Fragile Shield
For years, India’s economic story has rested on a comforting assumption: that strong domestic demand can insulate the country from global turmoil.
For years, India’s economic story has rested on a comforting assumption: that strong domestic demand can insulate the country from global turmoil.
A major healthcare facility is set to come up in the remote tribal belt of the Dharamjaigarh block in Raigarh district, where a 100-bed multi-speciality hospital will be established at Gawarghutori village to provide free medical services to economically weaker and tribal communities.
For nearly two decades, Indian politics has steadily moved towards a welfare consensus.
Maharashtra Chief Minister Devendra Fadnavis requested the Opposition not to mock Prime Minister Modi's austerity measures, suggested to save the economy in view of the ongoing crisis in West Asia on which India depends for its petroleum supply.
India has earned an endorsement from one of the world's top credit rating agencies, with Moody's Ratings placing the nation among the most resilient large emerging market economies over the past five years, which is a recognition that comes at a time when global financial markets remain on edge over trade tensions and geopolitical uncertainty.
The recent drop of the Indian rupee below the 84- per-dollar mark highlights a growing set of economic challenges for India, largely driven by external factors such as rising oil prices and the withdrawal of foreign investments from the equity market.
In 2016, the Prime Minister presented an ambitious vision to double farmers’ income by the end of 2022-23, a goal that held immense significance given the central role agriculture plays in India’s economy and the livelihoods of millions.
The agriculture sector is set to play a pivotal in realizing the dream to make Uttar Pradesh a one-trillion-dollar economy.
Argentina’s economic crisis has reached an alarming point, with poverty rates expected to surpass 50 per cent.
The Indian economy is projected to grow faster at 7.1 per cent this fiscal (FY25), Moody’s Analytics said on Tuesday, as the country continues to remain resilient amid global uncertainties.