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Subscribe to enjoy similar stories. In a recent talk at the Institute for Social and Economic Change, economist Sanjay Reddy noted a startling fact about India’s growth process. According to the International Monetary Fund, in 2024, India ranked 142nd out of approximately 190 countries, with a nominal per capita GDP of around $2,700.

BYD aims to double its sales outside China to over 800,000 cars in 2025 and will look to overcome tariffs by assembling cars locally, its chairman told analysts on an earnings call on Tuesday. BYD, which sold 417,204 units abroad in 2024, expects to see «a substantial rise» in its market share in Britain, which is «very open» to competitive Chinese products, according to a transcript of the call Wang Chuanfu reviewed by Reuters. They also see «great opportunities» to grow rapidly in Latin American and South East Asian countries, where the governments and people are friendly with Chinese brands, he said.

Noida and are planning a liquor run, now might be the perfect time. Liquor shops across the NCR are offering discounts and deals to clear out their stock before the new excise policy in Uttar Pradesh comes into effect on April 1. This year, UP introduced an e-lottery system for liquor shop licenses instead of renewing licenses as done in the past six years. This change allows new players to enter the market. Additionally, the government has introduced “composite shops” that will sell both beer and Indian Made Foreign Liquor (IMFL) together. Because of this, many separate beer and IMFL shops will be merged. Shop owners are now rushing to sell off their stocks by March 31 since any unsold liquor will be seized by excise officials. To avoid losses, vendors are offering various discounts and deals like buy-one-get-one-free offers and price reductions. Offers on beers and whiskeys in Noida For example, a liquor store in Noida's Sector 18 is offering a buy-one-get-one deal on whiskey, while a Sector 93 shop is focusing on beer promotions. Some shopkeepers prefer reducing prices instead.

SBI Card, the second-largest credit card issuer in the country, has announced several revisions to its rewards program for credit cards, which will take effect from April 1, 2025. The upcoming changes will impact some of its popular credit cards, such as Club Vistara SBI Credit Cards, Club Vistara SBI PRIME Credit Cards, SimplyCLICK SBI Card, Air India SBI Platinum Credit Card, and Air India SBI Signature Credit Card.

However, foreign fund inflows supported the rupee at lower levels.

Amit Shah on Tuesday rubbished the Opposition allegations on lack of transparency in the PM-CARES Fund, stating that unlike the National Relief Fund during UPA rule, which had Congress president as a member, the PM-CARES Fund has the cabinet committee on security with ministers to decide the disbursement on the advice of five top secretaries. Shah was replying to the debate on the Disaster Management (Amendment) Bill, 2024, in the Rajya Sabha. The bill, which was passed by the Lok Sabha in the last winter session, was approved by the Upper House on Tuesday. The home minister said disaster management is based on four pillars of transparency, responsibility, efficiency and synergy as he refuted apprehensions of any discrimination against states in disbursement of their share of disaster management funds, saying it is not meant for financing the freebies announced by the governments.

Bharat Rashtra Samithi (BRS) Working President K T Rama Rao launched a scathing attack on the Congress-led Telangana government for prioritizing beauty pageants over addressing the «escalating crisis of farmer suicides in Telangana.» Speaking in the Assembly on Tuesday, KTR criticized the government's decision to spend Rs 55 crore on events like Miss World while claiming that farmers are struggling without drinking or irrigation water, according to a statement released by his office. «When the state is reeling under distress, with farmers taking their lives, the government is busy organizing beauty contests. These events have no relevance or necessity,» KTR said. He demanded that the government explain how the pageants generate jobs or revenue. He accused the administration of projecting them as a grand international achievement despite their declining global significance. KTR also slammed the government for «locking up» the statue of Dr BR Ambedkar, questioning why it has been excluded from the tourism circuit. «Why is Ambedkar being held captive behind locks? Will they open it at least on his birth anniversary when followers from across the country visit?» he asked.

Global funds returning to India’s stock market amid a world-beating rally are having to set aside one of the biggest gripes expressed by investors like Muddy Waters Capital LLC founder Carson Block — namely the country’s high taxes. While global funds marked their first weekly purchase of local stocks last week, they have been big sellers this year. In addition to an uncertain economic outlook, they point to New Delhi’s tax code, which imposes high capital gains levies on overseas funds. That’s an approach at variance with other countries such as China, which are competing for their money.

Subscribe to enjoy similar stories. After all the facts have been laid on the table, and all the arguments have been made; when the best intentions to save the planet from a fiery future crash against a resolute wall of government apathy and corporate greed, sometimes all that’s left to do is to take a resigned look at the omens of impending disaster. Sniff the air, as our hunter gatherer ancestors used to do, and try to prepare the best you can for the dark times that are coming.

«It's something to reassure. It's a good reminder for staff members to carry identification with them, including photos of their visas,» Stephane Dujarric, Spokesman for Secretary-General Antonio Guterres, said Monday. He was asked at the daily press briefing about the UN sending an email to staffers suggesting that they carry a form of identification at all times in case stopped by authorities in New York. When asked if this has ever happened before, Dujarric said «Not in my memory.» According to the note regarding proof of identity if «stopped by authorities in New York,» seen by PTI, the UN reminded all staff members and their families of the «importance» of carrying a form of identification at all times.

extremism in Bangladesh under the Muhammad Yunus regime. “Fortunately, we have an administration and a secretary of state who is completely committed to diplomatic resolutions, to face-to-face conversations with our friends around the world,” a US state department spokesperson Tammy Bruce said on Monday in reply to a question on Bangladesh army chief’s warning of an imminent extremist attack on Bangladesh as well as unlawful imprisonment of journalists under the Yunus regime. “We expect every country, certainly Bangladesh and others, to say the least, to follow the rules of human rights and to be cognizant and fair regarding the behaviour and what their own citizens expect from their government. So, I think that’s a north star for any nation,” she said. Last week, US director of national intelligence Tulsi Gabbard had expressed her concerns over attacks on minorities in Bangladesh and is understood to have had detailed conversations with Indian officials on the Bangladesh situation. Foreign minister S Jaishankar on Saturday said the government is working on various mechanisms to draw the attention of Bangladeshi authorities on the issue of atrocities on minorities.

America First economic push. This time, Trump has signaled plans to limit exceptions to his tariff push, offering another cryptic hint ahead of his April 2 announcement on reciprocal duties. As trading partners scramble to secure carveouts from the tariffs Trump has made central to his economic agenda, the president has suggested exemptions will be difficult to obtain. “I know there are some exceptions, and it’s an ongoing discussion, but not too many, not too many exceptions,” Trump told Newsmax. “No, I don’t want to have too many exceptions.” He has promised a sweeping tariff announcement on April 2, branding it 'Liberation Day' against trading partners he claims have been 'ripping off' the US. The plan is expected to include reciprocal levies for countries that impose their own tariffs on American goods, though details on the size, scope, and implementation remain unclear.

Sergei Lavrov said in remarks published late on Tuesday. The United States reached separate deals on Tuesday with Ukraine and Russia to cease fighting in the Black Sea and pause attacks against energy targets, with Washington agreeing to push to lift some sanctions against Moscow. «We want the grain and fertilizer market to be predictable, so that no one tries to 'ward us off' from it,» Lavrov told the Russian state Channel One television. «Not only because we want… to make a legitimate profit in fair competition, but also because we are concerned about the food security situation in Africa and other countries of the Global South.» If implemented, the deal could be the first significant step toward U.S. President Donald Trump's goal to achieve a more encompassing ceasefire in the war in Ukraine that Russia started with its full-scale invasion three years ago.

Subscribe to enjoy similar stories. AMERICA’S ECONOMY is looking peaky. Inflation expectations are creeping up.

Subscribe to enjoy similar stories. India’s government seems set to drop its 6% equalization levy on online advertising services rendered to Indian advertisers by offshore digital businesses. This so-called ‘Google tax’—since it impacted this US-based web-search company perhaps the most, though also others like Meta and X—was introduced in 2016, but is abruptly being withdrawn just days before US President Donald Trump’s reciprocal tariffs go into force from 2 April.

Subscribe to enjoy similar stories. Changes to the benchmark Nifty50 index will be effective from 28 March. Jio Financial Services Ltd and Zomato Ltd will replace Bharat Petroleum Corp.

Subscribe to enjoy similar stories. India and the US will outline the terms of their trade talks, discuss a schedule for tariff cuts, and work towards an early harvest deal at negotiations that kick off in New Delhi today, three officials aware of the matter said. A US delegation led by Assistant US Trade Representative Brendan Lynch will discuss trade and tariff matters with Indian officials over three days beginning Wednesday, advancing negotiations conducted virtually since an Indian delegation visited the US.

Earth Day was first celebrated by Gaylord Nelson, who sought to unite the various environmental movements across the US.

Canadians need a drink.

Donald Trump has said America is being “ripped off by every country in the world, friend and foe” and liberation day, as he calls it, is when he aims to set that right.