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Maha Vikas Aghadi (MVA) leaders staged a protest outside the Maharashtra Assembly against Shiv Sena MLA Sanjay Gaikwad, who allegedly punched a canteen worker over poor food quality. The incident has sparked outrage, with visuals from the protest highlighting tensions within the Assembly premises.
U.S. coffee importers are scrambling to bring in Brazilian coffee ahead of the 50% tariff set to take effect on August 1 under Donald Trump’s new trade policy. Traders are rerouting ships, canceling alternate stops, and diverting stock from Canada and Mexico to the U.S. to avoid the steep levy. With no workaround for coffee still in Brazil, some cargoes may face the full tariff. As inflation ticks up, prices are already rising, with U.S. wholesalers adjusting listings to reflect the impending charge. Industry leaders say the rush is urgent, but not all shipments can be fast-tracked in time.
Canadian gold and copper mining firm Aura Minerals has announced plans to raise approximately $196.4 million through a U.S. initial public offering by selling 8.1 million shares on the Nasdaq. The IPO proceeds will be used for exploration activities and to enhance financial flexibility in support of the company’s current strategic growth initiatives. Founded in 1946, Aura focuses on project development across the Americas. The company aims to leverage deeper U.S. capital markets and secure higher valuations. BofA Securities and Goldman Sachs will lead the offering as global coordinators, with BTG Pactual and Itau BBA as joint bookrunners.
Tensions flared outside the Odisha Assembly (Bidhan Sabha) on Tuesday morning as protests broke out over the tragic death of a college student from Balasore, who died by self-immolation after allegedly facing sustained harassment.
The situation escalated quickly when state police resorted to tear gas shells and high-pressure water cannons to disperse the agitating crowd.
Dramatic visuals from the protest site show demonstrators attempting to breach police barricades, forcing law enforcement to respond with heavy crowd-control measures.
The Biju Janata Dal (BJD), which has taken up the cause, led a large-scale protest and called for a Balasore bandh, demanding justice for the 20-year-old victim.
Police also used water cannons specifically to control the protest led by BJD workers, who gathered in large numbers near the state assembly.
The death of the student, who had accused her college’s Head of Department of harassment and claimed her complaints were ignored, has triggered widespread political backlash and public anger across Odisha.
Former U.S. President Donald Trump has hinted that new tariffs on imported pharmaceutical products could be imposed by the end of this month, with additional levies on semiconductors potentially following soon after. These duties would likely be part of a broader “reciprocal” tariff policy set to take effect from August 1.
“Probably at the end of the month, and we’re going to start off with a low tariff and give the pharmaceutical companies a year or so to build, and then we’re going to make it a very high tariff,” Trump told reporters on Tuesday.
He made these comments while returning to Washington after attending an artificial intelligence summit held in Pittsburgh.
Trump’s remarks indicate that the initial pharmaceutical tariffs will be mild, allowing time for domestic production to ramp up. However, he made it clear that much higher tariffs would be enforced later, signalling a tougher trade stance if he returns to power.
His statement also suggested that semiconductor imports could be next in line for new levies, continuing his broader policy push to reduce reliance on foreign manufacturing and promote U.S.-based industries.
