The shift towards a sustainable future in the Asia-Pacific region holds significant global economic implications. Despite being a driver of worldwide growth, the region’s heavy reliance on coal has resulted in substantial greenhouse gas emissions. Addressing climate mitigation and adaptation needs...
India’s technology start-up ecosystem faced a funding slowdown in 2023, totaling US $7 billion by December 6, according to a Tracxn report. This marked a significant decline of 72% from the previous year’s US $25 billion, representing the lowest funding in the last five years. Despite this setba...
In a transformative move towards sustainable energy, the International Energy Agency (IEA) predicts a 30% increase in global biofuel demand over the next five years, anticipating an additional 38 billion liters by 2028. This surge is primarily led by emerging economies like Brazil, Indonesia, and In...
Globally, advanced economies are facing a significant slowdown attributed to notably higher interest rates, taking a toll on economic activities worldwide, as noted by the Organization for Economic Cooperation and Development (OECD). The OECD projects a global GDP growth of 2.7% in 2024, down from 2...
With a population of 1.4 billion, India’s GDP is projected to expand significantly, placing it as the fifth largest economy globally. Goldman Sachs Research predicts a 6.3% growth in 2024, driven by macro-economic resilience and reduced vulnerability to external shocks compared to peers in the Asi...
The Indian real estate market is experiencing significant growth, particularly in the luxury segment. Following the pandemic, there has been a notable surge in both commercial and residential real estate demand. Projections indicate a substantial rise, with estimates suggesting a leap from US$477 bi...
India is the second largest gold-consuming country. Purchasing gold on Diwali is an Indian tradition because it is believed that investing on this day is auspicious considering a wealth management perspective. Around 60% of India’s total gold demand comes from rural areas; hence a good monsoon sea...
The African continent stands as a breathtaking mosaic of sand expanses, meandering rivers, national parks, and verdant forests, drawing travellers worldwide to its magnetic beauty. Its wealth of wildlife and stunning mountain ranges further elevate its appeal, making it an irresistible destination f...
The share of girl’s enrolment which used to be less than 10% of the total enrolment on the eve of independence is now showing an increasing trend. ‘Annual Report 2020-21’, published by the Ministry of Education states that as per Gross Enrolment Ratio (GER) (Female) is concerned, states such a...
The Reserve Bank of India (RBI) has taken significant strides this year by announcing the internationalization of the Indian rupee (INR). Internationalization implies widespread acceptance of the INR globally as a medium of exchange, allowing India to use INR for imports. This move by the RBI enable...
