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Page-21 of Economic Growth

Economic growth refers to the increase in a country's production of goods and services. It is measured by the rise in Gross Domestic Product (GDP). This growth can lead to improved living standards. It often results in more job opportunities. However, it can also create challenges, such as income inequality. Sustainable growth is essential for long-term prosperity.

Sri Lanka’s Energy Hub Development with India and UAE

Sri Lanka is set to embark on an ambitious energy hub project in collaboration with India and the United Arab Emirates. This initiative aims to harness the island's...

 April 26, 2025

India’s PM E-DRIVE Scheme Faces Early Subsidy Depletion

The Government of India has announced that subsidies for electric two-wheelers and three-wheelers under the PM E-DRIVE scheme may run out sooner than anticipated. This scheme aims to...

 April 26, 2025

India’s Poverty Reduction Achievements

Recent data from the World Bank indicates that India has made progress in poverty reduction. Between 2011-12 and 2022-23, approximately 170 million individuals were lifted out of poverty....

 April 26, 2025

Global Gold Price Surge Amid Economic Uncertainty

The global gold market has recently experienced surge in prices, primarily driven by economic uncertainties stemming from tariffs imposed by the United States. As of April 2025, gold...

 April 25, 2025

RBI Caps FEMA Violation Penalties to Ease Compliance

The Reserve Bank of India (RBI) announced reform in the Foreign Exchange Management Act (FEMA) regulations. The new policy caps penalties for violations at ₹2 lakh. This change...

 April 25, 2025

Namo Bharat Rapid Rail

The Namo Bharat Rapid Rail project was inaugurated by Prime Minister Narendra Modi on April 24, 2025. This initiative aims to enhance connectivity between Jaynagar and Patna. It...

 April 25, 2025

Maharashtra’s Electric Bike Taxi Policy

Maharashtra has recently launched an Electric Bike Taxi Policy to enhance last-mile connectivity and promote electric vehicle (EV) use. This initiative aims to create job opportunities while ensuring...

 April 24, 2025

South Asia’s Economic Future

Global trade dynamics have shifted dramatically. Tariffs have been both announced and suspended, leading to market fluctuations. The impact of these changes is deep and will likely affect...

 April 24, 2025

Non-Tariff Barriers

The issue of non-tariff barriers (NTBs) has gained prominence in international trade discussions. Recently, US Vice President JD Vance brought into light these barriers during his visit to...

 April 24, 2025

Reserve Bank of India’s Standing Deposit Facility

The Reserve Bank of India (RBI) has reported increase in the utilisation of the Standing Deposit Facility (SDF) by banks. This trend indicates a heightened demand for precautionary...

 April 23, 2025

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