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.
Recent trends indicate a potential slowdown in India's economic growth for the second half of FY25. Economists are projecting a real GDP growth rate between 6.4% to 6.6%....
Punjab's agricultural landscape faces challenges in tomato processing. The Kissan ketchup plant in Patiala requires 10,000 metric tonnes of tomato paste annually. However, only 500 metric tonnes are...
The Government of India partnered with the Asian Development Bank (ADB) to enhance the country's logistics sector. They signed a $350 million policy-based loan under the Strengthening Multimodal...
The recent report by the World Health Organization (WHO) and the Global Antibiotic Research and Development Partnership (GARDP) marks the urgent issue of antibiotic shortages in low- and...
The medical tourism sector in India is experiencing challenges in 2024. Recent political instability in Bangladesh has severely impacted the inflow of medical tourists. The closure of borders...
In recent years, Syria has become a major hub for the production of Captagon, an amphetamine-like stimulant. The drug's trade has emerged as financial lifeline for the government...
Real-time payments are transforming India's economy. A recent study by ACI Worldwide and The Centre for Economics and Business Research indicates that these payments will contribute to GDP...
India stands at crossroads in electronics manufacturing. With the global electronics market projected to reach $6.1 trillion by 2030, India aims to capture a 10% share. This strategy...
The Fiscal Responsibility and Budget Management (FRBM) Act is piece of legislation in India aimed at ensuring fiscal discipline. Introduced in 2000 and enacted in 2004, it mandates...
India's generic drug market plays important role in making healthcare affordable for its population. With percentage of out-of-pocket expenditure, generics provide essential alternatives to branded medications. However, concerns...
