
Mayawati urges Centre to protect farmers, small businesses from impact of US tariffs
Mayawati expressed serious concern over US President Donald Trump's decision to levy a 25% tariff on Indian exports beginning August 1, alongside "a penalty on oil imports from Russia, both of which she said could have damaging repercussions for the Indian economy".
Despite the US being described as a 'friendly' nation, Mayawati emphasized, "Such economic pressures should be met with resilience and transformed into opportunities for self-reliance.The central government should honour its assurance that no section, especially small and medium enterprises and the agricultural sector, will be adversely affected."
Highlighting India's vast labour force and the need for inclusive development, the BSP leader stressed the need for "effective policies rooted in public welfare and constitutional values that would help India achieve sustainable prosperity under the guiding principle of 'Sarvajan Hitaya, Sarvajan Sukhaya', the welfare and happiness of all."
UNI PRI AAB

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
8 minutes ago
- Hans India
India has emerged as preferred security partner in Indo-Pacific
India has now graduated to becoming a "preferred security partner" in the Indo-Pacific region, forming defence partnerships that not only include joint exercises and capacity building but also exports of defence equipment either as a grant or under a defence Line of Credit at the request of the partner state, according to former Indian diplomat Suchitra Durai. Trilateral maritime security cooperation with Sri Lanka and the Maldives, which began in 2011, has extended to other Indian Ocean states, including Mauritius and Bangladesh, with Seychelles as observer under the Colombo Security Conclave that now has a charter and a secretariat in Colombo. The Indian Ocean Naval Symposium (IONS) has 25 participating countries from South Asia, West Asia, Africa, Southeast Asia and European countries with Indian Ocean territories as well as nine observers and a rotating chair (India will take over as chair at the end of 2025). MILAN is a biennial multinational exercise hosted by the Indian Navy in harmony with India's vision of SAGAR and the Act East policy, Durai, a former envoy to Thailand, highlighted in an article in Mizzima News, a leading media outlet in Myanmar. A crucial facet of maritime security is enhanced maritime domain awareness. Towards this, India has also been pursuing white shipping agreements with several countries (22 have been concluded till now) and established a state-of-the-art Information Fusion Centre (IFC – IOR) in Gurugram that facilitates the sharing of maritime information among member states. Ten years after SAGAR, during an official visit to Mauritius in 2025, PM Narendra Modi announced MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions), an updated doctrine. If SAGAR is the sea, then MAHASAGAR denotes "ocean" in Hindi and several other Indian languages. MAHASAGAR marks a strategic evolution from a regional focus on the Indian Ocean to a global maritime vision, with particular emphasis on the Global South. PM Modi's recent engagements with Mauritius, Maldives, Trinidad and Tobago, Ghana, and now the Philippines are aligned with the MAHASAGAR vision. India has been sharing its developmental experiences and technical expertise in a spirit of 'Vasudhaivakutumbakam' (the ancient belief that the World is One Family). As PM Modi stated in his address to the Ugandan Parliament in 2018: "Our developmental partnership will be guided by your priorities, it will be on terms that will be comfortable for you, that will liberate your potential and not constrain your future." The Indian model of developmental cooperation is comprehensive and involves multiple instruments, including grant-in-aid, concessional lines of credit, capacity building and technical assistance. In June 2018, at the Shangri-La conference, PM Modi outlined India's Indo-Pacific vision. For India, the Indo-Pacific stands for a free, open, inclusive region that "embraces us all in a common pursuit of progress and prosperity". He emphasised ASEAN centrality, a rules-based order, freedom of navigation, unimpeded commerce and peaceful settlement of disputes in accordance with international law. There is great synergy between the Indian approach and the ASEAN Outlook on the Indo-Pacific. In November 2019, at the East Asia Summit in Bangkok, India launched the Indo-Pacific Oceans Initiative (IPOI), a coherent initiative comprising seven pillars of practical cooperation built on the SAGAR vision. India's active participation in the QUAD (Australia, India, Japan and the US) is part of our Indo-Pacific vision. Earlier, in 2014, India established FIPIC (Forum for India-Pacific Islands Cooperation), a strategic initiative for strengthening diplomatic and economic engagement with islands in the Pacific Ocean. It was in 2023, during India's Presidency of the G-20, whose leitmotif was inclusivity, that the African Union was invited to join the grouping. India's presidency, inter alia, revived multilateralism, amplified the voice of the global south and championed development. India has hosted three editions of the Voice of the Global South summit since then.
&w=3840&q=100)

Business Standard
8 minutes ago
- Business Standard
Raksha Bandhan rush: Quick commerce platforms face demand overload
As online shoppers flocked to quick commerce platforms for Raksha Bandhan essentials, sales spiked but delivery delays, out-of-stock items, and store unavailability increased for Swiggy Instamart, Bli Udisha Srivastav New Delhi Listen to This Article Quick commerce platforms set new Raksha Bandhan sales records this year as Indian online shoppers increasingly turned to doorstep delivery for festive essentials — from rakhis to sweets. However, the surge in demand also led to longer delivery times, out-of-stock items, and store unavailability across Swiggy Instamart, Blinkit, Zepto, and others. Swiggy Instamart, which partnered with Kalyan Jewellers to offer ₹2,100 voucher cards on orders above ₹499, saw vouchers run out in some locations. In some cases, the benefit was not automatically applied to eligible carts, prompting Instamart to later add a condition that a rakhi be included in the


Mint
8 minutes ago
- Mint
Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday — 11 August 2025
Buy or Sell: This week, the Indian equity benchmark Nifty 50 ended lower by 0.76%, closing at 24,363, as selling pressure intensified after the Trump administration announced an additional 25% tariff and warned of possible secondary tariffs if India continues purchasing oil from Russia. On the domestic front, the RBI kept policy rates unchanged in its latest monetary policy meeting. Technically, Nifty slipped below the crucial 24,800 support and extended its decline toward the 24,200–24,300 zone, which aligns with the 200-day EMA and the 38.2% Fibonacci retracement from the March low of 21,700. The index has formed a bearish rising wedge pattern, indicating potential short-term downside, with immediate support at 24,200 and resistance at 24,800–25,000. Bank Nifty also mirrored this weakness, forming a bearish wedge pattern, with key support at 53,800 — near its 200-day EMA and 38.2% retracement — and resistance at 56,000–57,000. Overall, both indices show a short-term bearish bias, with global trade tensions and geopolitical risks weighing on sentiment, despite domestic policy stability from the RBI. On a broader timeframe, both the Nifty and Bank Nifty closed the week below their respective monthly support levels—23,800 for Nifty and 56,000 for Bank Nifty—indicating a continuation of the prevailing short-term bearish sentiment. For the week ahead, key levels to watch include support at 24,200–24,300 and resistance at 25,200 for the Nifty, while Bank Nifty holds support between 54,000–53,500 and faces resistance at 57,000. Traders are advised to remain cautious and closely monitor global cues and geopolitical developments, which may influence short-term market direction. While the broader trend remains cautiously optimistic, a breakout above the identified resistance levels will be essential to confirm the resumption of upward momentum. 1. Aurobindo Pharma Ltd (AUROPHARMA): Buy at ₹ 1,042; Target Price at ₹ 1,100; Stop Loss at ₹ 1,010. 2. ICICI Bank Ltd (ICICIBANK): Buy at ₹ 1,435; Target Price at ₹ 1,470; Stop Loss at ₹ 1,410. 3. TVS Motor Company Ltd (TVSMOTOR): Buy at ₹ 2,968; Target Price at ₹ 3,030; Stop Loss at ₹ 2,920. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.