Bank of Baroda economists project India's GDP to grow 6.5-6.8 per cent in FY27 but warn that the fiscal deficit could overshoot the budgeted 4.3 per cent target, potentially reaching 4.7-4.8 per cent of GDP due to subsidy overruns, excise duty cuts, and oil marketing company losses.
The central bank is yet to consider actions such as a rate hike or mobilising dollar inflows from non-resident Indians to boost forex reserves as it cannot afford to continue with them for long when the rupee's internationalisation tops its agenda, explains Tamal Bandyopadhyay.
The major driver of Mod's foreign policy can be gauged from his economic priorities such as creating employment opportunities for the youth bulge. Related to this is emphasis on manufacturing, and infrastructure development, which in turn raises the issue of FDI. He has already articulated his views on all these issues, says Rup Narayan Das.
India has expressed serious concerns about the West Asia crisis and its potential impact on energy supplies and maritime stability, urging BRICS nations to find practical solutions to geopolitical challenges and unilateral sanctions.
The BJP today said if voted to power, it would pursue a "muscular and far-sighted foreign policy" to secure India's interests, which the party alleged had been "substantially compromised" by the United Progressive Alliance government.
The US foreign policy under President Donald Trump would put "America first" and would be based on the principle of "peace through strength," the White House said today, hinting at massive military expansion under the new administration to maintain "unquestioned" US military dominance.
The Pakistani military has ousted the civilian government from the role making strategic decisions and has taken virtual control of the foreign policy, a noted and award-winning Pakistani journalist said on Tuesday. "Pakistan's military has virtually taken control of foreign policy and strategic decision making from the civilian government.Thus Pakistan's foreign policy reflects the military's obsession with India," wrote Ahmed Rashid in The Washington Post.
Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.
Leading Indian jewellery bodies, including the All India Gem & Jewellery Domestic Council (GJC) and Malabar Gold & Diamonds, have expressed support for Prime Minister Narendra Modi's appeal to reduce gold imports and are advocating for enhancements to the Gold Monetisation Scheme (GMS) to unlock India's vast idle gold reserves.
'The big power struggle in faraway Europe erupted at a most critical juncture when India has been increasingly sceptical about American policies and statesmanship,' argues Ambassador M K Bhadrakumar.
Strong domestic growth will continue to draw foreign investment into the Indian economy, Reserve Bank of India (RBI) Governor Sanjay Malhotra said on Tuesday. He said this was reflected in recent free trade agreements and investment commitments by large technology companies.
If one has to compare the tenures of the two prime ministers one must credit Nehru with laying the foundations on which Modi is building a grand edifice, asserts Colonel Anil A Athale (retd).
External Affairs Minister S Jaishankar stated that India has demonstrated resilience in the face of recent global shocks, including the conflict in West Asia, while speaking at the convocation ceremony of IIM Raipur. He emphasised the importance of building national capabilities to de-risk and develop leverage in a changing global order.
West Bengal Chief Minister Suvendu Adhikari announced that Bangladeshi infiltrators detained in the state will be directly handed over to the BSF for deportation, bypassing court appearances, following a new rule.
The Indian rupee weakened against the US dollar due to geopolitical tensions surrounding the Strait of Hormuz and ahead of the Reserve Bank of India's monetary policy review.
US President Donald Trump on Monday doubled down on his hardline stance against Tehran while dismissing mainstream media narratives regarding his foreign policy motivations.
'...the enormous responsibility and faith the youth has put on his shoulders, that he is going to solve their problems.'
We present the highlights of Prime Minister Manmohan Singh's address at the annual conclave of Indian ambassadors/high commissioners abroad in New Delhi on Monday.
The statement by United States president-elect Barack Obama regarding American intervention in Kashmir is his first foreign policy mistake, a leading expert on South Asia said on Tuesday. A Kashmir initiative by America, however veiled, can undermine improving India-US ties, Selig S Harrison, director of Asia Programme at the Center for International Policy and a senior scholar of the Woodrow Wilson International, said an opinion piece published in The Washington Times.
Slamming government's foreign policy as "hazy and directionless", the BJP on Tuesday said India cannot become a super power by "riding piggy back" on the US and wondered why efforts were not being made to counter China's attempts to attain dominance in South Asia.
'We won not (only) because we were able to carry out long-range precision strikes.' 'That is, of course, one of the reasons but we had better situational awareness about what's happening than Pakistan.'
Asian Games silver medallist Deepak Punia discusses the impact of the wrestlers' protest on his career and his aspirations for the upcoming Asian Games.
The United States has paused a proposed USD 14 billion arms sale to Taiwan due to concerns about maintaining sufficient munitions for potential conflicts, particularly in light of the ongoing situation with Iran.
Indian investors have seen their wealth erode by a staggering Rs 16.77 lakh crore over four trading sessions, as the markets faced deep losses driven by elevated crude oil prices, geopolitical tensions, persistent foreign fund outflows, and a record-low rupee.
Himanta Biswa Sarma's return as Assam's Chief Minister underscores the BJP's increasing dominance in the northeast, marked by both development and divisive policies.
US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.
The Bharatiya Janata Party on Saturday attacked the government for not taking concrete steps in Sarabjit Singh's case, saying the attack on the Indian prisoner inside a Pakistani jail reflects the "total failure" of India's foreign policy.
The gems and jewellery industry anticipates challenging times following the government's decision to increase gold import duty to 15 per cent, a move that exporters warn could fuel the grey market and heighten smuggling risks.
Delhi must now purge the delusional hopes of being a 'counterweight' to China in the US calculus, argues Ambassador M K Bhadrakumar.
The Indian rupee depreciated 20 paise to close at a fresh all-time low of 94.88 against the US dollar, driven by surging Brent crude oil prices, hovering around USD 115 per barrel, and persistent foreign capital outflows.
Policy of continuity won't help India earn business or respect, says Pramod Kumar Buravalli.
United States President Barack Obama has failed on the foreign policy front and protection of national security, the Romney Campaign has alleged. In a memorandum, the Romney Campaign on Thursday alleged that Obama has failed on various foreign policy issues, like endangering American mission in Afghanistan and weakening the relationship with Pakistan, failing to stop Iran's nuclear weapons programme and a damaged relationship with Israel.
Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that recent regulatory measures to address foreign exchange market volatility, such as capping banks' net open positions, are temporary and aligned with current market conditions, not signalling any structural shift in policy.
India emerged reasonably well from 2025. But now, the oil shock and war-related supply disruptions have again driven funds out of India and significantly weakened the rupee, points out Ajay Chhibber.
The measures announced by it risk backfiring, disrupting the foreign exchange market, and intensifying the very pressures they seek to contain, with broader consequences for the economy points out Rajeswari Sengupta.
India is among six countries on the priority watch list in a US report addressing the protection and enforcement of intellectual property rights.
US foreign policy had been 'aggressive in terms of going after challenges, issues,' and the president was 'going to keep moving in this direction,' he said.
The year 2011 saw various events -- the Arab Spring, anti- corruption protests, Europe's sovereign debt crisis -- transform countries and reshape the world order. Gateway House, a leading Mumbai-based think tank on India's foreign policy, takes a look at what these events mean for India, and presents India's top foreign policy cheers and jeers for the year.
Pakistani envoys posted in key world capitals, including New Delhi and Beijing, gathered in Islamabad on Monday with top political and military leaders for a meeting that will provide inputs for a proposed foreign policy revamp.
How India overcame umpteen odds to reintroduce the cheetah on its territory after the handsome cat became extinct in the country decades earlier.
