeness with India partly stems from shared views on global security and peace. He also noted that Panamanian leaders had discussed this matter with Indian parliamentarians during recent visits.
In a joint statement released by the US Department of State on Thursday (local time), the governments said they are 'united in opposition' to Iran's operations overseas, which reportedly include assassination plots, abductions, and coordinated harassment campaigns.
The White House announced on Thursday (local time) that it will begin construction of a large event space christened as the White House State Ballroom which will be an addition of approximately 90,000 total square feet of innately designed space, with a seated capacity of 650 people--a significant increase from the 200-person seated capacity in the East Room of the White House.
Maruti Suzuki's consolidated net profit slightly increased to Rs 3,792 crore in the first quarter. India is now the third-largest solar energy generator globally, surpassing Japan.
‘Indian economy most dynamic in world’
Starting Friday, UPI users face changes implemented by NPCI impacting apps like PhonePe, Google Pay, and Paytm. Users can check bank balances only 50 times daily per app. However, balance displays after each transaction might mitigate this.
The Income Tax Department surveyed broking companies as part of a tax evasion probe related to Jane Street. This follows a SEBI investigation that found Jane Street guilty of market manipulation and illegally profiting over Rs 36,671 crore. SEBI has barred them from the market.
India's fiscal deficit reached 17.9% of its annual target by June, totaling Rs 2,80,732 crore. Tax revenue was 19% of the budget estimate. The rupee recovered to 87.66 against the USD after a sharp fall due to Trump's tariffs and sanctions.
A 30-year-old British Sikh man, Gurmuk Singh (Gary), was fatally stabbed in Ilford, East London. A 27-year-old man is charged with murder, and four others are on bail. The attack is believed to be isolated and involved people known to each other.
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