The Times of India
Elections 2026Economy / The Times of India
US President Donald Trump made a strong pitch for the November 3 midterm elections at the Republican convention in Texas last week. While addressing the convention, he urged the voters to cast their vote as if his name was on the ballot. But has the 80-year-old president's bold move backfired? Fox News Chief Political Analyst Brit Hume delivered a blunt assessment on Special Report, pointing to a new Fox News survey showing 63 percent of voters believe the Trump administration has made the econo
Rep. Ritchie Torres tore into Treasury Secretary Scott Bessent during a House hearing after Bessent invoked Joe Biden while defending the Trump administrations economic record. Torres challenged him over stagnant real wage growth, the widening Wall StreetMain Street divide and the administrations repeated attempts to blame Biden for current economic pain.Torres then turned to the Iran war, asking whether Biden started the conflict, disrupted the Strait of Hormuz or shut down a major share of glo
Rep. Maxine Waters and Treasury Secretary Scott Bessent clashed during a heated House Financial Services Committee hearing over tariffs, inflation and the Trump administrations economic policies. Waters repeatedly reclaimed her time as she pressed Bessent on the impact of tariffs and rising prices. The exchange escalated when Bessent told Waters, Youre not making sense. The fiery confrontation came as lawmakers questioned the Treasury secretary about inflation, interest rates and the administrat
A consumer commission ordered a real estate firm to pay monthly lease amounts. The company failed to honor a lease agreement for a sandalwood plantation investment. The customer invested Rs 17.5 lakh in 2023 for agricultural land. The commission awarded Rs 60,000 monthly, plus compensation and litigation costs. The company must comply with the order within 45 days.
Without attention, sport cannot grow, sell television rights, attract sponsors, pay athletes or find the next generation of fans. But with the wrong kind of attention, it scares away folks who have spent decades following it.
In response to a tragic building collapse in Satya Niketan that claimed six lives, the Delhi government is implementing mandatory structural audits and safety certifications for all public buildings. This will include regular safety inspections for nursing homes, schools, and paying guest facilities. Buildings that do not meet certification standards will be prohibited from public use, with severe penalties for negligent officials overseeing compliance.
The economy has shown resilience in the face of multiple crises. GDP growth is just one aspect of the story. Foreign exchange reserves have recently hit an all-time high. GST collections - an important high frequency indicator - are robust. Indias exports have successfully diversified into new markets even as Free Trade Agreements load in the background to provide a supportive effect.
Germanys economy is showing early signs of recovery, with the DIW more than doubling its 2026 growth forecast to 1.2%. But nearly 70% of that growth is expected to come from government spending and public investment.With a 500 billion infrastructure fund and increased defence spending driving construction, railways, energy networks and military procurement, can public investment revive Germanys industrial economy? Or is this recovery too dependent on the state to last?
Robert Kiyosaki reveals he carries $1.2 billion in debt, mainly attributed to his extensive real estate investments in partnership with others. He champions the idea of using debt strategically to secure income-generating properties and amass wealth. His approach relies on capitalizing on increasing property values and utilizing LLCs for protection. While this tactic thrives in booming markets, it does involve inherent risks.
Oil prices have surged after renewed fighting involving Iran and restrictions on shipping through the Strait of Hormuz. Germany is already feeling the impact, with energy prices more than 10% higher than a year ago and petroleum products driving up import costs. The energy shock is adding pressure on German households, manufacturers and businesses already struggling with weak growth and global competition. Across Europe, prolonged high energy prices could weaken economic recovery, keep inflation
In the first quarter, India showcased impressive economic resilience with a remarkable 7.8% GDP growth. The surge was notably driven by a surge in domestic demand and the services sector. Additionally, investment activity picked up pace, enhancing the overall economic landscape. This achievement stands out amid global geopolitical tensions and market fluctuations, reinforcing India's status as the fastest-growing major economy in the world.
India's economy recorded impressive growth of 7.8% during the April to June quarter, driven by a thriving manufacturing sector and a strong services industry. Domestic demand surged, bolstered by significant increases in investment and exports. Reflecting this positive trend, the government has upgraded growth projections for prior financial years, showcasing the economy's robust resilience in the face of global challenges.
The latest growth figure was also higher than the Reserve Bank of Indias (RBI) earlier projection of 7 per cent for Q1 FY27. The central bank had estimated quarterly growth at 7 per cent earlier this month, while raising its full-year FY27 growth forecast to 6.7 per cent from 6.6 per cent.
India's economy is poised for significant growth in FY27, with forecasts suggesting an expansion between 7 and 7.2 percent. This anticipated surge in economic activity will be driven by strong domestic demand and government investment initiatives. Notably, manufacturing is showing an impressive rebound, although inflation poses a considerable threat by affecting wholesale prices. Meanwhile, challenges in the external sector hint at the need for effective import reduction measures.
A stolen smartphone may pass through multiple hands after a street snatching, becoming part of an organised shadow economy. But where do these phones go, who profits, and what happens when a device is locked or blocked?
Major Gaurav Arya says defence manufacturing could play a key role in Uttar Pradeshs $1 trillion economy ambition. He highlights the need to build a self-sufficient ecosystem of skilled talent, materials, components, software and suppliers to support advanced weapons production.
Nepal's finance minister estimates flood reconstruction costs between four and five billion dollars. This devastating flood killed over 600 people and left thousands missing. The disaster destroyed towns, bridges, roads, and damaged hydropower stations significantly. Search and rescue operations continue despite disruptions from bad weather conditions. India has provided substantial relief materials to the affected regions.
Washington is preparing what it calls an Economic D-Day against Irana sanctions campaign aimed not only at Tehran, but at the entire ecosystem keeping its oil economy alive. The package could target tankers, ports, ship registries, Irans so-called dark fleet, Chinese teapot refineries, exchange houses and crypto networks. The UAE, one of Irans key trading and financial corridors, has announced a suspension of trade and financial transactions with Tehran. But China is a very different challenge.
Canadian Prime Minister Mark Carney delivered a blistering response after trade talks with the Trump administration collapsed, declaring that we were attacked and saying Canada is now at war after being hit with steep U.S. tariffs.In a full-throated defence of Canada's position, Carney said Ottawa walked away from what he called a bad deal, accusing Washington of making last-minute demands that threatened Canada's trade interests, culture, language and sovereignty. He also questioned the reliabi
Germanys drought is no longer just an environmental crisis it is becoming an economic problem. Record-low water levels on major rivers, including the Rhine, are disrupting the transport of goods and forcing vessels to carry less cargo, pushing up logistics costs and delaying deliveries. The Bundesbank warns that this could weigh on industrial production, exports and Germanys already fragile economic recovery in the third quarter.The drought is also hitting agriculture, with concerns over lower
Florida Gov. Ron DeSantis acknowledged the economic pressure facing Americans, pointing to inflation, high interest rates and rising grocery costs. DeSantis said the economic crunch is being felt not only in Florida but across the country, highlighting the financial strain facing households nationwide.
US housing starts fell sharply in July, reaching their lowest point since November 2022. Existing home purchase contracts also declined, hitting their weakest level since January. High borrowing costs and limited inventory continue to impact housing affordability and sales. Meanwhile, US factory output reached its highest level in over four years. This manufacturing growth was driven by strong investment in artificial intelligence and related industries.
India's senior living market is poised for significant growth, reaching one lakh crore by 2030. Organized senior living units are expected to quadruple, meeting rising demand from families. New projects will expand beyond major cities into Tier II and III locations. Increased investment will integrate healthcare and technology into senior living developments. Stronger regulatory frameworks will enhance transparency and standardization within the sector.
Patrick Mahomes is embracing his quick recovery by enjoying sports with wife Brittany Mahomes. Their shared passion for sports extends to investments in various franchises. They co-own the Kansas City Current. The couple has been high school sweethearts. They have built a life together with three children and a luxurious Missouri mansion.

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