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Time of India
20 minutes ago
- Time of India
‘Far from dead': Economy that Trump buried ‘outpaces' US
1 2 Ludhiana: Indian business leaders have pushed back firmly against US President Donald Trump's recent remarks describing the Indian and Russian economies as "dead", calling the claim baseless and out of step with the country's economic trajectory. The resilient economy politely declines to attend its own funeral, and the critic must answer: "If we're dead, who's eating all the global market share?" Industrialists from Ludhiana, one of the country's leading manufacturing hubs, said on Sunday that while US tariff hikes may temporarily affect some sectors, the Indian economy remains vibrant, resilient, and driven by robust domestic demand. "India can never be a dead economy — our population and internal demand alone ensure that," said Ashpreet Singh Sahni, managing director of Sehaj Solutions and former chairman of the Confederation of Indian Industry's Ludhiana chapter. "Yes, tariffs may slow us down for a year or two, but we'll bounce back stronger." Sahni, who was in the US when the new tariff regime was announced, said American manufacturers were also feeling the pinch. "There's nervousness on both sides. US companies look actively for alternatives to China, and India is high on their list. I believe the US will have to reconsider these tariffs, eventually." Upkar Singh Ahuja, president of the Chamber of Industrial and Commercial Undertakings (CICU), echoed the sentiment, arguing that India's global reputation was rising. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ask A Pro: "I'm 70 with $1.4M in IRAs. Should I convert $120K/Year to a Roth?" SmartAsset Undo "During my visit to Europe, I saw firsthand the interest in Indian goods. Yes, IT and pharma may face short-term pressure, but they're already exploring new, tariff-friendly markets." Ahuja warned that Washington's protectionist stance could have unintended consequences. "Such tariffs are inflationary. They may backfire on the US economy itself. In the long term, it's not sustainable." Pankaj Sharma, president of the Association of Trade and Industrial Undertakings (ATIU), said India should seize the moment. "This is a time to turn adversity into opportunity. The tariffs aren't India-specific — they affect many countries. Our govt should ramp up support for manufacturing and help Indian firms enter new global markets." He called for stronger policy support, including incentives to help exporters tap into emerging economies and underserved regions. "The Indian economy is not just surviving — it's adapting. And that's the hallmark of a living, breathing market." The remarks come as global economic tensions continue to rise, with supply chains still reeling from pandemic aftershocks and shifting geopolitical alignments. Indian industry, local leaders say, is determined not to be left behind. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
34 minutes ago
- Time of India
BRS neglected irrigation sector during their 10-year regime: Bhatti
Hyderabad: Deputy chief minister Bhatti Vikramarka on Sunday said that Telangana's irrigation water needs are still being met by projects built by previous Congress govts on the Krishna and Godavari rivers. He added that the BRS did nothing for the development of the irrigation sector during their 10-year regime. "Not a single drop of irrigation water that rightfully belongs to Telangana will be given up. The state's interests are more important than politics. The previous BRS govt was responsible for allowing the Andhra Pradesh to take the Banakacherla project," he said after laying the foundation stone for the construction of 10,000-metric-tonne-capacity warehouses at Kamalapuram village in the Mudigonda mandal of the Khammam district. The warehouses are being built by the Telangana State Warehousing Corporation at a cost of ₹10 crore. He added: "It is because of chief minister A Revanth Reddy and irrigation minister N Uttam Kumar Reddy's effective presentation of arguments to the Union Jal Shakti Ministry in New Delhi that the Banakacherla project was halted." You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad The deputy chief minister also alleged that the previous BRS govt did not complete a single useful irrigation project. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Access all TV channels anywhere, anytime Techno Mag Learn More Undo "Though they spent Rs 1 lakh crore on the Kaleshwaram project, not a single acre received water from it. When Polavaram was being constructed, they just watched. When construction of the Banakacharla project began, they showed no concern. In fact, they rolled out the red carpet for AP leaders and mortgaged the interests of our state. Even when seven mandals of the Khammam district were merged into AP through an ordinance that was not included in the Reorganisation Act, they failed to stop it." Bhatti said, "We are correcting all the mistakes committed by the previous BRS govt. We are moving forward with a concrete action plan to make full use of the waters of the Krishna and Godavari rivers and ensure that Telangana's rightful share will not be taken by AP." Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
Time of India
34 minutes ago
- Time of India
Barmer MP raises Balotra pollution issue in Lok Sabha
1 2 Jaisalmer: In a Zero Hour reference to rising pollution in Balotra, Lok Sabha MP from Barmer, Ummedaram Beniwal, accused the state govt of negligence, corruption and administrative failure in addressing the environmental crisis. Beniwal said illegal factories in Balotra, Pali, and Jodhpur districts have blatantly violated environmental regulations, while toxic chemical water from these factories flooded fields, reservoirs, schools, homes, and even cremation grounds, submerging villages under two to three feet of polluted water. The contamination, Beniwal alleged, rendered agricultural land barren, destroyed vegetation, killed livestock and wildlife, and disrupted daily life for thousands of villagers, he said. Beniwal added that govt-run common effluent treatment plants (CEPT) and effluent treatment plants (ETP) exist only on paper and that these facilities have been non-functional for years, despite govt claims of their operation. He accused the Rajasthan Pollution Control Board and state authorities of ignoring repeated orders from the high court and the National Green Tribunal (NGT), and alleged that central govt investigation teams collude with corrupt officials and industrialists to produce misleading reports while pollution continues unchecked. Beniwal warned that without immediate and strict action, the pollution crisis could escalate into a severe public health disaster. He urged both central and state govts to prioritise the issue and take decisive steps to prevent further tragedy. The crisis has had direct impact on local communities. In Doli village, the govt high school was closed for 15 days due to chemical water flooding, raising concerns about building safety. After a villager's death on July 24, the cremation could not be performed because the cremation ground was waterlogged, leading villagers to block a highway in protest. In response, the administration ordered villagers to vacate their homes, shifting responsibility onto the affected residents. The situation is worsening in surrounding areas such as Araba, Melba, Dhawa, and Rajeshwar Nagar, where toxic water has accumulated in fields, public buildings, and homes. Beniwal warned that chemical waste from factories in Jodhpur, Pali, and Balotra is also polluting the historic Maruganga Luni River and its tributaries, endangering water sources and the region's biodiversity. Get the latest lifestyle updates on Times of India, along with Friendship Day wishes , messages and quotes !
