Launching a fierce attack on the central government's fiscal policies, Leader of the Opposition in the Lok Sabha, Rahul Gandhi, warned that India is on the brink of an unprecedented "economic storm."

"For several days now, I have been saying that the economic structure Modi ji has altered, and an economic storm is coming now. The structure he has erected in favour of Adani and Ambani will not endure; it is destined to collapse completely. The tragedy is that the common people will bear the brunt. They will continue to sit in their palaces, but the youth of UP and the people of UP will be the ones to suffer the full impact of this shock", Gandhi said.

India’s digital payments ecosystem is now overwhelmingly powered by tiny, everyday transactions, with UPI accounting for a massive 85.5% of all payment volumes in the second half of 2025, according to the Reserve Bank of India’s latest Payments System Report. In sharp contrast, the Real Time Gross Settlement (RTGS) system processed just 0.1% of transaction volumes but accounted for a massive 68.6% of total payment value.

Commercial vehicle drivers in Delhi-NCR have announced a three-day strike from May 21 to 23, demanding an immediate revision of taxi and auto fares amid rising fuel prices and alleged economic exploitation by app-based cab aggregators.

According to a letter submitted by the "Chalak Shakti Union" to the Delhi Lieutenant Governor, Chief Minister, Transport Minister, and Police Commissioner, the strike has been called in support of a nationwide protest announced by the All India Motor Transport Congress.

The UK’s decision to tighten steel import restrictions could delay implementation of the India-UK FTA, even as Europe moves towards stricter carbon-linked trade barriers through CBAM. India’s steel sector will need to move towards higher-end, greener production as global trade rules evolve.

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