India has become one of the most equal societies in the world, ranking fourth globally in income equality with a Gini Index of 25.5, according to the latest World Bank data.India stands next only to the Slovak Republic, Slovenia, and Belarus which have better income equality scores. India’s score is better than that of major…
India has achieved substantial success in diminishing poverty rates. (AI image) India’s poverty rate is expected to come down further to 4.6 per cent in 2024, according to a State Bank of India (SBI) report. A new World Bank report projects that India’s extreme poverty has come down drastically in the last ten years, from…
Moody’s Cuts India GDP Growth: टैरिफ पर ग्लोबल टेंशन के बीच भारत के लिए आर्थिक मोर्चे पर ये खबर झटका देने वाली है. अंतरराष्ट्रीय रिसर्च फर्म मूडीज ने भारत की जीडीपी ग्रोथ रेट के अपने पूर्ववर्ती अनुमान 6.4 प्रतिशत को अब घटाकर 6.1 प्रतिशत कर दिया है. हालांकि, अमेरिका की तरफ से टैरिफ पर लगाए…
The upcoming Union Budget 2025 is expected to announce a 20 per cent rise in the country’s capital expenditure, according to a report by global accounting agency EY. The hike in capex spending would target fueling economic activity, put more disposable income in people’s hands and land the fiscal deficit at 4.4 per cent of…
NEW DELHI: Former Prime Minister Manmohan Singh, who passed away on Thursday, will be remembered for steering India through a transformative decade of economic growth and development.From 2004 to 2014, under his leadership, India achieved an average growth rate of 7.7%, evolving into a nearly two trillion-dollar economy and solidifying its position as a global…