The production, pricing, and export of tea in India have remained stagnant, as highlighted by Ajay Jalan, the President of the Tea Association ofIndia (TAI) during the 49th biennial Annual General Meeting held in Kolkata a few days ago. Additionally, this year marks the significant milestone of the ...
The Ministry of Finance of the Government of India recently released a document titled ‘The Indian Economy—A Review’ on January 29, representing a distinct departure from the traditional Economic Survey presented before the Annual Budget proposal. While this year lacks a full budget due t...
The logistics sector serves as a pivotal backbone of any economy. The competitiveness and overall satisfaction of consumers within an economy rely heavily on the efficiency of its logistics. In India, the logistics sector has witnessed substantial growth, largely fuelled by the thriving e-commerce a...
Experts Analyse India’s Economic Landscape in the Wake of Global ShiftsIn a recent interview with ‘India Today’, Kaushik Basu, former Chief Economist of the World Bank and Professor at Cornell University, highlighted India's unique position in the global economy. He emphasized that the growing...
The recent Bengal Global Business Summit held on November 21st and 22nd in Kolkata gathered 250 delegates from 28 countries alongside prominent Indian industrialists. Chief Minister Mamata Banerjee revealed investment proposals totalling `3,76,288 crore, marked by the signing of 188 Memorandums of U...
Harvard economist Claudia Goldin has been honouredwith the 2023 Nobel Prize in Economics, making her the third female economist to receive this prestigious award. Notably, she is the sole recipient of this accolade, without any shared credit. Goldin’s groundbreaking research earned her this recogn...
On September 17, 2023 Prime Minister Narendra Modi inaugurated the PM Viswakarma Scheme, drawing inspiration from Viswakarma, the divine architect and master craftsman in Hindu mythology. This scheme is fully funded by the central government, with a total allocation of `13,000 crore. The primary obj...
In a surprising turn of events, India’s thriving service export sector has experienced a temporary setback after a year of remarkable growth. The growth rate of service exports surged by an impressive 26.7% in FY 2022-23, a feat that was once considered unimaginable. Even in the last four months o...
In a move that has captured international attention, JP Morgan has recently announced the inclusion of Indian government bonds in its emerging market debt index. With approximately $220 billion in assets under management, this global diversified index is considered a significant gateway to internati...
The agriculture sector has become a cause for concern due to inadequate and uneven rainfall. While the agricultural sector has often exceeded expectations and played a pivotal role in safeguarding the economy, the current scenario poses significant challenges. Attaining a growth rate of four percent...
