ET Leadership Dialogues: The evolution of AI adoption in India
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New Indian Express
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NEW DELHI: Former US National Security Advisor John Bolton has warned that punitive tariffs imposed on India could backfire strategically, pushing New Delhi closer to Russia and China, the very outcome decades of American diplomacy have sought to avoid. In an interview with CNN, Bolton said, 'Trump's tariffs against India are intended to hurt Russia, but they could push India closer to Russia and to China to oppose these tariffs." He warned that Trump's leniency toward China while taking a heavy-handed approach with India was undermining long-term U.S. interests. 'Trump's leniency on the Chinese, and heavy-handed tariffs on India, jeopardise decades of American efforts to bring India away from Russia and China,' Bolton said. In April, Trump briefly escalated a trade war with China, only to pause further action, pending a potential deal. Meanwhile, he announced on July 30 a 25% tariff rate on Indian imports—a significant hike from the previous average of 2.4%. India also faces an additional tariff of 25% due to its continued purchases of Russian oil, which Trump argues funds the 'war in Ukraine.' Trump also criticised India's acquisition of Russian military equipment.
Mint
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78% of Nvidia staff are millionaires, half worth over $25 million — Guess who checks their salaries every year?
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Time of India
16 minutes ago
- Time of India
'India will not bow to threats': Former VP Naidu vows to protect strategic and national interests; slams selective US tariffs
NEW DELHI: Former vice-president M Venkaiah Naidu on Saturday said that India will not compromise on its strategic or national interests and will continue to protect its energy security despite external pressures. Tired of too many ads? go ad free now The statement comes amid growing trade tensions with the United States. Speaking at the valedictory session of the MS Swaminathan Centenary International Conference, Naidu stated, 'We will remain to safeguard energy security and we will stand firm on our strategic and national interest. No question of yielding to any threats. Threats will not work on India...' Naidu underlined that India is self-reliant while remaining committed to global cooperation guided by the principle of 'share and care.' His remarks came after US President raised tariffs on Indian goods from 25 per cent to 50 per cent, calling India a 'dead economy', a remark Naidu dismissed, citing India's strong growth. He noted that India is growing fast and gaining worldwide recognition while some countries are envious of nation's growth. "They are not able to digest our growth. They are suffering from indigestion problem," the former vice-president said. He highlighted that India has moved up from fourth to third place in the global economic rankings and expressed confidence that with contributions from farmers, researchers and youth, the country will "definitely reach further heights". Naidu cited India as "sovereign and vibrant democracy" growing at 6.5–7 per cent annually and contributing 18 per cent to global GDP growth, higher than the US' share of 11 per cent. Tired of too many ads? go ad free now He also questioned the fairness of selective US tariffs on allies like India, while America continues to import uranium and fertilisers from Russia and EU imports large quantities of Russian crude. "We were friends. We always admire America because they are the oldest democracy and we are the largest democracy. We respect each other, we have admiration, but what is happening, what is being said about India without any provocation, any reason, is really unfortunate," Naidu said. Despite the tensions, Naidu emphasised India's willingness to work with all nations which is rooted in Indian philosophy. "There is no reason for anybody to have any grouse against India or about India," he added.
