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India set to move into upper-middle-income group by 2030 & join China: SBIIndia is likely to enter the upper-middle-income group by the end of this decade, joining China and Indonesia, according to a report by the...- '6.5% growth rate means India stuck in lower-middle income trap': P Chidambaram calls for 'Manmohan Singh-like courage'Senior Congress leader P. Chidambaram said India’s 6.5% growth rate should not be seen as a success but as a sign that the country remains ...
- India-US trade agreement will be big shot in the arm: Arvind PanagariyaAn India-US trade agreement is expected to significantly boost India's economy. Arvind Panagariya anticipates increased investor interest a...
- Tiny Slovenia surpasses mighty Austria, one of the world’s richest nations, in Human Development Index — here’s how it did itSlovenia HDI ranking has officially surpassed Austria, marking a major win for the small European country. This shift in the Human Developm...
- Baku COP29: Will climate finance hit the $1 trillion mark?COP29 in Baku is set to focus on climate finance, aiming to establish a multi-layered goal for mobilizing development funds and investments...
- Despite war and sanctions, Russia becomes a high-income economyDespite Western sanctions over the Ukraine war, Russia has transitioned from an upper-middle to a high-income economy, according to the Wor...
- India ranked 134 out of 193 countries on United Nations Human Development Index for 2022India's ranking on the United Nations Human Development Index (HDI) climbed one spot in 2022 to 134 out of 193 countries, with a slight inc...
- Private capital expenditure to pick up in coming years: MPC member Jayanth R VarmaRBI Monetary Policy Committee member Jayanth R Varma predicts that capacity utilization is increasing and private capital expenditure will ...
- Countries like India need policies based on reliable data for sustainable growth: World Bank's GillMiddle-income countries like India need reliable data to formulate policies for sustainable growth and join the league of high-income natio...
- China's economy grew 3.2% in 2022, well below forecast: Centre for Economics and Business ResearchChina is an upper-middle-income country with a PPP-adjusted GDP per capita of $21,291 as of 2022.Cebr in the report -- World Economic Leagu...
- US, EU oppose India's subsidy cut waiver proposalThe US and EU have argued that the proposal before the World Trade Organisation (WTO) – which seeks to exempt countries with national incom...
- View: India needn’t worry about the ‘middle-income trap’India doesn’t have a middle-income trap problem. It has a problem of muddled thinking on economic policy.
- India's per capita income grows by 8.6% to Rs 1.13 lakh in FY18The per capita net national income in 2016-17 stood at Rs 1,03,870, witnessing a growth of over 10.3 per cent from the preceding fiscal end...
- Facing WTO threat, government plans new schemes for job creationThe government is mulling new schemes linked to job creation and manufacturing clusters, especially in the case of textiles and apparel whe...
- India's per capita income rises 9.7 per cent to Rs 1.03 lakh in FY17The per capita income at current prices during 2016-17 is estimated to have attained a level of Rs 1,03,219 as compared to the estimates fo...
- Government sees FY17 per capita income rising 10% to Rs 103,818The per capita national income during 2015-16 stood at Rs 94,178, an increase of 8.9 per cent from the previous fiscal.
- India's per capita income rises 7.4% to Rs 93,293India's per capital income rose by 7.4 per cent to Rs 93,293 in 2015-16, compared to Rs 86,879 in the preceding fiscal, government data sho...
- Among EMs, mobile broadband least affordable in indiaAlthough prices of telecom services are lower in absolute terms compared to other emerging market and developed economies, they are much hi...
- India up five slots but still 130th on HDIIndia ranked a lowly 130 in the HDI even if up from last year's 135 in the list of 188 nations, thanks to higher life expectancy and gross ...
- In India, 80% of women don’t have bank accounts: UNDP reportAs per the report released by the UNDP on Monday, the Human Development Index (HDI) rank of Bangladesh and Pakistan was 142 and 147, respec...
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