Many villages in India still struggle with power cuts and weak electricity. But now, things are changing. Thanks to solar startups, even the most remote areas are getting clean, steady electricity through solar power. From handloom weavers to farmers, many people are now using solar energy to power their work. These changes are not just …
The Reserve Bank of India (RBI) wrapped up its first Monetary Policy Meeting (MPC) for the Fiscal Year 2025-2026, which took place from April 7 to April 9, 2025. The April RBI policy meeting takes place against the backdrop of escalating global trade tensions, fueled by tariff increases in the US, which have raised concerns …
A CRISIL research note has indicated that US tariffs will negatively impact profitability for Indian companies. This was shared widely on social media channels. As per its information, US tariffs will especially affect micro, small, and medium enterprises in India. Role of MSMEs in India’s Economic Growth Micro, small, and medium-sized enterprises (MSMEs) are crucial …
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points (bps) in its April Monetary Policy Committee (MPC) meeting held on April 7, 8, and 9. The decision was taken to support economic growth while keeping inflation in check. The new repo rate is set at 6%, effective immediately. Here are …
In a boost to India’s growing semiconductor space, Bengaluru-based startup Calligo Technologies has raised $1.1 million in Pre-Series A funding. The round was led by Seafund and Artha Venture Fund, and will support the company’s next stage of growth—developing its second-generation semiconductor chip and scaling up its operations. Powering the Next Phase of Chip Development …
In a smart and swift move, Apple flew 5 cargo flights packed with iPhones and other gadgets from India and China to the US in just three days. This rapid shipment was a strategic response to looming Trump tariffs that threatened to raise the cost of imported electronics by 10%. The move highlights how Apple …
GDP per capita is a widely used economic indicator that measures the average economic output (GDP) per person in a country. It is calculated by dividing a nation’s total gross domestic product by its population. This metric offers a clearer picture of individual prosperity and is often used as a benchmark to compare the economic …
External Affairs Minister S. Jaishankar and US Secretary of State Marco Rubio held a telephonic conversation on Monday to discuss the effects of recently imposed US tariffs on Indian exports. The US State Department stated that the call focused on exploring avenues for advancing a “fair and balanced trade relationship.” The discussion followed US President …
In a significant step towards banking sector reform, the Union government has issued a gazette notification announcing the merger of multiple Regional Rural Banks (RRBs), effective from 1 May 2025. Exercising powers under Section 23A(1) of the Regional Rural Banks Act, 1976, the government has formalised the creation of single RRB entities in several states …
India’s trade equation with the United States is facing a fresh challenge following Washington’s decision to impose a sweeping 26% reciprocal tariff. According to a report by the Global Trade Research Initiative (GTRI), this move could lead to a 6.41% contraction in India’s exports to the US in 2025, equating to a drop of $5.76 …
