After Congress promised a minimum income guarantee of Rs 72,000/year to India's poorest, NITI Aayog vice-chairman Rajiv Kumar accused the party of “saying & doing anything to win elections”.
The telecom companies are unable to pay salaries, and a turnaround seems impossible. A bail-out for employees would be cheaper than what the govt pumps in.
Modi govt’s expansionary budget is bound to pose a challenge for RBI Governor Shaktikanta Das, who’s chairing his first Monetary Policy Committee meeting.
One analyst noted that Trump’s tariff on India signals a clear shift from Washington’s earlier view of New Delhi as a friendly partner to a strategic adversary.
India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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