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Economic Development
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 is witnessing a historic shift as decades of Maoist insurgency in central and eastern tribal regions near an end. The government aims to eliminate Left-Wing Extremism (LWE)...
October 16, 2025
Recent developments in global trade reveal shift towards economic nationalism, especially by the United States. The US government now imposes high tariffs on imports unless goods are manufactured...
October 16, 2025
The Reserve Bank of India (RBI) has released draft directions for Scheduled Commercial Banks on asset classification, provisioning, and income recognition. These guidelines are to be implemented from...
October 16, 2025
The 2025 Sveriges Riksbank Prize in Economic Sciences was awarded to Joel Mokyr, Philippe Aghion and Peter Howitt for their pioneering work on innovation-driven economic growth. Their research...
October 16, 2025
India’s economy recorded a real GDP growth of 7.8% in the first quarter of 2025-26. This figure is below the average first quarter growth of 9.9% seen in...
October 15, 2025
Recent developments in 2025 have exposed critical vulnerabilities in the global supply of rare earth minerals. China’s tightened export controls on these essential resources have triggered international concern....
October 14, 2025
The ethanol blending programme in India, initially aimed at supporting sugar mills, has seen a major shift towards grain-based ethanol production by 2025. The government’s policy incentives and...
October 14, 2025
Cotton remains a vital crop in India, supporting millions of smallholder farmers and rural economies. Recently, sustainability in cotton farming has become a critical focus amid climate challenges...
October 13, 2025
India’s ports are rapidly emerging as very important centres for the green hydrogen economy. The government has identified Deendayal Port (Gujarat), Paradip Port (Odisha), and VO Chidambaranar Port...
October 13, 2025
The issue of unemployment in Bihar has become more critical in 2025. Voter concerns about jobs have doubled since 2015, denoting the urgency of the employment crisis. Official...
October 13, 2025