The Palmarosa-based cottage industry in Dharmapuri district is facing a severe crisis as cultivation of the aromatic crop declines sharply amid weak market demand, erratic rainfall and poor returns for farmers.
Global and Indian airlines cancelled and diverted hundreds of flights for a third straight day on Monday after the escalating US-Israel and Iran war prompted widespread airspace closures across West Asia and the Gulf.
As US Supreme Court struck down President Donald Trump’s use of emergency powers to impose sweeping “reciprocal” tariffs, analysts said on Saturday that roughly 55 per cent of India’s exports to the US is likely to be subjected to Most Favoured Nation (MFN) tariffs, instead of 18 per cent duties (which have now been lowered to 10 per cent).
