Global News for You – Top News – Current News
Over the past two decades, India has often been celebrated as a global success story in financial inclusion. Millions of women, largely from rural and low-income communities; have gained access to formal credit for the first time through microfinance, small finance banks, and digital lending apps. Access to finance has undoubtedly helped many women start…
In line with market expectations, the MPC unanimously kept the repo rate at 5.5 percent and maintained its neutral stance. The transmission of the 100-basis-point front-loaded rate cut in the current interest rate cycle remains a ‘Work in progress’. Additionally, the CRR cut from 4 percent to 3 percent has not yet been fully effective,…
Transfer of funds through cheques has been a long-standing practice worldwide. Efficient clearance of interbank cheques is crucial for a quicker payment and settlement system. It cuts costs and enables optimisation of the use of transitory funds. Before exploring the gradual improvement in the check collection system driven by interoperable technology, it’s interesting to reflect…
The moment of inflection On September 6, 2025, the high-level committee chaired by Rajiv Gauba, NITI Aayog member and former Cabinet Secretary, convenes with a singular mandate: dismantle the bottlenecks that stand between India and its destiny as a developed nation by 2047. This is no routine administrative review. It is a structural turning point…
It’s a relief to find GOI has turned to boosting domestic consumption with a cut in GST, atop the income tax cut in budget. This should help safeguard growth from global uncertainties. In any case, India’s growth is seen as being constrained by demand rather than supply as a result of the multiple shocks of…
At a time of shifting geopolitical lines few relationships will be more important than that between the United States and India. It’s a relationship at scale, rooted in shared (if imperfectly implemented) political values, supported by robust market economies, and marked by mutual strengths in technology and innovation. That doesn’t mean the alignment’s perfect. There…
A renewal of New Delhi’s engagement with Beijing demands both political caution and deft handling of commercial deals, with foreign policy’s focus squarely on 8% GDP growth in the long-term. Modi will be in China after seven years for the summit level Shanghai Cooperation Organisation (SCO) meeting in Tianjin. His last two visits were both…
GST 2.0 is expected to be a Diwali bonanza for the common man. Two neat slabs of 5% and 18% promise cheaper goods, fewer disputes, and a Rs 2 lakh crore consumption boost. But the gloss fades once you dig deeper. The proposal to add a 40% slab for sin and luxury goods is not…
At 1.14 am, a young woman in Noida toggles between Kannada and English to reassure a broadband customer in Ohio. At the same moment, a swarm of scooters crisscrosses Chennai’s sleeping streets delivering biryani and parcels, while in Jaipur a milkman has already been pedalling for hours. Out on a foggy highway, a lone trucker…
If Donald Trump had a motto specifically for his tariff strategy, it could just be: “Deadlines are made to be moved.” This “my way or the tariff way” negotiation strategy of Trump, often directed by his mood swings, is keeping the nations and their economies guessing and giving their stock markets a whiplash. Across the…
