Bengal’s chance to plant a new tree
In O. Henry’s The Last Leaf, ailing Johnsy clings to life because one painted leaf refuses to fall. Such is the power of optimism; it does not need to be certain to be effective.
In O. Henry’s The Last Leaf, ailing Johnsy clings to life because one painted leaf refuses to fall. Such is the power of optimism; it does not need to be certain to be effective.
S&P Global Ratings cut India's GDP growth to 6.6 per cent in the current fiscal year, driven by energy stress, a sub-par monsoon and slowing global growth.
India's Gross Domestic Product (GDP) is set to grow at 6.6 per cent in the current fiscal as compared to 7.7 per cent in FY26, said BMI, a Fitch group company, citing weaker investments and consumption growth and trade shocks from the West Asia crisis.
India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
Prime Minister Narendra Modi on Friday welcomed India’s latest GDP data, calling it proof of economic resilience, reform impact and the hard work of 140 crore Indians.
External Affairs Minister Dr S Jaishankar represented India at the SCO (Shanghai Cooperation Organization) summit held on 3 and 4 July at Astana, Kazakhstan.
Notably, in the Interim Budget, the government targeted a fiscal deficit of 5.1% of GDP for FY25.
Leading global investment banking and securities firm Goldman Sachs in a note said the upcoming budget is likely to stick to the path of fiscal consolidation
Nauru, touted as the wealthiest nation in terms of GDP during the 1980s, is now described as one of the world's poorest and least visited countries.
Union Culture and Tourism Minister Gajendra Singh Shekhawat on Sunday said that the government will work towards increasing the contribution of tourism to GDP to 10 per cent from the current 6.2 per cent.
