Union Minister for Road Transport and Highways Nitin Gadkari underscored the importance of well-maintained road infrastructure in enhancing regional connectivity, facilitating economic growth, promoting tourism, and improving commuter convenience.
India’s states are discovering an uncomfortable truth: economic growth and economic security are not the same thing.
India possesses more than 200 billion tonnes of proven coal reserves and nearly 400 billion tonnes of total geological coal resources, making it one of the most coal-endowed nations in the world.
India's economic growth could slow by up to 80 basis points if crude averages $130 per barrel in 2026, said S&P Global Ratings on Tuesday.
Amid escalating tensions in West Asia, the Asian Development Bank (ADB) said in a report that economic growth across Asia is likely to slow, even if oil prices stabilise in the coming months.
India's economic growth will exceed 6.5% in the next fiscal, up from 6.3% this year, said Moody's Ratings on Wednesday. It cited the higher government capex and consumption boost from tax cuts and interest rate reduction for this growth.
Uttar Pradesh has emerged as a leader in the digital revolution and economic progress from Direct Benefit Transfer (DBT) to digital transactions. With a remarkable rise in Gross State Domestic Product (GSDP), the state is setting an inspiring example for the nation.
India’s economic growth is often measured by rising consumption and expanding credit access. However, a closer look at recent spending patterns reveals an alarming trend; Indians are allocating nearly a third of their income to loan repayments.
The Reserve Bank of India’s (RBI) decision to cut the repo rate by 25 basis points to 6.25 per cent marks a turning point in the country’s monetary policy after nearly five years of a steady stance.
With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.
