Former Niti Aayog CEO Amitabh Kant said India should view the US tariff hike as a wake-up call to implement bold and once-in-a-generation reforms while diversifying its export markets for long-term growth.Addressing the BN Memorial Lecture organised by IRS (C&IT) Association, Kant said, “This is India’s century, irrespective of Trump’s tariff, I strongly believe that…
The industry is already facing pressure following the introduction of Specialised Investment Funds (SIFs) from April this year. (AI image) The Portfolio Management Services (PMS) industry has approached market regulator SEBI to reduce the minimum investment threshold of ₹50 lakh to make this investment channel accessible to a wider base of investors. Sebi had increased…
President Vladimir Putin said on Friday that he sees “light at the end of the tunnel” in Russia-US relations, crediting President Donald Trump’s leadership for offering hope of a thaw after years of strain. Speaking during a visit to a nuclear research center, Putin said he believed Trump’s approach could help reverse the recent low…
The proposed revamp of the Goods and Services Tax (GST) into a two-tier structure with lower levies on household goods could lift consumption by Rs 1.98 lakh crore but also result in an estimated yearly revenue loss of Rs 85,000 crore, SBI Research said in a report released Tuesday.The Centre has put forward a ‘next-gen…
Mumbai Indians, Royal Challengers Bengaluru (RCB), and Lucknow SuperGiants (LSG) reported revenue declines in FY25, according to the Economic Times.Reliance Industries-owned Indiawin Sports, which operates Mumbai Indians, posted a profit of Rs 84 crore, down from Rs 109 crore in FY24. Revenue slipped to Rs 697 crore from Rs 737 crore.Diageo-owned RCB reported revenue of…
Attorney General Pam Bondi announced on Sunday that federal and DC law enforcement authorities arrested 68 people overnight in Washington DC, as part of a federal crackdown on crime ordered by President Trump. “Over 300 arrests in DC — and counting: Just last night, our federal and DC law enforcement partners made 68 arrests and…
Starmer said Ukraine’s military backers, the so-called Coalition of the Willing, had drawn up workable military plans in case of a ceasefire but were also ready to add pressure on Russia through sanctions. “For three and a bit years this conflict has been going, we haven’t got anywhere near… a viable way of bringing it…
Global merchandise trade is projected to grow 0.9% in 2025, helped by a surge in US imports ahead of sweeping tariff hikes, but the World Trade Organization (WTO) warned that the impact of higher duties will hit hard in 2026.In its latest forecast, the WTO revised next year’s trade growth estimate down to 1.8%, from…
NEW DELHI: Seven out of the top 10 highest-valued firms experienced a collective reduction of Rs 1.35 lakh crore in market value last week. The BSE benchmark decreased by 863.18 points, equivalent to 1.05 per cent.The collective market value reduction of Rs 1,35,349.93 crore affected TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys,…
Experts warn of research quality decline as JRF funding lags behind PhD demand. (AI Image) Over 1.28 lakh candidates qualified for PhD admissions in UGC NET 2025 exams, yet only 5,269 secured JRFSignalling a growing academic interest in doctoral research, over 1.28 lakh candidates qualified for PhD admissions in the recently declared UGC NET June…