Author: Nupur Rohila

India’s economy is projected to reach USD 20.7 trillion (PPP) by 2030, with the potential to become the world’s second-largest economy by 2038, hitting USD 34.2 trillion, according to a recent EY report. The study highlights that with effective policy measures, India can mitigate the adverse effects of higher US tariffs on select imports, keeping the drag on GDP growth to roughly 0.1 percentage point. EY’s August 2025 edition of Economy Watch emphasises that India ranks among the most dynamic of the top five global economies, supported by strong savings and investment rates, favourable demographics, and a sustainable fiscal outlook.…

Prime Minister Narendra Modi is entering a critical phase of foreign policy as he prepares to meet Chinese President Xi Jinping and Russian President Vladimir Putin at the Shanghai Cooperation Organisation (SCO) summit later this week. The visit comes just as Washington doubles tariffs on Indian exports, creating new strains in India-US trade relations. Starting August 27, the United States raised tariffs to 50% on key Indian exports, striking industries that employ millions of workers. Shrimp, apparel, leather, and gems & jewelry are among the hardest hit. These products account for a significant share of India’s $86 billion annual shipments…

Indian American golfer Akshay Bhatia continued his fine run at the Tour Championship, carding a 3-under 67 that built on his opening round of 66, bringing him to an impressive 7-under overall. His performance highlighted both precision and resilience, particularly during a strong middle stretch. Bhatia started steadily with seven consecutive pars before making his move on the seventh hole, where he sank an eight-foot putt for his first birdie. His momentum picked up on the back nine as he holed a brilliant 22-foot putt on the 11th, followed by back-to-back birdies on the 12th and 13th, each with 13-foot…

New Delhi witnessed an important diplomatic engagement on Monday as Prime Minister Narendra Modi welcomed Fijian Prime Minister Sitiveni Rabuka at Hyderabad House. The two leaders discussed ways to expand cooperation and deepen the long-standing relationship between India and Fiji. The Ministry of External Affairs (MEA), in a post on X, called Fiji an “important Global South and FIPIC partner” and noted that the talks reflected the mutual commitment to closer ties. Prime Minister Modi is also hosting a lunch in honor of his Fijian counterpart. This marks Rabuka’s first official visit to India in his current role. Arriving in…

India is proactively pursuing trade and investment agreements with several countries and economic blocs, even as negotiations with the United States face significant roadblocks. These strategic deals aim to help Indian exporters offset potential losses from US tariffs, both in the medium and long term. Recently, India finalized trade agreements with the UAE, Mauritius, Australia, the UK, and the European Free Trade Association (EFTA), which includes Iceland, Liechtenstein, Norway, and Switzerland. Progress is also being made in discussions with the European Union, New Zealand, Chile, Peru, the Eurasian Economic Union (EAEU), and Oman. India is simultaneously strengthening trade ties with…

 US President Donald Trump has intensified pressure on India over its continued purchases of Russian crude oil, imposing additional tariffs of 25%, bringing the total to 50% on Indian exports. By contrast, China, Russia’s largest energy customer, has largely avoided similar punitive measures despite importing record volumes of Russian oil. Analysts suggest this selective approach reflects broader US strategic and economic considerations. China imported 109 million tonnes of Russian oil last year, nearly 20% of its energy needs, while India purchased 88 million tonnes in 2024. Lawmakers in Washington are reportedly preparing the Sanctioning Russia Act of 2025, which would…

Indian and American defence officials convened in New Delhi on Tuesday to discuss key aspects of defence procurement and reaffirm their shared commitment to advancing the India-U.S. defence partnership. According to the Ministry of Defence, the discussions reflected the growing strategic importance of the bilateral relationship in security and military cooperation. The meeting was held between U.S. Deputy Assistant Secretary of Defence for South and Southeast Asia, Dr. Andrew Byers, and India’s Joint Secretary for Maritime and Systems Acquisition, Dinesh Kumar. In a statement shared on X, the Ministry of Defence noted that both sides addressed procurement-related matters and emphasized…

Russia has reaffirmed its commitment to supplying crude oil to India despite mounting pressure from Washington. Officials from the Russian embassy in New Delhi stated on Wednesday that Moscow hopes to soon revive trilateral discussions with India and China, aimed at deepening a “greater Eurasian partnership.” The announcement comes after U.S. President Donald Trump imposed an additional 25% tariff on Indian exports to America beginning August 27. The move is widely seen as retaliation for India’s decision to continue purchasing Russian crude, which now makes up 35% of India’s total oil imports, compared with just 0.2% before the Ukraine conflict.…

A fresh chapter is unfolding for Indian cricket as the team sets its sights on the upcoming World T20. As part of its preparation, the Board of Control for Cricket in India (BCCI) has announced a 15-member squad to compete in the Asia Cup, a tournament that doubles as a crucial warm-up for the global championship. While the Asian Cricket Council permitted teams to field 17 players, the BCCI preferred a leaner 15-man unit, signaling confidence in their selections. The team will be led by Suryakumar Yadav, with young batting sensation Shubman Gill appointed as his deputy. Gill’s elevation comes…

On August 15, 2025, Prime Minister Narendra Modi marked his 12th Independence Day address from the Red Fort with a sweeping roadmap for India’s transformation into a developed nation by 2047. Blending technological ambition, economic expansion, and structural reforms, Modi declared that Bharat would define its own path to global leadership. Among the headline announcements was India’s first domestically manufactured semiconductor chip, set to be released before the end of the year. Modi framed this milestone as the culmination of a decades-long pursuit, positioning India as a player in a high-stakes industry dominated by global giants. Energy independence formed another…