Barack Obama, who took charge as the 44th President of the United States on January 20 amid sky high approval ratings, is already facing a decline in his tremendous popularity.A recently conducted poll shows that Obama's job approval ratings have dipped due to the relentless financial crisis and the government's stumbling stimulus packages to revive the American economy.
'This has translated into a combined daily loss of 60 crore in revenues for exporters in Tiruppur, Coimbatore, Erode and Karur districts, pushing many small and medium enterprises to the brink of collapse.'
The new US national security strategy signals a retreat from global dominance while reaffirming continuity in India's role in Indo-Pacific security and Quad cooperation, points out former foreign secretary Shyam Saran.
Indian-descent democratic socialist Zohran Mamdani has been sworn in as the Mayor of New York City, marking a new era for the city with a focus on affordability and working-class New Yorkers.
Years of repression and disappearances have taught Venezuelans, the hard way, not to voice either their anger or their joy, observes Radha Roy Biswas who spent her formative years in Venezuela.
Economists have long argued that they shouldn't be expected to predict crises, such as the one that almost sank the global economy five years ago.
What do the fluctuating gold-silver price ratio portend?
United States President Donald Trump was hoping to get the Peace award for "stopping" the eight wars including the conflict between India and Pakistan through trade and tariffs.
For decades, the Siliguri Corridor was treated as a geographical vulnerability to be quietly managed. Today, it has emerged as a focal point of eastern geopolitics.
This does not necessarily mean that macroeconomic data will improve dramatically. Growth and employment could depress for a while. The markets are, however, unlikely to bother with absolute levels. They will cheer a situation in which the numbers don't get any worse and show the mildest promise of improvement.
These changes certainly bring India's GST a lot closer to what an ideal GST would look like, points out Karan Bhasin.
'Definitely BJP is creating trouble in the water. That's all. It's fishing in troubled waters.'
'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.'
Women are increasingly using gig work as a pathway to economic independence which has no entry barrier, especially as an alternative to traditional jobs.
'Previously, contributing only 25 per cent of material costs, states now face burdens of 40 per cent to 100 per cent of total costs, ensuring poorer states will curb project approvals, directly stifling work demand.'
"The policy of Macaulay, which sowed the seeds of mental slavery in India, will complete 200 years in 2035. This means there are 10 years left. Therefore, in these very 10 years, we all must come together to free our country from the slave mentality," he said.
A larger part of India's population was in the middle 40 per cent of the national income share in 1980. Today almost all are in the bottom 50 per cent.
IMF also asked countries around the world to coordinate policies to achieve a global rebalancing and sustain the recovery.
The world seems to have caught severe pneumonia, or worse, as China had flu.
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
India and other key emerging markets have been categorised as having high exposure to Europe's economic woes by a risk analysis firm, Maplecroft.
Mamdani will meet Trump in the White House on Friday, the first meeting between the two and also since his victory in the New York City Mayoral election on November 4.
In any downturn, the turnaround comes only when investors feel asset prices have bottomed out; when consumer demand has fallen so much that it has nowhere to go but up; and when bankers feel that businesses (or those that remain) are on even keel.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
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President Pranab Mukherjee has sought to counter criticism against the economic stimulus provided when he was the Finance Minister in 2009 and maintained that economy under him registered high growth rates.
India's manufacturing sector activity remained broadly flat in June as new orders declined for the first time in over four years and power cuts and fragile economic conditions weighed on the sector's performance, an HSBC survey said.
India emerged from the war militarily bruised and strategically altered. The United States, under the guise of friendship, had succeeded in achieving what open alignment never could: The psychological and political repositioning of India within the Cold War order, points out Dr Kumar.
The exchange rate is substantially overvalued, economic growth had stalled, and the financial system is under stress.
This columnist cannot pretend to be an economic expert but can certainly point out that the statistics being reeled out on a daily basis now, have added to the economic burden of the people, says Seema Mustafa.
What appeared to be a generous act of friendship was, in truth, a manoeuvre within a much larger strategic game. The United States used the 1962 war not just to aid India but to test how far it could be pulled into the Western fold, points out Dr Kumar.
India is emerging Asia's canary in the 'hot money' mine.
'These children possess catastrophically low birth weights -- often 1.4 kgs or less. Such extremely low birth weight results in profoundly compromised neo-natal immunity.' 'The escalation to 97 deaths in three months precipitated contemporary attention precisely because this magnitude concentrates the humanitarian emergency, rendering it impossible for the administrative machinery to ignore.'
'Can a nuclear-armed nation sustain itself indefinitely under overt military rule without catastrophic consequences for itself and the region? History suggests otherwise.'
'I met with a man who really wants to see New York be great again. I think he can bring it back. I think he wants to make it greater than ever before, and if he can, we'll be out there cheering. I'll be cheering for him.'
India and China, besides some developed countries, may face economic downturn in the coming months, according to an analysis by OECD -- a grouping of mostly advanced nations.
For Canada, important steps towards containing domestic elements that fuel pro-Khalistan sentiments can go a long way in signalling trust positively with regard to security and sovereignty, point out Harsh V Pant and Vivek Mishra.
Europe may continue to reel from the shock of the global financial crisis, but even in these depressed circumstances Information Technology-related outsourcing remains surprisingly buoyant to the benefit of Indian firms like Tata Consultancy Services.
Opening the two-day 15th NAM Summit of the 118 developing nations at this Egyptian Red Sea resort city, Cuban President Raul Castro said the grouping believes that all countries in the world should search for effective and justified measures to tackle the current financial crisis.
'They are totally disconnected with farm activities which their families have been involved in for years.'
France today increasingly resembles the Italy of the past, when governments fell with bewildering regularity, prime ministers came and went in rapid succession, and political instability became the norm rather than the exception, point out Krishnan Srinivasan and Manoj Mohanka.
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