By Satyaki Chakraborty Amidst the present battle between India and China over the sharing of the manufacture of American high tech company Apple’s iPhones, Chinese daily Global Times, in its latest commentary has appreciated India’s expertise in manufacturing Apple’s iPhones but at the same time said that it will...
By Dr. Imran Khalid By the time Washington and Beijing released their latest joint statement on May 12 – ostensibly pressing pause on a spiralling tariff war – much of the world exhaled in cautious relief. But beneath the performative diplomacy and sterile communiqués, a quieter suffering has gone...
By Krishna Jha There is hardly any opening left for employment creation. Touching the bottom level, it shows massive decline in the job availability in rural areas in last two months, indicating fresh economic strain and worsening level of deprivation. As per a report published recently in “Mint”, a...
By Satyaki Chakraborty The global economic outlook has worsened since the start of the year 2025, as rising economic nationalism and tariff volatility fuel uncertainty and risk stalling long-term decision-making, according to a World Economic Forum report released on Wednesday in Geneva. The latest Chief Economists Outlook reveals that...
NEW DELHI: The government’s direct tax exemptions and fiscal measures, along with the rate cuts from the Reserve Bank of India, are expected to further stimulate consumption and investment to lift FY26 growth towards the upper end of forecasts of 6.3% to 6.8%, given in the latest Economic Survey,...
NEW DELHI: Foreign direct investment in India grew 13 per cent at $50 billion during the entire previous financial year, but fell 24.5 per cent year-on-year to $9.34 billion in the January-March quarter of FY25, according to the government data released on Tuesday. FDI inflows during January-March 2023-24 stood...
NEW DELHI: A successful India–US trade deal could mitigate risks to the economy and boost exports, even as private investment remains cautious in the face of global uncertainty, the Finance Ministry said on Tuesday. “This may be no moment for self-congratulation but, equally, it is a moment to remember...
CHENNAI: Moody’s Ratings on Tuesday said India’s car sales are likely to grow at a compound annual growth rate (CAGR) of 3.5 per cent, outpacing China, Japan and other major Asian economies, and reaching around 5.1 million units per year by the end of this decade. “We project a...
NEW DELHI: Co-lending charges levied by non-banking finance companies (NBFCs) will soon be subjected to 18% Goods and Service Tax. The levy may be on 0.5-1% of the loan amount. This follows the NBFCs and banks having agreed to the presence of a service component in such arrangements, ending...
By Dr Arun Mitra The unprecedented humanitarian crisis going on in Gaza is extremely disturbing. No sane and sensitive person can ever condone this on any pretext. Only the beastly instinct can make one kill the innocent toddlers. With an official figure of over 55000 people killed out of...
By Nitya Chakraborty On May 27, 1964 at 1.44 PM, India’s first Prime Minister and one of the best chroniclers of this great nation’s history breathed his last at his residence Teen Murti Bhavan. Nehru along with Indira Gandhi came back to Delhi on May 26 afternoon after a...
By Dr. Gyan Pathak The leaders and top officials of the ruling establishment led by Prime Minister Narendra Modi have just boasted of India replacing Japan as fourth largest economy of the world, falsely giving an impression that economy is performing well. The data speak otherwise. There has been...
By Sushil Kutty One good thing coming out of India’s “4-Day War”, aka ‘Operation Sindoor’, is the thaw in relations between Pakistan and Iran, two Islamic countries which share a border and often end up trading fire across the same border. Iran is a country worth cultivating or left...
By Rabindra Nath Sinha KOLKATA: A recent assessment of the implementation of Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA) shows that in 2024-25 only seven per cent of households could complete 100 days of work as provided in the Act passed by Parliament in September 2005 at the...
By Satyaki Chakraborty President Nicolas Maduro’s political party United Socialist Party of Venezuela(PSUV) swept the parliamentary and regional elections in Venezuela on Sunday amidst boycott by the major right wing opposition parties as also once ally the Communist Party of Venezuela (PCV),All these parties were opposed to President Maduro’s...
By Devasis Chattopadhyay With all our chatter about AI, social tensions, war and humanity, I was wondering, while I am in between books, where will we be by 2065, in the next 40 years? Will life on Earth be unrecognisable? Youngsters and oldies, like me, are all so excited...
NEW DELHI: The Supreme Court on Monday ordered status quo on the liquidation proceedings of Bhushan Steel and Power Ltd (BPSL) before the National Company Law Tribunal. A bench of Justices B V Nagarathna and Satish Chandra Sharma said liquidation of the BPSL might jeopardise the review petition, which...
MUMBAI: Substantial gains from US dollar sales and interest income from securities prompted the Reserve Bank to announce a record Rs 2.7 lakh crore annual dividend to the Central Government, according to analysts. The Reserve Bank on Friday announced a record Rs 2.69 lakh crore dividend to the Government...