Anticipating US action on tariffs, India seems to have made the first move by revamping its tariff structure by reducing the slabs to eight rates, points out Mukesh Butani.
He drew the roadmap of India's economic reform, unshackled it from the licence raj and pulled it back from the brink when even its gold reserve was pledged.
'There's a misconception that all Rs 1 lakh crore will be spent immediately, leading to higher consumption of FMCG goods, travel, and vehicle purchases.' 'While some of this money will go toward consumption, not all of it will.' 'The impact depends on where people deploy their savings.'
IMAGES from the IPL match between KKR and LSG at the Eden Gardens in Kolkata on Tuesday
Modi congratulated him on assuming charge and a remarkable victory of his Labour Party in the election.
India on Monday asserted that its friendly ties with the Maldives will continue as Prime Minister Narendra Modi and President Mohamed Muizzu unveiled a blueprint for comprehensive economic and maritime cooperation, signalling a reset of the relationship that had hit a rough patch last year due to anti-New Delhi rhetoric.
'He will be remembered more for what he did as finance minister -- as someone who functioned well when the political fallout was taken care of.'
Simplifying investment policies at the micro level and introducing a time-bound framework will be critical for India's growth targets, notes Krishna Ella.
India's spinners were the key architects of the bowling performance. Varun Chakravarthy (2/45) and Kuldeep Yadav (2/40) were the standout performers, while Jadeja (1/30) and Axar Patel (0/29 in 8 overs) kept the pressure on with their economical spells.
Soon after he was sworn in by Vice President J D Vance, US Secretary of State Marco Rubio hosted External Affairs Minister S Jaishankar, Penny Wong from Australia and Japan's Iwaya Takeshi for his first multilateral meeting as the top American diplomat.
'I am committing suicide because I was subject to torture and humiliation in the police station.'
FMCG major Hindustan Unilever Ltd on Wednesday reported a 19.18 per cent rise in consolidated net profit at Rs 2,989 crore in the December quarter.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
President Trump made these remarks on Monday while talking to reporters aboard Air Force One on his way back to Joint Base Andrews from Florida.
He also said that his country would continue to talk about the Kashmir issue "through channels that are acceptable" and prayed that "the issue is amicably resolved".
Jimmy Carter, the 39th US president and a champion of peace and human rights, has died at the age of 100. Carter, who was known for his work with the Carter Center, promoting democracy and conflict resolution, was also a close friend of India. He visited the country in 1978, forging a lasting relationship between the two nations.
'Stay disciplined, and remain invested.' 'Volatile times are the best to invest in structural opportunities at the right price.'
Leaders from around the world extended their greetings to India on its 76th Republic Day, emphasizing the importance of bilateral relations and expressing hope for a stronger future. The Indian diaspora across the globe celebrated the occasion with enthusiasm at Indian missions abroad, where the national tri-colour was unfurled, accompanied by cultural performances and patriotic fervour. The celebrations highlighted the strong bonds of friendship and cooperation between India and its global partners.
US President Donald Trump signed an executive order directing the Department of Justice to pause enforcing a nearly half-century-old law that was used to launch a bribery investigation against the Adani Group. Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.
Trump signed an order to pause enforcing of the 1977 Foreign Corrupt Practices Act (FCPA) that prohibits American companies and foreign firms from bribing officials of foreign governments to obtain or retain business.
A leading expert predicts that the incoming Trump administration will likely continue its pro-India policies, including the Indo-Pacific strategy and Quad, but highlights potential challenges such as trade disagreements, immigration issues, and a possible quid pro quo for technology sharing. The expert also notes that the Trump 2.0 administration may prioritize great power politics over strategic altruism, potentially impacting human rights and religious freedom concerns.
Dabba Cartel's reluctant black comedy in the body of a crime thriller starts out interestingly enough to accomplish its Narcos: Thane aspirations, notes Sukanya Verma.
The announcement for the QUAD Caucus came from Congressman Ami Bera, Ranking Member of the House Foreign Affairs Indo-Pacific Subcommittee, Congressman Rob Wittman, and Senators Tammy Duckworth and Pete Ricketts, both members of the Senate Foreign Relations Committee.
It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.
331,602 Indians are studying in the US, making India the 'top sender' of international students to America for the first time in 15 years, as it overtook China for the academic year 2023-2024.
The Central Board of Indirect Taxes and Customs (CBIC) has stepped up its watch on the import of unbranded gold jewellery amid a spurt in seizures on international borders and from importers. During FY24, the CBIC and Directorate of Revenue Intelligence (DRI) jointly seized about 5 tonnes of gold, 30 per cent more than what they did in FY23. In FY23, 3.5 tonnes of gold was confiscated.
United States President Joe Biden was caught on a hot mic telling leaders of the Quad nations that China was testing them, thus reflecting upon the American seriousness of the emerging Chinese threat.
The Cabinet meeting and the holy dip comes on a day that marks the first anniversary of the consecration ceremony of the Ram temple in Ayodhya.
The visit of Park Geun-Hye to India, though a symbolic one, will certainly give a further impetus to the strategic partnership between the two countries says Rup Narayan Das.
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
There were concerns in Sri Lanka about the huge trade imbalance.
Waltz after being elected as the Co-Chair of India Caucus in January last year had said that India is the world's largest democracy and an important strategic partner for the United States.
'Given China's past behaviour and their territorial claims, should we be sceptical regarding China's willingness to adhere to these agreements fully? The answer is yes.' 'As Ronald Reagan famously said in the context of the SALT talks, 'Trust, but verify!' India should also do the same.' 'This has already begun with foot patrolling, drones, satellite imagery and so on. India's military deployment did mirror China's and will continue to do so in the future.'
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
India can break into the top-50 in the FIFA rankings in the next 10 years, Sports Minister Mansukh Mandaviya said.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
Since the last nine years, gold investors have made money each year, while gains in silver have been consistent only in the last five years.
India no longer needs big ticket reforms but small and basic ones to drive the growth forward, Chief Economic Advisor V Anantha Nageswaran said on Monday. Addressing the media after the Economic Survey 2023-24 presented in Parliament, Nageswaran said there is a need to pursue all possible approaches without any ideological orientation. "In terms of the kind of reforms that we need to do, it is no longer big-ticket reforms that dominate your front pages but more about grunt works.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
'The policies announced by his administration are implemented faster.'
