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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 & […]

Adani Power and Druk Green Power to set up a 570MW hydro power project in Bhutan

New Delhi / Ahmedabad, September 06, 2025: Adani Power, India’s largest private power producer, and Druk Green Power Corp. Ltd. (DGPC), Bhutan’s state-owned generation utility, today signed the Shareholders Agreement (SHA) for setting up a 570 MW Wangchhu hydroelectric project in the Himalayan Kingdom of Bhutan. An in-principle understanding on the Power Purchase Agreement (PPA) […]

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 […]
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