NEW DELHI: Odisha, Assam, Tamil Nadu and Karnataka were among the major states which spearheaded India’s recovery from pandemic lows during FY20- FY25, by witnessing a CAGR of over 6% in gross state domestic product (GSDP), India Ratings said in a report. India Ratings analysis of the latest GSDP...
By P. Sudhir The 24th Congress of the CPI(M), which concluded at Madurai on April 6 with a massive rally, was notable in many respects. There were changes both in the agenda and content of the Congress discussions. First of all, a Political Review Report which reviewed the implementation...
By Dr. Gyan Pathak In the two-day AICC session in Ahmedabad, the Congress has moved forward. The resolution finally adopted on April 9, 2025, shows that the party has made up it mind to adopt a modulated strategy which includes both the confrontational path against “inflicted grave injustice” upon...
By Krishna Jha “Who are you threatening? Waqf Act will be law, and all will have to obey,” declared home minister Amit Shah. It was almost prophetic, leaving no uncertainties. Autocracy was spreading its wings with brutal intolerance against any voices raised in opposition. The initiative itself reflects not...
By Satyaki Chakraborty The German conservatives under the leadership of Friedrich Merz finally clinched a deal with the ruling Social Democrats (SPD) for forming a coalition which will run Europe’s largest economy for the next four years amidst new global scenario following Donald Trump taking over as the U.S....
By Arun Srivastava National identity matters. Taking control of the Waqf properties is a strategic design of the saffron ecosystem to deny the national identity of Muslims of being Indian. Like the national identity, community identity nurtures a sense of belonging, mutual understanding and also strengthens social bonds. It...
By Kashish Aneja, Lawrence O. Gostin This year’s World Health Day falls against the backdrop of strained multilateralism and a crisis in global health funding. World Health Day serves as a stark reminder that good governance, sustained financing, and collective action are essential to safeguard public health worldwide. It...
MUMBAI: The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday unanimously lowered the policy repo rate by 25 basis points to 6 per cent, marking a second consecutive cut. It also changed its policy stance to “accommodative”, signalling the likelihood of further easing...
NEW DELHI: The Asian Development Bank (ADB) has revised downwards India’s GDP growth forecast for the financial year 2025-26 (FY26) to 6.7 per cent from the earlier 7 per cent in its April 2025 latest outlook report. “A major risk arises from US tariff levies on India’s and other...
MUMBAI: All regulated entities can now take part in colending, whose scope will extend beyond segments covered under priority-sector lending (PSL), according to the Reserve Bank of India (RBI). Banks can enter into such arrangements with one another and not just with non-banking financial companies (NBFCs). Similarly, an NBFC...
NEW DELHI: Lower crude oil prices is likely to moderate inflation, creating space for more monetary policy accommodation, chief economic adviser V Anantha Nageswaran said on Wednesday. The Reserve Bank of India on Wednesday cut interest rates by a quarter point and shifted from neutral to accommodative policy stance....
NEW DELHI: The government plans to amend the Aadhaar Act, 2016, to harmonise it with the Digital Personal Data Protection (DPDP) Act, 2023. Electronics and IT minister Ashwini Vaishnaw has urged the Unique Identification Authority of India (UIDAI), which manages Aadhaar to plug the loopholes in the law once...
MUMBAI: REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of `1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The...
MUMBAI: Reserve Bank Governor Sanjay Malhotra on Wednesday said the central bank does not target any level or band for the rupee-dollar exchange rate, but intervenes in forex market only when there is excessive volatility. Talking to reporters after the announcement of the April monetary policy, the Governor said...
MUMBAI: The rupee extended its losing streak for the fourth straight session and settled 45 paise lower at 86.71 (provisional) against the US dollar on Wednesday, amid escalating tariff turbulence globally even as the Reserve Bank reduced key interest rate by 25 basis points as a growth-stimulus measure. Even...
KATHMANDU: India and Nepal on Wednesday signed an agreement to enhance cooperation in the field of agriculture and further deepen the partnership between the two countries. The agreement was inked by Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan and Nepal’s Minister for Agriculture and Livestock Development Ram Nath...
BEIJING: Chinese President Xi Jinping on Wednesday pledged to strengthen the strategic relationships with neighbouring countries by “appropriately” managing differences and enhancing supply chain ties as China’s tariff war with the US escalated. In his first public speech after US President Donald Trump’s steep global hike of tariffs, especially...
By Nitya Chakraborty What is happening to the “Neighbourhood First” policy of the Indian Prime Minister Narendra Modi in the year 2025? Modi is an expert in coining attractive slogans whether those finally work or not. For South Asia, he opted for Neighbourhood First and for South East Asia...