Former Kerala Additional Chief Secretary, Dr Babu Paul passes away

Washington: In a move that stunned markets and political observers alike, US President Donald Trump on Wednesday announced a 90-day pause on his sweeping tariff regime—granting relief to all countries except China. Just a day earlier, such a reversal had seemed unimaginable.

Trump said the pause was prompted by the cooperative stance of over 75 nations, which had refrained from retaliating against his earlier tariffs. These countries, he claimed, chose negotiation over confrontation. During the pause, a reduced reciprocal tariff of 10% will be in place.

However, Trump made it clear that China would face no such leniency. Citing Beijing's alleged trade abuses and “lack of respect” for global markets, he announced an immediate hike in tariffs on Chinese imports to 125%, up from the earlier 104%.

“At some point, hopefully in the near future, China will realize that the days of ripping off the US and other countries is no longer sustainable or acceptable,” Trump wrote on Truth Social.

Despite repeatedly resisting pressure from within his own party and business circles to halt the tariff spree, Trump’s sudden pivot was reportedly triggered by alarm bells inside the US Treasury Department. According to CNN, Treasury Secretary Scott Bessent raised red flags about a dramatic selloff in the bond market, which, if left unchecked, could spiral into a financial crisis.

Speaking to the media after the announcement, Trump seemed to suggest that the decision came from instinct rather than strategy.

“We didn’t have access to lawyers… We wrote it up from our hearts. You have to be flexible,” he said.

The markets responded instantly. The Dow Jones Industrial Average surged over 2,500 points, while the Nasdaq jumped 12.2%, its best day in 24 years. The S&P 500 rose 6%, oil prices climbed more than 4%, and the dollar strengthened.

Impact on India

India, which had been hit with a 26% customized reciprocal tariff, saw its markets rattled in recent weeks. The pause offers a much-needed breather, as New Delhi works to finalize a multi-sectoral trade deal with Washington.

Ministry of External Affairs Spokesperson Randhir Jaiswal confirmed that talks are underway. “We hope to address these issues and conclude this agreement expeditiously,” he said, underlining the strong economic ties between the two nations.

New Delhi: Prime Minister Narendra Modi launched a scathing attack on the Congress on Sunday, accusing the party of indulging in minority appeasement and vote-bank politics over its opposition to the amended Waqf Act. Speaking at the inauguration of Hisar Airport in Haryana, the Prime Minister also questioned the Congress’s commitment to the Muslim community, asking why the party had never appointed a Muslim president or reserved a significant portion of election tickets for Muslim candidates.

“Congress has appeased only a few fundamentalists while keeping the majority of Muslims poor and uneducated,” Modi said. “If the Congress truly cares for Muslims, let them make a Muslim the party president and reserve 50 per cent of their Lok Sabha tickets for Muslim candidates. But they won’t. Their only aim is to snatch away others’ rights for political gains.”

He alleged that the Congress misused the Waqf law to benefit select groups and land mafias. “Lakhs of hectares of land under Waqf have been misused. If it had been used honestly, Muslim youth wouldn’t be forced to fix bicycle punctures for a living,” Modi remarked. “With the new amendments, Waqf Boards can no longer claim land belonging to tribals or marginalized communities. This is true social justice.”

Modi linked the Waqf law controversy to what he called the Congress’s legacy of undermining Dr B.R. Ambedkar. Remembering Ambedkar on his birth anniversary, the Prime Minister accused the Congress of sidelining him during his lifetime and attempting to erase his legacy after his death.

“Babasaheb Ambedkar stood for equality, but Congress infected the nation with the virus of vote-bank politics. They made him lose elections twice and tried to keep him out of the system,” Modi said, adding that every policy of his government is inspired by Ambedkar’s ideals.

He also took aim at the Congress’s stance on the Uniform Civil Code, noting that while the Constitution recommends a common civil code, the Congress never implemented it. “Today, Uttarakhand has implemented a Uniform Civil Code, and Congress is opposing it. This shows their double standards,” he said.

In response, Congress president Mallikarjun Kharge hit back, accusing the BJP of using Ambedkar’s name for political mileage while failing to implement his principles. “Dr Ambedkar emphasised education above all. What has this government done to realise his vision?” Kharge questioned. “They only speak against Congress, against Nehru, and all we have done. But what have they achieved themselves?”

Kharge also reiterated the Congress’s demand for immediate implementation of the Women’s Reservation Act, which mandates 33 per cent representation for women in Parliament and state assemblies. “When the bill was passed two years ago, we demanded SC, ST, and OBC women be included in the reservation. This remains our goal,” he said.

The exchange marks a sharp escalation in the war of words between the two national parties ahead of the upcoming general elections, with both sides invoking Ambedkar’s legacy to bolster their political narratives.

Mangaluru: Meet Deepashree S, the state topper in the Commerce stream of the PU 2 exams, scoring an astonishing 599 out of 600. A student of Canara PU College, Deepashree had an inkling of success but admits the first rank was beyond her wildest dreams.

“All our doubts were cleared in the classroom itself,” she said, praising her lecturers. “Their concept-based teaching helped me understand everything thoroughly. I also made it a habit to revise daily.”

Planning her future early, Deepashree is already taking CA coaching and is all set to appear for the CA Foundation exam in May. Her next step? An integrated BCom with CA.

Daughter of Ashok S and Suma P, Deepashree is also a Carnatic classical singer, and attributes her sharp concentration to her love for music.

“Hard work matters, but yes, luck plays a part too,” she added with a wise smile — proving that success is a fine mix of talent, effort, and grace.