The International Monetary Fund (IMF) has reduced India's growth forecast for FY27 to 6.4 per cent, citing the potential impact of higher energy prices offsetting the country's economic resilience. Despite this, India remains among the fastest-growing major economies.
It is plain to see that the US senate bill's real objective is to derail India's time-tested strategic partnership with Russia, points out Ambassador M K Bhadrakumar.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
History may remember Takaichi Sanae not as the leader who simply accelerated Japanese rearmament, but as one who governed during Japan's transition from an industrial-age security model to a post-industrial strategic member of the global order, points out Varun Arya.
Selected students who have cleared class 10 will receive a one-time scholarship benefit of up to Rs 30,000, (depending on the fee structure).
'India should hold several high-level chess tournaments that would attract the world's top players so that the country will have a say in the game.'
Wipro Executive Chairman Rishad Premji announced that clients are now integrating Artificial Intelligence (AI) into their core business processes, moving past initial pilot projects. Speaking at the company's AGM, Premji highlighted AI's role in driving innovation, efficiency, and growth, and noted Wipro's internal AI adoption has significantly streamlined operations.
Hyderabad-based Midwest Ltd has become the first Indian private company to secure overseas critical mineral mines, sealing a deal with Indonesia's state-run PT Perusahaan Mineral Nasional (PERMINAS) to ensure a long-term supply of rare earths.
The value of the rupee, which has slipped to the 92 per dollar mark, does not accurately reflect India's stellar economic fundamentals, the Economic Survey said on Thursday.
Personality rights violations are increasingly being used as vehicles for financial fraud, with unsuspecting consumers misled by fabricated endorsements.
The vaccine has been cleared for use in individuals aged 4 to 60 years and can be administered irrespective of whether the taker has had dengue before, eliminating the need for pre-vaccination screening.
The Sports Ministry has provisionally recognised the Federation of Motor Sports Clubs of India (FMSCI) as a National Sports Federation (NSF). This status makes FMSCI eligible for financial grants and is a significant step in the government's efforts to bring Formula 1 racing back to India, with a Task Force also being formed to explore hosting major motorsport events.
'Periods of heightened volatility, driven by global events such as tariffs and geopolitical tensions over the past year-and-a-half, can make some investors pause or discontinue their investments.'
Eternal, the parent company of Zomato and Blinkit, reported a nearly fourfold increase in net profit to 92 crore for Q1FY27, primarily due to operational gains and the strong performance of its quick commerce business, Blinkit.
Apple Inc, which had planned to shift only 10 per cent of its global production base from China to India with respect to iPhones at the end of FY26, is currently churning out one out of every four iPhones in the world from India.
Vande Mataram, the national song that has stirred passions and political controversies for more than a century, received legal protection on Thursday with Parliament passing a bill making any insult to it a punishable offence, rekindling the long-running debate over its place in India's history and identity.
India is waiting for assurance from the US on comparative advantage over other economies under the deal.
'The truth is Christopher Nolan's The Odyssey ultimately isn't about ancient Greece. It's about us. We all carry a Trojan Horse. We all imagine an Ithaca. We all fight monsters. We all battle invisible demons. And eventually, we all discover that arriving somewhere is never the end of becoming someone,' points out Deep Malhotra.
'You set up your SIPs and you do not touch them. Not during COVID, not during a war scare, not when your neighbour tells you the market is finished. You let the noise pass over you.' 'The beauty of this approach is that it does not require courage or conviction in the moment. It just requires inertia -- keep the SIP running and do not look at your portfolio too often.'
The harsh truth is that the US is no longer a reliable partner, cautions Ramesh Menon.
The rupee weakened to a record low against the US dollar due to Gulf tensions, rising oil prices, and foreign capital outflows.
India's government is working to resolve tax and regulatory hurdles to bring Formula One back to the Buddh International Circuit on the outskirts of New Delhi in 2028, more than a decade after the race was dropped.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
The US Central Command announced a new wave of strikes against Iranian military infrastructure, aiming to degrade Tehran's ability to threaten civilian mariners and commercial vessels. This comes as US President Donald Trump described the situation as a 'skirmish' and suggested Iran wants to 'make a deal,' while Iran's Foreign Minister warned of a 'decisive response' to any aggression.
Sri Lankan President Anura Kumara Dissanayake has announced an economic relief package to mitigate the impact of the West Asia conflict, including fuel price reductions and support from India for petrol and diesel supplies.
The appointment comes as Agnikul prepares for Mission 02, a flight that will attempt, for the first time on Indian soil, the recovery of an orbital-class rocket booster and the extension of a rocket's upper stage into an on-orbit platform.
Petrol and diesel prices in India have seen their fourth increase in less than two weeks, pushing cumulative hikes to nearly Rs 7.5 per litre since May 15, reaching their highest levels since May 2022. This surge, driven by global crude oil costs and the Iran conflict, is expected to exacerbate inflationary pressures and raise transportation costs across the economy.
For the foreseeable future, the most likely outcome remains continuation of the status quo. Taiwan will remain self-governing without formally declaring independence, while China continues to apply sustained pressure short of war, predict Krishnan Srinivasan and Manoj Mohanka.
Vaibhav Sooryavanshi hit an 18-ball half-century as India crushed Zimbabwe by seven wickets to go 1-0 up in the 3-match T20I series in Harare on Thursday.
S&P Global Ratings projects India's economic growth to slow to 6.6 per cent in FY27, down from 7.7 per cent in FY26, citing energy stress and a potential sub-par monsoon.
Despite decades of efforts towards energy transition, oil will remain the critical energy source for all nations for some decades. We can hope for peace opening the Strait of Hormuz, but must prepare for war closing it, points out former foreign secretary Ranjan Mathai.
India's Goods and Services Tax (GST) collections saw a significant 14 per cent increase in June, reaching approximately Rs 1.95 lakh crore. This surge was primarily driven by a substantial 34.6 per cent growth in tax mop-up from imports, alongside a 6.5 per cent rise in domestic supplies, reflecting the country's economic resilience despite global uncertainties.
India anticipates a reduction in the United States' proposed tariffs on Indian goods under the Section 301 investigation, following New Delhi's recent notification to restrict the import of products made with forced labour.
'The real shock is going to be from a deficient monsoon.'
In reality, no single philosophy can dominate every market cycle. That's why we've explained how these approaches work to help investors make informed and realistic decisions.
NITI Aayog's inaugural Investment Friendliness Index, scoring 36 states and Union Territories on 84 indicators across eight pillars, revealed that no state or UT reached a score of 60 out of 100, indicating significant room for improvement in attracting investment.
Legendary economist and former Federal Reserve chairman Alan Greenspan has died at the age of 100 due to complications related to Parkinson's disease, his wife Andrea Mitchell confirmed.
Israeli Prime Minister Benjamin Netanyahu announced a significant policy shift, declaring that Israel's robust economy no longer requires American financial assistance. He also reiterated strong opposition to Palestinian statehood, affirmed an aggressive national defence strategy, warned of pre-emptive strikes against Iran, and confirmed the continued military presence in southern Lebanon.
FIFA President Gianni Infantino has acknowledged the possibility of expanding the World Cup to 64 teams, a move that could significantly alter the sport's economics and logistics, despite opposition from major confederations like UEFA and AFC.
India and Nepal have launched a peer-to-peer (P2P) cross-border remittance mechanism, linking India's UPI with Nepal's NPI. This system allows real-time money transfers via mobile banking, enhancing convenience for travellers and businesses, fostering financial inclusion, and strengthening economic ties between the two nations.
