MUMBAI: The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) has left the policy repo rate unchanged at 5.25 per cemt for a third consecutive meeting, citing mounting global uncertainties, including the absence of a peace deal between the US and Iran. The central bank...
NEW DELHI: The ongoing West Asia conflict poses significant supply- and demand-side risks to India’s economy. However, high-frequency indicators through April and early May 2026 suggest that domestic demand and economic activity have remained resilient despite emerging signs of stress, Chief Economic Adviser V. Anantha Nageswaran said on Friday....
By Dr. Gyan Pathak After a series of political setbacks since Lok Sabha Election 2024, the meet of the INDIA bloc scheduled to be held at the Constitution Club in New Delhi on June 8 is a significant development, especially when one of its allies DMK has announced to...
By T N Ashok In India’s high-stakes corporate world, timing is everything. Sometimes it creates billionaires. Sometimes it destroys them. And occasionally, it raises questions that refuse to go away. The latest controversy involving mining billionaire Anil Agarwal’s Vedanta Group, the Enforcement Directorate’s (ED) searches under the Foreign Exchange...
By Ashok Nilakantan Ayers NEWYORK: For nearly four months, President Donald Trump has projected confidence that America could sustain a military confrontation with Iran while simultaneously negotiating peace from a position of strength. This week, however, the strongest challenge to that assumption did not come from Tehran, Moscow, Beijing,...
By Tirthankar Mitra Trinamool Congress has split. The handiwork of the BJP is discernible in wrecking the outfit to which it was once allied and later turned a bitter political adversary. Inarguably the most significant indication in this regard was accepting Mamata Banerjee as the leader of splinter group...
By Rahil Nora Chopra The Trinamool Congress is struggling with its biggest-ever internal crisis, with 58 MLAs wresting control of the party’s legislature wing, electing Ritabrata Banerjee as their leader and attaining recognition from the Assembly Speaker, while reaffirming Mamata Banerjee as the party’s leader. The move is being...
By Krishna Jha The recent trend of growth in trade and economic exchange between India and China is a welcome development, particularly in the context of the deepening Hormuz Crisis consequent upon the US imperialist aggression against Iran and its bullying tactics against other countries. The US began arm-twisting...
By Harman Singh When the country was struggling for independence, the world was grappling with World War II. The people of Bengal were suffering from the tragedy of famine. During that period, on May 25, 1943, writers and artists from various states and princely kingdoms came together in Mumbai...
NEW DELHI: India and the US on Thursday wrapped up another round of discussions on an interim trade deal, as both sides sought to bridge gaps in their respective positions. A statement issued by the government after the conclusion of the bilateral talks that began on Monday was, however,...
NEW DELHI: India’s informal enterprises are getting a productivity and formalisation push from digitalisation, with a one-unit increase in digital adoption being associated with roughly a 76 per cent rise in labour productivity, according to an analysis of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2025 by SBI...
NEW DELHI: India is likely to pursue an investment commitment, similar to provisions in some of its latest free trade agreements (FTAs), under the proposed Comprehensive Economic Partnership Agreement (CEPA) with Canada, an official aware of the matter said. “Both sides will sit together to decide what quantum of...
NEW DELHI: Uzbekistan is courting Indian pharmaceutical, nutraceutical and biotechnology companies as it seeks to transform itself into a manufacturing and export hub for the Commonwealth of Independent States (CIS) region, Uzbekistan Health Minister Abdulla Azizov said during an interaction in India. Uzbekistan has set an ambitious target of...
NEW DELHI: India’s global capability centres (GCCs) are increasingly hiring AI and engineering talent through contract and project-based models, driven by rising demand for specialised skills and faster deployment, as companies move away from traditional workforce expansion towards flexible, outcome-focused teams. Industry executives say the shift has become more...
By Dr. Gyan Pathak The preliminary version of the OECD Outlook released on June 3, 2026 has projected the real GDP of India to grow by 6.3% during the FY 2026-27, which is a sharp decline from the robust growth rate of 7.8 per cent year-on-year in the quarter...
By Nilotpal Basu The Supreme Court’s order in connection with petitions against Election Commission’s SIR orders in Bihar states that “the commission is empowered in the exercise of its constitutional mandate to undertake a limited enquiry into citizenship for the purpose of satisfying itself as to eligibility for inclusion...
By P. Sreekumaran THIRUVANANTHAPURAM: Three weeks are too short a period to evaluate the performance of a newly-elected Government. But the period throws up significant straws in the wind which show the direction in which the Government intends to move. And there are clear indications that the VD Satheesan-led...
By T N Ashok In India, where film stars command a level of public trust that often exceeds that enjoyed by politicians, doctors and even religious leaders, a familiar question has resurfaced: how much responsibility should celebrities bear for the products they endorse? The latest controversy centres on actor...