The Sveriges Riskbank Prize in Economics also known as the Nobel Prize in Economics of 2018 has been awarded to two American economists, William D Nordhaus of Yale University, New Haven and Paul M Romer of NYU Stern School of Business, New York. Nordhaus has been awarded the prize “for integ...
Another step for bank amalgamation has been on the fore. The finance ministry of India is going to amalgamate three PSU banks, Bank of Baroda, Vijaya Bank and Dena Bank. After merger the new bank will be the country’s third largest bank. What is the reason behind the merger? The big banks ma...
Minister of Science and Technology Dr. Harsh Vardhan inaugurated the India International Science Festival 2018. He chose The Council and Scientific and Industrial Research (CSIR)-Central Glass and Ceramic Research Institute at Kolkata for this inauguration. On a query about fall of opportunity and a...
The NDA government under Prime Minister Narendra Modi launched a flagship programme to provide all the urban poor people “a pucca house with water connection, toilet facility, 24x7 electricity supply and access". In pursuit of this, the union government launched the Pradhan Mantri Awas Yojna for h...
The gross domestic product (GDP) performance of the first quarter (April-June) of the current financial year 2018-19 (FY19) has been beyond anyone’s expectation. An 8.2% growth of GDP, although from a low base of 5.6% in Q1 FY18, is commendable when one compares it with that of other countri...
In its recent economic outlook of India’s economy the World Bank has expressed its satisfaction and projected high economic growth in the near future. No doubt it has been a matter of satisfaction, particularly, to the ruling government. A few days ago Subhas Chandra Garg, IAS, Secretary, Departme...
The agriculture sector in India has been in crisis for more than two decades. The policy makers’ negligence, the central government’s lower allocation of funds for agricultural sector, particularly in the new economic policy regime, poor pricing of agricultural products, fluctuation of natural p...
Sanjeeb Sanyal, Principal Economic Advisor, Ministry of Finance, Government of India attended an interactive session in Kolkata conducted by the Bharat Chamber of Commerce. One of the points of discussion was population explosion in India. This has become more sensitive after the release of the Nati...
Bangladesh has recently got the status of a middle income country of the world by the United Nations Committee for Development Policy (CDP). There are three main criteria behind its graduation from Less Development Country (LDC) status. In a celebration in Kolkata to commemorate the achievement of B...
