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Prime Minister Narendra Modi campaigning for Lok Sabha elections

Indian economy in the pink of health for the next govt. to breathe easy

Celebrations erupt in Tehran as Iran showered some 300 drone missiles on Israel (Courtesy:Tehran Times)

Flare-up in Iran-Israel conflict could lead to major oil price hike

Workers taking out a march in Guwahati, Assam, on Labour day

Idea of living wage as against minimum wage system could transform India

Sushma-Ramachandran

India deserves to be at the global high table of G7

Sushma Ramachandran India may be attending the Group of Seven (G7) summit meeting in Canada, but the delayed invitation has raised questions over whether this emerging economy deserves a place at the global high table. The fact that Canada’s Prime Minister Mark Carney called Prime Minister Narendra Modi to participate in the conference slightly later than expected has also sparked speculation that there was pressure from other member...

India becomes 4th largest economy, but reforms must continue

Sushma Ramachandran India is slowly but surely climbing up the ladder to rub shoulders with global economic superpowers. It has become the world’s fourth-largest economy, surpassing Japan, and is now behind only the U.S., China and Germany. The country’s new status was confirmed by Niti Aayog CEO BVR Subrahmanyam on the basis of data compiled by the International Monetary Fund (IMF). The only caveat is that per capita GDP s...

In India, Bakrid festival is on June 7

New Delhi The moon of Dhul-Hijjah (Zil-Hijjah), one of the holiest months in Islam, was sighted in Saudi Arabia on Tuesday evening, confirming the official dates of Hajj pilgrimage 2025 and Eid-al-Azha. The Supreme Court of Saudi Arabia announced that Dhul-Hijjah, the last month of the Hijri calendar, will begin on Wednesday, May 28. As per this announcement the festival of Eid al-Adha, also known as "Bakrid", will fal...

Pune's Kazi family helped Hindu couple solemnize wedding amid rain

Pune A sudden downpour in Pune brought two young couples - and their families - from different religions under one roof and tied them in a bond of love and humanity. The generous Kazi family helped Chetan Kawade's family from what could have been a wipeout of their only daughter Sanskriti's wedding ceremony due to rain. On the evening of May 20, the Kawades were ready to welcome Sanskriti's groom Narendra, and his famil...

Martyrs Col Manpreet, DySP Himayun Bhat, Niak Dilawar Khan awarded Kirti Chakra

New Delhi President Draupadi Murmu on Thursday awarded six Kirti Chakras, four of them posthumously, to the Army and Jammu and Kashmir Police personnel for displaying indomitable courage and extraordinary bravery during anti-terrorist operation in Kashmir and Manipur. Kirti Chakra is India's second highest peacetime gallantry award. Among the recipients were five personnel from the Army, anmd Deputy Suprintendent of Ja...

Resilient Indian economy can face a war-like scenario without setbacks

Sushma Ramachandran The economy has receded into the background recently as the country is preoccupied with dealing with the fallout of the brief but intense conflict with the western neighbour. The one issue that is grabbing headlines is Prime Minister Narendra Modi’s clear-cut assertion that trade and terror cannot go hand in hand. This followed comments by U.S. President Donald Trump regarding the ceasefire and his plan to ...

Chief Justice Khanna defers Waqf pleas for successor Justice Gavai

New Delhi The decision wether to admit a bunch a petitions challenging the constitutional validity of the Waqf (Amendment) Act, 2025, has been deferred to May 15, to let new Chief Justice Justice B R Gavai take a call. The Supreme Court on Monday said the batch of pleas challenging the Act will be heard by Justice B R Gavai on May 15. The incumbent CJI, Justice Sanjiv Khanna, who is set to retire on May 13, said that he would...

Gold is all that glitters amid geopolitical upheavals

Sushma Ramachandran The Akshaya Tritiya festival this year has been a dampener for the jewellery industry even though gold prices have shattered records in recent days. Consumers have not shown their usual enthusiasm in buying the yellow metal on this auspicious day, leading to a dip in sales. The reason has been the skyrocketing gold rates, peaking at Rs. one lakh per ten grams in April. Its price fell considerably to around Rs. 95000 dur...

Gold is all that glitters amid geopolitical upheavals

Sushma Ramachandran The Akshaya Tritiya festival this year has been a dampener for the jewellery industry even though gold prices have shattered records in recent days. Consumers have not shown their usual enthusiasm in buying the yellow metal on this auspicious day, leading to a dip in sales. The reason has been the skyrocketing gold rates, peaking at Rs. one lakh per ten grams in April. Its price fell considerably to around Rs. 95000 dur...

Sameer Siqqiqui proposes a Muslim-backed fund for terror victims, survivours

Malick Asghar Hashmi/ New Delhi As Muslims all over the country are protesting against the Pahalgam carnage by the Pakistan-backed terrorists killing 27 persons including a local ponywallah, Sameer Ahmed Siddiqui, a well-known IAS coaching Academy head has proposed thathe community should raise the "world's largest anti-terror fund" to deal with aftermath of the terrorist attacks. This fund, he said, would help the surviv...

India’s mega push for nuclear power will lead to decarbonised economy by 2070

Sushma Ramachandran Nuclear power finally looks set to become a significant part of India's energy mix. This comes after the Indo-U.S. civil nuclear deal yielded concrete results 16 years after it was signed in 2008. In March 2025, the U.S. Department of Energy cleared an American firm, Holtec International to design and build small modular nuclear reactors (SMRs) in India in collaboration with L&T, Tatas, and Holtec Asia. There ar...

With reforms, India could turn US-triggered tariff crisis into an opportunity

Sushma Ramachandran The uncertainty is finally over. Donald Trump’s threat of raising tariffs on nearly all U.S. trading partners has finally come true. In the process, the world’s biggest economy has managed to antagonise not just its enemies but its closest allies. It has also raised the specter of recession that could quickly become a contagion in the global arena. Besides, the unilateral imposition of tariffs is not jus...

India must pull up its socks to tap full potential of tourism

Sushma Ramachandran Prime Minister Narendra Modi recently proposed the idea of round-the-year tourism for hilly states like Uttarakhand. His comments came on the heels of officials saying that domestic tourism, especially to religious sites, can spur economic growth. Chief Economic Advisor Anantha Nageswaran says the Mahakumbh would push growth in the fourth quarter of 2024-25 to 7.6 percent. Tourism thus has tremendous potential to become...

IMEC got a revival with Modi's visits to France and USA

Sushma Ramachandran Trade and defence deals were the overarching themes of Prime Minister Narendra Modi’s discussions with leaders during his recent visit to the U.S. and France. However, one key issue that was on the table during these interactions and was probably overlooked by analysts in popular discourse while examining the ramifications of these high-level meetings is the resurgence of interest in the ambitious India-Midd...

India can deal with Trump's trade wars with new strategy

Sushma Ramachandran The world is facing the prospect of a full-blown trade war in the coming months. The first shots were fired by U.S. President Donald Trump with his decision to impose punitive tariffs on his neighbours, Canada, Mexico, and China. Yet there is a reprieve, as the 25 percent import duties on the neighbours have been suspended until action is taken to curb illegal immigration and drug smuggling. In the case of China, ho...

Budget 2025 is a hard exercise given turbulent global environs

Sushma Ramachandran The budget for the financial year 2026 is at a time when the economy is facing numerous challenges in the domestic and external arenas. Policymakers will thus have to tread carefully in providing a stimulus to growth in the coming year. The slowdown in the second quarter of FY 2025 had been disappointing but this is expected to be made up later in the year. As a result, growth is expected to reach around 6.5 percent. De...

Saudi to allow foreign investments in holy cities of Makkah, Madinah

New Delhi In a historic move, Saudi Arabia's Capital Market Authority (CMA) has allowed foreigners to invest in Saudi-listed real estate companies in Makkah and Madinah, the holy cities where the entry of non-Muslims was banned till a few years ago. The decision comes from Saudi Arabia's Vision 2030 for promoting economic diversification and the real estate sector. The CMA has announced that foreign investors can now inve...

South Asia Economic Union a far cry due to political differences

Sushma Ramachandran India and Sri Lanka ties are looking up since the newly anointed President Anura Dissanayake visited New Delhi. The tension that the relationship between the two countries went through has settled down. Dissanayake's visit may have also eliminated some worries as he had been viewed as pro-China and anti-India. As head of state, he now evidently seeks to project a more neutral image, especially in the backdrop of the...

India may be in a better position to deal with Trump's tariffs than other countries

Sushma Ramachandran As the world waits for Donald Trump to assume the presidency of the United States, there is considerable speculation over the new administration’s economic outlook. Going by the spate of comments on tariffs after the elections, a bigger change is expected on the trade front. The biggest global economy looks set to become more protectionist than ever before. India, like any other U.S. trading partner is bound t...

Good news for India - oil markets to remain bearish in 2025

Sushma Ramachandran Global fossil fuels were at the heart of the discussion on environmental issues at the COP 29 conference in Baku. But there may be little incentive to shift away from them towards renewables in the short run given the decline in crude oil prices over the past few months. This development is bound to be welcomed by emerging economies like India which are big importers. The fluctuations in oil marke...

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