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
As the fastest-growing large economy, with steady growth projected at 6.7 per cent over the next two fiscal years, India continues to outpace global peers and cement its position as a leader in economic resilience and progress, the government said on Saturday.
Significant internals from the GDP numbers are the 11.6 per cent growth in manufacturing, the 9.5 per cent growth in construction and 10.6 per cent growth in the capital formation.
The bank's economists also revised upward their prediction for 2024-25 by 50 basis points to 7 per cent .
It further expected the private final consumption expenditure to grow by 6.1 per cent in 2024-25, up from 4.4 per cent in 2023-24.
In the wake of the recent announcement that the UK has officially entered a recession, the economic landscape appears increasingly challenging for Prime Minister Rishi Sunak and his Conservative government.
Amid the economic tumult brewing in Japan, the Land of the Rising Sun finds itself grappling with unexpected recessionary winds, ceding its longheld status as the world’s third-largest economy to Germany.
