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National / The Economic Times

What made Donald Trump impose 50% tariffs on EU? Here are the reasons why Europe needs to act quickly

Donald Trump plans to impose a 50% tariff on EU imports from June 1. This follows US frustration with EU trade proposals. Treasury Secretary Scott Bessent says EU proposals are not good. He notes progress with India and Asian nations. Bessent mentions some EU countries are unaware of Brussels proposals.

23 May 2025 9:58 pm
After another indecent outfit, Kanye West and Bianca Censori admitted to a rehab clinic in Spain, here're all details

Kanye West and Bianca Censori are now at a luxury rehab in Mallorca, Spain. This follows public attention and fashion choices. They checked into The Balance Rehab Clinic. It is a high-end wellness retreat. Before this, they shopped in Palma. They even visited an erotic store. The reason for their visit is unclear.

23 May 2025 9:34 pm
New Bharat dawns with a resurgent Northeast: Union minister Sarbananda Sonowal

Union Minister Sarbananda Sonowal urged global investors to tap into Northeast India's growth potential, highlighting its transformation into a gateway to Southeast Asia. Assam Minister Bimal Borah projected a significant GSDP surge by 2030, driven by infrastructure investments and strategic location, inviting investors to capitalize on the region's diverse opportunities in sectors like logistics, manufacturing and exports.

23 May 2025 9:29 pm
Foreign Secretary Vikram Misri briefs 4 multi-party delegations travelling abroad to convey India's message on terror

Foreign Secretary Vikram Misri briefed four multi-party delegations, led by figures like Shashi Tharoor and Ravi Shankar Prasad, before their trips to various world capitals. These delegations aim to convey India's firm stance of zero tolerance against terrorism originating from Pakistan. Previously, other delegations have already delivered this message to leaders in the UAE, Japan, and Russia.

23 May 2025 9:27 pm
PM Modi to chair the 10th Governing Council meeting on Saturday

According to a statement issued by the Aayog, the meeting will provide a platform to the centre and states and union territories to deliberate on development challenges facing the nation and building consensus on how states can be the building blocks for making India a developed nation under an overarching theme of Viksit Rajya for Viksit Bharat @2047.

23 May 2025 9:04 pm
125,000 salary for...: Diddys ex-staffer reveals bizarre and disturbing job duties in court

George Kaplan, Sean Combs' former assistant, testified in the ongoing sex trafficking trial, detailing his involvement in organizing drug-fueled sexual gatherings. Kaplan claimed he booked hotel rooms under an alias and procured supplies for these events. He resigned after witnessing Combs allegedly assault Cassie Ventura and another woman, citing grueling hours and unsettling experiences.

23 May 2025 9:01 pm
Bitcoin tumbles from all-time highs! Is Trumps EU tariff war about to trigger a full-blown crypto collapse for Ethereum, Solana, and XRP too?

Bitcoin price crash shook the crypto market after Donald Trump announced a 50% tariff on EU imports, sparking a rapid sell-off. The unexpected policy move dragged Bitcoin below $109,000, wiping recent gains and triggering investor panic. As the market reacts, traders are closely watching key support and resistance levels around $107K and $110K. With Trumps trade tensions rising and volatility back, what comes next for crypto? Is this a short dip or the start of something bigger? This detailed br

23 May 2025 8:54 pm
Recent conflict with Pakistan will not have any adverse effect on Indias economy: BJP

The Bharatiya Janata Party says the recent conflict with Pakistan and Operation Sindoor will not hurt India's economy. BJP spokesperson Gopal Krishna Agarwal highlights India's strong economic indicators. He mentions new trade agreements with the UK and upcoming deals with the EU and USA. Agarwal emphasizes India's robust defense capabilities. He assures that the government is managing the situation strategically.

23 May 2025 8:53 pm
Arunachal villagers sign landmark MoU to kickstart Siang Upper Multipurpose Project

The Pangkang villagers and Arunachal Pradesh government signed an MoU to start a feasibility report for the Siang Upper Multipurpose Project (SUMP). The project aims to benefit the local community, strategically counter Chinese hydropower projects, and ensure environmental resilience. A development package of Rs 5 crore will be rolled out for infrastructure, health, and livelihood programs.

23 May 2025 8:50 pm
Blow to Trump: 10 points on rare earth minerals deal Greenland has signed with Europe

Greenland has granted a 30-year mining license to a Danish-French consortium for anorthosite extraction, a key mineral in aluminum production. This move comes despite ongoing US interest in Greenland's resources, highlighted by Trump's past acquisition proposals. While US business delegates visited, formal dialogue and investments have not materialized, contrasting with smoother collaborations with the EU and Denmark.

23 May 2025 8:41 pm
While Haileys staying quiet, Justin Biebers surprise outing with troubled ex-child star fuels marriage rumors

Justin Bieber is again in news. His recent Instagram post and public appearance with Kyle Massey are being discussed. This has led to speculation about his marriage with Hailey Bieber. Hailey has denied any separation rumours. Justin and Kyle have a past connection.

23 May 2025 8:40 pm
What the Cessna 550 pilot said moments before the fatal crash in San Diego

A small business jet crashed into a San Diego residential area before dawn, killing several people and destroying a home. The pilot, aware of the poor visibility and low cloud ceiling, decided to proceed with the landing despite the conditions.

23 May 2025 8:35 pm
Memorial Day Weekend 2025: Parades, family events, and free activities in the US to enjoy with family

In the United States, Memorial Day marks the unofficial beginning of summer. Observed on the last Monday of May, this federal holiday honors the men and women who lost their lives while serving in the military.

23 May 2025 8:31 pm
'Find ways to defuse it before it's too late': Pakistan politician tells Sharif govt on IWT suspension

Following India's suspension of the Indus Waters Treaty after a terror attack, Pakistani opposition leader Senator Ali Zafar cautioned about potential famine. He emphasised the Indus River's critical role for Pakistan, warning that impeding water flow could be viewed as an act of aggression under international law. The senator urged dialogue to avert a water crisis.

23 May 2025 8:26 pm
If Japan dumps U.S. debt, Trump could face a treasury market meltdown that sends yields surging sky-high

Japan's bond market is facing turmoil after Prime Minister Ishiba's warning about the nation's finances, triggering a significant sell-off and raising concerns globally. The situation is particularly alarming for the United States, which is also burdened with substantial debt and witnessing weakening demand for its own Treasury bonds.

23 May 2025 8:25 pm
Indian Army launches first FM radio station in Uttarakhand

The Indian Army has launched its first FM radio station, 'Panchshul Pulse,' in Pithoragarh, Uttarakhand, under 'Operation Sadbhavana.' Inaugurated by GOC Anindya Sengupta, the station aims to foster goodwill between the army and border communities. Broadcasting on 88.4 FM within a 12 km radius, the station will highlight local culture, history, and achievements of local heroes.

23 May 2025 8:21 pm
West supported military regime in Pakistan: Jaishankar

External Affairs Minister S Jaishankar criticized the West for historically supporting military dictatorships in Pakistan, hindering democracy. He highlighted terrorism as a major global challenge alongside climate change and poverty. Jaishankar also noted that India and Pakistan's ceasefire agreement was directly negotiated between their militaries, following strong Indian action against Pakistani military bases.

23 May 2025 8:02 pm
Can India press Pakistan's key pain point again?

India aims to get Pakistan back on the FATF grey list. This follows Operation Sindoor and Pakistan's request for a ceasefire. Being on the grey list could hurt Pakistan's access to financial aid. India previously succeeded in placing Pakistan on the list in 2018. This was through strategic diplomacy and international cooperation.

23 May 2025 8:01 pm
How much will Apple iPhones cost in the U.S if Donald Trump imposes 25% tariffs; here's the breakdown

Donald Trump has threatened Apple with a 25% tariff on iPhones not manufactured in the United States, expressing his desire for domestic production. This comes as Apple shifts manufacturing to India amidst the US-China trade tensions.

23 May 2025 8:00 pm
When a massive 443 ft cargo ship crashed into Norwegian mans garden, missing his bedroom by just few meters

A cargo ship ran aground in Norway. The incident happened near Trondheim. The ship crashed into a garden. It missed a house by a few metres. The homeowner was surprised. No one was injured in the accident. Police are investigating the cause. The ship had a similar incident last year. The shipping director called it a serious event.

23 May 2025 7:59 pm
Odisha plans to install anti-drone system at Jagannath temple in Puri

The Odisha government is considering installing an anti-drone system at Shree Jagannath Temple in Puri. This move aims to enhance security against unauthorized drones. The temple administration will fund the system. This decision follows reports of drone usage for capturing images and videos, despite existing bans. Police are investigating a YouTuber for allegedly flying a drone over the temple.

23 May 2025 7:58 pm
Taylor Swift reportedly regrets ever meeting Blake Lively as Baldoni drama threatens to tarnish her image

Taylor Swift is reportedly ending her friendship with Blake Lively. This decision follows Lively's legal issues with Justin Baldoni. Swift feels the drama jeopardises her image and mental health. Sources say Swift and Travis Kelce are distancing themselves from Lively and Ryan Reynolds.

23 May 2025 7:56 pm
BRICS trade ministers' meet: India calls for dismantling export controls among members

India has requested BRICS countries to remove export restrictions to promote commerce. Yashvir Singh represented India at the BRICS trade ministers' meeting in Brazil. India will assume the BRICS Presidency in 2026. India proposed '30 for 30' to mark WTO's 30th anniversary. India has asked developed nations to ensure concessional transfer of Environmentally Sound Technologies.

23 May 2025 7:55 pm
Pakistan Army using Pashtun areas like laboratory, says Pashtun activist; Expresses full support for Indias Operation Sindoor

Fazal ur Rehman Afridi, a PTM activist, has condemned a Pakistan Army drone strike in North Waziristan that killed four children and their mother, alleging the army uses Pashtun areas as weapon testing grounds. Afridi claims the army harbors Taliban, using them as a pretext for attacks to seize Pashtun natural resources.

23 May 2025 7:54 pm
Assam: Duliajan comes to a complete halt as student bodies, civil organisations call for bandh

Duliajan in Assam faced a bandh called by student bodies. They protested against the desecration of Gopinath Bardoloi's statue and the arrest of a student leader. In Manipur, a shutdown by the COCOMI disrupted life in several districts. The protest was against the removal of the state's name from a government bus.

23 May 2025 7:46 pm
Vedanta Group to invest Rs 80,000 crore in Northeast India for growth and development

Vedanta Group plans to invest Rs 80,000 crores in Northeast India. The investment will focus on oil, gas, minerals, and renewable energy. Six Northeastern states will benefit from this initiative. Vedanta aims to create one lakh jobs. The company will also expand social programs for women and children. Anil Agarwal highlights the region's growth potential.

23 May 2025 7:44 pm
Delhi govt issues Covid advisory, orders hospitals to ensure beds, oxygen & vaccine stock

The Delhi government has issued a Covid advisory instructing hospitals to ensure availability of beds, oxygen, essential medicines, and vaccines. The advisory follows a rise in Covid cases across several states. Hospitals have been directed to send all positive samples for genome sequencing to Lok Nayak Hospital and ensure that all critical equipment, including ventilators and oxygen concentrators, are functional.

23 May 2025 7:44 pm
Ted Lasso Season 4: Hannah Waddingham teases major update | Release window & filming timeline revealed

Ted Lasso is returning for Season 4 on Apple TV+. Star Hannah Waddingham, who plays Rebecca Welton, has confirmed when filming will begin, sparking excitement among fans of the hit comedy series.

23 May 2025 7:37 pm
Trump presented fake photo to Ramaphosa in bid to support controversial white genocide theory in South Africa

Trump showed a wrong photo to South Africas President Ramaphosa to support a false claim that White people are being killed in South Africa. This caused shock and confusion during the meeting.

23 May 2025 7:32 pm
India will deal with Pakistan purely bilaterally, there should be no confusion in any quarter in that regard: S Jaishankar

External Affairs Minister S Jaishankar affirmed in Germany that India will engage with Pakistan solely through bilateral channels, emphasizing India's zero-tolerance stance on terrorism. He asserted that India will not succumb to nuclear coercion. Jaishankar also conveyed that Germany understands a nation's right to defend itself against terrorism, during his three-nation tour.

23 May 2025 7:30 pm
RBI for simpler KYC updation process simpler, no more re-submitting documents for minor changes

The Reserve Bank of India (RBI) has simplified KYC (Know Your Customer) rules for both new customer onboarding and updating of identification documents. Customers can now submit a self-declaration stating o change or only an address update to fulfil KYC requirements.

23 May 2025 7:24 pm
Mysore Pak renamed Mysore Shree: Jaipur confectioners drop Pak from sweet names to express patriotism; See the new names

In a wave of patriotic fervor, Jaipur sweet shops are renaming sweets that traditionally end with 'Pak' to 'Shree' following recent terror attacks and India's response. This symbolic gesture, embraced by establishments like Tyohaar Sweets and Bombay Misthan Bhandar, aims to instill national pride and send a strong message of unity.

23 May 2025 7:21 pm
Have donated money to National Herald: Karnataka Dy CM DK Shivakumar

Karnataka Deputy Chief Minister D K Shivakumar confirmed donating to the Congress-run National Herald newspaper. He and his brother D K Suresh each donated Rs 25 lakh. Shivakumar asserted the donations were transparent and from their income. Suresh stated they donated between Rs two crore to Rs 2.5 crore to the Young India Trust.

23 May 2025 6:51 pm
Who was Uche Ojeh, husband of Today show co-host Sheinelle Jones, who passed away at 45? How did he die?

The Today show family is mourning the loss of Uche Ojeh, husband of co-host Sheinelle Jones, who passed away at 45 after a battle with glioblastoma. His death was announced on air, with colleagues sharing heartfelt tributes to his character and devotion to his family.

23 May 2025 6:50 pm
Canadians buying food face the prospect of credit card bill eating them up

Canadians are increasingly relying on credit cards to afford groceries as food prices continue to rise, exacerbating household debt. Despite overall inflation easing, food inflation remains high, driven by factors like the US-Canada tariff battle. Vulnerable populations are disproportionately affected, leading to increased food bank usage, prompting calls for government and industry action to address the crisis.

23 May 2025 6:43 pm
Will U.S deport 10,000 foreign students after Donald Trump's Harvard ban? Here's what you should know

Harvard can't take new foreign students right now. The US government gave the university 72 hours to share some student records. If it doesn't, thousands of students, including many Indians, may have to leave.

23 May 2025 6:43 pm
Thanks, Brexit: UK counts its fortunes as Trump slaps 50% tariff on EU

Donald Trump plans to impose a 50% tariff on European Union exports to America. This action is scheduled to start on June 1, 2025. The United Kingdom is reacting positively. Many feel Brexit is shielding their economy from these tariffs. A new trade understanding between the UK and US includes reduced barriers.

23 May 2025 6:42 pm
Greenland dumps Donald Trump, signs lucrative minerals deal with Europe in a major blow to the president

Greenland has granted a 30-year mining permit to a Danish-French consortium, Greenland Anorthosite Mining (GAM), for anorthosite extraction, a key component in fiberglass production. This move effectively sidelines US President Donald Trump's ambitions to acquire a strategic foothold in the Arctic.

23 May 2025 6:39 pm
Today show co-host Sheinelle Jones husband Uche Ojeh dies after aggressive cancer battle

Uche Ojeh, husband of 'Today' show co-host Sheinelle Jones, has passed away at 45 after battling glioblastoma. The news was shared on air, highlighting Ojeh's deep love for his three children and his strong bond with Jones, which began at Northwestern University. Colleagues remember him as a devoted father and a man of faith, proud of his Nigerian heritage.

23 May 2025 6:35 pm
Will Nvidia become victim in USA vs China AI war?

AI or Artificial Intelligence race between world's top two largest economies are getting interesting and Nvidia has become cynosure of all eyes.

23 May 2025 6:33 pm
Bangladesh minister says Yunus 'not going to step down'

Bangladesh's Muhammad Yunus eeds to remain in office as interim leader to ensure a peaceful transition of power, a cabinet member and special adviser to Yunus said Friday. For the sake of Bangladesh and a peaceful democratic transition, Professor Yunus needs to remain in office, Faiz Ahmad Taiyeb, a special assistant to Yunus, and head of the Ministry of Posts, Telecommunications and Information Technology, said in a post on Facebook.

23 May 2025 6:31 pm
Pakistan extends airspace closure for all Indian operators until June 24

Pakistan has extended the ban on its airspace for Indian aircraft until June 24, following heightened tensions between the two countries after India's strikes on terror infrastructure in response to the Pahalgam attack. This restriction, a recurring measure during conflicts, was recently highlighted when Lahore ATC denied an IndiGo flight's request to avoid turbulence by briefly entering Pakistani airspace.

23 May 2025 6:29 pm
Centre to consider Bangalore Metro Phase-2, 3A proposals: Union Minister Manohar Lal Khattar

Union Minister Manohar Lal Khattar announced the Centre's consideration of Bangalore Metro Phase-2 and 3A proposals pending state government approval. He urged Karnataka to prioritize legacy waste management and leverage the SSASCI scheme for urban reforms. The Centre is set to review the revised cost of Phase-2 and examine Phase-3A's cost estimate before sanctioning the project.

23 May 2025 5:52 pm
Army Chief Gen Upendra Dwivedi presents Badge of Sacrifice, Certificate of Honour to next of kin of fallen heroes

General Upendra Dwivedi gave awards to families of army personnel who died in service. The Badge of Sacrifice and Certificate of Honour were presented at Manekshaw Centre. These awards recognized officers and soldiers killed in action. The Badge is gold-plated with the soldier's details. The Certificate is on gold foil.

23 May 2025 5:50 pm
Internal audit flags Rs 709 crore irregularities in Jal Shakti ministry schemes

An audit reveals financial issues in the Jal Shakti ministry. The audit for 2023-24 finds irregularities of over Rs 709 crore. Blocked funds and unauthorized spending are noted. Atal Bhujal Yojana and SBM-G are impacted. Irregularities include idle machinery and procurement violations. The audit also cites staff shortages as a challenge.

23 May 2025 5:46 pm