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In this episode of Macro Matters, Business Standard's Ankur Bhardwaj speaks with veteran journalist A. K. Bhattacharya on a fundamental question: What does the Indian State owe you, the citizen?

In this session, Arindam Ghosh, South Asia Head – India, Institute of Management Accountants, talks about accounting, finance, and provides career tips to the B-Schoolers. >

Trinamool Congress chief Mamata Banerjee on Monday asserted that she would not take political 'sanyas' (retirement) and won't stop till she forced the BJP into obscurity.
In a Facebook Live, she also said people of the state had understood the true face of the BJP within four months of the change in the government.
Banerjee alleged that the Census exercise was another backdoor attempt to enforce the National Register of Citizens (NRC) and that it was implemented without consulting political parties.
She also said people must exercise caution before signing Census forms and sharing personal data, warning that it may result in personal savings getting wiped off.
Amid women's protests in different parts of the state over alleged delay in disbursement of funds of Annapurna Bhandar financial aid scheme for women, Banerjee said the state's BJP government was slashing the number of beneficiaries on the pretext of ineligibility.
"We had launched Lakshmir Bhandar to make women financially

Mamata Banerjee, Mamata

Press Trust of India

India opener Yashasvi Jaiswal and Sri Lanka seamer Asitha Fernando were on Monday fined 25 per cent of their match fee for an on-field altercation on day one of the second Test in Colombo.
The duo was also handed a demerit point each.
The players were involved in a confrontation after Fernando dismissed Jaiswal in the 17th over of India's first innings. Jaiswal walked towards Fernando and the two exchanged words, following which Fernando moved his head towards Jaiswal. In response, Jaiswal leant in, resulting in their heads making contact.
"Both players admitted the offences and accepted the sanctions proposed by Andy Pycroft of the Emirates ICC Elite Panel of Match Referees, so there was no need for formal hearings," ICC said in a statement.
"Both players were found to have breached Article 2.12 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to "inappropriate physical contact with a Player, Player Support Personnel, Umpire, Match Referee or any 

Still from Jaiswal and Fernando clash during 2nd Test between India and Sri Lanka in Colombo (PIC: PTI)

Bharat Lift Sciences

Business Standard

Addressing a rally in Myrtle Beach, South Carolina, Trump said, "We cannot let them have a nuclear weapon; we cannot let Iran have a nuclear weapon, or you will see some very bad things

Donald Trump,Trump

The US government has notified Congress of its plans to pay USD 850 million of the several billion it owes to the United Nations, the largest payment the Trump administration would make to the world body since it demanded sweeping reforms in exchange for continued support as its largest donor.
The State Department laid out its plans to transfer USD 725 million as part of its dues to the regular UN budget and USD 125 million toward UN peacekeeping operations in Haiti and the Democratic Republic of Congo, according to notifications sent to lawmakers this month and obtained by The Associated Press.
The US is behind on about USD 5 billion in dues related to its UN membership, with more than USD 2 billion owed toward the regular budget and USD 3 billion for peacekeeping operations, the United Nations says.
In February, the Trump administration made a single payment of USD 160 million shortly after UN Secretary-General Antonio Guterres warned that the institution was facing "imminent ...

United nations, UN

Chinese humanoid robots broke records set by humans, including beating Usain Bolt's 100-meter sprint world record, on the opening day of the Olympics-like World Humanoid Robot Games in Beijing.
More than 2,000 humanoid robots were participating in the event, the organizer said.
The five-day games, now in its second year, are a spectacle demonstrating China's rapid progress in advanced robotics as the technology race with the U.S. heats up, with 51 events and more than 1,000 competitions taking place including running, table tennis and soccer.
The games, which are taking place in the National Speed Skating Oval built for the 2022 Winter Olympics, opened the same week as Beijing held the 2026 World Robot Conference, where companies showcased around 3,000 products, including humanoid robots.
China makes the majority of the world's humanoid robots. The U.S. has stepped up scrutiny of robots from the country.
Last month, the U.S. Federal Communications Commission announced a ban on imp

humanoid robots, Chinese humanoid robots

An estimated 8.7 crore Indian youth aged 15 to 29 are not studying, working, or receiving training, a recent Niti Aayog report said, highlighting the urgent need for subsidised training programmes to encourage self-employment and align with local demand and emerging sectors.
The Aayog, in the report titled 'Reimagining Skilling for Viksit Bharat@2047', said the estimate is based on data from the 78th round of the National Sample Survey conducted in 2021.
To ensure the highest impact, the Aayog organised India's workforce landscape and learners into five segments -- schooling; tertiary education; formal and informal work; not in education, employment and training (NEET) youth; and women.
"NEET youth are constrained by the absence of income and the sunk cost of prior education. Students often cannot layer paid skilling onto existing financial commitments," it said.
The Aayog has defined NEET youth as youth comprising individuals between the ages of 15 and 29 who are not engaged in ..

jobs

At some point, Pakistani dictators begin to show paranoia. That's the strategic reality most relevant to India since the late '50s. Munir's case is worse, like some sudden acrophobia

Pakistan's new Army chief Asim Munir. (Photo: Twitter/@asim_mz)

Asim Munir

In the AI era, brand visibility is about being the one AI chooses to recommend. That explains the rise of generative engine optimisation

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Airtel Payments Bank on Monday reported an 82 per cent rise in net profit to Rs 19 crore for the first quarter ended in June, driven by good operating performance.
The bank had earned a profit of Rs 10.4 crore in the April-June quarter of the previous financial year.
The bank's revenue increased to Rs 831 crore from Rs 777 crore in the corresponding quarter last financial year, Airtel Payments Bank said in a statement.
During the quarter, Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) rose by 21 per cent to Rs 108 crore from Rs 82 crore in the same period a year ago.
At the same time, customer balances grew by 17 per cent to Rs 4,389 crore from Rs 3,743 crore in the first quarter of last fiscal.

Airtel Payments Bank

The Cockroach Janta Party (CJP) on Monday called for a protest march in Delhi on September 5, accusing the Centre of failing to honour the promises made on July 25 to convince the outfit to withdraw its 36-day agitation against examination irregularities.
The march, to be held on Teachers' Day, will begin at India Gate and proceed towards the Delhi Police Headquarters, the CJP announced in a statement.
It said the march would be led by families of students who died by suicide following the cancellation of NEET exam and the subsequent re-test, and those who were allegedly subjected to police excesses during the July agitation.
The decision was taken at a meeting of the CJP National Working Committee on Monday, a month after the outfit called off its agitation following negotiations with the Centre.
"Our patience cannot be mistaken for weakness. Our good faith cannot become an opportunity for the government to betray the young people of this country," the CJP, which began as a satiri

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Not taking political 'sanyas', won't stop till BJP is in obscurity: Mamata

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