Workers monitor the production line of drip tape fittings at a factory of DAYU Water Group Co, in Jiuquan, during an organised media tour in Gansu province, China October 18, 2024. | Photo Credit: REUTERS China’s economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter, the government said Friday (October 18, 2024)….
World Bank President Ajay Banga. File | Photo Credit: Reuters India’s growth rate is among the shiniest parts of the world economy, World Bank president Ajay Banga said on Thursday (October 17, 2024), noting that a lot of this is driven by the domestic market. “There is no doubt that India’s growth rate is among…
The EDLI scheme, launched in 1976, was to provide insurance benefits to members of the EPFO and to ensure that the families of members get financial assistance in case of death of the member. Photo: Facebook/socialepfo The Centre has decided to extend providing benefits of Employees’ Deposit Linked Insurance (EDLI) Scheme to all subscribers of Employees’…
Nitin Gadkari said the Ministry is constructing several highways and expressways, which will help reduce India’s logistics cost. File | Photo Credit: PTI Union Road Transport and Highways Minister Nitin Gadkari on Thursday (October 17, 2024) said India’s logistics cost will come down to single digits within the next two years. Addressing an event organised…
Ulka Kelkar from WRI India says, focusing on women in skilling and re-skilling labour at legacy industries could aid in ensuring a just and equitable transition to a low-carbon future
Image for representation only | Photo Credit: Reuters The Union Cabinet has cleared a 3% hike in Dearness Allowance (DA) for Central Government employees on Wednesday (October 16, 2024), ahead of the Deepavali festive season this year. The raise takes the DA now to 53% of the basic salary with effect from July 1, 2024….
Why some countries are rich while others are poor is a question that has been debated by economists for a long time now. Representational file image. | Photo Credit: AP The story so far: The 2024 Economics Nobel prize was awarded to U.S. economists Daron Acemoglu, Simon Johnson and James A. Robinson on Monday “for studies…
Economics Nobel winners Daron Acemoglu, Simon Johnson and James A Robinson being announced at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 14, 2024. | Photo Credit: Reuters The Royal Swedish Academy of Sciences on Monday (October 14, 2024) awarded the Nobel Prize in Economics to Daron Acemoglu, Simon Johnson and James…
Photo used for representation purpose only. File | Photo Credit: Sushil Kumar Verma India’s retail inflation shot back to a nine-month high of 5.5% in September, from 3.65% in August, thanks to a resurgence in food price rise to 9.24% after two months under the 6% mark. For rural consumers, inflation neared the 6% mark…
S&P Global Ratings in a report said the business groups such as Birla, Mahindra, Hinduja, Hero, ITC, Bajaj and the Murugappa groups have a record of conservative growth. File | Photo Credit: Photo: Twitter/@SPGlobalRatings “India’s large business groups will spend about $800 billion on growth over the next 10 years, almost triple of what they spent…
