1.US President Donald Trump has slapped an additional 25% tariff on Indian imports, bringing the total levy to 50%
1.US President Donald Trump has slapped an additional 25% tariff on Indian imports, bringing the total levy to 50%—the highest among America’s major trading partners. The White House cited India’s continued import of oil from the Russian Federation as the primary reason behind the move.
https://www.livemint.com/economy/india-now-faces-highest-us-tariff-along-with-brazil-at-50-per-cent-how-tariffs-compare-china-pakistan-trump-11754499957706.html
2.In a landmark move to deepen ties and promote tourism, India and the Philippines have announced a series of travel-friendly initiatives, including visa-free entry for Indian tourists to the Philippines and free e-visas for Filipino travellers to India. The two countries also plan to launch direct flights between Delhi and Manila, further cementing their diplomatic and economic partnership.
https://timesofindia.indiatimes.com/life-style/travel/news/indiaphilippines-travel-to-get-a-major-boost-with-visa-free-entry/articleshow/123142499.cms
3.PM likely to be in China for SCO summit, first visit in 7 years-Preparations are underway to schedule a visit by Prime Minister Narendra Modi to China where leaders of the Shanghai Cooperation Organisation will gather for the Summit in Tianjin from August 31 to September 1, sources said Wednesday.-
https://indianexpress.com/article/india/pm-modi-china-visit-sco-summit-since-galwan-10173453/
4.Ajit Doval's visit to Russia comes amid some strain in ties between India and the United States over New Delhi's continuing procurement of Russian crude oil, notwithstanding Western sanctions on Moscow.US President Donald Trump on Wednesday issued an executive order slapping an additional 25 per cent tariff on Indian goods as a penalty for New Delhi's continued purchase of Russian oil.
https://www.rediff.com/news/report/doval-travels-to-russia-as-trump-doubles-tariffs/20250807.htm
5.The Oberoi Group announces major growth: Luxury hotels in Goa, Gir, Hyderabad and Bengaluru-EIH Limited, the flagship company of The Oberoi Group, announced the addition of four new hotel projects in India, to be operated under management contracts, as part of its continued growth strategy. The announcement was made during the company’s 75th Annual General Meeting held in New Delhi.
https://www.hotelierindia.com/development/the-oberoi-group-announces-major-growth-luxury-hotels-in-goa-gir-hyderabad-and-bengaluru
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