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Since the conclusion of the cold war in 1991, when the erstwhile Soviet Union collapsed ending the global rivalry between it and the United States, a ‘peace dividend’ has been seen, allowing many countries to shift their resources from defence spending to other areas. However, this is set to change with the new ‘war tax’. Research indicates that, around the world, defence expenditure is likely to increase by as much as $700 billion annually, a rise of between 9% and 32%. This is largely due to the present geopolitical tensions, such as Russia’s aggression in Ukraine and China’s aggressive posturing towards Taiwan.

When the world’s largest economy hit the debt ceiling then surely people are going to talk and write about it. The US hit the debt ceiling limit of $31.4 trillion on 19 January 2023 and the US treasury Secretary Janet Yellen reaffirmed that the US could default on its debt obligation in early June 2023. Debt ceiling refers to the maximum amount of money that the government can borrow to meet its financial obligations. It is something similar to the Fiscal Responsibility Balanced Budget Management Act 2003 in India, that suggest that ideally fiscal deficit for India should be contained within 3% of the GDP. But unlike India, where the largest ruling party at the Lok Sabha can take a decision, in the US any change in the debt ceiling requires majority approval by both chambers of Congress.

There was the Planning Commission, and there’s the NITI Aayog, supposedly a good enough name-swap. The Planning Commission became NITI Aayog in 2015, a year after Prime Minister Narendra Modi did his first flat-out ‘shastang pranam’ in Parliament, the old one. Today, nine years and a second ‘shastang pranam’ later, this one in the new Parliament House, time has come to consign the impotent NITI Aayog to the dustbin of history.

New Delhi: The International Cricket Council (ICC) on Sunday confirmed the Australia and India squads for the World Test Championship (WTC) 23 Final to be played at The Oval (London) from 7-11 June.

New Delhi: HS Prannoy over powered China's Weng Hong Yang 21-19, 13-21, 21-18 to become the first Indian men's singles shuttler to clinch the Malaysia Masters title in Kuala Lumpur on Sunday.

New Delhi: India squandered a lead and chances galore and was held to a 1-1 draw by Pakistan in their third Pool A game of the Junior Asia Cup Hockey in Salalah, Oman on Saturday.

New Delhi: Leader board topper India suffered their second successive defeat and were toppled from the top by Britain who beat Men in Blue 4-2 victory in the FIH Hockey Pro League encounter at the Lee Valley Hockey Stadium in London on Saturday.

New Delhi: Navneet Kaur and Deep Grace Ekka scored a goal each to enable Indian Women's hockey team to beat Australia 'A' 2-1 in their fifth and final game of their tour in Adelaide on Saturday. Abigail Wilson (22') scored for the hosts.

Tina Turner, a trailblazer of rock and roll, has died at the age of 83. Throughout her decades-long career in the public eye, Turner showcased a raw and unfiltered musical energy whenever she took the stage. As a Black woman in the music industry, she often broke out of the boxes society intended for her to fit neatly into. Not only that, she pushed back on the notion of how “women of a certain age” were supposed to act and behave when her career had a second surge in the 1980s. The self-made rocker pushed through adversity both within the industry and in her personal life to solidify herself forever in music history.

Religious conservatives and nationalists in the Muslim world and beyond have the wind in their sails. So do Arab autocrats, even if they increasingly cloak themselves in nationalism rather than religious conservatism.