NEW DELHI: India has made significant progress in reducing poverty, with extreme poverty — measured at $2.15 per day in purchasing power parity (PPP) terms — falling from 16 per cent in 2011–12 to 2.3 per cent in 2022–23, according to the World Bank. The decline lifted 171 million...
NEW DELHI: India could allow foreign companies to take a stake of up to 49 per cent in its nuclear power plants, three government sources said, as New Delhi draws up plans to open up its most guarded sector to help achieve goals to cut carbon emissions. The government...
NEW DELHI: India’s economy could expand by 6.5% in the current financial year, supported by falling crude oil prices and manageable inflation levels, despite global trade tensions rising and the international economy slowing down. The EY’s latest Economy Watch report released on Friday outlined four key global factors shaping...
LONDON: A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51 billion annually, boosting U.S. prices by as much as 12.9% if passed on, a report commissioned by the industry’s U.S. trade group and reviewed by Reuters shows. The analysis, conducted by Ernst &...
By Nitya Chakraborty Three days have passed since the savage terrorist attack at Pahalgam resulting in the death of 26 people, mostly tourists. The communal tenor of the massacre shocked the Indian people. There was unequivocal demand from the people supported by all sections of the political parties that...
By Dr. Gyan Pathak It is perhaps the worst of time. In an act of terror at Pahalgam in Jammu and Kashmir, 26 people were killed, the worst in the last 25 years since 2000. The world called it ‘An Act of Terror’. Prima facie evidence of Pakistan’s involvement...
By Sushil Kutty Barack Obama once said “you can put lipstick on a pig, but it’s still a pig.” The other day an ex-Pentagon official hit out at terror-sponsor Pakistan and likened Pakistan to a pig, alluding that no amount of lipstick will make a difference to Pakistan’s image!...
By Prabhat Patnaik International students on US campuses are at present a terrified lot: they can be abducted, sent to some detention centre hundreds of miles from where they live, kept there for any length of time, and then deported abroad. And all this can happen to them not...
By Rahil Nora Chopra The political scenario of Maharashtra witnessed an interesting change as estranged cousins Uddhav and Raj Thackeray indicated a possible reconciliation ahead of the crucial BMC elections. In its editorial on Monday, Sena (UBT)’s mouthpiece Saamana said the two leaders (Uddhav and Raj) should take evaluative...
By Irfan Engineer, Neha Dabhade, Mithila Raut In 2024, as in previous years, communal violence has persisted in the form of structural violence, embedded within the legal and institutional framework of the state. Structural violence, as conceptualized by Johan Galtung, refers to systematic inequalities and injustices that are institutionalized...
By L S Herdenia BHOPAL: How democracy can be subverted is the finding of a survey conducted by a leading news paper of the state. The survey revealed that vested interest, who described as “Dabang” are controlled many panchayat without contesting election. This Dabang pays a fixed sum to...
NEW YORK/WASHINGTON: US Treasury Secretary Scott Bessent has said he expects India to strike the first bilateral trade deal to avoid President Donald Trump’s reciprocal tariffs, according to the New York Post. A 26 per cent ‘reciprocal’ tariff on Indian exports to the US is currently on a 90-day...
NEW DELHI: Private investment in India remains a worry and continues to be muted in areas that can boost the economy’s productivity, such as products and machinery, said Krishna Srinivasan, director of the Asia and Pacific department at the International Monetary Fund (IMF), at a press conference. “We are...
NEW DELHI: Pakistan’s decision to stop all trade with India including those passing through its territory from third countries would bring the already minuscule direct trade between the two countries to a complete halt. The impact of Thursday’s announcements would also be felt on Afghanistan’s exports to India. “The...
NEW DELHI: The government has commenced a process to monetise large parcels of prime land owned by state-run BSNL, which it seeks to revive and has seen several rounds of fresh fund infusions in recent years. The National Land Monetisation Corporation (NLMC) has invited applications for valuation of the...
NEW DELHI: While-collar hiring in India continues to be at a fast clip, with March figures being a solid 38% higher on year, with big support from the manufacturing sector (up 78% on year and 12% on month). Over the six months to March, such hiring across sectors grew...
By Satyaki Chakraborty Vietnam has shown how a well calibrated trade diplomacy can be conducted in the year 2025 amidst the ongoing tariff war between the two biggest economic and military powers of the world USA and China. Both countries are having best trade relations with this South East...
By P. Sudhir BJP leaders and the Vice President of India, Jagdeep Dhankhar, have launched vicious attacks on the Supreme Court. These attacks have come in the wake of the Supreme Court judgment on the Tamil Nadu Governor’s unconstitutional role in withholding bills passed by the state legislature and...