Denied 'credit' for brokering Peace with Pakistan ... Trump taking out his grudge on India and Narendra Modi, says US financial services Jefferies group.
Japanese tech and Indian talent a winning combination, says Modi in Tokyo
At the core of our vision are: investment, innovation, economic security, environment, technology, health, mobility, people-to-people exchanges, and state-prefecture partnerships," PM Modi said in presence of Japanese counterpart Shigeru Ishiba.
India's GDP growth accelerates to 7.8% in Q1 FY26, beats estimates
The latest GDP data shows that India's economy started the financial year 2025-26 on a strong note, with overall GDP growth ahead of expectations amid global headwinds.
The good news came at the right moment. PM Modi is exploring new roadmaps with Japan.
He will soon visit China and meet Xi Jinping and Vladimir Putin besides other SCO players.
At such a juncture came the news -- India’s economy grew at 7.8% in the first quarter of the financial year 2025-26.
The data released by the Ministry of Statistics and Programme Implementation (MoSPI) comes amid global headwinds, especially the 50% tariff from the US.
This is higher than the 6.5% growth recorded in the same quarter last year. The strong performance was led by the services sector, which supported the overall Gross Value Added (GVA) growth of 7.6% during the April to June quarter.
India has multiple challenges almost throughout its history. It is often hit by instabilities in the neighbourhood - Pakistan, Sri Lanka, Bangladesh, Myanmar and also Nepal. In other times; it is held hostage to its own history. The history of multiple issues with Pakistan, Bangladesh and also China.
Yet the journey continues. It has to continue unabated. In May this year, it attacked Pakistan to eliminate terror hubs - responsible for massacre of 25 Hindu tourists in Jammu and Kashmir. Around the same day -- India concluded a landmark trade pact with the United Kingdom.
Now on Aug 29th-30 and beyond ... PM Modi is again besieged with the Future and the Past colliding.
India is now keen for an enhanced ties with Japan and Russia and it wants a mega improvement in relations with China.
Some news have a soothing touch and yet have an impact that should take you back to the policy engine rooms.
One such episode is a claim made by Jefferies services.
The latest report by Jefferies says Donald Trump's 'personal pique' saw the US impose a 50% tariff on India, the highest among American trading partners.
"Tariffs are primarily the consequence of the American president's personal pique that he was not allowed to play a role in seeking to end the long-running acrimony between India and Pakistan," the report said.
India has repeatedly maintained that it is not open to any sort of third-party mediation, particularly in its long-running dispute with Pakistan over Kashmir.
Despite being well aware of India's position, Trump, a master of political theatre, went on to boast that he had prevented a "nuclear war" between nuke-powers India and Pakistan by threatening to impose tariffs if they did not agree to a ceasefire.
Such a stance was unacceptable to India. There has been a limited appetite for New Delhi to entertain such a stance even it came from world's most powerful president.
The Jefferies report claims Trump’s desire to position himself as a global peacemaker, potentially a Nobel Peace Prize candidate, was thwarted when India negated his claim.
New Delhi stuck to its long-standing policy of rejecting any third-party intervention in its issues with Pakistan.
“India has never accepted third-party intervention in its relations with Pakistan, and this remains a ‘red line’ despite the economic costs of depriving the 47th American president of one of his opportunities to win the Nobel Peace Prize,” the report noted.
ends
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