India's economic growth is gaining momentum, Paris-based think tank OECD said on Monday amid the new government initiating various measures to bolster the economy.
The MiG-21 episode demonstrates that procurement is always strategic.
Choices about what aircraft to acquire, who builds them, who supplies the spares, who trains the pilots and technicians are decisions with political consequences lasting for decades.
The BJP has accused the Congress party of fabricating the theory of 'Hindu terror' to undermine Narendra Modi and appease Muslim voters. This statement follows the acquittal of seven individuals in the Malegaon blast case. The BJP demands compensation for the acquitted and an apology from the prosecution.
Goods and Services Tax (GST) collection rose 12.6 per cent Y-o-Y to an all-time high of about Rs 2.37 lakh crore in April, which the government said shows resilience of the Indian economy and the effectiveness of cooperative federalism. The gross GST mop-up was Rs 2.10 lakh crore in April 2024 -- the second highest collection ever since GST was rolled out on July 1, 2017. The net mop-up was Rs 1.92 lakh crore.
Aryan Sharma, a 17-year-old inspired by Virat Kohli, saw his 2018 message to the Indian batting great to 'watch him play for Australia in 2025' come to life.
India and the US have concluded the fifth round of talks for the proposed bilateral trade agreement (BTA) in Washington. Both sides are looking at finalising an interim trade deal before August 1. Issues related to agriculture and automobiles figured during the negotiations.
Prime Minister Narendra Modi arrived in China for the Shanghai Cooperation Organisation (SCO) summit. His meeting with President Xi Jinping is significant given global economic concerns.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
The government plans to establish a fully indigenous manufacturing ecosystem with an annual production capacity of up to 6,000 tonnes. The scheme is expected to run for seven years, according to official documents.
'The E20 usage accrues the huge benefit to the nation, to the society, to the farmer, to the environment, to the exchequer and all of us'
Global tech major Adobe Systems' chief executive Shantanu Narayen on Thursday said creativity, and not software code, will be the main driver of India's economy in the future.
'Once the lockdown is lifted, we will see some pickup in demand.' 'And my sense is that it will be a long walk this time given that we have lost three months of economic activity.'
As India gears up to face Oman on Friday, September 19, at the Dubai international stadium, the focus returns to cricket.
Rakesh Mohan, Secretary, Department of Economic Affairs, on Tuesday pointed out that the Indian economy was on the move with the gross domestic product growing at about 7 per cent last year and investment levels in the country also going up.
New lower GST rates kicked in from Monday, resulting in a slashing of prices of as many as 375 items ranging from toothpaste and shampoo to cars and television sets, a move seen as an attempt to boost consumption to cushion an economy facing tariff headwinds. Tax rates of 5, 12, 18, and 28 per cent have been clubbed into two rates of 5 per cent and 18 per cent, resulting in a reduced price of 99 per cent of daily use items.
Amid projections of up to over 9 per cent growth in Indian economy this fiscal, ratings firm Moody's has cautioned against overheating that can result in probable asset bubbles.
India's monstrous public distribution system ensured that the government, and not private players, became a huge hoarder of food grains.
In the Indian stock market, investors are interested in the actions of both domestic and foreign institutional investors (FIIs and DIIs). These groups have wealth as well as expertise in research, which makes them powerful participants in the Indian stock market. Their buy and sell positions have a large effect on stock prices and market sentiment due to the large volume.
'If nominal growth improves and earnings pick up, Indian stock markets could see a rally next year.'
Air Chief Marshal A P Singh emphasizes the importance of clear objectives and timely conflict termination, citing Operation Sindoor as an example for the world to follow.
'Bihar's voters' electoral memory is long, and their evaluations are relational; who came to the village, who followed up, who resolved a problem.'
The defence minister, without naming anyone, said some people are not liking the rapid development of India and are unable to digest it.
'Bollywood now pushing propaganda with #TheTajStory a film twisting history by showing the Taj Mahal as a temple. A country boasting of being the 4th largest economy is drowning in fantasy & communal myths. When propaganda feels ashamed, you know it's India 2025'
For the fiscal year ending March 31, India's GDP growth was 5 per cent, down from 6.2 per cent the previous year.
RBI has reiterated its faith in the Indian economy but it has also put forth some key concerns that have the potential to derail the growth engine.
Responding to India's squad selection for the home series against West Indies, former Indian cricketer Irfan Pathan opined that pace spearhead Jasprit Bumrah could have been rested for the series in order to groom a young fast bowler.
From the Sensex firms, Tech Mahindra, Tata Steel, Tata Motors, Titan, HDFC Bank, IndusInd Bank, Infosys and Kotak Mahindra Bank were among the biggest laggards. On the other hand, Adani Ports, Mahindra & Mahindra, Power Grid, Eternal and Hindustan Unilever were among the gainers.
'Stage five of this catastrophe has begun: Starvation.'
To defend their Asia Cup title, India must improve catching and find a steady middle order. Friday's dead rubber is a good chance to try these out.
The last couple of days have produced data that potentially cause a dent in the otherwise growing confidence about the Indian economy stabilising.
The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders.
'Saudi-Pak defence pact is to anchor the defence and security of Saudi Arabia and not Pakistan, per se, with Islamabad being the junior partner.'
S&P Global Ratings on Tuesday upped India's GDP growth forecast for the current fiscal to 6.5 per cent, citing lower crude prices, monetary easing and normal monsoon, and said the ongoing geopolitical tensions are unlikely to put a "significant pressure" on the rupee or inflation.
A top military official has revealed details about India's proposed air defence system, Sudarshan Chakra, describing it as a comprehensive system that will include counter-drone, counter-UAV, and counter-hypersonic capabilities.
The Indian economy is in deep crisis, and it will take at least two years to recover if we have a focused government.
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.
'The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself.'
India can be rated as among the best performing economies in the world
Prime Minister Narendra Modi and Chinese President Xi Jinping vowed to work towards a "fair, reasonable, and mutually acceptable" resolution of the festering boundary issue and pledged to work towards stabilising global trade.
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