Defence Secretary Rajesh Kumar Singh has said that India’s current defence spending, which is about 2% of GDP, needs to be raised to 2.5-3%. He stressed that the increase is vital to meet modern security challenges and technological demands. Plans for Annual Capital Outlay Singh noted that the 
                        
         
            
                When Donald Trump signed the executive order imposing a 50% tariff on Indian imports, it wasn’t just a headline move. It was a sledgehammer to India’s export engine. For a nation that shipped nearly $87 billion worth of goods to the U.S. in 2024, this tariff isn’t just punitive, it’s paralysing. The reason? India’s continued […]                            
             
            
                The Indian government has conveyed to the International Monetary Fund (IMF) that reducing the fiscal deficit to approximately 3% of the Gross Domestic Product (GDP) presents significant challenges. This communication underscores the complexities involved in achieving such a fiscal target. In a recent report, both the IMF and the Indian government acknowledged the necessity                             
             
            
                India aims to bring down its logistics costs from 16% of GDP to 9% within the next two to three years, as announced by Union Minister Nitin Gadkari. This ambitious target seeks to strengthen economic competitiveness by streamlining the nation’s supply chain infrastructure. Infrastructure Development Initiatives The government is accelerating infrastructure projects,                             
            
 
                                                                                    













