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On Labour Day, we are  reminded that protecting labour rights is not just a moral obligation—it is a cornerstone of a resilient and sustainable economy. Labour rights and economic development are deeply intertwined. When workers are empowered, economies flourish. Ensuring fair wages, compassionate treatment, and safe working conditions uplifts individuals and strengthens the broader economic … Read more

Despite recent optimism from Washington and New Delhi, a full-fledged trade deal between India and the United States is unlikely to be concluded before US President Donald Trump’s expected visit later this year, according to Jayant Dasgupta, former Indian ambassador to the World Trade Organization (WTO). “These are the kinds of issues that cannot be … Read more

Private sector capex is likely to witness 25% lower growth in the current financial year 2026, as per a survey conducted by the Ministry of Statistics. The private sector intends to spend ₹4.88 lakh crore as capex in the financial year 2026 compared to ₹6.56 lakh crore in the previous fiscal, a decline of 25%, … Read more

The Reserve Bank of India’s plan to buy ₹1.25 lakh crore  ($14.66 billion) of bonds in May will likely lower the cost of overnight interbank funds, effectively acting as a rate cut, according to analysts. The debt purchases are likely to increase the liquidity in the banking system, helping transmit the two rate cuts announced … Read more

India is reportedly considering restricting the export of electronics and e-commerce goods to Pakistan, sources have told CNBC-TV18. The move comes against the backdrop of escalating tensions between the two countries, and amid strategic reassessments of bilateral trade and logistics. Sources say the Indian government is also preparing for a potential shutdown of the air … Read more

Several large Indian corporations, including leading players in e-commerce, banking, insurance, IT services, and healthcare, have approached the Central Board of Direct Taxes (CBDT) seeking relief from the cap on the revision of Tax Deducted at Source (TDS) returns, sources have told CNBC-TV18. In a policy change introduced in the Union Budget of July 2024, … Read more

Chinese officials reiterated their plan to strengthen support for employment and the economy, as a trade war with the Trump administration continues with no immediate off-ramp in sight. The government will “fully prepare contingency plans, and constantly improve the policy toolbox for stabilizing employment and the economy,” Zhao Chenxin, Vice Chairman of the National Development … Read more

India may be looking to emerge as the third-largest economy in the world in the next two or three years, but in terms of vehicle density, it ranks near 150th among nations. That is a very telling piece of statistic. What’s noteworthy here is that India ranks even lower than even Pakistan and Bangladesh on vehicle … Read more

President Donald Trump suggested another delay to his higher so-called “reciprocal” tariffs was unlikely, raising pressure on nations to negotiate trade deals with his administration. Second Pause Unlikely  Asked about the possibility of granting another 90-day pause, Trump cast that scenario as “unlikely,” while speaking to reporters aboard Air Force One on Friday. Trump also … Read more

India’s economy continues to hold up better than most countries despite mounting global pressures, according to Mitul Kotecha, Head of FX & EM Macro Strategy Asia at Barclays. Globally, there has been a noticeable shift away from US dollar assets. “From a longer-term perspective, we have been seeing a reduction in dollar assets. China, for … Read more