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India Today
3 hours ago
- India Today
Rahul Gandhi's forecast on trade deal: Modi will bow to Trump tariff deadline
With just three days left for Donald Trump's reciprocal tariffs to kick in, Congress MP Rahul Gandhi stressed that Prime Minister Narendra Modi would meekly bow to the deadline amid a deadlock over the trade reaction came as Union Minister Piyush Goyal asserted that India would enter into a trade agreement with the US only if its interests were protected. Sources had earlier told India Today that an interim trade deal between India and the US was likely to be signed before the July 9 deadline. advertisement"Piyush Goyal can beat his chest all he wants. Mark my words, Modi will meekly bow to the Trump tariff deadline," the Leader of the Opposition in the Lok Sabha THE DELAY IN TRADE DEAL? Trump, who has previously called India a big abuser of tariffs and a "tariff king", had announced a 26% duty on Indian products as part of his April 2 "Liberation Day" reciprocal tariffs. The US President later suspended the tariffs for 90 days, allowing countries to strike a deal with the without an interim trade deal agreement, India must prepare for a 26% tariff.A major sticking point has been India's hard stance on not reducing tariffs on American agricultural imports such as maize and soybeans. The Trump administration's demand for wider access to the dairy sector, which employs over 80 million people in India, has also been a bone of the other hand, India has demanded greater access to US labour-intensive industries, including textiles, gems and jewellery, leather goods, and issue has not been resolved despite India's negotiating team, led by special secretary Rajesh Agarwal, extending their stay in Washington for at a business event in Delhi, Goyal underscored that India would not compromise the interests of farm and dairy sectors."India never enters into trade deals based on deadlines or time pressure. It should be a win-win agreement, and only when India's interests are safeguarded, if a good deal is formed, India is always ready to engage with developed countries," Goyal said.- EndsMust Watch
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First Post
4 hours ago
- First Post
Air India Express skipped critical engine fix, falsified records: Report
DGCA warned parent company Air India for operating three Airbus planes with overdue escape slide checks and, in June, slammed Air India Express for serious pilot duty hour violations read more India's aviation watchdog, the Directorate General of Civil Aviation (DGCA), in March had called out Air India Express for failing to replace engine parts on an Airbus A320, as mandated by the European Union Aviation Safety Agency (EASA). This revelation comes amid increased scrutiny in the country's aviation sector following the deadly Air India plane crash in Ahmedabad. According to a Reuters report citing official records, the airline also submitting falsified documents to fake compliance. STORY CONTINUES BELOW THIS AD Air India Express is a low-cost arm of Air India under the Tata Group and runs a fleet of over 115 planes, flying to more than 50 destinations with about 500 daily flights. What issues were flagged by DGCA? On March 18, the DGCA flagged issues with one of its Airbus planes, specifically aircraft VT-ATD, which flies domestic routes and international ones like Dubai and Muscat, per AirNav Radar. The regulator warned parent company Air India for operating three Airbus planes with overdue escape slide checks and, in June, slammed Air India Express for serious pilot duty hour violations. The DGCA in its notice said: 'This condition, if not corrected, could lead to failure of affected parts, possibly resulting in high energy debris release, with consequent damage to, and reduced control of, the aeroplane.' Back in 2023, EASA raised alarms about manufacturing flaws in CFM International's LEAP-1A engines, ordering airlines to replace certain parts like seals and rotating components. CFM International is the joint venture between GE Aerospace (formerly GE Aviation) and Safran Aircraft Engines, specialising in the design, manufacture, and support of commercial aircraft engines A confidential March government memo, reviewed by Reuters, showed Air India Express didn't make the required engine fixes on time for the A320. Worse, it allegedly tampered with AMOS—the software airlines use to track maintenance—to falsely show the work was done. Air India Express admitted the slip-up and said it's put corrective measures in place, according to Reuters. STORY CONTINUES BELOW THIS AD
Time of India
5 hours ago
- Time of India
Tata Power charts new course with hybrid renewables, eyes nuclear sector entry
Tata Power is transitioning from a pure-play solar and wind company to become a force in the hybrid renewable energy market and is also ready to take part in nuclear power development in future, chairman N Chandrasekaran said on Friday. He was addressing shareholders at the company's 106th Annual General Meeting (AGM). Sharing the future plans of the company, Chandrasekaran said, "The company is transitioning from being a pure-play solar and wind company to being a force in the hybrid renewable energy market." By offering customisable, scalable and end-to-end clean and green energy solutions , Tata Power is enabling net-zero journeys and providing round-the-clock sustainable power for industries and consumers wherever they are, he said. The company is also primed for the anticipated opening up of the nuclear sector for private participation, the chairman said. In his speech, the chairman also remembered Tata Group's chairman emeritus and veteran industrialist Ratan Tata, who passed away last year in October, and expressed grief over the loss of lives in the Air India plane mishap last month. "I would like to acknowledge the heavy loss we have faced in the recent months. Across the entire Tata Group, we honour those who lost their lives, along with all the families and loved ones affected by the Air India Flight 171 tragedy . Late last year, we also bid farewell to (Ratan) Tata," he said. His unwavering commitment has been pivotal to transforming the Tata Group. Speaking further to the shareholders, Chandrasekaran said the company's generation portfolio, including pipeline capacity, has crossed 25 GW mark in FY25. 65 per cent of this capacity is clean and green energy.
