SAN FRANCISCO: India’s quest for sustained growth over the next two decades hinges on a new paradigm, driven by bold reforms, enhanced domestic capabilities, and strategic institutional collaborations suited for the evolving global landscape, Finance Minister Nirmala Sitharaman said on Monday. The last two Union Budgets have laid the...
NEW YORK: The Indian economy is projected to grow at 6.2 per cent in 2025-26, slower than earlier estimated rate of 6.5 per cent, due to escalated trade tensions and global uncertainty, the International Monetary Fund (IMF) said on Tuesday. “For India, the growth outlook is relatively more stable...
MUMBAI: Global strategists at Morgan Stanley and Bank of America (BofA) are positive on India even as the latter downgraded its forecasts for Asia growth amid persistent pressures from tariff shocks. However, they believe that uncertainty is still at historic levels and weak global markets can cap absolute returns....
MUMBAI: The Reserve Bank of India’s (RBI) final guidelines on the Liquidity Coverage Ratio (LCR) framework are expected to boost credit growth by 1–1.5%, according to brokerages. The softer-than-expected norms could unlock Rs 2–3 lakh crore, which can be deployed for lending. A lower run-off factor will also provide...
By Pablo Castaño ROME: There may come a time when we look back on the last decade as an anomaly in the modern history of the Catholic Church. Pope Francis — the figurehead of these years, and a radical by the standards of the Catholic hierarchy — is gone,...
By Sushil Kutty Filmic conclusions can be happy and unhappy. This one is filmic because it began with an interview involving filmmaker Mahesh Manjrekar and needs a grand opening: Will cousins Raj Thackeray and Uddhav Thackeray end estrangement and join hands against the BJP and the Shinde Sena? To...
By T N Ashok NEW YORK: U.S. Vice President JD Vance held talks with Indian Prime Minister Narendra Modi Monday as New Delhi looked to avoid the 27% American tariffs, but, negotiate a bilateral trade deal with Washington and strengthen ties with the Trump administration. Modi had established a...
By Anjan Roy The visit of the US vice president, J.D. Vance beginning Monday indicates a subtle turn in the relations between the two countries, India and US. There is a personal note in this four day visit amidst the turmoil in global trade over Trump’s tariff war.. Vance...
By Dr. Gyan Pathak India is in urgent need to save its cities, people, and economy from multiple crises. Politics in classification of urban and rural areas may not save it, rather it creates mismatch between the stark reality on the ground and the proper planning and effective action...
By Arun Kumar President Trump knows what he wants from the rest of the world but it appears he may not have worked out how to achieve it. Since February 1 this year when new tariffs were announced, there have been rapid flip flops on policy. On April 2,...
By Arun Srivastava RSS had worked out an inclusive strategy to arouse majoritarian communal passion in Bengal and turn the state in an ethnic violence turf, but even before the mission could be accomplished the plot got exposed. After initial incidents of violence that took place on April 11,...
NEW DELHI: The government on Monday imposed a provisional safeguard duty of 12% on imports of key steel products, including hot rolled coils (HRC), in view of a surge in shipments of the alloy varieties from several countries, especially China. The extra imposts, which are subject to riders and...
NEW DELHI: India’s core sector growth rose by 3.8 per cent year-on-year (Y-o-Y) in March from an upwardly revised figure of 3.4 per cent in February, according to data released by the Ministry of Commerce and Industry on Monday. The growth was kept in check by a high base...
MUMBAI: Private equity and venture capital investments in India totalled $13.7 billion across 284 deals in the first quarter of calendar year 2025, marking a 14 per cent decline in deal value and a 20 per cent decline in deal volume from the same period last year, according to...
NEW DELHI: Eight years since the launch of the electronic National Agriculture Market (e-NAM), which digitally integrated over 1,400 wholesale markets, inter-state and inter mandi trade via his platform has made little progress. Sources said that in FY25, inter-state eNAM trade declined sharply by 50% to Rs 21 crore...
MUMBAI: In a relief to banks, the Reserve Bank of India (RBI) on Monday announced an increase of only 2.5 percentage points in the run-off factor for banks’ retail deposits enabled with internet and mobile banking facilities, paring the level proposed earlier. In its draft liquidity coverage ratio (LCR)...
By Kalyani Shankar The Bihar polls at the end of the year are pretty unpredictable. As of now, there will be no cakewalk for the BJP, RJD, Congress or the JD(U). The churning is quietly taking place in Bihar politics. There could be a potential shift in power dynamics....
By Arun Srivastava Mahua Moitra is absolutely correct in saying: “Remember – a Pitbull does nothing without its master’s command.” Under the regimented operation of Prime Minister Narendra Modi and Home Minister Amit Shah, no leader, irrespective of his stature, can dare to make any observation, on sensitive issues,...