Economic Survey 2022-23

The Economic Survey is presented in both the houses of parliament every year one day before the presentation of the Annual Budget.

Inward Remittances to India's Rescue

India’s external sector is of some concern. Merchandise exports have not improved in recent months.

West Bengal budget mainly emphasises in social sector

Minister of State (independent charge) Chandrima Bhattacharya presented the state annual budget in the West Bengal State Assembly on February15, 2023.

Will lithium reserves change the destiny of J&K

The month of February was not only exceptional for Jammu & Kashmir but for the whole nation as India’s aspirations of becoming a green industrial power got a shot in the arm as much needed lithium resources were found in Salal area of Reasi district in Jammu and Kashmir.

Is Old Pension Scheme Better Than New Pension Scheme

The backpedalling from the new pension scheme to the old pension scheme is being debated. Few state governments have even restored the old pension scheme in the recent past.

Is The Global Economy Heading For Recession?

Few asked this question. Is it true? Hopefully, by the end of this article and analysis, Before going into whether we are heading to the global recession, it is important to understand what are the characteristics of global recession.

Chat GPT: How Will It Change The World?

That Artificial Intelligence (AI) was coming, it is common knowledge. If we are afraid, we should have been prepared for it.

Sri Trailangaswami, "The Walking Shiva of Varanasi"

India is a cradle of many geniuses. It is a land a great place for of religion and a great pilgrimage.

Will the budget 2023 boost the renewable energy sector?

On February 1, the Budget for fiscal year 2023-24 will be presented to the parliament. Amidst the rising concern for climate change and increasing pollution, the new budget is expected to be a blessing as finance minister Nirmala Sitharam has announced plans to install 500 GW of renewable energy capacity by 2030.

Maniben Vallabhbhai Patel: A Life

\"Like the Sardar (Patel), Gandhiji never hide anything from me. In this regard, I believe, he was the best man of his era.\" -Maniben Vallabhbhai Patel

India trying to strengthen reliance on domestic coal production due to high inflationary pressures

Coal accounts for around 75% of India's power generation at over 150 million tonnes (MT) annually. At present, India's annual coal demand is around 950 MT. Along with its domestic demands in the energy sector; it has a large contribution in the steel industry. The country is the second-largest producer of crude steel; hence it requires a steady supply of coking coal.

Agriculture: achieved a lot but more to be done

The Indian economy has been a growing economy and now it is poised to achieve the level of the fourth and later the third largest economy of the world.

Playing by the rules

With the idea of guaranteeing that online games comply with Indian laws and to protect users against probable harm, the Ministry of Electronics and Information Technology (MeitY) issued draft amendments concerning online gaming on January 2, 2023.

Indian farmers cultivating ideas for better tomorrow

Agriculture has always been the centre of attention for political parties and academicians in India. The sector generates less than a fifth of gross value added yet provides livelihood to more than three-fifth of the population.

Global economic trends impacting India

India requires more public and private consumption to boost its economy. This is because the consumption sector is about 55% of the total demand of the economy.

Budget 2023: Ambitious or Ambiguous Masterplan

Economic Survey released on 31st January this year had projected that the GDP growth in 2022-23 will remain 7% whereas for the year 2023-24, it is forecasted to be 6.5%.

How to conserve foreign reserves: possibility of international trade in rupee?

The World Trade Organization (WTO) has revised downwards its previous global trade growth forecast from 3.4% to 1%. Interest rate increases, which have been resorted to by major economies for fighting inflation have resulted in fears of recession, consequent to monetary tightening.

How Spirituality Strengthens Humanity

Human life is considered a unique blessing, which lies in the achievement of awareness about self.

Is The Developed World Going To Face Recession? How Should India Prepare?

Almost everyday well circulated newspapers around the world are reportedly pointing out that the US and most of the countries in the Eurozone are going to face economic recession in the coming quarters.

India needs to look within to become a world leader

While we take pride in India’s remarkable progress in the world, we often tend to forget to look inwards.

Sardar Vallabhbhai Patel: Nation Builder and a True Democrat

“Our mutual conflicts and internecine quarrels and jealousies have in the past been the cause of our downfall and our falling victims to foreign dominations a number of times. We cannot afford to fall into those errors and traps again.” – Sardar Vallabhbhai Patel

Hindi version of the book - Reporting India' is out

The literary circles in Delhi recently celebrated the unveiling of Hindi translation of an amazing book penned by the legendary journalist of India, Shri Prem Prakash.

The Young Indians (YI), Kolkata Chapter celebrates Children's Day on a different note

On the occasion of Children’s Day on 14th November’22, The Young Indians (YI), Kolkata Chapter, The Youth Wing of CII (Confederation of Indian Industry) initiated the ‘Flight of Fantasy’ project where they flew down 14 children from the 2 Kolkata based NGO’s Don Bosco Ashalayam and MSS to Mumbai, India’s dream city.

Indian Copper market is gaining pace amidst global recession

In contrast to the global economy, India is picking up the pace in recent times.

FAFAI celebrates Silver Jubilee with First Kolkata Convention

The Fragrances and Flavours Association of India (FAFAI) recently organised a curtain raiser at ITC Sonar Bangla, Kolkata to mark their upcoming Silver Jubilee Edition Convention & Expo.

India can boost growth with lower inequity by implementing five policies

Are many of the developed economies of Europe, USA and some others going to enter into economic recession in the coming quarters? Has India been doing well in economic development? Many other contemporary issues were discussed byPrabhatPatnayak, professor emeritus, Jawaharlal Nehru University and a social activist, in his speech on the occasion of 100th anniversary of All India Reserve Bank Employees’ Association in Kolkata. Later he spoke to Kishore Kumar Biswas on some other relevant issues. The summery of Patnayak’s views are given below:

Price of yellow metal at a hike on constant basis

The gold market is seeing constant profits as prices are constantly increasing for the yellow metal.

India is projected to drive global economic growth

India is on track to become the world’s third largest economy by 2027, edging past Japan and Germany, says a new Morgan Stanley research report. India will account for a fifth of total global economic growth in the next decade.

Kotak Mahindra Bank Ltd.

Kotak Mahindra Bank Limited with headquarters in Mumbai; is India’s third largest private sector bank by market capitalisation as of November 2021.

Persisting inflation hindering growth and increasing hardship of people

Price inflation in the Indian economy has been persisting by more than 6% - the upper tolerance limit of RBI - for 10 months in a row. It is mandatory for the RBI to answer India’s government if the inflation remains 6% or more for more than two quarters sequentially.