At the centre of the issue is the US goods trade deficit with China – $295.4 billion in 2024. President Donald Trump, in his 2016 election campaign, said China was “raping” the US. It needs to be noted that while China, Mexico, and Canada had massive trade surpluses with the US, the latter imposed tariffs on almost all countries.
India’s developmental journey over the past decade has brought into sharp focus the need for better coordination between central and state schemes. While numerous programs are launched at national and state levels, their actual impact ultimately depends on district administration and local governance. It was in recognition of this reality that the Ministry of Rural Development constituted the District Development Coordination and Monitoring Committee (DISHA) in June 2016 to ensure better coordination and effective implementation of central government schemes at the district level. They replaced the earlier District Vigilance and Monitoring Committee. The core purpose of DISHA is to bridge the institutional and administrative gaps that often emerge as flagship schemes travel from conception to implementation.
Last Friday, US president Donald Trump increased the fee for an H1B visa to $100,000. This would force American companies to hire more American college graduates and stop the practice of companies bringing in low-paid workers from abroad to work in the US, he said.
The RBI’s latest monetary policy and regulatory pronouncements are a strange mixture of caution and recklessness. The policy appreciates that with inflation depressed, not only because of well-behaved food prices but also because of deficient demand that has sent fast-moving consumer goods companies into depression, real interest rates in the economy are high.
The European Molecular Biology Organization (EMBO) is a prestigious international body established in 1964 to promote excellence in life sciences. Membership is granted to leading scientists in recognition of their outstanding research contributions.
Indian engineers have designed a three-nanometre chip. Another team of Indian engineers is hard at work developing a two-nanometre chip, right at the frontier of chip technology. So, India is taking great strides in the area of semiconductor design and manufacture, right? Wrong.