Business Today

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Tariffs Test Confidence

Business Today

PRICE OF ENTRY • The data story behind the US’ tariff hike on Indian goods, and a sectoral analysis of the impact of the new duties

TRUMP’S TRADE TIRADE • Despite ongoing negotiations for a trade deal, India was caught unawares after the US slapped a 25% reciprocal tariff along with a 25% penalty on Indian exports. Can a deal still be signed?

MSMEs UNDER STRAIN • The US’ additional tariffs are likely to hit the Indian MSME sector the hardest. Stakeholders are looking at incentives to protect their businesses

BRIDGING THE GAP • The modification of the base year of GDP, CPI, and IIP, expected by early 2026, will give a boost to India’s macroeconomic database. The data from the upcoming Census will also provide critical inputs, says Saurabh Garg, Secretary, MoSPI

“India will not bow, kneel before anyone” • Piyush Goyal, Union Minister of Commerce and Industry, on India’s new trade playbook, high-stakes negotiations and the road ahead

SIGNS OF SLOWDOWN • SIX MONTHS INTO FY26, WHERE’S GROWTH? HOW DOES THE US TARIFF ACTION IMPACT INDIAN INDUSTRY? THE BT-C FORE BUSINESS CONFIDENCE INDEX DOES A MID-YEAR CHECK OF THE MOOD OF INDIA INC

INDIA’S ECONOMY REMAINS ROBUST AND RESILIENT • Sanjay Nayar, President Assocham and Founder and Chairman of Sorin Investment Fund, on private consumption recovery

THE AIR INDIA TURNAROUND CHALLENGE • THE TATA GROUP IS FACING ITS TOUGHEST CHALLENGE YET WITH AIR INDIA. AFTER A RECENT CRASH THAT CLAIMED 260 LIVES, TURNING IT AROUND WILL BE ONE OF THE MOST COMPLEX TASKS IN INDIAN BUSINESS HISTORY

SINCE TAKE OFF • THE AIRLINE, NATIONALISED 72 YEARS AGO, IS LOOKING TO RECLAIM ITS GLORY DAYS UNDER JRD TATA, WHO REMAINED ITS CHAIRMAN FOR 25 LONG YEARS AFTER THE TAKE OVER BY THE GOVERNMENT

INDIA’S NEW VANGUARD • INDIA’S DEFENCE-TECH START-UPs ARE STEPPING OUT OF THE SHADOWS, DELIVERING AI-BASED INTELLIGENCE, KAMIKAZE DRONES, AND SATELLITE TOOLS TO THE FRONTLINES. IS THIS THE BEGINNING OF A NEW BOOM?

“PETROL, DIESEL AND EVs WILL BE PRICED EQUALLY SOON” • Nitin Gadkari, Minister for Road Transport and Highways, on reducing the dependence on petroleum imports, the next phase of growth and more

SAVE BIG WITH OUR ANNUAL OFFER

NUCLEAR WOES • INDIAN COMPANIES, INCLUDING RELIANCE INDUSTRIES, ADANI GROUP, TATA POWER, JSW ENERGY, AND ADITYA BIRLA RENEWABLES, ARE KEEN TO BUILD NUCLEAR POWER PLANTS, BUT HIGH O&M COST AND AN EXPERTISE FEE COULD MAKE THEIR INVESTMENTS UNVIABLE. WILL THE GOVERNMENT MEET THEM HALFWAY?

Luxury’s New Address • DEMAND FOR LUXURY HOUSING IS NOT SHOWING ANY SIGN OF ENDING ANYTIME SOON. THE SEGMENT HAS CAUGHT THE IMAGINATION OF THE WELL-HEELED EVEN IN SMALL-TOWN INDIA

RICH ALLURE • ALTERNATIVE INVESTMENT FUNDS SCORE OVER REAL ESTATE BECAUSE THEY OFFER POTENTIAL FOR HIGHER RETURNS, ARE MORE LIQUID, AND FAR SIMPLER TO PASS ON TO HEIRS

TAILORED STRATEGIES FOR WEALTH CREATION AND PRESERVATION

CFOs’ RISE TO THE TOP • MORE AND MORE CFOs ARE BECOMING CEOs AS BUSINESSES OPT FOR FINANCIALLY GROUNDED LEADERSHIP. WHAT EXPLAINS THIS SHIFT?

BRIC BY BRIC • WITH THE US GOING ALL OUT TO IMPOSE PUNITIVE TARIFFS ON BRICS NATIONS, THE GROUPING HAS GOT ANOTHER CHANCE TO MAKE ITS PRESENCE FELT AT THE GLOBAL HIGH TABLE

“CAN’T GIVE UP ON AGRI AND DAIRY” • P. Chidambaram, MP and former finance and home minister of India, on the Indian economy and tariff turbulence

FROM BOYS TO MEN

The Art of Indian Timekeeping • FROM JAIPUR’S MINIATURE ART TO BENGALURU’S SPACE-READY ENGINEERING, A NEW GENERATION OF...