Pages

Categories

Economy

Modi Ahead of Nehru on Public Sector Units: Why a Johns Hopkins Professor Has Issued a Stark Warning

by

New Delhi:Johns Hopkins University professor Devesh Kapoor has raised serious concerns over India’s continued reliance on public sector undertakings (PSUs), warning that loss-making government enterprises are imposing a heavy and persistent cost on the economy. In his new book, “A Sixth of Humanity: Independent India’s Development Odyssey,” co-authored with economist Arvind Subramanian, Kapoor argues that … Read more

Tax Turbulence: GST Revenues Show Weak Growth in First Full Month of GST 2.0 Rollout

by

India’s Goods and Services Tax (GST) revenues experienced a noticeable slowdown in November, the first full month after the implementation of the rationalised GST 2.0 rate structure, signalling possible short-term turbulence for the indirect taxes regime. According to official data, net GST revenues grew only 1.3% year-on-year to ₹1.52 trillion, reflecting a sharp sequential moderation … Read more

Takaichi, Trump vow to bolster Japan-US alliance, eye ‘new golden era’ of cooperation

by

Tokyo | Japan’s newly sworn-in Prime Minister Sanae Takaichi and U.S. President Donald Trump on Tuesday pledged to usher in a “new golden era” of the Japan-U.S. alliance, vowing to strengthen defense deterrence and deepen economic ties during their first summit in Tokyo. Takaichi, Japan’s first female prime minister, declared that she was “convinced” she … Read more

Cabinet clears 8th Pay Commission; Justice Ranjana Prakash Desai named chairperson

by

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the formation of the 8th Central Pay Commission (CPC) and appointed Justice Ranjana Prakash Desai, former Supreme Court judge and current chairperson of the Press Council of India, as its head. Unlike previous commissions, which had two full-time members, the 8th … Read more