Publications

The US State Department, on Wednesday, unveiled the sanctions against 6 India-based companies, claiming these firms deliberately participated in “significant transactions” involving the acquisition and sale of Iranian petroleum products, breaching American restrictions on Iran. Among the sanctioned Indian enterprises are prominent petrochemical traders. The heaviest accusations fell on Alchemical Solutions Private Limited, which allegedly…

Industry and economists have expressed concerns over the US government’s decision to levy a 25% tariff along with a “penalty” on Indian exports, starting August 1. In a statement issued on Wednesday, FICCI said that it’s “disappointed” by the US’ decision. “While this move is unfortunate and will have a clear bearing on our exports,…

The Reserve Bank on Tuesday capped contributions by a single regulated entity (RE), including banks and NBFCs, at 10 per cent of the corpus of an Alternative Investment Fund (AIF) scheme. Also, collective contribution by all REs in any AIF Scheme should not be more than 20 per cent of the corpus of that scheme,…

In effect since April 18, 2024, the scheme allows eligible Indians to obtain multi-year, multi-entry visas without being tied to a specific travel purpose Indian travellers with a clean visa history now have access to a fast-tracked, long-term Schengen visa under a new “cascade” system rolled out by the European Commission. In effect since April…

अमेरिकी राष्ट्रपति डोनाल्ड ट्रंप ने बुधवार को भारत पर 25 प्रतिशत टैरिफ लगाने का एलान किया। इतना ही नहीं उन्होंने भारत पर एक बड़ा जुर्माना भी लगाया। टैरिफ के बाद अमेरिका ने भारत को एक और बड़ा झटका दिया है। दरअसल, अमेरिका की ट्रंप सरकार ने ईरान से तेल और पेट्रोकेमिकल उत्पादों के व्यापार में…

Schengen visa will soon go fully digital for all travellers, including Indian nationals. All you need to know Gone are the days when your Schengen visa used to come as a sticker in your passport. In a historic shift, the European Union (EU) is saying farewell to the traditional Schengen visa sticker, replacing it with…

New Delhi: Central Pollution Control Board (CPCB), which collected samples of tap water from 12 houses in Janakpuri, has found the presence of total and fecal coliform bacteria in six houses and E. coli in two homes. “… in six samples, total coliform and E. coli were not detected. In three samples, total coliform was…

What happens when an economy stops growing, but life continues to improve? Japan may already have the answer. For over three decades, Japan’s economy has barely moved. Growth flatlined, prices stayed low, and interest rates were cut to zero. Yet, the country didn’t fall into chaos.   Read More…

Delhi has seen 124 malaria cases this year so far. Weekly cases remain low, but MCD reports a rise in mosquito breeding sites with larvae in the past week. Reported cases of vector-borne diseases have seen a jump this year according to early trends, as Delhi has so far recorded 124 malaria cases, the highest…

The interview came just a day after Harris announced she would not run for California governor in 2026 and as she began promoting her upcoming memoir, 107 Days, which reflects on her short-lived presidential campaign and turbulent final weeks in office. During the conversation, Colbert thanked Harris for fulfilling her constitutional duty by certifying the…

U.S. jobs report for July 2025 delivered a sobering reality check for the American economy. According to the latest data from the Bureau of Labor Statistics (BLS), only 73,000 jobs were added in July, marking the slowest monthly gain in over two years. This sharp decline in job creation has triggered widespread concern among economists,…

Hours after US President Donald Trump claimed that he had heard that India is no longer going to buy oil from Russia, government sources said oil refiners continue to purchase crude from Russian suppliers. “Indian oil refiners continue to source oil from Russian suppliers. Their supply decisions are guided by price, grade of crude, inventories,…

Ricky Gill, who is the Special Assistant to the U.S. President for National Security Affairs and the U.S. National Security Council’s Senior Director for South and Central Asia, has been invited by India’s National Security Council Secretariat (NSCS) to discuss the future of the long-delayed India-Middle East-Europe Economic Corridor (IMEC) on August 5 and 6.…

India has dramatically ramped up its crude oil imports from the United States since President Donald Trump began his second term, news agency ANI reported on August 3 citing sources familiar with the trade data.   Read More…

China’s government this week announced a childcare subsidy of 3,600 yuan (about $500 or Rs 44,000) per year for every child under the age of three. The People’s Daily, the Chinese Communist Party’s newspaper, described it as a way of “supporting fertility and to promote the building of a fertility-friendly society”.   Read More…

Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of petrol and diesel after Western sanctions on Russia’s oil and energy sector, according to a senior industry official, reported Economic Times.   Read More…

The recently signed India-UK Comprehensive Economic and Trade Agreement (CETA) represents a significant win for India, showcasing its strategic negotiation. The deal offers the UK a crucial post-Brexit trade success, contrasting with its complex US relationship, and introduces a groundbreaking gender equality clause, reflecting India’s evolving, holistic approach to trade.   Read More…

The Reserve Bank of India (RBI) is widely expected to keep policy rates unchanged this week, showed an ET poll of economists, as monetary experts assess the economic fallout of the punitive 25% US tariffs and await clarity on the contours of a trade deal between New Delhi and Washington   Read More…

The India-US trade imbroglio continues. While all eyes are on August 7, the new date from which the 25% Trump tariff will be applicable, SBI Reseach has come out with a bold statement. They have said that this current salvo of tariffs plus penalty from US President, Donald Trump is a “bad business decision.” Moreover,…

Indian Tea Industry has been witnessing a steady growth in the quantum of tea imported to India. While in 2019 15.80 million kgs of tea where imported and in 2023 the imported tea stood at 23.65million kgs. TAI stated that the actual export of Tea of Kenya to India in 2024 (as published by Tea…

Apple CEO Tim Cook said that most iPhones sold in the US during last quarter i.e. Q2 were made in India, despite President Donald Trump’s repeated criticism of Apple’s manufacturing shift. Speaking after Apple’s quarterly results on July 31, Cook said India has now become the main hub for iPhone production for the US market,…

The term ‘recession indicator’ is trending all over social media in the US. Have you ever wondered what do a Labubu toy and the US Treasury yield curve have in common? For Gen Z, everything from the popularity of Labubus to listening to emo music to lipstick sales are a possible indicator of a recession.…

In a critical juncture for US-China trade relations, officials from both nations are working to resolve their differences and potentially reach a trade agreement that could prevent the imposition of severe tariffs.   Read More…

Removal of import restrictions by a major Indian rice importer will help boost the grain’s exports and reduce the impact of fresh US tariffs, Indian Rice Exporters Federation said on Monday.   Read More…

Indonesia’s annual economic growth accelerated to 5.12% in the second quarter from 4.87% in the previous three months, official data showed Tuesday. A Reuters poll had expected growth of 4.80%. The second-quarter growth rate was the fastest since the second quarter of 2023, data from the statistics bureau showed.   Read More…

India’s energy security and economic stability may be heading into rough waters. With global pressure mounting over India’s ongoing dependence on Russian oil, experts at commodities analytics firm Kpler warn that if India is pushed to reduce or halt these purchases, it could end up paying an extra $9 to $11 billion every year on…

Trump penalised India for continuing to be “Russia’s largest buyer of energy, along with China,” despite the ongoing war in Ukraine. He also took aim at India’s heavy reliance on Russian military equipment, arguing that such ties contradict Western pressure on Russia US President Donald Trump’s latest move to impose a blanket 25% tariff on…

Amid persistent tensions between China and the Philippines over the South China Sea territorial dispute, India on Tuesday expressed concerns over Chinese aggression in disputed areas, moved to step up defence and space cooperation with the Philippine…   Read More…

US President Donald Trump’s tariff shock on India is complicating the central bank’s interest rate decision Wednesday, with some economists bringing forward their expectations for easing. Before Trump’s announcement, most economists had expected no …   Read More…

The three-day meeting concluded with Governor Sanjay Malhotra outlining the central bank’s views on inflation, growth, and importantly, the growing global trade tensions triggered by tariff announcements, especially by the United States.   Read More…

The Waratah Super Battery said to be the world’s most powerful battery, has powered up in Australia’s New South Wales. The 850- MW/1680- MWh of its capacity, which is now acting as ” shock absorber” for the NSW grid in the event of outages.   Read More…

It is August 7 in the United States and President Donald Trump’s deadline for imposition of reciprocal tariffs has ended. With this, the 25 per cent reciprocal tariffs that Trump announced for India last week have taken effect.   Read More…

Amid rising concerns over Donald Trump’s steep tariff hike on Indian exports, Prime Minister Narendra Modi on Thursday said India would never compromise on the interests of its farmers, even if it means facing economic consequences.   Read More…

Tim cook walked into the oval office Wednesday whit a carefully crafted peace offering -a gleaming piece of Kentucky -made corning glass etched with Donald Trump’s name and mounted on 24-karat Utah gold,and another $100 billion . it’s as American as it could be But the APPLE CEO wasn’t there just to present a present…

The government has proposed 2022-23 as the new base year for the Index of Industrial Production (IIP) and Gross Domestic Product (GDP), and 2024 for the Consumer Price Index (CPI), Parliament was informed on Wednesday.   Read More…

Almost a million more deaths than births were recorded in Japan last year, representing the steepest annual population decline since government surveys began in 1968. Prime Minister Shigeru Ishiba has described the demographic crisis of Japan’s ageing population as a “quiet emergency”, pledging family-friendly policies such as free childcare and more flexible work hours. But…

The Reserve Bank of India’s (RBI) decision to keep the repo rates unchanged in the August Monetary policy cycle is seen as a technical pause driven by inflation projections and growth dynamics, according to a report by SBI. The SBI report noted that inflation is expected to remain below 3 per cent till the third…

The European Union’s liquefied natural gas (LNG) imports from Russia have been increasing since the start of the Russia-Ukraine war in February 2022, even as EU sanctioned the Nayara Energy refinery in India last month owing to the 49.13% stake held in it by Russian oil firm Rosneft, saying profits from the refinery were fuelling…

Prime Minister Narendra Modi and Brazil President Luiz Inácio Lula da Silva spoke on phone on Thursday amid ongoing tariff tensions from the US. The two leaders exchanged views on various “regional and global issues of mutual interest.” Both the nations face 50% tariffs from the US. Prime Minister Narendra Modi and Brazil President Luiz…

According to the calculation, investors in the 2019-20 Series-IX, issued in September 2019 at Rs 4,070 per gram, will see an absolute gain of 147% or Rs 6,000 per unit. The Reserve Bank of India has announced Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V premature redemption date. The investors can opt for premature…

Chakri Lokapriya, CIO-Equities, LGT Wealth, says the resolution of Trump’s tariffs at 50% has reduced uncertainty, while hopes for US-Russia trade talks are fueling expectations of eased oil purchases for India. However, the market’s assumption that a US-Russia agreement will automatically eliminate the extra 25% tariff is uncertain   Read More…

The higher duty on the Chinese company is expected to raise the landed cost of Chinese fumed silica in India, potentially benefiting domestic producers India on Tuesday increased the anti-dumping duty on Chinese untreated fumed silica after finding evidence that the firm in question was absorbing the duty. The Directorate General of Trade Remedies (DGTR)…

Indian economy’s overall momentum has not slowed as evident from high frequency indicators but it was too early to assess the impact of U.S. tariffs on growth, Chief Economic Advisor V. Anantha Nageswaran said on Wednesday   Read More…

Prime Minister Narendra Modi on Sunday launched a blistering attack on previous governments in Delhi, accusing them of “ruining the Capital and pushing it into a pit of neglect”, even as he praised the newly elected BJP government under Chief Minister Rekha Gupta for “cleaning the mess” left behind. Modi’s remarks came after he inaugurated…

India’s current account deficit is expected to rise from 0.6% to 1.2% of GDP by FY26, influenced by trade conditions and global commodity prices. The oil trade deficit increased significantly in July 2025, reaching $27.35 billion. India’s current account deficit is projected to nearly double in the financial year 2025-26, increasing from 0.6 per cent…

With US President Donald Trump reviving his tariff agenda and global supply chains under pressure, calls for bolstering domestic production through “Make in India” have resurfaced. Over the last decade, the Government has rolled out various initiatives, most notably the Production Linked Incentive (PLI) schemes, aimed at boosting manufacturing and creating a strong electronics ecosystem.…

For the past few weeks, the economic discourse on tackling tariff hikes and the steps needed to overcome the resulting challenges from a potential dent in export demand has kept Indian businesses on their toes. Against this backdrop, the announcement of an imminent cut in GST rates has lifted trade sentiment, pushing many back to…

Uttar Pradesh has witnessed a significant economic surge, becoming the second fastest growing state in India. According to the latest report by the Ministry of Statistics and Programme Implementation, the state’s Gross State Domestic Product (GSDP) growth rate jumped from 5.5 percent to 8.9 percent. Chief Minister Mr. Yogi Adityanath’s advisor, Mr. Avnish Kumar Awasthi,…

सरकारी पूंजीगत व्यय और निर्यात में वृद्धि के चलते चालू वित्त वर्ष की अप्रैल-जून अवधि में भारतीय अर्थव्यवस्था के 6.7 प्रतिशत की दर से बढ़ने की उम्मीद है। यह एक साल पहले की समान अवधि के 6.5 प्रतिशत से अधिक है। रेटिंग एजेंसी इक्रा का यह अनुमान आरबीआइ की मौद्रिक नीति समिति द्वारा लगाए गए…

The fall was sharper than the 2.1% contraction expected by economists polled by Reuters. Exports to the U.S. also continued to fall, dropping 10.1% in July. While the effects of the 15% tariffs will not show up until the August data, analysts have warned about their impact on the Japanese economy. Japan’s exports plunged 2.6%…

India’s recent goods and services tax (GST) cuts are expected to boost e-commerce sales by 15–20 per cent in high-value categories such as electronics, according to industry executives, as the government’s tax rationalisation encourages consumer spending ahead of the festive shopping season. E-commerce and quick-commerce companies are anticipating an additional surge in demand on top…

Vinit Sambre, Head – Equities at DSP Mutual Fund believes that 50% tariffs will inevitably have second-order effects—most notably by adding to inflationary pressures in the US and raising the risk of economic slowdown. These consequences, in turn, could compel the US to reassess and recalibrate its trade policy over time, he said in an…

The government is considering re-invoking anti-profiteering provisions for a limited period to ensure that businesses pass on indirect tax benefits to consumers, following the proposed overhaul of the goods and services tax (GST) regime, according to a senior official. “While the Centre remains committed to market-driven pricing, concerns over unfair profiteering cannot be ruled out…

JAKARTA, Aug 20 (Reuters) – Indonesia’s central bank cut interest rates again in a surprise move on Wednesday and flagged it could cut some more, as it stepped up support for Southeast Asia’s largest economy against the backdrop of global uncertainties. Bank Indonesia (BI) trimmed the benchmark 7-day reverse repurchase rate (IDCBRR=ECI), opens new tab…

India’s non-smartphone electronics exports have crossed the USD 14 billion mark in FY 2024-25, contributing to an overall electronics export of USD 38.57 billion, a 32.47 per cent jump from the previous year, according to the Electronics and Computer Software Export Promotion Council (ESC). While smartphones remain a key driver of exports, the surge in…

The imposition of higher tariffs by the US will significantly impact the micro, small and medium enterprise sector, which accounts for around 45% of India’s exports, while MSMEs in textiles, diamonds and chemicals are likely to be the most hit, a report by CRISIL Intelligence said. The US levies ad valorem duty of 25% on…

India’s private sector economy recorded its fastest growth since the start of survey data in December 2005, with the headline HSBC Flash India Composite PMI Output Index rising over four points to 65.2 from 61.1 in July, according to S&P Global on Thursday.   Read More…

The report noted that its analysis results show GDP growth at 6.9 per cent during the quarter, with Gross Value Added (GVA) estimated at 6.5 per cent. The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year,…

Intermediate Range Ballistic Missile ‘Agni 5’ was successfully test-fired from the Integrated Test Range, Chandipur in Odisha on August 20, 2025. The launch validated all operational and technical parameters. It was carried out under the aegis of the Strategic Forces Command.   Read More…

Anchored by a deep home market which can act as a buffer against global trade volatility, the Indian retail sector is projected to nearly double to $1.93 trillion by 2030 from $1.06 trillion in 2024, growing at a compound annual growth rate (CAGR) of 10 per cent, according to a Deloitte–FICCI report issued on Wednesday.…

India’s smartphone exports surged 30 percent on-year during the first half of calendar year 2025 to touch 40 million units, powered by a rush of iPhone shipment to the US ahead of the impending 25 percent tariff deadline at the end of August, with Apple’s exports rising 53 percent to cross the 20-million mark in…

Despite global uncertainties, exports of major textile commodities increased 5.37% to $3.1 billion in July 2025 compared to $2.94 billion in the year-ago period, the government said Wednesday. Despite global uncertainties, India’s textile exports continue to chart a positive growth trajectory, reaffirming the sector’s role as a key driver of employment, exports, and economic growth,”…

Strong government expenditure, strengthening rural demand, and buoyant services industry supported India’s economic growth to a median of 6.7% in the first quarter of FY26, according to an ET poll of 14 economists.   Read More…

Russian President Vladimir Putin is demanding that Ukraine give up all of the eastern Donbas region, renounce ambitions to join NATO, remain neutral and keep Western troops out of the country, three sources familiar with top-level Kremlin thinking told Reuters. The Russian president met Donald Trump in Alaska on Friday for the first Russia-U.S. summit…

Industry leaders on Wednesday called for expanding India’s Free Trade Agreements (FTAs) to secure preferential treatment in international markets, while stressing that sustainability and policy support will be critical for positioning India as a global manufacturing hub.   Read More…

Top 10 biggest oil and gas companies by market cap 2025: Saudi Aramco is valued at a staggering $1.55 trillion, making it the largest oil and gas company on the planet by market capitalisation.   Read More…

For more than two decades, Washington and New Delhi built a strategic partnership that was hailed as one of the great success stories of post–Cold War diplomacy. Today, that relationship is facing its most serious test in years — and India is signaling it has other options. “We’re in a situation in the U.S.-India relationship…

Sri Lanka’s former president Ranil Wickremesinghe has been arrested in connection with the alleged misuse of funds, police have said. He faces three charges related to trips he took abroad while serving as president. Wickremesinghe arrived at magistrates court in the capital Colombo on Friday, having already given a statement to the Criminal Investigations Department…

BERLIN, Aug 22 (Reuters) – Germany’s economy shrank by 0.3% in the second quarter compared with the first three months of the year, as demand from its top trading partner the United States slowed following months of buying ahead in anticipation of U.S. tariffs. The statistics office revised on Friday its preliminary reading of a…

Domestic fashion jewellery manufacturers are facing an onslaught of Chinese imports, which have surged 25% year-on-year, with alleged under-invoicing of shipments and wrong declaration of goods by importers to avoid anti-dumping duties making them almost 50% cheaper than locally produced ones, said industry executives.   Read More…

राष्ट्रीय स्वयंसेवक संघ के शताब्दी वर्ष में देश में हिंदू-मुस्लिम जैसे धार्मिक विवाद को कम करने का लक्ष्य भी तय किया गया है। यह युद्धों व संरक्षणवादी आर्थिकी निर्णयों से बदलते वैश्विक माहौल में देश के सर्वांगीण विकास के लिए जरूरी भी माना जा रहा है।   Read More…

Prime Minister Mark Carney on Friday announced that Canada is dropping retaliatory tariffs on US goods, aligning with Washington’s recent decision to exempt products covered under the United States-Mexico-Canada Agreement (USMCA).   Read More…

Action taken on complaints received by Union Agriculture Minister Shivraj Singh Chauhan, the soybean crop was damaged due to the use of spurious herbicide.The Centre has initiated strict action against agrochemical companies producing spurious and substandard products after farmers in Madhya Pradesh reported crop damage caused by poor-quality herbicides. Acting on the directives of Union…

Trump has also targeted Brazil with a 50 per cent tariff over what he has termed as a “witch hunt” against former Brazilian President Jair Bolsonaro, who is seen as an ally of Trump.   Read More…

India’s interest payments on outstanding debt have nearly tripled over the past decade and are projected to rise to ₹12.76 trillion in FY26, finance ministry data showed The surge reflects elevated borrowing costs as the government has continued to service loans contracted at higher rates, especially during the pandemic years, despite a moderation in bond…

The curtains have come down on the earnings season for the first quarter of this financial year. Continued weakness in consumer sentiment, global macroeconomic turbulence and operational headwinds made their presence felt across multiple sectors, even as some segments shone bright on the back of resilient demand and margin improvements.   Read More…

India’s envoy to Russia Vinay Kumar told news agency TASS in an interview that Russian companies in the machinery and electronics sectors are showing growing interest in employing Indian citizens. “At a broader level, there is manpower requirement in Russia and India has a skilled manpower. So at present, within the Russian regulations, framework of…

The Department of Posts on Saturday announced a temporary suspension of most international postal services to the United States, effective August 25, following new US regulations impacting international shipments. In the backdrop of US-India trade tensions and India’s Russian oil imports, EAM S Jaishankar stressed that national interest will guide India’s policies. Meanwhile, ED has…

India’s manufacturing sector is witnessing a quiet yet powerful revolution, driven by the ambitious Production Linked Incentive (PLI) Scheme. With an outlay of ₹1.97 lakh crore, the scheme has become a cornerstone of India’s goal to elevate manufacturing’s share to 25% of GDP, positioning the country as a global industrial powerhouse. As of March 2025,…

The India-US Bilateral Trade Agreement talks are now on rough terrain, with the scheduled sixth round unlikely to take place. The 25 per cent reciprocal tariff has already come into force, meaning India’s exports to the US now face an additional 25 per cent duty over and above the existing MFN rates, with a few…

External affairs minister S Jaishankar said the recent experience has taught India neither to be dependent on a single supply chain or a single market, and suggested diversification as a hedging strategy for industry. His comment at the ET World Leaders Forum comes amid the steep tariffs imposed on Indian exporters by the US and…

RSS chief Mohan Bhagwat on Tuesday, 26 August, emphasised that shared ancestral traditions have united people across undivided India for millennia, arguing that the DNA of all who have lived in the subcontinent for over 40,000 years is fundamentally the same.   Read More…

MUMBAI, Aug 26 (Reuters) – Indian bond traders are calling for central bank intervention as a sharp drop in institutional buying has pushed yields higher, threatening to stall monetary transmission, market participants said on Tuesday. The benchmark 10-year bond yield has jumped 24 basis points to 6.62% in August, including a 22-bp surge over the…

The source said that various methods to boost e-commerce exports are being explored, but there is a major difference of opinion among stakeholders regarding the inventory-based model of e-commerce. The Commerce and Industry Ministry has begun consultations with industry stakeholders ranging from major e-commerce players including American retail firms Amazon and Walmart-owned Flipkart to Indian…

The Finance Ministry, on August 18, had issued a notification doing away with the 11% tariff on cotton imports, comprising a 5% basic customs duty, 5% agriculture infrastructure and development cess and a 1% surcharge on both.   Read More…

The government is trying to speed up the rollout of export promotion mission to help exporters, a government official said on Thursday, a day after US imposed a total of 50 per cent tariffs on Indian shipments.   Read More…

India’s gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday.   Read More…

On the third and final day of his three-day lecture series in Delhi, RSS Sarasanghchalak Mohan Bhagwat indicated that the Sangh supported the demand that the sites of the Gyanvapi Mosque in Varanasi and the Eidgah at Mathura be given to Hindus. Sangh swayamsevaks were free to associate themselves with any movement for these sites,…

Everyday food items such as UHT milk, pre-packaged paneer (chena), pizza bread, khakhra, chapati and roti will now attract no GST. The Goods and Services Tax (GST) Council is likely to widen the scope of the nil tax slab, moving a range of essential products from 5% and 18% to zero duty. Everyday food items…

Plans are being drawn up to explore new markets, increase outreach, and give special attention to sectors such as textiles and gems and jewellery, which are likely to be among the hardest hit by the tariff.   Read More…

India’s specialty fertiliser industry is bracing for renewed supply challenges as China prepares to reimpose export restrictions from October, potentially triggering price hikes that will directly impact farmers, a senior industry official said on Saturday.   Read More…

Malhotra said the central government and the RBI had launched the Jan Dhan Yojana in collaboration with banks 11 years ago, leading to development across the nation. Indore: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Saturday said India will become the world’s third largest economy soon, and credited the Pradhan Mantri Jan Dhan…

Foreign institutional investors (FIIs) pulled out Rs 34,993 crore from Indian equities in August, their sharpest retreat this year, as US tariff shocks and weak June-quarter earnings weighed on sentiment. The outflows pushed year-to-date FII selling past Rs 1.3 lakh crore, raising concerns about India’s place in global portfolios, even as policy reforms and stronger-than-expected…