The impact of the trade tussle between the US and China has engulfed the entire world with Beijing restricting the export of rare earth minerals. China being the producer or supplier of 90 per cent of the world’s rare earth minerals, the move has hit sectors such as defence, energy, automobile makers, aerospace manufacturers and […]
India will likely be the fourth-largest economy in the world in 2025, with a Gross Domestic Product (GDP) of USD 4.19 trillion by overtaking Japan. This is noteworthy and impressive as the Indian economy’s ranking moved just by two places from 12th to 10th in 2004-2014, but it improved sharply to 5th place in the […]
The RBI’s latest rate action is a strong signal of its intent to support growth in a cautious global environment. If executed well, this policy move could lay the foundation for a broader economic revival in the second half of FY26. The Reserve Bank of India’s (RBI) bold 50 bps repo rate cut on Friday […]
Green hydrogen, produced by electrolyzing water using renewable energy, has long been heralded as a clean energy panacea. Today, the global energy sector is transitioning from pilot projects to real-world applications, particularly in hard-to-abate sectors like heavy transport, aviation, and industry. As a result, green hydrogen has moved from a niche concept to a centrepiece […]
The convergence of escalating national debt, assertive trade policies, and a cautiously optimistic economic environment underscores the complexities facing the US economy. Policymakers and stakeholders must navigate these challenges to ensure sustainable growth and financial stability in the years ahead. The US economy stands at a crossroads, grappling with ballooning debt, policy ambiguity and a […]
After painstaking negotiations for over three years, India and the United Kingdom (UK) marked a major milestone in bilateral relations on May 6, when the two countries finalised a Free Trade Agreement (FTA). The deal, linking the fourth and sixth largest economies in the world, aims to strengthen strategic partnership and boost trade between the […]
It was not surprising when the International Monetary Fund (IMF) and the World Bank cut India’s growth projection by 30 basis points (bps) to 6.2 per cent and by 40 bps to 6.3 per cent for 2025-26, respectively, due to higher trade tensions and global uncertainty. Many research firms and rating agencies have recently also […]
The greenback’s near-nine-per-cent fall in 2025 so far can be attributed to multiple factors, including the US’ rising debt, fears of recession and actions of the central banks across the globe. But President Donald Trump’s disruptive streak with regular policy flip-flops has only accentuated the problem and has reduced the appeal of the world’s reserve […]
A new Centre-backed fund is being budgeted to foster a self-sustaining drone ecosystem for development, manufacturing, and adoption of Unmanned Aircraft Systems (UAS), including civilian anti-UAS systems. The new scheme, also known as the New Drone Fund unofficially, would offer incentives to boost drone part localization to 30 per cent of total value, aiming to reduce […]
After a tumultuous 2024, the FMCG industry hopes to gallop ahead in 2025, riding on rising disposable incomes, urbanization, digital penetration, and shifting consumer preferences. Inflation primarily contributed to last year’s slowdown. Interestingly, a McKinsey report predicts that India is projected to have the third-largest number of high-income households globally by 2030, just behind China and the United States. […]