The average monthly household expenditure in India has more than doubled over the past decade, as reported by the Ministry of Statistics and Programme Implementation on Saturday, February 24. The Household Consumption Expenditure Survey Report 2022-23 serves as a cornerstone in understanding the intricate economic dynamics of households across...
Delhi : Startled by the exodus of millions of labourers amid the Covid-19 lockdown, NITI Aayog has prepared a draft policy on migrants.
Eminent corporate lawyer — Gautam Khaitan has called National Policy on migrant labour essential for the overall development of the nation. While calling them “nation makers,” he...
The Reserve Bank of India (RBI) has brought down the key repo (repurchasing option) rate from 6.50% to 6.25% after holding the rate for two years. A repo rate is the interest rate at which commercial banks get short-term loans from the RBI. In the 53rd & first MPC...
By Dr. Adviti D, Assistant Professor, Economics, SRM University, AP
Earlier this year, Finance Minister, Mrs. Nirmala Sitharaman, announced the budget for 2024-25 on July 24, 2024, with a major focus on Agriculture, Skilling, MSME's and Middle Class. Additionally, they choose to focus on the improvement of the four vulnerable...
The government has suggested a 30 per cent tax on the transfer of any virtual digital asset. The finance minister said today in Budget 2022 that no deductions other than acquisition costs will be allowed, and no transaction losses will be carried forward. And, the second big move is...
The journey into the entrepreneurial mindset begins with a reflection on humanity's earliest days when Homo sapiens ventured beyond the African savannah in search of sustenance and security. Fast forward to the modern world; from the Industrial Revolution to the Information Revolution, humans have built products and technologies to...
Innovation has always been a driving force behind economic growth, and India is no exception. The Indian economy has been undergoing significant changes in recent years, with a strong focus on innovation and technology. In fact, in 2022, India made it to the top 40 countries in the Global...
By Prof. Y Siva Sankar Yellampalli – SRM University -AP.
In India's diverse and complex socio-economic landscape, the discussion around innovation and invention is incredibly important. As the country faces the challenges of the 21st century, a significant question arises: Does India need innovation or invention more urgently? This isn't...
The revival of Jet Airways will depend on the airlines' abilities to regain some of the profitable domestic and international routes. Without it, the airlines will face several hiccups, a seasoned market analyst has said.
Delhi : Market expert Deepak Talwar has said that Jet Airways, once India’s largest airline,...
Dr. P.S.Biswa Bhusan Sahoo- Astt. Professor – SRM University -AP.
The Indian government's budget for 2024 is a model of strategic forethought and sound economic judgment. This well-planned budget has paved the way for a new period of development, invention, and social advancement. The Union Budget 2024 has highlighted the...
