Economy

NEW DELHI: Finance Minister Nirmala Sitharaman presented the Economic Survey 2023-2024 in the Lok Sabha on Monday, highlighting the robust industrial growth that has propelled India’s economy to an impressive 8.2% growth rate in FY24. This sets the stage for the Union Budget 2024, which is scheduled to be tabled on Tuesday. The survey reported […]

Retail inflation, after averaging 6.7% in FY23, declined to 5.4% in FY24, thanks to effective administrative and monetary policy responses. Food inflation rose from 6.6% in FY23 to 7.5% in FY24

Violent protests have erupted in Pakistan Occupied Kashmir (PoK) due to soaring costs of food, fuel, and utilities. Since May 10, the demonstrations have resulted in the death of a police officer and over 90 injuries. The unrest began when around 70 members of the Joint Awami Action Committee (JAAC) were arrested during a strike against high living costs, leading to further clashes.

NEW DELHI: The world’s economic stage stands at the brink of a significant transformation, as the BRICS nations consider introducing a groundbreaking currency in 2024. This potential move signifies a crucial milestone in the bloc’s efforts to reduce reliance on the US dollar, sparking intense discussions among experts and analysts. The addition of five new […]

The Indian government’s proposal to decriminalise minor and technical offences in various central laws is a welcome step for improving the ease of doing business in the country. The Jan Vishwas Bill 2.0, which is expected to be introduced in the upcoming budget session of Parliament, aims to reduce the compliance burden on businesses and […]

The number of Russian millionaires and ultra-super rich also grew in this period

The import of Russian energy by Brazil could further negate the import ban imposed by the EU