In an exclusive chat with Business Standard, Raghuram breaks down the impact of the tariff wars, the impact of the US tariffs on India and whether New Delhi is on the right path to deal with this disruption. Rajan is a professor of finance at University of Chicago Booth School of Business and the formerGovernor of the Reserve Bank of India.

In an exclusive chat with Business Standard, Raghuram breaks down the impact of the tariff wars, the impact of the US tariffs on India

Interview | Raghuram Rajan on US trade deal, state of the Indian economy, declining FDIs, and more

Hindustan Power on Tuesday said it has won a bid from SECI to develop a solar project with an energy storage system.
The project will require the installation of around 300 MWp of solar capacity and 300 MWh of Battery Energy Storage Systems (BESS), the company said in a statement.
It has also secured a project from SECI to develop a solar and battery energy storage facility with a contracted capacity of 150 MW of solar power.
Hindustan Power is a leading integrated power-generation company in India, focused on renewable and transitional energy solutions.

The project will require the installation of around 300 MWp of solar capacity and 300 MWh of Battery Energy Storage Systems (BESS), the company said in a statement

Press Trust of India

CPP Investments and IndoSpace joint venture IndoSpace Core on Tuesday announced the acquisition of six industrial and logistics parks valued at Rs 3,000 crore (471 million Canadian dollars).
The six parks, located across key logistics markets, including Bengaluru, Chennai, Delhi, Mumbai, and Pune, collectively span 380 acres with a leasable area of around 9 million sq ft feet, the company said.  Set up in 2017 to acquire and develop logistics facilities across India, IndoSpace Core is co-owned by supply chain infrastructure platform IndoSpace and Canada Pension Plan Investment Board (CPP Investments), which holds a 93 per cent stake in the JV (joint venture).
CPP Investments will commit Rs 1,400 crore (217 million Canadian dollars) to fund the acquisition, it said.  The latest acquisition strengthens the JV's position as India's largest operator of stabilised industrial and logistics real estate, the company said.
"India's logistics sector continues to benefit from strong structural

The six parks, located across key logistics markets, including Bengaluru, Chennai, Delhi, Mumbai, and Pune, collectively span 380 acres with a leasable area of around 9 mn sq ft feet, said company

WhatsApp is reportedly rolling out multi-account support on iOS, allowing iPhone users to switch between two numbers in one app without logging out or using WhatsApp Business

Business Standard

OpenAI and Jony Ive have confirmed that their first AI hardware product has entered prototyping, with the design now locked in and a launch expected in under two years

Prime Minister Narendra Modi on Tuesday said the "wounds and pain of centuries are healing" as India marked the formal completion of the Ram temple here, and used the occasion to draw a broader national roadmap aimed at achieving the goal of a developed India by 2047.
Addressing a gathering after hoisting a saffron flag atop the Ram temple to mark the ceremonial completion of its construction, Modi said the moment symbolised a cultural resurgence for the nation.
"Today, the entire nation and the world are immersed in Ram. Centuries-old wounds are healing, centuries-long pain is finding closure, as the resolve that burned for 500 years finally reached its fulfilment," Modi said.
Calling the flag-hoisting "a unique and divine moment", the prime minister said the sacred flag atop the Ram temple would stand as a testimony to the fact that "truth ultimately triumphs over falsehood".
Congratulating all the Ram devotees and those who contributed to the temple's construction, Modi said ...

Addressing a gathering after hoisting a saffron flag atop the Ram temple to mark the ceremonial completion of its construction, Modi said the moment symbolised a cultural resurgence for the nation

The air freight corridors mark a return of direct trade links between the two nations that had slowed in recent years

Healthcare industry body NATHEALTH has asked the government to increase public spending on healthcare to over 2.5 per cent of GDP with urgent action to tackle non-communicable diseases, including tax deductions of up to Rs 10,000 on individuals for preventive health check-ups.
In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage.
The recommendations call for a balanced mix of fiscal support, structural reforms, and public-private collaboration to build a robust, future-ready health system, it said in a statement.
In its recommendations, NATHEALTH asked the sector to be declared 'core infrastructure' and create a healthcare infrastructure fund of Rs 50,000 crore, saying currently there is limited access to long-term, lower-cost capital for hospitals and diagnostic networks.
New projects have long gestational periods requiring flexible mid-term ...

In its pre-Budget recommendations to the government, NATHEALTH said it outlined a roadmap to strengthen healthcare delivery, foster innovation, and expand insurance and preventive coverage

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Interview | Raghuram Rajan on US trade deal, state of the Indian economy, declining FDIs, and more

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