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President Trump announced that new import tariffs will take effect October 1, including 25% on heavy trucks, 30% on upholstered furniture, 50% on kitchen cabinets and bathroom vanities, and up to 100% on branded pharmaceuticals—unless manufacturers invest in U.S. facilities. The move aims to boost domestic production and address foreign…
India has retired its last MiG-21 fighter squadrons after over 60 years of use. The Soviet-designed jet served in every conflict since 1965 but became notorious for accidents in recent decades. The Indian Air Force now has 29 fighter units, short of its sanctioned strength.
Finland’s President Alexander Stubb called India an emerging superpower, distinct from Russia and China. He encouraged Western nations to deepen cooperation with India in global security, technology, and trade, emphasizing India’s role in resolving conflicts like Ukraine and supporting innovation through initiatives such as the AI Impact Summit.
During the UN General Assembly in New York, President Trump reacted strongly to an escalator-related incident, labeling it “sinister.” The event occurred just before Ukraine’s President Zelenskyy was scheduled to speak amid new US remarks suggesting Ukraine could recover its territory. The political climate remains tense.
Under India’s PM Narendra Modi, Make in India has redefined growth. Once import-dependent, India now exports electronics, semiconductors, pharma, defence, and renewable energy. With record FDI inflows, major infrastructure upgrades, and bold reforms, India is fast emerging as a global manufacturing hub driving future economic strength.
