The anti-poverty agency predicts global growth will decelerate slightly from a solid 3.1 per cent this year to 3 per cent next year and 2.9 per cent in 2020. The world economy is generally healthy but must contend with rising interest rates in wealthier countries and weaker demand for commodities in developing nations. It also … Read more
According to the global ease of doing business report, India jumped up 30 notches into the ‘ease of doing business’ index. India now ranks 100 globally as compared to previous year’s 130. Not only opening a new business is easier than ever, the government has also reduced from 30% to 25% the corporate tax for the businesses … Read more
ADB Chief Economist has said that growth is driven more by domestic consumption than exports. The ADB has projected India to remain the fastest growing Asian nation with 7.3 percent growth in 2018-19, and 7.6 percent in 2019-20. The size of India’s economy is about 2.5 trillion US dollars currently, making it the sixth largest … Read more
Travelling economy class? Like the majority of budget-conscious travellers, economy class is either the only option or the most logical way to travel. After all, business class is for corporate travellers, considering the high-priced tickets which are normally paid by company expenses. Despite economy class being labelled rather unsavorily with names such as cattle class, … Read more
New Delhi : Seeking to boost note ban and GST-hit economy, Finance Minister Arun Jaitley today announced a massive Rs 6.92 lakh crore infrastructure spending and another Rs 2.11 lakh crore for bank recapitalisation to revive investments as well as growth. Flanked by all his five secretaries and Chief Economic Advisor, Jaitley reeled out economic indicators … Read more
