Latest news with #Watch
India Today
6 hours ago
- Business
- India Today
Trump calls Fed chief Jerome Powell ‘stupid,' demands interest rate cut to 1%
US President Donald Trump intensified his criticism of Federal Reserve Chair Jerome Powell on Friday, saying he would "love" for Powell to resign. Speaking to reporters, Trump described Powell as having done a lousy job and went as far as to call him stupid."I'd love him to resign if he wanted to, He's done a lousy job", Trump said. "I think we should be paying 1per cent right now, and we're paying more because we have a guy who suffers from, I think, Trump Derangement Syndrome," Trump reiterated his long-standing call for significantly lower interest rates, stating that the Federal Reserve should bring the rate down to 1 per cent. He has repeatedly argued that lower borrowing costs would boost economic growth and strengthen the U.S. economy. The Federal Reserve recently agreed to keep interest rates at 4.25 per cent to 4.50 per cent, a rate established to stabilise inflation while balancing economic battles with the Federal Reserve trace back to his presidency. Whereas Fed chairs have long had autonomy from presidential pressure, Trump has regularly pushed those limits. Even though the president lacks the legal right to fire a Fed chair without cause, Trump has publicly questioned that tradition in his Powell, who Trump appointed in 2018, is likely to hold the position of Fed chair until May 2026. But with the next presidential election and the possibility of Trump returning to power, he has signalled his intention to nominate another person who would prefer aggressive rate confirmed on Friday that if he were given the chance, he would appoint a successor more in tune with his economic latest exchange of criticism comes as part of long-standing political tensions around the Federal Reserve's policy direction leading up to the 2025 elections.- EndsMust Watch
India Today
7 hours ago
- Automotive
- India Today
Government proposes dual-colour number plates for hydrogen vehicles
To streamline the identification of hydrogen-powered vehicles, the Ministry of Road Transport and Highways has proposed a new category of registration number plates, differentiated by distinct colour codes based on vehicle to a draft notification issued on Friday, hydrogen-fuel-operated vehicles will soon sport colour-coded number plates combining green and blue backgrounds, with figure colours varying based on the vehicle's commercial hydrogen vehicles, the number plates will have a green top half and a blue bottom half, with yellow-coloured figures. Private hydrogen vehicles will feature the same green-blue colour combination, but with white figures. Vehicles operating as cabs for rent will have a black top half and blue bottom half, with yellow figures on the initiative aims to help authorities and the public easily identify hydrogen-fuel-powered vehicles, while also promoting green mobility in India.- EndsMust Watch
India Today
8 hours ago
- Politics
- India Today
Trump says he'll resolve North Korea conflict, cites good ties with Kim Jong-un
US President Donald Trump on Friday said he will "get the conflict solved with North Korea." At an Oval Office event where he highlighted his efforts to resolve global conflicts, Trump was asked whether he had written a letter to North Korean leader Kim Jong Un, as was reported this did not directly answer the question, but said: "I've had a good relationship with Kim Jong Un and get along with him, really great. So we'll see what saying there's a potential conflict, I think we'll work it out," Trump said. "If there is, it wouldn't involve us." Seoul-based NK News, a website that monitors North Korea, reported this month that North Korea's delegation at the United Nations in New York had repeatedly refused to accept a letter from Trump to and Kim held three summits during Trump's 2017-2021 first term and exchanged a number of letters that Trump called "beautiful," before the unprecedented diplomatic effort broke down over US demands that Kim give up his nuclear his second term Trump has acknowledged that North Korea is a "nuclear power." The White House said on June 11 that Trump would welcome communications again with Kim, while not confirming that any letter was Korea has shown no interest in returning to talks since the breakdown of Trump's diplomacy in has, instead, significantly expanded its nuclear weapons and ballistic missile programs, and developed close ties with Russia through direct support for Moscow's war in Ukraine, to which Pyongyang has provided both troops and weaponry.- EndsTune InMust Watch
India Today
12 hours ago
- Sport
- India Today
Competitive Jasprit Bumrah had the spark and vibe to represent India: Priyank Panchal
Former Gujarat player Priyank Panchal said that Jasprit Bumrah always had the spark, vibe and willingness to represent India at the highest level. Bumrah is considered to be one of the best bowlers in all formats and is the No.1 Test bowler in the world at the moment. But before his exploits on the international circuit, the pacer made a name for himself while playing for Gujarat. advertisementDuring the 2016-17 Ranji Trophy season, where Panchal scored 1310 runs in 10 matches, Bumrah picked up 24 wickets from seven matches. This also included a spell of six for 29 against Jharkhand in the semi-final. The pacer played a big role as Gujarat defeated Mumbai in the final to lift the title. Speaking to India Today in an exclusive interaction, the former Gujarat batter said that Bumrah was always competitive and everyone knew if he was given the chance, he would succeed for India. Panchal felt that Bumrah's unique bowling technique made him a standout and the pacer is where he is right now because of his hard work and experience off the field. "I think he had that spark and that vibe and the willingness to represent the country at the highest level, and even at that time, he was so competitive. And you can imagine that if you get a chance with that competitiveness in the next level, you will definitely be successful. So he's successful because he has worked hard."advertisement"He has faced so many challenges like out of cricket. He was someone we all wanted him to represent the country because he has that different kind of bowling technique. You don't get to see this kind of bowler very often. Like you can get to see, I think in one in 20 years, I would say this kind of bowlers. And doing it so consistently is also a thing. So I think credit goes to him because he worked hard. He learned from all the experiences and he's still learning," said Panchal. How is it like facing Bumrah in the netsPanchal then said that Bumrah is someone who remains competitive in the nets and always troubled the batters with his deliveries during practice. "Bumrah is so competitive. Like even if I play a cover drive, so the next ball would be either a bouncer or a yorker. Even in the nets, like we were playing 40 to 50 balls in nets and out of those 40 to 50 balls, he must be bowling, I think 6 to 8 balls to each batsman . Out of 6 to 8 balls we will be having two bouncers. Then when you are done. That's it. 1 to 2 balls we have to leave it because it's like we were preparing for the day game. So that's the story," said Panchal. Bumrah is currently part of the Indian team that is touring England. - EndsTune InMust Watch
India Today
12 hours ago
- Business
- India Today
Trump halts trade talks with Canada over digital tax, threatens new tariffs
US President Donald Trump announced Friday that the United States is immediately ending all trade talks with Canada, citing the country's digital services tax as the reason for the abrupt a post on Truth Social, Trump called the tax "a direct and blatant attack on our country" and accused Canada of mirroring similar measures implemented by the European Union. 'Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,' Trump president added that his administration would notify Canada within the next seven days of the new tariffs it will face to continue doing business with the United States. The digital services tax, which took effect in June 2024, imposes a 3% levy on revenues earned by large companies from digital services provided to Canadian users. The measure applies to online advertising, social media platforms, digital marketplaces, and sales involving user data. The first tax payments are scheduled to be collected on further criticized Canada's overall trade practices, calling it 'a very difficult Country to TRADE with,' and claimed that Canadian tariffs on US dairy products can reach as high as 400 per move to terminate trade talks comes amid ongoing tensions between the two countries, following a series of tariffs imposed by the Trump administration earlier this responded with retaliatory duties on American goods. Although both sides have expressed a desire to renegotiate their trade framework, progress has US-Mexico-Canada Agreement (USMCA), negotiated during Trump's first term, is scheduled for review and possible renegotiation by 2026. However, Trump and Canadian Prime Minister Mark Carney had previously aimed to reach a revised agreement by July 21, 2025.- EndsTune InMust Watch
