ecopulse - Big U.S. tax on Indian goods – America has put a 50% tax on many things India sells to them. This could reduce India’s exports by ₹4 lakh crore. The government is thinking of how to handle it.
- Plan for energy independence – PM Modi said India will produce more of its own energy using nuclear power, oil from the sea, and renewable sources so we don’t have to depend on other countries.
- Rice prices going up – Rice in India has become up to 14% costlier because many traders are sending large amounts to Bangladesh after it allowed duty-free imports.
- Infosys launches new AI – Infosys made a new AI system called “poly-AI” that helps companies work faster and spend less money, meaning fewer workers may be needed.
- Make in India push – PM Modi said India should make more things locally, at lower cost but better quality, like airplanes, semiconductors, and even a space station.
- GST cuts coming before Diwali – The PM promised GST tax rates will be reduced before Diwali to make goods cheaper and boost shopping during the festival season.
- India’s plan to fight U.S. tariffs – The government has a 4-step plan to sell more products abroad despite America’s new taxes.
- Trump says tariffs affected Russia talks – Trump claimed that putting taxes on India (which buys oil from Russia) might have made Putin agree to meet him.
- India and China trade talks – India will soon talk to China about trade, focusing on important items like rare earth metals, fertilizers, and medicines.
- India’s credit rating improves – For the first time in 19 years, S&P Global gave India a better credit score, saying our economy is strong even with global challenges.
