Latest news with #LovelyProfessionalUniversity
Hindustan Times
5 days ago
- Business
- Hindustan Times
‘What if Indians boycott American firms': AAP MP's firm open letter to Donald Trump over 50% tariffs
AAP Rajya Sabha MP and chancellor of Lovely Professional University, Ashok Kumar Mittal, wrote an open letter to US President Donald Trump on Thursday over the imposition of a 50 per cent tariff on India. He cautioned that if Indians were to form a strategic restriction of American business, then there would be a far more "severe" impact on Washington. The LPU chancellor warned Trump that if Indians chose to form a strategic restriction of American business, then the impact would be far more severe on the US. (ANI) Posting his open letter on X, Mittal asked, "What if 146 crore Indians boycott American companies operating in India?" The Rajya Sabha MP termed Trump's move to raise India's tariff to 50 per cent due to the country's Russian oil purchase as "deeply disappointing". He also referred to the US President's "dead economy" remark and said that this very economy is the "4th largest in the world, soon to be third, and remains the fastest growing among major nations". Mittal highlighted that American companies generate more than $80 billion annually from the Indian market across various sectors, including tech, education, finance, and IP. He noted that the US digital economy runs on code, much of which, he added, "is written in India". "It is also telling that your close ally, the European Union, recorded over €67.5 billion in trade with Russia last year, including record LNG imports, even as it calls for others to scale back. What is more surprising is that the United States continues to quietly import uranium, palladium, as well as chemicals from Russia. Should a nation pressurise India against trade with Russia when it itself relies on the Kremlin for its domestic interests?" Mittal added. The AAP leader recalled that the Swadeshi Movement was launched in India on August 7, 1905, describing it as a powerful assertion of economic self-reliance against foreign control. "If 146 crore Indians were to channel that spirit today and initiate a strategic restriction of US businesses, the impact would be far more severe for the United States than for India," he added. Mittal said that while India has stood by the US so far because of its 'Vasudhaiva Kutumbakam' spirit, the future now lies in the hands of those who understand that diplomacy and cooperation are the way forward, not reciprocal tariffs. "Mr President, let us choose dialogue over discord, coordination over coercion. Let us shape the future - through respect, resolve, and renewed commitment to a rules-based global order," Mittal concluded his letter to Trump. Several opposition leaders, including Congress leader Shashi Tharoor, have expressed discontent over the tariffs imposed on India by Trump. US President Donald Trump had initially announced a tariff of 25 per cent on India and an unspecified penalty for the country's purchases from Russia. On Wednesday, the White House announced that Trump was imposing an additional 25 per cent levy on Indian goods due to New Delhi's trade with Russia, taking the total tariffs to 50 per cent. India termed the US President's move to raise the tariffs as "unfair, unjustified and unreasonable". The ministry of external affairs said that India will take all the actions necessary to protect its national interests.
Mint
5 days ago
- Business
- Mint
‘Impact would be far more severe': AAP MP warns US Biz boycott in India over Trump tariffs
Aam Aadmi Party (AAP) Member of Parliament (MP) Ashok Kumar Mittal on Thursday strongly criticised United States President Donald Trump's announcement of a 25 per cent additional tariff on Indian products, calling it 'illogical' and accusing Washington of applying 'double standards' in its trade policies. In an open letter to Trump, Mittal has urged the US President to 'choose dialogue over discord, coordination over coercion.' 'India is a 'dead economy,' you said. Yet this 'dead' economy is the 4th largest in the world, soon to be third, and remains the fastest growing among major nations. American companies generate $80+ billion annually from the Indian market across education, tech, finance, and IP," Mittal wrote in the letter. Mittal's letter comes a day after US President Donald Trump signed an Executive Order imposing an additional 25 per cent tariff on imports from India. 'India's position as the third-largest air transport market holds deep strategic value for the US, with deals worth $2.45 billion signed in 2022 alone. The US digital economy runs on code—much of it written in India,' Mittal, who is also Founder Chancellor of Lovely Professional University, said in the letter While the initial 25 per cent duty becomes effective on 7 August, the additional levy will come into effect after 21 days and will be imposed on all Indian goods imported into the US, except for goods already in transit or those meeting specific exemptions. Mittal, in earlier comments, defended India's purchase of oil from Russia and questioned the legitimacy of US criticism. It is important to note that on this day, 7 August, the Swadeshi Movement was launched in 1905—a powerful assertion of economic self-reliance against foreign control, the letter reads. 'If 146 crore Indians were to channel that spirit today and initiate a strategic restriction of US businesses, the impact would be far more severe for the United States than for India,'Mittal wrote The future now lies in the hands of those who understand that diplomacy and cooperation are the way forward, not sweeping tariffs, reads the letter. 'Mr President, let us choose dialogue over discord, coordination over coercion. Let us shape the future - through respect, resolve, and renewed commitment to a rules-based global order,' it said. India has termed the United States' move to impose additional tariffs on India over its oil imports from Russia as "unfair, unjustified and unreasonable." If 146 crore Indians were to channel that spirit today and initiate a strategic restriction of US businesses, the impact would be far more severe for the United States than for India. Ministry of External Affairs said New Delhi will take "all actions necessary to protect its national interests."
India Today
15-07-2025
- Business
- India Today
Are Indian business leaders ready to use AI for talent development?
As artificial intelligence (AI) rapidly transforms the global workforce, Indian business leaders find themselves at a critical juncture in integrating AI-driven strategies to build robust talent pipelines. While AI adoption is accelerating across industries in India, the readiness of leadership to harness AI's full potential in talent development remains uneven and nascent.A significant number of Indian business leaders are still at the early stages of AI adoption, often limiting their engagement to basic generative AI tools like to Sidharth Thakur, Director of Grassik Search, 'leaders are not directly involved in building talent pipelines but are part of the overall process. AI's influence is primarily visible in IT and tech recruitment, where it helps sift through large volumes of CVs based on specific skill sets. However, the broader penetration of AI in talent management remains very low, with organisations only beginning to leverage technology platforms for this purpose.' Despite the widespread discussion of AI in Indian industry forums, substantial gaps persist on the ground. Rajesh Verma, Senior Dean at Mittal School of Business, Lovely Professional University, highlights that 'many leaders still function more as consumers of AI solutions rather than creators of AI-driven build future-ready talent pipelines, leaders must develop strategic AI fluency—including understanding AI models, ethical considerations, and productivity tools—and cascade this knowledge through structured training, academic partnerships, and cross-functional projects.' These programs should target not just tech teams but also HR, operations, and senior management to foster a holistic understanding of AI's potential in talent THE CAPABILITY GAPPhani Tangirala, MD & CEO of Expleo Solutions Limited, cites 'a broad awareness and eagerness to integrate AI, but also a noticeable capability gap due to legacy systems and complex business environments. The reality is compelling organisations to invest in upskilling beyond basic AI usage and collaborate more closely with AI specialists and academic institutions to foster AI literacy both technically and contextually.'Leadership readiness is not just about adopting AI tools but about fostering an ecosystem where technology, talent, and trust converge to create enterprise value. 'Building an AI-enabled workforce requires reimagining roles, redefining competencies, and scaling upskilling initiatives. The real challenge lies in shifting mindsets and execution from viewing AI as merely a tool to embracing it as a core driver of business and workforce strategy,' explains Ruchika Godha, COO, IMPERATIVE FOR LEADERSHIPIndian business leaders are at the cusp of an AI-driven transformation in talent development but face significant challenges in AI fluency and strategic integration. While AI adoption is a top priority for nearly all business leaders, the gap between aspiration and preparedness remains wide. As John Kallelil, Founder and CEO of XED, notes, 'Indian business leaders aren't short on AI exposure—they're short on strategic fluency. While awareness is high, the ability to translate AI's potential into enterprise-wide transformation remains limited.'advertisementAI fluency must be cultivated across the C-suite and mid-level leaders to build a common language of AI. HR functions should be treated as AI labs, leveraging real-time data and behavioural insights to pilot AI in hiring, engagement, and learning. Importantly, leaders must move from proof of concept to proof of trust by co-creating guidelines with employees and transparently communicating AI's role in human-first, bold approach is crucial for India to capitalise on its demographic dividend and digital depth to create exponential talent capacity. Only by moving beyond basic AI usage to strategic leadership can Indian companies build agile, data-informed talent pipelines that secure their competitive edge in a rapidly evolving global landscape.- EndsTrending Reel
The Hindu
24-06-2025
- Sport
- The Hindu
Two para-athletes from Warangal selected for taekwondo championship in Malaysia
Two para-taekwondo athletes from Warangal, E. Goutham Yadav and K. Shiva have been selected to represent India at the 10th Asian Para Taekwondo Championship G4, scheduled to be held from July 28 to 30 in Malaysia, said Telangana Para Taekwondo Association general secretary E. Ganesh Yadav in a press note on Tuesday. The national selection trials took place at Lovely Professional University in Punjab on June 22 and 23, with five athletes from Telangana delivering strong performances. Yadav (P51 category) and Shiva (P52 category) both secured first place in their respective categories. M. Krishnaveni and Sakku Baih, both in the P70 category, were placed second and third, respectively, while Md. Abdul secured third place in the P52 category. The federation announced that athletes who secured first, second and third positions would be selected for the India camp. Telangana Para Taekwondo Association president N.S. Dileep expressed heartfelt congratulations to the selected athletes. S. Babu, president of the Telangana Para Sports Association, also extended warm wishes to the duo.
India Today
23-06-2025
- Science
- India Today
Andhra woman becomes first Indian to complete Nasa program, to go to space in 2029
Dangeti Jahnavi from Palakollu in Andhra Pradesh's West Godavari district is set to travel to space in 2029. A graduate in Electronics and Communication Engineering, Jahnavi holds the distinction of being the first Indian to successfully complete NASA's prestigious International Air and Space has been selected to travel to the Titan's Orbital Port Space Station, a US-based project slated for inauguration in the next four space enthusiast completed her undergraduate studies at Lovely Professional University in Punjab, after finishing her Intermediate education in her hometown of Palakollu. Her parents, Srinivas and Padmasri, currently reside in Kuwait for work. Jahnavi is known for her active engagement in the field of STEM education and space outreach. She has delivered talks for ISRO's educational programs and addressed students at premier institutions including National Institutes of Technology (NITs) across the country. She also regularly takes part in analog missions, deep-sea diving, and global conferences related to planetary science and sustainability in long-duration space contributions to the International Astronomical Search Collaboration led to a provisional asteroid discovery, based on data from the Panoramic Survey Telescope and Rapid Response System (Pan-STARRS). She was also the youngest foreign analog astronaut and the first Indian chosen for Space Iceland's geology the years, Jahnavi has been recognised with numerous accolades including the People's Choice Award at the NASA Space Apps Challenge and the ISRO World Space Week Young Achiever Award.- Ends IN THIS STORY#Andhra Pradesh
