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At the interbank foreign exchange, the Rupee opened at 83.36 against the dollar and touched a low of 83.38 in the initial trade, registering a fall of seven paise over its previous close. | Photo Credit: The Hindu The Rupee depreciated seven paise to 83.38 against the U.S. dollar in early trade on April 12,…
Read More “Rupee falls seven paise to 83.38 against U.S. dollar in early trade” »
Photo used for representation purpose only. | Photo Credit: Reuters India’s economy is expected to remain robust over the next two years even though headline growth in the country’s Gross Domestic Product (GDP) is forecast to slow from 7.6% in 2023-24 to 7% this year before improving to 7.2% in 2025-26, the Asian Development Bank…
Read More “ADB pegs India’s GDP growth at 7% in 2024-25, 7.2% next year” »
File picture of Vistara CEO Vinod Kannan | Photo Credit: KAMAL NARANG After facing significant flight disruptions recently, Vistara CEO Vinod Kannan on Thursday told the airline staff that the “worst is behind us” and operations have already stabilised. Pilot woes have forced the Tata Group airline to temporarily cut down capacity by 10% or…
Read More “Vistara Airlines CEO says ‘worst is behind us’; operations have stabilised” »
He was ranked the sixth richest person in the world in 2008 but a series of setbacks — the latest being the Supreme Court setting aside a ₹8,000 crore arbitral award that was granted in favour of a firm in his group — reversed his fortunes. An MBA from Wharton School, Anil Ambani, 64, the…
The ADB’s growth forecast for India for FY25 is in line with the projections made by the Reserve Bank of India. | Photo Credit: REUTERS The Asian Development Bank (ADB) on Thursday raised India’s GDP growth forecast for the current fiscal to 7 per cent from 6.7 per cent earlier, saying the robust growth will…
People hold posters as they stage a protest against unemployment and various other demands, in Dehradun. | Photo Credit: ANI Unemployment and price rise are the key concerns of nearly half the electorate, the CSDS-Lokniti pre-poll survey in the run-up to the 2024 general elections revealed. This was a significant finding in the first part…
Read More “lokniti-csds 2024 pre-poll survey reveals key issues in 2024 lok sabha elections” »
Irrespective of macro-economic indicators used to prove the point that the economy is doing well, voters are worried about the empirically lived economy that they experience. Image for representation | Photo Credit: Getty Images/iStockphoto As the campaign hots up and voters in some parts gear up for voting, all the masala required for the Opposition to…
Read More “CSDS-Lokniti pre-poll survey | Economy takes front seat in 2024 campaign” »
Job seekers at attend Aspire 2024 jointly organised by District Employment office and Vocational Higher Secondary Department at SRV Government Vocational Higher Secondary School in the city. | Photo Credit: THULASI KAKKAT In an electoral battle, issues are shaped through three processes. First, issues that are pushed by the talking classes, the media, the opinion…
People find it hard to get economically sustainable occupations in big cities, small towns, and even in rural areas. Image for representation. File | Photo Credit: AFP Price rise and unemployment have emerged as serious concerns for a significant majority of Indians. There is a consensus that employment opportunities at all levels have gone down…
Read More “CSDS-Lokniti pre-poll survey | In search of a dignified economic life” »
A decorated structure in the shape of a lotus at the BJP headquarters in New Delhi. File | Photo Credit: The Hindu The BJP promised good days — a prosperous future — for the citizens in its 2014 campaign. There has also been a lot of talk about expanding India’s economy in order to make…
