A team of Australian researchers on Tuesday said that 4-degree Celsius rise in global temperatures would cut world GDP by around 40 per cent by 2100 – a sharp increase from previous estimates of around 11 per cent.
India's fiscal deficit up to February 2025 (FY2024-25) was Rs 13.47 trillion ($157.62 billion), or 85.8% of the estimate for the financial year ending March 31, government data showed on Friday.
Global ratings agency Fitch on Wednesday said that the low reliance on external demand is expected to insulate India from US action on tariffs, with the economy maintaining growth of 6.5 per cent in FY26 and 6.3 per cent the following year.
The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.
India's real GDP in the third quarter (Q3) of FY 2024-25 is projected to expand at a rate of 6.2 per cent, data from the Ministry of Statistics and Programme Implementation (MoSPI) said on Friday. This marks a spike from the GDP growth of 5.4 per cent in the last quarter.
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.
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.
