News

India's high trade-weighted average tariff rate has drawn the ire of the Trump administration, leading to the threat of reciprocal tariffs on Indian goods. While the full impact remains uncertain, India is bracing for potential disruptions and exploring mitigation strategies to safeguard its economic growth.

Aravind Srinivas, CEO of Perplexity AI, believes India should develop its own AI models and compete globally, emphasizing the need for homegrown innovation and focusing on India's unique linguistic diversity to give Indian AI companies a competitive edge. He suggests a step-by-step approach for Indian startups entering the AI space, starting with post-training on open-source models and progressing to pre-training and data center investments.

The DMK candidate Anniyur Siva is poised to win the Vikravandi assembly bypoll, leading by a significant margin over his rival PMK’s C Anbumani. This victory serves as a crucial test for the ruling DMK, which has faced criticism over recent events such as the Kallakurichi hooch tragedy and the murder of BSP state chief Armstrong.

Mahindra & Mahindra will increase prices of its SUVs and commercial vehicles by up to 3% starting April, joining other automakers in passing on rising input costs to buyers. The company reported strong February sales, with total auto sales up 15% year-on-year and robust growth in both its utility vehicles and tractor segments.

Former Jharkhand Chief Minister Champai Soren joined the BJP on August 30, citing the state government's "present style of functioning and policies" as his reason for leaving the JMM. Meanwhile, JMM legislator Ramdas Soren was sworn in as a minister in the Hemant Soren government, replacing Champai Soren.