Latest news with #OperationSindoorIndia-PakistanClash
Time of India
11-05-2025
- Business
- Time of India
Trump hails 'total reset' in US-China trade relations as talks continue
US President Donald Trump hailed a "total reset" in US-China trade relations , ahead of a second day of talks Sunday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. #Operation Sindoor India-Pakistan Clash Live Updates| Pak moving troops to border areas? All that's happening Why India chose to abstain instead of 'No Vote' against IMF billion-dollar funding to Pakistan How Pak's jihadi general Munir became trapped in his own vice In a Truth Social post early Sunday, Trump praised the "very good" discussions and deemed them "a total reset negotiated in a friendly, but constructive, manner." The second day of closed-door meetings between US Treasury Secretary Scott Bessent, Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng are due to restart in the morning, according to an individual familiar with the talks who was not authorized to speak publicly. "These talks reflect that the current state of the trade relations with these extremely high tariffs is ultimately in the interests of neither the United States nor China," Citigroup global chief economist Nathan Sheets told AFP. The discussions are the first time senior officials from the world's two largest economies have met face-to-face to tackle the thorny topic of trade since Trump slapped steep new levies on China last month, sparking robust retaliation from Beijing. Live Events The levies imposed by Trump on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative US duties on some Chinese goods reaching a staggering 245 percent. In retaliation, China put 125 percent tariffs on US goods, cementing what appears to be a near trade embargo between the two countries. "This is a lose-lose proposition to have tariffs this high," said Sheets, formerly the US Treasury's under secretary for international affairs. Ahead of the meeting, Trump signaled he might lower the tariffs, suggesting on social media that an "80% Tariff on China seems right!" However, his press secretary Karoline Leavitt later clarified that the United States would not lower tariffs unilaterally, and that China would also need to make concessions. - 'An important step' - The first day of negotiations took place Saturday at the residence of the Swiss ambassador to the United Nations in Geneva, a discrete villa with sky blue shutters near a large park on the left bank of Lake Geneva. Going into the meeting, both sides played down expectations of a major change in trade relations, with Bessent saying they would focus on "de-escalation" and not a "big trade deal," and Beijing insisting the United States must ease tariffs first. A commentary published by China's state news agency Xinhua called the talks "an important step in promoting the resolution of the issue." The fact the talks are happening at all "is good news for business, and for the financial markets," said Gary Huffbauer, a senior non-resident fellow at the Peterson Institute for International Economics (PIIE). But Huffbauer cautioned he was "very skeptical that there will be any return to something like normal US-China trade relations," with even a tariff rate of 70 to 80 percent still potentially halving bilateral trade. - China 'better-equipped' - China's vice premier went into the discussions buoyed by Friday's news that China's exports rose last month despite the trade war . The unexpected development was attributed by experts to a re-routing of trade to Southeast Asia to mitigate US tariffs. Among some of the more moderate Trump officials like Bessent and Commerce Secretary Howard Lutnick, "there's a realization that China is better equipped to deal with this trade war than the US," said Huffbauer. The Geneva meeting comes after Trump unveiled a trade agreement with Britain, the first deal with any country since he unleashed his blitz of sweeping global tariffs. The five-page, non-binding deal confirmed to nervous investors that the United States is willing to negotiate sector-specific relief from recent duties, but kept in place a 10 percent baseline levy on most British goods. Following the US-UK trade announcement, analysts have voiced pessimism about the chances of any significant changes to the US-China trade relationship following the talks in Geneva. "I think it's quite possible they'll walk away from Geneva saying how constructive and productive the talks were, but not actually reducing tariffs at all," Huffbauer said. In his Truth Social post late Saturday in Washington, Trump said the two sides had made "GREAT PROGRESS!!" "We want to see, for the good of both China and the U.S., an opening up of China to American business," he added.
Time of India
09-05-2025
- Business
- Time of India
Dixon Technologies partners with NxtCell to manufacture Alcatel smartphones in India
Dixon Technologies said Friday it has entered into an agreement with NxtCell India Private Ltd. to manufacture smartphones for French brand Alcatel. #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures Dixon subsidiary Padget Electronics will start the manufacturing process in the next 12-18 months, the company said in an exchange filing. ET had reported that NxtCell is in talks with Dixon Technologies to manufacture Alcatel phones, in its April 1 edition. "This strategic association with NxtCell India will further strengthen our manufacturing excellence and execution partnership is engineered to deliver high-performance devices, fortify local supply chains, catalyse employment, and stimulate ancillary industries within India's burgeoning Live Events electronics ecosystem," said Atul Lall, managing director, Dixon Technologies. NxtCell India, a fully Indian-owned company headquartered in Gurgaon, holds exclusive brand authorization from TCL to represent and operate the Alcatel brand in India and select international markets. This partnership with NxtCell marks Alcatel's entry into local manufacturing in the Indian market, the company said. Alcatel will be the second smartphone to enter India in the last two years, after Taiwan-based Acer also announced plans to sell smartphones in the country with a partnership with India-based Indkal technologies. Alcatel is investing $30 million to re-enter the India market in the consumer technology segment with a series of smartphones and feature phones, along with ecosystem products, from May, chief business officer, Atul Vivek had told ET.
Time of India
09-05-2025
- Business
- Time of India
Karnataka: BBMP will be Greater Bengaluru from May 15, no new areas to be added for now
Greater Bengaluru will come into effect on May 15 in line with the Greater Bengaluru Governance Act , 2024. The BBMP will be replaced by a new set of corporations and the BBMP will hence be called the Greater Bengaluru Area . #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures The State Cabinet decided to give effect to the law on May 15 without tinkering with the BBMP's existing area of operation spread over 786 sq kms. No new areas would be added for the time being as the city is surrounded by elected gram panchayats. The government may carve out three corporations from the present BBMP for the ease of administration. A clarity on how the new civic bodies will be is expected to emerge over the coming days. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo Both houses of the legislature passed the Bill in March last month. The new governance structure promises to improve the quality of life of citizens by instituting a decentralised administrative framework. The law provides for the Greater Bengaluru Authority (GBA) to supervise and coordinate the greater Bengaluru area. Live Events The proposed law powers ward committees to become basic units of urban governance and facilitate community participation. Industries will heave a sigh of relief as they had feared that the law would subsume the independent townships such as Electronic City Industrial Township Authority (Elcita) and Bidadi Industrial Area Township Authority into Greater Bengaluru. Meanwhile, The Cabinet decided to defer discussions on the caste census report to its next meeting.
Time of India
09-05-2025
- Business
- Time of India
Google wields AI to fight scams on Chrome, Search, Android — Here's how it works
Artificial intelligence (AI) is everywhere now. Users are throwing everything from banal web searches to complex codes and surreal images at the AI agents at their disposal. Now, Google is using its AI assistant Gemini to look for online scams . #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures Google recently revealed how it uses AI to shield users on Search, Chrome and Android. Search by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Belarus (Take A Look At The Prices) Container House Search Now Undo In a blog post dated May 8, Google said it is catching 20 times more "scammy results" in Search using AI, keeping users away from dangerous websites that try to steal personal information. Google uses AI to spot large-scale scam campaigns, for example, airline scams. The internet major says it has already cut down these scams in Search by over 80%. Live Events Chrome Chrome's Enhanced Protection mode offers security against phishing and online scams—twice as effective as Google's Standard Protection, the tech major said. It is now using Gemini Nano, a smart on-device AI, to boost scam protection for Enhanced Protection users on desktop. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Because Gemini Nano works directly on the device, it can spot new scams instantly, even ones that haven't been seen before. The AI is especially good at understanding complex websites, helping it react quickly to new scam techniques. It's already being used to block tech support scams, which are among the most common and dangerous online threats. Google plans to expand this AI protection to Android devices and cover more types of scams in the future. Android To check scamsters trying to get in through website notifications, Chrome on Android is introducing AI-powered warnings to spot spammy or misleading notifications. If a notification looks suspicious, Chrome's on-device AI will show a warning, giving the user the choice to unsubscribe or check what was blocked. If the alert was wrong, the user can still allow future notifications from that site. For scams through calls and text messages, Google has launched on-device AI-powered Scam Detection in Messages and Phone apps on Android.
Time of India
09-05-2025
- Entertainment
- Time of India
Blake Lively's legal team breaks silence on Taylor Swift's possible testimony in explosive Justin Baldoni lawsuit
Tensions are rising as Blake Lively 's legal battle with Justin Baldoni gains momentum. Rumours are swirling about Taylor Swift 's possible involvement in the trial. Taylor Swift's involvement in Baldoni's countersuit drew attention from across Hollywood. #Operation Sindoor India-Pakistan Clash Live Updates| Missiles, shelling, and attacks — here's all that's happening Pakistani Air Force jet shot down in Pathankot by Indian Air Defence: Sources India on high alert: What's shut, who's on leave, and state-wise emergency measures Contrary to rumors, Blake Lively's attorney has finally broken the silence and set the record straight. In March 2026, Blake Lively and Justin Baldoni are set to appear in court; however, the larger question that looms is, will Taylor Swift testify? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Swift's involvement in Lively's case with her It Ends With Us co-star and director was discussed by the actress's attorney in his initial interview, as per a report by SheKnows. The pop sensation was mentioned in Baldoni's countersuit against Lively, which was his response to her lawsuit from December, in which she accused him of sexually harassing her and participating in a smear campaign against her. Live Events "Anyone who had any knowledge of this situation, regardless of their celebrity status, will be subpoenaed," sources told People in April. Is the court taking celebrity subpoenas seriously? Blake Lively's lawyer, Mike Gottlieb, is correcting the record, though. According to Lively's lawyer, a federal court would not "tolerate" Baldoni's team's attempt to subpoena Swift for the case. Blake Lively's lawyer says Taylor Swift is unlikely to testify in her lawsuit against Justin Baldoni. Swift is named in the countersuit, but attorney Mike Gottlieb claims she is irrelevant to the case. "What any of these celebrities' claims or defences in the case have any relevance to at all is totally unclear," Gottlieb stated. Besides Taylor Swift, Hugh Jackman, a friend of Lively and her husband, Ryan Reynolds, was listed as a potential subpoena recipient. Jackman and Swift are unrelated to the case, according to Gottlieb. "Blake Lively's allegations of sexual harassment on the set are the subject of this case," he stated. It has nothing to do with the selection of songs for the film. It has nothing to do with the made-up Marvel characters in Deadpool films. "Therefore, you must enquire as to why these individuals are being subpoenaed." Gottlieb went on. You cannot simply subpoena famous people because you believe it will make for a lot of news stories, as quoted in a report by SheKnows. Why was Taylor Swift named in the lawsuit? Justin Baldoni claims Lively used Taylor Swift and Ryan Reynolds to influence the film's direction, but Lively's team strongly denies any manipulation. According to Baldoni's team, Lively and Reynolds tried to exert control over the project by using Swift to persuade the director to approve their rewrite of It Ends With Us scenes. According to a January filing from Baldoni, Lively called the pop star one of her "dragons" in a purported text exchange. Brian Freedman, Baldoni's attorney, reacted angrily to Gottlieb's claims, claiming that unedited receipts, documents, and actual video footage have amply demonstrated the truth. FAQs Will Taylor Swift testify at Blake Lively's trial? Blake Lively's lawyer believes it is unlikely and sees no legal justification for her involvement. Why is Taylor Swift involved in this case? Justin Baldoni claims Lively used Swift to press him for script changes, but Blake Lively's lawyer denies this.
