“It was the best of times; it was the worst of times”, wrote Charles Dickens in A Tale of Two Cities. This sums up the state of affairs in India in the past decade or so. Of particular interest here is the income mobility of different segments of the population which reveals sharp upward and…
The new series of national accounts data to be released on Friday (February 27, 2026) will incorporate several methodological and statistical upgrades that will make India’s Gross Domestic Product (GDP) and Gross Value Added (GVA) data more accurate and granular, an analysis of the various changes being implemented shows. Over the last week, the Ministry…
In his 2026 State of the Union address, U.S. President Donald Trumpchose to double down on the politics of his conservative support base by touting his second administration’s achievements with regard to divisive, if not polarising issues relating to immigration, the cost of living, and foreign policy concerns including tariffs and the prospect of war…
The net profit of private non-financial companies increased 5.2% to ₹1.8 lakh crore in the third quarter of fiscal 2026, as against ₹1.65 lakh crore in the year ago period, according to data from the Reserve Bank of India (RBI) released on February 25, 2026. The improvement in profit after tax (PAT) came on top…
The rupee traded in a narrow range on February 24 and settled 6 paise lower at 90.95 against the U.S. dollar. File | Photo Credit: Reuters The rupee gained 6 paise to 90.89 against the U.S. dollar in early trade on Wednesday (February 25, 2026) aided by a weaker greenback and a strong opening in the…
Prime Minister Narendra Modi with U.S. President Trump, at Hyderabad House, in New Delhi, in 2020. | Photo Credit: PTI U.S. President Donald Trump has signed several trade agreements with countries such as Malaysia, Cambodia, Argentina, and Bangladesh. These agreements have been signed under the shadow of intimidating and illegal tariffs. The U.S. has also announced a trade…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Fresh U.S. tariffs on imported goods came into effect on Tuesday (February 24, 2026), as President Donald Trump moved to rebuild his trade agenda after the Supreme Court ruled against a swath of his global duties. The new tariffs, initially set at 10%, are…
From Sensex, the State Bank of India, Axis Bank, PowerGrid, Asian Paints, Kotak Mahindra Bank, and Tata Steel were among the gainers. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty slumped nearly 1% in early trade on Tuesday (February 24, 2026), dragged down by a sharp selloff in IT stocks amid rising…
As the AI Impact Summit drew to a close on Friday, it was clear that the government sought, if at least for a week, to make India the centre for all things AI in the world. The crowds showed up, with half-a-million attendees thronging the expo and crowding out all the session rooms. World leaders…
Image used for representation purposes. File | Photo Credit: Getty Images/iStockphoto India and France have amended the double taxation avoidance agreement which will provide for taxation of capital gains on the basis of residency of the company and deleted the Most-Favoured-Nation (MFN) clause bringing in certainty in taxation. The amending protocol also modifies the taxation…
