Author: Vineeta Agrawal | M.Sc. (EM)

India and the U.S. still haven’t reached a final agreement on a small trade deal after five rounds of talks. The deadline is August 1. The talks have stopped because the U.S. wants lower tariffs on Indian dairy and agricultural products, but the U.S. hasn’t agreed to lower tariffs on Indian steel, aluminum, and cars. When’s the Deadline?Unless an interim agreement is reached, scheduled U.S. tariffs would take effect on August 1. Rajesh Agrawal, India’s top negotiator, has led cordial but challenging talks from Washington. The United States is advocating for increased hope for an interim agreement and market access…

Q1 FY26 results from Reliance Industries (RIL) broke previous records. Consolidated profit exceeded forecasts (~₹22,070 cr) by 78% year over year to ₹26,994 cr (compared to ₹15,138 cr last year). The jump was mostly caused by a one-time gain of ₹8,924 cr from the sale of its Asian Paints stake. Reliance Industries, which operates in the retail, telecom (Jio), oil-to-chemicals (O2C), and green energy sectors, published the report under the direction of Mukesh Ambani. Most verticals saw growth, but telecom and retail saw the most. The company’s financial performance for the April–June quarter of FY26 was detailed in the results, which were made…

किसानों को 19-20 जुलाई, 2025 के आसपास अपने बैंक खातों में पीएम-किसान सम्मान निधि से ₹2,000 का 20वां भुगतान देखना चाहिए। यह ₹6,000 वार्षिक सहायता का हिस्सा है जो तीन समान भुगतानों में भुगतान किया जाता है।योजना की शुरुआत और मकसदप्रधानमंत्री किसान सम्मान निधि (PM-KISAN) योजना की शुरुआत 24 फरवरी 2019 को प्रधानमंत्री नरेंद्र मोदी ने की थी। इसका उद्देश्य था – देश के छोटे और सीमांत किसानों को सीधी आर्थिक सहायता देना ताकि वे खेती के खर्चे, बीज, खाद, और अन्य जरूरतें पूरी कर सकें।योजना के तहत हर साल ₹6,000 की मदद दी जाती है, जिसे तीन किस्तों में…

Missed your tax return? You have more time. For the majority of individual taxpayers, the government has extended the Income Tax Return (ITR) deadline to September 15, 2025. You now have more time if you are an NRI, self-employed, or salaried, but don’t wait until the last minute! 🆕 What’s New This Year?✅ The deadline has been moved from July 31 to September 15, 2025. 🧾 New ITR forms demand extra info like: Split capital gains (before/after July 23, 2024) Crypto & share buyback loss details Policy numbers, rent receipts, digital assets 💻 Excel utilities for ITR-1 to ITR-4 are…

🏭A Short HistoryJP Power, which started in 1994, is the power arm of the Jaypee Group. It runs thermal and hydro plants in MP and Uttarakhand. Jaiprakash Associates, the company that owns it, sold cement and hydro assets over the years to pay off debt, but JP Power stayed in business. In FY25, the company’s sales fell by about 20%, which was the first time in three years that its revenue fell. However, it still made money. 🔍 The most recent news in the marketJP Power stock jumped 44% in a week, reaching ₹26.81, a 12-year high. As of July…

🕒 What happened? Thus, on June 12, 2025, Air India Flight 171, a Boeing 787 Dreamliner, just managed to take off in Ahmedabad before disaster struck. Shortly after take-off, the aircraft, end route to London Gatwick, crashed directly into a medical college dorm. 🕵️ Why caused it to crash? The simultaneous shutdown of the fuel control switches on both engines shortly after take-off appears to have resulted in fuel starvation, according to preliminary AAIB findings. Although it is unlikely that these switches will be accidentally activated due to their mechanical guarding, voice recordings from the cockpit showed one pilot asking…

New Delhi, July 10, 2025 – The Supreme Court today upheld the Election Commission of India’s (ECI) right to do a Special Intensive Revision (SIR) of the electoral rolls in Bihar. However, it raised important questions about the timing, documentation policies, and legal basis of the SIR. 🏛️ The Court’s Decision Justices Sudhanshu Dhulia and Joymalya Bagchi led the bench. They didn’t block the SIR but made it crystal clear: the EC’s job is to keep voter lists up-to-date, as per Articles 324 and 326, and the Representation of the People Act. Not exactly rocket science, right? Still, the court…