Jharkhand, known for its rich cultural and natural resources, is taking a bold step toward economic empowerment through the One District, One Product (ODOP) initiative. This programme, aimed at promoting unique products from each district, is reshaping the state's economic landscape by encouraging local entrepreneurship and boosting exports.
India’s banking sector is grappling with a significant liquidity crunch, one that threatens not only financial stability but also the broader economy.
Major global credit rating agencies agreed on Thursday that the political uncertainty in South Korea has had a limited impact on the economy so far, yet warned of potential challenges if the situation is prolonged
India's economic trajectory, once celebrated for its resilience and rapid growth, is now encountering significant headwinds.
A valedictory session of the 18th Environment Partnership Summit and Environment Excellence Awards, with the theme, “Circular Economy for Sustainable Environment: Re-envision & Redesign.”
The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent in 2023, which is 0.2 points — 20 basis percentage points — higher than its April forecast.
Mobility is normal human behavior and a global phenomenon. Our ancestors in the prehistoric era were hunters-gatherers. They were constantly on the move in search of food and shelter. Floods, storms, earthquakes too compelled them to move from one place to the other. Agriculture changed life, and man started to settle at a place. About 96.5 per cent of the global population today lives in countries where they were born. But there are 3.5 per cent who reside in other countries.
A recent Oxfam report, published in January 2023, found that the richest one per cent in India own more than 40 per cent of the country's total wealth, while the bottom half together share just 3 per cent. Also, during FY 2020-21, approximately 64 per cent of the total Rs. 14.83 lakh crore in Goods and Services Tax (GST) came from the bottom 50 per cent of the population, with only 3 per cent coming from the top 10 per cent
While a favourable base effect should help accelerate India's real GDP growth to around 7.5-8 per cent YoY in the June quarter, the growth trend is expected to soften over the remaining quarters towards 5-6 per cent YoY, foreign financial services major UBS said in a report.
Union Minister of Commerce and Industry Piyush Goyal on Wednesday said that Prime Minister Narendra Modi wants every Indian mindset to be that of a developed nation's mind.
