GST 2.0 may cushion consumers against US tariffs, but like the 2019 corporate tax cut, it risks being another tactical fix rather than a structural growth strategy, expects Debashis Basu.
While the Prime Minister did not spell out the details of the three instances, his remarks are being widely interpreted as a reference to the 2016 surgical strikes following the Uri terror attack, the 2019 Balakot air strikes after the Pulwama bombing, and the recent cross-border strikes as part of 'Operation Sindoor'.
Government employees in Bangladesh locked down the main gate of the Bangladesh Secretariat in Dhaka, protesting a new service law that allows for easier dismissal of officials for misconduct. The protest, which lasted for about half an hour, disrupted government operations. The employees also threatened to continue their protests until the ordinance was scrapped. Meanwhile, the protest by employees of the Dhaka South City Corporation, demanding the installation of BNP leader Ishraque Hossain as its mayor, has brought administrative services to a halt. These protests, coupled with concerns raised by the business community and the military, highlight a growing sense of unease in Bangladesh over the policies of the interim government.
President Trump says the US is close to a trade deal with India, while also claiming to have stopped a war between India and Pakistan.
He said that Hasina had been considering resigning since Sunday and had left the country for her own safety after her family insisted.
When the technology gap between China and India will remain large, cost-effective hardware of the kind that proved their worth in Operation Sindoor should be our priority, points out R Jagannathan.
Field Marshal Sam Manekshaw Field Marshal K M Cariappa Marshal of the Indian Air Force Arjan Singh The three highest-ranking military heroes of the Indian Armed Forces. They were the rarest of the rare. The bravest of the brave.
The high commission of India in Dhaka and the assistant high commissions in Chittagong, Rajshahi, Sylhet and Khulna have been assisting in the voluntary return of Indian nationals, he said.
As news of Hasina's departure spread, hundreds broke into Hasina's residence, vandalising and looting the interiors, providing dramatic expression to the anti-government protests that have killed more than 100 people in the last two days. At the centre of people anger is the Hasina government's controversial quota system reserving 30 per cent jobs for families of veterans who fought the 1971 liberation war. With volatile crowds taking to the streets -- some clambering on Hasina's father and Bangladesh founder Sheikh Mujibur Rahman's statue and smashing it with hammers in a lasting image underscoring the fickleness of history -- Army chief General Waqar-uz-Zaman announced that the 76-year-old prime minister has resigned.
'The present generation, either due to historical amnesia or political propaganda, has been fed a narrative that paints India as an adversary rather than an ally.'
Wazed said that the West has long championed Yunus, who was appointed as the head of Bangladesh's interim government on August 8, and was quick to support his government, leading him to believe that foreign involvement in the unrest is evident.
'What India has done will surely embolden more countries to stand up to Trump.'
Glimpses from around the world that will make you smile and cry.
Reddy alleged that contracts worth thousands of crores were awarded to people close to Modi, who then purchased Rafale aircraft.
China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.
The Awami League leaders were charged with committing crimes against humanity over the deaths of hundreds of people during last year's anti-government protests by a student platform. The protests resulted in the ouster of Hasina's 16-year-long regime on August 5.
Khalid Jamil's rise can't exactly be termed as meteoric but the last eight years has been nothing less than extraordinary for the 48-year-old, who on Friday took over reins of the national men's football team.
US President Donald Trump has announced a 25 per cent plus tariff on India from Aug 1. Trump, describing India as a "friend", said the US has done relatively "little business" with the country because of its high tariffs.
To those who ask, "Is all this really worth it? Why can't domestic demand fill the gap?", it is important to remind them that only 13 economies since the Second World War have grown at 7 per cent or more for 25 years -- like India needs to. They all had one thing in common: Strong export growth underpinned by strong global engagement, explains Sajjid Z Chinoy.
Rabindra Ghosh, a prominent Bangladeshi lawyer, has received death threats since he decided to represent jailed Hindu monk Chinmoy Krishna Das. Ghosh claims the interim government in Bangladesh is targeting Das for his vocal criticism of atrocities against Hindus and his efforts to unite the persecuted community. Despite the threats, Ghosh vows to continue fighting for justice and minority rights. He believes Das has been framed on false charges for his efforts to unite the Hindu community.
The Trinamool Congress on Friday accused the Bharatiya Janata Party of spreading lies and criminalising poverty over the detention of Bengali-speaking migrant workers in Odisha, while the saffron party charged the Mamata Banerjee dispensation with providing shelters to illegal immigrants.
'However, we must implement a tit-for-tat approach -- reciprocating their conduct with precision.' 'If they demonstrate respect, we respond accordingly. If they adopt hostile positions, we mirror that hostility with equal intensity.'
'When India opened its doors to the world, moving away from an agrarian to a market economy, everything, whether life or love, was commodified.'
'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.
Union Home Minister Amit Shah said on Friday that the Operation Sindoor undertaken by the Indian armed forces in retaliation for the Pahalgam terror attack has "completely exposed" the fact that terrorism in India is sponsored by Pakistan. Shah also said that the operation showed the "firm" political will of Prime Minister Narendra Modi, the "precise" intelligence inputs from agencies, and the "lethal" capabilities of the armed forces. He added that the operation was successful as it used the correct firepower and achieved its aims besides "showing the reality" to Pakistan.
There is a reason this 11 year phenomenon is a rule as much as it is an observation. It speaks to the nature of man and what humans are like, explains Aakar Patel.
The nearly year-long trial of eight suspects at the International Crimes Tribunal in Bangladesh, who have been accused of war crimes during the 1971 war, may not have made headlines in India, but it is attracting huge international attention and further polarising the country's politics.
School students in Rajasthan will no longer study two-part supplementary textbooks with state Education Minister Madan Dilawar arguing that these reading materials are not required because they glorify the Nehru-Gandhi family and carry no marks for students.
'It was the hostility of the Yunus regime that made India careful and wary of dealing with them.' 'They gradually backed off and lowered the noise, but the damage was done.' 'Their true colours had been exposed.'
'Trump is likely being purposefully vague, hoping that this lack of clarity will pressure India, fearing the worst, to agree to scale back its imports of Russian oil.'
Amid this unrest came the verdict of the Allahabad high court on June 12, 1975 that found Gandhi guilty over discrepancies in the electoral campaign, which led to the Emergency on the night of June 25.
India's merchandise exports to the US rose by 16.93 per cent to $8.83 billion in May, while imports dipped by 5.76 per cent to $3.62 billion during the month, according to the commerce ministry data. During April-May, the country's exports to the US increased by 21.78 per cent to $17.25 billion, while imports rose by 25.8 per cent to $8.87 billion, the data showed.
'We are too important to want to be paired with Pakistan but too intensely connected to it to successfully detach ourselves,' asserts Aakar Patel.
Deposed Bangladesh Prime Minister Sheikh Hasina has issued a strong warning against threats to ban her Awami League party, calling the demands "audacious" and accusing Nobel laureate Professor Muhammad Yunus of being a "fraud" and "corrupt" for his role in the current interim government. Hasina, who fled Bangladesh in August 2024 following a student-led uprising, claims Yunus assumed power through a "meticulous design" with funding from overseas and misled students and people. She asserts that her Awami League is the legitimate party, with a strong history of fighting for the people's rights, and accuses Yunus and his supporters of having no constitutional basis or people's mandate to rule the country.
The Anti-Discrimination Student Movement (SAD), which led protests against Bangladesh Prime Minister Sheikh Hasina, has launched itself as a political party called the National Citizen Party (NCP). The new party, which aims to 'dismantle constitutional autocracy' and establish a 'second republic,' has pledged to create a 'solely Bangladesh-oriented' political system, with no room for 'pro-India and pro-Pakistan politics.' The NCP's inaugural rally was attended by representatives of various political parties, including the Bangladesh Nationalist Party (BNP), Jamaat-e-Islami, and envoys from the Vatican and Pakistan.
'$125 million for the hull and the remaining of over $350 million for liability.'
China supplied more than $20 billion worth of arms to Pakistan. These include 20 J-10CE and JF-17 Block III fighter aircraft, Wing Loong drones, frigates, submarines, Hongqi HQ-9P surface-to-air missiles, 240 PL-15E air-to-air missiles, LY-80 air defence systems, ZDK early warning aircraft and other weapons.
President Kovind, who arrived in Dhaka earlier in the day on his maiden State visit at the invitation of his counterpart M Abdul Hamid to attend the golden jubilee celebrations of Bangladesh's independence from Pakistan in 1971, held delegation-level talks with him which was followed by a banquet.
India's trade deficit with China neared $100 billion in FY25, amid escalating concerns of dumping, data released by the commerce department on Wednesday showed. Chinese imports rose by 11.5 per cent to $113.45 billion, while outbound shipments to the neighbouring country saw 14.5 per cent contraction to $14.2 billion.
Bangladesh skipper Shakib Al Hasan says he felt he "was at war" when he decided to approach the umpire and demand Sri Lanka all-rounder Angelo Mathews be 'timed out' for not being ready to face the bowling within two minutes of the fall of a wicket in the World Cup match in New Delhi on Monday.
