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Page-66 of 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.

Diriyah Giga Project

The Diriyah project in Saudi Arabia is a monumental undertaking. With an estimated cost of USD 63 billion, it is being developed on the outskirts of Riyadh. The...

 February 10, 2025

New South Coast Railway Zone Approved by Indian Cabinet

The Indian Union Cabinet has recently approved the establishment of a new railway zone named South Coast Railway. This decision includes the transformation of a portion of the...

 February 8, 2025

Bengal Global Business Summit

The Bengal Global Business Summit (BGBS) has emerged as event in 2025, reflecting a potential turnaround for West Bengal's economy. The state, historically struggling under communist rule, is...

 February 8, 2025

RBI Launches Bank.in Domain to Combat Financial Fraud

The Reserve Bank of India (RBI) has recently introduced a new internet domain named 'bank.in' aimed at addressing the increasing incidents of financial fraud. This initiative was announced...

 February 8, 2025

Expansion of India’s Rare Earth Elements Capacity

The Government of India is actively enhancing its rare earth elements (REEs) extraction and refining capabilities. This move aims to establish a strong supply chain for critical minerals...

 February 7, 2025

Sustainable Fisheries and Aquaculture in Africa

Africa's fisheries and aquaculture sectors are critical for food security and nutrition. Fish accounts for 18 per cent of animal protein intake in the region. However, increasing populations...

 February 7, 2025

Google Launches Gemini 2.0 AI Models Suite

On February 5, 2025, Google revealed Gemini 2.0, its latest suite of advanced artificial intelligence models. This launch includes several models tailored for different user needs. The Gemini...

 February 7, 2025

Import Duty Waivers on Life-Saving Drugs in 2025

The Union Budget 2025 introduced changes in import duties on life-saving drugs. The government has waived import duties on 36 essential medicines and reduced duties on another six....

 February 6, 2025

Significant Tax Cuts and Economic Implications in India

The Government of India introduced substantial tax cuts in the Union Budget, marking a very important moment for the middle class. These changes aim to stimulate economic growth...

 February 6, 2025

Trump’s Tariffs on EU

The imposition of tariffs by US President Donald Trump on Canada, Mexico, and China marks shift in trade policy. Announced on February 1, 2025, these tariffs were initially...

 February 5, 2025

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