ECONOMIC
Will less (people) bring more (peace)? The UN Department of Economic and Social Affairs predicts that global population will peak around 10.3 billion by the end of this century. This demographic shift will lead to profound economic and societal changes. With fewer people and longer lifes...
12 Jul, 2024, 11.21 PM ISTAdani Group to invest Rs 20,000 crore in Vizhinjam port's remaining phases The Adani Group has announced plans to invest an additional Rs 20,000 crore to complete the remaining phases of the Vizhinjam International Seaport in Kerala. This port, the first transshipment port in India, is being developed by Adani Ports and Sp...
12 Jul, 2024, 07.44 PM ISTPM Modi stresses on BIMSTEC's role as engine for economic, social growth Prime Minister Modi reiterates India's commitment to BIMSTEC during a meeting with foreign ministers of member states. Discussions revolved around strengthening cooperation in connectivity, energy, trade, health, and security. The focus remains on u...
12 Jul, 2024, 05.44 PM IST
India's economic growth masks deepening income inequality & sectoral disparities The Indian economy is experiencing robust GDP growth, macroeconomic stability, and significant foreign capital inflows. However, there is a stark disparity in growth rates between the top 20% and the rest of the population. Despite a GDP growth rate...
12 Jul, 2024, 01.19 PM ISTPM Modi's systematic bludgeoning of MSMEs has been economic catastrophe: Congress The Congress accused the government of harming MSMEs and the economy, citing a report by India Ratings. They blamed PM Modi for the negative impact of demonetisation, GST, and the lockdown. The report showed a decline in the unorganised sector, job ...
10 Jul, 2024, 06.03 PM ISTSC stays Gujarat HC order on taking back land given to Adani Group firm near Mundra port The Supreme Court stayed a Gujarat High Court order requiring the state to reclaim 108 hectares of grazing land allotted to an Adani Group entity near Mundra port. The bench of justices B R Gavai and K V Viswanathan issued the stay after Adani Ports...
10 Jul, 2024, 02.56 PM ISTUkraine conflict, economic agenda to be focus of Modi-Putin summit talks Prime Minister Narendra Modi's visit to Russia for the 22nd India-Russia annual summit with President Vladimir Putin will focus on enhancing cooperation in energy, trade, manufacturing, and fertilizers. Discussions will also address the Ukraine conf...
09 Jul, 2024, 11.26 AM ISTCommercial vehicle sales surpass expectations, indicating strong economic activity Sales of commercial vehicles increased last quarter, driven by strong replacement demand and continued government infrastructure spending. More than 234,000 trucks and buses were sold in the local market in the three months ended June, exceeding exp...
09 Jul, 2024, 12.14 AM IST'Cronyism' is Modi govt's primary economic policy: Congress The Congress party criticised the Modi government for fostering cronyism, citing a media report showing increased market concentration in key industries under PM Modi's watch. Congress general secretary Jairam Ramesh highlighted concerns about oligo...
08 Jul, 2024, 05.58 PM ISTNew UK government faces tough economic challenge The Labour government in Britain has pledged to grow the economy following a landslide election victory over the Conservatives. Prime Minister Keir Starmer has promised investment in key areas such as health and education but also stressed the need ...
05 Jul, 2024, 06.11 PM ISTUK elections: Economic warnings dominate as campaign enters final day Britain's Keir Starmer and Rishi Sunak warned voters of dire economic consequences ahead of the national election. Starmer's Labour Party is poised for a big win, potentially ending 14 years of Conservative rule. Labour urges voters not to be compla...
03 Jul, 2024, 12.09 PM ISTChina stocks fall on economic data; HK jumps Market turbulence as private-sector survey highlights new order concerns, influencing Hang Seng Tech Index performance.
03 Jul, 2024, 11.00 AM ISTIntegrating climate finance into India's economic blueprint Pradeep S. Mehta, Secretary-General of CUTS International, suggested that India's 2024-25 Budget should include dedicated climate finance institutions through public-private partnerships during a webinar on accelerating private investment in climate...
01 Jul, 2024, 07.37 PM ISTEconomic cracks are getting exposed in the 2024 market bounty Dispiriting trends that have been visible for months now alongside the frenzy for megacap tech stocks and private credit – are on display yet again. Companies with dicey balance sheets have underperformed anew in June. Equal-weighted stock benchmark...
29 Jun, 2024, 10.26 AM ISTHas the global economic environment turned favourable for equities? Global economy's resilience amidst crises led to surprising growth stability and inflation control. Potential trade war threats loom, while equity markets soar to record highs, indicating positive economic outlook.
28 Jun, 2024, 11.13 AM ISTEconomic benefits of investing in WASH for corporates A noteworthy fact in the CSR spends of the past 5 years is the growing emphasis on healthcare, WASH and environment sustainability (JICA Report). This bodes well for achieving India’s net zero goals by 2070.
27 Jun, 2024, 04.12 PM ISTWater stress pouring into economic stress According to a CSE analysis, India experienced extreme weather events on 235 of the 273 days during Jan 1-Sep 30, 2023. The water emergency, however, is not just about scarcity. Rivers are polluted, traditional water harvesting systems are gone, cat...
26 Jun, 2024, 10.47 PM ISTChina premier calls to 'oppose decoupling' at economic forum Friction between the West and the world's second-largest economy has intensified in recent years, particularly as Beijing and Washington compete for supremacy in advanced technology and new "green" industries.
26 Jun, 2024, 10.37 AM ISTWorks of Ray Dalio for economic wisdom and investment guide The article lists the influential works of Ray Dalio, a prominent investor and entrepreneur. It begins with "Principles: Life and Work," where Dalio shares the unconventional principles that helped him build Bridgewater Associates into the world’s l...
25 Jun, 2024, 09.17 PM ISTCoalitions, building economic agreement India's economic reforms are not slowed down by re-entering coalition politics. The country has a history of tough decisions and reformist outcomes under coalition rule since the 1990s.
05 Jun, 2024, 10.15 PM IST