NEW DELHI: Led by a decline in food prices and a high base effect, India’s consumer price index (CPI) -based retail inflation in March eased to 3.34 per cent, the lowest since August 2019, raising hopes of further repo rate cuts by the Reserve Bank of India (RBI). Data...
MUMBAI: Bank credit in India is likely to grow 12-13 per cent in the current financial year (FY26), a tad higher the 11.0-11.5 per cent estimated for FY25, according to Crisil Ratings. The loan offtake will be supported by three tailwinds — the recent supportive regulatory measures, a boost...
NEW DELHI: Retail food inflation eased for the five consecutive months to 2.69% in March compared to 3.75% in February, as prices of vegetables, pulses and spices declined with winter harvest arriving in the markets. The consumer food price index (CFPI) declined by 0.86% sequentially last month compared to...
NEW DELHI: The Unified Pension Scheme (UPS), which was opened for switching from the market-linked National Pension System (NPS) on April 1, has made a tepid start even though pension at 50% of the last 12 months’ average pay is guaranteed. With the central government staff weighing the cost-benefit...
NEW DELHI: The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country’s trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the last fiscal, India’s exports...
MUMBAI: India’s overall gems and jewellery exports declined by 11.72 per cent to $28.5 billion (around `2.41 lakh crore) in 2024-25 compared to the previous financial year on continued geopolitical tensions, according to the Gem and Jewellery Export Promotion Council (GJEPC). The overall gems and jewellery exports stood at...
BANGKOK: The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. The Department of Commerce posted notices about the probes late Monday on the Federal Register, seeking public comment within three weeks....
NEW DELHI: Passenger vehicle (PV) dispatches in India from factories to dealers rose to record levels at over 43 lakh units in FY25, with utility vehicles accounting for 65 per cent of the total sales in the segment, industry body SIAM said on Tuesday. Passenger vehicle (PV) dispatches rose...
ANAND/AHEMDABAD: Madhya Pradesh State Cooperative Dairy Federation (MPCDF) and the National Dairy Development Board (NDDB) has signed a collaboration agreement to build a robust dairy cooperative ecosystem in Madhya Pradesh in the august presence of Home Minister Amit Shah and Madhya Pradesh CM Mohan Yadav. Paving the way for...
By Nitya Chakraborty Though there is a 90 day pause in Trump’s latest unilateral imposition of reciprocal tariffs on most of the countries, the trade war between the USA and China, the two largest economies of the world is in full steam imparting tremors in global trade and economy....
By Dr. Gyan Pathak With quota within quota notification for Scheduled Caste (SC) reservation in Telangana, a new phase of Dalit politics in India has just begun. The gazette notification has made Telangana, the first State in India to implement sub-categorization of Scheduled Caste reservation which coincided with Dr...
By T N Ashok NEW YORK: President Donald Trump needs to de-escalate his trade war with China ASAP, US economists feel, as it has reached a point where it could hurt each other’s economy so very badly, that recovering lost ground is going to be unreachable, because both economies...
By Arun Srivastava Sermons like “One shouldn’t play games with religion. Dharma means devotion, affection, humanity, peace, amity, culture, harmony, and unity” are taught to the school children. It is just reverse in the real life. In realpolitik these amiable words have no relevance. These were the words articulated...
By Sushil Kutty The President Donald Trump is going after Harvard University with a vengeance after Harvard chose to reject Trump’s “reforms”. In the process, Harvard is losing loads of dollars but is also drawing admiration and encouragement from Trump’s bete noire, former President Barack Hussein Obama. Trump and...
By Sushovan Patnaik Today, as we remember Babasaheb Ambedkar on his 135th birth anniversary, there is a certain crisis of identity that the Indian judiciary seems to be confronting. On this exact day, a month ago, members of the fire department allegedly discovered piles of burnt currency in the...
By Mark Gruenberg WASHINGTON: Socialist senator Bernie Sanders is out on the stump again, helping lead, in a big way, the opposition to Donald Trump where other Democratic Party lawmakers have not. And people—tens of thousands of them coast to coast—are responding. The latest proof occurred on April 12...
MUMBAI: Deal activity in the domestic consumer and retail markets rose to a three-year high in the first quarter of calendar year 2025, as investors backed brands that merged tradition with innovation, Grant Thornton Bharat’s latest quarterly deal tracker report showed. The deals include mergers and acquisitions (M&As) and...
NEW DELHI: Leveraging geopolitical opportunities, including US tariffs on China, a new NITI Aayog report has recommended targeted support to overcome a 14-17% cost disadvantage gap with competitors, to capture a 10% global market share in power tools and a 25% share in hand tools within a decade, sources...