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Rs 1 lakh salary in India? Guess what you need in the US for same lifestyle. CA breaks it downA Chartered Accountant (CA) has broken down the stark difference in purchasing power between India and the US, revealing that a salary of R...- New payment systems could weaken dollar dominance and spike De-dollarization: JP MorganThe signs of De-dollarization are evident in the commodities space, where energy transactions are increasingly priced in non-USD currencies...
- 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...
- Two years into COVID, was $800B payroll aid plan worth it?Now, almost two years after the program made its debut, the question is what taxpayers got for the $800 billion. The Biden administration s...
- U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations: ReportThe investigation is examining whether Kabbage and other fintech companies miscalculated how much aid borrowers were entitled to from the P...
- Our service chiefs may earn more than US generalsThe Indian Army chief and his counterparts in the IAF and the Navy will draw more salary than the US generals once the 7th Central Pay Comm...
- What India’s return as fastest growing emerging economy really meansGrowth rate alone, however, is a misleading indicator; even a small absolute change in the economies of countries with a low GDP base will ...
- India's government expenditure on health among the lowest in the worldWhen it comes to government expenditure on health, India's is among the lowest in the world at merely 30.5 per cent of total health expendi...
- ET explains the concept of purchasing power parityIndia overtook Japan in 2011 to become the world's third largest economy in purchasing power terms. ET explains the concept of purchasing p...
- India overtakes Japan to become third-largest economy in purchasing power parityIts economy may be in the grips of a slowdown, its polity paralysed and markets morose, but all this hasn't prevented India from overtaking...
- The poverty wars and impossibly low poverty line of IndiaNo one questions the World Bank's stance that 1.4 billion people in developing countries live on $1.25 a day or less. But that does not def...
- Crude costs same in all nations: GovernmentThe oil ministry on Sunday said the price of crude was "mercilessly uniform across the nations, regardless of the purchasing power of their...
- For petrol, Indians shell out the most in the worldAt Rs 69.90 average price Indian prices are now comparable to price of petrol in EU. Romania has EU's cheapest petrol at Rs 72.33 per litre.
- Infra spending to be close to Plan target of $500 bn: MontekThe government will almost achieve the 11th Five-Year Plan's infrastructure investment target of $500 billion, Planning Commission Deputy C...
- GDP at PPP best indicatorThe gross domestic product (GDP) is perhaps the most talked about economic indicator. In simple terms, the GDP is the combined market value...
- Mush chargesheet supported by documentary evidence: PPPPakistan's ruling coalition's chargesheet against President Pervez Musharraf will be backed by evidence of the "horrendous" crimes allegedl...
- Revolving fund worth Rs 100 cr for infra projectsThe government has notified setting up of a Rs 100-crore revolving fund that is aimed at assisting infrastructure projects, under public-pr...
- India now $4 trillion economy: ChidambaramAt market prices GDP has increased to $912 billion in 2006-07 and is expected to cross a trillion dollars in the current year, he said. Vis...
- India seeks Japanese investment in infra sectorIndia on Tuesday sought enhanced Japanese investment in infrastructure sector based on public-private partnership (PPP) model.
- India needs Rs 14,89,500 cr for infrastructure in 5 yrsThe country would need to invest a whopping Rs 14,89,500 crore within the next five years in the infrastructure sector, out of which the pr...
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