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GLOBAL REPERCUSSIONS
Growth engine revving as GST, auto sales rise despite global roadblocksIndia's economy shows robust growth in Q1 FY27, with GST collections soaring 13.9% to Rs 1.95 lakh crore in June. Car sales surged 24%, and...- The overcapacity narrative of the US: Why it does not apply to IndiaThe ‘overcapacity’ argument posits that certain countries produce far beyond their domestic absorption capacity, dumping the surplus on wor...
- ITR filing 2026: Foreign income and overseas assets? Avoid these 7 costly disclosure mistakesReturning Indians face new tax filing complexities. Foreign retirement accounts now necessitate the more detailed ITR-2, moving away from t...
- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- First tankers cross strait after Iran deal; Israeli strikes stir doubt in LebanonIn a groundbreaking agreement between the US and Iran, efforts are underway to resolve a conflict that has long disrupted global energy flo...
- UAE to unlock billions of dollars for Iran, sources sayUS-Iran war: The United Arab Emirates is set to release billions of dollars to Iran. This move follows weeks of Iranian attacks on the UAE....
- Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
- US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
- Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: ReportA prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, accor...
- 'The Boys' Season 5 episode 8 'Blood and Bone': Release time and what to expect from the series finaleThe wait is over for The Boys fans. Season 5 episode 8, "Blood and Bone," has arrived. It concludes seven years of storytelling. The finale...
- 'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisisIndia's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely ...
- DRDO flags rising global CBRN risks, warns of unstable geopolitical orderGlobal security faces growing challenges. DRDO scientist Upendra Kumar Singh stresses the need for stronger preparedness against chemical, ...
- Delhi-Kolkata direct flight: Bengal win gives Modi strategic room shrinking for other world leadersRecent assembly election victories have significantly strengthened Prime Minister Narendra Modi's strategic position. This success provides...
- India's retail car sales hit record in April, but Mideast crisis clouds outlookIndian car sales reached an all-time high in April. Passenger vehicle sales saw a significant jump. This growth was driven by rate cuts, ea...
- G7 trade ministers set to meet but not discuss latest US tariff threatG7 trade ministers gather in Paris to tackle critical minerals and small package trade issues. The ongoing Middle East conflict's economic ...
- India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
- Europe has 'maybe 6 weeks of jet fuel left', energy agency head warnsEurope faces a critical shortage of jet fuel, with only about six weeks of supply remaining, according to the IEA head. The ongoing Iran wa...
- In voyage to make US great again, is Trump disrupting the great American dream?Under Trump, U.S. policies on immigration, consumerism, science, environment, and free speech have shifted dramatically. Immigration restri...
- Opportunities for growth aplenty in India, elsewhere: Rich Lesser, Chairman, BCG GlobalWe've been on the optimistic side of the global economic recovery. Consumer balance sheets are strong. However, there are lingering concern...
- IMF warns of repercussions of Brexit all through global economyIMF' Gerry Rice said the Brexit was likely to cause a dampening of growth in the near term, and urged policy makers to act decisively while...
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