Times of India

Wall Street experienced its largest one-day loss since the start of Covid due to new US tariffs announced by President Trump. The S&P 500 lost $2.4 trillion in value, with significant declines in tech and retail sectors. Analysts predict increases in household costs and an escalating trade conflict.

Eight villagers suffocated to death in a well in Khandwa, MP, while attempting to rescue one another after one person fell in. Toxic gases from contamination in the well are suspected to have caused the deaths. The well, used only for idol immersions, turned deadly due to accumulated muck. Each victim's family will receive Rs 4 lakh in compensation.

Two individuals from JD(U) in Bihar resigned over disagreements with the party's support for the Waqf (Amendment) Bill, which they claim is against Indian Muslims. JD(U) states these individuals are not part of the official party structure. Senior leaders express concerns but not direct opposition.

Lucknow Super Giants and Mumbai Indians face off in a crucial game at the Ekana Stadium with Rishabh Pant and Rohit Sharma under scrutiny for their poor form. LSG seek to regain momentum, while MI aim to capitalize after their win over KKR.

Supreme Court upholds the ban on the sale and manufacture of firecrackers, including green ones, in the National Capital Region, citing the right to health under Article 21. The court noted that the impact of air pollution is severe on the common man, particularly those who can't afford air purifiers.

Researchers at the University of Bristol have discovered that mammals began adapting to terrestrial lifestyles millions of years prior to the dinosaur-extinguishing asteroid impact. The study utilized limb bone fossils to reveal that ecological changes in the late Cretaceous spurred this evolutionary shift, particularly due to the emergence of flowering plants.

A man set himself and his car on fire at Amsterdam's Dam Square in a suspected suicide attempt. The incident, which began with a small explosion, resulted in no bystander injuries. The driver, a 50-year-old Dutch citizen, was hospitalized under police custody. Police and explosives experts investigated the scene.

Renowned actor and filmmaker Manoj Kumar, popularly known as 'Bharat Kumar,' passed away at 87 after a prolonged illness. Known for his patriotic films like Shaheed, Upkar, and Roti Kapda Aur Makaan, Kumar left a significant impact on Indian cinema. Fellow filmmaker Ashoke Pandit confirmed the news, expressing that the industry will greatly miss him.

US stocks plummeted on Thursday, resulting in over $2 trillion in market value loss following President Donald Trump’s tariffs on foreign imports. The S&P 500 fell 4.8%, the Dow dropped over 1,600 points, and the Nasdaq plunged 6%, raising fears of a recession.

Stock market recommendations: Bajaj Broking Research recommends buying NHPC and Symphony stocks amidst positive market signals. Nifty and Bank Nifty are expected to see upward movements.

Supporters of former Nepali king Gyanendra Shah have raised Rs 4.8 lakh to help pay a penalty for damage during a pro-monarchy protest. The government had imposed an Rs 8 lakh fine for damage to public property. Meanwhile, Shah denied involvement in the unrest and criticized the government for its failures.

Salman Khan's action drama Sikandar struggles at the domestic box office with only Rs 5.75 crore on Day 5, total earnings reaching Rs 90 crore. Producers claim global earnings of Rs 158.5 crore. Audience turnout remains low at 8.24% occupancy. The film risks becoming one of Khan’s lower-grossing efforts, crucial days ahead for potential recovery.

US President Trump's tariff hikes could potentially boost India's share in global smartphone production from Apple and Samsung. Apple's expansion in India appears more attractive as it seeks lower tariffs through negotiations. Meanwhile, Samsung may scale up operations in India due to increased tariffs on its Vietnam base.

Metal exporters in India are relieved as the White House exempts steel and aluminium from an additional 27% duty, though a 25% tariff remains. Copper is also spared from reciprocal tariffs. Experts note that major issues may arise from secondary effects if a tariff conflict ensues, but the proposed 12% safeguard duty could protect India's steel sector.

Brady Tkachuk's rise to NHL stardom has been influenced by his notable hockey lineage. While his talent is undeniable, his famous last name likely opened early career opportunities. Critics question whether he would have achieved the same success without his family's legacy.

The recent imposition of a 27% tariff on Indian gems and jewellery imports by the US is likely to significantly reduce demand in its largest export market, causing potential job cuts in the heavily manual labor-dependent industry. Exporters anticipate that without favorable trade negotiations, there could be a 30-50% decline in US exports.

Union Minister Piyush Goyal highlighted the disparity between Indian and Chinese startups, emphasizing that while Indian startups focus on food delivery and fantasy sports apps, Chinese startups concentrate on advanced technologies like EVs, AI, and semiconductors. He called for more domestic investment and innovation in the Indian startup ecosystem.

The Supreme Court's annulment of over 25,000 teacher recruitments by the West Bengal government is expected to expedite the Enforcement Directorate's investigation into alleged money laundering by TMC functionaries. This includes high-profile figures such as Partha Chatterjee and Arpita Mukherjee, with substantial assets seized and fresh summons anticipated.