The World Bank (WB) has warned that climate change could erode up to 12 per cent of Zimbabwe's Gross Domestic Product (GDP) annually if the country does not implement robust measures to tackle the phenomenon.
Initiatives by the government, including preventive measures, universal access to high-quality healthcare, strengthened public health infrastructure, and advancements in medical education, have collectively contributed to making healthcare in India more accessible and affordable for all, according to the Economic Survey 2024-25 tabled in Parliament on Friday.
The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 per cent workforce expansion in the second half of FY25, a report showed on Thursday.
In a significant departure from its earlier policy focus, the Union government is stepping back from aggressive privatisation efforts and is instead investing heavily in reviving ailing state-run enterprises.
Nepal’s decision to increase permit fees for climbing Mount Everest signals a critical shift in its approach to managing the world’s tallest peak. While the hike in fees ~ from $11,000 to $15,000 during the peak season ~ will undoubtedly bolster Nepal’s revenues
China’s recently-reported economic data paints a concerning picture for the world’s second-largest economy.
The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India".
The Asian Development Bank (ADB), citing robust expansion in the industrial sector and strong demand in construction led by housing, kept India’s gross domestic product (GDP) growth projection for FY25 unchanged at 7 per cent.
Ethics in business practices has never been a particular concern with multinational companies (MNCs), especially when it comes to selling their products in developing countries with large populations and hence huge markets
The Indian economy is among the few in the region where investment rates rose between 2015 and 2023, a report showed on Monday.
