By Roger D Harris and John Perry NEW YORK: With the Trump imperium passing the half-year mark, the posture of the US empire is ever clearer. Call it the “new cold war” or – in Trump’s words, “endless war” – this is the era that the world has entered....
NEW DELHI: Days before a self-imposed deadline on potential trade tariffs, former US President Donald Trump repeated his dissatisfaction with India’s trade policies, while still calling the current negotiations promising for the United States. “India has been a good friend. But India has charged basically more tariffs than almost...
MUMBAI: The Reserve Bank of India (RBI), which has been frowning upon the mushrooming of alternative investment funds (AIFs) for quite sometime, has tightened the overall regulations by capping the investments by banks, non-banks and all-India financial institutions at 10% of the corpus of any such scheme. The new...
NEW DELHI: The International Monetary Fund (IMF) on Tuesday raised India’s gross domestic product (GDP) growth forecast by 0.2 percentage point to 6.4%, citing improved external environment. In its July World Economic Outlook Update, the multilateral agency also revised upward India’s GDP growth estimate by 0.1 percentage point to...
NEW DELHI: State-owned Gail India is expecting global natural gas prices to soften going forward, aiding its growth, and has charted out a capex plan of Rs 12,000 crore for the financial year 2026-27. “This is actually not a normal situation in which we are experiencing that Henry Hub...
NEW DELHI: India’s total wireless phone subscriber base, including mobile and 5G Fixed Wireless Access (FWA), rose to 1170.88 million at the end of June 2025, registering a monthly growth rate of 0.21 per cent, according to the latest data release by Telecom Regulatory Authority of India (TRAI). This...
By Dr. Gyan Pathak As Election Commission of India (ECI) was busy in giving final shape to the Draft Revised Electoral Roll of Bihar to be published on August 1, an oral direction of the Supreme Court to ECI on July 28 to proceed with accepting Aadhaar and Electors...
By T N Ashok NEW YORK: US President Donald Trump is emerging as a parallel to the WTO which we could eponymously call the “American Trade Organisation” — ATO — with his Art of the Deal with Indonesia, Japan and now EU. ATO is a unique organization that Trump...
By R. Suryamurthy When China quietly shut off the tap on fertiliser exports to India earlier this year, it didn’t just disrupt supply lines or trigger a price surge. It exposed a far more troubling truth: India’s agricultural security is only as strong as the weakest link in its...
By Arun Srivastava Quite intriguing, notwithstanding agreeing to the submission of petitioners, especially of the Association of Democratic Reforms, the Supreme Court has refused to pass order restraining ECI from publishing the draft voter list implying the implementation of its plan to remove names of nearly 1 crore Dalits,...
By Sushil Kutty Union Home Minister Amit Shah spoke in the special debate on Operation Sindoor and Operation Mahadev and it was a clinical performance, concentrating as he did on explaining threadbare ‘Operation Sindoor’, which was primarily against ‘terrorism’ and Pakistan was a carrier of the disease. For Shah,...
By Subrata Majumder Concerns loomed large, when the basic reciprocal tariff on imports from Vietnam to USA was drastically cut by Trump administration on July 9, 2025 from 45 percent to 20 percent, leaving India in a major setback. This is lower than import tariff from India, which will...
By Tirthankar Mitra KOLKATA: Processions are commonplace in West Bengal with its capital Kolkata being once dubbed “a city of processions” by a prime minister. But the “bhasa michil’ (language procession) taken out on Monday by Trinamool Congress supremo Mamata Banerjee leading a sizeable number of activists in the...
NEW DELHI: Indian economy has the look and feel of “steady as she goes” for the current fiscal, the Finance Ministry said on Monday even as it flagged slowing credit growth. In its monthly economic review, the ministry said the first quarter of fiscal 2025-26 (FY26) presents a picture...
NEW DELHI: Industrial output growth slumped to a 10-month low of 1.5% in June as mining and electricity sectors contracted sharply, causing the Index of Industrial Production (IIP) to rise at an 11-quarter low rate of 2% in April-June quarter. The IIP had risen 1.9% in May and 4.9%...
NEW DELHI: To prepare the industry for the opportunities opened up by the Comprehensive Economic and Trade Agreement (CETA) with the UK, the ministry of commerce and industry on Monday held a meeting with the textile, leather and footwear sectors. The aim of the meeting was to inform the...
MUMBAI: Foreign Institutional Investors (FIIs) have pared their holdings in public sector undertaking (PSU) banks during Q1FY26, signalling near-term caution after a robust FY25 rally. Data shows the average foreign portfolio investment (FPI) in PSU banks eased from 4.60% in Q4FY25 to 4.44% in Q1FY26, as investors selectively rebalanced...
NEW DELHI: The proposed increase in foreign direct investment (FDI) limit from 74% to 100% for insurance companies may unlock the full potential of the sector, which is projected to grow at 7.1% annually over the next five years, finance minister Nirmala Sitharaman told Lok Sabha on Monday. The...