BUSINESS
Nearly a tenth of India’s retail inflation basket may get direct relief from proposed October GST cut
Inflation in these categories had touched an eight-month high of 2.9 percent in July, even as overall inflation slipped to an eight-year low of 1.6 percent
BUSINESS
Marginal impact in Q2, GST Cut to boost consumption and growth for FY26, say economists
Festive season, tax cuts, monetary easing to keep demand steady despite GST rationalisation from October
INDIA
Pakistan, infiltrators, Mahabharat return to Independence Day lexicon after nearly a decade; RSS, critical minerals among new mentions
PM, in one of his longest I-Day speeches, mentioned Pakistan three times, the highest count in 14 years
INDIA
Atmanirbharta, kisan and yuva dominate one of PM Modi’s longest Independence Day speeches
The push for self-reliance extended to energy security. Modi announced a National Deep Water Exploration Mission and set a goal to increase nuclear energy output tenfold by 2047, and reiterated the need to cut dependence on imported fuels
BUSINESS
Pakistan mentioned just twice in Modi’s I-Day speeches over the past decade
The last explicit reference to Pakistan came in 2016, when Modi mentioned the Peshawar terror attack during his longest Independence Day speech to date
BUSINESS
Wholesale inflation falls to 25-month low of -0.58% in July
The decline in WPI aligns with the easing of retail inflation, which slipped to an eight-year low of 1.6 percent in July as food inflation slipped further
INDIA
India can set global benchmarks in data, says CEA Nageswaran
We need to shed the fear that data may reveal something we don’t want revealed, says MeITY secretary Krishnan
INDIA
PM Modi nears 1 lakh words in Independence Day speeches, more than double his predecessor’s pace
Independence Days speeches have frequently served as a platform to launch flagship programmes—the Pradhan Mantri Jan Dhan Yojana in 2014 and the Jal Jeevan Mission in 2019
BUSINESS
No major impact of US tariffs on India’s growth, says S&P Global Ratings
Exemptions for electronics, especially smartphones, and pharmaceuticals will help cushion the blow, while India’s export exposure to the US is limited to about 2 percent of GDP
INDIA
Dogs on the loose, budgets on a leash
In 2021–22, MCD spent Rs 5.9 crore on stray dogs, of which Rs 5 crore went towards sterilisation and just Rs 70 lakh towards building sterilisation centres
BUSINESS
Cheaper veggies, costlier cheers: beer and country liquor prices surge
While food deflation pulls overall inflation down, alcohol prices buck the trend with sharp summer gains
BUSINESS
India’s retail inflation eases to eight-year low of 1.55% in July
Retail inflation has been below 4 percent for six months, averaging under 3 percent since April
BUSINESS
Trump’s tariffs could hit north, central India, Andhra Pradesh hardest
Andhra Pradesh’s shrimp farmers, Punjab’s cotton producers, and north India’s manufacturing clusters are among the most exposed
BUSINESS
Rainfall momentum slows in August as India nears Kharif sowing completion
Rice coverage has reached 90.5 percent, compared with 80.7 percent last year
BUSINESS
Mirzapur, Pathanamthitta among districts most exposed to Trump’s proposed tariffs
Carpet and turmeric oil hubs face steep risk as US duties threaten high-dependence export categories
BUSINESS
Go Fish: Trump tariffs may dent India’s booming marine exports, but China’s rising appetite offers relief
Shrimp-heavy trade faces US tariff turbulence, but India's growing diversification may soften the blow
BUSINESS
India’s key US exports worth $8.5 bn may struggle to find alternative markets
Moneycontrol estimates that about 3 percent—or $3 billion—of US imports from India come from sectors where India commands over 50 percent of the American market, indicating potential supply chain stress for US buyers
BUSINESS
India’s effective tariff burden rises sharply, over double that of Vietnam and Philippines
Tariff escalation threatens $63 billion in exports, puts labour-intensive sectors at risk
BUSINESS
Trump’s tariff hike sparks competitiveness, layoff fears among India’s MSME exporters
Over $50 bn in trade at risk as effective duties on labour-intensive sectors climb to over 50%, industry warns of job losses
BUSINESS
Over half of India’s exports to US now in jeopardy under Trump’s tariff hike
Average duty on Indian goods rises to 50%, threatening $63.5 bn in trade despite exemptions for pharma, auto, and tech
BUSINESS
Himachal’s traditional destinations less popular now as domestic tourists take road less travelled
Shimla, long regarded as the crown jewel of Himachal tourism, saw its share of domestic tourists fall to 14.3 percent in 2024, down from over 19 percent in 2016 and 22 percent in 2008
BUSINESS
India-Philippines’ ties turning strategic after a strong post-pandemic growth
Trade has grown 63% since 2019–20, with defence cooperation and sectoral realignments strengthening bilateral engagement
INDIA
Varanasi emerged as the top tourist destination in UP, overtaking Agra in 2023
Prime Minister Modi on August 2 inaugurated and laid foundation stones of projects worth Rs 2,200 crore in Varanasi and surrounding areas.
BUSINESS
Europe’s Russia rhetoric doesn’t match its trade ledger
Data from 2024 shows that the European Union's total trade with Russia stood at $70.3 billion. India, often portrayed as one of Moscow’s key post-invasion trade partners, traded $72 billion worth of goods during the same period
