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.
The Central Government has set a deadline of 30 September 2025 for its employees to opt for the Unified Pension Scheme (UPS) under the National Pension System (NPS)....
India implemented a new Goods and Services Tax (GST) rate structure from September 22, 2025. This reform aims to simplify the tax system and boost consumption and production...
India’s Goods and Services Tax (GST) framework underwent a key revision in 2025. The 56th GST Council meeting introduced a new three-tier tax structure. This includes a merit...
India’s digital revolution has reshaped the nation across sectors. Over the past decade, technology has penetrated governance, finance, agriculture, education, healthcare, and commerce. This transformation is driven by...
The Chinese electric vehicle (EV) industry has recently been engulfed in a severe price war, locally termed as nêijuàn or involution. This phenomenon has led to retail prices...
India’s 2025 reforms to procurement rules mark shift in supporting research and development (R&D). The changes ease restrictions on specialised equipment purchases and raise financial thresholds. This aims...
India’s economic growth depends heavily on women’s participation. Despite progress, women contribute only 18% to the country’s GDP. Nearly 196 million employable women remain outside the workforce. The...
The US Commerce Secretary recently criticised India for restricting imports of American corn. Despite India’s large population of 1.4 billion, its imports from the US remain negligible. This...
India’s Goods and Services Tax (GST) Council initiated major reforms in 2025. These reforms aim to simplify taxation and support economic growth. Announced by Prime Minister Narendra Modi,...
India’s human capital development has gained fresh momentum in recent years. NITI Aayog, the country’s premier policy think tank, has played a very important role in shaping this...
