Fresh controversy has erupted in Washington after White House trade adviser Peter Navarro claimed that Americans are effectively paying for artificial intelligence (AI) services used in countries such as India and China. The remarks, made during a televised interaction with former Trump strategist Steve Bannon, have added fuel to an…
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Budget 2026: India’s Trade Policy Reset in Turbulent Times
New Delhi: As India approaches the Union Budget 2026, trade policy has emerged as a central economic challenge rather than a background consideration. Slowing global growth, renewed protectionism and disrupted supply chains have reshaped the rules of international commerce. For India, which remains deeply integrated with major global markets, trade…
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Sitharaman Chairs Finance Meet at Chintan Shivir 2025
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, along with Minister of State for Corporate Affairs, Shri Harsh Malhotra, chaired the Chintan Shivir of the Ministry of Finance and the Ministry of Corporate Affairs at Hampi in Vijayanagara district, Karnataka, on 20 December 2025. The event brought together…
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Union Cabinet Approves Terms of Reference for 8th Pay Commission
The Union Cabinet on Tuesday approved the Terms of Reference (ToR) for the 8th Central Pay Commission, setting the scope and deadline for the much-anticipated review of salaries, allowances and pensions of central government employees and pensioners. The Commission is expected to deliver its recommendations within 18 months of its…
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2025 Economics Nobel: Innovation Fuels Growth, Says Experts
The 2025 Nobel Prize in Economics has been awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr for their groundbreaking work on innovation-driven economic growth. Their research highlights how creative destruction, technological advancement, and institutional support drive long-term prosperity. Creative Destruction: Aghion and Howitt’s Contribution In a seminal 1992 paper,…
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Sridhar Vembu Urges India to Strengthen Tech Independence
New Delhi, October 13, 2025: Zoho Corporation’s founder and Chief Scientist, Sridhar Vembu, has urged India to invest heavily in critical technologies to secure its economic sovereignty and reduce dependence on foreign systems. Speaking to Moneycontrol, Vembu said decades of misguided advice from Western-trained economists left India vulnerable in an…