India’s economy is being buffeted by two very different forces. On one side, the Trump administration has slapped steep new tariffs on Indian exports, threatening growth and jobs in key industries. On the other, the Modi government has rolled out the most ambitious reform of the Goods and Services Tax (GST) since its launch, cutting consumer taxes to spark a wave of domestic demand. For investors, the key question is whether the domestic stimulus can balance the external shock.
As the world edges closer to Trump’s August 1 tariff ultimatum, global leaders are not negotiating — they’re surrendering. One by one, governments are lining up not to bargain but to beg. And no moment captured this global humiliation more than European Commission President Ursula von der Leyen’s surreal visit to Trump’s private golf course in Scotland, where, in a scene more befitting a medieval court than modern diplomacy, she presented Europe’s tribute.
A villainous media tycoon in a James Bond movie said “Bad news is good news”.
Take that and keep that burning in your investment landscape. Especially, during market downturns. And, that is when investments turn to gold. Don’t believe it? Look into every historical event of big market corrections during geopolitical crisis.
To check your EPF balance, the first thing you’ll need is your Universal Account Number (UAN). This is a unique 12-digit ID assigned by the Employees’ Provident Fund Organisation (EPFO) to every contributor. What makes the UAN especially useful is that it remains the same throughout your career—even if you switch jobs. Each time you join a new employer, the EPFO simply links the new EPF account to your existing UAN, allowing you to track your entire retirement savings under a single umbrella.
U.S. President Donald Trump recently criticized Apple CEO Tim Cook for expanding iPhone production in India, saying he’d rather see those devices made in America. While this sentiment appeals to domestic manufacturing rhetoric, it ignores the economic realities of global production.