Trump’s Nobel Push, India’s Trade Shock & Consulting’s Big Boom

Hello Readers,

Did you hear?

Azerbaijan and Armenia have signed a peace deal!

Armenia and Azerbaijan signed a landmark U.S.-brokered peace accord at the White House, ending decades of conflict over Nagorno-Karabakh. The agreement recognizes existing borders, facilitates Armenia’s withdrawal from disputed areas, and grants Azerbaijan a secure corridor to its Nakhchivan exclave through Armenian territory. In exchange, Armenia receives guaranteed trade and transit rights via Azerbaijan. The deal also establishes joint infrastructure projects, security guarantees, and international monitoring, aiming to ensure lasting stability and economic integration in the South Caucasus. What next?

India has praised the historic deal!

External Affairs Minister S. Jaishankar welcomed the Armenia–Azerbaijan peace treaty as a significant diplomatic achievement, aligning with India’s commitment to dialogue and peaceful resolution of disputes. In his remarks following a conversation with Armenian Foreign Minister Ararat Mirzoyan, Jaishankar congratulated both sides for taking a decisive step toward ending decades of conflict. He emphasized that the accord reflects the value of constructive engagement in resolving longstanding issues and expressed India’s support for initiatives that promote stability and cooperation in the region. What now?

Trump wants a Nobel Peace Prize!

Armenia and Azerbaijan have jointly nominated Donald Trump for the 2026 Nobel Peace Prize after a White House-brokered accord ended decades of conflict. Their support raises the total backers to five, alongside Pakistan, Israel, and Cambodia. Leaders praised Trump’s mediation and role in fostering regional stability. While dismissing claims of campaigning for the prize, Trump called the prospect of winning “a great honour,” stressing that his peace initiatives are driven by a commitment to saving lives and preventing future conflicts. What else?

Trump has halted trade deal negotiations with India!

U.S. President Donald Trump announced a 50% tariff on Indian imports, combining a 25% reciprocal tariff with a 25% penalty linked to India’s purchase of Russian oil. He stated that trade negotiations with India will not resume until the issue is resolved. India’s government called the tariffs unfair and unjustified, and Prime Minister Narendra Modi said measures would be taken to safeguard domestic sectors, including agriculture, dairy, and fisheries. The tariffs have led to a halt in ongoing bilateral trade talks. What else?

Asim Munir has threatened nuclear war from the US!!

At a private dinner in Tampa, Florida, Pakistan Army Chief Field Marshal Asim Munir warned that if Pakistan faced an existential threat from India, it would use nuclear weapons, declaring, “If we are going down, we’ll take half the world down with us.” He criticised India’s suspension of the Indus Waters Treaty and threatened to destroy any dam India builds on the Indus with missiles. Making a threat for a nuclear war from the US shows where America’s allegiance is and how India must move forward.

Speaking of the US, did you know that New York City serves as a global hub for consulting?
While 2024 saw a sharp slowdown in the Consulting industry, 2025 is expected to show great change. Companies are looking for ways to boost profitability as major changes like the acceptance of advanced technologies like AI and ML, digital transformation, sustainability, hybrid working, and other new business practices will require significant assistance.

According to a report by Mordor, the Healthcare sector will witness the highest growth and Asia-Pacific is expected to drive overall market growth with companies seeking out specialized advice to tackle new business challenges.

How will that benefit India?

With a growing economy, weaker currency, rising education, and growing skill levels among the young demographic, a larger amount of services are now being outsourced to India. Several MNCs are now setting up multiple offices in India to take advantage of lax labour laws and a smart workforce. In fact, 16 governmental ministries gave the Big Five consultancies 300+ assignments worth over Rs 500 crores over the last 6 years, indicating the government’s acceptance and reliance on consulting.

Moreover, the global management consulting market is set to grow at a CAGR of 10.2% to reach $811.3 billion to reach new horizons. As such, firms like KPMG, Deloitte, EY, PwC, and McKinsey are expanding their presence in the country and ramping up hiring. But are you taking advantage of it?

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