Continuing with the trend of recovery of the economy following the devasting effects of the Covid-19 pandemic, the Indian economy grew by 13.5% during the first quarter of the current financial year. It was revealed in the estimates of Gross Domestic Product for the April – June quarter of the FY 2022-23 published by the Ministry of … Read more
After India banned the export of wheat and broken rice, and in light of the ongoing Russia-Ukraine war that has impacted global trade, there is a perception that there is a decline in exports from India which will have a negative effect on the Indian economy. There were concerns about the reduced growth rates in exports to Europe and USA, … Read more
Prime Minister Narendra Modi launched the National Logistics Policy at Vigyan Bhawan in New Delhi today. The policy is aimed at promoting a seamless movement of goods in the country and enhancing the competitiveness of the industry. It is expected to focus on areas such as process re-engineering, digitisation, and multi-modal transport. The policy will streamline rules … Read more
India has made extraordinary progress in the global innovation index rating, ranking in the top 40 for the first time, according to the World Intellectual Property Organization’s (WIPO) annual report released on September 29. India is now ranked 40th in the Global Innovation Index (GII) 2022 rankings, up six spots. India has moved up 41 … Read more
On Wednesday, the International Monetary Fund (IMF) said that India’s digital cash transfer scheme and several other social welfare programs are a ‘logistical marvel’. While addressing a Fiscal Monitor press conference, Paolo Mauro, Deputy Director of the Fiscal Affairs of India, asserted that there is a lot to learn from India. “From India, there is … Read more
On Thursday, the International Monetary Fund (IMF) lauded India as “a bright spot in a dark horizon” owing to India’s fast-growing economy even in challenging times. India, according to IMF Managing Director Kristalina Georgieva, deserves to be called a bright spot on this otherwise dark horizon because it has been a fast-growing economy even during these difficult times. … Read more
Today India as a nation-state is looking upwards, there is a positive mood, and the economy is moving Northwards. Stock markets are good and GDP growth is getting a thumbs up from economists and rating organizations across the world. We have a very healthy FOREX reserve. We have done a great job in IT, ITES, like BPO … Read more
Inflation, or “Mehengai,” is a term that often sends shivers down the spine of any economy, especially when it skyrockets. High inflation rates can strain both the pockets and patience of citizens. So, it’s pretty impressive when a leader manages to keep it under wraps. This is the tale of Prime Minister Narendra Modi, whose … Read more
As the Modi government marks a decade in power amidst ongoing Lok Sabha elections, the ruling BJP is campaigning on its track record, particularly highlighting infrastructure development under Prime Minister Narendra Modi’s leadership. PM Modi has consistently emphasised the transformation in various aspects of infrastructure, including roads, railways, airports, and metro systems. Even opposition parties acknowledge the significant strides … Read more
In very eloquent language, editors of the English print media would often write on the need to withdraw the Armed Forces Special Powers Act 1958, known as AFSPA. This act was termed draconian because of the powers it gives to our Armed Forces (Kill anyone, arrest anyone etc) in areas where it is implemented. The … Read more