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President Donald Trump warned China that it must supply rare earth magnets.

 1.US President Donald Trump warned Beijing on Monday that it must supply rare earth magnets or face tariffs as high as 200 per cent, even as he hinted at a possible visit to China later this year."They have to give us magnets," he said, referencing China’s role as the leading producer of rare earth elements critical for magnets used in industries ranging from automotive to defence.

https://www.indiatoday.in/world/story/trump-signals-china-threatens-beijing-200-tariff-over-magnets-glbs-2776698-2025-08-26

2.Ukrainian President Volodymyr Zelenskyy has said he appreciated India's commitment to peace and dialogue at a time when the entire world is working to end the "horrible" Russia-Ukraine and that he is counting on New Delhi's contribution towards it.The remarks came in Zelenskyy's response to Prime Minister Narendra Modi's letter, extending wishes on the Ukrainian Independence Day.

https://www.indiatvnews.com/news/world/we-count-on-india-s-contribution-in-ending-the-war-zelenskyy-s-message-to-pm-modi-2025-08-26-1005165

3.Prime Minister Narendra Modi on Monday invoked the spirit of self-reliance, urging citizens and businesses to support Indian-made goods. Addressing a gathering after inaugurating multiple development projects in Ahmedabad, the PM said, “All of us should follow the mantra of buying only 'Made in India' goods." He added that businessmen should keep a big board outside their establishments, saying they sell only 'swadeshi' (Indian goods), as quoted by news agency PTI.

https://www.business-standard.com/india-news/pm-modi-urges-buy-made-in-india-swadeshi-us-tariffs-125082501204_1.html

4.The GST Council will discuss a plan to slash levies on a host of products including cement, mass-consumption services such as salon and beauty parlours as well as individual life and health insurance plans when it meets early next month.Also on the agenda will be a proposal to move all food and textiles products into the 5% slab as part of a move to simplify the tax regime and end all classification concerns, sources told TOI.

https://timesofindia.indiatimes.com/business/india-business/all-food-and-textile-items-may-be-moved-into-5-gst-slab/articleshow/123511891.cms

5.Indian Hotels Company (IHCL) today entered into a strategic partnership, signing definitive agreements to acquire controlling stake in ANK Hotels Pvt Ltd and Pride Hospitality Pvt Ltd and signed a distribution agreement with Brij Hospitality Pvt Ltd. With many decades of hospitality experience, the promoters of these companies belong to the illustrious Clarks hotels family. This takes IHCL’s portfolio to over 550 hotels.

https://www.hotelierindia.com/development/ihcl-expands-portfolio-with-strategic-partnership-to-acquire-over-150-hotels-from-ank-pride-and-brij-hospitality

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