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 Cabinet Committee on Economic Affairs (CCEA) in India has approved a new ethanol procurement price for the Ethanol Supply Year (ESY) 2024-25. This decision is aimed at...
In December 2024, the Government of India initiated a safeguard duty probe on steel imports. This decision followed intense lobbying by the Indian Steel Association (ISA). The move...
The Africa Energy Summit held in January 2025 in Dar es Salaam, Tanzania, marked a very important moment for energy access across the continent. Twelve African nations launched...
The Federal Reserve (Fed) is poised to maintain its key interest rate at approximately 4.3% during its upcoming policy meeting. This decision follows recent comments from former President...
The Reserve Bank of India (RBI) announced measures to enhance liquidity in the banking system. This decision was prompted by a liquidity deficit estimated at ₹3 lakh crore,...
The Directorate General of Foreign Trade (DGFT) has launched the enhanced Certificate of Origin (eCoO) 2.0 System. This upgrade aims to simplify the certification process for exporters. It...
The Utkarsh Odisha – Make in Odisha Conclave 2025 is poised to be a very important event for the state of Odisha. Scheduled for January 28-29, this two-day...
The International Year of Cooperatives 2025 is initiative aimed at enhancing the cooperative sector in India. Under Prime Minister Narendra Modi's leadership, the government is committed to making...
The Reserve Bank of India (RBI) has updated its guidelines for Asset Reconstruction Companies (ARCs) to enhance the recovery process from borrowers. The revised 'Master Direction' was issued...