July 30, 2025

THE CLIFF NEWS

National Daily Bilingual Newspaper

Category: Latest

India, US Finalise Phase-One Trade Deal Terms Amid Tariff Tensions; Aim for $500 Billion Trade by 2030

India and the United States have finalised the terms of reference for the initial phase of a long-anticipated bilateral trade agreement, according to a report by Reuters citing an Indian trade official. The development comes as both nations aim to boost bilateral trade to $500 billion by 2030 under the ambitious “Mission 500” initiative. This agreement follows an earlier commitment made in February, when both countries agreed to collaborate on the first stage of the trade pact and finalise it by the end of 2025. The initial deal is seen as a strategic step toward expanding cooperation in key sectors such as energy, critical minerals, technology, and manufacturing. The progress comes in the backdrop of rising trade tensions, especially after the US, under President Donald Trump, imposed 26% reciprocal tariffs on Indian goods earlier this month. However, Trump has since announced a 90-day pause on further tariff hikes for major trading partners, including India, giving both sides room to negotiate. In response, India has revised its tariff structure, reducing import duties on approximately 8,500 industrial items. Notably, the tariff cuts include American exports such as bourbon whiskey and Harley-Davidson motorcycles, seen as a goodwill gesture to ease bilateral strains. The phase-one agreement underscores both countries’ intent to align on trade policies and deepen economic ties. India is reportedly considering zero-duty imports from the US in selected sectors, especially under its Production-Linked Incentive (PLI) schemes that aim to attract global manufacturers and integrate India into global supply chains. This reset in trade relations comes after President Trump’s April 2 announcement of “Liberation Day”, during which he unveiled a sweeping 10% base tariff on all imports, targeting countries with significant trade surpluses with the US. The executive order, effective April 5, is part of a broader protectionist shift aimed at revitalising domestic industry, with China being the primary focus. The evolving India–US trade dynamic signals a strategic economic realignment, with both nations seeking to reduce dependence on China and strengthen their roles in global trade architecture.

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Editor03 mins

India’s Inflation Drops to 67-Month Low of 3.34% in March; Economists Expect Further Rate Cut in June

India’s retail inflation eased sharply to 3.34 percent in March, marking a 67-month low, down from 3.61 percent in February, according to official data released on April 11. The drop is largely attributed to a continued decline in food inflation, offering some relief to households and reinforcing expectations of further monetary easing by the Reserve Bank of India (RBI). This is the second consecutive month that inflation has remained below the RBI’s target rate of 4 percent. The latest figures come just a week after the central bank implemented its second consecutive interest rate cut, lowering the policy rate by 25 basis points to 6 percent, compared to 6.5 percent at the beginning of the year. Radhika Rao, Senior Economist at DBS Bank, noted that despite a firmer core inflation, the headline inflation for the January–March quarter undershot the RBI’s projections significantly. “This validates the central bank’s decision to shift to an accommodative stance, along with a rate cut at the April meeting. We maintain our call for further easing in June,” she said. With inflation easing and staying below the target range, economists are increasingly optimistic about another rate cut in June, as the RBI continues to balance growth support with inflation control in a recovering economy.

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Editor02 mins

Shanaya Kapoor to Play Double Role in Student of the Year 3, Filming Begins April 20

Shanaya Kapoor, daughter of Sanjay and Maheep Kapoor, is all set to headline Student of the Year 3, the next installment of Karan Johar’s iconic youth franchise. But this time, there’s a twist—SOTY 3 will be a six-episode web series instead of a theatrical release, and Shanaya will be seen in a double role, a first for the franchise. Directed by debutant Reema Maya—who garnered acclaim for her 2023 short film Nocturnal Burger—the series will begin filming in Mumbai on April 20, 2025, and is scheduled to wrap within just over 30 days. The fast-paced shoot reflects Maya’s dynamic storytelling style, as the series aims to bring a fresh, edgy take to the SOTY universe. The Student of the Year brand, previously known for launching major Bollywood stars like Alia Bhatt, Varun Dhawan, Sidharth Malhotra, Ananya Panday, and Tara Sutaria, is now transitioning to OTT, with SOTY 3 set to stream on JioHotstar. According to a report in Mid-Day, the project had been in development for the past six years. A source revealed, “Finally, Karan has given the green signal and the unit plans to begin filming it from April 20.” Another insider confirmed Shanaya’s dual role, which marks a bold new direction for the series. Shanaya Kapoor’s Busy 2025–2026 Line-up While SOTY 3 will mark Shanaya’s streaming debut, it will be her fourth project overall. Her debut film, Aankhon Ki Gustaakhiyan, a romantic drama directed by Santosh Singh, has wrapped and is targeting a theatrical release soon. She also stars opposite Adarsh Gourav in the survival thriller Tu Yaa Main, which is slated for a Valentine’s Day 2026 release. Additionally, she’s working on an untitled project with Abhay Verma. With a mix of romance, thrill, and now a double role in a cult franchise, Shanaya Kapoor is clearly being positioned as one of the most exciting new faces in the industry.

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Editor03 mins

Sourav Ganguly Reappointed as Chairperson of ICC Men’s Cricket Committee

In a significant move ahead of a crucial international cricketing season, the International Cricket Council (ICC) on Sunday announced the reappointment of Sourav Ganguly as chairperson of the ICC Men’s Cricket Committee. Ganguly, who previously captained India from 2000 to 2005, has been serving in this role since 2021, following the tenure of Anil Kumble. At 52 years old, Ganguly brings a wealth of cricketing and administrative experience to the position. His former teammate and current National Cricket Academy head, VVS Laxman, has also been appointed as a panel member, reinforcing India’s strong presence in the sport’s global governance. Other Members of the Men’s Committee: Changes in Women’s Cricket Committee: The ICC also restructured the Women’s Cricket Committee, appointing: These appointments are seen as part of the ICC’s efforts to bolster the governance and evolution of cricket across both men’s and women’s formats by bringing in diverse, contemporary, and experienced voices from around the world.

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Editor02 mins

India Eyes Interim Trade Deal with US Amid Global Scramble to Avoid Tariffs

As over 75 countries rush to secure trade deals with the United States during its 90-day pause window to avoid reciprocal tariffs, India is strategically positioning itself to bridge the trade gap with Washington by replacing third-country imports, a senior Indian government official has confirmed. Key Points: India’s Strategic Leverage The official noted that while countries like Vietnam may benefit from concessions under separate US deals, India is uniquely positioned due to: “Replacing imports from other countries with US goods is not a difficult proposition. That could be one of the outcomes of the BTA,” the official emphasized. The US has flagged tariffs and trade deficits in its talks with India, while raising subsidies and currency manipulation concerns with other nations. India believes it can narrow the deficit while still securing preferential access to US markets. Goyal: “No Negotiation Under Pressure” Commerce Minister Piyush Goyal firmly stated on Friday: “India will not negotiate with a gun to its head… Our national interest remains paramount.” Goyal’s stance reinforces India’s intention to prioritize substance over speed, despite pressure to meet the 90-day deadline. Positive Outlook from Washington The senior official also highlighted: What’s Next? In the coming weeks:

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Editor04 mins

Pastor John Jebaraj Arrested for Sexual Assault of Minors; Second High-Profile Pastor Case in Weeks

In a disturbing development from Tamil Nadu, Pastor John Jebaraj of Kings Generation Church in Coimbatore has been arrested for the alleged sexual assault of two minor girls. The 37-year-old pastor, known for his presence on social media — particularly for his Christian devotional music with nearly 2 lakh Instagram followers — was apprehended on Saturday evening in Munnar, Kerala, by the Coimbatore City Police, after evading arrest for several months. The Case The incident dates back to May 2023, when the pastor allegedly assaulted the girls during a party at his home in Coimbatore. The case came to light after one of the survivors recently confided in a family member, prompting them to file a formal complaint at the Central All Women Police Station, Coimbatore. Jebaraj has been booked under the POCSO Act: Police officials have confirmed that further investigations are underway, including inquiries into whether other minors may have been harmed. Second Major Case Involving a Pastor This arrest follows another major case earlier this month involving self-styled pastor Bajinder Singh, who was convicted by a Mohali court for rape and sexual harassment in a 2018 case. The court delivered a strong verdict, rejecting Singh’s plea for leniency, and noted: “A religious leader holds a sacred responsibility and cannot betray the faith of devotees.” Singh, known for his controversial claims of “miracle healing” and running mega congregations, heads the Church of Glory and Wisdom in Jalandhar and Mohali, with claimed branches abroad. He became a preacher in 2012. Growing Scrutiny on Religious Figures These back-to-back cases have cast a spotlight on the accountability of self-proclaimed religious leaders, especially those with large online followings and direct access to young and vulnerable individuals. Activists and legal experts are calling for stricter background checks and oversight in faith-based organizations, particularly those involved in youth outreach. As the investigations continue, more survivors are being encouraged to come forward, and there is renewed pressure on authorities to crack down on abuse hiding behind spiritual authority.

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Editor03 mins

India’s Mobile Phone Exports Cross ₹2 Lakh Crore, Overtake Petroleum and Diamonds

India has witnessed a remarkable milestone in its electronics manufacturing journey, with mobile phone exports crossing the ₹2,00,000 crore mark for the first time in the financial year 2024–25. According to data released by the India Cellular and Electronics Association (ICEA), this represents an impressive 55% surge from ₹1,29,000 crore recorded in FY 2023–24. In a historic development, smartphones have now become India’s largest export commodity, surpassing long-standing leaders such as petroleum products and diamonds. ICEA has described this achievement as a significant success of the Government of India’s ambitious Make in India initiative, which aims to transform the country into a global manufacturing hub. The phenomenal rise in exports is largely credited to the Production Linked Incentive (PLI) Scheme, which has played a crucial role in boosting India’s electronics manufacturing capabilities. The PLI Scheme has attracted substantial foreign direct investment, while also positioning India as a vital player in the global electronics supply chain. Leading this export revolution are tech giants Apple and Samsung, both of which have rapidly scaled up their manufacturing operations within India over the past year. As a result, India’s total mobile phone production touched an estimated ₹5,25,000 crore in FY25, a sharp increase from ₹4,22,000 crore in the previous fiscal year. This surge not only marks a transformative moment for India’s electronics sector but also signals the country’s growing prominence in high-value manufacturing on the world stage.

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Editor02 mins

UN Launches $275 Million Appeal for Myanmar Earthquake Victims Amid Widening Humanitarian Crisis

In the wake of the devastating 7.7-magnitude earthquake that struck Myanmar on March 28, the United Nations has issued an urgent appeal for $275 million to provide life-saving aid to over 1.1 million vulnerable individuals. The powerful quake, which has already claimed more than 3,600 lives, has left entire communities in ruins and exposed millions to heightened humanitarian risks. The appeal, launched on April 11, 2025, comes amid growing concerns over inadequate funding for the region. According to the UN, just five percent of the previously estimated $1.1 billion humanitarian response plan—meant to support 5.5 million people—has been funded. The latest disaster has further deepened the crisis, prompting a call for immediate international assistance. “With new and increasing needs, additional resources are urgently required,” the appeal report stated. The new funding will focus specifically on 1.1 million people in the hardest-hit areas, with special emphasis on women and girls, who face heightened risks of gender-based violence, food insecurity, and lack of access to reproductive healthcare. The earthquake has left over 6.3 million people in dire need of assistance, with thousands displaced, infrastructure destroyed, and basic services disrupted. The UN’s renewed call for support highlights the pressing need to scale up aid efforts and prevent a full-blown humanitarian catastrophe in the region.

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Editor02 mins

Violence Erupts in Murshidabad Over Waqf (Amendment) Act: 110+ Arrested

Unrest broke out in the Muslim-dominated Murshidabad district of West Bengal following a demonstration against the newly enacted Waqf (Amendment) Act. Police confirmed on Saturday that over 110 individuals had been arrested in connection with the violence, which included the torching of vehicles, including police vans, the launching of projectiles at security personnel, and the barricading of roads. The disturbances spread across Malda, South 24 Parganas, and Hooghly districts as well. The Murshidabad district, where the violence was most severe, saw 70 arrests in Suti and 41 arrests in Samserganj. While the affected areas continued to experience tension, no major incidents occurred on Saturday morning. Authorities have imposed restrictive orders and suspended internet connectivity in the violence-affected regions to curb the spread of rumors and to maintain control. A police officer confirmed that patrols in Suti and Samserganj were ongoing and that gatherings were strictly prohibited to prevent any further disturbances. In addition, a teenage boy who was reportedly injured from police firing during the unrest in Suti has been transferred to a Kolkata hospital for treatment. The unrest mainly affected areas with large Muslim populations. The protests were sparked by the recently enacted Waqf (Amendment) Act, which has garnered controversy due to its impact on the management of Waqf properties. In response, Suvendu Adhikari, the Leader of the Opposition, strongly criticized the Mamata Banerjee government, accusing them of failing to manage the situation and calling it a pre-mediated act of violence. He referred to the unrest as an assault on democracy and claimed it was instigated by “Jihadist forces” aiming to spread chaos and fear. Adhikari demanded that authorities identify and bring legal action against those responsible for the violence, insisting that the perpetrators face severe penalties under the law. The authorities are currently working to restore order, with ongoing police operations across the region and a high alert in place to prevent any further unrest.

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Editor03 mins

2024-2025 Indian Super League (ISL) final is shaping up to be a thrilling encounter, as Mohun Bagan SG and Bengaluru FC

The 2024-2025 Indian Super League (ISL) final is shaping up to be a thrilling encounter, as Mohun Bagan SG and Bengaluru FC (BFC) prepare to battle it out for the title at Salt Lake Stadium on Saturday. For both teams, this match represents the completion of a cycle in their respective journeys, with significant storylines unfolding for each side. Jose Molina’s Mohun Bagan SG has had a remarkable turnaround this season. After a rough start, including a heavy 0-3 defeat to Bengaluru in September, Molina’s team bounced back with a record-breaking run. Now, with the League Shield in their grasp, Mohun Bagan is aiming for a historic ISL ‘double’. Having lost the final to Mumbai City FC last season, this is their chance to make amends and clinch their first-ever double at home. The Salt Lake Stadium, where they’ve been unbeaten in the league, will be a fortress in their bid to secure the title. On the other hand, Bengaluru FC, under the leadership of Gerard Zaragoza, enters the final with renewed focus and determination. Though they endured a tough patch earlier in the season, Zaragoza reflected on a significant moment from the past—a crushing 0-4 loss to Bagan last April. Now, the BFC side is back with a vengeance, confident and hungry for a strong finish to the season. Zaragoza highlighted how far his team has come since that defeat, with the club now poised to challenge for the trophy. The match promises to be an exciting showdown. Mohun Bagan SG will likely have the edge with the support of their passionate fans at Salt Lake, but Bengaluru FC won’t be an easy opponent. Despite being in the twilight of his career, Sunil Chhetri continues to perform at the highest level, and Zaragoza faces a pleasant dilemma regarding whether to start his star striker or bring him on as a substitute. With both teams motivated by personal narratives and historical goals, this final is set to be a fiercely contested affair. The battle between Mohun Bagan’s ambition for a double and Bengaluru’s hunger for redemption will make for a compelling end to the season.

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Editor04 mins
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