On February 19, 2025, the Reserve Bank of India (RBI) released its monthly bulletin, providing insights into the state of the economy. The RBI stated, “The Indian economy is regaining its growth momentum, driven by a recovery in consumption demand and overall investment.” According to the econom...
On January 17, 2025, the International Monetary Fund (IMF) released its World Economic Outlook (WEO) update, titled “Global Growth: Divergent and Uncertain.” The report projects global growth at 3.3% for both 2025 and 2026, which is below the historical average of 3.7% from 2000 to 2019. The 202...
The report also highlights state-specific challenges and areas for improvement. This article briefly discusses the report and analyzes its findings on Tamil Nadu and West Bengal.On January 24, 2025, NITI Aayog launched the inaugural issue of its “Fiscal Health Index (FHI) 2025.” The report offer...
On November 29, 2024, the Ministry of Statistics and Programme Implementation (MoSPI) released the Quarterly Estimates of Gross Domestic Product (GDP) for the second quarter (Q2) of the financial year (FY) 2024-25. The latest economic data reveals a decline in GDP for the third consecutive quarter, ...
On October 24, 2024, the International Monetary Fund (IMF) released its Fiscal Monitor report, revealing concerning projections about the state of global public debt. According to the report, global public debt is at an elevated and unsustainable level, with total debt expected to exc...
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...
The Economic Advisory Council to the Prime Minister (EAC-PM) recently released a working paper titled “Relative Economic Performance of Indian States: 1960-61 to 2023-24”. The paper analyzes the relative economic performance of Indian states using two key indicators: (1) Share in India’s GDP a...
Launched on August 28, 2014, the Pradhan Mantri Jan Dhan Yojana (PMJDY) marks a decade of remarkable achievements as the world’s largest financial inclusion initiative. The scheme aims to empower marginalized and economically disadvantaged sections of society. Before exploring its success story, i...
Tourism plays a vital role in economic growth and has become an integral part of human life, growing steadily over the years. Spiritual tourism, defined as tourist visits to religious worship places, is also known as faith, sacred, or religious tourism. Understanding its types is essential before ex...
IntroductionOn Wednesday, May 22, 2024, the Central Board of Directors of the Reserve Bank of India (RBI), in its 608th meeting, approved the transfer of ₹2,10,874 crore as surplus to the Central Government for the accounting year 2023-24. This windfall gain for the Central Government is more than...
