Economy

"India doesn't lack money. Indians don't lack money. What we lack is the vision to invest in the future," he asserts.

Updated : Apr 27, 2025

'A 40% IPL tax could build 10 IITs': Bengaluru professor questions India’s vision priorities

In IPL 2023 alone, BCCI reported a ₹5,120 crore surplus, with revenues touching ₹11,770 crore, mainly powered by media rights. With projected revenues for 2024 and 2025 reaching ₹12,000–₹13,500 crore annually, the scale is only growing.

IMF has cut its global growth forecast to 2.8% for 2025, warning of deeper slowdowns if trade wars escalate.

Updated : Apr 27, 2025

'In a month or so, Americans will feel what sanctions are like,' warns Shankar Sharma

Trump’s aggressive tariffs and attempts to reshape global trade are rattling investors and global markets.

Quoting former Google CEO Eric Schmidt, Mukherjea noted that in five years, coders might no longer be needed.

Updated : Apr 26, 2025

'Not enough realization': Saurabh Mukherjea flags Indian middle class' complacency amid AI wave

Mukherjea noted that while 22-23 year-olds are understandably job hunting, he is concerned that professionals in their 30s and 40s — those already deep into their careers — are not planning financially for a future where job security will rapidly erode.

Updated : Apr 24, 2025

World Bank: India’s extreme poverty drops to 2.3%, employment growth outpaces working-age population

The World Bank report highlighted that 171 million people have been lifted out of extreme poverty, and 378 million have moved above the broader poverty line during this period.

As per the report, India’s strengths lie in its AI adoption among large enterprises

Updated : Apr 24, 2025

IMF's Krishna Srinivasan: India must boost private investment to meet its Viksit Bharat 2047 goal

As per IMF's regional economic outlook for Asia-Pacific, the broader region of Asia Pacific is facing headwinds with growth expected to slow to 3.9% in 2025 and 4% in 2026.

Updated : Apr 24, 2025

Veteran civil servant Jitendra Srivastava appointed CMD of REC

Jitendra Srivastava is a seasoned civil servant with over two decades of service. He has held several key administrative and leadership roles across the Government of India as well as Bihar government.

Sunil Bharti Mittal among the new members of World Bank's initiative

Updated : Apr 24, 2025

Sunil Bharti Mittal among new members in World Bank’s investment lab initiative

The Lab brought leaders over the last 18 months to identify the most pressing barriers to private sector investment in developing countries and to test actionable solutions.

Under DBT, beneficiary outreach grew 16-fold, from 11 crore in 2013 to 176 crore in 2024, without a proportional rise in spending.

Updated : Apr 23, 2025

DBT system delivers big: Rs 3.48 lakh crore saved, subsidy share falls to 9%

Before DBT, welfare schemes often suffered from misidentification of beneficiaries, ghost entries, and corruption by intermediaries. Between 2009 and 2024, this mechanism is estimated to have saved Rs 3.48 lakh crore by curbing such leakages.

However, it’s not all open road ahead. Other levies like GST and the AIDC cess will still apply, potentially muting the final price drop.

Updated : Apr 23, 2025

'Time to buy a Harley!': India mulling zero tariff on high-end bikes as trade sweetener in US talks

Harley-Davidson, which exited direct operations in India in 2020 and now sells through Hero MotoCorp, could use this opportunity to make a strong comeback.

“If you earn between ₹5 lakh and ₹1 crore in India, you should proudly call yourself part of the middle class,” Mukherjea said.

Updated : Apr 23, 2025

‘Middle class is stuck’: Saurabh Mukherjea warns of lost decade for ₹5 lakh to ₹1 cr earners in India

Entry-level IT jobs that once offered ₹2-3 lakh annually—critical stepping stones for the Indian middle class—are disappearing as robots and automation take over. “Any repetitive job is under threat. Coding is just the first of many white-collar roles that AI will disrupt,” Mukherjea warned.

India has exhibited notable economic growth in recent years, yet external factors such as international trade tariffs pose significant impacts on its economic planning.

Updated : Apr 22, 2025

India’s growth outlook trimmed to 6.2% for FY26 as IMF flags global risks due to US tariff flipflop

The revised growth estimate suggests a more subdued economic environment, influenced by tariff-related unpredictability.

Heatwave conditions likely over Central India and plains of Northwest India till 28

Updated : Apr 22, 2025

'Allow slower work pace, flexible schedules': Labour ministry writes to states to safeguard workers against heatwave

Suggests measures including rescheduling of working hours, ensuring adequate drinking water facilities, ventilation and cooling of workplaces, rest areas

The central bank's analysis suggested that the US's protectionist measures could lead to a reduction in demand for Indian goods in US markets.

Updated : Apr 22, 2025

'Impact of relative tariffs, elasticities of our export...': RBI on effect of US tariff hikes

The RBI stated that the US tariff hikes as a challenge for India's export market, potentially affecting domestic demand.

He proposes a possibility where the US might also sell part of its bitcoin holdings to control the BTC/gold ratio

Updated : Apr 22, 2025

'What if US revalues all the gold?': Rivigo founder warns of trillion-dollar war with China

At the heart of the worry are the 10- and 30-year US bond yields—"screaming high," according to Garg. He warns this could spark a mortgage rate crisis comparable to India’s.

The PM Internship Scheme was announced as part of the five employment linked schemes in the Union Budget 2024-25 to provide formal sector jobs to India’s huge youth workforce.

Updated : Apr 22, 2025

PM Internship Scheme: Centre sounds out industry to scale up scheme

Discussions held with industry bodies to discuss how to widen scheme, have adequate internship opportunities

Vietnam’s lawmakers will meet through May and June to pass enabling legislation, even if it means “working overnight.”

Updated : Apr 22, 2025

India’s real rival isn’t China, warns a VC firm founder as Vietnam rewrites its growth playbook

Vietnam will reduce its 63 provinces and cities to 34 by September, eliminate inefficient districts, and lay off over one-fifth of civil servants within five years.

Amazon and Walmart-owned Flipkart are vying for a level playing field against Indian competitors like Mukesh Ambani's Reliance group, the largest retailer in India

Updated : Apr 22, 2025

US pressures India to open $125-billion ecommerce market to Amazon, Walmart: Report

American ecommerce giants are lobbying to remove existing restrictions that limit their operations to only serving as online marketplaces

PM Modi hosts US Vice President in New Delhi

Updated : Apr 21, 2025

PM Modi meets US Vice President Vance, hails 'fruitful' talks and trade progress

Prime Minister Modi and Vice President Vance acknowledged ongoing collaboration in key strategic sectors, including energy, defence, and cutting-edge technologies.

Chief Economic Advisor V Anantha Nageswaran

Updated : Apr 21, 2025

India must create 8 million jobs a year to meet 2047 goal: CEA Nageswaran

The external environment is not going to be so benign for the next 10-20 years as one might have had in the last 30 years, starting from 1990 or so, says CEA

That shift in thinking, Vembu believes, also changes how citizens respond to the system.

Updated : Apr 21, 2025

'We Indians have had it far easier': Sridhar Vembu urges India to match China’s will to rise

For India to truly develop, he argued, its people must believe they are at the beginning of a civilisational revival—not just another GDP expansion cycle, he wrote.

Updated : Apr 20, 2025

'Worried about something worse than 2008 recession': Billionaire Dalio warns of potential US financial crisis

Billionaire Ray Dalio warns that the US economy faces the risk of a crisis potentially more severe than 2008 due to trade tariffs and economic instability.

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Economy

'A 40% IPL tax could build 10 IITs': Bengaluru professor questions India’s vision priorities

'In a month or so, Americans will feel what sanctions are like,' warns Shankar Sharma

'Not enough realization': Saurabh Mukherjea flags Indian middle class' complacency amid AI wave

World Bank: India’s extreme poverty drops to 2.3%, employment growth outpaces working-age population

IMF's Krishna Srinivasan: India must boost private investment to meet its Viksit Bharat 2047 goal

Veteran civil servant Jitendra Srivastava appointed CMD of REC

Sunil Bharti Mittal among new members in World Bank’s investment lab initiative

DBT system delivers big: Rs 3.48 lakh crore saved, subsidy share falls to 9%

'Time to buy a Harley!': India mulling zero tariff on high-end bikes as trade sweetener in US talks

‘Middle class is stuck’: Saurabh Mukherjea warns of lost decade for ₹5 lakh to ₹1 cr earners in India

India’s growth outlook trimmed to 6.2% for FY26 as IMF flags global risks due to US tariff flipflop

'Allow slower work pace, flexible schedules': Labour ministry writes to states to safeguard workers against heatwave

'Impact of relative tariffs, elasticities of our export...': RBI on effect of US tariff hikes

'What if US revalues all the gold?': Rivigo founder warns of trillion-dollar war with China

PM Internship Scheme: Centre sounds out industry to scale up scheme

India’s real rival isn’t China, warns a VC firm founder as Vietnam rewrites its growth playbook

US pressures India to open $125-billion ecommerce market to Amazon, Walmart: Report

PM Modi meets US Vice President Vance, hails 'fruitful' talks and trade progress

India must create 8 million jobs a year to meet 2047 goal: CEA Nageswaran

'We Indians have had it far easier': Sridhar Vembu urges India to match China’s will to rise

'Worried about something worse than 2008 recession': Billionaire Dalio warns of potential US financial crisis

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