Trade & Tariffs
Former US President Trump continues to voice concerns over India's trade practices. Meanwhile, India's GST policies are being debated with discussions
on how these GST reforms will impact the auto sector, middle class and revenue. The new GST rates have the potential to impact consumer spending.
Global Diplomacy
Reports highlight Putin calling India an 'economic giant' and the recent meeting between Putin and Kim Jong Un. India and Singapore have signed important MoUs during the Singaporean PM's visit. These events signify shifting alliances and India's increasing influence on the global stage.
Financial Impact
Discussions are centered around GST 2.0 and its potential boost to consumers, alongside state concerns regarding revenue. The auto sector is expected to benefit from GST reductions on small cars, reflecting economic trends within India. These measures are aimed at easing burdens on working professionals.
Manipur & Punjab
In local Indian news, Kukis opened a key Manipur Highway with an extended arms-down agreement. While in Punjab, villages are affected by the flooding in the border regions. These events highlight regional challenges and the impact of infrastructure and security on Indian communities.
International Affairs
The article includes updates such as the Afghanistan earthquake, a Funicular accident in Lisbon, and the unveiling of Beijing’s growing military. Moreover, Trump's continued actions, the Epstein files' surfacing and the emergence of key events highlight the complex web of international affairs.
