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Union minister Nitin Gadkari will inaugurate and lay the foundation of highway projects of worth Rs 4,000 crore in Odisha on Thursday, a official launch said. The Union Minister for road delivery and highways welcomed by Chief Minister Mohan Charan Majhi and national BJP president Manmohan Samal upon his arrival at the Biju Patnaik International
Union Budget 2025 is all set to be revealed with a plethora of promises but prices of everyday essentials such as soaps, toothpaste, cooking oil, tea, coffee, and fruit juices are likely to go up in the coming months, which could be a blow to household budgets. Leading Fast-Moving Consumer Goods (FMCG) companies, including Hindustan
The Indian stock market is facing issues arising from the slowdown in economic growth, foreign capital outflows, and uncertainty over global factors like the US Federal Reserve’s interest rate trajectory and trade policies under Donald Trump. Against this background, the market participants are eagerly looking at the Union Budget 2025 to be presented by Finance
Former US President Donald Trump recently proposed the “External Revenue Service,” a plan to significantly change the US trade policy. Most notably, Shenoy flagged some risks associated with the policy: vast implications for the economy at large. Who is Deepak Shenoy, and why does his analysis matter in this? January 15, Trump announced on X
The much-awaited Union Budget 2025 is finally around the corner, and Finance Minister Nirmala Sitharaman will present it on February 1. Before this, heated discussions with multiple stakeholders in different sectors are taking place with recommendations and concerns ahead of shaping the economic and developmental roadmap of India. Here is what to expect in the
The Union Budget 2025, scheduled for February 1, has created an expectation of major income tax relief for salaried individuals. With inflation and the cost of living increasing, most taxpayers are looking forward to measures that would ease their financial burden. Economists are also advocating for reduced income tax rates and reforms to boost savings,
India’s economic narrative has long been one of optimism and resilience, often accompanied by ambitious goals of achieving global economic prominence. On the other hand, the recently published GDP numbers for the 3rd quarter—the 5.4% growth rate—have introduced a kind of plot twist to this narrative. Even though this pace is the lowest in 7
India’s economic growth was lowered to 5.4% in the July-September quarter of FY25. The reported point was the country’s weakest in nearly two years. India, however, resumed to lead the list of large economies by development, leaving China behind with a 4.6% expansion in the same period. The deceleration exposes weakness in regions such as
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
