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.
From labelling India the 'Tariff King' to slapping sweeping import duties, US President Donald Trump has steadily hardened his trade stance on India. These announcements are being seen as a pressure tactic to get New Delhi to agree to demands made by the US in the proposed Bilateral Trade Agreement (BTA).
Donald Trump's tariffs, meant as political punishment, have avoided the predicted chaos, lifting US growth, weakening rivals, and letting him claim victory in a resilient global economy, observes T T Ram Mohan.
Air India on Wednesday said it has cancelled its Lucknow-Mumbai flight scheduled for June 17 due to 'operational reasons' and the ripple effect of flight diversions.
In trade negotiations, as in chess, sometimes you need to accept a temporary disadvantage to secure a better long-term position, points out Sonal Varma, chief economist (India and Asia ex-Japan) at Nomura.
'What India has done will surely embolden more countries to stand up to Trump.'
India's Lakshya Sen and Priyanshu Rajawat suffered straight-game defeats in their respective pre-quarterfinal matches to crash out of the men's singles competition of the Indonesia Masters, a BWF World Tour Super 500 tournament, in Jakarta on Thursday.
'Geopolitically and diplomatically it's a very difficult situation for India.'
An Indian commerce ministry team has reached Washington for another round of talks from Monday on the proposed bilateral trade agreement (BTA), an official said. Chief negotiator of India and special secretary in the Department of Commerce, Rajesh Agrawal, will join the team on Wednesday.
In a bold push to expand India's talent pool, AIFF president Kalyan Chaubey has revealed that the federation is actively pursuing the inclusion of Overseas Citizens of India (OCI) in the national football team.
United States President Donald Trump has said India is 'very close' to China in terms of its purchases of Russian oil and will pay tariffs of 50 per cent as he indicated that 'you are going to see so much secondary sanctions'.
India beat England 3-2 in inconsequential tie of Sudirman Cup
India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.
Rapido - one of the largest players in the bike taxi commute business - says the new guidelines released by the central government on July 1, permitting "non-transport motorcycles" for aggregators, no longer give states the option of rejecting the revised policy.
From the Sensex firms, Kotak Mahindra Bank, Eternal, Asian Paints, NTPC, Bharat Electronics Ltd, Adani Ports, Infosys and State Bank of India were among the major gainers. However, Titan tumbled over 6 per cent. Trent, Axis Bank, Maruti and Hindustan Unilever were also among the laggards.
Uzbekistan earn first World Cup qualification, Australia, Jordan close in
Herman Jansen continues to see India as a strategically-important emerging market despite selling the global rights for Maison House and Savoy Club brands from UTO Asia to Allied Blenders and Distillers (ABD). Herman will focus on growing its European and South East Asian market, Diederik Jansen, chief executive officer and seventh-generation owner of Herman Jansen, which has been producing spirits since 1777, told Business Standard.
Rahul Gandhi accuses PM Modi of prioritizing his image over national security after the Pahalgam attack, challenging him to refute Trump's claims of brokering a ceasefire between India and Pakistan.
Indonesia are at the top of group A while Mongolia are at the bottom. In Group B, Malaysia are on top of the table.
The Congress party launched a scathing attack on the central government regarding the Pahalgam terror attack and Operation Sindoor, demanding accountability from Home Minister Amit Shah and clarification on the number of Indian jets downed during the operation.
'We will inform them how Pakistan not only helps terrorists, it also provide training to them to target India and spread terror.'
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.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.
The International Olympic Committee (IOC) will spearhead discussions on gender eligibility criteria in sports, its new President Kirsty Coventry said on Thursday, four years after the ruling body had urged federations to handle the issue independently.
Congress leader Salman Khurshid, who is a part of India's diplomatic mission abroad, on Monday said it is 'distressing' that people back home are calculating political allegiances and asked if it is 'so difficult to be patriotic'.
India is trying hard to erase Indonesia's wariness about New Delhi, building security cooperation in the Indian Ocean and Pacific Ocean. If Indonesia decides to buy the Brahmos missile, it would further strengthen relations between the world's most populous nation and the most populous Islamic country.
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.
'Everybody knows when I hear Indian music, I start dancing'
World soccer's ruling body added that the decision had been taken following a meeting between its President Gianni Infantino and PSSI Chairman Erick Thohir.
The death toll included over 450 from intense heat wave last summer, according to the World Meteorological Organization.
Earlier, the 17-year-old made short work of another Taipei shuttler Lin Sih Yun 21-12, 21-7 in the round of 16.
Top seed and 2018 winner Shi Yu Qi of China dispatched Indonesia's Chico Aura Dwi Wardoyo 21-13, 21-8 while compatriot Li Shi Feng, world number six, came from behind to beat Canadian Brian Yang 21-11, 18-21, 21-16.
The message from Sunday's event will undoubtedly reverberate globally. It's a landmark occasion that will be remembered for generations and will inspire many other states to introduce the story of Rajendra Chola into school curricula, says Tarun Vijay.
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.
Lakshya Sen and Kiran George advanced to the second round but HS Prannoy and Kidambi Srikanth made early exits after suffering narrow losses in their respective opening matches at the Indonesia Masters Super 500 badminton tournament in Jakarta on Wednesday.
Kidambi Srikanth started his campaign in the Taipei Open on a bright note and moved into the second round of the Super 300 badminton tournament along with a host of other Indian youngsters in Taipei on Wednesday.
Double Olympic medallist P V Sindhu made a winning start to the Badminton Asia Championships with a straight-game win over Ester Nurumi Wardoyo of Indonesia in the women's singles while Lakshya Sen made an early exit from the men's singles draw in Ningbo, China, on Wednesday.
A marching contingent and band from Indonesia led the 76th Republic Day parade in New Delhi, India, marking the first time an Indonesian military contingent has participated in a parade abroad. The contingent, representing the spirit of "Bhinneka Tunggal Ika" (Unity in Diversity), displayed precise marching movements and harmonious melodies, reflecting the spirit and honour of the Indonesian Military Academy.
The highlight of Tuesday's debate on Operation Sindoor was the speech by Prime Minister Narendra Modi, with the rebuttal by Congress's Wayanad MP Priyanka Gandhi coming a close second.
