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.
India's mineral production has experienced notable growth, particularly in key minerals such as iron ore, manganese, aluminium, and copper. This growth is indicative of a robust demand across...
Government of India revised the wastage allowances for exporters of gold, silver, and platinum jewellery. Effective from January 1, these changes were introduced by the Directorate General of...
Recently, the Government of India has initiated fisheries development projects in Kerala, showcasing a commitment to bolster the local fishing industry and enhance coastal community resilience. The Muthalapozhi...
Recently, the Government of India has taken strides to bolster rural infrastructure in the North-Eastern region, particularly in Nagaland. The Ministry of Rural Development has sanctioned a new...
In October 2024, the Government of India announced advancements in rural road infrastructure for the northeastern states of Meghalaya and Nagaland. This initiative, sanctioned by the Ministry of...
The International Monetary Fund (IMF) has projected India's economic growth for the fiscal year ending March 2025 at 7%, a notable decline from the previous year's 8.2%. This...
The Government of India has announced a ten-year extension of the UDAN (Ude Desh ka Aam Nagrik) scheme, initially launched in 2016, aimed at enhancing regional air connectivity....
In 2024, the European Central Bank (ECB) has made headlines by implementing its second consecutive interest rate cut, reducing the benchmark deposit rate to 3.25% from a previous...
NITI Aayog, or the National Institution for Transforming India, was established on January 1, 2015. It replaced the Planning Commission and serves as the policy think tank of...
Goods and Services Tax (GST) was introduced via the 101st Constitution Amendment Act in 2016. GST aims to unify the country's tax structure under the slogan "One Nation,...
