International
U.S. President Donald Trump said he does not currently plan to impose retaliatory tariffs on countries like China for purchasing Russian oil, though he may revisit the issue in “two or three weeks.” The comment followed a summit with Russian President Vladimir Putin in Anchorage, Alaska, where Trump described the meeting as positive overall. While […]
Expert Opinions Opinion
Prime Minister Narendra Modi’s August 15 announcement of next-generation GST reforms, set for implementation by Diwali 2025, is more than just a festive season headline. It’s a structural overhaul designed to touch both the everyday essentials that drive rural markets and the big-ticket items that sway urban consumption patterns. By targeting two critical slabs — […]
National
The government has rolled out a four-pillar export strategy to counter the impact of steep US tariffs on Indian goods and strengthen the country’s trade position globally. Strategy Framework The plan focuses on four core areas: Enhancing export competitiveness by improving production efficiency and reducing costs. Promoting exports through greater visibility in global
Economy National
Credit rating agency S&P Global has upgraded India’s long-term sovereign rating from BBB- to BBB, marking its first rating boost in 18 years. The outlook remains stable. Why the Upgrade S&P cited India’s strong economic resilience, sustained fiscal consolidation, and improvements in monetary policy credibility. The agency also highlighted infrastructure progress,
International
India and China are preparing to restart direct passenger flights as early as next month, marking the end of a five-year suspension that began during the COVID-19 pandemic and was prolonged by border tensions. Indian airlines such as Air India and IndiGo have been instructed to prepare for potential operations on short notice. An official […]