By Arun Srivastava Only six months back, Indians, especially the bourgeoning middle class endorsing the jibes of Narendra Modi against Rahul Gandhi, who preferred to address him “Pappu”, “Shehenshah” and a “part-time politician”, are now looking towards him with hope. Not only the common people and the politically conscious, but also the policy decision-makers and […]
By Sushil Kutty Prominent voices in Pakistan have realized that diplomatic engagement between India and Pakistan is a Pakistani pipedream. The multilateral Shanghai Cooperation Organisation summit to be held in Islamabad in October holds promise but Pakistanis know Prime Minister Narendra Modi is unbending. The setback to Modi in Lok Sabha elections 2024 hasn’t helped. […]
By Nantoo Banerjee At a time when one after another foreign firms are abandoning China in protest of repression, the Indian government is, instead of inviting these global firms to start operations in the country, freshly looking at foreign direct investments (FDIs) from China. India is believed to have decided to relax visa restrictions on […]
By Dr. Gyan Pathak “Indian economy needs to generate average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to the rising workforce,” said the Economic Survey 2023-24 tabled in the Parliament of India on July 22. Next day on July 23, the Union Budget 2024-25, announced several schemes for […]
By Arun Srivastava Prime Minister Narendra Modi lifting the 44-year-old ban on government employees from joining RSS and allowing them to actively participate in its programmes, might be construed as a tactical move to buy peace with RSS chief Mohan Bhagwat, but more than that, it is a move to legalise RSS interference in managing […]
By P. Sudhir The Indian economy is at a critical cross-road, where the GDP growth is in no way boosting the employment generation capacity. Even within the jobs created, 57.3 per cent are self-employed, 18.3 per cent are unpaid household workers and more than 45 per cent are employed in agriculture. The Production Linked Incentive […]
By Nantoo Banerjee The annual government budget is all about the expenditure and its direction. Income is generated generally through tax and non-tax revenues and borrowing to take care of the expenditure. Normally, the expenditure part comprises seven main aspects – the government’s own maintenance cost, defence, healthcare, social security, education, elderly care, and debt […]
By Dr. Gyan Pathak Taking lessons from the outcome of Lok Sabha Election 2024, Prime Minister Narendra Modi led government has made a clever move for the next generation of economic reforms in the Union Budget 2024-25, which forms the core of the budget though mentioned as the last of the nine priority areas it […]
By K Raveendran Finance Minister Nirmala Sitharaman stepped up to her budget rostrum in the Lok Sabha with a resolute demeanour, a symbolic gesture marking the unveiling of what many had anticipated as a transformative federal budget for the fiscal year 2024-25. Yet, what unfolded before the nation on July 23 was not a conventional […]
By Dr. Gyan Pathak Economic Survey 2023-24 does present a rosy picture of India’s growth story and recognizes the short-term prospect as good, but does not fail to flag several areas of concern that require clear forward-look vision for better prospect in the long term. It underscored the pressing needs for comprehensive reform in agriculture. […]
India’s decision to ease its rice export restrictions is set to benefit the Gulf Cooperation Council (GCC) countries significantly. With rice stocks at state warehouses surging to record levels, the Indian government aims to cut the floor price for basmati rice exports and replace the 20% export tax on parboiled rice with a fixed duty. This strategic move is driven by an unprecedented increase in rice inventories, […]
By Arun Kumar Shrivastav The student protest in Bangladesh over job quotas has taken a deadly turn, with more than 100 students reportedly killed by police and security forces. Despite the government’s suspension of the controversial job quota decision, there is no sign of the protests abating. Students from across the country continue to take […]
By Arun Kumar The Reserve Bank of India (RBI) decided to pay a record dividend of Rs 2.11 lakh crore to the Union government for 2023–24. Last year it paid Rs 87,416 crore. This is 0.64 percent of India’s Gross Domestic Product (GDP) and helps the Union government reduce its budgeted fiscal deficit of 5.1 […]
By Dr. Gyan Pathak India’s workforce greatly suffered in 2023-24 due to Centre’s neglect, as it is reflected in the recently released annual report data of the Union Ministry of Labour and Employment. Under the Social Security Schemes and Projects for Workers, Union Budget has provided Rs 12434.82 crore, which was decreased to Rs 11714.99 […]
By Subrata Majumder Narendra Modi’s visit to Russia on July 8 and 9, the first since Ukraine war, carries major significance. India’s shifting of oil dependence from OPEC to Russia opens a new chapter of economic relation between the two nations, after it was subdued with the breakdown of Soviet Union in 1991. Apart from […]
By Harihar Swarup Suddenly Rahul Gandhi is the flavour of season. If you look at the hard data, the BJP lost only 1.2% of the popular vote share, and the Congress gained 1.49 %. It is not as if whopping numbers swayed from one side to the other. The BJP still has 240 seats despite […]
By K Raveendran Come July 23, Finance Minister Nirmala Sitharaman will be presenting the first-year budget of Prime Minister Modi’s third term. Finding herself at a pivotal juncture, she is tasked with crafting a budget that appeases coalition partners, addresses public discontent, and sustains economic growth, and her role assumes unprecedented complexity as she navigates […]
By P. Sudhir Prime Minister Narendra Modi’s two-day visit to Moscow on July 9-10 saw the revival of the annual summit meetings between the leaders of India and Russia. The last summit had been held in 2021 when President Putin visited Delhi. The visit has resulted in further strengthening the strategic partnership between India and […]
By Nitya Chakraborty Only four days are left for the presentation of the first budget of the Narendra Modi 3.0 government on July 23. The fundamentals of the economy are currently strong, but the distress areas include the huge unemployment problem with the educated youth and the women feeling the intensity of the distress most. […]
By Krishna Jha In India today, the number of unemployed especially in the working age has gone up to more than forty crore out of the population of one billion. The demon of deprivation stares at every unit of families. With occasional employment, life is barely sustained. The ruling circle never gets tired of claiming […]
By Sushil Kutty The architect of the abrogation of Article 370 is MIA, say the detractors of Amit Shah, the No.2 in the Narendra Modi Cabinet. Four Indian Army soldiers were killed in a terror attack in Doda on July 16, including an officer, and the Modi-led NDA government heavyweight is not to be heard […]WazirX, one of India’s leading cryptocurrency exchanges, has reportedly been compromised in a significant security breach, potentially resulting in losses exceeding $230 million. According to Cyvers Alerts, a blockchain security firm, the attacker’s wallet, identified as “0x04b2,” is actively transferring the stolen assets. This development has raised serious concerns within the crypto community, prompting calls for enhanced security measures across the industry. The breach, which came to […]
By Dr. Gyan Pathak Approval by Prime Minister Narendra Modi for the revised composition of India’s official think tank, the National Institution for Transforming India (NITI) Aayog, on July 16, 2024, underscores beginning of a significant phase in the country’s future direction. It also underlines his political compulsions of leading a coalition government, as well […]
By K Raveendran If Aadhaar is a money matter, anything can be interpreted to mean anything else. This will be one of the key dilemmas that the seven-member constitutional bench will consider when it begins deliberations on the petitions against the use of money bill route by the Modi government to overcome legislative hurdles in […] 
