India may emerge as second-largest economy by 2038 with $34.2 trillion GDP (PPP): EY report

New Delhi: India is emerging as one of the most dynamic among the world’s five largest economies, with strong economic fundamentals including high savings and investment rates, favorable demographics, and a sustainable fiscal position, according to the August 2025 issue of EY Economy Watch. Despite global uncertainties such as tariff pressures and slowing trade, India’s…

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US Fed rate cut hopes, tariff action, macro data to guide markets in holiday-shortened week: Analysts

New Delhi: Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors’ attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said. Moreover, trading activity of foreign investors, global trends, and macroeconomic data announcements will also…

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Jaishankar meets Putin in Moscow, hits back at US tariffs amid deepening Russia ties

Moscow: In a pointed diplomatic signal amid escalating US Pressure,  External Affairs Minister S Jaishankar met Russian President Vladimir Putin in Moscow on Thursday, reinforcing India’s strategic ties with Moscow even as Washington presses ahead with tariffs and warnings over New Delhi’s energy trade with Russia. The high-level meeting, part of efforts to finalise President…

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India, China unveil raft of measures to fully realise their development potential

New Delhi:  In a major thaw in their frosty ties, India and China on Tuesday unveiled a series of measures for a “stable, cooperative and forward-looking” relationship that included jointly maintaining peace along the frontier, reopening border trade, promoting investment flows, and resuming direct flight connectivity at the earliest. The announcements aimed at realising the…

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