President-elect Donald Trump plans to establish an External Revenue Service (ERS) on his first day in office. The ERS will target tariffs, duties, and revenues from foreign sources to alleviate domestic taxation. Major trading partners like Canada, Mexico, China, and the EU are expected to be impacted.
The US bureau of industry and security removed three Indian entities from its Entity List while adding 11 Chinese entities due to national security concerns. The removal facilitates US-India energy cooperation, while the additions highlight consequences for aiding Chinese military development.
The Commission for Air Quality Management (CAQM) has enforced Stage-IV of GRAP in Delhi-NCR due to severe pollution. Restrictions include banning construction, stone crushers, and BS-III petrol/BS-IV diesel vehicles in key areas, with exceptions for essential services and adapted vehicles for persons with disabilities.
A high-level enquiry committee set up by the Centre in November 2023 has recommended legal action against an individual regarding “activities of some organised criminal groups, terrorist organisations, drug peddlers, etc., who undermined the security interests of both India and the US”. The Centre had set up a high-level panel in November 2023 shortly after … Read more
India inducted three domestically manufactured naval vessels – two warships and a submarine – highlighting its military manufacturing capabilities and commitment to defense autonomy, countering China’s influence and Pakistan’s naval expansion. This aligns with Modi’s vision for naval improvement and domestic production. Notably, 75% of components were produced domestically.
Rich Miner, Android co-founder, has responded to Bill Gates’ comments on Microsoft’s $400 billion mobile market failure. Miner highlighted that he helped create Android to prevent Microsoft from stifiling mobile innovation, blaming Gates for the company’s failure against Android. Gates admitted Microsoft’s delay cost them immense market value.
India skipper Smriti Mandhana scored a record-breaking century in the third Women’s ODI against Ireland on Wednesday. She achieved her hundred in 70 balls, setting a new record for the fastest century by an Indian woman in ODIs. Mandhana’s knock helped India dominate the game and secure a commanding position in the series.
A suspected honour killing occurred in Gwalior where a 20-year-old girl, Tanu Gurjar, was shot dead by her father, Mahesh Gurjar, after she opposed an arranged marriage and expressed love for another man. Mahesh was arrested following the incident, with investigations ongoing.
