NEW DELHI: After a better-than-expected 7.8 per cent growth in the first quarter of financial year 2026 (Q1FY26), the front‐loaded government spending and exports are likely to begin to unwind significantly in the second quarter, BMI, a Fitch Solutions company, said in its India Outlook report published Monday. “Government...
NEW DELHI: The Union government is learnt to have proposed slashing the GST rate on personal care items to 5% from 18% earlier in new details emerging just ahead of the crucial GST Council Meeting on Wednesday. This along with a proposed cut in food and beverage items to...
By T N Ashok NEW YORK: For the first time since 2018, Indian Prime Minister Narendra Modi landed in China in late August 2025, greeted warmly by President Xi Jinping for the annual Shanghai Cooperation Organisation (SCO) Summit. Alongside Russian President Vladimir Putin, the trio projected a striking image...
By Asad Mirza The SCO Summit in Tianjin held on August 31 and September 1 has provided India a timely opportunity to reset its ties with China and also prodded Russia to revive the old Russia, India, and China (RIC) forum. RIC may emerge as a potential defence against...
By Arun Srivastava The Supreme Court wants the voters of Bihar believe the undertaking of the Election Commission that objections or claims for exclusion or inclusion of names in the final voters’ list during the special intensive revision of rolls in poll-bound Bihar would continue till the last day...
By Subrata Majumder Japan committed investment in India worth Yen 10 trillion (US $ 65 Billion) in the next decade. This is more than what Japan Invested in India till now. (US$ 44 Billion). The moot point for enhanced investment is to make India hub for alternative supply chain....
By Prof G Mohan Gopal India’s current Home Minister is no ordinary minister. He is one of the two most powerful leaders of the Union government, one whose words command wide authority. It has been widely reported that in the course of delivering a public speech in Kochi, Kerala,...
By Sushil Kutty The most powerful nuclear bomb ever was the Tsar Bomba, a thermonuclear weapon the Soviets tested. It was a three-stage hydrogen bomb. Congress MP Rahul Gandhi says he’s going to detonate a hydrogen bomb soon. Rahul’s hydrogen bomb is political and will fall on NDA aspirations....
NEW DELHI: Indian manufacturing sector witnessed the fastest improvement in operating conditions in over 17 years in August, driven by an increased production efficiency and healthy demand conditions, a monthly report said on Monday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 59.1 in July...
NEW DELHI: The member states of the Shanghai Cooperation Organisation (SCO) agreed to a Chinese proposal to set up a new development bank, and in their joint declaration, issued after the summit concluded on Monday, opposed unilateral coercive measures and vowed to facilitate trade within the group. In his...
MUMBAI: India’s current account balance slipped into a deficit of $2.4 billion, or 0.2 per cent of gross domestic product (GDP), in the April–June quarter (Q1) of 2025–26 (FY26). In contrast, it had posted a surplus of $13.5 billion (1.3 per cent of GDP) in the January–March quarter (Q4)...
NEW DELHI: While the US tariffs may shave off as much as $37 billion from merchandise exports, India’s overall shipments – goods and services combined– might still marginally exceed last year’s level in 2025-26, analysts reckon. However, the pace of growth will likely slow. “Combining goods and services, total...
MUMBAI: Foreign portfolio investors (FPIs) continue to be bearish on Indian markets due to various factors. The recent acceleration in sales of ₹37,823 crore in August, marks the third biggest monthly outflow this year, after January and February outflows of Rs 72,677 crore Rs 46,599 crore, respectively. Overall, in...
By Nitya Chakraborty Prime Minister Narendra Modi’s bilateral talks with the Chinese President Xi Jinping on Sunday at Tianjin in China on the sidelines of Shanghai Cooperation Organisation (SCO) summit have sent some very positive signals which may herald the evolution of an independent foreign policy of India voicing...
By Nantoo Banerjee India’s fear for an uncertain outcome of the trade shock from the US looks rather out of sync with its pro-import economic policies. The country never aspired to become an export-oriented nation. Domestic manufacturing is heavily taxed. The government was never serious about export push and...
By Dr. Gyan Pathak The mystery of voter list manipulation in Bihar through SIR of the Electoral roll has further deepened on September 1, 2025, the earlier announced last day of submission of claims for deletion and addition. There are lakhs of addition and deletion requests pending before the...
By T N Ashok NEW YORK: Indian Prime Minister Narendra Modi’s visit to SCO at Tianjin in China with an arm stretched out for Xi Jinping has taken the world by surprise, especially the USA which was building the Asian giant as a counterweight to China in the Quad...
By Kalyani Shankar On Wednesday morning, last week, India woke up to 50 per cent tariffs imposed on its goods sold to the US. The Trump administration followed through on its threat to double levies from 25 per cent due to India’s purchase of Russian oil. Since his return...