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Trump's 25% tariff to hit gems, jewellery, textiles exports
Trump's 25% tariff to hit gems, jewellery, textiles exports

Time of India

time30-07-2025

  • Business
  • Time of India

Trump's 25% tariff to hit gems, jewellery, textiles exports

Jaipur: Exporters in Rajasthan Wednesday expressed concern over the 25% tariff imposed by US President Donald Trump on exports from India. Federation of Rajasthan Exporters (FORE) president and former chairman of Rajasthan Export Promotion Council, Rajeev Arora, said the higher tariff is likely to have a serious negative impact, especially on export-oriented industries like gems, jewellery, and textiles. Tired of too many ads? go ad free now "In 2024, India exported goods worth $87.4 billion to the US, which is about 18% of our total exports. Labour-intensive sectors such as gems, jewellery, and textiles contribute significantly to this. The 25% tariff imposed by the US will make Indian products expensive in the US market, reducing our competitiveness," Arora said. He added, "This tariff not only threatens exports but also millions of jobs, especially in states like Rajasthan where the gems, jewellery, and textiles industries provide large-scale employment." However, Federation of Indian Trade and Industry (FORTI) said Rajasthan's exporters should not be worried yet. Suresh Agarwal, president of FORTI, said, "It is a pressure tactic, which is used to influence the trade talks ongoing between the two countries. India should not succumb to the demands of the US, which will be worse than the 25% tariff." Agarwal said the sixth round of talks between the US and India on the tariff deal is to be held in Aug. "After this, the real tariff rates will be decided. We have to wait for that announcement," he said.

Film City project in Yeida to take off on June 26
Film City project in Yeida to take off on June 26

Hindustan Times

time22-06-2025

  • Business
  • Hindustan Times

Film City project in Yeida to take off on June 26

The upcoming International Film City project in Sector 21 of the Yamuna Expressway Industrial Development Authority (Yeida) along the Yamuna Expressway will take off on June 26 with the foundation laying ceremony, officials said on Saturday. The first phase of the project is estimated to be completed within 18 months after the work starts. Boney Kapoor's consortium submits their plans for the Film City in May. (HT Photo) The Bayview Bhutani Film City Pvt Ltd — a consortium led by film producer Boney Kapoor and the Bhutani Group— is executing the project, which will be divided in three phases. The first phase will spread over 230 acre with an estimated cost of ₹ 1,510 crore. According to Boney Kapoor, in the first phase of the project, multiple film studios and sound stages will be constructed and shooting of films will begin within 18 months. Rajeev Arora, general manager, Bayview Bhutani Film City Pvt Ltd, said Yeida had approved the layout plan for the first phase on June 16. It will also include post-production units, a runway, helipad, galleries resembling the Parliament House, 'char dham' themed sets and solar-powered locations. The Bayview Projects LLP and the Bhutani Group offered the gross revenue share bid of 18 percent in the project. Following the issuance of the Letter of Award, a concession agreement was signed on June 27, 2024, between Yeida and the concessionaire representative Boney Kapoor. In accordance with the agreement, the Right of Way was handed over to the concessionaire on February 27, 2025. The project will be completed in three phases spread across 1,000 acre over the next eight years. In the first phase, construction will take place on 230 acre and in the future, expansion will take place on the remaining 770 acre in second and third phases. In the first 230 acre, main structures like film studios, sound stages, post-production units, and a film institute will be built on 155 acre while a commercial centre with retail, offices and entertainment complexes will be developed on the remaining 75 acre.

SC stays trial against former Haryana IAS officer in Manesar land case
SC stays trial against former Haryana IAS officer in Manesar land case

Hindustan Times

time07-06-2025

  • Politics
  • Hindustan Times

SC stays trial against former Haryana IAS officer in Manesar land case

The Supreme Court has stayed trial proceedings against former Haryana IAS officer Rajeev Arora in the Manesar land deal, investigated by the Central Bureau of Investigation (CBI). The former IAS officer had petitioned the apex court after his revision petition challenging his summoning by a special CBI court was dismissed by the Punjab and Haryana high court on May 15. A special CBI court had on December 1, 2020 ordered that the former IAS officer be summoned to face trial for committing offence under section 120-B read with 420 of the Indian Penal Code (IPC) in the Manesar land matter. However, on a revision petition filed by Arora, the Punjab and Haryana high court on December 14, 2020 had stayed the operation and implementation of the order of the special CBI court. Rejecting the challenge to the special CBI court's December 1, 2020 order, the HC on May15 said it found no illegality or infirmity in the order passed by learned special CBI court in summoning the petitioners. An apex court bench headed by chief justice BR Gavai, however, on May 29 ordered that notice be issued to the respondents and 'proceedings qua the petitioner (Rajeev Arora) shall stand stayed till the next date of hearing.' During the trial court proceedings on Friday, Special CBI judge, Rajeev Goyal while referring to the apex court's order of May 29 ordered that proceedings against all the accused persons except Rajeev Arora shall commence. The special court in its June 6 order noted that it is, therefore, seen that all the accused except accused Dhare Singh, Kulwant Singh Lamba, DR Dhingra and Rajeev Arora, have been ordered to be charge-sheeted qua the offences as detailed in the order December 1, 2020. The court said that now arguments need to be advanced on charges in respect of accused Dhare Singh, Kulwant Singh Lamba and DR Dhingra. Learned defence counsels seek time to prepare the arguments. Learned senior public prosecutor Harsh Mohan Singh submits that charge-sheet may kindly be framed against the accused persons who have already been ordered to be charge-sheeted vide order dated December 1,2020. 'I am not able to accept the submission made by the senior public prosecutor as it will not be appropriate to frame charge-sheet before considering the case concerning framing of charges in respect of accused Dhare Singh, Kulwant Singh Lamba and DR Dhingra. In case, the court after hearing contentions of the said accused persons and senior public prosecutor for CBI, concludes that charges are required to be framed against said accused persons as well, then a consolidated charge-sheet qua all the accused persons shall be framed and in my opinion, it will be more appropriate if such a course is adopted, for framing charge-sheet in a piecemeal manner is not desirable. As such, to come up on July 10, 2025 for arguments on charge qua accused Dhare Singh, Kulwant Singh Lamba and DR Dhingra,'' ordered the special court.

UP youth to get preference in jobs at film institute in Noida Film City
UP youth to get preference in jobs at film institute in Noida Film City

Time of India

time29-05-2025

  • Entertainment
  • Time of India

UP youth to get preference in jobs at film institute in Noida Film City

Lucknow: Youth from the state will be given preference in the state-of-the-art Film Institute being established in the upcoming International Film City near the Yamuna Expressway, an official spokesperson said on Wednesday. Tired of too many ads? go ad free now The International Film City is being developed in Sector 21 under the Yamuna Expressway Industrial Development Authority (YEIDA). The construction of the Film City will be carried out by Bayview Bhutani Film City Pvt Ltd—a consortium led by renowned Bollywood filmmaker and the Bhutani Group. In its first phase, the project will cover 230 acres and involve an investment of Rs 1,510 crore. It will include the construction of multiple studios and the film institute, expected to be completed within the next three years. "The film institute will be one of its kind. In the first phase, it will be built over an area of 3 lakh square feet. The institute will have modern classrooms, studios, editing suites, and a VR lab equipped with the latest technologies. Students will get hands-on experience working on real film projects and will also have access to the latest film-making technologies," said Rajeev Arora, general manager of the company. He added, "Local youth will be given priority in both training and employment. Special preference will be given to the youth from the Yamuna Expressway region and nearby areas, while young people from other parts of Uttar Pradesh will also benefit." He also mentioned that training local youth and offering them jobs will be more cost-effective than hiring staff from Mumbai. This will help create jobs within the film city in areas like studios, production, and more. Tired of too many ads? go ad free now The institute will offer courses in acting, story writing, script writing, editing, camera operation, lighting, spot boy duties, VFX, fashion, and mass communication. In addition, it will provide training and facilities related to film music. There will be workshops, internships, and guest lectures in partnership with production houses, allowing students to learn directly from industry experts. The Film City will also host movie premieres, so that production houses don't have to travel to other cities to launch their films. A comprehensive resource centre will be set up with films, scripts, and academic materials, which will serve as a valuable asset for both students and filmmakers. The institute will also organise film festivals, exhibitions, and competitions, giving students opportunities to showcase their talent. The campus will also include facilities like hostels, a cafeteria, a health centre, and recreational areas for students.

UP: Upcoming Film Institute to offer training in acting, script writing
UP: Upcoming Film Institute to offer training in acting, script writing

United News of India

time28-05-2025

  • Business
  • United News of India

UP: Upcoming Film Institute to offer training in acting, script writing

Lucknow, May 28 (UNI) The upcoming International Film City near the Yamuna Expressway will offer professional training across a wide range of disciplines such as acting, script writing, editing, VFX, camera operation, lighting, fashion, media and mass communication, official sources said here on Wednesday. Sources said that after completing their training, students will be provided employment opportunities within the Film City itself, thereby fostering local job creation and strengthening the region's creative economy. Sources said that the International Film City is being developed in Sector 21 under the Yamuna Expressway Industrial Development Authority (YEIDA). "In its first phase, the project will cover 230 acres and involve an investment of Rs 1,510 crore. The construction of the Film City will be carried out by Bayview Bhutani Film City Private Limited, a consortium led by renowned Bollywood filmmaker Boney Kapoor and the Bhutani Group. The first phase of construction, including multiple studios and the film institute, is expected to be completed within the next three years," they said. The company's General Manager, Rajeev Arora, said that this Film Institute will be one of its kind. "In the first phase, it will be built over an area of 3 lakh square feet. The institute will have modern classrooms, studios, editing suites and a VR lab equipped with the latest technologies. Students will get hands-on experience working on real film projects and will also have access to the latest film-making technologies," he said. He said that local youth will be given priority in both training and employment. "Special preference will be given to the youth from the Yamuna Expressway region and nearby areas, while young people from other parts of Uttar Pradesh will also benefit," he said. Arora said that training local youth and offering them jobs will be more cost-effective than hiring staff from Mumbai. "This will help create jobs within the film city in areas like studios, production and more," he said. The institute will offer courses in acting, story writing, script writing, editing, camera operation, lighting, spot boy duties, VFX, fashion and mass communication. Besides, it will provide training and facilities related to film music. There will be workshops, internships and guest lectures in partnership with production houses, allowing students to learn directly from industry experts. The Film City will also host movie premieres, so that production houses don't have to travel to other cities to launch their films. A comprehensive resource centre will be set up with films, scripts and academic materials, which will serve as a valuable asset for both students and filmmakers. The institute will also organise film festivals, exhibitions and competitions, giving students opportunities to showcase their talent. These events will not only enhance creativity but also help students build industry connections and gain exposure. The campus will also include facilities like hostels, a cafeteria, a health centre and recreational areas for students. These amenities will provide a comfortable and inspiring environment where students can focus on learning and developing their creativity. The institute will not only become a hub for training and employment for young people, but it will also help establish UP as a major centre for the film and entertainment industry. UNI AB GNK 1401

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