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
BUSINESS
Services activity remains strong at 60.5 in July: HSBC PMI
India’s manufacturing PMI rose to a 16-month high of 59.1 in July, up from 58.4 in the previous month
BUSINESS
Excess rainfall likely hit sowing of coarse cereals and pulses
While rice sowing has surged, erratic rains in key states have likely slowed coarse cereal and pulse acreage
BUSINESS
India’s effective tariffs on US goods are lower than those of Sri Lanka, Thailand
In 2023, India imposed an average 6.1 percent tariff on US exports, Sri Lanka levied 8.4% and Thailand 6.9%
BUSINESS
Despite US tariffs, India faces lower trade disadvantage than South Asian rivals
Effective tariff differential for India is lower than Bangladesh, Pakistan, and Sri Lanka
BUSINESS
In top trading categories, US would struggle to replace Indian imports
Despite tariff hikes, US consumers may find alternatives scarce in high-dependence categories like shrimp, jewellery, and tyres
INDIA
West Bengal has underestimated puja spending every year since FY20
Mamata Banerjee’s 30% hike in Durga Puja grants continues a pattern of budget underestimation; FY25 spend exceeded allocation by 20%
