By Tirthankar Mitra KOLKATA: New brooms sweep clean. And after being made the leader of All India Trinamool Congress in the Lok Sabha, Abhishek Banerjee has turned his sights on the polling booths of West Bengal for a triumphant result in 2026 Assembly elections in the state. Mamata Banerjee-led...
NEW DELHI: With New Delhi still looking to find ways to respond to the White House threats of increasing tariffs on Indian goods, US President Donald Trump on Tuesday issued a fresh warning saying he would raise tariffs “very substantially” over the next 24 hours because India is buying...
NEW DELHI: India and Philippines on Tuesday exchanged the terms of reference of a Preferential Trade Agreement (PTA) that will build on the liberal terms already offered by Asean-India Trade in Goods Agreement (AITIGA) for bilateral trade. The Philippines as a member of the Association of Southeast Asian Nations...
NEW DELHI: The Indian services sector growth touched an 11 month high in July, supported by a pickup in new exports orders and sharp rise in overall sales, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 60.5 in July,...
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the imprint on global commerce President Donald Trump is making with sweeping tariffs on imported...
MUMBAI: The rising demand in India’s retail credit market has opened new opportunities for Non-Banking Financial Companies (NBFCs) to expand their investor base, according to a recent report by Crisil Intelligence. The report highlighted the strong and consistent growth seen in the Indian retail credit space and predicts continued...
By Mark Gruenberg NEW YORK—The Trump administration and its radical right foot-soldiers in the federal government and in the states are undertaking a comprehensive scheme to undermine future state and federal elections, in effect rigging the rolls to keep themselves in power no matter what the voters decide. So...
By Dr. Gyan Pathak A citizen’s right to criticise the government is protected under the Constitution of India. Nevertheless, a Bench of the Supreme Court of India comprising Justices Dipankar Datta and Augustine George Mahish questioned the patriotism of India’s leader of the opposition Rahul Gandhi on August 4,...
By Krishna Jha The National Council of Educational Research and Training (NCERT) has been aggressively pursuing the task of distorting our past. It is trying to rewrite it according to its subjective interpretations which amount to primacy of bias against the fact. Times are with them and distortion goes...
By T N Ashok NEW YORK: Over the past decade Private Equity (PE) firms have invested over $1 trillion in U.S. healthcare, acquiring hundreds of hospitals as for-profit assets. In India private equity, both domestic and overseas, and venture capital investments in Indian health care systems and hospitals has jumped...
By Arun Srivastava For Adivasis of India, Shibu Soren was their second Bhagwan (God) after their first Bhagwan Birsa Munda. In the initial years of his struggle for emancipation of adivasis from the grip of non-adivasi money lenders and landlord nexus, he followed the line of political reform. But...
By Sushil Kutty It did not take long for actor-politician Kamal Haasan to reveal his true colours. It isn’t ‘saffron’, though. ‘Kamal Saar’ is a time-tested disruptor. He is grateful to Tamil Nadu Deputy Chief Minister Udhayanidhi Stalin for the Rajya Sabha seat and whose thoughts on ‘Sanatan Dharma’...
By Jhuma Sen In the name of “purifying” the electoral rolls, the Election Commission of India (‘ECI’) has launched a bureaucratic assault on the right to vote in Bihar. The ongoing Special Intensive Revision (‘SIR’), now under challenge before the Supreme Court in Association for Democratic Reforms v. ECI,...
By T N Ashok NEW YORK: The 2024 U.S. presidential election marked a decisive and humiliating blow to the Democratic Party. Donald Trump, once impeached, twice indicted, returned to the White House with renewed authority and an emboldened political machine, bulldozing every democratic institution in his path. The Democrats,...
MUMBAI: India’s MSME lending market is entering a new phase of competitive intensity, with banks slashing rates to woo and retain clients in the Rs 5–30 crore ticket size range. “To retain clients, particularly in the MSMEs space, banks are lending at rates as low as 8.5%,” said a...
NEW DELHI: The government may opt for a product-specific approach as it firms up the policy support to merchandise exporters in the wake of the 25% additional tariff imposed by the United States, the country’s largest export market. Within broad sectors, specific products, where the exporters are directly in...
NEW DELHI: India’s merchandise exports to the US are projected to contract 30% on year to $ 60.6 billion in the current financial year due to the additional 25% tariffs imposed on India by President Donald Trump, a report said. India now faces a 25% country-specific tariff and an...
MUMBAI: Non-bank lenders have approached the central bank to ease, among other curbs, prescribed risk weights on products such as loans against property (LAP), arguing the risk profiles of such assets do not justify bracketing them together with unsecured exposures, or even plain-vanilla mortgages. “In our experience, losses on...