World Bank Group President Ajay Banga (Photo-AP) India should “think less” about tariffs and focus more on opportunities to expand trade, World Bank Group President Ajay Banga said on Thursday, as geopolitical tensions continue to cloud the global trade outlook.Interacting with media during a visit to the Central Tool Room and Training Centre (CTTC) in…
The rupee settled at its all-time closing low of 91.99 against the US dollar on Wednesday, weighed down by persistent foreign fund selling and risk-off sentiment in global markets, even as softer crude prices and a weaker dollar offered limited relief, PTI reported. At the interbank foreign exchange, the domestic unit opened at 91.95 and…
The intent around the proposed Pesticides Management Bill, 2025 marks a significant move as it aims to align India’s regulatory framework with contemporary realities. (AI image) By Susheel KumarIndian agriculture stands at an important inflection point. On the one hand, the country speaks with confidence of becoming a global food powerhouse, a trusted supplier to…
The US government is set to roll out “Trump Accounts”, a new tax-advantaged investment programme aimed at boosting long-term savings for children, with more than 500,000 families already signed up ahead of its launch this summer, according to a Reuters report.Under the scheme, the US Treasury will deposit $1,000 as seed money into investment accounts…
As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or…
Benchmark equity indices Sensex and Nifty ended higher on Thursday after recovering from sharp early losses, supported by buying in heavyweight Larsen & Toubro and optimism following the Economic Survey’s growth outlook for the next financial year.The 30-share BSE Sensex rose 221.69 points, or 0.27 per cent, to close at 82,566.37. The index had slipped…
Union Budget 2026 is being pitched around growth, skills and competitiveness, but school education still gets judged by access—more classrooms, more enrolment. Education leaders argue the real test now is outcomes. Shiv Nadar School CEO Arti Dawar says sustained investment in teacher development, modern pedagogy, industry exposure and equitable tech access is essential to turn…
India is set to remain the world’s fastest-growing major economy, with real GDP growth projected at 7.4% in FY26, even as the global environment remains fragile due to geopolitical tensions, trade fragmentation and financial vulnerabilities, the Economic Survey 2025–26 said on Wednesday.Tabled in Parliament by Union finance minister Nirmala Sitharaman, the survey said India’s macroeconomic…
The Indian rupee underperformed in 2025. (AI image) The Indian rupee was the worst performing Asian currency in 2025 and has started 2026 on a poor note, hitting a lifetime low of 92 versus the US dollar. What’s causing the slide, and is it reflective of any underlying issues? The Economic Survey 2025-2026 sheds light…
India’s ongoing trade talks with the United States may finally reach the finish line this year, the Economic Survey 2026 has suggested. The Economic Survey, presented in Parliament by finance minister Nirmala Sitharaman on Thursday, said the development would help in bringing down uncertainty on the external front.“At the same time, ongoing trade negotiations with…
