Congress general secretary Jairam Ramesh on Tuesday expressed deep concern over the country's economic situation, saying “people's savings are declining, while debt is increasing”.
The World Bank on Tuesday kept India's economic growth projection at 6.3 per cent for FY 2025-26, as the country remains the fastest growing economy globally.
The Uttar Pradesh government has launched a significant initiative to bring 'divyangjan' (specially-abled) into the mainstream and make them economically self-reliant.
President Lee Jae-myung will hold the second meeting of the emergency economic task force this week, his office said on Sunday, which is likely discuss an additional supplementary budget to boost the local economy.
Money is not merely a piece of paper or a metal disc or an electronic digit but ‘in essence it is a social relationship’. Money is the promise to repay by one to another in a society. The promise is based upon trust.
Both leaders acknowledged the role played by industry leaders in strengthening bilateral relations and promoting economic cooperation between India and Austria.
He assured that the government will continue to support these initiatives.
The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday.
As India anticipates the upcoming Union Budget, the spotlight is firmly on initiatives that could redefine economic priorities under Modi 3.0. Amid the flurry of expectations and promises, the government’s emphasis on skills, employment, and innovation stand out as a pivotal strategy in navigating current challenges and shaping future opportunities.
The US Federal Reserve chairman Jerome Powell’s current stance on interest rates reflects a prudent approach to economic policy.
