NEW DELHI: The Goods and Services Tax Council (GST) may meet in August to discuss the much-anticipated restructuring of tax rates and slabs, amid heightened expectation of the exercise leading to a consumption booster, with a reduction in aggregate tax incidence. “Since there is not much time left before...
NEW DELHI: India and the US are nearing a mini trade deal with politically and economically sensitive sectors of dairy and agriculture likely to be excluded from the pact, officials said. “The deal is in its conclusion phase,” said an official. “Most issues related to agri may be discussed...
NEW DELHI: Indian businesses have a potential to generate $9.82 trillion ineconomic value by moving beyond traditional sector-based models and addressing fundamental human and industrial needs, a report by PwC India said. The PwC report, Navigating the Value Shift, estimates that Indian businesses can unlock $9.82 trillion in gross...
By Nitya Chakraborty On the eve of the 17th BRICS Summit scheduled at Rio de Janeiro in Brazil on July 6 and 7, the ongoing discussions among the senior officials of the member countries for the preparation of the draft joint declaration from the Summit, are showing big divergence...
By K Raveendran OPEC+ appears to be navigating one of its most intricate balancing acts in recent years as it prepares to announce a fourth consecutive production hike. The move, at first glance, seems at odds with its long-standing goal of stabilizing and supporting oil prices. The geopolitical volatility...
By Dr. Gyan Pathak All indications emanating from the industrial belts across the country suggest that the All India Workers’ Strike on July 9, 2025 will be a time of reckoning, the consequences of which, whether good or bad, must be faced and dealt with, both by the workers’...
By Imran Khalid In a global economic environment that remains shaky and uneven, China’s ability to attract foreign direct investment (FDI) is more than just a bright spot – it’s a quiet vindication of long-term planning, policy stability, and a commitment to innovation-led growth. Contrary to Western narratives of...
By Indrani Chakraborty Exactly four years ago on July 5, 2021 Fr. Stan Swamy died in judicial custody due to medical negligence in what many objectively term as an ‘institutional killing.’ Recalling his life and legacy dedicated to the Dalit and Adivasi rights movements, fifteen friends, warped themselves in...
By Ben Chacko LONDON: Zarah Sultana’s announcement on co-leading the founding of a new party with Jeremy Corbyn will be welcomed across much of the left. It does not come out of the blue. Work to bring together a socialist election-fighting machine around the former Labour leader has proceeded...
NEW DELHI: India is poised to remain one of the fastest-growing economies globally over the coming years, finance minister Nirmala Sitharaman said on Friday, reaffirming the country’s commitment to inclusive, sustainable and innovation-led development across the Global South. Speaking at the 10th annual meeting of the board of governors...
NEW DELHI: India on Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on automobile sector in the name of safeguard measures. “The proposed suspension of concessions or other obligations would take the form of an increase in tariffs on...
NEW DELHI: The Telecom Regulatory Authority of India (TRAI) has released a consultation paper seeking stakeholder views on the use and sale of foreign telecom service providers’ SIMs and eSIMs in India, specifically for integration into machine-to-machine (M2M) and Internet of Things (IoT) devices that are meant for export....
NEW DELHI: A broad trade deal between India and the US could give a big boost to India’s exports and manufacturing capacity, helping the country’s economy grow steadily in the long run, according to a new Bloomberg Economics report. The US, currently India’s largest export destination accounting for 19.3%...
NEW DELHI: The banking regulator is examining suggestions to further streamline credit bureau processes and reduce information asymmetry with lenders, a move aimed at addressing data inconsistency and transparency for customers, said people familiar with the development. “A technical working group has been formed by the RBI (Reserve Bank...
By Dr. Gyan Pathak One decade has passed of the adoption of the Sustainable Development Goals (SDG), yet India is off the track in several of them which require intensified and focused interventions to achieve the targets by 2030. While notable progress has been made in several sectors, significant...
By Sushil Kutty July 4, big day for the United States, and President Donald Trump’s “signature piece of legislation”, his ‘Big Beautiful Bill’ is on his desk in the ‘Oval’ for his sprawling signature. ‘BBB’ was passed on Thursday and includes trillions of dollars in tax and spending cuts....
By Prabhat Patnaik The Nehru-Mahalanobis strategy which broadly underlay the entire dirigiste period is now being intensely vilified, not just by the Modi crowd, but even by neoliberal elements within the Congress and outside. As neoliberalism gets deeper into crisis and as disillusionment with it becomes more pervasive, its...
By Pradeep Kapoor LUCKNOW: NDA partner Apna Dal (S) headed by Union Minister Anupriya Patel and her husband Asheesh Patel is heading for a split two years before assembly polls in Uttar Pradesh scheduled in 2027.On the occasion of birth anniversary of the founder of Apna Dal Dr Sonelal...