NEW DELHI: The European Union (EU) has suspended export benefits to sectors such as textiles and plastics under a preferential scheme for India and two other countries from January 1, a move that will impact the country’s shipment to the 27-nation bloc. The development is important as the two...
NEW DELHI: National Statistical Office (NSO) released the advance estimates for 2025-26 indicating annual GDP growth of 7.4%, with a decadal growth of 5.9% (2015-2026). The growth is fairly robust growth given the need for structural changes, global uncertainties and pandemic. This would be the last GDP estimates of...
NEW DELHI: Indian Railways has formally launched the ‘Trucks-on-Trains’ service, also called ToT, as part of its Dedicated Freight Corridor program, and widely known as DFC. It aims shift in the transportation industry, focusing entirely on speedy, eco-friendly, and efficient freight transport. The Indian Rail Ministry confirmed on Thursday...
NEW DELHI: The Engineering Export Promotion Council of India (EEPC India) has asked for a reduction in income tax for non-corporate manufacturing micro, small and medium enterprises (MSMEs) to 25% and quicker release of goods and services tax (GST) refunds, as part of its recommendations for the Union Budget...
MUMBAI: Soaring gold prices and regulatory streamlining will lead to the assets under management (AUM) of gold-loan focused non-banking financial companies having a compound annual growth rate of 40% between this fiscal and the next, helping them surpassing the Rs 4-trillion-mark by March 2027. The surge will be driven...
By K Raveendran When the Supreme Court of India struck down the electoral bond scheme introduced under the government led by Narendra Modi, it did so on the realisation that the anonymity offered by the bonds, far from curing the malaise of black money, had institutionalised it. But the...
By Dr. Gyan Pathak With Karnataka Governor Thaawarchand Gehlot’s walk out from the Karnataka Legislative Assembly on January 22, it has become obvious that governors in the country in opposition ruled states have started working on a well organized strategy against the governments that they lead as constitutional heads,...
By T N Ashok The verdict from Maharashtra’s municipal elections was not merely a routine reshuffling of councillors and mayors. It was a structural political event — one that redefined urban power, fiscal control, and electoral momentum not just within the state, but potentially across India’s federal landscape. At...
By Nilotpal Basu Despite the deafening silence of the mainstream media, the social media space exploded with images and videos of a continuous stream of more than 50,000 red flag bearing working people, mostly tribals, marching across the Palghar district in Maharashtra. This was the heartland of the legendary...
By T N Ashok NEW YOTK: When President Donald Trump stood before the assembled worthies of global capitalism in Davos last week to discuss his designs on Greenland, he offered a masterclass in the very behaviour America has spent decades condemning. The irony was apparently lost on no one...
By Tirthankar Mitra KOLKATA: Born on January 19 when independence was five years young, Anjan Dutt has always walked down a road less travelled. Small wonder, he put on many hats during his more than five decade long career but never stuck to one in particular. He is a...
By Mithun Dey “Blood is calling to blood. Arise, we have no time to lose. Take up your arms. There, in front of you, is the road our pioneers have built. We shall march on that road. We should carve our way through the enemy’s ranks, or, if God...
By Andrew Murray LONDON: Europe’s supine, corrupted and democratically exhausted bourgeoisie is finally starting to break from Donald Trump, at least superficially. Having effectively endorsed the aggression against Venezuela, and earlier capitulated entirely to the White House demagogue on trade, it is now drawing a line of sorts around...
NEW DELHI: The “huge mountain of debt” in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields....
NEW DELHI: The government on Wednesday unveiled the draft National Electricity Policy, 2026, proposing strict norms for power tariff determination, a framework for sweeping structural reforms to improve the financial health of discoms, financing requirements, and suggestions on long-term generation and transmission planning, nearly two decades after it was...
DAVOS: Union Minister Ashwini Vaishnaw on Wednesday asserted that India will definitely become the world’s third-largest economy over the next few years, with economist Gita Gopinath saying it can happen by 2028 or even earlier. Speaking in a World Economic Forum Annual Meeting session here, Vaishnaw said the only...
NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an equity support of ₹5,000 crore to the Small Industries Development Bank of India (SIDBI) to strengthen its capital base and enhance credit flow to micro, small and medium enterprises (MSMEs). The equity capital will...
MUMBAI: The concerns over India’s financial account refuses to ebb away. Amid net portfolio outflows of $19 billion from Indian equities in 2025, the country continues to witness net outflows of foreign direct investment (FDI) as well. On a net basis, FDI inflows remained negative in November for the...