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.
Announcements almost every other day compel us to believe that India is now the fifth largest economy in the world; that India will be a $5 trillion economy very soon; that India will be the third largest economy of the world in 2027, and that India will become a developed nation in 2047.
As the Indian economy is expanding, more and more jobs are being created. There is, however, a difference of opinion over the pace and number of enabling economic opportunities being created across the country.
Inflation, once thought to be tamed and controlled by the steady hand of central banks, is staging a comeback, and it is not a quiet one. The era of low inflation, marked by decades of economic stability, seems like a distant memory as we grapple with the resurgence of price pressures.
Japan's enduring economic challenges serve as both a cautionary tale and a beacon of resilience.
India finds itself at a crossroads, grappling with the dual challenge of sustaining growth momentum while addressing underlying structural constraints.
