In a period marked by economic turbulence and fluctuating market sentiments, the Reserve Bank of India (RBI) has chosen to hold its key interest rate steady at 6.50% for the ninth consecutive policy meeting. This decision underscores the RBI’s strategic approach to monetary policy, reflecting a cl...
Since 2020-21, Finance Minister Nirmala Sitharaman has been steadfast in her commitment to fiscal consolidation while also increasing the allocation for capital expenditure.In 2020-21, the Union government's fiscal deficit was a staggering 9.2 percent of GDP. By 2023-24, she managed to reduce it to ...
The tour occurred against a backdrop of mutual interest in enhancing economic ties, marking a pivotal moment for both nations. The principal agenda of the Prime Minister’s visit was deepening bilateral economic ties, building on the robust collaboration in defense and space exploration that charac...
The International Monetary Fund (IMF) estimates that the Indian economy will grow by 7% this year, a 0.2 percentage point increase from its earlier projection. This growth reflects “improved prospects of private consumption, particularly in rural areas,” aligning with the assessments of other ag...
India is facing a severe unemployment crisis at a crucial juncture when its economy is recognized as one of the fastest-growing globally. Immediate and innovative strategies are urgently needed to leverage the demographic dividend inclusively.The country faces a paradox where economic growth do...
As the upcoming general election in the United Kingdom approaches, the debate over taxation policy has intensified. The Labour Party’s proposals to amend inheritance tax and the tax status of non-domiciled residents have provoked strong reactions from the Conservative Party, who are raising concer...
Hoardings of sprawling housing estates nestled amidst greenery or beside bubbling streams greet pedestrians in every Indian city. After a cursory glance, those without deep pockets move on with their business.The slogan “Roti, Kapda aur Makan” (Food, Clothing, and Shelter) resurfaces during elec...
The tea produced from the gardens in the rolling hills of Terai and Dooars, known for its fruity and floral notes with occasional briskness, is facing a crisis. The impact is subtle yet noticeable when visiting the lush green tea gardens of West Bengal.Adverse weather conditions present a significan...
Many heads of state often speak on topics over which they have little control or vested interest. However, French President Emmanuel Macron distinguishes himself from such leaders.The speech delivered by the French President at Sorbonne emerges as a beacon of hope, addressing Europe’s economic fra...
A delicate balance of power and influence exists between the United States of America and China. Given the interconnected nature of nations, the world’s two largest economies are also mutually dependent.The relationship between these superpowers experiences fluctuations. President Joe Biden recent...
