India’s economic growth is often measured by rising consumption and expanding credit access. However, a closer look at recent spending patterns reveals an alarming trend; Indians are allocating nearly a third of their income to loan repayments.
The Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points to 6.25 per cent marks a turning point in the country’s monetary policy after nearly five years of a steady stance.
With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.
Tripura Chief Minister Manik Saha has underscored the crucial role of cooperative societies in driving economic development, reducing unemployment, and curbing militant activities in the state.
India’s economic growth has long been a cornerstone of optimism, buoyed by strong domestic demand, a dynamic workforce, and a robust services sector. However, recent data points to early signs of strain, raising critical questions about the sustainability of this growth trajectory.
In a landmark move to boost investment and economic growth, Uttar Pradesh Chief Minister Yogi Adityanath has introduced a new monitoring system that will hold District Magistrates (DMs) and Divisional Commissioners accountable for investment progress in their areas.
China’s recent pledge to significantly ramp up fiscal stimulus marks an important step in addressing its sluggish economic growth.
India is becoming a major stakeholder in the global supply chain and this growing capacity is the foundation of our economic growth, Prime Minister Narendra Modi said on Monday.
Union Commerce and Industry Minister Piyush Goyal on Friday reaffirmed the government’s commitment to drive economic growth through robust partnerships with state governments.
He noted that India continues to be the fastest-growing large economy in the world and is the fifth-largest economy.
