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Subscribe to enjoy similar stories. India needs sustained long-term growth to pull people out of poverty, create jobs for the young, and boost incomes to widen the consumption base. I have long considered India’s potential real GDP growth rate to be 6% to 6.5% (6.2% is the average since 1980).

Subscribe to enjoy similar stories. When Ram learnt that his parents were attempting to transfer ₹10 lakh to his US bank account after selling a plot of land in India,he was not particularly pleased. The computer engineer working in the US knew that the simple gesture could turn into a logistical nightmare.

Deepseek, a large language model (LLM) trained at a fraction of the cost of its Western counterparts, has sent shockwaves through the global AI community leading to calls for India to build its own AI language models.

initial public offering of ₹3,027 crore comprising an offer for sale of ₹2,727 crore with the rest being a fresh issue that dilutes the promoter shareholding from 37.7% to 32.5%. Of the issue proceeds, ₹195 crore will be used to repay borrowings. Business: Incorporated in 2010, Chennai-based DAHC is India's largest eye care service chain run by fourth-generation ophthalmologists. It has the highest number of eye care facilities in the country at 193, and 16 in Africa which contributes around 10% of the total revenues. At the end of September 2024, the company had 737 doctors and earned 66% of its revenues from surgeries, 13% from diagnosis and non-surgical treatments and 21% through the sale of eye care-related products, opticals, contact lenses and accessories.

Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Last week’s liquidation orders for Go First appear to be another blow to India's airline passengers. With the options narrowing to Air India, IndiGo and the smaller fleets of a struggling SpiceJet and the newcomer Akasa Air, the spectre of a stifling duopoly by the first two in which fliers are burdened with high fares and poor service looms large.

Subscribe to enjoy similar stories. To weed out polluting vehicles older than 20 years from Indian roads, the highway ministry is considering a carrot-and-stick approach. It plans to double the incentives to nudge owners to replace them, and if that doesn’t work, order mandatory scrapping.

Trains have been canceled across Bangladesh as railway workers went on strike for higher pensions and other benefits

United Nations officials say there were dead bodies on the streets of eastern Congo’s largest city where hospitals are overwhelmed and hundreds of thousands are fleeing gunfire and shelling

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea, sparking a major fire that forced its crew to abandon the vessel

President Donald Trump has already forced Colombia to accept deportees by threatening tariffs and is readying the same move against Canada and Mexico as soon as Saturday

Coca-Cola has recalled some of its soft drinks in Europe after higher-than-normal levels of a chemical called chlorate were detected in bottles and cans at a Belgian production plant

On Monday, Selena Gomez posted and deleted a tearful Instagram video that showed her crying over the deportation of undocumented immigrants by Immigration and Customs Enforcement (ICE) agents under U.S. President Donald Trump’s new executive orders on immigration.

Tom Homan, defended Immigration and Customs Enforcement (ICE) raids targeting illegal migrants in the country, stating that the administration has “no apologies” for its actions.

General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street

catering and transport services for the National Games of India 2025 being held in Uttarakhand. National Games of India 2025 is a multi-sport extravaganza bringing together top athletes from across the country to participate in 32 sporting disciplines and 4 demonstration events during January 28-February 14, 2025, Thomas Cook said in a statement.

SGB issue opened to the public for subscription on February 12, 2024, and closed on February 16, 2024. The issue price of the SGB was Rs 6,262 per gram of gold. Further, till date, the government has not announced any new issuance of SGB tranches in the financial year. The Sovereign Gold Bond scheme was originally introduced to reduce the demand for physical gold.

Subscribe to enjoy similar stories. India’s seemingly high income tax rates are softer than that of several advanced economies, allowing for a better quality of life across income groups, data show. Indian taxpayers, particularly those in the highest 30% tax bracket, have been crying hoarse that the country’s tax rates are among the highest in the world.

Skoda is looking to turn profitable in India this year as it expects sales to double with its foraying into the high volume sub-compact SUV segment with its new offering Kylaq, according to a top company executive. Bullish on its growth aspects, the automaker expects the Indian market to break into its top five markets globally with enhanced sales volume growth.

Subscribe to enjoy similar stories. Laws are almost always designed to be broad, aimed at addressing a range of different issues. However, governments sometimes deviate from that approach, enacting targeted legislation aimed at narrow outcomes.

Subscribe to enjoy similar stories. Every month, Mint’s Plain Facts section provides an update on key global data to thread together the biggest developments in the world that are worth paying attention to. The accompanying analysis and charts explain how each story is creating ripples on the global stage, where it is headed in the coming weeks, and whether it could affect India.Monetary policy shifts Several central banks will announce their monetary policy decisions in the coming weeks.