By R. Suryamurthy India’s July 2025 GST revenue numbers arrived dressed in confidence. A 7.5% year-on-year rise in gross collections to ₹1.95 lakh crore suggests continuity and resilience. Yet, behind the sheen of top-line growth lies a fragile and fractured economic narrative—one of sputtering domestic demand, an unsustainable reliance...
By Dr Imran Khalid On July 26, 2025, amid the grandeur of Shanghai’s World Artificial Intelligence Conference and High-Level Meeting on AI Governance, China unveiled what may well become the defining moment in the transformation of global artificial intelligence – its AI Global Governance Action Plan and the bold...
By Dr. Gyan Pathak Delhi government has finally taken a step towards implementation of the controversial new labour codes by publishing its Draft Code on Social Security Rules, 2025 on July 28, 2025. This is first to be framed by the Delhi Government under the Code on Social Security...
By Gurmehar Kaur, Divya Spandana/Ramya We did not learn it from the news. We learned it from each other. Last week, a woman who had in 2017 dared to file a case against a powerful man, posted an update on a close friend’s Instagram story. The man, who she...
NEW DELHI: Fitch Ratings on Friday cut India’s GDP projections for the current fiscal to 6.3 per cent and said it expects a limited direct impact of higher US tariffs on Indian corporates. In its Global Economic Outlook in April, Fitch had estimated India’s GDP growth at 6.4 per...
MUMBAI: India’s manufacturing sector growth strengthened in July to a 16-month high of 59.1, supported by faster increases in new orders and output amid favourable demand conditions, a monthly survey said on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 58.4 in June to...
MUMBAI: Almost 90% of economists and market participants believe that the Monetary Policy Committee (MPC) will press the ‘pause’ button in the upcoming policy meeting between August 4 and August 6, according to FE. In addition, all the 16 people polled believe that there will be no change in...
MUMBAI: The Securities and Exchanges Board of India (SEBI), in a bid to widen the investor base of real estate trusts (REITs) and infrastructure trusts (InvITs) and improve inflows, has proposed to allow foreign investors and qualified investor buyers (QIBs) as strategic investors. The concept of ‘strategic investors’ was...
NEW DELHI: As Washington tightens its stance through high tariffs and a penalty on imports from India, the country could seek to leverage the situation by offering trade arrangements such as long-term LNG contracts, increased crude oil imports, and joint ventures in solar and other renewable sources of energy...
By Nitya Chakraborty It is not a cliché to say that our powerful Prime Minister Narendra Modi’s moment truth has arrived after 11 years of ruling the country as the unchallenged leader. The 25 per cent tariff hike on Indian exports announced by the United States President Donald Trump...
By Prakash Karat The Narendra Modi government should hang its head in shame – if it has any sense of shame left. Unfolding before the eyes of the world is the horrific and unbearable spectacle of mass starvation in Gaza, of babies and children wasting away due to malnutrition...
By Anjan Roy India will for sure face some limited economic impact as the US President Donald Trump’s 25 per cent tariff on Indian exports to USA, starts to be effective from August 1, Friday.. However, it could still be manageable eventually with a determined effort to further diversify...
By Satyaki Chakraborty China has come out officially in support of the main opposition party in Bangladesh, Bangladesh Nationalist Party (BNP) as the chief adviser of the interim government Dr. Muhammad Yunus prepares to announce the dates of the general elections shortly. Political sources say that the announcement might...
By Dr. Gyan Pathak US President Donald Trump’s calling India a ‘dead economy’ speaks more of his frustration in extracting the level of benefit he hoped to gain from trade negotiations with India and less of the real state of Indian Economy. He clearly used the term metaphorically to...
By T N Ashok NEW YORK: Indian immigrants in the U.S.—from H-1B workers to green card applicants and undocumented families—are facing the brunt of the sweeping Trump legislation, One Big Beautiful Bill, that has no beauty for them but has set off waves of anxiety. The 900 pages long...
By Pradeep Kapoor LUCKNOW: The denial of extension to Uttar Pradesh chief secretary Manoj Kumar Singh IAS on July 31 exposed that all was not good between Yogi government in state and Modi government despite UP being double engine governments of BJP. It was indeed a big jolt to...
By T N Ashok NEW YORK: On Wednesday July 30, former Vice President Kamala Harris announced she will not run for Governor of California in 2026, effectively ending rampant speculation about a political return to her home state. Harris framed the decision as one born from “deep reflection,” declaring:...
MUMBAI: The higher-than-anticipated 25% tariff on Indian exports to the US is a 20-30 bps downside risk to the growth forecast this fiscal unless the ongoing trade talks bring it down, say economists. On Wednesday night, US President Donald Trump unexpectedly announced a 25% flat tariff on Indian goods...