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What the markets seem to suggest about Trump, tariffs, and optimism

What the markets seem to suggest about Trump, tariffs, and optimism

The German market has hit a lifetime high. Even though the United States (US) is supposedly facing the prospect of empty shelves in a few weeks
Debashis Basu
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When American President Donald Trump detonated a trade bomb on April 2, global markets shuddered. The levies, set to bite from April 9, targeted countries with a 10 per cent baseline tariff and a punitive 145 per cent on Chinese goods. Stocks tumbled for four days as investors braced for chaos. Yet, days later, Mr Trump halted the tariffs for 90 days — excluding those on China — and exempted electronics, triggering a relief rally. Interestingly, that 'relief rally' has now morphed into a full-fledged bull market in some countries. The German market has hit a lifetime high. Even though

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German packaging ink major Siegwerk plans to double capacity in India as economy grows
German packaging ink major Siegwerk plans to double capacity in India as economy grows

The Hindu

timean hour ago

  • The Hindu

German packaging ink major Siegwerk plans to double capacity in India as economy grows

With the demand of packaging ink growing in double digit in India in sync with the country's economic growth, Siegwerk Druckfarben AG & Co, a 200-year-old German company clocking an annual turnover of over ₹1,000 crore in India, is planning to double it's capacity in the country in 5 years as rising consumerism has given rise to growth in branded products needing safe packaging. To cater to the domestic demand and achieve it's target, the company has decided to add capacity at it's existing factory in Assam and plans a new factory in Western India to cater to the southern & western markets where packaging printing has picked up over the past years. 'In the last 5 years, we have grown at an annual compounded growth of more than 12% to 13 %. And we see the same continue in the future. We plan to double by 2030. In the next 5 years, we would cross ₹2,000 crore revenue,' said Ashish Pradhan, President, Asia, Siegwerk in an interview. 'The macroeconomics is helping us. The GDP growth in India which is one of the largest and fastest growing economy in the world and the demographic dividend is helping us,' he said. 'The capita consumption is a fraction of what we have in the developed world and there is still a lot of head room to grow here,' he added. Stating that the market economics were favorable, he said the company was hopeful of achieving upto 20% market share from about 12% now in India. On the capacity expansion he said, 'We have one large plant in Guwahati, which is the second-largest plant in the whole Siegwerk group. We are making it bigger now with more capacity, which will take us to 2027-28. And then, we will invest in a brand-new facility in the West either in Gujarat or Maharashtra.' 'We are also continuously looking for acquisitions in the Indian market. Over the next five years, in India, we will see at least 50% more investment than what we have already had so far,' he added. 'Our growth is linked to packaging. Typically packaging grows a little faster than GDP. So, if India's GDP is 6.5%, we can expect packaging to grow at about 8-9%. And we are growing at 12-15%,' said Mr. Pradhan. 'It indicates that there is a strong, robust consumption of consumers of all kinds of FMCG products. And the numbers tell us, that the market is becoming more brand-focused rather than an unbranded market. And that will aid packaging,' he said. The company with 800 employees accounts for about 13-14% of the Group's sales. It produces about 25-30,000 tons of ink a year. As far as sustainability & recycling is concerned coatings will be a very, very important for the company. 'Because globally, circular economy is a big topic. We have invested heavily into getting top-notch scientists to work on this in Germany and India,' he said 'So, that also tells you how much importance India has, not only just manufacturing and supplying, also in developing technology,' he pointed out. Mr. Pradhan said the company would contribute more for safe packaging as the awareness on health and nutrition has increased. 'In 2020, the government had banned the use of toluene as a chemical in inks used for food packaging. And that has really helped us grow because we were the pioneers to get toluene-free inks into the country,' he said. 'Today the generation Z is very very careful about these things, so that will be the other big driving factor that the industry has to take care of, and I think we are very well placed because we are the global leaders in safe packaging,' he added. On the policy related changes that could help the industry grow he said the biggest thing in everyone's mind is what is going to happen on the circularity and recycling front. 'Today paper cups has a PE coating and that PE coating on the paper prevents that paper to be recycled. So now we have come up with a coating to replace the PE and then we put it on the paper, and all this has to be driven by regulation,' he said. 'This whole regulation push in circularity and sustainability is what I would look for. That is for the future for packaging industry whether it is paperization, use more paper, less plastic' he emphasised.

Musk Vs Trump: Dark MAGA Conspiracy Theory Sparks Fears Of Tech-Backed Coup In US
Musk Vs Trump: Dark MAGA Conspiracy Theory Sparks Fears Of Tech-Backed Coup In US

News18

timean hour ago

  • News18

Musk Vs Trump: Dark MAGA Conspiracy Theory Sparks Fears Of Tech-Backed Coup In US

Last Updated: The 'Dark MAGA' theory claims Musk and other tech elites aim to replace Trump with a CEO-style leader, raising fresh questions amid Musk's public feud with the former president. Elon Musk's now-deleted post claiming Donald Trump's name appears in sealed Jeffrey Epstein files has sparked new scrutiny and reignited a conspiracy theory that links the Tesla CEO to a wider tech elite allegedly working to reshape American politics. The theory, dubbed 'Dark MAGA," suggests Musk was never truly backing Trump but was instead part of a secretive tech elite aiming to replace him with a CEO-style leader of their choosing, reports by the Daily Beast and the Daily Mail said. Musk's now-deleted post accusing Trump of being named in Jeffrey Epstein's files has only intensified speculation. The tech mogul claimed the documents have been kept secret before allegedly quietly erasing the post. The theory stems from Musk's symbolic shift during the 2024 campaign, where he was frequently seen wearing the black 'Dark MAGA" cap, a twist on Trump's red MAGA branding. Conspiracy theorists now argue this was always a signal and Musk's way of declaring he had infiltrated the movement with a different agenda. According to believers of the conspiracy, a shadowy network of billionaires including Musk and Peter Thiel, often referred to as the 'PayPal Mafia," want to dismantle democracy and transform the US into a corporatocracy led by a tech-appointed figurehead. Their supposed top pick? Vice President JD Vance. The firestorm erupted after Musk shared, then deleted, a tweet saying: 'Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public. Have a nice day, DJT." He later doubled down by sharing a resurfaced 1992 video showing Trump partying with Epstein, adding only an inquisitive emoji. The explosive post caused chaos online before Musk allegedly abruptly took it down. Responding to the allegation, JD Vance firmly rejected the claim, stating, 'Absolutely not, Donald Trump didn't do anything with Epstein." Vance also struck a conciliatory tone toward the Tesla boss, saying, 'I hope eventually Elon comes back into the fold." The feud between Musk and Trump reached boiling point after Musk blasted the president's multi-trillion-dollar tax-and-spend bill. In response, Trump warned he might cancel Tesla and SpaceX's government contracts to cut the deficit. Musk shot back, threatening to begin decommissioning SpaceX's Dragon spacecraft which is a vital link in NASA's space missions. Former Trump aide Steve Bannon took things further, urging the president to seize SpaceX using national security laws and punish Musk for disloyalty. Bannon called Musk a tech oligarch trying to 'hijack the republic." Adding fuel to the theory is the involvement of Curtis Yarvin, a coder-turned-philosopher whose 'Dark Enlightenment" ideas have reportedly influenced Silicon Valley's elite. Writing under the name Mencius Moldbug, Yarvin advocates for replacing democracy with a monarch-like CEO government, where billionaires call the shots, elections vanish, and the bureaucracy is gutted, according to the report by the UK-based Daily Mail. Advertisement The overlap between these views and Musk's real-world role in the Trump administration's Department of Government Efficiency (DOGE) is striking. Under DOGE, more than 2.5 lakh government jobs have already been axed since Trump returned to power in January. top videos View All Meanwhile, JD Vance, who some believe is the group's chosen successor to Trump, continued defending the president, calling recent attacks 'corporate media lies". He said Trump was far more disciplined than critics claim, and that the gap between perception and reality is 'maybe the single biggest disconnect". About the Author Shankhyaneel Sarkar News18's viral page features trending stories, videos, and memes, covering quirky incidents, social media buzz from india and around the world, Also Download the News18 App to stay updated! tags : donald trump elon musk MAGA Location : Washington D.C., United States of America (USA) First Published: June 07, 2025, 21:01 IST News viral Musk Vs Trump: Dark MAGA Conspiracy Theory Sparks Fears Of Tech-Backed Coup In US

YouTuber Khaby Lame reportedly arrested by ICE over alleged ‘illegal alien'  accusations, internet reacts
YouTuber Khaby Lame reportedly arrested by ICE over alleged ‘illegal alien'  accusations, internet reacts

Time of India

timean hour ago

  • Time of India

YouTuber Khaby Lame reportedly arrested by ICE over alleged ‘illegal alien' accusations, internet reacts

In a plot twist nobody had on their 2025 bingo card, Khaby Lame, the TikTok king and the famous YouTuber with over 160 million followers has allegedly been arrested in the United States and thrown into ICE custody. That's right. The silent reaction king, famous for mocking absurd 'life hacks,' has now become the centre of an online storm. But before anyone starts hyperventilating, let us break down the drama. 🚨BREAKING: President Trump's ICE just officially arrested far-left TikToker, Khaby Lame, whom I reported as an illegal to the official DHS website, he's currently being held at the Henderson Detention Center and is in ICE CUSTODY. Khaby Lame has been arrested and detained by ICE. He is likely to be deported but is rich enough to stay anywhere he wants. Khaby Lame's alleged arrest sends internet into meltdown The chaos erupted when Bo Loudon, a self-proclaimed conservative commentator (and self-declared bestie of Barron Trump… yes, that Barron), went full keyboard warrior mode and dropped what he called a 'scoop.' According to Loudon, Khaby was arrested after he personally flagged him for being an 'illegal alien' and overstaying his visa. Meet far-left TikTok star "Khaby Lame."He's an ILLEGAL ALIEN!I've been working with the patriots at President Trump's DHS to make this was just ARRESTED in Vegas and is in ICE CUSTODY!To verify, go to ICE's Locator, type the A-number, and Senegal as country. In a series of wild posts on X (formerly Twitter), Loudon claimed the TikToker had 'evaded taxes,' was 'living on an invalid visa,' and had finally been 'nabbed in Las Vegas.' He even provided what he claimed was Khaby's A-Number and a screenshot from the ICE detainee locator site. U.S. Immigration Authorities Arrest TikTok Star Khaby LameAccording to American media, TikTok star Khaby Lame, who has over 162 million followers, was arrested by the U.S. Immigration and Customs Enforcement (ICE) due to an expired per the official Department of… But even the official ICE website came up empty. Still, the rumour mill did not stop churning. Reality check: Is it all just noise? Despite the viral drama and far-right celebration online, there is currently no official confirmation from ICE or Khaby's reps. What we do know is this: Khaby Lame was born in Senegal, raised in Italy since he was one year old, and only became an Italian citizen in 2022. He has mostly lived in Italy—so why he would suddenly get arrested in the US is raising more questions than answers. 🚨BREAKING: Far-left ILLEGAL ALIEN TikToker Khaby Lame was just ARRESTED and is now in ICE custody under President Trump.I discovered he was an illegal who overstayed an invalid VISA, evaded taxes, and I personally took action to have him one is above the law! Also, let's not forget that Khaby went from being a laid-off factory worker during the pandemic to becoming a global icon with collaborations alongside Will Smith and Tom Cruise. So, yes—he is kinda a big deal. The internet reacts: Chaos, memes, and confusion While some took the claims at face value and started a cancel-fest, many fans quickly came to his defence, calling the allegations xenophobic and baseless. 'Why would ICE even arrest someone who lives in Italy?' one user questioned. Another wrote, 'Sounds like someone's desperate for clout.' TikTok fame doesn't grant immunity—just ask Khaby Lame and his expired visa. So is Khaby Lame actually in detention or just the target of a social media smear campaign? Until we get that official statement, the internet remains shook, divided, and very, very confused.

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