Union Minister of Commerce and Industry, Consumer Affairs and Food, and Public Distribution and Textiles, Piyush Goyal. File | Photo Credit: AP India does not enter into any trade agreement based on deadlines and will accept the proposed trade deal with the U.S. only when it is fully finalised, properly concluded and in the national…
The story so far: U.S. President Donald Trump signed into law the ‘One Big Beautiful Bill’ on U.S.’ Independence Day on July 4, 2025. This happened a day after the House of Representatives cleared the passage of the legislation proposing sweeping tax cuts, altering access to social security programs and doing away with provisioning incentives for…
Cooperative societies have a long history spanning more than a century in India. The concept of collaboration and cooperative activity was widespread throughout our nation even before legislation established cooperative organisations. It existed in the form of building assets like community tanks as well as community-managed forests in villages. Different regions had varied forms of…
Representative image | Photo Credit: Getty Images/iStockphoto Foreign investors put in ₹14,590 crore in the country’s equity market in June, marking the third straight month of investment, supported by improving global liquidity conditions, easing geopolitical tensions, and a rate cut by the Reserve Bank of India. However, foreign portfolio investors (FPIs) turned net sellers in…
Representative image | Photo Credit: Getty Images/istockphoto No country that has a poverty rate of 28.1%, as India did in 2022 according to the World Bank, can make a “justifiable” claim to being one of the most equal societies in the world, the Congress said in a statement on Sunday (July 6, 2025). It urged…
Foreign institutional investors offloaded equities worth ₹760.11 crore on a net basis on (July 4, 2025, according to exchange data. File | Photo Credit: Reuters The rupee fell sharply by 47 paise to close at 85.87 (provisional) against the U.S. dollar on Monday (July 7, 2025) amid rising global crude oil prices and a strong American…
U.S. President Donald Trump on Monday (July 7, 2025) set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on August 1. Mr. Trump provided notice by posting letters on Truth Social that were…
Benchmark BSE Sensex closed higher by 270 points on Tuesday (July 8, 2025), helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. After moving in a narrow range for most of the session, the 30-share barometer rose by 270.01 points or 0.32% to close…
Micro, Small and Medium Enterprises (MSMEs) have become instrumental in shaping India’s generating employment, creating revenue, and in global outreach. In 2024, MSMEs contributed nearly 30% to the GDP. The aim is to raise this to 35% in the current year. This vast sector also provides opportunities for many women-led enterprises. The government has implemented…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Net foreign direct investment (FDI) inflows stood at $35 million in May 2025, 98% lower than the $2.2 billion seen in May 2024 and 99% lower than the $3.9 billion in April 2025, according to new data released by the Reserve Bank of India on…
