Investment is what you do with your savings. Spending is what you do to maintain current lifestyle. Then, there is discretionary spending, including spending on experiences and material goods. Here, we see why discretionary spending on some material goods can be just as rewarding as spending on experiences. Experience vs. passion assets You can take…
As per WPI data, food articles saw a deflation of 3.75% in June, as against a deflation of 1.56% in May, with vegetables seeing a sharp drop. File. | Photo Credit: Reuters Inflation continued to cool in June 2025, with retail inflation coming in at a 77-month low of 2.1% and wholesale inflation registering a…
India is going through a rocky terrain as far as industrial production and corporate investment are concerned. On June 30, the Ministry of Statistics and Program Implementation (MoSPI) released the monthly growth rate of the Index of Industrial Production (IIP), which has slowed to a nine month low of 1.2%. This piece attempts to explain…
The Indian economy is expected to grow at 6.5% in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday (July 15, 2025). In an interview with PTI, Mr. Dev further said that domestic growth will be driven by…
India’s overall trade deficit contracted 9.4% in the first quarter of this financial year to $20.3 billion on the back of a nearly 11% growth in services exports during this period, according to official data. | Photo Credit: Getty Images/iStockphoto India’s overall trade deficit contracted 9.4% to $20.3 billion in the first quarter of this…
The committee, headed by senior BJP MP Baijayant Panda, is likely to submit the report in the upcoming Monsoon Session of Parliament. File | Photo Credit: PTI The Select Committee of Parliament that examines the Income Tax Bill-2025 is learnt to have finalised its report on Wednesday (July 16, 2025) with about 285 suggestions to…
Pakistan’s Prime Minister Shehbaz Sharif. File | Photo Credit: Reuters Pakistan recorded a current account surplus of $2.1 billion during the current fiscal year ending June 30, 2025, according to official data. Prime Minister Shehbaz Sharif hailed the development as a sign of an improving economy. The country faced a perennial issue of balance of…
The Free Trade Agreement between India and the four-nation European bloc EFTA will be implemented from October 1, Commerce and Industry Minister Piyush Goyal said on Saturday (July 19, 2025). The two sides signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024. Under the pact, India has received an investment commitment of…
Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…
Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June quarter of 2025-26, according to the Commerce Ministry data. The Netherlands and Germany are other major export destinations for the country’s electronic exports. During April-June…
