Amid trade tensions, US President Trump proposed a 10 per cent tariff on BRICS nations trading in non-dollar currencies. GTRI says the move overlooks the fact that US-led sanctions forced countries like India and China to adopt local currency trade. With SWIFT access blocked for some, nations turned to survival mechanism.
11 July,2025 07:15 PM IST | New Delhi | mid-day online correspondent
Trade talks between the US and China are delayed, with rare earth dominance and export curbs by China causing fresh hurdles. SBI Funds suggests the July 9 tariff deadline may be extended. While global EV and electronics sectors feel the pinch, India, Japan, and Vietnam are well-placed to secure new trade deals with the US.
11 July,2025 07:06 PM IST | New Delhi | mid-day online correspondent
Ahead of the Bihar elections, CM Nitish Kumar transferred Rs 1227.27 crore via DBT to over 1.11 crore pension beneficiaries. The pension was recently raised from Rs 400 to Rs 1,100 under key social security schemes. Beneficiaries expressed gratitude, saying the hike ensures financial independence and dignity.
11 July,2025 06:59 PM IST | Patna | mid-day online correspondent
Ukrainian President Volodymyr Zelenskyy stated, “There is no silence in Ukraine,” emphasising the pressure on cities like Kyiv, which continues to endure near-daily aerial assaults
11 July,2025 06:33 PM IST | Kyiv | mid-day online correspondentADVERTISEMENT
