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Trump’s tariffs: If continued, India’s GDP may shrink by 0.5%, says the CEA

Virendra Pandit   New Delhi: If prolonged, US President Donald Trump’s 50 percent tariffs, which became effective on August 27, may shrink India’s GDP by 0.5 percent in the current financial year (2025-26), according to Dr. V. Anantha Nageswaran, Chief Economic Advisor to the government. “I hope the additional penal tariff is a short-lived phenomenon,” […]

Bonanza: With GST rate-cuts, Mahindra, Tata, and Renault to pass on benefits to customers

Virendra Pandit   New Delhi: Ahead of the festive season, leading four-wheeler manufacturers have announced a reduction in prices and pass on the benefits to customers following the Union Government’s “rationalization” of Goods and Services Tax (GST) and rate cuts in various sectors, including the automobile sector. According to media reports on Saturday, Mahindra & […]

Roving Periscope: Trump hosts “high IQ” tech titans, tries to drive a wedge between foes

Virendra Pandit   New Delhi: To save his face and credibility overseas and dull mounting criticism at home because of his unpredictable ‘policies,’ US President Donald Trump on Friday said India and Russia appear “lost” to the “deepest, darkest China.” Also, trying to humour the USA’s high technology companies, and potentially to weaponize their products […]

Indonesia: As President flew to China, angry women protest against profligacy

Virendra Pandit   New Delhi: Furious at their lawmakers’ profligacy and alleged police brutality, angry women brandishing brooms and holding placards took out a protest rally outside Parliament in Jakarta in the Muslim-majority Indonesia on Wednesday, demanding reform, while their President flew to China to attend a military parade. Hundreds of women, dressed in pink, […]
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