
US tariff hike to hit Indian exports, may push RBI towards rate cuts

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India Today
12 minutes ago
- India Today
US-based Indian woman says 80-hour week isn't extreme, Internet calls her out
An Indian-origin woman and founder of a US-based startup said that 80-hour work weeks aren't extreme, but rather the 'baseline,' as she shared a timelapse video of a day she worked from dawn to a now-viral post on X, Neha Suresh, founder of April - an AI voice assistant app - wrote, 'If you're not spending 14+ hours a day working on your dream, you're ngmi.'advertisementShe added, 'You can't build a world-changing product on 9–5 energy. 80-hour weeks aren't extreme. It's baseline.' The post, which has garnered 65,500 views so far, triggered a debate around work-life balance. Take a look at the post here:If you're not spending 14+ hours a day working on your dream you're can't build a world-changing product on 9–5 energy.80-hour weeks aren't extreme. It's baseline. Neha (@Neha_Suresh_M) July 31, 2025The post drew a mix of curiosity and scepticism from social media users. "What do you do to decompress after an 80-hour week? Physically. What actually works?" one user asked. Another sarcastically added, "Why just 14 hours? Make it 24.""I burned out chasing 80-hour weeks. Found I actually build better products when I'm rested and thinking clearly," a user user wrote, "Wow, another person who's never had to pay bills or have a social life telling me how to live my best life."See the comments here:The internet has since engaged in a wider discussion about work-life balance and healthy work culture.- EndsMust Watch
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First Post
42 minutes ago
- First Post
'Free speech will suffer': Musk's X locks horns with UK over online safety laws
While X has taken steps to comply, such as introducing age verification systems, it expressed concerns about the law's broader implications. read more A 3D-printed miniature model of Elon Musk and the X logo are seen in this illustration taken January 23, 2025. REUTERS/Dado Ruvic/Illustration The social media platform X, owned by US billionaire Elon Musk, has publicly criticised the UK's newly implemented Online Safety Act, warning that its broad regulations could pose a risk to free speech. The company issued a stark statement: 'Free speech will suffer. The Act's laudable intentions are at risk of being overshadowed by the breadth of its regulatory reach. Without a more balanced, collaborative approach, free speech will suffer.' New provisions of Online Safety Act The criticism follows the rollout of new provisions under the Online Safety Act, which took effect recently. A key requirement mandates that websites, including social media and adult content platforms, verify the age of users to shield children from explicit or violent material. STORY CONTINUES BELOW THIS AD While X has taken steps to comply, such as introducing age verification systems, it expressed concerns about the law's broader implications. The platform cautioned that the threat of hefty financial penalties could push companies to over-censor content, stating, 'Many are now concerned that a plan ostensibly intended to keep children safe is at risk of seriously infringing on the public's right to free expression.' UK govt stands strong by legislation The UK government has stood by the legislation, stressing that non-compliant companies could face fines of up to £18 million or 10 per cent of their global turnover—a penalty that could reach £200 million for X. The UK's media regulator, Ofcom, has already launched investigations into dozens of websites failing to implement required safeguards and has reached out to US-based companies, including X, to remind them of their legal obligations. X also took issue with provisions allowing police to monitor social media for content deemed anti-immigrant, arguing that this 'oversteps the intended mission' of protecting children. The platform's concerns align with remarks from Elon Musk, who previously labelled the Online Safety Act as a 'suppression of the people.' Musk has also thrown his support behind a public petition calling for the law's repeal, which has garnered over 450,000 signatures. In response, Ofcom defended the regulations, clarifying that they do not mandate restricting legal content for adults. A spokesperson stated, 'They must carefully consider how they protect users' rights to freedom of expression while keeping people safe.'


Time of India
42 minutes ago
- Time of India
India hardens stance in US trade talks; refuses tariff cuts on farm, dairy, GM foods as Trump escalates tariff war
India has hardened its stance on tariff concessions for US agricultural products, dairy, and GM foods in their bilateral trade agreement. This comes as President Trump announced a 25% import duty on Indian goods starting August 7. Tired of too many ads? Remove Ads What is the India-US bilateral trade agreement (BTA)? Tired of too many ads? Remove Ads What is the aim of the BTA? What are the major demands of the two countries from each other in the BTA? How much tariff is imposed by the US on Indian goods at present? Tired of too many ads? Remove Ads From when the 25 per cent duty will come into force? Why India is not ready to provide duty concessions on dairy, agri and GM foods? India has toughened its stance on extending duty concessions on agri products, dairy and GM foods in the proposed bilateral trade agreement (BTA) with the the US not able to finalise a deal with India so far, US President Donald Trump on Thursday announced imposition of an additional 25 per cent import duty on Indian goods entering American markets from August this duty was to be imposed from August 1. The President has also not specified the penalty which he has announced on India for buying crude oil and military equipment from is a list of Q&A (questions and answers) to explain reasons behind India's stand and impact of US tariffs on labour-intensive sectors:India and the US entered into negotiations for a fair, balanced and mutually beneficial BTA in March 2025 with a target to complete the first tranche/phase of the pact by fall (October-November) of far, five rounds of talks have been completed. For the next round, the US team, headed by Assistant US Trade Representative for South and Central Asia Brendan Lynch, is visiting India from August in a trade agreement, two trading partners either significantly reduce or eliminate import duties on the maximum number of goods traded between them. Besides, they ease norms to promote trade in services and increase two-way India-US BTA is aimed at more than doubling the bilateral trade to USD 500 billion by 2030 from the present USD 191 US wants duty concessions on certain industrial goods, automobiles, especially electric vehicles, wines, petrochemical products, agri goods, dairy items, apples, tree nuts, and genetically-modified is seeking the removal of this additional tariff (25 per cent now) and cut in tariffs on steel and aluminium (50 per cent), auto sector (25 per cent), labour-intensive sectors, such as textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, grapes, and average import duty is about 17 per cent, while the US' is 3.3 per cent. On April 2, the US announced to impose 26 per cent duty (16 per cent reciprocal tariff and 10 per cent baseline tariff). At present, only the baseline tariff is in force. It is over and above the existing import duty on Indian example, before April 2, the Indian textiles were attracting a 6-9 per cent tariff in America. With the baseline tariff, it rose to 16-19 per cent. But from August 7, the sector will attract a 31-34 per cent duty. The baseline tariff will be replaced by 25 per cent duty notified on July 31 by the White certain products are exempted from these tariffs such as pharmaceutical, electronics and energy duty, announced this week, will come into force from August 7 (9.30 am IST). The executive order has also clarified that goods in transit until October 5, 12:01 am eastern daylight time (EDT), or 09:30 am IST, will be subject to a 10 per cent tariff, provided that such goods have entered into transit before August 7 12:01 am Farm livelihoods are at stake. This is a politically and economically sensitive area as over 700 million people in India's rural economy are dependent on the sector. If India removes tariffs, cheap, subsidised US grains could flood Indian markets during global price the US, where agriculture is corporatised, Indian farming is a livelihood issue. Tariffs are essential to protect small farmers, manage price volatility, and ensure food India wants to safeguard its small farmers. GTRI stated that the US argues that India's GM-free feed certification and facility registration protocols effectively bar American dairy imports."Indian rules prohibit imports from animals fed with animal-derived feed' for example, butter from a cow fed meat' due to religious sensitivities. India considers this policy non-negotiable," GTRI has Food: These are created by inserting specific genes, often from bacteria, viruses, other plants, or occasionally animals, into a plant's DNA to introduce new traits, such as pest resistance or herbicide the import of GM products such as soybean meal and distillers dried grains with solubles (DDGS) for animal feed would affect India's agricultural exports to the EU, a key destination for Indian exporters.