Tribals celebrate start of delayed road project in ASR district
The launch sparked scenes of joy across 11 tribal villages in the region, where residents primarily from particularly vulnerable tribal groups broke into celebratory Dhimsa dance.
Interestingly, deputy chief minister Pawan Kalyan had laid the foundation stone for this road project back in December 2024. However, the work remained stalled for over seven months. The ttribal residents staged a unique horseback protest on July 25, from Madrebu to Dayarthi villages, against the delay.
Protestors lamented that the delay left them isolated, with villagers forced to walk nearly 20 km to access the nearest ration depot.
The lack of proper roads also hampered access to essential services, they said.
Following TOI's coverage, the deputy CM's office directed the ASR district collector to expedite the project. In response, officials and contractors began work on Monday, deploying earthmovers to start laying the road.
by Taboola
by Taboola
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The launch event saw participation from panchayat raj deputy engineer Ravikumar, CPM district committee member K. Govinda Rao, local sarpanches, MPTCs from Pinnakota and Pedakota, and other key community leaders including Kondatambili Narsingarao and Seediri Anandarao.
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Time of India
39 minutes ago
- Time of India
India needs fiscal push to revive domestic growth: Arvind Sanger
"China imports as much oil from Russia as India does, but India doesn't have a similar trump card—no pun intended—that it can use against Trump. Right now, it's about Witkoff heading to Moscow tomorrow, and Putin offering some kind of olive branch by saying he won't launch air attacks in exchange for avoiding tariffs. How all of this plays out remains to be seen," says Arvind Sanger , Geosphere Capital Management. Like I mentioned, there's a lot to talk about when it comes to Trump—his commentary on the EU, China, India, and pharma. Let's begin with what he said about the pharmaceutical sector. He's announced a sharp hike in tariffs—eventually going up to 250% over the next 12 months. How do you see this playing out for pharma exporters to the US, especially companies operating within the US? Arvind Sanger: Well, remember, he had already mentioned a 200% tariff a couple of weeks ago. Now he's saying 150%, eventually going to 250%. So, to be honest, 200 or 250—who cares? The bottom line is, he's trying to phase this in over time to encourage more pharmaceutical manufacturing within the US. Clearly, that's a disadvantage for Indian pharmaceutical companies that rely heavily on exports to the US. It's a headwind, and the market has been aware of it for a few weeks now. So, I don't think it's significantly new information. That headwind is already factored in and is likely to have an impact. Whether it starts at 150% or eventually reaches 250%, it will negatively affect the pharmaceutical industry. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Caitlin Clark, 23, Shows Off Her Perfect Figure In These Photos The Noodle Box Undo Trump's tone has also been quite harsh on the Indian market. He's said he's planning a substantial tariff hike in the next 24 hours. Meanwhile, his commentary on China seems more conciliatory—he's even planning a meeting with Xi Jinping. On the flip side, he's again threatening the EU with a possible 35% tariff if certain conditions aren't met. How do you see Trump's tariff strategy playing out, especially for India and China? And how do you think the markets will react? Arvind Sanger: It sounds like China has something Trump wants. Two key things, in fact—first, the US needs rare earths in the short term, and second, Trump seems quite eager to visit China, meet Xi Jinping, and get a big photo op. Those are the cards China is playing to its advantage. China imports as much oil from Russia as India does, but India doesn't have a similar trump card—no pun intended—that it can use against Trump. Right now, it's about Witkoff heading to Moscow tomorrow, and Putin offering some kind of olive branch by saying he won't launch air attacks in exchange for avoiding tariffs. How all of this plays out remains to be seen. Live Events My sense is that Trump is unlikely to take any dramatically escalatory steps against India—especially on the Russian oil front. If India were to stop buying Russian oil altogether, Russia would struggle to find replacement buyers, meaning some of that oil would be off the global market. That would definitely spike oil prices. We must keep in mind that when it comes to Iran, Venezuela, or even Russia, Trump's bark has so far been worse than his bite. In the case of Iran, for instance, he made strong statements, but Iranian oil flows remained largely unaffected. So personally, I'm not overly worried about Trump being truly serious about halting Russian oil flows. He's been a toothless tiger so far when it comes to stopping oil from major producers. Domestically, what's the bigger concern for India? Forget tariffs for a moment—why is there consistent FII selling? What should domestic investors be doing right now? Arvind Sanger: If you look at the earnings numbers, auto sales, two-wheeler sales—basically any India-specific economic statistic—it doesn't quite support the kind of multiples that the Indian market is currently trading at. So, while India has been positioned as a growth story, that growth isn't showing up in earnings in a big enough way to get people like me excited. Yes, India might still be the fastest-growing major economy, but it's not translating meaningfully into numbers that make it a 'must buy.' The weakening rupee is also reducing India's attractiveness for dollar-based investors. And if exports take a hit, we'll need to find domestic opportunities where growth is visible. The Indian government may need to step up—not just the RBI, but also on the fiscal front. They may need to be more aggressive, even run a slightly higher deficit, to kickstart growth. If that happens, then domestic themes like consumption, infrastructure, leisure, and travel could benefit. But for now, growth doesn't look terrible, it just doesn't look very robust either.
Time of India
an hour ago
- Time of India
The week that was: Trump toughens Russia stance, slams India; Ukraine scores win; and more
Welcome back to another edition of My Take 5, your weekly roundup of top international news. This week we are covering Trump's apparent toughening of stance against Russia, his unexpected tirade against India, a win for Ukraine's democracy, South Korea's overture to North Korea, and Vietnam's VinFast's ambitious production expansion to India. So let's get to it: Russia bombs Kyiv… Trump bristles In one of the largest Russian attacks on Kyiv, the Ukrainian capital was hit with more than 300 drones and eight missiles in the intervening night of July 30-31. Around 179 people were injured and 31 people were killed, including five children, the youngest being just two years old. The massive strike again highlights that Russia is nowhere close to being interested in a ceasefire in the ongoing war. Note that the Kyiv attack came just after Trump announced that he was shortening the deadline he had previously given to Russia to negotiate a ceasefire. The new deadline will expire later this week, but Trump's envoy Steve Witkoff is expected in Moscow for talks before that. So, things are still up in the air. True, there has been a perceptible change in Trump's rhetoric towards Russia for some weeks now. He appears to be losing patience with Putin. Yet, by sending Witkoff to Moscow again, it seems that he still hasn't given up on the possibility of last-minute dialogue to stop this war. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like People Born 1940-1975 With No Life Insurance Could Be Eligible For This Reassured Undo That looks unrealistic because Russia, at the moment, doesn't feel enough pressure to end its aggression. It hasn't switched to a full war economy, it is still making billions in energy revenues, and is inching its way forward in eastern Ukraine while bombarding Ukrainian cities and towns far away from the frontline. The way things are proceeding, the only way Russia might be forced to negotiate a ceasefire is if Trump follows through on his promised secondary sanctions against countries that buy Russian energy. And if those sanctions really bite, Moscow may be forced to rethink its aggression. That, however, still remains a big if. Trump targets India Over the past week, Trump chose to direct his trade ire against India, accusing the latter of financing Russia's aggression against Ukraine by buying Russian oil. Trump, in fact, announced a 25% tariff on Indian exports and an unspecified penalty for purchasing Russian oil. This would be consistent with his threats to impose secondary sanctions on countries if Russia doesn't stop the war. But why is India in Trump's crosshairs? After all, as India has pointed out, neither Europe nor the US has completely cut off all trade with Russia as yet. So why single out India alone for so-called indirect fueling of Russia's war machinery? Plus, there are also doubts about this accusation. Last year when former Ukrainian foreign minister Dmytro Kuleba had visited India, he had given an exclusive interview to this writer ( 'India buying Russian oil is ok, but don't fund Putin's war machine' ). Kuleba had clearly mentioned that Ukraine didn't have a problem with India buying oil from Russia since it was paying for this oil in rupees that Moscow couldn't invest towards its defence needs. Therefore, India is right to protest against Trump's haranguing. But there is one difference though. The Europeans and the Americans have given, and continue to give, billions of dollars for Ukraine's defence and humanitarian needs. India, after handing over 16 consignments of humanitarian aid to Ukraine, has not sent any more relief supplies to Kyiv over the last one year. Therefore, with Trump now finally looking to push Russia on the war, Washington, through threatened tariffs, might be looking to press New Delhi to take a stand. So, it is not really about India buying Russian oil, as much as it is about geopolitical alignment. However, it remains to be seen if Trump's tactic will work. India has been a valued South Asian partner for the US. Things might actually work out sans the language of threats. Also, China has done far, far more to sustain Russia's aggression, that too in a more direct manner, providing Moscow with military parts, tech knowhow and other defence essentials. That's where most of American efforts should be directed if it has to stop the war. A win for Ukraine's democracy A week after a law was passed by the Ukrainian parliament that took away the independence of two anti-corruption bodies, National Anti-Corruption Bureau (NABU) and the Special Anti-Corruption Prosecutor's Office (SAPO), another law submitted to parliament by President Zelenskyy was passed to reverse course. This came after thousands of youngsters took to the streets of Kyiv and other Ukrainian cities to protest the move to curtail NABU and SAPO. What came to be known as the cardboard protests – thanks to the creative cardboard signages the young protesters held up at their rallies – proved to be quite effective in reminding the Ukrainian government that war-time martial law was no excuse to ride roughshod over Ukraine's hard-won democratic reforms. Plus, EU too was perturbed by the move to undermine the anti-corruption bodies and reportedly froze billions of euros in funding backed by Russian frozen assets. All of this compelled Zelenskyy's office to recognise that a course correction was in order. As I said in the previous edition of the weekly wrap, Zelenskyy may have had a point in passing the first legislation given concerns over Russian influence in Ukraine's vital security and investigative institutions. But to scrap the independence of NABU and SAPO was a huge overreaction. The issue could have been addressed in another way, which is what happened ultimately. The new legislation restores NABU and SAPO's independence and also addresses concerns over Russian influence through periodic polygraph tests for anti-graft officials. So the takeout is that Zelenskyy realised his mistake, listened to citizens who were unhappy, and made appropriate changes. This is a great example of how a democratically elected government should work. It is responsive to people's voices even in the midst of a war. Also, the protesters were clear that this wasn't a demonstration against Zelenskyy's handling of the war. They were very sensitive to the fact that their brethren were fighting for Ukraine's sovereignty on the frontlines. Hence, their demands were only related to the changes at the two anti-corruption bodies. Now that those changes have been reversed, they are happy. The episode also shows that Ukraine's culture of democratic activism is alive and kicking with the baton being taken up by a new generation of conscious Ukrainians. And they will not allow the hard-won gains of the Euromaidan revolution to go to waste. Korean thaw? Unlikely South Korea is dismantling its speakers at the border with North Korea in an apparent bid to ease tensions between the two sides. The South Korean speakers were used to blare propaganda material into the North, and were resumed last year after Pyongyang sent across nearly a thousand trash-filled balloons. Those tensions came during the previous dispensation in Seoul headed by then president Yoon Suk Yeol. However, after Yoon was impeached following his failed attempt to impose martial law, the new administration of President Lee Jae Myung has tried to repair the relationship with both North Korea and China. However, Pyongyang is unlikely to be interested in this overture. After all, neither is it any longer interested in reunification, nor does it want genuine peace with the South. In fact, given Pyongyang's growing strategic relationship with Moscow and its assistance to the latter in the Ukraine war, North Korea today increasingly sees itself as part of the Russia-China-Iran camp that is ranged against the US-led Western order. It very much seeks a role in the unfolding systemic clash between the two camps. Therefore, Seoul is likely to be disappointed here. North Korea, for all practical purposes, has turned its back on intra-Korea relations. And there is little hope of Pyongyang coming back to this. It is firmly with those countries that seek to upend the global order. Vietnam's VinFast starts production from India In a big business move, Vietnamese electric car manufacturer VinFast started operations at its Indian factory, its first overseas plant. This is a big move by VinFast, which as an EV maker is facing tough competition from Tesla, BYD and a host of other international companies in the EV market. The factory in Thoothukudi, Tamil Nadu, is also expected to produce EVs for neighbouring South Asian markets like Sri Lanka and Mauritius. But it is the Indian market – the third largest auto market in the world – that VinFast is eyeing to make a mark. Success here will catapult the company to greater heights in the overall Asian market. But the real positive here is that VinFast, despite hailing from an economy that has just about modernised its industrial production base, has shown the ambition and drive to expand overseas. In that sense, VinFast is a shining example of Vietnam's resilience and determination to reach new heights in economic and industrial development for itself. This in turn shows that Vietnam's economic progress is on the right track. The country, in concluding multiple FTAs, has already emerged as one of the most robust trading nations in Southeast Asia. If it diligently keeps to this track, it is certain to become a true Asian economic dynamo like South Korea or Japan.
Time of India
an hour ago
- Time of India
Tariff shock temporary, fundamentals will prevail: Peter Cardillo
"A 200% or 250% tariff? That would force countries exporting pharmaceuticals to the U.S. to shut down operations—that's just not feasible. Could something like this go into effect briefly, for a week or two? Possibly. But it won't be sustainable," says Peter Cardillo , Spartan Capital Securities . What do you make of the latest announcements on the tariff front? Trump is saying tariffs could go up to 250%. What do you make of these comments? Peter Cardillo: Well, obviously, Trump is once again putting on pressure and threatening steeper tariffs so that, eventually, he can strike deals—especially with countries like India. Whether or not those steep tariffs will actually be implemented, I'm not certain. I think we'll eventually see lower tariffs being imposed. He also says he's collecting trillions and trillions of dollars, and yes, that may be true. But let's not forget—even a baseline tariff of 10% or 15% is inflationary. So yes, he may be paying down debt, as he claims, and the trade deficit may shrink, giving a false impression of economic activity. But consumers are unlikely to spend the way they were six months ago, simply because prices are now higher. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why is everyone rushing to get their hands on this new air cooler? News of the Discovery Undo He also mentioned tariffs on pharmaceuticals—saying they'll be raised to 150% in the next week or so, and eventually to 250% within a year. Is that even realistic? What kind of impact would that have on U.S. inflation? Is 250% really feasible? Peter Cardillo: No, absolutely not. These are just threats. A 200% or 250% tariff? That would force countries exporting pharmaceuticals to the U.S. to shut down operations—that's just not feasible. Could something like this go into effect briefly, for a week or two? Possibly. But it won't be sustainable. Shifting focus to energy now. Trump has made statements about potential sanctions on countries purchasing Russian energy. At the same time, India's NSA, Ajit Doval, is currently in Russia for strategic meetings. How do you see this scenario unfolding? Trump is also expected to speak with Russian officials. What could be the possible outcomes of these meetings—between Russia and India, and separately, Russia and the U.S.? Peter Cardillo: They'll likely reach some sort of agreement. I don't think India is going to stop trading with the United States—it will continue to do so. Will it also trade with Russia for oil? Probably. But perhaps there will be a split—India might source some oil from the U.S. as well, instead of relying solely on Russia. A mutual agreement is likely. What we're witnessing isn't just a war of tariffs—it's a war of words. Eventually, some sort of resolution will emerge. Of course, this rhetoric can weigh heavily on the markets—not just in India or the U.S., but globally. However, if you look at global markets, most are focused on the fundamentals, and earnings have been very strong. So yes, you might see a one-day pullback due to tariff threats or related developments, but ultimately, investors focus on fundamentals. That's what will play out over the next few weeks, even as Trump announces tariffs on chips and pharmaceutical products. You may get one or two days of market volatility, but in the end, those steep tariff threats will push trading partners to the negotiating table. Live Events
