Due to India's limited dependence on external demand and strong fiscal and monetary stimulus measures, the global economic and financial crisis had a relatively muted effect on the country, the Obama Administration told the US Congress on Thursday.
'Without ground troops the US will not be able to oust the Iranian Islamic regime. Political change does not happen just by using bombs or planes.'
We forget that, three months ago, the over-riding economic problem in India was inflation. So the good news is that the tide has turned.
Amidst ongoing conflict, Iranian President Masoud Pezeshkian signals a potential de-escalation by apologising to neighbouring countries while firmly rejecting US President Donald Trump's demand for unconditional surrender.
'Despite the large number of missiles and drones we have already launched, we still possess reserves and missile cities whose doors have not yet been opened,' says Iran's Consul-General Saeid Reza Mosayeb Motlagh.
The Congress party has strongly criticized the Union Budget, calling it 'lacklustre' and 'disappointing,' claiming it fails to address the needs of farmers, unemployed youth, and other key sectors.
'Vajpayee used to consult the Opposition; Indira Gandhi used to consult the Opposition. Which khet ki mooli is Modi?'
With its economy battered by the devastating floods, Pakistan must make peace with India and normalise its economic ties if it wants to overcome the crisis, a noted American scholar has said.
What we are watching is something different: A fog manufactured and maintained by the people who started the war, so that the question of why it was started never has to be answered, observes Prem Panicker in his must read blog on the war in the Middle East.
Tamil Nadu Chief Minister M K Stalin on Saturday claimed that Governor R N Ravi 'insulted' the gubernatorial position he holds, by not reading out the speech at the commencement of the assembly session.
In July, the Pakistan government's debt swelled to USD 2.44 billion, including USD 2.07 billion in non-guaranteed debt owed to China, as per Geo News.
Trade deals ease risks for Indian equities, but weak demand and stretched valuations raise questions over whether optimism -- especially in smallcaps -- can turn into a sustained bull run, points out Debashis Basu.
There are "grave implications" of the current economic downturn for 1.5 million people of Indian origin working and living in Britain, according to the Indian Workers Association.
'Within six months I expect petrol, diesel, and electric vehicles (EVs) to reach cost parity,' says Union Minister for Road Transport and Highways Nitin Gadkari.
On the back of an aggressive asset monetisation push, the government will press the throttle on the build-operate-transfer (BOT) model - under which private developers fund highway construction - for future highway development, Union Minister for Road Transport and Highways Nitin Gadkari said.
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.
'When young doctors see limited protection, unpredictable careers and an absence of institutional support, they hesitate.'
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.
A large-scale international study published in the journal, Molecular Psychiatry, has been tracking over 7 lakh individuals and has shown that 34.6 per cent of mental disorders begin before the age of 14 years, 48.4 per cent before 18 years and 62.5 per cent by the age of 25 years.
What do the fluctuating gold-silver price ratio portend?
'No, India and China were not about to go to all-out war over a few rocks of Galwan.' 'The full picture of what went on at the highest level between two heads of State will not be known for a very, very long time and rightly so,' points out Colonel Anil A Athale, former head of the history division, ministry of defence.
Is the parabolic rise in silver running out of steam or just getting started? Ramalingam Kalirajan offers his take on if you should invest in silver now?
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.
Wickremesinghe, 76, was arrested at the Criminal Investigation Department (CID) headquarters, where he was summoned to record a statement in connection with an investigation into the alleged misuse of government funds, police said.
'This calls for a very serious investigation, investigation and introspection both.' 'Wherever we went wrong needs proper introspection; but the results also need investigation.'
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 Competition Commission of India, following its preliminary inquiry, said the airline appeared to have caused an appreciable adverse effect on competition by restricting its services.
India and other key emerging markets have been categorised as having high exposure to Europe's economic woes by a risk analysis firm, Maplecroft.
Real GDP growth surprised on the upside in 2025, but weaker nominal growth, trade uncertainty, and soft demand signal a bumpier road ahead.
Her mission: Making Mother Earth cleaner and greener!
I am inclined to believe that the Venezuela adventure is not an indication of American strength, alas, but rather of American weakness, points out Rajeev Srinivasan.
The US government, under President Trump, justifies the intervention as a security necessity rather than a resource grab. The primary official reasons include: narco-terrorism charges, national security and migration crisis.
As he is laid to rest, Indian cricket bids farewell to one of its greatest administrators -- a visionary who understood that breaking monopolies and building stadiums were about the same thing: Giving millions of cricket-loving Indians the infrastructure worthy of their passion.
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.
'The real story of 2025 is that India officially stopped being a 'market of the future' and started acting as the world's primary economic engine.'
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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.
'The immediate impact for India will be very minimal as the share of Venezuela in our total overseas production is very low.'
'Only four or five original companies remain; the rest have been replaced every decade as sectors evolve or leadership shifts.' 'Companies that fail to adapt -- like many textile mills from the 1970s and shipping firms from the 1980s -- disappear.' 'Benchmark indices reward those who reinvent themselves in line with economic demands.'
