Author: Team Admin

New Delhi: A groundbreaking report released yesterday by Angel One and Iconic Asset paints a picture of India as the future epicenter of global consumption. The study projects a doubling of India’s consumption by 2034, potentially catapulting the nation to the forefront of the world’s consumer markets. At present, consumption accounts for a substantial 56% of India’s GDP, exhibiting the fastest growth rate worldwide. This trajectory is primarily fueled by the proliferation of nuclear families, with household growth outpacing population expansion and triggering a surge in consumer spending. The report highlights India’s impressive savings potential as a key factor in…

Mumbai: As the world grapples with shifting global landscapes and evolving energy needs, India, the fifth-largest economy, is charting a course to secure its future through diverse energy partnerships. External Affairs Minister S Jaishankar has underscored the necessity for India to develop a broad and diverse set of energy relationships, highlighting the country’s strategic diplomatic engagements in a rapidly changing geopolitical environment. Jaishankar’s remarks also emphasized the importance of adapting to new global trends, including the push for “reglobalization,” which aims to create a fairer, more democratic global economy. This approach encourages India to seize opportunities from the current reordering…

Amravati: In a stark critique of Indian politics, Union Minister Nitin Gadkari has pointed out a stark reality—while the common populace is generally not driven by casteist sentiments, political leaders often exploit these divisions for personal gain. This assertion by Gadkari casts a spotlight on the broader issue of how backwardness is becoming a tool in political strategizing, with politicians vying to prove who is more disadvantaged. This trend not only highlights the pervasive influence of social inequality but also underscores the urgent need for change from within. The mainstay of Gadkari’s argument is that people are inherently not casteist;…

Maharashtra: In the backdrop of growing tensions over the contentious issue of Mughal emperor Aurangzeb’s tomb, Maharashtra’s Chhatrapati Sambhajinagar has been placed under high alert. The city is bracing for potential agitations and maintaining peace during upcoming festivals. This comes as prohibitory orders have been issued, highlighting the deep-seated societal tensions tied to historical legacies in India. In a move to ensure law and order, Police Commissioner Pravin Pawar has implemented prohibitory orders effective from March 25 to April 8. This decision was prompted by the fervent demands from right-wing organizations to remove Aurangzeb’s tomb, located at Khultabad in Chhatrapati…

New Delhi: As the world enters a new era of global trade dynamics, India is poised to play a pivotal role, contributing significantly to global economic shifts. Over the next five years, India is expected to drive approximately 6% of the world’s trade growth, positioning itself as a major force after China and the United States. This rise is part of a broader trend where emerging economies like Vietnam, Indonesia, and the Philippines are also leading trade expansion. India’s ascent in global trade is remarkable, given its ranking as the 13th largest trading nation in 2024. However, its trade volume…

New Delhi: As India grapples with a substantial trade deficit with China, amounting to a staggering $85 billion in the fiscal year 2023-24, the nation has taken a significant step to safeguard its domestic industries. India has imposed anti-dumping duties on five Chinese products, namely vacuum flasks, aluminum foil, Soft Ferrite Cores, Trichloro Isocyanuric Acid, and Poly Vinyl Chloride Paste Resin. This move is part of a broader strategy to ensure fair trade practices and protect Indian manufacturers from the impact of cheap imports. At the heart of this decision is the identification of these products being exported from China…

New Delhi: In a momentous gesture, South Africa has donated a collection of precious artefacts and documents related to Mahatma Gandhi to India, highlighting the enduring cultural and historical ties between the two nations. This significant donation, witnessed by External Affairs Minister S Jaishankar, underscores Gandhi’s profound impact on global peace and freedom movements. Gandhi’s legacy continues to inspire generations, and this donation serves as a testament to his enduring influence. The artefacts include clothing handspun by Gandhi himself, as well as key documents from the Phoenix Settlement in South Africa. This settlement, established by Gandhi in 1904, played a…