US markets today: S&P 500 and Nasdaq retreat from record highs, Donald Trump tariffs jolt investor sentiment

US stocks opened lower on Friday, pulling major indexes off their record highs from the previous session, as investor sentiment turned cautious following President Donald Trump‘s fresh tariff announcements.The S&P 500 fell 0.6% in early trading, while the Nasdaq composite slipped 0.4%. The Dow Jones Industrial Average was down 317 points, or 0.7%. The pullback…

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Electric truck push: Government offers up to Rs 9.6 lakh incentive per vehicle under PM E-DRIVE; SAIL to procure 150 e-trucks

The government on Friday launched its first customer-facing incentive scheme for electric trucks under the PM E-DRIVE initiative, offering up to Rs 9.6 lakh per vehicle. The scheme, announced by Union minister H D Kumaraswamy, has earmarked Rs 500 crore for e-truck incentives out of a total Rs 10,900 crore programme outlay.Targeting industries such as…

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TCS salary increments: When will the IT giant announce pay hikes? Chief Human Resources officer Milind Lakkad shares update

TCS had previously disclosed in April that salary increases would be postponed due to business uncertainties. (AI image) Employees of Tata Consultancy Services (TCS) will have to wait a little longer for clarity on salary hikes. In its June quarter financial results announcement, India’s largest IT services firm has indicated that decisions regarding salary increases…

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India-Australia trade pact: India rejects demand for tariff cuts on dairy and wine; second phase of BTA delayed

India has rejected Australia’s demand for deeper tariff concessions on dairy and alcoholic beverages, delaying the second phase of a proposed bilateral trade pact, news agency Reuters reported citing two Indian government sources.The countries signed an interim deal in 2022 that reduced tariffs on a wide range of goods. However, talks on a full-scale Comprehensive…

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Active rest is vital to recover (from sports injury)

“Active rest one of the key factors in the recovery of about 90 per cent of sports-related injuries. It means keeping the uninjured parts as active as possible,” said Dr David V Rajan, chairman and managing director of Ortho-One Orthopaedic Speciality Centre in Coimbatore. Discussing the scope of arthroscopy in sports medicine at The Times…

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ONDC plans subsidy revival for food delivery; Rs 100–150 crore incentive pool proposed – check details

The Open Network for Digital Commerce (ONDC) is considering reviving its subsidy program with a proposed incentive pool of Rs 100–150 crore for food delivery partners operating on its platform. If implemented, the move would mark a significant policy reversal for the government-backed e-commerce platform, which had previously scaled back such incentives.The new subsidy plan,…

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