News

The Trump administration's proposed travel ban could affect citizens from 43 countries, including four of India's neighbors, due to concerns over national security, irregular migration, and information-sharing deficiencies. This expansion marks a significant shift in US immigration policy with potential implications for regional stability, economic interactions, and diplomatic relations.

IndusInd International Holdings Ltd (IIHL) has successfully completed the acquisition of debt-ridden Reliance Capital (RCAP) for Rs 9,650 crore. IIHL plans to focus on creating value and will conduct a comprehensive review of the RCAP business to determine the necessary fund infusion moving forward.

External Affairs Minister S Jaishankar acknowledged the reality of tariffs and their widespread use by countries, emphasizing the need to navigate this complex reality and prioritize India's interests in the face of increasing weaponization of various capabilities and economic activities. He also noted the erosion of boundaries between different domains in international relations, leading to a less restrained culture compared to a decade ago.

Mahindra Group chairman Anand Mahindra described Canadian Prime Minister designate Mark Carney as a "cerebral man with a great sense of humor" and a "no-nonsense, plain-speaking guy" during their meeting in 2017. Carney, a seasoned economist and banker, is set to officially take office as Canada's Prime Minister following Justin Trudeau's resignation.

India's ambitious $5 trillion GDP target by 2027 faces a steep climb, requiring significant investment, productivity, and post-pandemic consumer momentum. However, experts urge a reality check, highlighting the need for deeper reforms, ease of doing business, and broader entrepreneurship to achieve sustainable growth.