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Facing US tariffs, India’s Modi vows self-reliance

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Facing US tariffs, India’s Modi vows self-reliance


Indias Prime Minister Narendra Modi addresses the nation during Independence Day celebrations at the historic Red Fort in Delhi, India, August 15, 2025. — Reuters
India’s Prime Minister Narendra Modi addresses the nation during Independence Day celebrations at the historic Red Fort in Delhi, India, August 15, 2025. — Reuters
  • Modi vows to defend his country’s interests “like a wall”.
  • Modi delivers Independence Day address at Red Fort.
  • “Self-reliance is foundation of developed India,” says Indian PM.

NEW DELHI: Prime Minister Narendra Modi said on Friday that India is seeking self-reliance with energy independence and the development of its own powerful defence systems, vowing to defend his country’s interests “like a wall”.

Modi delivered his annual Independence Day address from the imposing ramparts of Red Fort in New Delhi at a time when India faces intense pressure and threats of additional tariffs from the United States.

“Self-reliance is the foundation of developed India,” Modi said after a flypast of military helicopters scattered flower petals above an invited crowd of thousands.

“Freedom becomes meaningless if someone becomes too dependent on others”.

Ties between New Delhi and Washington have been strained by Trump’s ultimatum for India to end its purchases of Russian oil, a key source of revenue for Moscow as it wages its military offensive in Ukraine.

India has said it “stands ready” to support efforts to end the Ukraine war and endorses a summit to be held between Trump and Russian President Vladimir Putin in Alaska on Friday.

But the United States says it will double new import tariffs on India from 25% to 50% by August 27 if New Delhi does not switch crude suppliers.

“We know that we remain dependent on many countries to meet our energy needs”, said Modi, leader of the world’s most populous nation and its fifth-biggest economy.

“But to build a truly self-reliant India, we must achieve energy independence.”

Modi urged scientists and engineers to focus on building key sectors and technologies including fighter jet engines, semiconductor chips and military hardware systems.

“We will have India-made semiconductor chips in the market by the year’s end,” Modi said.

He added that the country was also working towards building its own space station and would have a “defence shield” in the next decade, without giving further details.

He did not speak directly about Trump, but said he would “stand like a wall” against any policy that hurts the interests of farmers.

Agriculture employs vast numbers of people in India and has been a key sticking point in trade negotiations.

“When economic selfishness is rising day by day… we must not just sit and worry about the crisis but instead focus on our strengths,” Modi said.





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Trump’s ‘Presidential Walk of Fame’ at White House features mocking, controversial plaques targeting former presidents

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Trump’s ‘Presidential Walk of Fame’ at White House features mocking, controversial plaques targeting former presidents


The collage of photos shows former US president Barack Obamas plaque (left) and another referring to former US president Joe Biden. — Reporter
The collage of photos shows former US president Barack Obama’s plaque (left) and another referring to former US president Joe Biden. — Reporter

WASHINGTON: US President Donald Trump has installed new plaques at the “Presidential Walk of Fame” located along the West Wing Colonnade of the White House.

The plaques contain direct and politically charged, mocking commentary aimed at recent former US presidents. Reporters spotted the new additions on Wednesday, triggering fresh debate within Washington’s political circles.

One plaque refers to former president Joe Biden as “Sleepy Joe Biden” and labels him “the worst president in American history.” Notably, Biden’s portrait is absent from the walk of fame. Instead, a framed image shows Biden’s signature produced by the presidential autopen.

Former president Barack Obama’s plaque identifies him as “Barack Hussein Obama” and describes him as “one of the most divisive political figures in American history.”

Similarly, the plaque beneath Bill Clinton’s portrait states that “in 2016, President Clinton’s wife, Hillary Clinton, lost the presidency to President Donald J. Trump.”

According to the White House, several of these plaques were written by President Trump himself. These additions are being described as part of Trump’s broader effort to reshape the White House in line with his political vision.

The White House formally unveiled the Presidential Walk of Fame outside the Oval Office in September. The display includes portraits of all past US presidents, with the exception of Joe Biden.

President Trump has previously overseen other major changes at the White House, including replacing the grass in the Rose Garden with a stone patio and ordering the construction of a new White House ballroom, a project that required the demolition of much of the East Wing.

Political analysts say the plaques represent an unprecedented move in American history, marking the first time such overtly political and controversial narratives about former presidents have been publicly displayed inside the White House. Strong reactions and further debate are expected in the coming days.





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Body of Bangladesh’s youth leader reaches Dhaka amid ‘violent protests’

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Body of Bangladesh’s youth leader reaches Dhaka amid ‘violent protests’


Body of Osman Hadi, Bangladeshs popular student leader, arrives at Hazrat Shahjalal International Airport in Dhaka, Bangladesh, December 19, 2025. — X/@ChiefAdviserGoB
Body of Osman Hadi, Bangladesh’s popular student leader, arrives at Hazrat Shahjalal International Airport in Dhaka, Bangladesh, December 19, 2025. — X/@ChiefAdviserGoB
  • Bangladeshis urged to resist violence committed by “fringe elements”.
  • Mobs vandalise media offices, attack Indian High Commission.
  • Violence to continue if justice not ensured, says activist.

The body of Osman Hadi, the popular student leader who was assassinated in Dhaka last Friday while launching his campaign for the elections, has reached the Bangladesh’s capital amid ongoing nationwide violent protests.

In a post on X, the interim government said a Biman Bangladesh Airlines flight carrying Sharif Osman Hadi’s remains landed at Hazrat Shahjalal International Airport in Dhaka at 5:48pm local time after departing from Singapore, where he was undergoing medical treatment.

Meanwhile, the interim administration urged people to resist violence as soldiers and police fanned out across Dhaka and other cities following protests, sparking fears of more unrest ahead of national elections in which he had been due to run.

The Muslim-majority nation of about 175 million people is due to elect a new parliament in less than two months’ time — a transition many hope will help the country recover from nearly two years of instability and reclaim its position as a South Asian development success story.

Frequent bouts of violent protests and political wrangling among disparate groups including hardliners have, however, punctured the national sense of euphoria that arose after student-led protests ousted powerful leader and longtime Prime Minister Sheikh Hasina in August 2024.

Supporters block the Shahbagh Square as they protest, demanding justice for the death of Sharif Osman Hadi, a student leader who had been undergoing treatment in Singapore after being shot in the head, in Dhaka, Bangladesh December 19, 2025.— Reuters
Supporters block the Shahbagh Square as they protest, demanding justice for the death of Sharif Osman Hadi, a student leader who had been undergoing treatment in Singapore after being shot in the head, in Dhaka, Bangladesh December 19, 2025.— Reuters

It has also exposed the limitations of the interim government headed by Nobel laureate Muhammad Yunus, analysts said, raising questions over his grip on governance in the world’s second-largest apparel producer after China.

Hasina’s party, the Awami League, which has been barred from the February 12 vote, has threatened unrest that some fear could derail the election itself.

Newspaper, Indian mission targeted

Youth leader Sharif Osman Hadi, 32, was shot in the head by masked assailants in Dhaka last Friday while launching his campaign for the elections. He was a spokesperson for the Inquilab Mancha, or Platform for Revolution, and participated in the protests that overthrew Hasina.

Hadi, an outspoken critic of India as well, was initially treated at a local hospital before being flown to Singapore for advanced medical care, where he died after six days on life support.

In Dhaka, videos circulating on social media showed mobs vandalising the offices of the country’s largest daily newspaper, Prothom Alo, as well as the Daily Star, on Thursday night.

People gather following the death of Sharif Osman Hadi, a student leader who had been receiving treatment in Singapore after being shot in the head, in Dhaka, Bangladesh, December 18, 2025.— Reuters
People gather following the death of Sharif Osman Hadi, a student leader who had been receiving treatment in Singapore after being shot in the head, in Dhaka, Bangladesh, December 18, 2025.— Reuters

The fire service said the blaze at the Daily Star was under control. Troops were deployed to the scene, and firefighters rescued journalists trapped inside the building.

Violence was also reported in a number of cities across Bangladesh, including the port city of Chittagong, where protesters attacked the Indian Assistant High Commission.

The unrest follows fresh anti-India protests this week, with ties between the neighbours deteriorating since Hasina fled to Delhi. On Wednesday, hundreds of demonstrators marched toward the Indian High Commission in Dhaka, chanting anti-India slogans and demanding Hasina’s return.

Although calm had returned to much of the country on Friday morning, protesters carrying national flags and placards continued demonstrating at Shahbagh in central Dhaka, chanting slogans and vowing not to return until justice was served.

Government blames ‘fringe elements’

The interim government urged the people of Bangladesh to resist all forms of mob violence, it said were committed by a “few fringe elements”.

“This is a critical moment in our nation’s history when we are making a historic democratic transition,” it said in a statement. “We cannot and must not allow it to be derailed by those few who thrive on chaos and reject peace.”

The government told journalists at the Daily Star, Prothom Alo and New Age following the attacks on their offices that, “attacks on journalists are attacks on truth itself. We promise you full justice”.

A group of people set fire to the Prothom Alo newspaper office in Karwan Bazar, following the death of Sharif Osman Hadi, a student leader who had been receiving treatment in Singapore after being shot in the head, in Dhaka, Bangladesh, December 19, 2025.— Reuters
A group of people set fire to the Prothom Alo newspaper office in Karwan Bazar, following the death of Sharif Osman Hadi, a student leader who had been receiving treatment in Singapore after being shot in the head, in Dhaka, Bangladesh, December 19, 2025.— Reuters

It also condemned the lynching of a Hindu man in Mymensingh district, who was beaten and set on fire over allegations of blasphemy in an unrelated incident, vowing that those responsible would be brought to justice.

Independent rights group Ain O Salish Kendra said in a statement that coordinated attacks on media outlets, cultural institutions and historical sites indicated the dangerous spread of extremist and violent thought in Bangladesh.

“This series of violence may remain a permanent crisis for the country’s human rights situation, democratic space and future generations,” if justice is not ensured and institutions protected, it said.





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UK, EU sanction Canadian-Pakistani oil tycoon Murtaza Lakhani for helping Russia

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UK, EU sanction Canadian-Pakistani oil tycoon Murtaza Lakhani for helping Russia


Canadian-Pakistani oil tycoon Murtaza Lakhani. — Reporter
Canadian-Pakistani oil tycoon Murtaza Lakhani. — Reporter

LONDON: The European Union (EU) and the United Kingdom (UK) have imposed sanctions on Pakistani oil trader Murtaza Ali Lakhani for allegedly helping Moscow to circumvent Western sanctions on crude exports that help to fund Russia’s war in Ukraine.

The UK accused 63-year-old Canadian-Pakistani Lakhani of “obtaining a benefit from or supporting the Government of Russia, by owning and/or controlling, directly or indirectly” several companies involved with Russia’s energy sector, including Tejarinaft, Fossil Trading and Dubai-based Amur II.

Lakhani, a former Tory donor, is the highest-profile oil trader to have been targeted by Western sanctions since Russia’s full-scale invasion of Ukraine in 2022. The move against Lakhani comes as the UK and EU are seeking to maintain pressure on the Kremlin, amid US efforts to force through controversial proposals for peace between Moscow and Kyiv.

Lakhani, a prominent Pakistani businessman who long used London as a base and is well-connected in British political circles, made a name for himself as a savvy operator in some of the most challenging jurisdictions.

Lakhani has been sanctioned separately by the EU as well. The latest EU sanctions prohibit the bloc’s citizens from doing business with the listed companies and individuals, reducing their access to shipping and insurance providers. The EU has listed more than 2,600 individuals and companies in total. Among those targeted by the EU is Canadian-Pakistani oil trader Murtaza Lakhani, CEO of trading company Mercantile and Maritime.

“Through his companies, he enables shipments and export of Russian oil, notably from the Russian state-owned oil company Rosneft,” said the listing in the EU’s Official Journal.

“In particular, Murtaza Lakhani controls vessels transporting crude oil or petroleum products originating in Russia or being exported from Russia.”

His three companies were also hit with sanctions by the UK, as was UAE-registered Mercantile & Maritime Group, with offices in London, Dubai, and Singapore. Lakhani, who was educated in London, built M&M into a significant international oil trading company, appointing grandees to its board, including a former head of the British army.

It set up a UK arm in 2015, which Lakhani owns and remains a director of, records show. That company, Mercantile & Maritime UK Limited, donated £500,000 to the Conservative party during then prime minister Boris Johnson’s 2019 election campaign, according to electoral records. M&M UK has not been hit with sanctions.

The Financial Times last month reported that Lakhani since 2022, had been linked to three companies incorporated in the United Arab Emirates that were involved in the supply of Russian oil, including Tejarinaft FZCO, which was renamed Nexus Oil Trading last year.

At the time, Lakhani’s lawyers said he did not “own or control” any of the businesses but had “provided them with ad hoc advice and assistance”.

The UK government said that the UK sanctions are squeezing Putin’s revenues, and his creaking war economy has been in free fall since the UK and US sanctioned Russia’s two largest oil companies in October.

As a result, oil revenues have hit their lowest level since Putin launched his full-scale invasion, falling over a quarter in the last year. Sanctions Minister, Stephen Doughty, said: “With Russian oil revenues in free fall, now is the time to tighten the squeeze on Putin’s brutal war machine and bring Russia to the negotiation table. Our message is clear – the UK will not rest until Putin ends the bloodshed and there is a just and lasting peace in Ukraine. The UK is cracking down on profit-hungry traders making millions off illicit Russian oil. Today’s measures target billionaire oil tycoon Murtaza Ali Lakhani and companies in his shadowy network that have become some of the largest traders of Russian oil since 2022.”

In a statement to Geo News, Lakhani’s lawyers said: “Mr Lakhani denies the allegations that he owns or controls any shadow fleet of vessels trading Russia petroleum products in breach of any applicable sanctions law. Mr Lakhani is immediately pursuing all avenues of legal remedy and redress to defend, refute, and appeal the unfounded, unfair and politically motivated sanction designations of the EU and UK.”

Lakhani started his career at global trader Glencore, where he worked on Iraqi oil exports during the Saddam Hussein era and later moved to Iraq’s Kurdistan region, where he acted as an intermediary between the oil ministry and international companies to sell oil independently of Baghdad.

During this period, he helped Russian state-controlled energy giant Rosneft to sign oil and gas deals in Kurdistan, working closely with Rosneft CEO Igor Sechin, including during signing ceremonies at Russia’s main economic forum in St Petersburg.

Building on this relationship, Lakhani partnered top oil trader Vitol to invest in a 5% stake in Rosneft’s largest oil project in decades, Vostok Oil in the Arctic.

“This country (Russia) is the largest resource country in the world. Hampering it is a very short-term effect, not a long-term goal for anybody. They will always need Russia,” he told Russia’s SolovievLive at the St Petersburg Forum in June.





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