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Washington: India’s priority is not to impose its dominance but to enhance its influence, Union Finance Minister Nirmala Sitharaman has said, asserting that no country, whether the US or China, can ignore New Delhi today. Ms. Sitharaman made the remarks on Wednesday during a panel discussion on “Bretton Woods at 80: Priorities for the Next…
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“He didn’t even spare his co-founder. Everyone saw her mental and physical ordeal on her last day in November 2021 at the Vikhroli office.” “Wanting to prove himself like Elon Musk, X Founder buys 35% stake in a startup destined to become India’s Theranos.” “The founder has sold all startup assets to a company owned…
Read More “A Whistleblower Wave Is ‘Disrupting’ India’s Startup Scene” »
What is inflation? In simple terms, inflation refers to an increase in the price of goods and services over a period of time. To illustrate, if five chocolates cost Rs 10 in 2020 and if the price went up to Rs 15 in 2024, it simply means that the cost of chocolates has increased over…
As the dust settles on the proposals that the Finance Minister made in the Budget earlier this month, some aspects have become clearer while questions remain on others. Budget 2024-25 saw several initiatives around employment and skilling being proposed. Do these form a good first step in addressing the jobs challenge the country faces? Or…
Read More “Exploring the Key Highlights of the Union Budget 2024: Part 2 | In Focus podcast” »
Amid the final stretch of Lok Sabha elections, onion farmers in the key producing districts of Nashik are cast their votes under the cloud of economic distress and policy dissatisfaction. | Photo Credit: B. Jothi Ramalingam In India, the rise in the price of onions has reportedly been a factor that influenced the outcomes of…
Read More “The changing rules on onion export could impact election results: Data” »
President of Argentina, Javier Milei. File Argentina’s monthly inflation rate eased sharply to a single-digit rate in April for the first time in half a year, data released Tuesday showed, a closely watched indicator that bolsters President Javier Milei’s severe austerity program aimed at fixing the country’s troubled economy. Prices rose at a rate of…
Read More “Argentina reports its first single-digit inflation in six months” »
Bolstered by current and anticipated upticks in demand, manufacturers reported higher confidence levels with expectations of higher output a year ahead. File (Representational image) | Photo Credit: Reuters India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India…
Revenues from domestic transactions grew 13.4%, the Finance Ministry said, while goods imports yielded an 8.3% uptick in the indirect tax collection. File | Photo Credit: K.V.S. Giri Year-end compliances lifted India’s gross Goods and Services Tax (GST) revenues past a record ₹2.1 lakh crore in April, reflecting a 12.4% growth over the previous record…
Read More “In fresh high, gross GST revenues shoot past ₹2.1 lakh crore in April” »
The fall in household savings has been at the heart of recent debates in India. The decline in household savings is brought about by a drastic reduction in net financial savings as the household net financial savings to GDP ratio attained a four-decade low. Figure 1 shows the broad trend in household savings, physical savings…
Irrespective of macro-economic indicators used to prove the point that the economy is doing well, voters are worried about the empirically lived economy that they experience. Image for representation | Photo Credit: Getty Images/iStockphoto As the campaign hots up and voters in some parts gear up for voting, all the masala required for the Opposition to…
Read More “CSDS-Lokniti pre-poll survey | Economy takes front seat in 2024 campaign” »