“Stay updated with the latest economy news, global economic trends, and world financial updates. Get expert analysis on economic policies, markets, and more at Newsblare.”
India’s per capita income under Nehru Gandhi rule has been a subject of discussion for long because of the economic decisions taken in the period. Indian per-capita income fell by almost 90% during this period between the years of 1947 and 1991. From an independence-time $2,700, it had fallen by 1991 to $300. These economic
In a celebratory development for India, it is now the third most powerful country in Asia. Even better is that the country is now ahead of Japan and just behind China and the United States. According to the Asia Power Index, India has edged Japan out. Asia Power Index is a Lowy Institute metric that
India will eventually become the world’s largest nation by the century’s end, predicts John Chambers citing some key takeaways from the India-US strategic partnership insights. He sees that, by 2100, India will be 90-100% larger than China and that her economy will take off sharply as innovation and worldwide collaboration takes over. The right policy
Shocking Soros conspiracy is revealed as another Russian media outlet Sputnik has sounded out with shocking conspiracies about billionaire George Soros of the United States Deep State. Their stated plan was to drastically destabilize prime Indian institutions, mainly the State Bank of India and LIC. According to Sputnik’s claim, it comes through top industry sources.
The GST collection of India in August 2024 is revealed. The Goods and Services Tax (GST) is a comprehensive, multi-stage and destination-based tax which is put on every value addition. It is designed to replace multiple indirect taxes previously imposed by central and state governments thereby simplifying the tax structure. GST is important because it
The future value of Rs 1 crore after 30 years in India is very bad due to inflation. Inflation is the persistent increase in the prices of goods and services. Inflation reduces the price stability of a country and it reduces the value of a country’s currency as less goods can be bought from the
Himachal Pradesh is governed by the Congress as they won by a huge majority in the december 2022 elections and won 48 seats out of 68 member Himachal Pradesh assembly. Congress led Himachal Pradesh facing financial crisis due to freebies which has affected a lot of people and residents of Himachal Pradesh. Himachal Pradesh which
George Soros who is 94 years old is reportedly distressed after his alleged Hindenburg Conspiracy against India didn’t have the desired impact. The famous investor is said to be in shock as he has suffered a major setback. According to reports Soros didn’t celebrate his birthday as Indians didn’t take the Hindenburg report seriously. BJP
The Ambani family has taken a remarkable position in India’s financial prospect. According to the 2024 Barclays-Hurun India report, the Ambani Family Net Worth is now almost 10% of the country’s Gross Domestic Product (GDP). This is a huge amount and the Ambanis have topped the list of the most valuable family businesses in India
Since January 2020 America’s debt has increased by 50 percent. This debt went from 23 trillion dollars to 35 trillion dollars. This rapid increase is alarming as the interest on this debt is also rising fast due to higher rates. These rates are now around 5 percent. Next year the interest alone is expected to
