India, that is Bharat
India’s 7.8% Growth Wins Praise from JPMorgan CEO Jamie Dimon
JPMorgan Chase CEO Jamie Dimon has praised India’s 7.8% growth and its position as the fastest-growing major economy, while warning that inconsistent taxation, uneven enforcement of rules and barriers facing foreign companies could prevent the country from converting momentum into investment.
Gas Found off Konark as ONGC Expands Deepwater Exploration
ONGC has found natural gas in a deepwater well 43 km off Odisha’s Konark coast, offering fresh evidence of the Mahanadi Basin’s potential. The company says the initial flow is encouraging, but reserve size, commercial viability and any production timetable still require more testing and appraisal.
The BJP’s Shah Bano Moment: The Chimera Called the SC/ST Act
Two judges tried to add basic safeguards to the Atrocities Act. Parliament deleted them within months, fearing Dalit and Adivasi votes ahead of 2019. This is the Shah Banu moment of the BJP.
Sridhar Vembu Opposes Charges Against IIT Bombay’s Professor Doolla
Sridhar Vembu has backed IIT Bombay professor Suryanarayana Doolla, who faces an FIR after student Sahil Wakode’s death. The case has divided the campus over caste-discrimination allegations, academic discipline, student welfare and the need to protect due process.
Tata Trusts Declares Chandrasekaran’s Reappointment "void ab initio"
Tata Trusts has declared N Chandrasekaran’s reappointment as Tata Sons chairman invalid, arguing that the board vote lacked the mandatory support of both Trust-nominated directors. The dispute exposes a deeper battle over leadership, listing and control of the Tata Group.
India’s Monsoon Retreat Begins After One of the Driest Seasons in Years
India’s southwest monsoon has begun withdrawing from western Rajasthan with nationwide rainfall still about 15% below normal and 43% of the country’s geographical area rain-deficient. The weak season is already raising concerns over rice output, reservoirs and winter crops.
India-Canada Trade Pact Could Be Finalised Before Year-End
India and Canada are aiming to complete a comprehensive trade agreement by the end of 2026 after concluding a fourth round of talks. The proposed CEPA would cover goods, services, investment and energy as both countries target C$70 billion in bilateral trade by 2030.
From Death Row to Acquittal: Surendra Koli Found Dead in Haridwar
Surendra Koli, acquitted in all cases linked to the Nithari killings after spending nearly two decades in prison, has been found hanging at his tea stall in Haridwar. Police suspect suicide, but no note was found and a post-mortem will determine the cause of death.
India’s Net Direct-Tax Collections Rise 13% to ₹12.1 Lakh Crore
India’s net direct-tax collections rose nearly 13% to ₹12.12 lakh crore by September 17, led by stronger corporate tax and advance-tax payments. Gross collections climbed 15%, while corporate advance tax jumped 18%, keeping revenue growth ahead of the government’s FY27 budget assumption.
Putin Accuses Ukraine of Election Interference and Blocking Peace Talks
Vladimir Putin has accused Ukraine of interfering in Russia’s parliamentary election and deliberately obstructing peace talks. Kyiv rejects the vote, particularly in Russian-occupied Ukrainian territory, as illegal, while US-backed negotiations remain stalled over territory and security guarantees.
Trump Signs New Russia Sanctions Law, Raising Risks for India and China
Donald Trump has signed sweeping new Russia sanctions legislation that expands restrictions on Moscow and gives the White House power to impose tariffs of up to 100% on major buyers of Russian oil and gas, putting countries including India and China under greater scrutiny.
Moody’s Lifts India Growth Forecast to 7% as Economy Defies Oil Shock
Moody’s has raised India’s FY2026-27 growth forecast to 7% from 6% after stronger-than-expected investment, manufacturing and domestic demand. The upgrade puts Moody’s above the RBI and IMF, though high oil prices, inflation and El Niño remain major risks.