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Trump's Tariffs Rattle Global Markets: Is US Dollar Losing Ground? Ruchir Sharma on Global Impact

Trump's Tariffs Rattle Global Markets: Is US Dollar Losing Ground? Ruchir Sharma on Global Impact

Indian Express7 hours ago
Trump's renewed push for steep tariffs is sparking concern among global investors — and raising fresh questions about the future of the US dollar. Economist Ruchir Sharma weighs in on whether the dollar's dominance is at risk, as rising protectionism and global de-dollarization trends gather momentum. Could Trump's trade policies trigger a long-term shift in global finance? Watch the full breakdown on what lies ahead for the dollar — and what it means for the world economy.
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Skoda Auto Volkswagen India takes the wheel for Bentley: Details here
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Skoda Auto Volkswagen India takes the wheel for Bentley: Details here

Skoda Auto Volkswagen India Pvt Ltd (SAVWIPL) has officially added British super-luxury brand Bentley to the group's portfolio. This move will be effective from July 1, making Bentley the sixth marque under the company's umbrella. As part of the deal, SAVWIPL has taken the responsibility of exclusively importing, distributing and servicing Bentley vehicles across India. All marketing, sales and after-sales operations will be managed by the newly established entity, Bentley India, a group company of SAVWIPL, ANI reported. This group will spearhead the brand's India strategy and oversee its retail network, the news agency reported. Abbey Thomas has been appointed as the Brand Director of Bentley India and will lead the brand's growth and operations in the Indian market. Piyush Arora, Managing Director and CEO of SAVWIPL, said the addition of Bentley "completes the group's portfolio - from the precision of German engineering to the timeless elegance and unmatched performance of British craftsmanship". According to the company's Executive Director, Sales, Marketing and Digital, Jan Bures, the new association will greatly benefit the ever-growing ultra high net worth individual (UHNW) segment. Bures also assured that along with the company's new dealer partners, they will collectively ensure the best of luxury and performance for their customers, the news agency reported, the news report said. Bentley is no stranger to Indian roads as the legendary British brand has been a part of the country's luxury car landscape for more than two decades. Currently, Brentley has a total of 3 car models available in India, which include 1 SUV, 1 Coupe and 1 Sedan with showrooms across Delhi, Mumbai and Hyderabad. The company also mentioned in a statement that integrating the marque within SAVWIPL will further sharpen its focus on the market while assuring customers of world-class standards throughout their ownership journey.

Beyond Political Divide: When BJP, Congress leaders shared stage to award Tazia makers
Beyond Political Divide: When BJP, Congress leaders shared stage to award Tazia makers

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  • Indian Express

Beyond Political Divide: When BJP, Congress leaders shared stage to award Tazia makers

On Sunday, two senior leaders, one each from the ruling BJP and the opposition Congress, attended a Tazia procession being carried out by the Muslim community members on the occasion of Muharram in Surat. During the procession, Gujarat BJP Chief and Union Minister for Jal Shakti C R Paatil attended the procession with Mayor Daxesh Mavani, City BJP President Paresh Patel, and the party's municipal corporators, among others. Tazias with best designs were handed out trophies by Paatil. Former Surat Mayor and senior Congress leader Kadir Pirzada shared the stage with Paatil as the latter recalled instances from the past such as allotment of a piece of land for installing a statue of Chhatrapati Shivaji Maharaj when Pirzada was the Surat mayor or when, following their joint efforts, two public events — celebration of the birth anniversary of the Maratha warrior king and Tazia processions — were held peacefully in Limbayat area of the city. Meanwhile, a former Congress MLA of Savarkundla in Amreli district attended a Tazia procession, a video of which went viral on social media. Speaking to The Indian Express, Dudhat said, 'As a public leader and someone belonging to a party that follows secularism, I participate in both Tazia procession as well as festivals of other religions every year. The video which went viral is of Limdi Chowk, in Savarkundla town of Amreli district, on Sunday afternoon. As a public leader, I got an invitation and not only did I remain present, I also participated in the rituals. During Hindu festivals, the Muslims also took an active part, giving water and soft drinks to the people participating in the Hindu procession.' He further said, 'It is a norm in villages in Gujarat where both Hindus and Muslims participate in each other's religious activities. I have done nothing new.'

Advocates not employees of Bar Councils; complaints committee under PoSH Act not applicable: Bombay HC
Advocates not employees of Bar Councils; complaints committee under PoSH Act not applicable: Bombay HC

Indian Express

time10 minutes ago

  • Indian Express

Advocates not employees of Bar Councils; complaints committee under PoSH Act not applicable: Bombay HC

The Bombay High Court on Monday observed that neither the Bar Council of India (BCI) nor Bar Council of Maharashtra and Goa (BCMG) are employers of advocates. The court said that Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (PoSH Act) applies when employer-employee relationship exists. Therefore, provisions related to formation of Internal Complaints Committees (ICCs) are not applicable to advocates. 'However, the same would apply in so far as it pertains to employees of the BCI as well as BCMG,' the HC noted. It added that the women advocates can raise their grievances, including complaints of sexual harassment under Section 35 of the Advocates Act, 1961 which prescribes punishment for professional as well as other misconduct by lawyers. A bench of Chief Justice Alok Aradhe and Justice Sandeep V Marne disposed of PIL filed in 2017 by the UNS Women Legal Association, which sought formation of permanent grievance redressal mechanism to redress sexual harassment complaints against advocates. Senior advocate Milind Sathe representing BCMG stated that local committees have been formed under Section 6 of the PoSH Act across all districts led by District Magistrates or Collectors. Sathe also submitted that Section 35 of the 1961 law provides any person including woman advocate to lodge complaint before the state bar council for misconduct, including acts of sexual harassment. Advocate Shekhar Jagtap for BCI also submitted that it has formed panels under the law. 'It is evident that the provisions of the Act apply to a case of an employer which presupposes that there has to be an employer and employee relationship. Neither BCI nor BCMG is an employer of advocates. Therefore, the provisions of the 2013 Act do not apply in so far as it pertains to advocates,' the HC noted. 'However, the same would apply insofar as it pertains to employees of the BCI and BCMG. In view of aforesaid, no further orders are required to be passed in the PIL and the same is disposed of,' the court held.

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