Stronger India-US ties will benefit both nations: Amitabh Kant

IANS | June 29, 2026 7:09 PM

New Delhi, June 29 (IANS) India's former G20 Sherpa and NITI Aayog CEO Amitabh Kant on Monday said that expanding ties between India and the United States would be mutually beneficial for both countries, as the US remains a key trading and investment partner while India is steadily emerging as a major global economic power.

China’s consumer-led growth model has failed: Former Morgan Stanley Economist

IANS | June 29, 2026 5:30 PM

New Delhi, June 29 (IANS) China’s retail sales fell 0.6 per cent year‑on‑year in May 2026 after a weak April, marking the first monthly decline in three and a half years, Stephen Roach, former Chief Economist and Asia Chair, Morgan Stanley, wrote on his Substack account, arguing that the country's prolonged effort to steer toward consumer‑led growth has failed.

India’s industrial growth accelerates to 5.1 per cent in May

IANS | June 29, 2026 5:06 PM

New Delhi, June 28 (IANS) India's industrial production clocked a 5.1 per cent growth in May this year compared to the same month of the previous year on the back of a strong growth in the manufacturing sector and a surge in the electricity & gas supply sector during the month, according to the new series data released by the Ministry of Statistics on Monday.

Pakistan's investment-to-GDP ratio falls to record low 13.1 pc: Report

IANS | June 29, 2026 4:57 PM

New Delhi, June 29 (IANS) Pakistan's investment-to-GDP ratio has fallen to a historic low of 13.1 per cent in 2024 from an average of around 18 per cent over nearly four decades, while foreign direct investment (FDI) has halved to 0.5 per cent of GDP, a report has said.