NEW DELHI: India’s trade story is experiencing an interesting twist. While merchandise exports are flagging in the face of inclement global conditions, services exports are proving to be resilient—in fact they are growing very impressively. The latest trade data released by the Commerce Ministry last week shows that cumulatively services exports for the month ended […]Read More
NEW DELHI: A recent survey by the US-based Pew Research Center, revealed that 97 percent Indians believe in God. And that nearly two out of three pray daily. Now, this deep-rooted devotion is combining with technology, spawning spiritual entrepreneurs. An app, Sri Mandir, has been downloaded 10 million times. There are scores of others, seeking […]Read More
NEW DELHI: Last week the Central Statistics Office (CSO) released the gross domestic product (GDP) data for the quarter ended December 2022 as well as the second advance estimates for 2022-23.While newspaper headlines claimed that growth had slowed in Q3, experts and government officials argued otherwise. The latter point out that growth rates for previous […]Read More
NEW DELHI: The Union Budget for 2023-24 has unambiguously reiterated India’s commitment to pivot to a green-growth trajectory. Accordingly, it has laid down the blueprint to enable this transition including the green hydrogen mission, energy storage, organic farming, coastal shipping and vehicle replacement. In short, this year’s essay from Finance Minister Nirmala Sitharaman has a […]Read More
NEW DELHI: Three years ago, India launched its first homegrown semi-high-speed train it connected New Delhi and Varanasi via Kanpur, Allahabad. Officially, it is called Vande Bharat. But at the Integral Coach Factor in Chennai, where the ambitious project to create a modern state-of-the-art train, it was christened Train-18—so that the staff working on the […]Read More
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