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Trump imposes 10% tariff on nearly all countries, calls it ‘economic independence’
President Trump declared a national emergency to implement new tariffs, aiming to protect the American economy and boost domestic production. The new framework raises baseline duties on nearly all imports, with more significant tariffs on key allies. This policy is expected to revert the U.S. to an era of high tariff-based revenue.
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In Nepal’s classrooms, youngsters wonder if republic has delivered
The 2001 Nepalese royal massacre resulted in the monarchy’s end and a republic with frequent leadership changes. Rising disillusionment among the youth has led to a resurgence of pro-monarchy sentiments, driven by political instability and a lack of direction. Many students are calling for reliable governance.
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PM Modi, Muhammad Yunus may meet in Thailand, says Dhaka
PM Narendra Modi and Bangladesh’s Muhammad Yunus will discuss various issues during the BIMSTEC summit in Thailand on April 3-4. This will be their first meeting since Yunus became chief adviser. While Dhaka has requested the meeting, New Delhi is still considering it. Modi will also engage in diplomatic discussions with other heads of state…
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Trump tariff: Officials set for all-nighter to assess impact
Several officers in the commerce department in India are gearing up to assess the impact of US President Donald Trump’s reciprocal tariffs on Indian exporters and businesses. A war room has been set up for this purpose, amid concerns about potential dents on margins and bargaining power shifts.
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NCAER chief Poonam Gupta named RBI DG
Poonam Gupta has been appointed as the fourth woman deputy governor of the Reserve Bank of India, filling a post vacant for over two months. Gupta, an esteemed economist and currently director general of NCAER, will serve a three-year term and has previously contributed to various economic advisory councils.
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Government auditor Ramann is new pension regulator
Sivasubramanian Ramann has been appointed as the new chairman of the Pension Fund Regulatory & Development Authority of India (PFRDA). He will succeed Deepak Mohanty, who completes his term in May 2025. Ramann’s appointment comes as the government focuses on enhancing pension schemes, particularly for the unorganised sector.