In what has been a tough period for the global economy, India has been one of few success stories in recent months. But a recent State of the Indian Economy report issued by the Reserve Bank of India (RBI) has revealed the positive growth seen in the last quarter of the 2022/23 fiscal year has
On the surface, India’s overtaking China as the world’s most populous nation seems like a positive development. Another impressive statistic about India is the 40% of its young population. If and when we become the world’s No. 1 economy and actualise the aspirations of 1.4 billion Indians, these numbers and milestones will become meaningful. What
The currencies of a particular country play a vital role in determining its strength and wealth. It contributes to the well-being and economy of the country. Moreover, it is said that the strongest the currency, the more stable the country. If we talk about the richest currency in the world, the Kuwait Dinar of Kuwait
According to UNFPA, these countries have populations under one million.A nation is made up of people, not infrastructure and physical assets. Humans are the most important resource in any country. Studying population dynamics allows us to gain a better understanding of the resources that influence human population size, characteristics, growth, and distribution in any given
India is known to be one of the beautiful and most historic countries in the world. Before talking about the richest state in India and the GDP growth, we should explore Indian history. Its history and tradition are something that always attracts people from all around the world. Along with its beauty, India is also
As a result of multiple upheavals, the US’ unchallenged unipolar supremacy and the dollar’s primacy as the world’s reserve currency are under pressure. Due to the dollar’s reserve currency status, there is a virtually endless demand for it, allowing US companies to borrow money internationally. Approximately 88% of world trade in 2022 will be conducted
Francois Villeroy de Galhau, governor of the Bank of France, warned at the beginning of March that French inflation will persist in the country over the next two to three years. PARIS, April 14 (Xinhua) — The French National Institute of Statistics and Economic Studies (INSEE) revised upwards on Friday the country’s March consumer price
China plays crucial roles in world affairs including trade and defense, therefore, it is essential to observe its recent budget allocation to different areas like defense. According to Global Times, China aims to achieve an annual GDP increase of 5 % this year. This target seems lowest in recent years. On the other hand, the
New Delhi, February 21, 2023: It is not at all inconceivable for India to achieve an economy of $47 trillion by 2047, given the continuance of good governance that the country has seen over the past eight-nine years, its immense talent pool, and diasporic support the nation commands. Shri Piyush Goyal, Union Minister of Commerce
We must prepare for a future of either completely deadlocked, polluted and unlivable urban grids – or successful implementation of Transit-Oriented Development India’s population is expected to exceed 550 million people by the end of 2030, and the burden on urban space in the country’s bigger cities will be mind-boggling. One of the biggest concerns urban
