Friday, Apr 11 2025 | Time 22:27 Hrs(IST)
Business Economy


Jaguar Land Rover halts shipments of cars to US over tariffs

New Delhi, Apr 5 (UNI) Tata group's UK-based luxury car unit Jaguar Land Rover (JLR) has decided to temporarily halt shipments of its cars to the US in response to the Trump administration's decision to impose 25 percent tariffs on all foreign-made vehicles.
"As we work to address the new trading terms with our business partners, we are enacting our short-term actions, including a shipment pause in April, as we develop our mid- to longer-term plans,” a JLR spokesperson was quoted by multiple media reports.
The US President Donald Trump on April 2 announced a 25 percent tariff on all foreign-made vehicles.
“Effective at midnight, we will impose a 25 percent tariff on all foreign made automobiles,” Trump said at the “Make America Wealthy Again on April 2.
President Trump has announced sweeping new tariffs on nearly all US trading partners including the UK, Europe, Canada, Australia and China. The move has triggered a trade war with some countries announcing retaliatory tariffs.
UNI NK SS
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Hyd: NIRDPR inks MoU with  IIPH to strengthen rural health and development initiatives

Hyd: NIRDPR inks MoU with IIPH to strengthen rural health and development initiatives

11 Apr 2025 | 6:30 PM

Hyderabad, Apr 11 (UNI) The National Institute of Rural Development and Panchayati Raj (NIRDPR) and the Indian Institute of Public Health, Hyderabad (IIPH-H) entered into a formal partnership by signing a Memorandum of Understanding (MoU) aimed at advancing research, capacity building, and policy initiatives in the area of rural health and development.

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Factory output slows down to 2 9 pc in February

Factory output slows down to 2 9 pc in February

11 Apr 2025 | 5:32 PM

New Delhi, Apr 11 (UNI) India's factory output measured in terms of Index on Industrial Production (IIP) grew at 2.9% year-on-year (YoY) in February 2025 as compared to 5% rise in the previous month, as per official data released on Friday.

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Kottayam-Kochi Rubber Market Rates

11 Apr 2025 | 5:14 PM

Kottayam, Apr 11(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
Kottayam
RSS FOUR: 19700
RSS FIVE : 19400
ISNR TWENTY: 18000
SIXTY PERCENT LATEX: 13630
Kochi

RSS FOUR : 19700
RSS FIVE : 19400
International Rates (Bangkok)
RSS One : 18762
RSS Two : 18610
RSS Three: 18471
RSS Four : 18395
RSS Five : 18281
Kualalumpur
SMR TWENTY : 15115($174.50)
SIXTY PERCENT LATEX : 13023($150.35)
UNI PA BD.

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Rupee ends strong at 86 06 against USD

Rupee ends strong at 86 06 against USD

11 Apr 2025 | 4:42 PM

Mumbai, Apr 11 (UNI) The Rupee on Friday rallied 64 paise to close strong at 86.06
against USD, on brisk selling of US Dollar from foreign banks and exporters, dealers at the Forex Market said.

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Sensex jumps 1310 11 pts

Sensex jumps 1310 11 pts

11 Apr 2025 | 4:38 PM

Mumbai, Apr 11 (UNI) The BSE Sensex on Friday, the last trading day of the week posted a huge gain of 1310.11 pts to close at 75,157.26 after the Trump government announced not to impose any import tariffs on any nations for another 90 days, boosting investors' sentiments.

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