August 1, 2025

US Announces 25% Tariff on Indian Imports; Pharma Sector Exemption Expected

The US government has announced a 25% tariff on imports from India, including the pharma sector, which may face significant cost increases. Analysts predict a potential rollback for the pharmaceutical industry due to its role in maintaining affordable healthcare. Indian drug makers are closely monitoring these developments.

August 1, 2025

BMC Extends Deadline for Textile Museum Project Amid Limited Interest

BMC has extended the deadline for bids to develop a textile museum at the India United Mills site in Byculla after receiving only one response. The project aims to revive mill culture and educate the public about Mumbai's industrial heritage.

July 31, 2025

Trump Imposes 25% Tariff on Indian Goods Amid Ukraine Tensions

President Trump has announced a 25% tariff on goods from India, adding penalties related to the country’s purchases from Russia. This announcement highlights ongoing trade tensions as the U.S. pushes for global trade agreements ahead of an August 1 deadline.

July 31, 2025

Europe's Economy Struggles Amidst Tariff Risks

Europe's economy grew by just 0.1% in Q2, following a 0.6% rise in Q1. U.S. tariffs pose challenges, particularly for Germany, which saw a 0.1% decline in GDP. Experts predict continued economic struggles for the region moving forward.

July 31, 2025

Luis Diaz Joins Bayern Munich from Liverpool in €75 Million Deal

Luis Diaz has transferred from Liverpool to Bayern Munich for up to €75 million. The Colombian winger has signed a contract until 2029 and aims to win titles with his new club. This fee is the third highest in Bayern's history, marking a significant acquisition for the Bundesliga champions.