“Whatever you can rightly say about India, the opposite is also true.” The old Joan Robinson line still works because India has a way of defeating neat summaries. Most national averages come with broad patterns, outliers and warnings.The latest Sample Registration System data is one such mirror. The SRS, India’s official large-scale system for tracking…
The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is…
Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional…
The long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading environments, according to asset management and banking executives. Speaking on a panel at the Proof of Talk conference in Paris, the executives said legacy financial institutions are eager to adopt…
Vijeta Dahiya, Saurav Das and Ashutosh Ranka NEW DELHI: Cockroach Janta Party on Wednesday announced three spokespersons, a day after activist and educator Sonam Wangchuk decided to join what began as one of the country’s biggest internet sensations and has since evolved into a unique political formation.The CJP, which began as a viral online phenomenon…
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NEW DELHI: The Trinamool Congress (TMC) appeared to be staring at its biggest internal crisis in years on Wednesday after expelled MLA Ritabrata Banerjee met West Bengal assembly speaker Rathindra Bose, claiming the support of 58 party legislators.The development has lent legitimacy to the rumours that a large section of the TMC legislature party could…
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