A Fine Line Between Growth and Stability In a much-anticipated move, the Reserve Bank of India (RBI) kept the repo rate unchanged at 6.5% for the 11th consecutive time, emphasizing the importance of price stability amid high inflation and slowing economic growth. However, the unexpected decision to cut the Cash Reserve Ratio (CRR) by 50…
In a dramatic return to power, BJP leader Devendra Fadnavis was sworn in as Maharashtra’s Chief Minister for the third time, marking a new chapter in the state’s political history. The swearing-in ceremony, held in Mumbai on Thursday evening, was attended by Prime Minister Narendra Modi and other dignitaries, underscoring the significance of this political…
A Shocking Incident Amid Religious Penance The serene sanctity of the Golden Temple was disrupted by a shocking attack on Shiromani Akali Dal (SAD) chief Sukhbir Singh Badal. While fulfilling religious penance imposed by the Akal Takht, Badal narrowly escaped harm when a man, reportedly linked to a Khalistani group, attempted to shoot him. This…
A Global Phenomenon with Local Implications As the world grapples with declining fertility rates, India faces its own demographic challenges. In 2023, South Korea’s fertility rate dropped to a record low of 0.72, raising alarms about the socioeconomic consequences of population decline. While India’s fertility rate is currently higher, it is steadily declining, projected to…
The Stark Reality of India’s Roads With over 172,000 deaths recorded from 480,000 road accidents in 2023, India continues to grapple with an escalating road safety crisis. These startling statistics, presented by Union Minister Nitin Gadkari, underline the urgency of addressing the country’s road safety challenges. Despite ongoing efforts, fatalities have risen by 2.6% compared…
The Farmers’ Voice and Their Long Struggle India’s agricultural sector has long been the backbone of its economy, yet farmers frequently find themselves at odds with policies they believe undermine their livelihoods. Protests and demonstrations have become a common tool for expressing grievances, and the latest “Delhi Chalo” march is another chapter in this ongoing…
The Roots of the Khalistani Movement The Khalistani movement, which aims to carve out an independent Sikh state from India, has its roots in the tumultuous 1970s and 1980s. Sparked by political grievances and fueled by separatist sentiment, the movement reached a crescendo with Operation Blue Star in 1984, followed by the assassination of then…
Volkswagen’s Indian operations have been accused of evading $1.4 billion in import duties, marking one of the largest tax-related demands against a multinational in India. The allegations stem from claims that the German automaker misclassified imported car components to pay lower taxes, a practice the authorities deem “wilful evasion.” This controversy adds to Volkswagen’s mounting…
India’s economic trajectory continues to capture global attention as it maintains its status as the world’s fastest-growing major economy. With a 5.4% growth in the July-September quarter of 2024, the country has seen a slight deceleration from the previous quarter’s 6.7%. However, sustained growth and strategic initiatives are paving the way for India to overtake…
India, poised to become a significant player in the global electric vehicle (EV) industry, is revamping its EV policy to attract both domestic and international automakers. Initially designed to entice Tesla into local manufacturing, the policy has undergone significant changes after the U.S. automaker opted out of its plans earlier this year. The updated incentives,…
