India is currently the world’s fourth-largest and fastest-growing major economy, with a broad-based GDP growth driven by manufacturing, construction, and services. Projected to become the third-largest economy by the end of the decade, India’s growth is supported by energy security, digital innovation, infrastructure reforms, and strategic investments in areas like semiconductors, making it a key contributor to global economic expansion.
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China dominates the global supply chain of rare earth elements—critical minerals essential for defense systems, renewable energy, and digital technologies—by controlling not only mining but also processing and magnet production, thereby wielding significant geopolitical influence over Western industrial and military ambitions. Efforts by the US and other Western countries to reduce dependence face major technological and economic challenges despite investments and alternative sourcing initiatives.
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Former US President Donald Trump criticized the trade imbalance between the US and India, stating that while India sells large amounts of goods to the US, American businesses face high tariffs in India, restricting their exports. He highlighted that India has been buying most of its oil and military products from Russia rather than the US and welcomed India's recent offer to reduce tariffs to zero, albeit noting the delay in taking such steps.
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The Alaska summit on August 15, 2025, highlighted a deep internal struggle within the U.S. between former President Donald Trump's anti-interventionist "America First" camp and the established "permanent Washington" military-industrial and ideological complex, revealing that U.S. foreign policy, including the Ukraine conflict, is heavily shaped by this domestic contest rather than just international diplomacy.
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The Supreme Court of India has urged the central government to restore the statehood of Jammu and Kashmir, emphasizing that the Union cannot permanently reduce a State to a Union Territory without affecting India’s federal structure, which is a basic feature of the Constitution, and that restoring Jammu and Kashmir’s statehood is essential to uphold the federal character and citizens' rights.
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