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Economy

Energy has become spinal cord of economy:Puri

Union minister for petroleum and natural gas Hardeep Singh Puri on Friday said Energy has become the spinal cord for economic growth and development, and India is poised to lead the global hydrogen energy production and export.

Europe in decline?

The Nobel Prize winning Columbia University economist Edward Phelps maintains that innovation is the key to economic growth, prosperity and human happiness.

India’s Roadmap

Indians are ambitious and self-confident today. There’s a palpable air of hope and optimism all over the country. Thousands of Adanis and Ambanis are in the making. Driven by a diverse population, a rapidly growing economy, and an expanding geopolitical presence, India has the will power and visionary leadership to strengthen its position as a responsible, stable, and dynamic global leader.

Uncertain stimulus

China’s recent pledge to significantly ramp up fiscal stimulus marks an important step in addressing its sluggish economic growth.

Rupee’s Strain

The recent drop of the Indian rupee below the 84- per-dollar mark highlights a growing set of economic challenges for India, largely driven by external factors such as rising oil prices and the withdrawal of foreign investments from the equity market.