When Union Commerce Minister Piyush Goyal chose to publicly sneer at India’s platform economy, questioning whether the country should be proud of “delivery boys” instead of manufacturing entrepreneurs, he was not making a throwaway comment. He was revealing how disconnected parts of India’s
Prime Minister Narendra Modi on Tuesday highlighted India’s economic growth trajectory, stating that the country is on course to become the world’s third-largest economy in the coming years. Speaking at a business and community interaction in Jordan, the Prime Minister said India has maintained growth rates above 8 per cent, even amid global economic uncertainty. […]
Finance Minister Nirmala Sitharaman on Tuesday rejected remarks by U.S. President Donald Trump describing India as a “dead economy,” telling the Lok Sabha that India recorded 8.2 per cent economic growth while the global average stood at around 3.2 per cent. She said the data itself was sufficient to counter claims questioning the strength of […]
On the evening of November 8, 2016, India came to a standstill. Millions lined up outside banks, clutching stacks of suddenly worthless notes. The government’s announcement to invalidate ₹500 and ₹1,000 notes overnight was met with confusion, panic, and fierce debate. Economists called it reckless. Politicians called it a stunt. But few understood that demonetization […]
The Federal Reserve just quietly injected $125 billion into the veins of the American banking system in a matter of five days. That’s right—while President Donald Trump boasts about reviving American industry and making “America First” great again, the nation’s central bank was busy running a silent rescue operation to prevent a liquidity crisis. It’s […]
Australia’s consumer price index (CPI) rose by 1.3% in the third quarter of 2025, pushing annual inflation to 3.2%. The figure overshot market expectations and exceeded the Reserve Bank of Australia’s (RBA) 2–3% target band, raising concerns about the timing of future interest-rate cuts. Q3 Numbers And Drivers The quarterly rise of 1.3% was the […]
Russia rejected U.S. President Donald Trump’s warning that its economy was close to collapse, calling his assertions unfounded. Trump’s claim of fuel shortages During a Washington speech, Trump had said Russia was suffering from “long lines waiting for gasoline” and predicted its economy would collapse. In response, Deputy Prime Minister Alexander Novak said that domestic
Union Finance Minister Nirmala Sitharaman on October 3, 2025, said that despite the 50 % U.S. tariffs on Indian goods, the Indian economy remains strong enough to absorb external shocks. She was speaking at the Kautilya Economic Conclave in New Delhi. Domestic Anchors Against Global Risks Sitharaman stressed that India’s strength lies in domestic consumption […]
India has long depended on imported liquefied natural gas (LNG) to meet part of its electricity demand, even though gas-based power contributes only a small share of the overall mix. This dependence comes at a steep cost, both financially and strategically. In 2024, India imported nearly 37 billion cubic meters (bcm) of LNG, worth around […]
Finance Minister Nirmala Sitharaman announced that recent GST rate cuts will take effect from 22 September 2025. These cuts are expected to streamline tax slabs and reduce rates across many consumer goods. Economic Impact Projected The government estimates these reforms will inject about ₹2 lakh crore into the Indian economy by increasing cash in the […]















