
Nitish Kumar recalibrates caste math ahead of Bihar polls
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With the Bihar assembly elections approaching, Chief Minister Nitish Kumar is reshuffling key posts to fine-tune the caste equations crucial to his strategy.In recent days, he appointed former JDU MP Gulam Rasool Balyawi as chairman of the Minority Commission - a move seen as outreach to Muslim voters displeased with the party's support for the Waqf Bill. Balyawi, a vocal critic of the bill, is joined by several other minority leaders on the panel.To appeal to other caste blocs, Kumar named BJP's Mahachandra Prasad as head of the Upper Caste Commission and JDU's Rajeev Ranjan as vice president. The post had been lying vacant for years. He also appointed BJP's Shailendra Kumar as chief of the Tribal Commission, again filling long-pending vacancies. These appointments signal Kumar's intent to consolidate social support across the board as elections near.

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Time of India
20 minutes ago
- Time of India
India-US trade pact: Effort on to facilitate preferential market access for both sides, says Piyush Goyal
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel India and the United States are keen on providing preferential market access to each other's businesses, with teams from both nations collaborating on a proposed bilateral trade agreement, Commerce Minister Piyush Goyal said on June 2. In February, Donald Trump and Narendra Modi underlined the two sides' intentions to negotiate the initial phase of a mutually advantageous multi-sector Bilateral Trade Agreement (BTA) by the fall of 2025, specifically targeting agreement aims to increase bilateral trade from the current figure of $191 billion to $500 billion by the year told reporters in Paris, during an official visit, that both nations are dedicated to collaborating and that there is a mutual desire to provide preferential access to each other's response to a question regarding Trump's announcement to raise tariffs on steel and aluminum to 50 per cent, Goyal stated that both countries will continue to work on resolving such issues through bilateral discussions."Let's wait and see; both the US and India share a positive relationship and will persist in resolving these matters through dialogue," Goyal specialists have indicated that the Trump administration's potential increase in import duties could adversely affect Indian exporters, particularly those involved in value-added steel products and auto May 30, Trump declared his plan to raise the existing 25 per cent tariffs on steel and aluminum imports, effective June 4. The initial tariffs were invoked in 2018, with a 25 per cent tariff on steel and 10 per cent on aluminum, which was later raised to 25 per cent on aluminum in February the fiscal year 2024-25, India exported iron, steel, and aluminum products worth $4.56 billion to the US, with key exports including $587.5 million in iron and steel, $3.1 billion in iron or steel articles, and $860 million in aluminum and related has also lodged a formal complaint with the World Trade Organization (WTO), asserting its right to impose retaliatory tariffs on American goods in reaction to the previous steel tariffs. This week, a delegation of US officials is visiting India to discuss the proposed interim trade agreement between the two significance of this visit is heightened by the expectation that India and the US may reach an interim trade agreement by the end of June, with India advocating for a complete exemption from the 26 per cent reciprocal tariff on domestic Agrawal, India's chief negotiator and Special Secretary in the Department of Commerce, concluded a four-day visit to Washington last month, where he engaged in discussions with his US counterpart regarding the proposed agreement. Goyal was also in Washington to further advance trade negotiations. There is a possibility that both nations might finalize an interim trade deal prior to the first phase the fourth consecutive year in 2024-25, the US maintained its status as India's largest trading partner, with bilateral trade reaching $131.84 billion. The US contributes approximately 18 per cent to India's total goods exports, 6.22 per cent to imports, and 10.73 per cent to the overall merchandise trade of the India's free trade agreement with the four-nation European bloc EFTA, Goyal clarified that the $100 billion foreign direct investment (FDI) commitment under this agreement does not account for funds entering the stock market through foreign institutional investors (FIIs)."This represents solid FDI coming into the nation... This $100 billion in FDI is accompanied by technologies... It will likely catalyze approximately $500 billion in investments," he stated. He emphasized that such investments would foster the development of a comprehensive ecosystem, leading to the establishment of hotels, infrastructure, and the utilization of power and water resources, thus significantly contributing to the economy. The implementation of this pact is advancing rapidly, with expectations for it to be operational by the year's Trade and Economic Partnership Agreement (TEPA) was signed by the two sides on March 10, 2024. Under this agreement, India has secured an investment pledge of $100 billion over 15 years from the grouping, while allowing several products, including Swiss watches, chocolates, and cut and polished diamonds, to be imported at lower or zero members of the European Free Trade Association (EFTA) include Iceland, Liechtenstein, Norway, and Switzerland. When queried about the possibility of a similar arrangement in the proposed trade pact with the 27-nation EU bloc, Goyal remarked, "The member countries are significant investors in India, so we may not pursue that avenue in our FTA with the EU."
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Business Standard
22 minutes ago
- Business Standard
Unease around Akash Anand's political journey natural, says Mayawati
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Hans India
27 minutes ago
- Hans India
TTD board member accuses YSRCP of plot to tarnish temple's image
Tirupati: Tirumala Tirupati Devasthanams (TTD) Board Member G Bhanu Prakash Reddy has written to the Director General of Police (DGP) seeking a detailed investigation into what he described as a deliberate and coordinated attempt by the YSR Congress Party (YSRCP) to malign the TTD and destabilise the newly elected State government. In his letter, Bhanu alleged that the YSRCP, unable to accept its defeat in the 2024 Assembly elections, has been engaging in a sustained campaign of misinformation aimed at creating public distrust against the TTD and the government led by Chief Minister N Chandrababu Naidu. He claimed that YSRCP leaders were orchestrating a series of incidents and leveraging social media to spread false narratives and provoke unrest. Citing examples, he referred to a recent allegation by former MLA and YSRCP leader Bhumana Karunakar Reddy, who accused TTD of negligence, claiming that hundreds of cows had died in its Goshala due to mismanagement. Bhanu rejected these claims as 'false and baseless.' He also highlighted the circulation of a video showing a Muslim man performing Namaz within Tirumala temple premises, which the board member said was a violation of TTD norms. He alleged that YSRCP leaders had used the video to target the TTD administration and incite public anger. Another incident cited by him involved a YSRCP supporter allegedly raising slogans against the TTD chairman while in a temple queue line. He described this as a 'deliberately staged act' aimed at discrediting the TTD and the ruling NDA government. 'These are not isolated events and form part of a larger, carefully planned conspiracy by the YSRCP leadership to undermine the TTD's reputation and destabilise the state government', he said. Bhanu urged the DGP to initiate a criminal investigation into the matter, alleging that misleading content was being deliberately created and disseminated across social, electronic, and print media platforms to achieve political objectives.