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Why India’s G20 presidency is PM Narendra Modi’s m...

With the world’s top leaders set to arrive for the G20 Heads of State and Government Summit in Delhi in September, India, by ...

How India's expertise in addressing critical challenges can help the global economy

India's G20 presidency is a ray of hope for entrepreneurs worldwide: OYO founder Ritesh Agarwal

The $28-trillion lever for global GDP: Why G20's prioitises women-led development

COVER STORY

BTExclusive | PM Modi Interview | "India's G20 Is The Voice Of The Global South"

Deep Dive

The G20 presidency is a significant moment for India, one that could potentially alter the way the world views it. Here's a look at what this year has meant for some key sectors

India's G20 presidency: Here's what it means for key sectors of the country's economy

The government's decision to increase the tax collected at source on some foreign payments, including tour packages, to 20 per cent has caused concern. But here are some hacks that can ensure that the hit isn't too steep

Here’s how you can reduce the TCS hit on your foreign trip

Tata Play is counting on its OTT aggregation platform Binge to bolster its falling numbers. But it'll be a while before the new kid in town can stop the company from bleeding

Tata Play, the new entrant in the OTT space: Can the company take on its well-established rivals?

Sales of painkillers have seen double-digit growth over the past two years after stagnating during Covid-19. Will the strong run continue?

Painkillers have logged double-digit growth in the past 2 years; will the rally continue?

Despite the recent announcement of a new enabling policy, the Indian Space Technology ecosystem may require further intervention to conquer new frontiers

Ready for lift-off: Why India's space tech ecosystem will require more govt interventions

'An incredible chance to showcase India’: G20 Sherpa Amitabh Kant on what the presidency means for the country

Amitabh Kant, India’s Sherpa to the G20, talks about the progress made in talks during India’s presidency and the major achievements

Surabhi

Animal Spirits

Stock market investors needn't panic at the BJP's setback in the Karnataka polls; but they shouldn't be too complacent either and take 2024 as a done deal

Animal Spirits: Stock markets should not assume 2024 elections is a done deal, explains Udayan Mukherjee Udayan Mukherjee

The four iconic business leaders have their own leadership models, but patience and perseverance are common

Guru Mantras: Lessons in leadership from Tata’s Chandrasekaran, Narayana Murthy, Nilekani and Ajay Piramal Sourav Majumdar

Breaking free from the Sequoia mothership, Peak XV Partners embarks on a solo voyage in familiar but treacherous waters

Unshackled: After breaking free from Sequoia, can Peak XV double down on the India story? Binu Paul

Sep 03, 2023

The Narendra Modi Interview

During its G20 presidency, India has emerged as the driving force for a wide range of issues that need immediate attention from global leaders, who will converge in New Delhi to attend the G20 Heads of State and Government Summit in September. In this special issue, read an exclusive interaction with the man of the moment, Prime Minister Narendra Modi, who talks in detail about his hopes and vision for the G20 presidency, the areas in which he believes India is making a difference, and more. On stands now.

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CURRIED

THE RECENT SPIKE IN THE PRICES OF CERTAIN VEGETABLES AND SPICES HAS SHAKEN KITCHEN BUDGETS ACROSS HOUSEHOLDS. HERE’S A LOOK AT WHAT COSTS HOW MUCH

4.9%: Food inflation in June 2023, compared with less than 3 per cent in May, thanks to the uneven march of the monsoon
375%: The surge in the retail price of tomatoes to `122 per kg in 2023. The increase was 250 per cent from a year ago
193%: Increase in garlic prices on a year-to-date (YTD) basis to `8,499 per quintal; ginger prices also jumped 188 per cent YTD

A Bharat Petroleum Corporation oil refinery in Mumbai’s Mahul

CRUDE CALCULUS

THE RECENT SOFTENING OF GLOBAL CRUDE OIL PRICES IS EXPECTED TO NARROW INDIA’S TRADE DEFICIT, OF WHICH OIL ACCOUNTED FOR 42.5 PER CENT (OR RS 9 LAKH CRORE) IN FY23. A LOOK AT THE KEY NUMBERS

39 PER CENT: The decline in Brent crude oil prices in the past year—from $122.7 a barrel in June 2022 to $75.1 in June 2023
222.3 MILLION TONNES: The total consumption of petroleum products in the country in FY23, up 10 per cent from 201.7 million tonnes in FY22
RS 16.8 LAKH CRORE: The value of imported crude and petroleum products in FY23, which is 29 per cent of India’s total imports of Rs 57.3 lakh crore

In the aftermath of Cyclone Biparjoy, a bulldozer removes fallen trees to clear a road in Kutch, Gujarat (Photo by GETTY IMAGES)

PUMMELLED

AS CLIMATE CHANGE COMES TO A HEAD, ITS EFFECTS ARE GETTING MORE PRONOUNCED. CYCLONE BIPARJOY, THE LATEST EXTREME WEATHER EVENT WITNESSED BY INDIA IN JUNE, WREAKED HAVOC ON THE WESTERN COAST

2,227: Human casualties in India due to extreme weather events in 2022, compared to 1,750 in 2021; more than 2.5 million people were also displaced due to natural disasters
5.4 PER CENT: Impact of extreme heat conditions on India’s gross domestic product in 2021, amounting to $159 billion
Rs 2,559 CRORE: Total insurance claims raised in the country due to damages suffered from natural disasters in FY21

THE NEW TEMPLE OF DEMOCRACY

ON MAY 28, PM NARENDRA MODI INAUGURATED INDIA’S NEW PARLIAMENT BUILDING THAT HAS A TOTAL FLOOR SPACE OF 64,500 SQ. FT

Rs 971CRORE: The cost of the new Parliament complex, which has a total of 1,272 seats in two chambers, nearly 500 more than the old building
2.3 MILLION+ MAN DAYS: The employment generated by the construction of the new building that took two and a half years to build
30 PER CENT: Expected energy savings in the new Parliament—built using green techniques— compared to the old one

MANGO NATION

WITH SUMMER REACHING ITS PEAK, MANGO FEVER HAS GRIPPED INDIA—THE FRUIT’S BIGGEST PRODUCER AND CONSUMER. HERE’S WHAT THE NUMBERS SAY

Rs 6,450 PER QUINTAL: Average price of mangoes in FY23, 90 per cent higher than the price 10 years ago
30 PER CENT: The rise in mango production in the past 10 years to 21.01 million tonnes in FY22
Rs 307.76 CRORE: Worth of mangoes India exported in FY22 to the top 10 destinations, compared with Rs 264 crore a year ago

Rise of P2P lending platforms: Why users need to exercise caution before diving into it

Peer-to-peer (P2P) lending platforms have gained in popularity by enticing users with annual returns as high as 12 per cent. But investors need to exercise caution before diving headlong into this to avoid unpleasant surprises