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 removal of the 11% import duty on cotton in 2025 has sparked protests from farmer unions. The textile industry welcomed the move, facing 50% tariffs from the...
The rise of stablecoins in 2025 has brought new challenges and opportunities to the global financial system. These digital currencies are usually privately issued and linked to a...
India’s urban landscape has witnessed a remarkable transformation since 2014. Decades of neglect gave way to rapid modernisation. Under Prime Minister Narendra Modi, cities became engines of growth...
Recent context Recently, Prime Minister Narendra Modi inaugurated multiple development projects in Imphal, Manipur, worth over Rs 1,200 crore. These initiatives focus on infrastructure, technology, women empowerment, and...
The Reserve Bank of India (RBI) is preparing to review its monetary policy framework by March 2026. The review focuses on the Flexible Inflation Targeting (FIT) regime adopted...
India’s commitment to achieve net-zero emissions by 2070 has brought focus to renewable energy and industrial decarbonisation. However, public procurement, accounting for nearly 22 per cent of the...
India’s 2025 Goods and Services Tax (GST) reforms mark a major step towards universal health coverage. These changes aim to reduce costs and improve access to health care...
Recent developments in India’s biofuel sector have brought isobutanol into focus as a potential additive for diesel fuel. The Automotive Research Association of India (ARAI) is conducting trials...
The US has recently intensified trade barriers and tightened immigration policies. This includes the proposed Halting International Relocation of Employment (HIRE) Act in the Senate. The Act aims...
India faces a critical challenge as China continues to restrict exports of rare earth (RE) magnets. Despite recent diplomatic easing, Indian automakers struggle to secure these vital materials....
