
China, India should stand together in face of U.S. tariffs, says Chinese Embassy in India
NEW DELHI, April 8 (Reuters) - India and China should stand together to overcome difficulties in the face of tariffs imposed by U.S. President Donald Trump's administration, the spokesperson of the Chinese Embassy in India said on Tuesday.
"China-India economic and trade relationship is based on complimentarity and mutual benefit. Facing the U.S. abuse of tariffs... the two largest developing countries should stand together to overcome the difficulties," spokesperson Yu Jing said in a post on X.

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Reuters
11 minutes ago
- Reuters
Indian equity benchmarks set to open higher on global tailwinds, RBI policy support
June 9 (Reuters) - Indian benchmark indexes are poised to open higher on Monday, buoyed by positive global cues, including strong U.S. jobs data and signs of progress in India-U.S. trade talks, as well as the Reserve Bank of India's (RBI) policy support. The Gift Nifty futures were trading at 25,179 as of 7:35 a.m. IST, indicating that the benchmark Nifty 50 (.NSEI), opens new tab will open above Friday's close of 25,003.05. The Nifty 50 and BSE Sensex (.BSESN), opens new tab rose about 1% each on Friday after the RBI cut the repo rate by 50 basis points (bps), surpassing expectations of a 25 bps cut, and reduced the cash reserve ratio (CRR) for banks by 100 bps, signaling stronger monetary support. "The RBI's measures came as a positive surprise for equity markets as there will be greater impetus to growth and there could be faster pick up in rate-sensitive sectors," said Sandeep Bagla, CEO of Trust Mutual Fund. Positive sentiment also stemmed from global markets. The MSCI Asia ex-Japan index (.MIAPJ0000PUS), opens new tab rose 0.5%, tracking Wall Street's gains on Friday after a robust U.S. jobs report eased concerns over economic momentum. Treasury yields edged higher in response. Meanwhile, trade talks between Indian and U.S. officials are progressing, with both sides seeking consensus on tariff cuts in the farming and auto sectors in a bid to finalise an interim deal before a July 9 deadline, Indian government sources said. Foreign portfolio investors (FPI) and domestic institutional investors (DII) were both net buyers of Indian shares on Friday, purchasing shares worth 10.1 billion rupees ($118 million) and 93.42 billion rupees, respectively. ** Mahindra & Mahindra's ( opens new tab total production jumps 27.6% year-on-year in May and total exports soar 36.7%. ** Multi Commodity Exchange of India ( opens new tab receives SEBI approval to launch electricity derivatives ** Rites ( opens new tab signs deal with Hindustan Copper ( opens new tab to develop a critical mineral supply chain ** Garden Reach Shipbuilders ( opens new tab signs MoU with Sweden-based Berg Propulsion for marine propulsion systems and Denmark-based SunStone for partnership in expedition cruise vessels ($1 = 85.7590 Indian rupees)


The Guardian
14 minutes ago
- The Guardian
‘We're not afraid of you': LA protesters, enraged by Trump, flood the streets
Thousands of Angelenos enraged by Donald Trump's decision to commandeer their state national guard swamped the streets around city hall and the federal courthouse on Sunday, bringing a major freeway to a standstill on Sunday. The demonstrators were met by law enforcement. But the national guard, hemmed in by the protesters and by dozens of Los Angeles police cruisers, played almost no role in any of it. A vocal, boisterous but largely peaceful sea of protesters engulfed the north-eastern corner of downtown Los Angeles, hurling insults at Trump and at the immigration enforcement teams who had conducted mass arrests of undocumented migrants in the area on Friday. They converged on the Metropolitan detention center, the federal lockup where many protesters arrested over the previous 48 hours were being held, and an adjacent loading dock that about 50 national guardsmen, in battle gear with riot shields and semi-automatic weapons, were using as their staging ground. The protesters did not hesitate to walk right up to the heavily armed me. 'We're not afraid of you!' one organiser with a bullhorn, John Parker, yelled. One of the many banners on display read: 'National Guard LOL.' Every building and wall in the immediate vicinity was covered in profane graffiti, the most common being 'Fuck ICE', 'LAPD can suck it' and 'Kill all cops.' Shortly after noon, the guardsmen, flanked by armed officers with Department of Homeland Security insignia, fired teargas into the growing crowd so a caravan of DHS and Border Patrol vehicles could push its way through. People backed off briefly and donned masks, only to come back in larger numbers within a few minutes. That was the extent of the national guard's involvement. Within a couple of hours, the crowd had swollen to several thousand, as marchers from earlier protests – one in Boyle Heights, east of downtown, and the other at city hall – moved on the federal complex from different directions, spilling so broadly into the surrounding streets that it brought traffic to a standstill. Several drivers caught in the snarl-up honked enthusiastically to show their support. At first, the Los Angeles police department issued orders to disperse and threatened to arrest anyone who did not comply. Dozens of patrol cars tore through downtown, forming a barricade just north of the protest and slowly pushing the crowd in the opposite direction. LAPD riot officers sprinted down the sidewalks and fired several rounds of flash-bangs, which alarmed the crowd but did not appear to harm anyone. Soon, the LAPD patrol cars had – whether by design or by accident – hemmed the national guardsmen into their staging area, making it impossible for them to make their own attempt at crowd control even if they had wanted to. The crowd, meanwhile, had split into two, with one group clustered so thickly along Alameda and Temple Streets that the police soon gave up on attempting to move them further. The other group sprinted down freeway off-ramps leading to the 101 freeway, bringing traffic on the major artery to a standstill. Police fired round after round of flash-bangs in an attempt to push the protesters back up the off-ramps. Thick clusters of onlookers gathered on the bridges above the action, shouting 'shame, shame!' at the police as well as profanity-laced slogans – in English and Spanish – directed at Trump and his immigration enforcement efforts. Unlike the national guardsmen, the LAPD appeared reluctant to resort to teargas. Unlike the county sheriff's department, who shot a news photographer in the leg on Saturday with a so-called 'less lethal' round, the city police also shied away from more drastic crowd control measures. California leaders including the governor Gavin Newsom and the Los Angeles mayor Karen Bass have accused Trump of compounding the problems caused by his immigration raids by taking the unorthodox step of requisitioning the state national guard. By mid-afternoon Newsom was urging the president to rescind the order. 'We didn't have a problem until Trump got involved,' Newsom said. 'This is a serious breach of state sovereignty – inflaming tensions while pulling resources from where they're actually needed.' Some of those frustrations showed on the street, as LAPD officers – even as they appeared determined not to inflame the crowds further – had to endure loud insults and a flurry of empty plastic water bottles thrown whenever they made an attempt to take control of the crowd. In isolated incidents, LAPD riot officers manhandled or arrested protesters who threw fists at them or beat on police cars. At one point, a black police cruiser moved through the crowd at high speed and was reported to have injured a bicyclist knocked to the ground. There were isolated episodes of vandalism – graffiti sprayed on buildings and vehicles, a Waymo driverless car seen with a smashed windshield, one protester who damaged the side mirror of a parked car he passed. But the vast majority of protesters seemed determined to vent their anger through slogans and placards only. 'People experiencing oppression are expressing their first amendment rights,' said a protest organiser who wanted to be identified only as Angelica R for fear of government reprisals 'This is not the making of a dictatorship,' she said of Trump's immigration crackdowns. 'This is the description of a dictatorship.' It was not clear what plan, if any, the national guard had going into Sunday. Newsom said about 300 guardsmen had deployed to the LA area – far short of the 2,000 requisitioned by the president. As the day began, two dozen of them appeared to news crews outside the federal complex as though intent only on posing for photographs. They had the visors of their helmets up, and many wore shades, even though the day started out cloudy. Mayor Bass, speaking to the Los Angeles Times, accused them of 'posturing'. Maxine Waters, the veteran congresswoman from south LA, taunted them by asking: 'Who are you going to shoot?' It was only as the crowds grew thicker that they donned riot shields and turned to face the street, not the television cameras. The size of the protests appeared to take everyone by surprise. LAPD squad cars tore towards city hall at one point, only to spin in circles and head back to the federal complex moments later. One protest organiser outside the Metropolitan detention center yelled at one point: 'This is only a distraction! We need to go to city hall!' But as soon as people started heeding her call, they ran into a sea of several thousand protesters moving in the opposite direction.


Scottish Sun
25 minutes ago
- Scottish Sun
Sweet-toothed fans are racing to Iceland for retro snack inspired by iconic 2000s drink
Nestle has recently hiked the cost of chocolate choco lot Sweet-toothed fans are racing to Iceland for retro snack inspired by iconic 2000s drink Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) SHOPPERS are flocking to Iceland to get their hands on a snack inspired by an iconic 2000s drink. Nesquik now comes in yogurt form, and they are bringing back some core memories for millennials. Sign up for Scottish Sun newsletter Sign up 1 Nesquik Chocoballs were spotted in Iceland Credit: Facebook / Snack Reviews The cereal treat is a split pot with a generous helping of sweet yogurt made from 83 percent milk and crunchy chocolate balls. The four-pack of 107g Chocoballs pots is being sold exclusively at Iceland for £2.80. There is also a deal on now where you can buy three packs for just £6.00 - saving yourself £2.40. Or you can mix and match them with a choice between Muller Corners or Quality Street's Toffee Dessert. One savvy shopper spotted the tasty treat in their local Iceland and shared a photo on Snack Reviews Facebook page. "I need," one wrote, adding the eyes emoji. "I want these for me, not the kids," another joked. Nesquik was a huge hit in the 2000s and is known for its range of flavoured milk drink powders, particularly the iconic chocolate variety. It has been a staple in many British households for decades, often associated with childhood memories and nostalgic comfort. In addition to the classic powders, Nesquik in the UK has expanded its product range to include ready-to-drink bottles and cereal, further cementing its presence in the breakfast and snack categories. Dunnes Stores fans set for frenzy as major new food section lands in supermarkets This comes as Nesquik's creator Nestle revealed it hiked the cost of its chocolate and coffee for customers. The Swiss company said it's raised its prices by 2.1% overall - but for some items the hikes are in the double digits. It blamed surging costs of coffee beans and chocolate. "Despite the significant level of the increases in many markets, the actions were implemented with limited customer disruption," Nestle said. Nestle produces a range of products, including chocolates, sweets, cereals, drinks, ice cream and pet foods. Among its popular brands are Aero, Milkybar, Smarties, Milo, Haagen Dazs, San Pellegrino, and Felix cat food. The company said it had better-than-expected sales growth of 2.8% in the first three months of the year. The higher prices accounted for much of the rise. Nestle said it had seen demand drop significantly following the price increases but it is now bouncing back. It also warned there could be further impacts on customers due to higher global tariffs. Donald Trump recently launched a global trade war when he announced major tariffs on dozens of countries. The move has raised fears of a global recession, sent stock markets tumbling and caused economic uncertainty for businesses trading internationally. Mr Trump has called on American companies to produce their products in the US to avoid costly tariffs. But for chocolate makers this is near impossible as the key ingredient, cocoa, can only be grown in tropical climates. On top of this, the price of cocoa has soared in recent years. Farmers in West Africa, where 70% of the world's cocoa is harvested, have been struggling with climate-related issues that have decimated their cocoa production. It's estimated 400,000 tonnes less of cocoa has been produced over the last few years, hiking the price significantly.