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.
India prepares to unveil its Budget 2025, there is a growing need to ensure that interests of small and marginal farmers are at the forefront of agricultural policymaking.
The report expects India to continue to be among the highest growing major economies despite the recent slowdown in growth.
Ahead of the Union Budget, the industry body Confederation of Indian Industry(CII) has put forward a 10-point specific suggestion before the central government to increase Ease of Doing Business.
India's economic trajectory, once celebrated for its resilience and rapid growth, is now encountering significant headwinds.
Battered by the worst-ever economic crisis in its post-independence history, Sri Lanka’s allocation of its GDP on education has become…
Sudhir Mungantiwar, the Minister for Forests in Maharashtra, took an oath emphasising the profound connection between commitment and soil. The…
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.
It seems democracy and capitalism no longer go together. We have so far believed that democracy gives people freedom of choice, an essential prerequisite for economic activities to flourish. The question is if this is the true face of neoliberal capitalism, would we want to look at it? Should we not think instead how a possible transition to reduced consumption, reduced production and reduced profit can be made compatible with social security and stability while fulfilling the basic human needs that modern living demands?
