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 light of the recent setback in the general election, Prime Minister Narendra Modi’s government faces the urgent task of revitalising the Indian economy and addressing concerns expressed by voters.
The latest survey released by FICCI here on Thursday predicted an annual median GDP growth forecast for the year 2024-25 at 7% and CPI inflation at 4.5% for the same period.
The United Kingdom's King Charles III on Wednesday set out the new Labour government's legislative agenda, promising to focus on economic growth and tackling issues ranging from housing shortages to illegal immigration.
Pakistani Prime Minister Shehbaz Sharif has said that his country needs to strike a balance between resources and population size to stimulate economic growth, enhance living standards, and alleviate poverty.
India stands at a pivotal juncture. Despite its status as the world’s fastest-growing major economy, the country grapples with an acute unemployment crisis.
