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India Today
a day ago
- Business
- India Today
Wang Yi in Delhi: Border talks resume as India's trade deficit with China nears $100 billion
Chinese Foreign Minister Wang Yi's arrival in New Delhi on Monday marks the first visit by a top Chinese diplomat since the deadly Galwan Valley clashes in June 2020. His two-day trip will include holding the 24th round of Special Representative talks on the border question with National Security Adviser Ajit is scheduled to meet External Affairs Minister S Jaishankar on Monday evening before he meets with Doval on Tuesday morning. He will later call on Prime Minister Narendra visit is expected to help prepare the ground for Modi's trip to China for the Shanghai Cooperation Organisation Summit in Tianjin at the end of the month. The revival of the border dialogue shows a mutual recognition of the need to ease tensions along the 3,488-kilometre Line of Actual Control (LAC). The meetings will have a broad agenda, including the border situation, trade ties and the possible resumption of flight services between the two countries. However, the trade numbers paint a different picture: India's trade deficit with China ballooned to an unprecedented $99.2 billion in 2024–25, highlighting the economic imbalance between the two data shows India's imports from China surged to $113.5 billion in 2024–25, rising by more than 25 per cent in March alone. Electrical machinery and electronic equipment, including TV and sound recorders, topped the import basket with a value of $38 billion. Imports of iron and steel, their finished products, and aluminium articles highlight India's manufacturing sector's dependence on Chinese on the other hand, have faltered. India shipped just $14.3 billion worth of goods to China in 2024–25, a 14.5 per cent fall from the previous year. Iron ore exports nearly halved, while commodities such as spices and organic chemicals added limited bilateral trade at $127.7 billion, China is India's largest trading partner after the United States. However, unlike the US, with which India enjoys a modest trade surplus, the trade imbalance with China is one of India's sharpest trade deficits. The gap could widen further due to recent developments in US trade policy. President Donald Trump announced a 50 per cent tariff hike on Indian goods from August 27, while granting a temporary 90-day pause on further tariff hikes in its standoff with warn that if the US imposes higher tariffs on China, Chinese exporters could divert their surplus goods to markets like India, which could further widen the trade address this, New Delhi has started protective trade measures with the imposition of anti-dumping duties ranging from 27 to 63 per cent on various products, including vacuum flasks, aluminium foil and plastic processing machines from China and Taiwan. These steps are aimed at protecting domestic industries from cheaper imports.- EndsTune InMust Watch
India Today
5 days ago
- Business
- India Today
US secretly hiding trackers in AI chip shipments to catch illegal diversions to China: Report
US authorities have secretly embedded location tracking devices in selected shipments of advanced chips and AI servers, in an effort to catch illegal diversions to China, according to an exclusive Reuters report. The hidden devices are reportedly part of targeted investigations into high-risk shipments, with the aim of identifying chips that end up in countries under US export restrictions. The trackers, they said, have been used to build cases against individuals and companies suspected of breaking export tactic, while rarely discussed publicly, is not new. US agencies have used tracking devices for decades to monitor goods subject to export controls, from aircraft parts to semiconductors. But their application in the AI chip trade shows the lengths Washington is going to enforce restrictions on China, even as political debates continue over easing some people in the AI server supply chain told Reuters they were aware of trackers being placed in shipments from manufacturers such as Dell and Super Micro, whose servers often contain Nvidia and AMD chips. The devices are typically hidden in packaging — and in some cases, inside the servers themselves. In one 2024 case, a shipment reportedly contained both large trackers the size of smartphones and smaller, discreet devices embedded in boxes and components. It is unclear how often trackers are used or when they became part of semiconductor investigations. The US began restricting sales of advanced chips from Nvidia, AMD and others to China in 2022, and has also curbed exports to agencies may be involved in the practice, including the Department of Commerce's Bureau of Industry and Security, Homeland Security Investigations, and the FBI. The FBI and HSI declined to comment, while the Commerce Department did not named in the report denied involvement. Dell said it was 'not aware of a US Government initiative to place trackers in its product shipments.' Nvidia stated: 'We don't install secret tracking devices in our products.' Super Micro said it does not disclose its 'security practices and policies' and declined to comment on tracking. AMD did not respond to Reuters' request for foreign ministry said it was unaware of the matter. Beijing has previously criticised US chip export controls as attempts to suppress its growth, and last month summoned Nvidia to address concerns over potential 'backdoors' in its products, claims the company has have been a concern among those involved in chip diversion. Two China-based resellers told Reuters they routinely inspect shipments to check for hidden devices. A recent US Justice Department case described one suspect warning another to carefully check Quanta servers containing Nvidia chips for trackers.- EndsTune InMust Watch
India Today
11-08-2025
- Politics
- India Today
Can't reserve posts for men: Top court slams 'arbitrary' male-female quota in Army branch
The Supreme Court on Monday struck down the 2:1 reservation policy for male and female officers in the Indian Army's Judge Advocate General (JAG) branch, ruling that vacancies cannot be reserved for men or restricted for women. The court called the practice "arbitrary" and a violation of the fundamental right to equality."The executive cannot reserve vacancies for men. The seats of six for men and three for women are arbitrary and cannot be allowed under the guise of induction," a bench of Justice Manmohan and Justice Dipankar Datta court affirmed, "The true meaning of gender neutrality and 2023 rules is that Union shall select the most meritorious candidates. Restricting the seats of women is violative of right to equality". Hearing a petition challenging the restriction of women to half the available seats, the bench further remarked that "no nation can be secure if such policies are followed" and directed the government to conduct recruitment and publish a combined merit list for all candidates, including both men and women."To compensate women for their previous non-enrollment, the Union of India shall allocate not less than 50 per cent of the vacancies to women candidates. However, to restrict women to 50 per cent of the seats... despite being meritorious than the male candidates is violative of the right to equality...," the court further top court refused to agree with Additional Solicitor General Aishwarya Bhati's contention that JAG posts are gender-neutral and that a 50:50 selection ratio has been in place since JAG branch of the army, or the Judge Advocate General's Corps, is the legal arm of the military. Its members, known as judge advocates, are lawyers who serve as officers in the army. They provide a wide range of legal services to the military, including commanders, soldiers, and their women candidates seeking appointment to the post challenged the disproportionate allocation of vacancies, arguing that although they ranked 4th and 5th, higher than several male candidates, they were not selected due to the limited vacancies reserved for women. The court directed that one petitioner be inducted into the service, while denying relief to the other, who had joined the Indian Navy during the pendency of the petition. - EndsTune InMust Watch
India Today
09-08-2025
- Business
- India Today
Trump needs love: Deepak Chopra's 2018 Jimmy Fallon remarks go viral
Back in 2018, when Donald Trump was in his first stint as US president, wellness guru Deepak Chopra had a prescription for the man in the Oval Office, which rings true even today. It wasn't a new economic policy or a foreign affairs strategy. It was a healing hug and call for love.'Trump needs love. Trump needs healing,' Chopra had told Jimmy Fallon on The Tonight Show in July 2018, describing the President's 'very wounded' inner child. 'He is constantly looking for validation He was probably not good enough when he was a child. So, he always wants to be the best. "'I am the best. I am the best. And if you do not agree with me, then you are fake news.'' advertisementAt the time, the remark was a lighthearted jab wrapped in Chopra's familiar holistic philosophy. But seven years later, as Trump celebrates 200 days in office in his second term with a tough tariff regime that's upending global markets, the clip has gone viral again — and feels oddly relevant. 'You don't need to break him down. He needs love,' Chopra told Fallon in 2018. 'If the whole country got together and said, 'Donny, we love you,' he'd cool down.'Today, instead of cooling down, Trump is turning up the heat. His administration's latest tariff hikes — targeting allies and rivals alike — are part of a hardline trade policy that's shifting the world order and straining relationships with key partners like India. The same president Chopra once described as 'inflamed' is now inflaming global trade tensions.'Chronic inflammation is a risk factor for everything from Alzheimer's disease to cardiovascular disease to autoimmune disease,' Chopra warned on the show. 'He needs a little healing. He needs love, empathy, compassion, joy.'The uncanny "that-day-this-time" advice has put the social media platforms on fire. As Trump doubles down on tariffs, some on social media are joking that Chopra's week-long meditation retreat offer should be reissued — before the global economy hurtles towards its own healing session.- EndsTune InMust Watch
India Today
09-08-2025
- Politics
- India Today
The Peace President: Trump says winning Nobel Peace Prize would be ‘great honour'
US President Donald Trump says winning the Nobel Peace Prize would be 'a great honor,' but denies he is lobbying for it, casting his recent diplomatic moves as purely about saving at the White House on Friday after unveiling a peace framework between Armenia and Azerbaijan, Trump claimed his mediation efforts in long-running conflicts, especially between Ukraine and Russia, were driven by humanitarian not politicking for it,' Trump told reporters. 'But I would never volunteer. I'm not doing it for that. I'm doing it because of, I really, number one, I want to save lives,' said Trump, adding that is the reason he's 'involved so much with Ukraine and Russia.'for the love of god just give this guy a prize so we can stop hearing about it Aaron Rupar (@atrupar) August 8, 2025 The leaders of Armenia and Azerbaijan echoed praise heard from other world leaders, suggesting Trump's role in brokering talks deserves recognition from the Nobel has hinted before that he would welcome the honour. In his second term, Trump has spoken more openly about wanting to be remembered as a peacemaker — and about his desire to bring home the prize.'I'm involved so much with Ukraine and Russia because I believe President Putin wants to see peace, and Zelenskyy wants to see peace,' Trump said. He acknowledged that any deal 'would likely mean there will be some swapping of territories' but stressed that Ukraine's leader would have a central the event, Trump posted a photo of himself with the Armenian and Azerbaijani leaders, the words 'The Peace President' emblazoned across the top a move likely to keep speculation about his Nobel ambitions alive.- EndsTune InMust Watch
