The latest UK budget represents a departure from previous fiscal documents. In a strategic move, it introduces increased taxes, higher borrowing, and ambitious spending plans.The budget aims to address a sluggish economy through active government intervention, focusing on three key goals: stabilizin...
The fiscal health of India’s states plays a critical role in the nation’s overall economic growth. Capital expenditure (CAPEX) is particularly important, as it creates long-term assets and generates revenue for years. On October 15, 2024, the National Stock Exchange (NSE) released its report tit...
Sardar Vallabhbhai Patel was instrumental in unifying the princely states to form the Union of India. For his fearless approach and stern appearance, Sardar Patel was regarded as the Iron man of India.Along with this, Vallabhbhai Patel was one of the great social and political leaders of India. He p...
Diwali transforms streets into a spectacle of festive lights, homes adorned with rangolis, and families gearing up for grand celebrations. This vibrant festival triggers a significant travel trend across India, as millions rush to their hometowns. The celebration of Diwali has a profound impact on t...
For over a year, the Reserve Bank of India (RBI) has taken a firm stance against inflation, raising interest rates by 250 basis points between May 2022 and February 2023 in response to post-pandemic price pressures.The RBI’s recent decision to maintain the key interest rate at 6.50% while ad...
Kolkata’s underground water crisis is becoming a serious issue, driven by rapid urbanization and the construction of high-rise buildings. The problem stems from excessive groundwater extraction, poor management, and challenges in urban planning. Below is an overview of the factors contributing to ...
In the highlands of Nagaland, where mist rises early and lingers over the hills, Ngon, a farmer from Noklak District, wakes before dawn. For generations, his family has farmed these lands, cultivating rice, maize, millets and vegetables by hand, relying on tools that had changed little in hundreds o...
Consisting of Twenty-Four Thousand worthy Sanskrit verses, the Ramayana is one such epic, which provides a pathway to one committed to justice to establish himself as an ideal human being by following the exemplary life of its hero. The Ramayana composed by ‘Adikavi’ Maharishi Valmiki is also ca...
Dear ReadersBusiness Economics wishes its readers a happy and prosperous Diwali, the festival of light. Light symbolizes removal of darkness. The festival, illuminates homes, temples and workspaces with diya-s (oil lamps), candles and lanterns. The festival symbolizes the spiritual “victory of lig...
