Repurpose wealth to make it relevant
Should the world de-grow to delay hitting the limits of growth? There is a growing outcry that the relentless push for GDP growth is causing social inequity and irredeemable planetary damage.
Should the world de-grow to delay hitting the limits of growth? There is a growing outcry that the relentless push for GDP growth is causing social inequity and irredeemable planetary damage.
US economic growth was even stronger in the third quarter than previously estimated, underscoring the economy’s remarkabale resilience in the face of elevated inflation and high borrowing costs earlier this year, a media report said.
The Eurozone is poised to escape a severe contraction, a relief in itself, yet the growth figures projected for the coming year are far from inspiring.
Goldman Sachs highlighted that India's real GDP growth will decline marginally to 6.3 per cent in 2024 from the 6.4 per cent estimated for 2023 citing the upcoming Lok Sabha elections.
The report further said that the State Bank of India and the leading private-sector banks have largely addressed their asset-quality challenges.
India is likely to surpass Japan to become the world's third-largest economy with its GDP doubling to $7.3 trillion by 2030, according to the latest S&P Global Market Intelligence report.
The global call for climate action reflects equally in India’s reaffirmed commitment established through its updated Nationally Determined Contributions (NDC) from the 27th Conference of Parties (COP).
India’s external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the…
It is to be noted that in the year-ago period, the CAD was $17.9 billion, or 2.1% of the GDP.
The term ‘Amrit Kaal’, a Vedic astrological term, was first used in context of India’s economic and social development by…