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MGNREGA ECONOMIC IMPACT 2024
Pet pythons escaped into Florida in the 1970s, spread for decades through the Everglades, then a hurricane carried them south, and now the Key Largo woodrat may disappearEndangered rodents in Key Largo face a crisis. Invasive Burmese pythons, spreading after Hurricane Irma, are decimating Key Largo woodrat p...
Tata Motors PV shares plunge 10% after weaker than expected JLR FY27 guidanceTata Motors Passenger Vehicles shares dropped significantly. This followed Jaguar Land Rover's investor day where its financial outlook for...
Why a strong El Niño leaves tropical commodities acutely exposedForecasters anticipate a strong El Nino developing later this year, likely boosting global temperatures and disrupting rainfall patterns. T...
How Brexit is estimated to have hit the UK economyBritain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity,...
CAG asks states to disclose off-budget borrowings in A/CsIndia's Comptroller and Auditor General, K Sanjay Murthy, urged state governments to fully disclose their off-budget borrowings. He highlig...
Finmin to engage with states over looming El Nino falloutThe Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review wil...
States' expenditure rises 131% in 10 yrs on welfare, development: CAG ReportStates' spending surged 131 percent from 2015-16 to 2024-25. Welfare and development drove this growth. Revenue expenditure remained the la...
UP, Gujarat, Jharkhand, 10 other states record revenue surplus in FY25: CAG reportFifteen Indian states faced revenue deficits in the fiscal year 2024-25. Thirteen states, however, reported revenue surpluses. The Comptrol...
Fiscal stress deepens across states as all 28 post deficits in FY25: CAG reportIndia's states continued to face mounting fiscal pressures in 2024-25, with all 28 states reporting fiscal deficits and their combined liab...
India's fiscal policy is evolving to support domestic growth: S&P GlobalIndia is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long...
US emergency oil stockpile plunges to lowest level since Reagan era amid West Asia warAmerica's emergency oil reserve has fallen to its lowest point since 1983. This significant drop follows extensive releases to manage econo...
Era of software and MBA is over; time to respect welders, plumbers and electricians: Chief Economic Advisor Nageswaran"The technological advance cannot take away your employability. So you should equip yourself with trade skills. The globalising world gave ...
Centre allocates Rs 8,500 crore for Bengal under VB-G RAM G scheme: CM AdhikariWest Bengal Chief Minister Suvendu Adhikari announced significant central government allocations for rural development schemes. He launched...
US-Iran peace deal may help boost India's exports, stabilise rupeeA peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's ex...
Question is affordability, whether other expenditure can benefit people more than freebies: CEA Nageswaran pitches for focused welfare interventionsNageswaran said the issue should be looked at sensibly rather than on an emotional plane and the question that needs to be asked is if it i...
Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
More working women, not more babies, key to growthIndia faces a demographic shift with falling fertility rates. Economists are concerned about future economic growth. Instead of financial i...
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
Centre announces Rs 95,692 crore interim allocation under VB-G RAM GAnnouncing a significant investment of over Rs 95,000 crore, the Centre is launching the VB-G RAM G scheme, effectively taking the place of...
Centre approves 153 lakh person-Days under MGNREGS for West Bengal; New rural employment framework to roll out from July 11The Centre has approved a substantial labour budget of 153 lakh person-days for West Bengal under the MGNREGS for June 2026. This initiativ...