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India Today
18 minutes ago
- India Today
Photos: Protests and celebrations mark a divided Fourth of July in America
The Fourth of July traditionally brings parades, backyard barbecues, and fireworks lighting up the night sky a celebration of all things this Independence Day may feel different for many Americans. Around the country, there are protests against Trump's polices, and in places like Southern California, where immigration raids have rattled communities, some July Fourth celebrations were the celebrations and demonstrations, the historical significance remains: On July 4, 1776, the Second Continental Congress unanimously adopted the Declaration of Independence, declaring the colonies' break from British rule. NOW: President Trump and Melania do the Trump dance on the balcony as the Marine band plays to commemorate Independence DaySo thankful these two are living in the White House! Nick Sortor (@nicksortor) July 5, 2025advertisement President Donald Trump and First Lady Melania Trump danced along to the music as fireworks illuminated the National Mall. The duo joined in the festive spirit during the Independence Day celebration in Washington, of the US Army Old Guard Fife and Drum Corps perform during Fourth of July festivities at the National Archives, Friday, July 4, 2025, in in an antique car prepare to take part in the Independence Day Parade in Santa US citizen Kamilla Giliazova, from Russia, poses for a portrait following the Naturalization Ceremony on Independence Day at George Washington's Mount VernonPeople stand and take the Naturalization Oath of Allegiance on Independence Day at George protesting against President Donald Trump and his policies march toward the White HouseMembers of the Southern California Surf Academy prepare to participate in the Independence Day Parade in Santa Monica, Calif. on Friday.A demonstrator takes part in a protest at City Hall against President Donald Trump's policies.- EndsMust Watch


Time of India
23 minutes ago
- Time of India
ReNew Energy Global consortium raises buyout offer to $8 per share in $880 million bid
A consortium of key shareholders of ReNew Energy Global has raised the offer price to $8 per share from $7.07 last December for buying out other shareholders in a $880 million bid to delist the company. ReNew on Friday said it has received "a final non-binding offer" from the consortium of Abu Dhabi Future Energy Company PJSC-Masdar, Canada Pension Plan Investment Board , Platinum Hawk, and ReNew founder and chairman Sumant Sinha, to acquire the entire issued and to-be-issued share capital of the company currently not held by them. At $8 per share, the consortium will have to pay $880 million to other shareholders who together own 27.5 per cent stake in ReNew. The revised offer lifted shares of ReNew, which closed 11% higher at $7.67 apiece on Thursday on the Nasdaq . If the consortium succeeds in buying out all other shareholders, it will be able to delist ReNew shares from Nasdaq where it has underperformed since its listing in 2021. Policy support to the renewable energy sector has waned in recent months in the US after the return of President Donald Trump's administration. Renewable energy producers however enjoyed a decent run in India's private and public markets. A special committee of independent directors was formed in December to consider the consortium's proposal. The panel is in the process of evaluating the final non-binding offer, the company said. So far, no shares have been tendered by other shareholders to the consortium. The consortium engaged with the panel for months and undertook due diligence before deciding to revise its offer price. "Our due diligence investigation has allowed us to assess the performance of the company and its outlook and refine our view on valuation," the consortium wrote in an email to the committee on July 2, a copy of which has been filed with the US market regulator.


India Gazette
39 minutes ago
- India Gazette
Trump signals progress on India Trade, criticizes Japan stance
WASHINGTON, D.C.: President Donald Trump says the United States could soon reach a trade deal with India. He believes this deal would help American companies do more business in India and reduce the high tariffs they currently face. However, he cast doubt on making a similar deal with Japan. Speaking to reporters on Air Force One, Trump said India might soon lower its trade barriers. If that happens, he said, the U.S. would not impose the 26 percent tariffs that were announced in April and paused until July 9. "Right now, India doesn't accept anybody in," Trump said. "But I think they will. If they do, we'll have a deal with much lower tariffs." U.S. Treasury Secretary Scott Bessent also said the U.S. and India are very close to a deal. He said the agreement would lower tariffs on American goods going to India and help India avoid hefty new tariffs that could begin next week. Indian officials stayed in Washington through June 30 to continue talks. According to Indian government sources, both countries are working hard to reach a trade agreement and solve remaining issues. A White House official said the Trump administration is focusing more on making a deal with India than with Japan, especially before the July 9 deadline. On that date, a 90-day pause on tariff increases ends, and India could face a new 27 percent tariff, up from the current 10 percent. Talks between India and the U.S. have had some disagreements, especially over tariffs on car parts, steel, and farm products. Indian Foreign Minister Subrahmanyam Jaishankar, speaking at an event in New York, said they are "hopefully more than halfway" through the talks. He said both sides will need to compromise. Meanwhile, Trump was more critical of Japan. He said it was unlikely the U.S. would make a deal with Japan by the deadline. Trump said Japan refuses to buy rice from the U.S., even though it sells millions of cars in the American market. He warned that if Japan doesn't agree to U.S. demands, he could impose tariffs as high as 30 percent or 35 percent on Japanese imports, higher than the 24 percent previously announced and paused until July 9. "So what I'm going to do, is I'll write them a letter saying we thank you very much, and we know you can't do the kind of things that we need, and therefore you pay a 30 percent, 35 percent or whatever the numbers that we determine," he said.