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.
Mr Goyal was speaking at an event in the national capital underlining key indicators such as foreign exchange reserves and inflation rates.
Dips will be bought by FIIs who have emerged as sustained buyers. The continuous decline in US bond yields (the 10-year yield is now below 4.20 per cent) will ensure FII buying, he said.
The Rajya Sabha is likely to continue the discussion, initiated on Tuesday, on the prevailing economic situation in the country, as the Parliament convenes on Day 3 of the ongoing Winter Session on Wednesday.
In the country’s ever-shifting economic landscape, the Reserve Bank of India (RBI) finds itself positioned on a tight-rope, carefully weighing inflation concerns against the impending call for rate cuts.
Should the world de-grow to delay hitting the limits of growth? There is a growing outcry that the relentless push for GDP growth is causing social inequity and irredeemable planetary damage.
