By Dr. Gyan Pathak Consolidated state government finances as per the data for provisional accounts witnessed deterioration in 2024-25. The consolidated Gross Fiscal Deficit (GFD) to gross state domestic product (GFD-GSDP) ratio of states rose in 2024-25 owing to a shortfall in tax revenue and lower grants from the...
By Asad Mirza While the continuing Israel-Iran missile war captivated the global attention, innocent and unarmed Palestinians are being killed in Gaza. Reportedly, 450 Palestinians have been killed near Aid Centres or Food Centres being run by an American relief organisation. But the so-called Islamic countries and even India,...
By Krishna Jha Fulgencio Batista was the ruler dictator in Cuba from 1952 to 1959. Under him, Cuba became a safe haven for all kinds of crimes and corruption. After coming to power, in 1952 in a coup d’etat, among the first things that Batista did was he destroyed...
By Rohit Mani Tiwari On May 23, while delivering a historic judgment in K Umadevi v. State of Tamil Nadu (2025), the Supreme Court unequivocally declared that ‘leave and benefit due to maternity situation of a woman’ are fundamental rights. The Court linked several previous cases, international conventions, treaties,...
By Nick French NEW YORK: Political lightning struck New York City last night. Against all expectations, thirty-three-year-old democratic socialist and third-term state assemblyman Zohran Mamdani took a commanding lead in the first round of ranked-choice votes against former New York governor Andrew Cuomo, the primary’s front-runner. By the end...
MUMBAI: Tariff-related uncertainties ahead of the July imposition deadlines could have a disproportionate impact on the world economy, although domestic growth underpinned by benign inflation should shield India from global headwinds, central bank economists said. Negative trade policy outcomes that spawn further trade barriers, coupled with geopolitical uncertainties, could...
KOLKATA: Union Commerce and Industry Minister Piyush Goyal said India is firmly on track to become a $5 trillion economy by 2027 despite global turbulence, driven by a collective national effort and strong leadership under Prime Minister Narendra Modi. Speaking at a virtual session organised by the Merchants’ Chamber...
NEW DELHI: A new global study on Wednesday listed India among the top fintech hotspots alongside the US and the UK. The World Economic Forum (WEF) study, released at its Annual Meeting of New Champions in China’s Tianjin, also said the fintech sector growth is stabilising amid strengthening profitability...
NEW DELHI: The BRICS countries have expressed “grave concern” over military strikes against Iran in “violation of international law and the United Nations Charter,” and called for an urgent need to break the cycle of violence and restore peace. In a joint statement on Wednesday, the influential bloc comprising...
NEW DELHI: The draft India–UK free trade agreement (FTA) has introduced a “coequal” rule or product-specific origin norms to offer greater flexibility to specific goods, said people aware of the matter. The rule will allow the producer of a good to meet any of the criteria of origin to...
By Dr. Gyan Pathak Government of India led by the Prime Minister Narendra Modi is observing June 25, 2025, as the first Savmidhan Hatya Diwas (the Day of Killing the Constitution of India), to remember the day of proclamation of emergency at midnight of June 25, 1975 in the...
By K Raveendran Ever since Israel and the United States jointly launched strikes against Iran’s nuclear facilities, de-escalation began to shape the contours of strategic discourse in West Asia. What was initially presented as a bold and surgical operation against Iran’s suspected nuclear infrastructure quickly unfolded into something far...
By Satyaki Chakraborty It was not a coincidence that the 33 year old Indian origin Muslim Zohran Mamdani’s convincing win in the primary elections of the Democratic Party for the post of New York Mayor took place on June 24 the same day Donald Trump announced his Israel-Iran ceasefire...
By Anjan Roy TORONTO: Amidst a sudden declaration of ceasefire between Israel and Iran by the US president Donald Trump, the abiding mystery about Iran as of now is the complete absence of the country’s so-called supreme leader Ayatollah Ali Khamenei. Since the US raids began and ended, there...
By Ashis Biswas KOLKATA: Despite running the administration for almost eleven months virtually unchallenged, the interim Government in Bangladesh has not been able to achieve functional cohesion or departmental coordination even on major matters of policy. The most recent example is a controversy within the administration over the proposed...
By Dr Arun Mitra The Maharashtra government’s decision to introduce military training to the students from class 1 to class 5 is absurd, dangerous and against the basic tenets of education. The state Education Minister, Dada Bhuse said the idea to provide military training to children from Class one...
By Ben Chacko LONDON: The ceasefire between Iran and Israel, hanging by a thread as it is, is welcome. It pauses a cycle of escalation that threatened to engulf the whole region in war. However, it solves little in itself. For one thing, Israel has unilaterally broken two ceasefires...