Author: Nupur Rohila

India’s economic growth for the financial year 2025–26 is expected to be in the range of 6.4% to 6.7%, accordingto the Confederation of Indian Industry (CII). CII’s newly appointed President, Rajiv Memani, shared this outlook during his inaugural press briefing, noting that a mix of monetary easing and strong domestic demand will act as primary growth engines over the next fiscal. Memani highlighted several tailwinds contributing to the forecast. A favorable monsoon prediction and a recent injection of liquidity into the financial system by the Reserve Bank of India (RBI) are seen as key enablers. Specifically, the RBI’s decision to…

External Affairs Minister S. Jaishankar, during his official visit to the United States, held high-level talks with multiple top-ranking US officials to strengthen bilateral ties. The visit comes at the invitation of US Secretary of State Marco Rubio, with engagements spanning security, energy, and international cooperation. In a notable meeting with FBI Director Kash Patel in Washington DC, Jaishankar emphasized the growing collaboration between the two countries in tackling organized crime, drug trafficking, and terrorism. He expressed his appreciation for the deepening partnership via a post on X, stating, “Appreciate our strong cooperation in countering organized crime, drug trafficking and…

India’s logistics costs have significantly reduced, now accounting for only 7.8–8.9 per cent of GDP, compared to previous estimates of 13–14 per cent, according to a report released on Thursday by the National Council of Applied Economic Research (NCAER). The decline reflects the growing success of the PM Gati Shakti National Master Plan, the government’s flagship infrastructure coordination programme aimed at improving efficiency across all modes of connectivity. The report, titled Gati Se Pragati, marks a major milestone in India’s drive toward reducing logistical inefficiencies that have historically hampered competitiveness and economic growth. Although India’s logistics costs remain higher than…

Quad Foreign Ministers Reaffirm Commitment to ‘Free and Open’ Indo-Pacific The foreign ministers of the Quad nations—India, the United States,Australia, and Japan—have reiterated their shared commitment to a free, open, and inclusive Indo-Pacific region, emphasizing the need for peace, maritime security, and respect for international law. In a joint statement issued after their meeting in Washington on Tuesday (US time), the ministers firmly opposed any unilateral attempts to change the status quo through force or coercion, calling for adherence to the rule of law, sovereignty, and territorial integrity. “As four leading maritime nations in the Indo-Pacific, we are united…

 India’s Goods and Services Tax (GST) collections have soared to a historic high of $257 billion in the fiscal year 2024–25 (FY25), reflecting a year-on-year increase of 9.4%, as per the government’s official data released on June 30. This surge in tax revenue marks a significant milestone in India’s tax reform journey and indicates a robust and growing formal economy. The average monthly GST revenue during the year stood at an impressive $21.44 billion. What’s more remarkable is the doubling of GST collections in just five years—from $132.5 billion in FY21, when monthly collections averaged around $11.07 billion. As of…

India’s space story reached a historic milestone as Group Captain Shubhanshu Shukla became the first Indian to board the International Space Station (ISS). In a live interaction with Prime Minister Narendra Modi, the 39-year-old astronaut reflected on the enormity of the moment and shared that India looks “bigger and grander from space than on the map.” Shukla, the mission pilot of Axiom-4, is only the second Indian to enter space after Rakesh Sharma’s mission in1984. Launched aboard a SpaceX Dragon spacecraft from NASA’s Kennedy Space Center, the team completed a 28-hour journey before successfully docking with the ISS. Alongside Shukla…

At the NATO Summit 2025 in The Hague, US President Donald Trump asserted that his most significant diplomatic accomplishment was preventing a potential nuclear clash between India and Pakistan—not through military force, but by applying trade pressure. Speaking at a press briefing, Trump claimed that the US had stepped in during what he described as a “very nasty” situation and used economic leverage to de-escalate rising tensions between the two nuclear-armed nations. “I think the deal I’m most proud of is stopping a potential nuclear war between India and Pakistan—through trade, not bullets,” Trump said, adding that both countries were…

India’s Strategic Partnership with G7 to Boost World Trade: Study India’s deepening strategic partnership with the G7 countries is set to significantly enhance global trade and economic growth, according to a study released by the PHD Chamber of Commerce and Industry. The collaboration spans clean and renewable energy, climate finance, Digital Public Infrastructure (DPI), supply chain resilience, and the healthcare and pharmaceutical sectors. The study emphasizes the strategic importance of maritime and Indo-Pacific security in strengthening India’s relationship with G7 economies. India’s merchandise trade with G7 nations grew by 61%, rising from $154 billion in FY 2020–21 to $248 billion…

A preliminary report from the US Defense Intelligence Agency (DIA) has revealed that the June 21 airstrikes on Iran’s nuclear facilities have caused only a short-term disruption to Tehran’s nuclear ambitions. Contrary to what President Donald Trump, Vice President JD Vance, and Defense Secretary Pete Hegseth have publicly claimed, the strikes have not obliterated Iran’s nuclear capabilities. Sources close to the intelligence findings told Reuters the delay may be limited to just a couple of months, with Iran’s stockpiles of enriched uranium remaining largely untouched. The assessment comes after the US executed Operation Midnight Hammer, a large-scale military mission involving…

Dr. Sai Yendamuri, a prominent name in surgical oncology, has been elected to the American Surgical Association (ASA) — the oldest and most respected body of its kind in the United States. This honor marks a major milestone in Dr. Yendamuri’s distinguished career and reflects his commitment to pushing the boundaries of modern surgical care. Currently serving as the Chief Strategy Officer and Chair of Thoracic Surgery at Roswell Park Comprehensive Cancer Center in Buffalo, New York, Dr. Yendamuri also directs the Thoracic Surgery Laboratory. He holds a faculty position as Professor of Surgery at the Jacobs School of Medicine…