Economic development refers to the process of improving the economic well-being of a region. It involves increasing wealth, reducing poverty, and enhancing living standards. This can be achieved through various means, such as industrialisation, infrastructure development, and education. In India, economic development has been influenced by historical events, government policies, and cultural factors. Sustainable practices are essential for long-term growth.
India’s manufacturing sector is often contrasted with China’s dominant industrial base. Recent debates show the reasons behind this gap. The core difference lies in economic priorities and political...
The health insurance sector in India witnessed rise in claims in the financial year 2025. However, the amount settled by insurers did not keep pace with the increasing...
India’s trade deficit widened sharply in October 2025 to $21.8 billion. This marked a 141% increase from the same month in the previous year. The rise was driven...
The Indian banking sector has remained stable despite global financial turmoil in 2025. While some stress was seen in non-performing assets, the conservative approach of the Reserve Bank...
India’s agricultural exports have grown faster than its overall merchandise exports in 2025. From April to September, farm produce exports rose by 8.8% to $25.9 billion. This outpaced...
The Reserve Bank of India (RBI) implemented key amendments to the Banking Regulation Act, 1949. These changes, effective from November 1, modify nomination rules for bank deposits and...
Stablecoins have surged in global finance in 2025. Their rapid growth promises faster and cheaper payments and sparks financial innovation. However, this rise challenges government control over money,...
Recent data from 2025 shows inflation in India at a historic low. The Consumer Price Index (CPI) for October registered just 0.25%, signalling a near price stagnation compared...
India’s Union Government recently approved new royalty rates for four vital minerals - graphite, caesium, rubidium, and zirconium. These minerals are crucial for green energy technologies such as...
Recent advances in tuberculosis (TB) diagnosis have transformed the global fight against the disease. The introduction of portable molecular diagnostic tools has drastically reduced the time required to...
