logo
India to ally with Russia, China to end America's economic 'hooliganism': Yoga guru Ramdev

India to ally with Russia, China to end America's economic 'hooliganism': Yoga guru Ramdev

Time of Indiaa day ago
Yoga guru Ramdev on Friday claimed that India will soon join hands with Russia and China to put an end to the "political and
economic hooliganism
of America".
Independence Day 2025
Modi signals new push for tech independence with local chips
Before Trump, British used tariffs to kill Indian textile
Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency
After hoisting the national flag at the
Patanjali University
and
Patanjali Yoga
Bhavan here to mark the 79th Independence Day, Ramdev claimed a new alliance is being formed in the world between India, Russia and China, besides some other European and central Asian countries.
Stating that the new alliance will carry a very good message for the world, he said India has decided to "stand up and not bow down before America".
Attacking US President Donald Trump for his "Indian economy is dead" remark, Ramdev said it is not only alive, but also progressing rapidly.
"Three-hundred years ago, India's economy was worth 400-500 trillion dollars, which was first looted by the Mughals and then by the British. But India is still standing tall today," he claimed.
Live Events
"We have to make India self-reliant and go for indigenous (swadeshi) products," Ramdev said.
He also made the Patanjali workers and seers present on the occasion take a pledge to adopt indigenous products in the field of economics, education and medicine to achieve "ideological and intellectual freedom".
"India is engaged in creating a
new world order
to end the political and economic hooliganism of America. If a new alliance is formed between Russia, China, India, some countries from central Asia, some from Europe and Africa, we will show America and Trump their place. There will be no empire of Trump and America in the world," he said.
On Pakistan's nuclear threat, he ridiculed the neighbouring country and said even the few nuclear bombs it has are not its own but belong to another nation.
"Not only this, the country which has these nuclear bombs has hidden them to pressurise India. But India put an end to this threat by bringing Pakistan to its knees through
Operation Sindoor
," he said.
The general secretary of Patanjali Yogpeeth, Balkrishna, also spoke on the occasion and highlighted the work done by Patanjali in the field of ayurveda, yoga and education.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US ready to be part of security guarantees for Ukraine, Germany's Merz says
US ready to be part of security guarantees for Ukraine, Germany's Merz says

Indian Express

time14 minutes ago

  • Indian Express

US ready to be part of security guarantees for Ukraine, Germany's Merz says

The United States is prepared to take part in security guarantees for Ukraine, German Chancellor Friedrich Merz said on Saturday, according to Reuters. Speaking to German broadcaster ZDF, Merz said he and other European leaders had been briefed by US President Donald Trump following his meeting in Alaska with Russian President Vladimir Putin. 'The good news is that America is ready to participate in such security guarantees and is not leaving it to the Europeans alone,' Merz said. Ukrainian President Volodymyr Zelenskyy will meet Trump in Washington on Monday. Merz told ZDF that a three-way meeting between Trump, Putin and Zelenskyy should follow soon with the aim of agreeing to a peace deal. 'If that works out, it's worth more than a ceasefire,' he said. Merz added that Trump suggested Russia might be willing to negotiate on the basis of current front lines rather than the wider regional borders Moscow claims. 'This is a huge difference because Russia is claiming territories that it hasn't occupied yet,' he told ZDF. In a separate interview with broadcaster n-tv, Merz said he did not expect Zelenskyy's talks with Trump to be as difficult as those in February, when the two leaders clashed publicly. He said European leaders would speak with Zelenskyy on Sunday to help him prepare. 'We'll give a few good pieces of advice,' Merz said. Merz also stressed that while European unity was important, the US would remain central to the conflict. 'The American president has the power both militarily and via appropriate sanctions and tariffs to ensure that Russia moves more than it currently does,' he told Reuters.

Trump tariffs: Why gem & jewellery sector fears rivals could undercut Indian exports
Trump tariffs: Why gem & jewellery sector fears rivals could undercut Indian exports

Indian Express

time14 minutes ago

  • Indian Express

Trump tariffs: Why gem & jewellery sector fears rivals could undercut Indian exports

Facing a sharp blow from the US' steep tariff hike, India's gem and jewellery export industry has sought government intervention to cushion the impact and sustain its competitiveness in global markets. The sector finds itself at a crossroads, as rivals like Turkey, Vietnam and Thailand continue to enjoy significantly lower tariffs, making Indian products less attractive in the lucrative American market. The US accounts for nearly 30 per cent — or close to $10 billion — of the total gem and jewellery exports. Kirit Bhansali, chairman of the Gem & Jewellery Export Promotion Council (GJEPC), warned that unless corrective action is taken, India risks losing its hard-won position as a key supplier to the US. The threat isn't just financial — it's strategic. Bhansali expressed concern that international trade may start rerouting via low-tariff countries like Mexico, Canada, UAE, Oman and Turkey, undermining transparency and sidelining legitimate Indian players. This is particularly alarming since 85 per cent of exports from the SEEPZ Special Economic Zone — that employs over 50,000 people — are to the US. For cut and polished diamonds, the US remains the market for nearly half of India's total exports. A prolonged tariff standoff, Bhansali warned, could bring the industry to a grinding halt. The industry has asked the government to roll out a targeted scheme — similar to the Duty Drawback — that would reimburse 25–50 per cent of the new US-bound tariff burden between August and December 2025. GJEPC believes this is vital to prevent disruption across the value chain, stretching from artisanal karigars to large-scale manufacturers. In addition to tariff relief, exporters are calling for temporary financial breathing space. They've requested a six-month deferment on interest payments, a measure that echoes the pandemic-era support extended by lending institutions. With cancelled orders threatening to lock up working capital and push units towards non-performing asset (NPA) status, the Council has urged the government to allow SEZ units to release unsold stock into the domestic market. The sector is also grappling with shipment delays triggered by global uncertainty. To address this, banks are being asked to extend pre-shipment loan due dates by 90 days without penalties. The GJEPC has also called for the reintroduction of the interest subvention scheme, which could offer much-needed liquidity during a period of heightened risk. It has asked both the Centre and the RBI to consider short-term relief packages tailored to the sector's needs. Ironically, while the threat looms large, recent data points to a short-term spike in trade. Gross exports of gems and jewellery rose by nearly 16 per cent in July 2025, reaching $2.18 billion (Rs 18,756 crore), up from $1.88 billion (Rs 15,700 crore) a year ago. Imports too surged 26.5 per cent, as traders rushed to complete orders before the tariff hike took effect in August. A similar surge was seen in cut and polished diamond exports, which jumped nearly 18 per cent to $1.07 billion (Rs 9,230 crore), largely due to pre-emptive stocking by global buyers. This uptick, however, may be short-lived. Colin Shah, MD of Kama Jewelry, termed July's performance as a 'cautionary uptick' — a final flourish before the sector feels the full weight of tariff-induced drag. While new trade agreements like the India-UAE CEPA have unlocked opportunities, the broader landscape remains volatile. High gold prices, geopolitical uncertainty, and unstable metal markets continue to cloud the outlook, he said. The festive and wedding seasons in India may help absorb some of the shock by boosting domestic demand. But for the export-reliant segment, all eyes are now on the trajectory of India-US trade negotiations. With the current 50 per cent tariffs in place, sustaining recent growth could prove difficult, and industry leaders are hoping that policymakers will step in before the sparkle fades.

In first remarks after meeting Trump, Putin calls Alaska summit ‘timely and extremely useful'
In first remarks after meeting Trump, Putin calls Alaska summit ‘timely and extremely useful'

Indian Express

time14 minutes ago

  • Indian Express

In first remarks after meeting Trump, Putin calls Alaska summit ‘timely and extremely useful'

Russian President Vladimir Putin said on Saturday that his summit with US President Donald Trump in Alaska had been 'timely and extremely useful,' adding that Moscow respected Washington's position on the Ukraine conflict and continued to seek a peaceful resolution. Putin gave the remarks in a televised meeting of senior officials in the Kremlin, Reuters reported. Trump, who entered the high-stakes summit warning he 'won't be happy' without a ceasefire and threatening 'severe consequences' if Moscow refused to cooperate, also shelved his threats and instead called the talks 'extremely productive,' after the three-hour meeting with the Russian side that yielded no tangible results. On Saturday, Trump dropped plans for an immediate ceasefire, writing on Truth Social that 'the best way to end the horrific war between Russia and Ukraine is to go directly to a Peace Agreement, and not a mere Ceasefire Agreement, which often do not hold up.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store